Baveco Services & Catering: 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.
Baveco Services & Catering
Largest movements
- Tangible fixed assets -€88,748
down €88,748 (-5.7%), from €1.6m to €1.5m
of which Land and buildings: -€83,982
- Receivables within one year -€57,306
down €57,306 (-46.5%), from €123,274 to €65,968
of which Trade receivables: -€57,306
- Debts after one year -€125,613
down €125,613 (-9.8%), from €1.3m to €1.2m
- Current portion of long-term debt -€50,161
down €50,161 (-40.3%), from €124,342 to €74,181
- Short-term financial debts +€29,327
up €29,327 (+59.7%), from €49,126 to €78,454
- Gross operating margin -€23,899
down €23,899 (-13.6%), from €176,210 to €152,311
- Taxes +€8,194
up €8,194 (+68.2%), from €12,018 to €20,212
- Depreciation -€2,739
down €2,739 (-3.0%), from €91,487 to €88,748
- Financial charges -€2,735
down €2,735 (-10.5%), from €26,170 to €23,435
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 | €1,682,781 | €1,536,728 | -€146,054 | -8.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,559,507 | €1,470,760 | -€88,748 | -5.7% |
| Tangible fixed assets | 22/27 | €1,559,507 | €1,470,760 | -€88,748 | -5.7% |
| Land and buildings | 22 | €1,545,661 | €1,461,679 | -€83,982 | -5.4% |
| Plant, machinery and equipment | 23 | €13,166 | €8,951 | -€4,215 | -32.0% |
| Furniture and vehicles | 24 | €681 | €130 | -€550 | -80.9% |
| Current assets | 29/58 | €123,274 | €65,968 | -€57,306 | -46.5% |
| Amounts receivable within one year | 40/41 | €123,274 | €65,968 | -€57,306 | -46.5% |
| Trade receivables | 40 | €123,274 | €65,968 | -€57,306 | -46.5% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €1,682,781 | €1,536,728 | -€146,054 | -8.7% |
| Equity | 10/15 | €192,083 | €204,675 | +€12,592 | +6.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €68,881 | €68,881 | = | 0.0% |
| Distributable reserves | 133 | €68,881 | €68,881 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,202 | €115,794 | +€12,592 | +12.2% |
| Amounts payable | 17/49 | €1,490,699 | €1,332,053 | -€158,646 | -10.6% |
| Amounts payable after more than one year | 17 | €1,286,581 | €1,160,968 | -€125,613 | -9.8% |
| Financial debts | 170/4 | €1,286,581 | €1,160,968 | -€125,613 | -9.8% |
| Amounts payable within one year | 42/48 | €204,117 | €171,085 | -€33,033 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €124,342 | €74,181 | -€50,161 | -40.3% |
| Financial debts | 43 | €49,126 | €78,454 | +€29,327 | +59.7% |
| Credit institutions | 430/8 | €49,126 | €78,454 | +€29,327 | +59.7% |
| Trade debts | 44 | €169 | €4,269 | +€4,101 | +2,433% |
| Suppliers | 440/4 | €169 | €4,269 | +€4,101 | +2,433% |
| Taxes, remuneration and social security | 45 | €23,379 | €13,860 | -€9,519 | -40.7% |
| Taxes | 450/3 | €23,379 | €13,860 | -€9,519 | -40.7% |
| Other amounts payable | 47/48 | €7,101 | €321 | -€6,780 | -95.5% |
| Remuneration, social security and pensions | 62 | €960 | €968 | +€7 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,487 | €88,748 | -€2,739 | -3.0% |
| Other operating charges | 640/8 | €6,404 | €6,357 | -€48 | -0.7% |
| Gross operating margin | 9900 | €176,210 | €152,311 | -€23,899 | -13.6% |
| Operating profit (loss) | 9901 | €77,359 | €56,239 | -€21,120 | -27.3% |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | €26,170 | €23,435 | -€2,735 | -10.5% |
| Recurring financial charges | 65 | €26,170 | €23,435 | -€2,735 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €51,239 | €32,804 | -€18,435 | -36.0% |
| Income taxes | 67/77 | €12,018 | €20,212 | +€8,194 | +68.2% |
| Profit (loss) for the period | 9904 | €39,220 | €12,592 | -€26,628 | -67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,220 | €12,592 | -€26,628 | -67.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.