BAUKO MICHAEL SCHOLL: what changed
BAUKO MICHAEL SCHOLL
Largest movements
- Cash +€14,186
up €14,186 (+103%), from €13,825 to €28,011
mainly Net result for the year (+€11,224) and Receivables within one year (+€8,106)
- Receivables within one year -€8,106
down €8,106 (-40.4%), from €20,047 to €11,941
of which Trade receivables: -€4,982
- Deferred charges and accrued income -€4,811
down €4,811 (-56.3%), from €8,537 to €3,727
- Stocks and contracts +€2,795
up €2,795 (+20.6%), from €13,585 to €16,380
- Tangible fixed assets -€695
down €695 (-71.0%), from €979 to €284
- Tax, wage and social debts +€2,084
up €2,084 (+31.6%), from €6,590 to €8,674
- Profit (loss) carried forward +€1,974
up €1,974 (+61.9%), from -€3,189 to -€1,215
- Other debts +€1,000
up €1,000 (+14.3%), from €7,000 to €8,000
- Trade debts -€939
down €939 (-27.3%), from €3,444 to €2,505
- Reserves -€750
down €750 (-3.1%), from €24,553 to €23,803
- Gross operating margin -€5,854
down €5,854 (-25.8%), from €22,723 to €16,868
- Depreciation -€3,660
down €3,660 (-84.0%), from €4,355 to €695
- Taxes -€440
down €440 (-9.1%), from €4,809 to €4,369
- Other operating charges +€263
up €263 (+1,744%), from €15 to €278
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 | €56,998 | €60,367 | +€3,369 | +5.9% |
| Fixed assets | 21/28 | €1,004 | €309 | -€695 | -69.2% |
| Tangible fixed assets | 22/27 | €979 | €284 | -€695 | -71.0% |
| Furniture and vehicles | 24 | €979 | €284 | -€695 | -71.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €55,994 | €60,058 | +€4,064 | +7.3% |
| Stocks and contracts in progress | 3 | €13,585 | €16,380 | +€2,795 | +20.6% |
| Contracts in progress | 37 | €13,585 | €16,380 | +€2,795 | +20.6% |
| Amounts receivable within one year | 40/41 | €20,047 | €11,941 | -€8,106 | -40.4% |
| Trade receivables | 40 | €10,487 | €5,506 | -€4,982 | -47.5% |
| Other amounts receivable | 41 | €9,560 | €6,435 | -€3,125 | -32.7% |
| Cash at bank and in hand | 54/58 | €13,825 | €28,011 | +€14,186 | +103% |
| Deferred charges and accrued income | 490/1 | €8,537 | €3,727 | -€4,811 | -56.3% |
| Total equity and liabilities | 10/49 | €56,998 | €60,367 | +€3,369 | +5.9% |
| Equity | 10/15 | €39,964 | €41,188 | +€1,224 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,553 | €23,803 | -€750 | -3.1% |
| Distributable reserves | 133 | €24,553 | €23,803 | -€750 | -3.1% |
| Profit (loss) carried forward | 14 | -€3,189 | -€1,215 | +€1,974 | +61.9% |
| Amounts payable | 17/49 | €17,034 | €19,178 | +€2,145 | +12.6% |
| Amounts payable within one year | 42/48 | €17,034 | €19,178 | +€2,145 | +12.6% |
| Trade debts | 44 | €3,444 | €2,505 | -€939 | -27.3% |
| Suppliers | 440/4 | €3,444 | €2,505 | -€939 | -27.3% |
| Taxes, remuneration and social security | 45 | €6,590 | €8,674 | +€2,084 | +31.6% |
| Taxes | 450/3 | €6,590 | €8,674 | +€2,084 | +31.6% |
| Other amounts payable | 47/48 | €7,000 | €8,000 | +€1,000 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,355 | €695 | -€3,660 | -84.0% |
| Other operating charges | 640/8 | €15 | €278 | +€263 | +1,744% |
| Gross operating margin | 9900 | €22,723 | €16,868 | -€5,854 | -25.8% |
| Operating profit (loss) | 9901 | €18,353 | €15,896 | -€2,457 | -13.4% |
| Financial income | 75/76B | €0 | €24 | +€23 | +5,456% |
| Recurring financial income | 75 | €0 | €24 | +€23 | +5,456% |
| Financial charges | 65/66B | €415 | €326 | -€89 | -21.4% |
| Recurring financial charges | 65 | €415 | €326 | -€89 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €17,938 | €15,593 | -€2,345 | -13.1% |
| Income taxes | 67/77 | €4,809 | €4,369 | -€440 | -9.1% |
| Profit (loss) for the period | 9904 | €13,129 | €11,224 | -€1,905 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,129 | €11,224 | -€1,905 | -14.5% |
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 3 November 2026 via checked.be.