Baugi: what changed
Two financial 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.
Baugi
Largest movements
- Cash +€20,888
up €20,888 (+276%), from €7,578 to €28,466
mainly Depreciation (+€14,957) and Net result for the year (+€13,865)
- Tangible fixed assets -€14,957
down €14,957 (-9.2%), from €161,741 to €146,784
of which Land and buildings: -€14,957
- Receivables within one year +€4,464
up €4,464 (+82.9%), from €5,386 to €9,850
of which Trade receivables: +€4,471
- Profit (loss) carried forward +€14,189
up €14,189 (+12.1%), from -€117,534 to -€103,345
- Other debts -€4,587
down €4,587 (-3.5%), from €129,810 to €125,224
- Gross operating margin +€15,988
up €15,988 (+106%), from €15,107 to €31,096
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.
Derived cash bridge
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 | €175,808 | €186,300 | +€10,492 | +6.0% |
| Fixed assets | 21/28 | €161,741 | €146,784 | -€14,957 | -9.2% |
| Tangible fixed assets | 22/27 | €161,741 | €146,784 | -€14,957 | -9.2% |
| Land and buildings | 22 | €161,741 | €146,784 | -€14,957 | -9.2% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €14,068 | €39,517 | +€25,449 | +181% |
| Amounts receivable within one year | 40/41 | €5,386 | €9,850 | +€4,464 | +82.9% |
| Trade receivables | 40 | €5,378 | €9,850 | +€4,471 | +83.1% |
| Other amounts receivable | 41 | €8 | €0 | -€8 | -100% |
| Cash at bank and in hand | 54/58 | €7,578 | €28,466 | +€20,888 | +276% |
| Deferred charges and accrued income | 490/1 | €1,104 | €1,201 | +€97 | +8.8% |
| Total equity and liabilities | 10/49 | €175,808 | €186,300 | +€10,492 | +6.0% |
| Equity | 10/15 | €43,858 | €57,723 | +€13,865 | +31.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €61,068 | €61,068 | = | 0.0% |
| Reserves | 13 | €324 | €0 | -€324 | -100% |
| Tax-exempt reserves | 132 | €324 | €0 | -€324 | -100% |
| Profit (loss) carried forward | 14 | -€117,534 | -€103,345 | +€14,189 | +12.1% |
| Amounts payable | 17/49 | €131,950 | €128,578 | -€3,372 | -2.6% |
| Amounts payable within one year | 42/48 | €131,857 | €128,578 | -€3,279 | -2.5% |
| Trade debts | 44 | €213 | €1,845 | +€1,632 | +765% |
| Suppliers | 440/4 | €213 | €1,845 | +€1,632 | +765% |
| Taxes, remuneration and social security | 45 | €1,833 | €1,509 | -€324 | -17.7% |
| Taxes | 450/3 | €1,833 | €1,509 | -€324 | -17.7% |
| Other amounts payable | 47/48 | €129,810 | €125,224 | -€4,587 | -3.5% |
| Accrued charges and deferred income | 492/3 | €93 | €0 | -€93 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,957 | €14,957 | = | 0.0% |
| Other operating charges | 640/8 | €2,114 | €2,105 | -€9 | -0.4% |
| Non-recurring operating charges | 66A | - | €92 | +€92 | |
| Gross operating margin | 9900 | €15,107 | €31,096 | +€15,988 | +106% |
| Operating profit (loss) | 9901 | -€1,964 | €13,942 | +€15,906 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €67 | €77 | +€10 | +14.9% |
| Recurring financial charges | 65 | €67 | €77 | +€10 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,031 | €13,865 | +€15,896 | |
| Profit (loss) for the period | 9904 | -€2,031 | €13,865 | +€15,896 | |
| Transfer from tax-exempt reserves | 789 | - | €324 | +€324 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,031 | €14,189 | +€16,220 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.