BAVARIA GROUP: 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.
BAVARIA GROUP
Largest movements
- Receivables within one year -€12,245
no longer reported in 2025 (was €12,245)
of which Other amounts receivable: -€11,923
- Cash +€2,657
new in 2025: €2,657
mainly Receivables within one year (+€12,245) and Trade debts (+€2,395)
- Profit (loss) carried forward -€10,685
down €10,685 (-81.2%), from -€13,164 to -€23,849
- Trade debts +€2,395
up €2,395 (+17.3%), from €13,855 to €16,250
- Short-term financial debts -€1,846
no longer reported in 2025 (was €1,846)
- Tax, wage and social debts +€416
up €416 (+13.4%), from €3,109 to €3,525
- Gross operating margin -€9,314
down €9,314, from €670 to -€8,644
- Taxes +€1,909
new in 2025: €1,909
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 | €17,995 | €8,407 | -€9,588 | -53.3% |
| Current assets | 29/58 | €17,995 | €8,407 | -€9,588 | -53.3% |
| Stocks and contracts in progress | 3 | €5,750 | €5,750 | = | 0.0% |
| Stocks | 30/36 | €5,750 | €5,750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,245 | - | -€12,245 | |
| Trade receivables | 40 | €321 | - | -€321 | |
| Other amounts receivable | 41 | €11,923 | - | -€11,923 | |
| Cash at bank and in hand | 54/58 | - | €2,657 | +€2,657 | |
| Total equity and liabilities | 10/49 | €17,995 | €8,407 | -€9,588 | -53.3% |
| Equity | 10/15 | -€814 | -€11,499 | -€10,685 | -1,312% |
| Contributions | 10/11 | €12,350 | €12,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,164 | -€23,849 | -€10,685 | -81.2% |
| Amounts payable | 17/49 | €18,809 | €19,906 | +€1,097 | +5.8% |
| Amounts payable within one year | 42/48 | €18,809 | €19,906 | +€1,097 | +5.8% |
| Financial debts | 43 | €1,846 | - | -€1,846 | |
| Credit institutions | 430/8 | €1,846 | - | -€1,846 | |
| Trade debts | 44 | €13,855 | €16,250 | +€2,395 | +17.3% |
| Suppliers | 440/4 | €13,855 | €16,250 | +€2,395 | +17.3% |
| Taxes, remuneration and social security | 45 | €3,109 | €3,525 | +€416 | +13.4% |
| Taxes | 450/3 | €3,109 | €3,525 | +€416 | +13.4% |
| Other amounts payable | 47/48 | - | €131 | +€131 | |
| Gross operating margin | 9900 | €670 | -€8,644 | -€9,314 | |
| Operating profit (loss) | 9901 | €670 | -€8,644 | -€9,314 | |
| Financial charges | 65/66B | €53 | €132 | +€79 | +148% |
| Recurring financial charges | 65 | €53 | €132 | +€79 | +148% |
| Profit (loss) for the period before taxes | 9903 | €617 | -€8,776 | -€9,392 | |
| Income taxes | 67/77 | - | €1,909 | +€1,909 | |
| Profit (loss) for the period | 9904 | €617 | -€10,685 | -€11,302 | |
| Profit (loss) for the period to be appropriated | 9905 | €617 | -€10,685 | -€11,302 |
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 13 October 2026 via checked.be.