BAUNIM: 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.
BAUNIM
Largest movements
- Cash +€24,945
up €24,945 (+344.8%), from €7,234 to €32,178
mainly Net result for the year (+€164,200) and Current portion of long-term debt (+€2,198)
- Profit (loss) carried forward +€164,200
up €164,200, from -€34,922 to €129,278
- Other debts -€126,319
down €126,319 (-34.7%), from €364,106 to €237,787
- Tax, wage and social debts -€7,968
down €7,968 (-49.5%), from €16,093 to €8,124
- Gross operating margin +€99,986
up €99,986 (+133.3%), from €75,032 to €175,018
- Taxes +€12,280
up €12,280, from -€5,007 to €7,273
- Other operating charges -€8,144
down €8,144 (-74.7%), from €10,908 to €2,764
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 | €364,002 | €395,136 | +€31,134 | +8.6% |
| Fixed assets | 21/28 | €148,672 | €148,873 | +€201 | +0.1% |
| Tangible fixed assets | 22/27 | €192 | €393 | +€201 | +104.5% |
| Furniture and vehicles | 24 | €192 | €393 | +€201 | +104.5% |
| Financial fixed assets | 28 | €148,480 | €148,480 | = | 0.0% |
| Current assets | 29/58 | €215,330 | €246,262 | +€30,932 | +14.4% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,286 | €7,311 | +€3,025 | +70.6% |
| Trade receivables | 40 | €3,425 | €5,088 | +€1,663 | +48.5% |
| Other amounts receivable | 41 | €861 | €2,223 | +€1,362 | +158.2% |
| Cash at bank and in hand | 54/58 | €7,234 | €32,178 | +€24,945 | +344.8% |
| Deferred charges and accrued income | 490/1 | €3,810 | €6,773 | +€2,963 | +77.8% |
| Total equity and liabilities | 10/49 | €364,002 | €395,136 | +€31,134 | +8.6% |
| Equity | 10/15 | -€26,922 | €137,278 | +€164,200 | |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,922 | €129,278 | +€164,200 | |
| Amounts payable | 17/49 | €390,924 | €257,857 | -€133,067 | -34.0% |
| Amounts payable within one year | 42/48 | €390,924 | €257,857 | -€133,067 | -34.0% |
| Current portion of amounts payable after more than one year | 42 | - | €2,198 | +€2,198 | |
| Financial debts | 43 | - | €1,757 | +€1,757 | |
| Credit institutions | 430/8 | - | €1,757 | +€1,757 | |
| Trade debts | 44 | €10,725 | €7,991 | -€2,735 | -25.5% |
| Suppliers | 440/4 | €10,725 | €7,991 | -€2,735 | -25.5% |
| Taxes, remuneration and social security | 45 | €16,093 | €8,124 | -€7,968 | -49.5% |
| Taxes | 450/3 | €16,093 | €8,124 | -€7,968 | -49.5% |
| Other amounts payable | 47/48 | €364,106 | €237,787 | -€126,319 | -34.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96 | €216 | +€119 | +124.3% |
| Other operating charges | 640/8 | €10,908 | €2,764 | -€8,144 | -74.7% |
| Non-recurring operating charges | 66A | €212,580 | €0 | -€212,580 | -100.0% |
| Gross operating margin | 9900 | €75,032 | €175,018 | +€99,986 | +133.3% |
| Operating profit (loss) | 9901 | -€148,552 | €172,039 | +€320,591 | |
| Financial income | 75/76B | €1 | €116 | +€115 | +9587.5% |
| Recurring financial income | 75 | €1 | €116 | +€115 | +9587.5% |
| Financial charges | 65/66B | €111 | €681 | +€571 | +516.0% |
| Recurring financial charges | 65 | €111 | €681 | +€571 | +516.0% |
| Profit (loss) for the period before taxes | 9903 | -€148,662 | €171,473 | +€320,135 | |
| Income taxes | 67/77 | -€5,007 | €7,273 | +€12,280 | |
| Profit (loss) for the period | 9904 | -€143,655 | €164,200 | +€307,855 | |
| Profit (loss) for the period to be appropriated | 9905 | -€143,655 | €164,200 | +€307,855 |
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 3 October 2026 via checked.be.