Baviko: 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.
Baviko
Largest movements
- Receivables within one year -€468,649
down €468,649 (-83.0%), from €564,727 to €96,078
of which Other amounts receivable: -€505,304
- Cash -€108,344
down €108,344 (-86.6%), from €125,133 to €16,789
mainly Contributions, distributions and other (-€621,834) and Other debts (-€6,000)
- Reserves -€609,201
down €609,201 (-87.4%), from €697,377 to €88,176
of which Distributable reserves: -€609,201
- Debts after one year +€19,034
new in 2025: €19,034
- Tax, wage and social debts +€16,847
up €16,847 (+405%), from €4,161 to €21,008
of which Taxes: +€16,993
- Gross operating margin -€714,891
down €714,891 (-99.4%), from €719,187 to €4,296
- Taxes -€161,536
down €161,536 (-97.8%), from €165,153 to €3,617
- Staff costs -€54,299
down €54,299 (-99.2%), from €54,719 to €420
- Depreciation -€7,355
down €7,355 (-90.1%), from €8,160 to €805
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 | €713,738 | €139,598 | -€574,139 | -80.4% |
| Fixed assets | 21/28 | €23,825 | €26,619 | +€2,794 | +11.7% |
| Tangible fixed assets | 22/27 | €23,025 | €25,819 | +€2,794 | +12.1% |
| Land and buildings | 22 | - | €25,698 | +€25,698 | |
| Furniture and vehicles | 24 | €23,025 | €121 | -€22,904 | -99.5% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €689,912 | €112,979 | -€576,933 | -83.6% |
| Amounts receivable within one year | 40/41 | €564,727 | €96,078 | -€468,649 | -83.0% |
| Trade receivables | 40 | €1,520 | €38,175 | +€36,655 | +2,411% |
| Other amounts receivable | 41 | €563,206 | €57,903 | -€505,304 | -89.7% |
| Cash at bank and in hand | 54/58 | €125,133 | €16,789 | -€108,344 | -86.6% |
| Deferred charges and accrued income | 490/1 | €53 | €112 | +€59 | +113% |
| Total equity and liabilities | 10/49 | €713,738 | €139,598 | -€574,139 | -80.4% |
| Equity | 10/15 | €703,577 | €94,376 | -€609,201 | -86.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €697,377 | €88,176 | -€609,201 | -87.4% |
| Non-distributable reserves | 130/1 | €1,768 | €1,768 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,768 | €1,768 | = | 0.0% |
| Distributable reserves | 133 | €695,609 | €86,408 | -€609,201 | -87.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €10,161 | €45,222 | +€35,061 | +345% |
| Amounts payable after more than one year | 17 | - | €19,034 | +€19,034 | |
| Financial debts | 170/4 | - | €19,034 | +€19,034 | |
| Amounts payable within one year | 42/48 | €10,161 | €26,189 | +€16,028 | +158% |
| Current portion of amounts payable after more than one year | 42 | - | €4,949 | +€4,949 | |
| Trade debts | 44 | - | €232 | +€232 | |
| Suppliers | 440/4 | - | €232 | +€232 | |
| Taxes, remuneration and social security | 45 | €4,161 | €21,008 | +€16,847 | +405% |
| Taxes | 450/3 | €3,455 | €20,448 | +€16,993 | +492% |
| Remuneration and social security | 454/9 | €706 | €560 | -€146 | -20.7% |
| Other amounts payable | 47/48 | €6,000 | €0 | -€6,000 | -100% |
| Non-recurring operating income | 76A | €580,859 | €0 | -€580,859 | -100% |
| Remuneration, social security and pensions | 62 | €54,719 | €420 | -€54,299 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,160 | €805 | -€7,355 | -90.1% |
| Other operating charges | 640/8 | €4,029 | €2,456 | -€1,573 | -39.0% |
| Non-recurring operating charges | 66A | €142 | €87 | -€55 | -38.7% |
| Gross operating margin | 9900 | €719,187 | €4,296 | -€714,891 | -99.4% |
| Operating profit (loss) | 9901 | €652,137 | €527 | -€651,610 | -99.9% |
| Financial income | 75/76B | €9,282 | €16,448 | +€7,166 | +77.2% |
| Recurring financial income | 75 | €9,282 | €16,448 | +€7,166 | +77.2% |
| Financial charges | 65/66B | €1,901 | €724 | -€1,177 | -61.9% |
| Recurring financial charges | 65 | €1,901 | €724 | -€1,177 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €659,518 | €16,251 | -€643,267 | -97.5% |
| Income taxes | 67/77 | €165,153 | €3,617 | -€161,536 | -97.8% |
| Profit (loss) for the period | 9904 | €494,365 | €12,633 | -€481,732 | -97.4% |
| Profit (loss) for the period to be appropriated | 9905 | €494,365 | €12,633 | -€481,732 | -97.4% |
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 16 October 2026 via checked.be.