Baumat: 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.
Baumat
Largest movements
- Cash +€55,476
new in 2025: €55,476
mainly Contributions, distributions and other (+€32,611) and Depreciation (+€25,757)
- Receivables within one year -€24,567
down €24,567 (-25.9%), from €94,891 to €70,324
of which Other amounts receivable: -€39,741
- Receivables after one year -€10,000
down €10,000 (-2.3%), from €426,355 to €416,355
- Debts after one year -€24,244
down €24,244 (-9.5%), from €255,574 to €231,330
- Trade debts +€11,631
up €11,631 (+121%), from €9,581 to €21,212
- Reserves +€10,909
up €10,909 (+54.0%), from €20,211 to €31,120
- Tax, wage and social debts +€9,883
up €9,883 (+45.0%), from €21,954 to €31,836
- Advances received +€9,680
new in 2025: €9,680
- Depreciation +€7,528
up €7,528 (+41.3%), from €18,230 to €25,757
- Financial charges -€5,435
down €5,435 (-31.3%), from €17,351 to €11,915
of which Financial charges: -€6,771
- Taxes +€3,548
up €3,548, from -€2,508 to €1,039
- Other operating charges +€1,522
up €1,522 (+91.1%), from €1,670 to €3,192
- Gross operating margin +€1,483
up €1,483 (+5.9%), from €24,959 to €26,443
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 | €833,455 | €849,388 | +€15,933 | +1.9% |
| Fixed assets | 21/28 | €312,209 | €307,233 | -€4,975 | -1.6% |
| Tangible fixed assets | 22/27 | €303,358 | €298,382 | -€4,975 | -1.6% |
| Land and buildings | 22 | €292,568 | €278,556 | -€14,012 | -4.8% |
| Plant, machinery and equipment | 23 | €5,008 | €4,834 | -€174 | -3.5% |
| Furniture and vehicles | 24 | €5,781 | €14,993 | +€9,211 | +159% |
| Financial fixed assets | 28 | €8,851 | €8,851 | = | 0.0% |
| Current assets | 29/58 | €521,246 | €542,155 | +€20,909 | +4.0% |
| Amounts receivable after more than one year | 29 | €426,355 | €416,355 | -€10,000 | -2.3% |
| Other amounts receivable | 291 | €426,355 | €416,355 | -€10,000 | -2.3% |
| Amounts receivable within one year | 40/41 | €94,891 | €70,324 | -€24,567 | -25.9% |
| Trade receivables | 40 | €12,907 | €28,080 | +€15,174 | +118% |
| Other amounts receivable | 41 | €81,984 | €42,244 | -€39,741 | -48.5% |
| Cash at bank and in hand | 54/58 | - | €55,476 | +€55,476 | |
| Total equity and liabilities | 10/49 | €833,455 | €849,388 | +€15,933 | +1.9% |
| Equity | 10/15 | €32,611 | €50,423 | +€17,812 | +54.6% |
| Contributions | 10/11 | €12,400 | €19,303 | +€6,903 | +55.7% |
| Reserves | 13 | €20,211 | €31,120 | +€10,909 | +54.0% |
| Distributable reserves | 133 | €20,211 | €31,120 | +€10,909 | +54.0% |
| Amounts payable | 17/49 | €800,844 | €798,965 | -€1,879 | -0.2% |
| Amounts payable after more than one year | 17 | €255,574 | €231,330 | -€24,244 | -9.5% |
| Financial debts | 170/4 | €255,574 | €231,330 | -€24,244 | -9.5% |
| Amounts payable within one year | 42/48 | €545,270 | €567,635 | +€22,365 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €35,424 | €26,851 | -€8,573 | -24.2% |
| Financial debts | 43 | €3,311 | €0 | -€3,311 | -100% |
| Credit institutions | 430/8 | €3,311 | €0 | -€3,311 | -100% |
| Trade debts | 44 | €9,581 | €21,212 | +€11,631 | +121% |
| Suppliers | 440/4 | €9,581 | €21,212 | +€11,631 | +121% |
| Advances received on contracts in progress | 46 | - | €9,680 | +€9,680 | |
| Taxes, remuneration and social security | 45 | €21,954 | €31,836 | +€9,883 | +45.0% |
| Taxes | 450/3 | €21,954 | €31,836 | +€9,883 | +45.0% |
| Other amounts payable | 47/48 | €475,000 | €478,056 | +€3,056 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,230 | €25,757 | +€7,528 | +41.3% |
| Other operating charges | 640/8 | €1,670 | €3,192 | +€1,522 | +91.1% |
| Gross operating margin | 9900 | €24,959 | €26,443 | +€1,483 | +5.9% |
| Operating profit (loss) | 9901 | €5,059 | -€2,507 | -€7,566 | |
| Financial income | 75/76B | €0 | €663 | +€663 | +368,078% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Non-recurring financial income | 76B | - | €663 | +€663 | |
| Financial charges | 65/66B | €17,351 | €11,915 | -€5,435 | -31.3% |
| Recurring financial charges | 65 | €17,345 | €10,574 | -€6,771 | -39.0% |
| Non-recurring financial charges | 66B | €5 | €1,341 | +€1,336 | +25,541% |
| Profit (loss) for the period before taxes | 9903 | -€12,291 | -€13,759 | -€1,468 | -11.9% |
| Income taxes | 67/77 | -€2,508 | €1,039 | +€3,548 | |
| Profit (loss) for the period | 9904 | -€9,783 | -€14,799 | -€5,016 | -51.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,783 | -€14,799 | -€5,016 | -51.3% |
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 18 October 2026 via checked.be.