BAYARD-TRADING: what changed
BAYARD-TRADING
Largest movements
- Tangible fixed assets -€5,696
down €5,696 (-4.4%), from €129,815 to €124,119
of which Land and buildings: -€4,160
- Cash +€1,755
up €1,755 (+38.2%), from €4,598 to €6,354
mainly Depreciation (+€5,696) and Net result for the year (+€3,957)
- Profit (loss) carried forward +€3,957
up €3,957 (+19.6%), from €20,168 to €24,125
- Debts after one year -€3,822
down €3,822 (-18.9%), from €20,263 to €16,441
- Other debts -€1,785
down €1,785 (-4.3%), from €41,696 to €39,910
- Current portion of long-term debt -€1,673
down €1,673 (-28.2%), from €5,939 to €4,266
- Accrued charges and deferred income -€1,577
down €1,577 (-31.2%), from €5,049 to €3,472
- Taxes -€9,650
down €9,650 (-92.6%), from €10,426 to €776
- Gross operating margin +€3,085
up €3,085 (+27.8%), from €11,118 to €14,203
- Financial charges -€463
down €463 (-36.3%), from €1,275 to €812
- Other operating charges -€404
down €404 (-12.0%), from €3,374 to €2,970
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,650 | €130,710 | -€3,940 | -2.9% |
| Fixed assets | 21/28 | €130,052 | €124,356 | -€5,696 | -4.4% |
| Tangible fixed assets | 22/27 | €129,815 | €124,119 | -€5,696 | -4.4% |
| Land and buildings | 22 | €126,690 | €122,529 | -€4,160 | -3.3% |
| Plant, machinery and equipment | 23 | €3,126 | €1,590 | -€1,536 | -49.1% |
| Financial fixed assets | 28 | €237 | €237 | = | 0.0% |
| Current assets | 29/58 | €4,598 | €6,354 | +€1,755 | +38.2% |
| Cash at bank and in hand | 54/58 | €4,598 | €6,354 | +€1,755 | +38.2% |
| Total equity and liabilities | 10/49 | €134,650 | €130,710 | -€3,940 | -2.9% |
| Equity | 10/15 | €59,468 | €63,425 | +€3,957 | +6.7% |
| Contributions | 10/11 | €37,000 | €37,000 | = | 0.0% |
| Reserves | 13 | €2,300 | €2,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,300 | €2,300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,300 | €2,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,168 | €24,125 | +€3,957 | +19.6% |
| Amounts payable | 17/49 | €75,182 | €67,285 | -€7,897 | -10.5% |
| Amounts payable after more than one year | 17 | €20,263 | €16,441 | -€3,822 | -18.9% |
| Financial debts | 170/4 | €20,263 | €16,441 | -€3,822 | -18.9% |
| Amounts payable within one year | 42/48 | €49,870 | €47,372 | -€2,498 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €5,939 | €4,266 | -€1,673 | -28.2% |
| Trade debts | 44 | €1,941 | €2,440 | +€499 | +25.7% |
| Suppliers | 440/4 | €1,941 | €2,440 | +€499 | +25.7% |
| Taxes, remuneration and social security | 45 | €294 | €756 | +€462 | +157% |
| Taxes | 450/3 | €294 | €756 | +€462 | +157% |
| Other amounts payable | 47/48 | €41,696 | €39,910 | -€1,785 | -4.3% |
| Accrued charges and deferred income | 492/3 | €5,049 | €3,472 | -€1,577 | -31.2% |
| Non-recurring operating income | 76A | €474 | - | -€474 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,696 | €5,696 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,374 | €2,970 | -€404 | -12.0% |
| Non-recurring operating charges | 66A | €1,040 | - | -€1,040 | |
| Gross operating margin | 9900 | €11,118 | €14,203 | +€3,085 | +27.8% |
| Operating profit (loss) | 9901 | €1,008 | €5,538 | +€4,529 | +449% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €1,275 | €812 | -€463 | -36.3% |
| Recurring financial charges | 65 | €1,275 | €812 | -€463 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | -€266 | €4,733 | +€4,999 | |
| Income taxes | 67/77 | €10,426 | €776 | -€9,650 | -92.6% |
| Profit (loss) for the period | 9904 | -€10,693 | €3,957 | +€14,649 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,693 | €3,957 | +€14,649 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.