BAYBARS 1903: 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.
BAYBARS 1903
Largest movements
- Tangible fixed assets -€29,061
down €29,061 (-20.1%), from €144,573 to €115,512
of which Furniture and vehicles: -€21,206
- Cash +€22,341
up €22,341 (+346%), from €6,459 to €28,800
mainly Tax, wage and social debts (+€39,208) and Depreciation (+€32,920)
- Tax, wage and social debts +€39,208
up €39,208 (+292%), from €13,406 to €52,614
of which Taxes: +€34,634
- Debts after one year -€30,732
down €30,732 (-48.8%), from €63,010 to €32,278
- Other debts -€21,618
down €21,618 (-47.9%), from €45,128 to €23,510
- Trade debts +€3,848
up €3,848 (+86.9%), from €4,430 to €8,278
- Current portion of long-term debt +€1,976
up €1,976 (+6.9%), from €28,756 to €30,732
- Gross operating margin +€67,957
up €67,957 (+65.9%), from €103,164 to €171,121
- Staff costs +€41,466
up €41,466 (+74.1%), from €55,991 to €97,457
- Other operating charges +€22,944
up €22,944 (+3,712%), from €618 to €23,562
- Taxes +€6,173
up €6,173 (+506%), from €1,220 to €7,393
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 | €161,672 | €155,405 | -€6,267 | -3.9% |
| Fixed assets | 21/28 | €149,673 | €120,612 | -€29,061 | -19.4% |
| Tangible fixed assets | 22/27 | €144,573 | €115,512 | -€29,061 | -20.1% |
| Land and buildings | 22 | €32,754 | €28,580 | -€4,175 | -12.7% |
| Plant, machinery and equipment | 23 | €30,913 | €27,233 | -€3,680 | -11.9% |
| Furniture and vehicles | 24 | €80,906 | €59,700 | -€21,206 | -26.2% |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €11,999 | €34,793 | +€22,794 | +190% |
| Stocks and contracts in progress | 3 | €2,812 | €3,045 | +€234 | +8.3% |
| Stocks | 30/36 | €2,812 | €3,045 | +€234 | +8.3% |
| Amounts receivable within one year | 40/41 | €1,843 | €2,873 | +€1,030 | +55.9% |
| Other amounts receivable | 41 | €1,843 | €2,873 | +€1,030 | +55.9% |
| Cash at bank and in hand | 54/58 | €6,459 | €28,800 | +€22,341 | +346% |
| Deferred charges and accrued income | 490/1 | €885 | €74 | -€811 | -91.6% |
| Total equity and liabilities | 10/49 | €161,672 | €155,405 | -€6,267 | -3.9% |
| Equity | 10/15 | €6,941 | €7,993 | +€1,052 | +15.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €17,841 | €17,841 | = | 0.0% |
| Distributable reserves | 133 | €17,841 | €17,841 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,400 | -€12,348 | +€1,052 | +7.8% |
| Amounts payable | 17/49 | €154,731 | €147,412 | -€7,318 | -4.7% |
| Amounts payable after more than one year | 17 | €63,010 | €32,278 | -€30,732 | -48.8% |
| Financial debts | 170/4 | €63,010 | €32,278 | -€30,732 | -48.8% |
| Amounts payable within one year | 42/48 | €91,721 | €115,135 | +€23,414 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €28,756 | €30,732 | +€1,976 | +6.9% |
| Trade debts | 44 | €4,430 | €8,278 | +€3,848 | +86.9% |
| Suppliers | 440/4 | €4,430 | €8,278 | +€3,848 | +86.9% |
| Taxes, remuneration and social security | 45 | €13,406 | €52,614 | +€39,208 | +292% |
| Taxes | 450/3 | €4,444 | €39,078 | +€34,634 | +779% |
| Remuneration and social security | 454/9 | €8,963 | €13,537 | +€4,574 | +51.0% |
| Other amounts payable | 47/48 | €45,128 | €23,510 | -€21,618 | -47.9% |
| Non-recurring operating income | 76A | - | €1,023 | +€1,023 | |
| Remuneration, social security and pensions | 62 | €55,991 | €97,457 | +€41,466 | +74.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,484 | €32,920 | +€1,435 | +4.6% |
| Other operating charges | 640/8 | €618 | €23,562 | +€22,944 | +3,712% |
| Gross operating margin | 9900 | €103,164 | €171,121 | +€67,957 | +65.9% |
| Operating profit (loss) | 9901 | €15,071 | €17,182 | +€2,111 | +14.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -97.2% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -97.2% |
| Financial charges | 65/66B | €8,069 | €8,738 | +€669 | +8.3% |
| Recurring financial charges | 65 | €8,069 | €8,738 | +€669 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €7,003 | €8,445 | +€1,442 | +20.6% |
| Income taxes | 67/77 | €1,220 | €7,393 | +€6,173 | +506% |
| Profit (loss) for the period | 9904 | €5,782 | €1,052 | -€4,731 | -81.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,782 | €1,052 | -€4,731 | -81.8% |
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 30 October 2026 via checked.be.