Bavritux: 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.
Bavritux
Largest movements
- Cash +€54,772
up €54,772 (+44.7%), from €122,446 to €177,218
mainly Net result for the year (+€61,031) and Tax, wage and social debts (+€13,149)
- Receivables within one year +€13,480
up €13,480 (+93.2%), from €14,464 to €27,944
of which Trade receivables: +€12,972
- Tangible fixed assets +€2,152
up €2,152 (+84.8%), from €2,538 to €4,689
of which Other tangible fixed assets: +€2,759
- Profit (loss) carried forward +€61,031
up €61,031 (+58.7%), from €103,945 to €164,976
- Tax, wage and social debts +€13,149
up €13,149 (+51.5%), from €25,530 to €38,679
of which Taxes: +€14,044
- Gross operating margin +€14,451
up €14,451 (+21.5%), from €67,061 to €81,512
- Taxes +€2,229
up €2,229 (+16.1%), from €13,804 to €16,033
- Financial charges +€1,318
up €1,318 (+76.2%), from €1,730 to €3,048
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 | €139,447 | €211,687 | +€72,240 | +51.8% |
| Fixed assets | 21/28 | €2,538 | €4,689 | +€2,152 | +84.8% |
| Tangible fixed assets | 22/27 | €2,538 | €4,689 | +€2,152 | +84.8% |
| Plant, machinery and equipment | 23 | €444 | €10 | -€435 | -97.8% |
| Furniture and vehicles | 24 | €410 | €237 | -€173 | -42.2% |
| Other tangible fixed assets | 26 | €1,683 | €4,443 | +€2,759 | +164% |
| Current assets | 29/58 | €136,910 | €206,998 | +€70,089 | +51.2% |
| Amounts receivable within one year | 40/41 | €14,464 | €27,944 | +€13,480 | +93.2% |
| Trade receivables | 40 | €14,464 | €27,436 | +€12,972 | +89.7% |
| Other amounts receivable | 41 | - | €508 | +€508 | |
| Cash at bank and in hand | 54/58 | €122,446 | €177,218 | +€54,772 | +44.7% |
| Deferred charges and accrued income | 490/1 | - | €1,836 | +€1,836 | |
| Total equity and liabilities | 10/49 | €139,447 | €211,687 | +€72,240 | +51.8% |
| Equity | 10/15 | €106,945 | €167,976 | +€61,031 | +57.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,945 | €164,976 | +€61,031 | +58.7% |
| Amounts payable | 17/49 | €32,502 | €43,711 | +€11,209 | +34.5% |
| Amounts payable within one year | 42/48 | €32,138 | €43,396 | +€11,258 | +35.0% |
| Trade debts | 44 | €4,773 | €4,717 | -€57 | -1.2% |
| Suppliers | 440/4 | €4,773 | €4,717 | -€57 | -1.2% |
| Taxes, remuneration and social security | 45 | €25,530 | €38,679 | +€13,149 | +51.5% |
| Taxes | 450/3 | €23,396 | €37,440 | +€14,044 | +60.0% |
| Remuneration and social security | 454/9 | €2,134 | €1,239 | -€894 | -41.9% |
| Other amounts payable | 47/48 | €1,835 | - | -€1,835 | |
| Accrued charges and deferred income | 492/3 | €364 | €315 | -€49 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €801 | €1,336 | +€536 | +66.9% |
| Other operating charges | 640/8 | €132 | €63 | -€69 | -52.0% |
| Gross operating margin | 9900 | €67,061 | €81,512 | +€14,451 | +21.5% |
| Operating profit (loss) | 9901 | €66,128 | €80,112 | +€13,984 | +21.1% |
| Financial charges | 65/66B | €1,730 | €3,048 | +€1,318 | +76.2% |
| Recurring financial charges | 65 | €1,730 | €3,048 | +€1,318 | +76.2% |
| Profit (loss) for the period before taxes | 9903 | €64,398 | €77,064 | +€12,667 | +19.7% |
| Income taxes | 67/77 | €13,804 | €16,033 | +€2,229 | +16.1% |
| Profit (loss) for the period | 9904 | €50,593 | €61,031 | +€10,438 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €50,593 | €61,031 | +€10,438 | +20.6% |
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 18 October 2026 via checked.be.