BAUFAYS ISABELLE: what changed
BAUFAYS ISABELLE
Largest movements
- Deferred charges and accrued income -€34,162
down €34,162 (-96.1%), from €35,534 to €1,372
- Cash +€10,851
up €10,851 (+1,154%), from €940 to €11,791
mainly Deferred charges and accrued income (+€34,162) and Trade debts (+€22,636)
- Receivables within one year +€9,487
up €9,487 (+36.5%), from €26,019 to €35,507
of which Trade receivables: +€6,740
- Tangible fixed assets -€8,507
down €8,507 (-12.5%), from €67,904 to €59,397
of which Leasing and similar rights: -€4,497
- Profit (loss) carried forward -€44,242
down €44,242, from €8,521 to -€35,721
- Trade debts +€22,636
up €22,636 (+568,744%), from €4 to €22,640
- Other debts +€19,761
up €19,761 (+41.6%), from €47,540 to €67,301
- Debts after one year -€15,922
down €15,922 (-40.8%), from €39,045 to €23,123
- Tax, wage and social debts -€5,193
down €5,193 (-71.7%), from €7,238 to €2,045
- Gross operating margin -€65,154
down €65,154, from €33,920 to -€31,235
- Financial charges -€916
down €916 (-23.4%), from €3,909 to €2,993
- Taxes -€628
down €628 (-78.7%), from €798 to €170
- Depreciation -€571
down €571 (-6.3%), from €9,078 to €8,507
- Other operating charges -€470
down €470 (-26.0%), from €1,808 to €1,338
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,398 | €108,247 | -€22,150 | -17.0% |
| Fixed assets | 21/28 | €67,904 | €59,577 | -€8,327 | -12.3% |
| Tangible fixed assets | 22/27 | €67,904 | €59,397 | -€8,507 | -12.5% |
| Plant, machinery and equipment | 23 | €30,233 | €26,567 | -€3,666 | -12.1% |
| Furniture and vehicles | 24 | €343 | - | -€343 | |
| Leasing and similar rights | 25 | €37,328 | €32,831 | -€4,497 | -12.0% |
| Financial fixed assets | 28 | - | €180 | +€180 | |
| Current assets | 29/58 | €62,493 | €48,670 | -€13,824 | -22.1% |
| Amounts receivable within one year | 40/41 | €26,019 | €35,507 | +€9,487 | +36.5% |
| Trade receivables | 40 | €26,019 | €32,759 | +€6,740 | +25.9% |
| Other amounts receivable | 41 | - | €2,747 | +€2,747 | |
| Cash at bank and in hand | 54/58 | €940 | €11,791 | +€10,851 | +1,154% |
| Deferred charges and accrued income | 490/1 | €35,534 | €1,372 | -€34,162 | -96.1% |
| Total equity and liabilities | 10/49 | €130,398 | €108,247 | -€22,150 | -17.0% |
| Equity | 10/15 | €21,459 | -€22,784 | -€44,242 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €538 | €538 | = | 0.0% |
| Non-distributable reserves | 130/1 | €538 | €538 | = | 0.0% |
| Reserves not available under the articles | 1311 | €538 | €538 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,521 | -€35,721 | -€44,242 | |
| Amounts payable | 17/49 | €108,939 | €131,031 | +€22,092 | +20.3% |
| Amounts payable after more than one year | 17 | €39,045 | €23,123 | -€15,922 | -40.8% |
| Financial debts | 170/4 | €39,045 | €23,123 | -€15,922 | -40.8% |
| Amounts payable within one year | 42/48 | €69,894 | €107,908 | +€38,013 | +54.4% |
| Current portion of amounts payable after more than one year | 42 | €15,053 | €15,922 | +€868 | +5.8% |
| Financial debts | 43 | €59 | - | -€59 | |
| Credit institutions | 430/8 | €59 | - | -€59 | |
| Trade debts | 44 | €4 | €22,640 | +€22,636 | +568,744% |
| Suppliers | 440/4 | €4 | €22,640 | +€22,636 | +568,744% |
| Taxes, remuneration and social security | 45 | €7,238 | €2,045 | -€5,193 | -71.7% |
| Taxes | 450/3 | €7,238 | €2,045 | -€5,193 | -71.7% |
| Other amounts payable | 47/48 | €47,540 | €67,301 | +€19,761 | +41.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,078 | €8,507 | -€571 | -6.3% |
| Other operating charges | 640/8 | €1,808 | €1,338 | -€470 | -26.0% |
| Gross operating margin | 9900 | €33,920 | -€31,235 | -€65,154 | |
| Operating profit (loss) | 9901 | €23,034 | -€41,079 | -€64,113 | |
| Financial charges | 65/66B | €3,909 | €2,993 | -€916 | -23.4% |
| Recurring financial charges | 65 | €3,909 | €2,993 | -€916 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €19,125 | -€44,072 | -€63,197 | |
| Income taxes | 67/77 | €798 | €170 | -€628 | -78.7% |
| Profit (loss) for the period | 9904 | €18,327 | -€44,242 | -€62,569 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,327 | -€44,242 | -€62,569 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.