BAUFIX 2: 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.
BAUFIX 2
Largest movements
- Receivables within one year +€83,752
up €83,752 (+55.0%), from €152,326 to €236,078
of which Other amounts receivable: +€58,476
- Trade debts +€63,365
up €63,365 (+58.8%), from €107,685 to €171,051
- Tax, wage and social debts +€7,879
up €7,879 (+69.0%), from €11,415 to €19,294
of which Remuneration and social security: +€6,717
- Short-term financial debts +€6,650
up €6,650 (+375.0%), from €1,773 to €8,423
- Profit (loss) carried forward +€4,218
up €4,218 (+11.6%), from €36,410 to €40,628
- Other debts +€2,758
new in 2025: €2,758
- Gross operating margin +€17,549
up €17,549 (+35.8%), from €49,036 to €66,584
- Staff costs -€10,083
down €10,083 (-18.4%), from €54,799 to €44,716
- Other operating charges +€9,321
up €9,321 (+670.2%), from €1,391 to €10,711
- Depreciation +€1,851
up €1,851 (+92.5%), from €2,002 to €3,854
- Taxes +€1,417
new in 2025: €1,417
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €161,256 | €246,154 | +€84,898 | +52.6% |
| Fixed assets | 21/28 | €8,930 | €10,076 | +€1,146 | +12.8% |
| Tangible fixed assets | 22/27 | €8,930 | €10,076 | +€1,146 | +12.8% |
| Plant, machinery and equipment | 23 | €54 | €5,000 | +€4,946 | +9126.8% |
| Furniture and vehicles | 24 | €8,876 | €5,076 | -€3,800 | -42.8% |
| Current assets | 29/58 | €152,326 | €236,078 | +€83,752 | +55.0% |
| Amounts receivable within one year | 40/41 | €152,326 | €236,078 | +€83,752 | +55.0% |
| Trade receivables | 40 | €13,736 | €39,011 | +€25,275 | +184.0% |
| Other amounts receivable | 41 | €138,590 | €197,067 | +€58,476 | +42.2% |
| Total equity and liabilities | 10/49 | €161,256 | €246,154 | +€84,898 | +52.6% |
| Equity | 10/15 | €40,410 | €44,628 | +€4,218 | +10.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,410 | €40,628 | +€4,218 | +11.6% |
| Amounts payable | 17/49 | €120,874 | €201,526 | +€80,652 | +66.7% |
| Amounts payable within one year | 42/48 | €120,874 | €201,526 | +€80,652 | +66.7% |
| Financial debts | 43 | €1,773 | €8,423 | +€6,650 | +375.0% |
| Credit institutions | 430/8 | €1,773 | €8,423 | +€6,650 | +375.0% |
| Trade debts | 44 | €107,685 | €171,051 | +€63,365 | +58.8% |
| Suppliers | 440/4 | €107,685 | €171,051 | +€63,365 | +58.8% |
| Taxes, remuneration and social security | 45 | €11,415 | €19,294 | +€7,879 | +69.0% |
| Taxes | 450/3 | €4,394 | €5,556 | +€1,162 | +26.4% |
| Remuneration and social security | 454/9 | €7,022 | €13,738 | +€6,717 | +95.7% |
| Other amounts payable | 47/48 | - | €2,758 | +€2,758 | |
| Remuneration, social security and pensions | 62 | €54,799 | €44,716 | -€10,083 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,002 | €3,854 | +€1,851 | +92.5% |
| Other operating charges | 640/8 | €1,391 | €10,711 | +€9,321 | +670.2% |
| Gross operating margin | 9900 | €49,036 | €66,584 | +€17,549 | +35.8% |
| Operating profit (loss) | 9901 | -€9,184 | €7,303 | +€16,487 | |
| Financial income | 75/76B | - | €28 | +€28 | |
| Recurring financial income | 75 | - | €28 | +€28 | |
| Financial charges | 65/66B | €1,033 | €1,667 | +€635 | +61.5% |
| Recurring financial charges | 65 | €1,033 | €1,667 | +€635 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,217 | €5,664 | +€15,880 | |
| Income taxes | 67/77 | - | €1,417 | +€1,417 | |
| Profit (loss) for the period | 9904 | -€10,217 | €4,246 | +€14,463 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,217 | €4,246 | +€14,463 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.