Bavatech: 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.
Bavatech
Largest movements
- Cash +€61,692
up €61,692 (+67.9%), from €90,868 to €152,560
mainly Net result for the year (+€126,104) and Tax, wage and social debts (+€6,360)
- Receivables within one year +€46,846
up €46,846 (+307%), from €15,276 to €62,123
- Current investments +€23,147
up €23,147 (+40.9%), from €56,632 to €79,779
- Reserves +€125,271
up €125,271 (+118%), from €106,000 to €231,271
- Tax, wage and social debts +€6,360
up €6,360 (+11.4%), from €55,970 to €62,330
of which Taxes: +€6,360
- Taxes -€8,443
down €8,443 (-19.5%), from €43,354 to €34,911
- Gross operating margin +€7,386
up €7,386 (+4.9%), from €149,775 to €157,161
- Financial income +€3,935
up €3,935 (+366%), from €1,076 to €5,011
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 | €166,754 | €300,863 | +€134,109 | +80.4% |
| Fixed assets | 21/28 | €3,565 | €3,419 | -€146 | -4.1% |
| Tangible fixed assets | 22/27 | €3,565 | €3,419 | -€146 | -4.1% |
| Furniture and vehicles | 24 | €3,565 | €3,419 | -€146 | -4.1% |
| Current assets | 29/58 | €163,189 | €297,445 | +€134,256 | +82.3% |
| Amounts receivable within one year | 40/41 | €15,276 | €62,123 | +€46,846 | +307% |
| Trade receivables | 40 | €15,276 | €62,123 | +€46,846 | +307% |
| Current investments | 50/53 | €56,632 | €79,779 | +€23,147 | +40.9% |
| Cash at bank and in hand | 54/58 | €90,868 | €152,560 | +€61,692 | +67.9% |
| Deferred charges and accrued income | 490/1 | €413 | €2,982 | +€2,570 | +623% |
| Total equity and liabilities | 10/49 | €166,754 | €300,863 | +€134,109 | +80.4% |
| Equity | 10/15 | €109,000 | €234,271 | +€125,271 | +115% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €106,000 | €231,271 | +€125,271 | +118% |
| Distributable reserves | 133 | €106,000 | €231,271 | +€125,271 | +118% |
| Amounts payable | 17/49 | €57,755 | €66,593 | +€8,838 | +15.3% |
| Amounts payable within one year | 42/48 | €57,623 | €66,593 | +€8,970 | +15.6% |
| Trade debts | 44 | €167 | €1,552 | +€1,385 | +829% |
| Suppliers | 440/4 | €167 | €1,552 | +€1,385 | +829% |
| Taxes, remuneration and social security | 45 | €55,970 | €62,330 | +€6,360 | +11.4% |
| Taxes | 450/3 | €53,695 | €60,055 | +€6,360 | +11.8% |
| Remuneration and social security | 454/9 | €2,275 | €2,275 | = | 0.0% |
| Other amounts payable | 47/48 | €1,486 | €2,711 | +€1,225 | +82.5% |
| Accrued charges and deferred income | 492/3 | €132 | - | -€132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €235 | €808 | +€574 | +245% |
| Other operating charges | 640/8 | €452 | €283 | -€169 | -37.4% |
| Gross operating margin | 9900 | €149,775 | €157,161 | +€7,386 | +4.9% |
| Operating profit (loss) | 9901 | €149,089 | €156,070 | +€6,981 | +4.7% |
| Financial income | 75/76B | €1,076 | €5,011 | +€3,935 | +366% |
| Recurring financial income | 75 | €1,076 | €5,011 | +€3,935 | +366% |
| Financial charges | 65/66B | €11 | €65 | +€55 | +509% |
| Recurring financial charges | 65 | €11 | €65 | +€55 | +509% |
| Profit (loss) for the period before taxes | 9903 | €150,154 | €161,015 | +€10,861 | +7.2% |
| Income taxes | 67/77 | €43,354 | €34,911 | -€8,443 | -19.5% |
| Profit (loss) for the period | 9904 | €106,800 | €126,104 | +€19,304 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €106,800 | €126,104 | +€19,304 | +18.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.