BAYER PROJECTEN: what changed
Two fiscal 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.
BAYER PROJECTEN
Largest movements
- Receivables within one year +€96,548
up €96,548 (+82.3%), from €117,328 to €213,876
of which Trade receivables: +€77,272
- Stocks and contracts -€46,434
no longer reported in 2024 (was €46,434)
of which Contracts in progress: -€37,934
- Tangible fixed assets -€21,371
down €21,371 (-36.8%), from €58,109 to €36,738
of which Leasing and similar rights: -€12,720
- Tax, wage and social debts +€34,219
up €34,219 (+63.9%), from €53,575 to €87,794
of which Remuneration and social security: +€33,004
- Trade debts +€25,195
up €25,195 (+1007.8%), from €2,500 to €27,695
- Profit (loss) carried forward -€15,565
down €15,565 (-843.4%), from -€1,845 to -€17,410
- Current portion of long-term debt -€6,364
down €6,364 (-62.0%), from €10,261 to €3,897
- Other debts -€5,453
down €5,453 (-3.1%), from €176,231 to €170,778
- Gross operating margin -€19,168
down €19,168 (-10.7%), from €178,692 to €159,524
- Staff costs -€10,525
down €10,525 (-7.1%), from €148,989 to €138,464
- Other operating charges +€4,298
up €4,298 (+84.8%), from €5,069 to €9,367
- Financial charges +€3,356
up €3,356 (+130.2%), from €2,578 to €5,934
- Depreciation -€3,143
down €3,143 (-12.8%), from €24,514 to €21,371
From the 2023 result to the 2024 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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €308,270 | €337,633 | +€29,363 | +9.5% |
| Fixed assets | 21/28 | €143,109 | €121,738 | -€21,371 | -14.9% |
| Tangible fixed assets | 22/27 | €58,109 | €36,738 | -€21,371 | -36.8% |
| Furniture and vehicles | 24 | €9,266 | €614 | -€8,652 | -93.4% |
| Leasing and similar rights | 25 | €48,843 | €36,123 | -€12,720 | -26.0% |
| Financial fixed assets | 28 | €85,000 | €85,000 | = | 0.0% |
| Current assets | 29/58 | €165,161 | €215,895 | +€50,735 | +30.7% |
| Stocks and contracts in progress | 3 | €46,434 | - | -€46,434 | |
| Stocks | 30/36 | €8,500 | - | -€8,500 | |
| Contracts in progress | 37 | €37,934 | - | -€37,934 | |
| Amounts receivable within one year | 40/41 | €117,328 | €213,876 | +€96,548 | +82.3% |
| Trade receivables | 40 | €46,040 | €123,313 | +€77,272 | +167.8% |
| Other amounts receivable | 41 | €71,288 | €90,564 | +€19,276 | +27.0% |
| Deferred charges and accrued income | 490/1 | €1,398 | €2,019 | +€621 | +44.4% |
| Total equity and liabilities | 10/49 | €308,270 | €337,633 | +€29,363 | +9.5% |
| Equity | 10/15 | €155 | -€15,410 | -€15,565 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Share premium | 1100/10 | - | €2,000 | +€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | -€1,845 | -€17,410 | -€15,565 | -843.4% |
| Amounts payable | 17/49 | €308,115 | €353,043 | +€44,928 | +14.6% |
| Amounts payable after more than one year | 17 | €46,603 | €46,603 | = | 0.0% |
| Financial debts | 170/4 | €46,603 | €46,603 | = | 0.0% |
| Amounts payable within one year | 42/48 | €261,513 | €306,441 | +€44,928 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €10,261 | €3,897 | -€6,364 | -62.0% |
| Financial debts | 43 | €18,945 | €16,277 | -€2,669 | -14.1% |
| Credit institutions | 430/8 | €18,945 | €16,277 | -€2,669 | -14.1% |
| Trade debts | 44 | €2,500 | €27,695 | +€25,195 | +1007.8% |
| Suppliers | 440/4 | €2,500 | €27,695 | +€25,195 | +1007.8% |
| Taxes, remuneration and social security | 45 | €53,575 | €87,794 | +€34,219 | +63.9% |
| Taxes | 450/3 | €53,575 | €54,790 | +€1,215 | +2.3% |
| Remuneration and social security | 454/9 | - | €33,004 | +€33,004 | |
| Other amounts payable | 47/48 | €176,231 | €170,778 | -€5,453 | -3.1% |
| Remuneration, social security and pensions | 62 | €148,989 | €138,464 | -€10,525 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,514 | €21,371 | -€3,143 | -12.8% |
| Other operating charges | 640/8 | €5,069 | €9,367 | +€4,298 | +84.8% |
| Gross operating margin | 9900 | €178,692 | €159,524 | -€19,168 | -10.7% |
| Operating profit (loss) | 9901 | €119 | -€9,679 | -€9,799 | |
| Financial income | 75/76B | - | €49 | +€49 | |
| Recurring financial income | 75 | - | €49 | +€49 | |
| Financial charges | 65/66B | €2,578 | €5,934 | +€3,356 | +130.2% |
| Recurring financial charges | 65 | €2,578 | €5,934 | +€3,356 | +130.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,459 | -€15,565 | -€13,106 | -533.0% |
| Profit (loss) for the period | 9904 | -€2,459 | -€15,565 | -€13,106 | -533.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,459 | -€15,565 | -€13,106 | -533.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.