BAUMA: 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.
BAUMA
Largest movements
- Cash +€311,507
up €311,507 (+30.1%), from €1.0m to €1.3m
mainly Other debts (+€164,607) and Net result for the year (+€131,308)
- Other debts +€164,607
new in 2025: €164,607
- Reserves +€131,308
up €131,308 (+9.1%), from €1.4m to €1.6m
- Financial income -€289,624
down €289,624 (-88.4%), from €327,629 to €38,006
- Gross operating margin +€15,312
up €15,312 (+7.1%), from €214,586 to €229,899
- Taxes -€9,534
down €9,534 (-20.1%), from €47,348 to €37,814
- Financial charges +€6,618
up €6,618 (+95.0%), from €6,970 to €13,588
- Other operating charges -€2,975
down €2,975 (-17.5%), from €17,033 to €14,058
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 | €9,446,691 | €9,687,061 | +€240,371 | +2.5% |
| Fixed assets | 21/28 | €7,903,294 | €7,832,157 | -€71,136 | -0.9% |
| Tangible fixed assets | 22/27 | €3,004,838 | €2,933,702 | -€71,136 | -2.4% |
| Land and buildings | 22 | €3,004,838 | €2,933,702 | -€71,136 | -2.4% |
| Financial fixed assets | 28 | €4,898,456 | €4,898,456 | = | 0.0% |
| Current assets | 29/58 | €1,543,397 | €1,854,904 | +€311,507 | +20.2% |
| Amounts receivable after more than one year | 29 | €501,701 | €501,701 | = | 0.0% |
| Other amounts receivable | 291 | €501,701 | €501,701 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,230 | €6,230 | = | 0.0% |
| Other amounts receivable | 41 | €6,230 | €6,230 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,035,466 | €1,346,973 | +€311,507 | +30.1% |
| Total equity and liabilities | 10/49 | €9,446,691 | €9,687,061 | +€240,371 | +2.5% |
| Equity | 10/15 | €8,908,747 | €9,040,055 | +€131,308 | +1.5% |
| Contributions | 10/11 | €7,461,000 | €7,461,000 | = | 0.0% |
| Reserves | 13 | €1,447,747 | €1,579,055 | +€131,308 | +9.1% |
| Distributable reserves | 133 | €1,447,747 | €1,579,055 | +€131,308 | +9.1% |
| Amounts payable | 17/49 | €537,944 | €647,006 | +€109,062 | +20.3% |
| Amounts payable after more than one year | 17 | €431,803 | €367,664 | -€64,139 | -14.9% |
| Financial debts | 170/4 | €431,803 | €367,664 | -€64,139 | -14.9% |
| Amounts payable within one year | 42/48 | €106,140 | €279,342 | +€173,202 | +163% |
| Current portion of amounts payable after more than one year | 42 | €63,332 | €64,139 | +€807 | +1.3% |
| Trade debts | 44 | €989 | - | -€989 | |
| Suppliers | 440/4 | €989 | - | -€989 | |
| Taxes, remuneration and social security | 45 | €41,819 | €50,595 | +€8,776 | +21.0% |
| Taxes | 450/3 | €41,819 | €50,595 | +€8,776 | +21.0% |
| Other amounts payable | 47/48 | - | €164,607 | +€164,607 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,136 | €71,136 | = | 0.0% |
| Other operating charges | 640/8 | €17,033 | €14,058 | -€2,975 | -17.5% |
| Gross operating margin | 9900 | €214,586 | €229,899 | +€15,312 | +7.1% |
| Operating profit (loss) | 9901 | €126,417 | €144,705 | +€18,288 | +14.5% |
| Financial income | 75/76B | €327,629 | €38,006 | -€289,624 | -88.4% |
| Recurring financial income | 75 | €327,629 | €38,006 | -€289,624 | -88.4% |
| Financial charges | 65/66B | €6,970 | €13,588 | +€6,618 | +95.0% |
| Recurring financial charges | 65 | €6,970 | €13,588 | +€6,618 | +95.0% |
| Profit (loss) for the period before taxes | 9903 | €447,077 | €169,123 | -€277,954 | -62.2% |
| Income taxes | 67/77 | €47,348 | €37,814 | -€9,534 | -20.1% |
| Profit (loss) for the period | 9904 | €399,729 | €131,308 | -€268,420 | -67.2% |
| Profit (loss) for the period to be appropriated | 9905 | €399,729 | €131,308 | -€268,420 | -67.2% |
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.