BAUFAU: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BAUFAU
Largest movements
- Tangible fixed assets -€87,154
down €87,154 (-9.3%), from €936,659 to €849,505
- Receivables within one year -€24,081
down €24,081 (-45.0%), from €53,570 to €29,488
of which Trade receivables: -€19,081
- Cash -€23,361
down €23,361 (-22.8%), from €102,318 to €78,958
mainly Debts after one year (-€58,445) and Trade debts (-€33,654)
- Stocks and contracts +€14,520
up €14,520 (+22.6%), from €64,287 to €78,807
- Debts after one year -€58,445
down €58,445 (-11.5%), from €510,367 to €451,921
- Trade debts -€33,654
down €33,654 (-49.1%), from €68,513 to €34,858
of which Suppliers: -€32,489
- Depreciation +€10,811
up €10,811 (+13.1%), from €82,584 to €93,395
- Gross operating margin -€7,372
down €7,372 (-2.0%), from €366,953 to €359,581
- Staff costs -€5,717
down €5,717 (-2.3%), from €253,714 to €247,997
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,161,740 | €1,043,089 | -€118,651 | -10.2% |
| Fixed assets | 21/28 | €937,124 | €849,970 | -€87,154 | -9.3% |
| Tangible fixed assets | 22/27 | €936,659 | €849,505 | -€87,154 | -9.3% |
| Land and buildings | 22 | €605,869 | €578,317 | -€27,552 | -4.5% |
| Plant, machinery and equipment | 23 | €253,640 | €214,870 | -€38,770 | -15.3% |
| Furniture and vehicles | 24 | €70,038 | €56,319 | -€13,719 | -19.6% |
| Leasing and similar rights | 25 | €7,112 | - | -€7,112 | |
| Financial fixed assets | 28 | €465 | €465 | = | 0.0% |
| Current assets | 29/58 | €224,617 | €193,119 | -€31,498 | -14.0% |
| Stocks and contracts in progress | 3 | €64,287 | €78,807 | +€14,520 | +22.6% |
| Stocks | 30/36 | €64,287 | €78,807 | +€14,520 | +22.6% |
| Amounts receivable within one year | 40/41 | €53,570 | €29,488 | -€24,081 | -45.0% |
| Trade receivables | 40 | €29,040 | €9,958 | -€19,081 | -65.7% |
| Other amounts receivable | 41 | €24,530 | €19,530 | -€5,000 | -20.4% |
| Cash at bank and in hand | 54/58 | €102,318 | €78,958 | -€23,361 | -22.8% |
| Deferred charges and accrued income | 490/1 | €4,442 | €5,866 | +€1,424 | +32.1% |
| Total equity and liabilities | 10/49 | €1,161,740 | €1,043,089 | -€118,651 | -10.2% |
| Equity | 10/15 | €447,712 | €434,505 | -€13,207 | -2.9% |
| Contributions | 10/11 | €40,160 | €40,160 | = | 0.0% |
| Reserves | 13 | €59,204 | €59,204 | = | 0.0% |
| Distributable reserves | 133 | €59,204 | €59,204 | = | 0.0% |
| Profit (loss) carried forward | 14 | €264,539 | €254,878 | -€9,661 | -3.7% |
| Investment grants | 15 | €83,809 | €80,263 | -€3,546 | -4.2% |
| Amounts payable | 17/49 | €714,028 | €608,585 | -€105,444 | -14.8% |
| Amounts payable after more than one year | 17 | €510,367 | €451,921 | -€58,445 | -11.5% |
| Financial debts | 170/4 | €510,367 | €451,921 | -€58,445 | -11.5% |
| Amounts payable within one year | 42/48 | €203,512 | €155,832 | -€47,680 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €83,911 | €77,928 | -€5,983 | -7.1% |
| Financial debts | 43 | €3,205 | - | -€3,205 | |
| Credit institutions | 430/8 | €3,205 | - | -€3,205 | |
| Trade debts | 44 | €68,513 | €34,858 | -€33,654 | -49.1% |
| Suppliers | 440/4 | €62,497 | €30,009 | -€32,489 | -52.0% |
| Bills of exchange payable | 441 | €6,015 | €4,850 | -€1,166 | -19.4% |
| Taxes, remuneration and social security | 45 | €44,591 | €41,059 | -€3,532 | -7.9% |
| Taxes | 450/3 | €13,982 | €18,367 | +€4,385 | +31.4% |
| Remuneration and social security | 454/9 | €30,609 | €22,692 | -€7,918 | -25.9% |
| Other amounts payable | 47/48 | €3,293 | €1,987 | -€1,306 | -39.7% |
| Accrued charges and deferred income | 492/3 | €150 | €831 | +€681 | +454.9% |
| Non-recurring operating income | 76A | €16,840 | - | -€16,840 | |
| Remuneration, social security and pensions | 62 | €253,714 | €247,997 | -€5,717 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,584 | €93,395 | +€10,811 | +13.1% |
| Other operating charges | 640/8 | €11,946 | €11,309 | -€637 | -5.3% |
| Gross operating margin | 9900 | €366,953 | €359,581 | -€7,372 | -2.0% |
| Operating profit (loss) | 9901 | €18,709 | €6,881 | -€11,829 | -63.2% |
| Financial income | 75/76B | €9,694 | €6,141 | -€3,554 | -36.7% |
| Recurring financial income | 75 | €9,694 | €6,141 | -€3,554 | -36.7% |
| Financial charges | 65/66B | €20,554 | €21,768 | +€1,214 | +5.9% |
| Recurring financial charges | 65 | €20,554 | €21,768 | +€1,214 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €7,850 | -€8,747 | -€16,597 | |
| Income taxes | 67/77 | €1,100 | €914 | -€186 | -16.9% |
| Profit (loss) for the period | 9904 | €6,750 | -€9,661 | -€16,411 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,750 | -€9,661 | -€16,411 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.