BAYET: 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.
BAYET
Largest movements
- Cash -€6,030
down €6,030 (-34.7%), from €17,370 to €11,341
mainly Net result for the year (-€23,801) and Receivables within one year (-€3,124)
- Tangible fixed assets -€5,582
down €5,582 (-23.7%), from €23,591 to €18,009
of which Other tangible fixed assets: -€4,262
- Receivables within one year +€3,124
up €3,124 (+13.9%), from €22,541 to €25,665
of which Other amounts receivable: +€3,954
- Profit (loss) carried forward -€23,801
down €23,801 (-573.5%), from -€4,150 to -€27,950
- Advances received +€13,208
new in 2025: €13,208
- Trade debts +€2,285
up €2,285 (+7.5%), from €30,404 to €32,689
- Gross operating margin -€13,856
down €13,856 (-351.2%), from -€3,945 to -€17,801
- Depreciation -€4,777
down €4,777 (-46.1%), from €10,359 to €5,582
- Taxes -€973
no longer reported in 2025 (was €973)
- Financial income -€444
down €444 (-53.7%), from €826 to €382
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.
Cash bridge derived
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 | €75,818 | €67,404 | -€8,414 | -11.1% |
| Fixed assets | 21/28 | €28,475 | €22,892 | -€5,582 | -19.6% |
| Tangible fixed assets | 22/27 | €23,591 | €18,009 | -€5,582 | -23.7% |
| Plant, machinery and equipment | 23 | €1,320 | - | -€1,320 | |
| Other tangible fixed assets | 26 | €22,271 | €18,009 | -€4,262 | -19.1% |
| Financial fixed assets | 28 | €4,883 | €4,883 | = | 0.0% |
| Current assets | 29/58 | €47,343 | €44,512 | -€2,831 | -6.0% |
| Stocks and contracts in progress | 3 | €6,502 | €6,502 | = | 0.0% |
| Stocks | 30/36 | €6,502 | €6,502 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,541 | €25,665 | +€3,124 | +13.9% |
| Trade receivables | 40 | €22,498 | €21,668 | -€830 | -3.7% |
| Other amounts receivable | 41 | €43 | €3,997 | +€3,954 | +9139.2% |
| Cash at bank and in hand | 54/58 | €17,370 | €11,341 | -€6,030 | -34.7% |
| Deferred charges and accrued income | 490/1 | €929 | €1,004 | +€75 | +8.1% |
| Total equity and liabilities | 10/49 | €75,818 | €67,404 | -€8,414 | -11.1% |
| Equity | 10/15 | €34,893 | €11,093 | -€23,801 | -68.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €20,451 | €20,451 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,150 | -€27,950 | -€23,801 | -573.5% |
| Amounts payable | 17/49 | €40,924 | €56,311 | +€15,387 | +37.6% |
| Amounts payable within one year | 42/48 | €40,924 | €56,311 | +€15,387 | +37.6% |
| Trade debts | 44 | €30,404 | €32,689 | +€2,285 | +7.5% |
| Suppliers | 440/4 | €30,404 | €32,689 | +€2,285 | +7.5% |
| Advances received on contracts in progress | 46 | - | €13,208 | +€13,208 | |
| Taxes, remuneration and social security | 45 | €520 | €415 | -€106 | -20.3% |
| Taxes | 450/3 | €520 | €415 | -€106 | -20.3% |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,359 | €5,582 | -€4,777 | -46.1% |
| Other operating charges | 640/8 | €511 | €669 | +€158 | +30.9% |
| Gross operating margin | 9900 | -€3,945 | -€17,801 | -€13,856 | -351.2% |
| Operating profit (loss) | 9901 | -€14,816 | -€24,052 | -€9,237 | -62.3% |
| Financial income | 75/76B | €826 | €382 | -€444 | -53.7% |
| Recurring financial income | 75 | €826 | €382 | -€444 | -53.7% |
| Financial charges | 65/66B | €158 | €131 | -€27 | -17.4% |
| Recurring financial charges | 65 | €158 | €131 | -€27 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,147 | -€23,801 | -€9,653 | -68.2% |
| Income taxes | 67/77 | €973 | - | -€973 | |
| Profit (loss) for the period | 9904 | -€15,120 | -€23,801 | -€8,681 | -57.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,120 | -€23,801 | -€8,681 | -57.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.