BAUGNEZ CONCEPT: 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.
BAUGNEZ CONCEPT
Largest movements
- Cash +€37,879
up €37,879 (+55.3%), from €68,458 to €106,336
mainly Depreciation (+€41,831) and Trade debts (+€4,287)
- Tangible fixed assets -€37,614
down €37,614 (-4.1%), from €919,123 to €881,510
of which Land and buildings: -€34,660
No liability line moved by more than 1% of the balance sheet total.
- Turnover +€54,966
new in 2025: €54,966
- Other operating income -€49,037
down €49,037 (-100%), from €49,037 to €0
- Other operating charges +€1,222
up €1,222 (+17.1%), from €7,163 to €8,386
- Depreciation +€949
up €949 (+2.3%), from €40,882 to €41,831
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 | €992,307 | €992,749 | +€442 | 0.0% |
| Formation expenses | 20 | €2,524 | €1,399 | -€1,125 | -44.6% |
| Fixed assets | 21/28 | €919,123 | €881,510 | -€37,614 | -4.1% |
| Tangible fixed assets | 22/27 | €919,123 | €881,510 | -€37,614 | -4.1% |
| Land and buildings | 22 | €872,475 | €837,815 | -€34,660 | -4.0% |
| Plant, machinery and equipment | 23 | €46,648 | €43,695 | -€2,954 | -6.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Other financial fixed assets | 284/8 | €0 | - | = | |
| Shares | 284 | €0 | - | = | |
| Current assets | 29/58 | €70,660 | €109,840 | +€39,180 | +55.4% |
| Amounts receivable within one year | 40/41 | €0 | €405 | +€405 | |
| Trade receivables | 40 | - | €403 | +€403 | |
| Other amounts receivable | 41 | - | €2 | +€2 | |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Other investments | 51/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €68,458 | €106,336 | +€37,879 | +55.3% |
| Deferred charges and accrued income | 490/1 | €1,952 | €2,848 | +€897 | +45.9% |
| Total equity and liabilities | 10/49 | €992,307 | €992,749 | +€442 | 0.0% |
| Equity | 10/15 | €988,800 | €986,162 | -€2,638 | -0.3% |
| Contributions | 10/11 | €794,560 | €794,560 | = | 0.0% |
| Reserves | 13 | €194,240 | €191,602 | -€2,638 | -1.4% |
| Distributable reserves | 133 | €194,240 | €191,602 | -€2,638 | -1.4% |
| Amounts payable | 17/49 | €3,507 | €6,587 | +€3,080 | +87.8% |
| Amounts payable within one year | 42/48 | €3,471 | €6,587 | +€3,116 | +89.8% |
| Trade debts | 44 | €191 | €4,479 | +€4,287 | +2,242% |
| Suppliers | 440/4 | €191 | €4,479 | +€4,287 | +2,242% |
| Taxes, remuneration and social security | 45 | - | €0 | = | |
| Taxes | 450/3 | - | €0 | = | |
| Other amounts payable | 47/48 | €3,279 | €2,108 | -€1,171 | -35.7% |
| Accrued charges and deferred income | 492/3 | €36 | €0 | -€36 | -100% |
| Operating income | 70/76A | €49,037 | €54,966 | +€5,929 | +12.1% |
| Turnover | 70 | - | €54,966 | +€54,966 | |
| Other operating income | 74 | €49,037 | €0 | -€49,037 | -100% |
| Operating charges | 60/66A | €54,486 | €57,176 | +€2,690 | +4.9% |
| Services and other goods | 61 | €6,441 | €6,960 | +€518 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,882 | €41,831 | +€949 | +2.3% |
| Other operating charges | 640/8 | €7,163 | €8,386 | +€1,222 | +17.1% |
| Operating profit (loss) | 9901 | -€5,450 | -€2,210 | +€3,239 | +59.4% |
| Financial income | 75/76B | €0 | €8 | +€7 | +1,431% |
| Recurring financial income | 75 | €0 | €8 | +€7 | +1,431% |
| Income from current assets | 751 | €0 | €8 | +€7 | +1,431% |
| Financial charges | 65/66B | €421 | €435 | +€14 | +3.3% |
| Recurring financial charges | 65 | €421 | €435 | +€14 | +3.3% |
| Other financial charges | 652/9 | €421 | €435 | +€14 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,871 | -€2,638 | +€3,233 | +55.1% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -100% |
| Taxes | 670/3 | €0 | €0 | -€0 | -100% |
| Profit (loss) for the period | 9904 | -€5,871 | -€2,638 | +€3,233 | +55.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,871 | -€2,638 | +€3,233 | +55.1% |
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 15 October 2026 via checked.be.