BAUTIN: 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.
BAUTIN
Largest movements
- Tangible fixed assets -€12,695
down €12,695 (-7.3%), from €174,900 to €162,205
of which Land and buildings: -€12,370
- Reserves -€11,671
down €11,671 (-100.0%), from €11,671 to €0
- Other debts +€11,209
up €11,209 (+11.3%), from €99,572 to €110,781
- Profit (loss) carried forward -€10,423
down €10,423, from €0 to -€10,423
- Gross operating margin -€15,983
down €15,983, from €11,019 to -€4,964
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 | €177,326 | €165,583 | -€11,743 | -6.6% |
| Fixed assets | 21/28 | €174,900 | €162,205 | -€12,695 | -7.3% |
| Tangible fixed assets | 22/27 | €174,900 | €162,205 | -€12,695 | -7.3% |
| Land and buildings | 22 | €174,219 | €161,849 | -€12,370 | -7.1% |
| Plant, machinery and equipment | 23 | €681 | €356 | -€325 | -47.7% |
| Current assets | 29/58 | €2,426 | €3,378 | +€952 | +39.3% |
| Amounts receivable within one year | 40/41 | €981 | €2,119 | +€1,138 | +116.0% |
| Other amounts receivable | 41 | €981 | €2,119 | +€1,138 | +116.0% |
| Cash at bank and in hand | 54/58 | €860 | €642 | -€218 | -25.4% |
| Deferred charges and accrued income | 490/1 | €584 | €617 | +€33 | +5.6% |
| Total equity and liabilities | 10/49 | €177,326 | €165,583 | -€11,743 | -6.6% |
| Equity | 10/15 | €76,372 | €54,278 | -€22,094 | -28.9% |
| Contributions | 10/11 | €64,701 | €64,701 | = | 0.0% |
| Reserves | 13 | €11,671 | €0 | -€11,671 | -100.0% |
| Distributable reserves | 133 | €11,671 | €0 | -€11,671 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | -€10,423 | -€10,423 | |
| Amounts payable | 17/49 | €100,954 | €111,304 | +€10,351 | +10.3% |
| Amounts payable within one year | 42/48 | €100,554 | €111,304 | +€10,750 | +10.7% |
| Financial debts | 43 | €349 | €279 | -€71 | -20.2% |
| Credit institutions | 430/8 | €349 | €279 | -€71 | -20.2% |
| Trade debts | 44 | €48 | €0 | -€48 | -100.0% |
| Suppliers | 440/4 | €48 | €0 | -€48 | -100.0% |
| Taxes, remuneration and social security | 45 | €585 | €245 | -€340 | -58.2% |
| Taxes | 450/3 | €585 | €245 | -€340 | -58.2% |
| Other amounts payable | 47/48 | €99,572 | €110,781 | +€11,209 | +11.3% |
| Accrued charges and deferred income | 492/3 | €399 | €0 | -€399 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,695 | €12,695 | = | 0.0% |
| Other operating charges | 640/8 | €4,097 | €4,031 | -€66 | -1.6% |
| Gross operating margin | 9900 | €11,019 | -€4,964 | -€15,983 | |
| Operating profit (loss) | 9901 | -€5,773 | -€21,690 | -€15,917 | -275.7% |
| Financial income | 75/76B | €1 | €4 | +€3 | +500.0% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +500.0% |
| Financial charges | 65/66B | €163 | €162 | -€1 | -0.7% |
| Recurring financial charges | 65 | €163 | €162 | -€1 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,935 | -€21,848 | -€15,913 | -268.1% |
| Income taxes | 67/77 | €298 | €246 | -€52 | -17.5% |
| Profit (loss) for the period | 9904 | -€6,233 | -€22,094 | -€15,861 | -254.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,233 | -€22,094 | -€15,861 | -254.5% |
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.