BAUMBAUER: what changed
BAUMBAUER
Largest movements
- Cash -€26,129
down €26,129 (-91.4%), from €28,603 to €2,474
mainly Contributions, distributions and other (-€105,882) and Tax, wage and social debts (-€15,773)
- Receivables within one year -€20,015
down €20,015 (-16.3%), from €123,020 to €103,005
of which Trade receivables: -€19,617
- Tangible fixed assets -€6,696
down €6,696 (-22.0%), from €30,503 to €23,807
of which Land and buildings: -€5,302
- Reserves -€26,509
down €26,509 (-21.5%), from €123,113 to €96,605
- Tax, wage and social debts -€15,773
down €15,773 (-33.2%), from €47,502 to €31,729
- Trade debts -€12,031
down €12,031 (-92.4%), from €13,023 to €992
- Gross operating margin -€66,317
down €66,317 (-36.2%), from €183,111 to €116,794
- Taxes -€17,850
down €17,850 (-41.6%), from €42,897 to €25,048
- Depreciation +€2,136
up €2,136 (+21.6%), from €9,875 to €12,011
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 | €184,639 | €130,425 | -€54,214 | -29.4% |
| Fixed assets | 21/28 | €32,642 | €24,946 | -€7,696 | -23.6% |
| Intangible fixed assets | 21 | €2,139 | €1,139 | -€1,000 | -46.8% |
| Tangible fixed assets | 22/27 | €30,503 | €23,807 | -€6,696 | -22.0% |
| Land and buildings | 22 | €13,866 | €8,563 | -€5,302 | -38.2% |
| Plant, machinery and equipment | 23 | €9,883 | €10,166 | +€284 | +2.9% |
| Furniture and vehicles | 24 | €6,755 | €5,078 | -€1,677 | -24.8% |
| Current assets | 29/58 | €151,997 | €105,479 | -€46,518 | -30.6% |
| Amounts receivable within one year | 40/41 | €123,020 | €103,005 | -€20,015 | -16.3% |
| Trade receivables | 40 | €110,007 | €90,390 | -€19,617 | -17.8% |
| Other amounts receivable | 41 | €13,014 | €12,615 | -€398 | -3.1% |
| Cash at bank and in hand | 54/58 | €28,603 | €2,474 | -€26,129 | -91.4% |
| Deferred charges and accrued income | 490/1 | €373 | - | -€373 | |
| Total equity and liabilities | 10/49 | €184,639 | €130,425 | -€54,214 | -29.4% |
| Equity | 10/15 | €124,113 | €97,605 | -€26,509 | -21.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €123,113 | €96,605 | -€26,509 | -21.5% |
| Distributable reserves | 133 | €123,113 | €96,605 | -€26,509 | -21.5% |
| Amounts payable | 17/49 | €60,525 | €32,820 | -€27,705 | -45.8% |
| Amounts payable within one year | 42/48 | €60,525 | €32,820 | -€27,705 | -45.8% |
| Financial debts | 43 | - | €100 | +€100 | |
| Credit institutions | 430/8 | - | €100 | +€100 | |
| Trade debts | 44 | €13,023 | €992 | -€12,031 | -92.4% |
| Suppliers | 440/4 | €13,023 | €992 | -€12,031 | -92.4% |
| Taxes, remuneration and social security | 45 | €47,502 | €31,729 | -€15,773 | -33.2% |
| Taxes | 450/3 | €47,502 | €31,729 | -€15,773 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,875 | €12,011 | +€2,136 | +21.6% |
| Other operating charges | 640/8 | €457 | €255 | -€202 | -44.2% |
| Gross operating margin | 9900 | €183,111 | €116,794 | -€66,317 | -36.2% |
| Operating profit (loss) | 9901 | €172,778 | €104,528 | -€68,250 | -39.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -60.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -60.0% |
| Financial charges | 65/66B | €166 | €107 | -€59 | -35.6% |
| Recurring financial charges | 65 | €166 | €107 | -€59 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | €172,612 | €104,421 | -€68,191 | -39.5% |
| Income taxes | 67/77 | €42,897 | €25,048 | -€17,850 | -41.6% |
| Profit (loss) for the period | 9904 | €129,715 | €79,373 | -€50,342 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €129,715 | €79,373 | -€50,342 | -38.8% |
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 6 November 2026 via checked.be.