BAY RABAT: 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.
BAY RABAT
Largest movements
- Cash +€45,757
up €45,757 (+206%), from €22,165 to €67,922
mainly Net result for the year (+€27,821) and Other debts (+€14,066)
- Profit (loss) carried forward +€27,821
up €27,821 (+372%), from €7,475 to €35,296
- Other debts +€14,066
up €14,066 (+1,037%), from €1,356 to €15,423
- Trade debts +€3,667
up €3,667 (+283%), from €1,295 to €4,963
- Gross operating margin +€26,923
up €26,923 (+941%), from €2,861 to €29,784
- Depreciation -€694
no longer reported in 2025 (was €694)
- Other operating charges +€395
up €395 (+50.3%), from €785 to €1,179
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 | €24,387 | €70,472 | +€46,085 | +189% |
| Fixed assets | 21/28 | €50 | €50 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €24,337 | €70,422 | +€46,085 | +189% |
| Amounts receivable within one year | 40/41 | €1,697 | €2,313 | +€616 | +36.3% |
| Trade receivables | 40 | €1,438 | €2,313 | +€875 | +60.8% |
| Other amounts receivable | 41 | €259 | - | -€259 | |
| Cash at bank and in hand | 54/58 | €22,165 | €67,922 | +€45,757 | +206% |
| Deferred charges and accrued income | 490/1 | €474 | €186 | -€288 | -60.7% |
| Total equity and liabilities | 10/49 | €24,387 | €70,472 | +€46,085 | +189% |
| Equity | 10/15 | €21,735 | €49,556 | +€27,821 | +128% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,475 | €35,296 | +€27,821 | +372% |
| Amounts payable | 17/49 | €2,652 | €20,916 | +€18,264 | +689% |
| Amounts payable within one year | 42/48 | €2,652 | €20,916 | +€18,264 | +689% |
| Trade debts | 44 | €1,295 | €4,963 | +€3,667 | +283% |
| Suppliers | 440/4 | €1,295 | €4,963 | +€3,667 | +283% |
| Taxes, remuneration and social security | 45 | - | €530 | +€530 | |
| Taxes | 450/3 | - | €530 | +€530 | |
| Other amounts payable | 47/48 | €1,356 | €15,423 | +€14,066 | +1,037% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €694 | - | -€694 | |
| Other operating charges | 640/8 | €785 | €1,179 | +€395 | +50.3% |
| Non-recurring operating charges | 66A | - | €200 | +€200 | |
| Gross operating margin | 9900 | €2,861 | €29,784 | +€26,923 | +941% |
| Operating profit (loss) | 9901 | €1,382 | €28,405 | +€27,023 | +1,955% |
| Financial charges | 65/66B | €504 | €583 | +€79 | +15.7% |
| Recurring financial charges | 65 | €504 | €583 | +€79 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €878 | €27,821 | +€26,943 | +3,068% |
| Profit (loss) for the period | 9904 | €878 | €27,821 | +€26,943 | +3,068% |
| Profit (loss) for the period to be appropriated | 9905 | €878 | €27,821 | +€26,943 | +3,068% |
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 19 October 2026 via checked.be.