BAUVEZ SERVICES: 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.
BAUVEZ SERVICES
Largest movements
- Tangible fixed assets -€6,419
down €6,419 (-29.6%), from €21,660 to €15,242
of which Leasing and similar rights: -€8,560
- Receivables within one year +€4,381
up €4,381 (+2.8%), from €155,915 to €160,296
of which Other amounts receivable: +€9,887
- Trade debts -€22,377
down €22,377 (-17.5%), from €127,760 to €105,383
- Profit (loss) carried forward +€15,206
up €15,206 (+131%), from €11,568 to €26,774
- Accrued charges and deferred income +€12,227
up €12,227, from €0 to €12,227
- Current portion of long-term debt -€6,603
down €6,603 (-71.0%), from €9,294 to €2,691
- Tax, wage and social debts +€3,464
up €3,464 (+42.4%), from €8,174 to €11,638
of which Taxes: +€4,818
- Gross operating margin -€63,076
down €63,076 (-17.3%), from €363,904 to €300,829
- Staff costs -€51,872
down €51,872 (-16.6%), from €312,243 to €260,371
- Other operating charges -€22,728
down €22,728 (-67.4%), from €33,730 to €11,002
- Depreciation -€4,735
down €4,735 (-28.9%), from €16,359 to €11,624
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 | €227,657 | €226,884 | -€773 | -0.3% |
| Fixed assets | 21/28 | €21,910 | €15,492 | -€6,419 | -29.3% |
| Tangible fixed assets | 22/27 | €21,660 | €15,242 | -€6,419 | -29.6% |
| Land and buildings | 22 | €1,567 | €1,279 | -€288 | -18.4% |
| Plant, machinery and equipment | 23 | €6,647 | €8,646 | +€1,999 | +30.1% |
| Furniture and vehicles | 24 | €1,246 | €1,677 | +€431 | +34.6% |
| Leasing and similar rights | 25 | €12,201 | €3,640 | -€8,560 | -70.2% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €205,746 | €211,392 | +€5,646 | +2.7% |
| Amounts receivable within one year | 40/41 | €155,915 | €160,296 | +€4,381 | +2.8% |
| Trade receivables | 40 | €68,127 | €62,620 | -€5,506 | -8.1% |
| Other amounts receivable | 41 | €87,788 | €97,675 | +€9,887 | +11.3% |
| Cash at bank and in hand | 54/58 | €35,997 | €36,727 | +€730 | +2.0% |
| Deferred charges and accrued income | 490/1 | €13,834 | €14,370 | +€535 | +3.9% |
| Total equity and liabilities | 10/49 | €227,657 | €226,884 | -€773 | -0.3% |
| Equity | 10/15 | €79,739 | €94,945 | +€15,206 | +19.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,568 | €26,774 | +€15,206 | +131% |
| Amounts payable | 17/49 | €147,918 | €131,939 | -€15,979 | -10.8% |
| Amounts payable after more than one year | 17 | €2,691 | €0 | -€2,691 | -100% |
| Financial debts | 170/4 | €2,691 | €0 | -€2,691 | -100% |
| Amounts payable within one year | 42/48 | €145,227 | €119,712 | -€25,515 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €9,294 | €2,691 | -€6,603 | -71.0% |
| Trade debts | 44 | €127,760 | €105,383 | -€22,377 | -17.5% |
| Suppliers | 440/4 | €127,760 | €105,383 | -€22,377 | -17.5% |
| Taxes, remuneration and social security | 45 | €8,174 | €11,638 | +€3,464 | +42.4% |
| Taxes | 450/3 | €930 | €5,748 | +€4,818 | +518% |
| Remuneration and social security | 454/9 | €7,244 | €5,891 | -€1,354 | -18.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | €12,227 | +€12,227 | |
| Remuneration, social security and pensions | 62 | €312,243 | €260,371 | -€51,872 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,359 | €11,624 | -€4,735 | -28.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €346 | -€157 | -€502 | |
| Other operating charges | 640/8 | €33,730 | €11,002 | -€22,728 | -67.4% |
| Non-recurring operating charges | 66A | €3,446 | €232 | -€3,214 | -93.3% |
| Gross operating margin | 9900 | €363,904 | €300,829 | -€63,076 | -17.3% |
| Operating profit (loss) | 9901 | -€2,220 | €17,756 | +€19,976 | |
| Financial income | 75/76B | €1,418 | €827 | -€590 | -41.7% |
| Recurring financial income | 75 | €1,418 | €827 | -€590 | -41.7% |
| Financial charges | 65/66B | €6,311 | €3,377 | -€2,933 | -46.5% |
| Recurring financial charges | 65 | €6,311 | €3,377 | -€2,933 | -46.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,113 | €15,206 | +€22,319 | |
| Profit (loss) for the period | 9904 | -€7,113 | €15,206 | +€22,319 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,113 | €15,206 | +€22,319 |
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 19 October 2026 via checked.be.