BAUWENS & Co: what changed
BAUWENS & Co
Largest movements
- Receivables within one year +€31,052
up €31,052 (+52.3%), from €59,340 to €90,391
of which Other amounts receivable: +€15,541
- Tangible fixed assets -€22,612
down €22,612 (-39.6%), from €57,080 to €34,467
of which Furniture and vehicles: -€14,574
- Cash +€9,375
up €9,375 (+39.6%), from €23,664 to €33,038
mainly Net result for the year (+€41,235) and Depreciation (+€22,612)
- Stocks and contracts -€5,144
down €5,144 (-32.1%), from €16,014 to €10,870
- Deferred charges and accrued income +€3,293
up €3,293 (+24.6%), from €13,401 to €16,694
- Profit (loss) carried forward +€41,235
up €41,235 (+82.2%), from -€50,164 to -€8,929
- Debts after one year -€12,756
down €12,756 (-41.4%), from €30,785 to €18,029
- Current portion of long-term debt -€8,399
down €8,399 (-19.5%), from €43,135 to €34,736
- Trade debts -€2,517
down €2,517 (-2.6%), from €97,449 to €94,932
- Tax, wage and social debts -€1,867
down €1,867 (-24.7%), from €7,557 to €5,691
of which Taxes: -€2,045
- Staff costs -€68,871
down €68,871 (-28.8%), from €239,126 to €170,256
- Gross operating margin -€25,858
down €25,858 (-9.7%), from €267,579 to €241,721
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €169,974 | €185,802 | +€15,828 | +9.3% |
| Fixed assets | 21/28 | €57,556 | €34,809 | -€22,747 | -39.5% |
| Tangible fixed assets | 22/27 | €57,080 | €34,467 | -€22,612 | -39.6% |
| Land and buildings | 22 | €8,294 | €1,504 | -€6,790 | -81.9% |
| Plant, machinery and equipment | 23 | €4,955 | €3,707 | -€1,248 | -25.2% |
| Furniture and vehicles | 24 | €43,831 | €29,257 | -€14,574 | -33.3% |
| Financial fixed assets | 28 | €476 | €341 | -€135 | -28.4% |
| Current assets | 29/58 | €112,418 | €150,994 | +€38,576 | +34.3% |
| Stocks and contracts in progress | 3 | €16,014 | €10,870 | -€5,144 | -32.1% |
| Stocks | 30/36 | €16,014 | €10,870 | -€5,144 | -32.1% |
| Amounts receivable within one year | 40/41 | €59,340 | €90,391 | +€31,052 | +52.3% |
| Trade receivables | 40 | €45,495 | €61,006 | +€15,511 | +34.1% |
| Other amounts receivable | 41 | €13,844 | €29,385 | +€15,541 | +112% |
| Cash at bank and in hand | 54/58 | €23,664 | €33,038 | +€9,375 | +39.6% |
| Deferred charges and accrued income | 490/1 | €13,401 | €16,694 | +€3,293 | +24.6% |
| Total equity and liabilities | 10/49 | €169,974 | €185,802 | +€15,828 | +9.3% |
| Equity | 10/15 | -€9,171 | €32,063 | +€41,235 | |
| Contributions | 10/11 | €21,815 | €21,815 | = | 0.0% |
| Revaluation surpluses | 12 | €12,800 | €12,800 | = | 0.0% |
| Reserves | 13 | €6,378 | €6,378 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,378 | €6,378 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,164 | -€8,929 | +€41,235 | +82.2% |
| Amounts payable | 17/49 | €179,145 | €153,739 | -€25,406 | -14.2% |
| Amounts payable after more than one year | 17 | €30,785 | €18,029 | -€12,756 | -41.4% |
| Financial debts | 170/4 | €30,785 | €18,029 | -€12,756 | -41.4% |
| Amounts payable within one year | 42/48 | €148,360 | €135,490 | -€12,871 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €43,135 | €34,736 | -€8,399 | -19.5% |
| Trade debts | 44 | €97,449 | €94,932 | -€2,517 | -2.6% |
| Suppliers | 440/4 | €97,449 | €94,932 | -€2,517 | -2.6% |
| Taxes, remuneration and social security | 45 | €7,557 | €5,691 | -€1,867 | -24.7% |
| Taxes | 450/3 | €2,594 | €549 | -€2,045 | -78.8% |
| Remuneration and social security | 454/9 | €4,963 | €5,142 | +€179 | +3.6% |
| Other amounts payable | 47/48 | €219 | €131 | -€88 | -40.2% |
| Accrued charges and deferred income | 492/3 | - | €220 | +€220 | |
| Remuneration, social security and pensions | 62 | €239,126 | €170,256 | -€68,871 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,692 | €22,612 | -€2,079 | -8.4% |
| Other operating charges | 640/8 | €2,871 | €2,601 | -€270 | -9.4% |
| Non-recurring operating charges | 66A | €667 | - | -€667 | |
| Gross operating margin | 9900 | €267,579 | €241,721 | -€25,858 | -9.7% |
| Operating profit (loss) | 9901 | €223 | €46,252 | +€46,029 | +20,631% |
| Financial income | 75/76B | €54 | €231 | +€177 | +325% |
| Recurring financial income | 75 | €54 | €231 | +€177 | +325% |
| Financial charges | 65/66B | €4,437 | €4,700 | +€263 | +5.9% |
| Recurring financial charges | 65 | €4,437 | €4,700 | +€263 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,160 | €41,784 | +€45,943 | |
| Income taxes | 67/77 | €172 | €549 | +€377 | +218% |
| Profit (loss) for the period | 9904 | -€4,332 | €41,235 | +€45,567 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,332 | €41,235 | +€45,567 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.