Bauron: 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.
What changed
Bauron
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€825,976
2024 · €46,085+€779,891
Equity
€4.5m
2024 · €3.7m+€825,976
Cash
€23,836
2024 · €3,468+€20,368
Balance sheet total
€5.8m
2024 · €6.3m-€500,816
Largest movements
Assets
- Receivables within one year -€577,766
down €577,766 (-96.5%), from €598,847 to €21,081
Equity and liabilities
- Reserves +€825,976
up €825,976 (+22.8%), from €3.6m to €4.5m
of which Distributable reserves: +€825,976
- Debts after one year -€711,675
down €711,675 (-40.2%), from €1.8m to €1.1m
- Other debts -€485,290
down €485,290 (-84.6%), from €573,407 to €88,117
- Current portion of long-term debt -€67,025
down €67,025 (-29.3%), from €228,701 to €161,675
Income statement
- Turnover -€840,000
no longer reported in 2025 (was €840,000)
- Financial income +€758,023
up €758,023 (+16043.4%), from €4,725 to €762,748
- Services and other goods -€695,874
no longer reported in 2025 (was €695,874)
- Gross operating margin +€158,416
new in 2025: €158,416
- Financial charges -€18,677
down €18,677 (-22.0%), from €84,795 to €66,118
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.
Result 2024
€46,085
Turnover
-€840,000
Services and other goods
+€695,874
Other operating charges
-€31
Other operating items
+€158,416
Financial income
+€758,023
Financial charges
+€18,677
Taxes
-€11,068
Result 2025
€825,976
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.
From operations
+€795,278
Investment
€0
Financing
-€774,910
Cash 2024
€3,468
From operations (derived)
+€795,278
Net result for the year
+€825,976
Receivables after one year
-€54,000
Receivables within one year
+€577,766
Deferred charges and accrued income
-€2,583
Trade debts
-€59,255
Tax, wage and social debts
-€7,672
Other debts
-€485,290
Accrued charges and deferred income
+€336
Financing
-€774,910
Debts after one year
-€711,675
Current portion of long-term debt
-€67,025
Short-term financial debts
+€3,791
Cash 2025
€23,836
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,348,290 | €5,847,474 | -€500,816 | -7.9% |
| Fixed assets | 21/28 | €5,658,749 | €5,658,749 | = | 0.0% |
| Financial fixed assets | 28 | €5,658,749 | €5,658,749 | = | 0.0% |
| Affiliated companies | 280/1 | €5,658,749 | - | -€5.7m | |
| Participating interests | 280 | €5,658,749 | - | -€5.7m | |
| Current assets | 29/58 | €689,541 | €188,725 | -€500,816 | -72.6% |
| Amounts receivable after more than one year | 29 | €0 | €54,000 | +€54,000 | |
| Other amounts receivable | 291 | €0 | €54,000 | +€54,000 | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €598,847 | €21,081 | -€577,766 | -96.5% |
| Other amounts receivable | 41 | €598,847 | €21,081 | -€577,766 | -96.5% |
| Current investments | 50/53 | €85,434 | €85,434 | = | 0.0% |
| Own shares | 50 | €85,434 | - | -€85,434 | |
| Cash at bank and in hand | 54/58 | €3,468 | €23,836 | +€20,368 | +587.3% |
| Deferred charges and accrued income | 490/1 | €1,792 | €4,374 | +€2,583 | +144.1% |
| Total equity and liabilities | 10/49 | €6,348,290 | €5,847,474 | -€500,816 | -7.9% |
| Equity | 10/15 | €3,701,806 | €4,527,783 | +€825,976 | +22.3% |
| Contributions | 10/11 | €71,800 | €71,800 | = | 0.0% |
| Reserves | 13 | €3,630,006 | €4,455,983 | +€825,976 | +22.8% |
| Non-distributable reserves | 130/1 | €85,434 | €85,434 | = | 0.0% |
| Own shares acquired | 1312 | €85,434 | €85,434 | = | 0.0% |
| Distributable reserves | 133 | €3,544,572 | €4,370,548 | +€825,976 | +23.3% |
| Amounts payable | 17/49 | €2,646,484 | €1,319,692 | -€1.3m | -50.1% |
| Amounts payable after more than one year | 17 | €1,771,299 | €1,059,624 | -€711,675 | -40.2% |
| Other amounts payable | 178/9 | €1,771,299 | €1,059,624 | -€711,675 | -40.2% |
| Amounts payable within one year | 42/48 | €875,185 | €259,732 | -€615,453 | -70.3% |
| Current portion of amounts payable after more than one year | 42 | €228,701 | €161,675 | -€67,025 | -29.3% |
| Financial debts | 43 | €0 | €3,791 | +€3,791 | |
| Credit institutions | 430/8 | €0 | €3,791 | +€3,791 | |
| Trade debts | 44 | €65,404 | €6,149 | -€59,255 | -90.6% |
| Suppliers | 440/4 | €65,404 | €6,149 | -€59,255 | -90.6% |
| Taxes, remuneration and social security | 45 | €7,672 | €0 | -€7,672 | -100.0% |
| Taxes | 450/3 | €7,672 | €0 | -€7,672 | -100.0% |
| Other amounts payable | 47/48 | €573,407 | €88,117 | -€485,290 | -84.6% |
| Accrued charges and deferred income | 492/3 | €0 | €336 | +€336 | |
| Operating income | 70/76A | €840,000 | - | -€840,000 | |
| Turnover | 70 | €840,000 | - | -€840,000 | |
| Operating charges | 60/66A | €696,959 | - | -€696,959 | |
| Services and other goods | 61 | €695,874 | - | -€695,874 | |
| Other operating charges | 640/8 | €1,085 | €1,115 | +€31 | +2.9% |
| Gross operating margin | 9900 | - | €158,416 | +€158,416 | |
| Operating profit (loss) | 9901 | €143,041 | €157,300 | +€14,259 | +10.0% |
| Financial income | 75/76B | €4,725 | €762,748 | +€758,023 | +16043.4% |
| Recurring financial income | 75 | €4,725 | €762,748 | +€758,023 | +16043.4% |
| Income from current assets | 751 | €4,725 | - | -€4,725 | |
| Financial charges | 65/66B | €84,795 | €66,118 | -€18,677 | -22.0% |
| Recurring financial charges | 65 | €84,795 | €66,118 | -€18,677 | -22.0% |
| Debt charges | 650 | €83,975 | - | -€83,975 | |
| Other financial charges | 652/9 | €820 | - | -€820 | |
| Profit (loss) for the period before taxes | 9903 | €62,971 | €853,930 | +€790,959 | +1256.1% |
| Income taxes | 67/77 | €16,885 | €27,954 | +€11,068 | +65.6% |
| Taxes | 670/3 | €16,885 | - | -€16,885 | |
| Profit (loss) for the period | 9904 | €46,085 | €825,976 | +€779,891 | +1692.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,085 | €825,976 | +€779,891 | +1692.3% |
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 4 October 2026 via checked.be.