BAUTIM: 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.
BAUTIM
Largest movements
- Current investments +€300,000
new in 2025: €300,000
- Cash +€281,594
up €281,594 (+3,152%), from €8,934 to €290,529
mainly Net result for the year (+€263,921) and Investment in fixed assets (net) (+€230,992)
- Tangible fixed assets -€251,243
down €251,243 (-25.1%), from €1.0m to €750,979
- Receivables within one year -€90,027
down €90,027 (-99.3%), from €90,619 to €591
of which Other amounts receivable: -€89,947
- Debts after one year +€199,762
up €199,762 (+106%), from €188,713 to €388,475
- Profit (loss) carried forward +€143,157
up €143,157 (+25.6%), from €559,978 to €703,135
- Reserves -€99,236
down €99,236 (-100%), from €99,236 to €0
- Gross operating margin -€131,067
down €131,067 (-30.3%), from €433,155 to €302,088
- Taxes -€33,255
down €33,255 (-68.9%), from €48,233 to €14,978
- Other operating charges -€31,947
down €31,947 (-95.2%), from €33,550 to €1,603
- Depreciation +€13,349
up €13,349 (+193%), from €6,902 to €20,251
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 | €1,101,775 | €1,342,098 | +€240,323 | +21.8% |
| Fixed assets | 21/28 | €1,002,222 | €750,979 | -€251,243 | -25.1% |
| Tangible fixed assets | 22/27 | €1,002,222 | €750,979 | -€251,243 | -25.1% |
| Land and buildings | 22 | €1,002,222 | €750,979 | -€251,243 | -25.1% |
| Current assets | 29/58 | €99,553 | €591,120 | +€491,567 | +494% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €90,619 | €591 | -€90,027 | -99.3% |
| Trade receivables | 40 | €160 | €80 | -€80 | -50.0% |
| Other amounts receivable | 41 | €90,459 | €511 | -€89,947 | -99.4% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €8,934 | €290,529 | +€281,594 | +3,152% |
| Total equity and liabilities | 10/49 | €1,101,775 | €1,342,098 | +€240,323 | +21.8% |
| Equity | 10/15 | €679,214 | €723,135 | +€43,921 | +6.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €99,236 | €0 | -€99,236 | -100% |
| Tax-exempt reserves | 132 | €99,236 | €0 | -€99,236 | -100% |
| Profit (loss) carried forward | 14 | €559,978 | €703,135 | +€143,157 | +25.6% |
| Amounts payable | 17/49 | €422,561 | €618,963 | +€196,402 | +46.5% |
| Amounts payable after more than one year | 17 | €188,713 | €388,475 | +€199,762 | +106% |
| Financial debts | 170/4 | €188,713 | €388,475 | +€199,762 | +106% |
| Amounts payable within one year | 42/48 | €233,848 | €230,488 | -€3,360 | -1.4% |
| Trade debts | 44 | €3,034 | €6,489 | +€3,455 | +114% |
| Suppliers | 440/4 | €3,034 | €6,489 | +€3,455 | +114% |
| Taxes, remuneration and social security | 45 | €10,815 | €3,999 | -€6,815 | -63.0% |
| Taxes | 450/3 | €10,815 | €3,999 | -€6,815 | -63.0% |
| Other amounts payable | 47/48 | €220,000 | €220,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,902 | €20,251 | +€13,349 | +193% |
| Other operating charges | 640/8 | €33,550 | €1,603 | -€31,947 | -95.2% |
| Gross operating margin | 9900 | €433,155 | €302,088 | -€131,067 | -30.3% |
| Operating profit (loss) | 9901 | €392,702 | €280,234 | -€112,468 | -28.6% |
| Financial income | 75/76B | €0 | €3,262 | +€3,262 | |
| Recurring financial income | 75 | €0 | €3,262 | +€3,262 | |
| Financial charges | 65/66B | €8,877 | €4,596 | -€4,281 | -48.2% |
| Recurring financial charges | 65 | €8,877 | €4,596 | -€4,281 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | €383,824 | €278,899 | -€104,926 | -27.3% |
| Income taxes | 67/77 | €48,233 | €14,978 | -€33,255 | -68.9% |
| Profit (loss) for the period | 9904 | €335,591 | €263,921 | -€71,670 | -21.4% |
| Transfer from tax-exempt reserves | 789 | €27,064 | €99,236 | +€72,171 | +267% |
| Profit (loss) for the period to be appropriated | 9905 | €362,656 | €363,157 | +€501 | +0.1% |
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 17 October 2026 via checked.be.