BAUSAC: 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.
BAUSAC
Largest movements
- Tangible fixed assets +€26,495
up €26,495 (+99.4%), from €26,649 to €53,144
of which Furniture and vehicles: +€29,353
- Stocks and contracts +€24,351
up €24,351 (+18.6%), from €130,645 to €154,996
- Receivables within one year +€17,484
up €17,484 (+31.6%), from €55,270 to €72,754
of which Trade receivables: +€17,230
- Trade debts +€56,599
up €56,599 (+494%), from €11,449 to €68,048
- Other debts +€39,447
up €39,447 (+2,191%), from €1,800 to €41,247
- Tax, wage and social debts -€13,510
down €13,510 (-38.8%), from €34,849 to €21,340
of which Taxes: -€15,927
- Reserves -€12,700
down €12,700 (-9.4%), from €135,425 to €122,725
of which Distributable reserves: -€12,700
- Gross operating margin +€21,318
up €21,318 (+26.3%), from €81,033 to €102,351
- Taxes +€4,137
up €4,137 (+30.1%), from €13,732 to €17,869
- Depreciation +€3,961
up €3,961 (+84.6%), from €4,680 to €8,641
- Other operating charges +€2,065
up €2,065 (+210%), from €984 to €3,049
- Staff costs +€2,045
up €2,045 (+6.1%), from €33,492 to €35,537
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 | €362,104 | €432,972 | +€70,868 | +19.6% |
| Fixed assets | 21/28 | €26,649 | €53,144 | +€26,495 | +99.4% |
| Tangible fixed assets | 22/27 | €26,649 | €53,144 | +€26,495 | +99.4% |
| Plant, machinery and equipment | 23 | €10,099 | €7,241 | -€2,858 | -28.3% |
| Furniture and vehicles | 24 | €16,550 | €45,904 | +€29,353 | +177% |
| Current assets | 29/58 | €335,456 | €379,828 | +€44,372 | +13.2% |
| Stocks and contracts in progress | 3 | €130,645 | €154,996 | +€24,351 | +18.6% |
| Stocks | 30/36 | €130,645 | €154,996 | +€24,351 | +18.6% |
| Amounts receivable within one year | 40/41 | €55,270 | €72,754 | +€17,484 | +31.6% |
| Trade receivables | 40 | €55,270 | €72,500 | +€17,230 | +31.2% |
| Other amounts receivable | 41 | - | €254 | +€254 | |
| Cash at bank and in hand | 54/58 | €146,839 | €148,900 | +€2,062 | +1.4% |
| Deferred charges and accrued income | 490/1 | €2,701 | €3,178 | +€477 | +17.6% |
| Total equity and liabilities | 10/49 | €362,104 | €432,972 | +€70,868 | +19.6% |
| Equity | 10/15 | €314,006 | €301,318 | -€12,688 | -4.0% |
| Reserves | 13 | €135,425 | €122,725 | -€12,700 | -9.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,347 | €6,347 | = | 0.0% |
| Distributable reserves | 133 | €127,218 | €114,518 | -€12,700 | -10.0% |
| Profit (loss) carried forward | 14 | €178,581 | €178,593 | +€12 | 0.0% |
| Amounts payable | 17/49 | €48,098 | €131,654 | +€83,556 | +174% |
| Amounts payable within one year | 42/48 | €48,098 | €131,654 | +€83,556 | +174% |
| Financial debts | 43 | - | €1,019 | +€1,019 | |
| Other loans | 439 | - | €1,019 | +€1,019 | |
| Trade debts | 44 | €11,449 | €68,048 | +€56,599 | +494% |
| Suppliers | 440/4 | €11,449 | €68,048 | +€56,599 | +494% |
| Taxes, remuneration and social security | 45 | €34,849 | €21,340 | -€13,510 | -38.8% |
| Taxes | 450/3 | €29,496 | €13,569 | -€15,927 | -54.0% |
| Remuneration and social security | 454/9 | €5,353 | €7,771 | +€2,418 | +45.2% |
| Other amounts payable | 47/48 | €1,800 | €41,247 | +€39,447 | +2,191% |
| Non-recurring operating income | 76A | €2,700 | - | -€2,700 | |
| Remuneration, social security and pensions | 62 | €33,492 | €35,537 | +€2,045 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,680 | €8,641 | +€3,961 | +84.6% |
| Other operating charges | 640/8 | €984 | €3,049 | +€2,065 | +210% |
| Gross operating margin | 9900 | €81,033 | €102,351 | +€21,318 | +26.3% |
| Operating profit (loss) | 9901 | €41,877 | €55,124 | +€13,247 | +31.6% |
| Financial income | 75/76B | €2,570 | €4,133 | +€1,562 | +60.8% |
| Recurring financial income | 75 | €2,570 | €4,133 | +€1,562 | +60.8% |
| Financial charges | 65/66B | €561 | €1,375 | +€815 | +145% |
| Recurring financial charges | 65 | €561 | €1,375 | +€815 | +145% |
| Profit (loss) for the period before taxes | 9903 | €43,887 | €57,881 | +€13,994 | +31.9% |
| Income taxes | 67/77 | €13,732 | €17,869 | +€4,137 | +30.1% |
| Profit (loss) for the period | 9904 | €30,155 | €40,012 | +€9,858 | +32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,155 | €40,012 | +€9,858 | +32.7% |
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 14 October 2026 via checked.be.