BAULIS: 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.
BAULIS
Largest movements
- Financial fixed assets -€17,691
down €17,691 (-21.5%), from €82,320 to €64,629
- Receivables within one year -€15,687
down €15,687 (-71.7%), from €21,893 to €6,206
of which Trade receivables: -€16,837
- Cash +€9,643
up €9,643 (+6.8%), from €142,470 to €152,113
mainly Net result for the year (+€129,724) and Depreciation (+€25,811)
- Tangible fixed assets -€9,494
down €9,494 (-5.8%), from €164,219 to €154,725
of which Land and buildings: -€16,387
- Stocks and contracts -€5,085
down €5,085 (-34.7%), from €14,664 to €9,579
- Current portion of long-term debt -€30,655
down €30,655 (-98.6%), from €31,091 to €436
- Trade debts -€17,559
down €17,559 (-53.1%), from €33,094 to €15,535
- Reserves +€9,724
up €9,724 (+4.4%), from €220,567 to €230,291
of which Distributable reserves: +€9,724
- Other debts +€7,518
up €7,518 (+5.3%), from €140,587 to €148,105
- Tax, wage and social debts -€5,327
down €5,327 (-78.0%), from €6,829 to €1,502
of which Remuneration and social security: -€3,722
- Staff costs -€19,433
down €19,433 (-28.2%), from €68,792 to €49,359
- Gross operating margin -€11,818
down €11,818 (-5.3%), from €221,048 to €209,230
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 | €460,985 | €424,337 | -€36,648 | -7.9% |
| Fixed assets | 21/28 | €246,539 | €219,354 | -€27,185 | -11.0% |
| Tangible fixed assets | 22/27 | €164,219 | €154,725 | -€9,494 | -5.8% |
| Land and buildings | 22 | €150,794 | €134,407 | -€16,387 | -10.9% |
| Plant, machinery and equipment | 23 | €12,321 | €19,951 | +€7,630 | +61.9% |
| Furniture and vehicles | 24 | €1,103 | €367 | -€737 | -66.7% |
| Financial fixed assets | 28 | €82,320 | €64,629 | -€17,691 | -21.5% |
| Current assets | 29/58 | €214,447 | €204,984 | -€9,463 | -4.4% |
| Stocks and contracts in progress | 3 | €14,664 | €9,579 | -€5,085 | -34.7% |
| Stocks | 30/36 | €14,664 | €9,579 | -€5,085 | -34.7% |
| Amounts receivable within one year | 40/41 | €21,893 | €6,206 | -€15,687 | -71.7% |
| Trade receivables | 40 | €18,281 | €1,444 | -€16,837 | -92.1% |
| Other amounts receivable | 41 | €3,613 | €4,763 | +€1,150 | +31.8% |
| Cash at bank and in hand | 54/58 | €142,470 | €152,113 | +€9,643 | +6.8% |
| Deferred charges and accrued income | 490/1 | €35,419 | €37,086 | +€1,666 | +4.7% |
| Total equity and liabilities | 10/49 | €460,985 | €424,337 | -€36,648 | -7.9% |
| Equity | 10/15 | €245,567 | €255,291 | +€9,724 | +4.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €220,567 | €230,291 | +€9,724 | +4.4% |
| Non-distributable reserves | 130/1 | €102,500 | €102,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €102,500 | €102,500 | = | 0.0% |
| Distributable reserves | 133 | €118,067 | €127,791 | +€9,724 | +8.2% |
| Amounts payable | 17/49 | €215,418 | €169,046 | -€46,372 | -21.5% |
| Amounts payable after more than one year | 17 | €436 | - | -€436 | |
| Financial debts | 170/4 | €436 | - | -€436 | |
| Amounts payable within one year | 42/48 | €211,600 | €165,579 | -€46,022 | -21.7% |
| Current portion of amounts payable after more than one year | 42 | €31,091 | €436 | -€30,655 | -98.6% |
| Trade debts | 44 | €33,094 | €15,535 | -€17,559 | -53.1% |
| Suppliers | 440/4 | €33,094 | €15,535 | -€17,559 | -53.1% |
| Taxes, remuneration and social security | 45 | €6,829 | €1,502 | -€5,327 | -78.0% |
| Taxes | 450/3 | €2,275 | €670 | -€1,605 | -70.5% |
| Remuneration and social security | 454/9 | €4,554 | €832 | -€3,722 | -81.7% |
| Other amounts payable | 47/48 | €140,587 | €148,105 | +€7,518 | +5.3% |
| Accrued charges and deferred income | 492/3 | €3,382 | €3,467 | +€85 | +2.5% |
| Remuneration, social security and pensions | 62 | €68,792 | €49,359 | -€19,433 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,204 | €25,811 | -€393 | -1.5% |
| Other operating charges | 640/8 | €2,706 | €2,840 | +€134 | +4.9% |
| Gross operating margin | 9900 | €221,048 | €209,230 | -€11,818 | -5.3% |
| Operating profit (loss) | 9901 | €123,346 | €131,221 | +€7,875 | +6.4% |
| Financial income | 75/76B | €5,884 | €5,471 | -€413 | -7.0% |
| Recurring financial income | 75 | €5,884 | €5,471 | -€413 | -7.0% |
| Financial charges | 65/66B | €3,226 | €2,711 | -€515 | -16.0% |
| Recurring financial charges | 65 | €3,226 | €2,711 | -€515 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €126,004 | €133,981 | +€7,977 | +6.3% |
| Income taxes | 67/77 | €4,775 | €4,256 | -€519 | -10.9% |
| Profit (loss) for the period | 9904 | €121,229 | €129,724 | +€8,496 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €121,229 | €129,724 | +€8,496 | +7.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.