BAUMICO: what changed
Two fiscal 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.
BAUMICO
Largest movements
- Cash -€102,486
down €102,486 (-51.7%), from €198,351 to €95,865
mainly Contributions, distributions and other (-€437,007) and Current investments (-€45,872)
- Current investments +€45,872
up €45,872 (+30.0%), from €152,985 to €198,858
- Receivables within one year -€33,349
down €33,349 (-23.7%), from €140,818 to €107,470
of which Trade receivables: -€30,419
- Tangible fixed assets -€12,231
down €12,231 (-85.7%), from €14,267 to €2,036
of which Furniture and vehicles: -€9,444
- Reserves -€320,692
down €320,692 (-91.5%), from €350,584 to €29,891
- Other debts +€229,130
up €229,130 (+176.2%), from €130,020 to €359,150
- Current portion of long-term debt -€8,803
no longer reported in 2025 (was €8,803)
- Gross operating margin -€85,642
down €85,642 (-34.5%), from €248,330 to €162,688
- Taxes -€15,113
down €15,113 (-27.6%), from €54,708 to €39,595
- Depreciation -€4,760
down €4,760 (-28.0%), from €16,991 to €12,231
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.
Cash bridge derived
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 | €508,538 | €406,133 | -€102,405 | -20.1% |
| Fixed assets | 21/28 | €14,267 | €2,036 | -€12,231 | -85.7% |
| Tangible fixed assets | 22/27 | €14,267 | €2,036 | -€12,231 | -85.7% |
| Furniture and vehicles | 24 | €9,444 | - | -€9,444 | |
| Other tangible fixed assets | 26 | €4,824 | €2,036 | -€2,788 | -57.8% |
| Current assets | 29/58 | €494,271 | €404,097 | -€90,174 | -18.2% |
| Amounts receivable within one year | 40/41 | €140,818 | €107,470 | -€33,349 | -23.7% |
| Trade receivables | 40 | €131,914 | €101,495 | -€30,419 | -23.1% |
| Other amounts receivable | 41 | €8,904 | €5,974 | -€2,930 | -32.9% |
| Current investments | 50/53 | €152,985 | €198,858 | +€45,872 | +30.0% |
| Cash at bank and in hand | 54/58 | €198,351 | €95,865 | -€102,486 | -51.7% |
| Deferred charges and accrued income | 490/1 | €2,116 | €1,905 | -€212 | -10.0% |
| Total equity and liabilities | 10/49 | €508,538 | €406,133 | -€102,405 | -20.1% |
| Equity | 10/15 | €355,584 | €34,891 | -€320,692 | -90.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €350,584 | €29,891 | -€320,692 | -91.5% |
| Distributable reserves | 133 | €350,584 | €29,891 | -€320,692 | -91.5% |
| Amounts payable | 17/49 | €152,954 | €371,241 | +€218,287 | +142.7% |
| Amounts payable within one year | 42/48 | €148,940 | €371,241 | +€222,302 | +149.3% |
| Current portion of amounts payable after more than one year | 42 | €8,803 | - | -€8,803 | |
| Trade debts | 44 | €3,707 | €5,960 | +€2,253 | +60.8% |
| Suppliers | 440/4 | €3,707 | €5,960 | +€2,253 | +60.8% |
| Taxes, remuneration and social security | 45 | €6,411 | €6,132 | -€279 | -4.4% |
| Taxes | 450/3 | €6,411 | €2,632 | -€3,779 | -58.9% |
| Remuneration and social security | 454/9 | - | €3,500 | +€3,500 | |
| Other amounts payable | 47/48 | €130,020 | €359,150 | +€229,130 | +176.2% |
| Accrued charges and deferred income | 492/3 | €4,014 | - | -€4,014 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,991 | €12,231 | -€4,760 | -28.0% |
| Other operating charges | 640/8 | €451 | €495 | +€44 | +9.8% |
| Gross operating margin | 9900 | €248,330 | €162,688 | -€85,642 | -34.5% |
| Operating profit (loss) | 9901 | €230,888 | €149,961 | -€80,927 | -35.1% |
| Financial income | 75/76B | €5,991 | €6,298 | +€307 | +5.1% |
| Recurring financial income | 75 | €5,991 | €6,298 | +€307 | +5.1% |
| Financial charges | 65/66B | €262 | €350 | +€88 | +33.6% |
| Recurring financial charges | 65 | €262 | €350 | +€88 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €236,617 | €155,910 | -€80,708 | -34.1% |
| Income taxes | 67/77 | €54,708 | €39,595 | -€15,113 | -27.6% |
| Profit (loss) for the period | 9904 | €181,909 | €116,314 | -€65,595 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €181,909 | €116,314 | -€65,595 | -36.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.