Bauhaus Projects: 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.
Bauhaus Projects
Largest movements
- Stocks and contracts +€1.5m
up €1.5m (+16.6%), from €8.7m to €10.2m
- Cash +€1.1m
up €1.1m (+1,561%), from €67,833 to €1.1m
mainly Debts after one year (+€812,326) and Receivables within one year (+€740,615)
- Receivables within one year -€740,615
down €740,615 (-64.5%), from €1.1m to €408,269
of which Other amounts receivable: -€1.1m
- Profit (loss) carried forward +€941,009
up €941,009, from -€160,093 to €780,916
- Debts after one year +€812,326
up €812,326 (+19.8%), from €4.1m to €4.9m
- Short-term financial debts +€249,153
up €249,153 (+4.5%), from €5.5m to €5.8m
- Gross operating margin +€1.0m
up €1.0m (+148%), from €680,576 to €1.7m
- Taxes +€195,399
up €195,399 (+29,973%), from €652 to €196,051
- Financial charges +€68,417
up €68,417 (+18.2%), from €376,343 to €444,760
- Other operating charges -€52,881
down €52,881 (-47.5%), from €111,288 to €58,407
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 | €10,207,707 | €11,945,689 | +€1.7m | +17.0% |
| Fixed assets | 21/28 | €248,679 | €213,508 | -€35,172 | -14.1% |
| Intangible fixed assets | 21 | €7,807 | €2,308 | -€5,499 | -70.4% |
| Tangible fixed assets | 22/27 | €240,872 | €211,200 | -€29,672 | -12.3% |
| Land and buildings | 22 | €169,432 | €165,220 | -€4,212 | -2.5% |
| Leasing and similar rights | 25 | €63,940 | €38,480 | -€25,460 | -39.8% |
| Other tangible fixed assets | 26 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €9,959,027 | €11,732,182 | +€1.8m | +17.8% |
| Stocks and contracts in progress | 3 | €8,742,311 | €10,196,935 | +€1.5m | +16.6% |
| Stocks | 30/36 | €8,742,311 | €10,196,935 | +€1.5m | +16.6% |
| Amounts receivable within one year | 40/41 | €1,148,884 | €408,269 | -€740,615 | -64.5% |
| Trade receivables | 40 | €0 | €390,120 | +€390,120 | |
| Other amounts receivable | 41 | €1,148,884 | €18,148 | -€1.1m | -98.4% |
| Cash at bank and in hand | 54/58 | €67,833 | €1,126,978 | +€1.1m | +1,561% |
| Total equity and liabilities | 10/49 | €10,207,707 | €11,945,689 | +€1.7m | +17.0% |
| Equity | 10/15 | -€60,093 | €880,916 | +€941,009 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€160,093 | €780,916 | +€941,009 | |
| Amounts payable | 17/49 | €10,267,800 | €11,064,773 | +€796,974 | +7.8% |
| Amounts payable after more than one year | 17 | €4,101,080 | €4,913,405 | +€812,326 | +19.8% |
| Financial debts | 170/4 | €4,101,080 | €4,913,405 | +€812,326 | +19.8% |
| Amounts payable within one year | 42/48 | €5,956,848 | €5,976,209 | +€19,361 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €50,580 | €45,137 | -€5,442 | -10.8% |
| Financial debts | 43 | €5,541,316 | €5,790,468 | +€249,153 | +4.5% |
| Credit institutions | 430/8 | €5,541,316 | €5,790,468 | +€249,153 | +4.5% |
| Trade debts | 44 | €205,245 | €98,481 | -€106,764 | -52.0% |
| Suppliers | 440/4 | €205,245 | €98,481 | -€106,764 | -52.0% |
| Taxes, remuneration and social security | 45 | €159,708 | €42,123 | -€117,585 | -73.6% |
| Taxes | 450/3 | €153,969 | €41,428 | -€112,541 | -73.1% |
| Remuneration and social security | 454/9 | €5,739 | €695 | -€5,044 | -87.9% |
| Accrued charges and deferred income | 492/3 | €209,872 | €175,159 | -€34,713 | -16.5% |
| Non-recurring operating income | 76A | €563,559 | €0 | -€563,559 | -100% |
| Remuneration, social security and pensions | 62 | €262,566 | €269,023 | +€6,457 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,283 | €35,172 | -€1,112 | -3.1% |
| Other operating charges | 640/8 | €111,288 | €58,407 | -€52,881 | -47.5% |
| Gross operating margin | 9900 | €680,576 | €1,687,182 | +€1.0m | +148% |
| Operating profit (loss) | 9901 | €270,439 | €1,324,580 | +€1.1m | +390% |
| Financial income | 75/76B | €7,312 | €5,631 | -€1,681 | -23.0% |
| Recurring financial income | 75 | €7,312 | €5,631 | -€1,681 | -23.0% |
| Financial charges | 65/66B | €376,343 | €444,760 | +€68,417 | +18.2% |
| Recurring financial charges | 65 | €376,343 | €444,760 | +€68,417 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | -€98,593 | €885,450 | +€984,043 | |
| Income taxes | 67/77 | €652 | €196,051 | +€195,399 | +29,973% |
| Profit (loss) for the period | 9904 | -€99,245 | €689,399 | +€788,644 | |
| Profit (loss) for the period to be appropriated | 9905 | -€99,245 | €689,399 | +€788,644 |
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.