BAUTONIC: 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.
BAUTONIC
Largest movements
- Stocks and contracts -€592,042
down €592,042 (-49.3%), from €1.2m to €607,894
- Cash -€43,074
down €43,074 (-79.8%), from €53,974 to €10,900
mainly Debts after one year (-€798,707) and Trade debts (-€9,569)
- Tangible fixed assets -€14,397
down €14,397 (-40.1%), from €35,906 to €21,509
of which Furniture and vehicles: -€13,654
- Debts after one year -€798,707
down €798,707 (-67.8%), from €1.2m to €380,107
- Reserves +€115,000
up €115,000 (+108.0%), from €106,480 to €221,480
- Tax, wage and social debts +€30,528
up €30,528 (+118.7%), from €25,715 to €56,243
of which Remuneration and social security: +€21,287
- Gross operating margin +€217,073
up €217,073, from -€40,511 to €176,562
- Financial charges -€31,530
down €31,530 (-50.7%), from €62,214 to €30,684
- Taxes +€14,873
up €14,873 (+4097.2%), from €363 to €15,236
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 | €1,313,739 | €654,898 | -€658,841 | -50.2% |
| Fixed assets | 21/28 | €35,906 | €21,509 | -€14,397 | -40.1% |
| Tangible fixed assets | 22/27 | €35,906 | €21,509 | -€14,397 | -40.1% |
| Plant, machinery and equipment | 23 | €3,053 | €2,310 | -€743 | -24.3% |
| Furniture and vehicles | 24 | €32,853 | €19,199 | -€13,654 | -41.6% |
| Current assets | 29/58 | €1,277,833 | €633,389 | -€644,444 | -50.4% |
| Stocks and contracts in progress | 3 | €1,199,936 | €607,894 | -€592,042 | -49.3% |
| Stocks | 30/36 | €1,199,936 | €607,894 | -€592,042 | -49.3% |
| Amounts receivable within one year | 40/41 | €21,482 | €12,170 | -€9,312 | -43.3% |
| Trade receivables | 40 | €15,482 | €10,170 | -€5,312 | -34.3% |
| Other amounts receivable | 41 | €6,000 | €2,000 | -€4,000 | -66.7% |
| Cash at bank and in hand | 54/58 | €53,974 | €10,900 | -€43,074 | -79.8% |
| Deferred charges and accrued income | 490/1 | €2,441 | €2,425 | -€16 | -0.7% |
| Total equity and liabilities | 10/49 | €1,313,739 | €654,898 | -€658,841 | -50.2% |
| Equity | 10/15 | €7,106 | €123,300 | +€116,194 | +1635.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €106,480 | €221,480 | +€115,000 | +108.0% |
| Distributable reserves | 133 | €106,480 | €221,480 | +€115,000 | +108.0% |
| Profit (loss) carried forward | 14 | -€117,974 | -€116,780 | +€1,194 | +1.0% |
| Amounts payable | 17/49 | €1,306,633 | €531,598 | -€775,035 | -59.3% |
| Amounts payable after more than one year | 17 | €1,178,814 | €380,107 | -€798,707 | -67.8% |
| Financial debts | 170/4 | €1,178,814 | €380,107 | -€798,707 | -67.8% |
| Amounts payable within one year | 42/48 | €127,819 | €150,195 | +€22,376 | +17.5% |
| Trade debts | 44 | €10,721 | €1,152 | -€9,569 | -89.3% |
| Suppliers | 440/4 | €10,721 | €1,152 | -€9,569 | -89.3% |
| Taxes, remuneration and social security | 45 | €25,715 | €56,243 | +€30,528 | +118.7% |
| Taxes | 450/3 | €3,745 | €12,986 | +€9,241 | +246.8% |
| Remuneration and social security | 454/9 | €21,970 | €43,257 | +€21,287 | +96.9% |
| Other amounts payable | 47/48 | €91,383 | €92,800 | +€1,417 | +1.6% |
| Accrued charges and deferred income | 492/3 | - | €1,296 | +€1,296 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,962 | €14,397 | +€435 | +3.1% |
| Other operating charges | 640/8 | €1,134 | €321 | -€813 | -71.7% |
| Gross operating margin | 9900 | -€40,511 | €176,562 | +€217,073 | |
| Operating profit (loss) | 9901 | -€55,607 | €161,844 | +€217,451 | |
| Financial income | 75/76B | €165 | €270 | +€105 | +63.6% |
| Recurring financial income | 75 | €165 | €270 | +€105 | +63.6% |
| Financial charges | 65/66B | €62,214 | €30,684 | -€31,530 | -50.7% |
| Recurring financial charges | 65 | €62,214 | €30,684 | -€31,530 | -50.7% |
| Profit (loss) for the period before taxes | 9903 | -€117,656 | €131,430 | +€249,086 | |
| Income taxes | 67/77 | €363 | €15,236 | +€14,873 | +4097.2% |
| Profit (loss) for the period | 9904 | -€118,019 | €116,194 | +€234,213 | |
| Profit (loss) for the period to be appropriated | 9905 | -€118,019 | €116,194 | +€234,213 |
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.