BAYIT MANAGEMENT: 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.
BAYIT MANAGEMENT
Largest movements
- Receivables within one year +€122,773
up €122,773 (+83.9%), from €146,338 to €269,111
of which Other amounts receivable: +€121,612
- Tangible fixed assets -€53,667
down €53,667 (-6.1%), from €877,233 to €823,566
of which Land and buildings: -€54,191
- Cash -€24,131
down €24,131 (-99.7%), from €24,208 to €77
mainly Receivables within one year (-€122,773) and Net result for the year (-€33,933)
- Deferred charges and accrued income -€15,684
down €15,684 (-69.7%), from €22,500 to €6,816
- Short-term financial debts +€100,000
new in 2025: €100,000
- Profit (loss) carried forward -€33,933
down €33,933 (-30.3%), from €111,981 to €78,048
- Debts after one year -€22,778
down €22,778 (-7.1%), from €321,167 to €298,389
- Current portion of long-term debt -€19,555
down €19,555 (-46.2%), from €42,333 to €22,778
- Financial income -€217,963
down €217,963 (-98.0%), from €222,339 to €4,376
- Gross operating margin +€89,450
up €89,450, from -€52,221 to €37,229
- Other operating charges -€6,132
down €6,132 (-35.5%), from €17,283 to €11,151
- Financial charges +€3,805
up €3,805 (+60.4%), from €6,296 to €10,101
- Depreciation -€2,057
down €2,057 (-3.7%), from €56,343 to €54,286
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 | €1,073,304 | €1,102,595 | +€29,291 | +2.7% |
| Fixed assets | 21/28 | €880,258 | €826,591 | -€53,667 | -6.1% |
| Tangible fixed assets | 22/27 | €877,233 | €823,566 | -€53,667 | -6.1% |
| Land and buildings | 22 | €877,233 | €823,042 | -€54,191 | -6.2% |
| Plant, machinery and equipment | 23 | - | €524 | +€524 | |
| Financial fixed assets | 28 | €3,025 | €3,025 | = | 0.0% |
| Current assets | 29/58 | €193,046 | €276,004 | +€82,958 | +43.0% |
| Amounts receivable within one year | 40/41 | €146,338 | €269,111 | +€122,773 | +83.9% |
| Trade receivables | 40 | - | €1,161 | +€1,161 | |
| Other amounts receivable | 41 | €146,338 | €267,950 | +€121,612 | +83.1% |
| Cash at bank and in hand | 54/58 | €24,208 | €77 | -€24,131 | -99.7% |
| Deferred charges and accrued income | 490/1 | €22,500 | €6,816 | -€15,684 | -69.7% |
| Total equity and liabilities | 10/49 | €1,073,304 | €1,102,595 | +€29,291 | +2.7% |
| Equity | 10/15 | €694,695 | €660,762 | -€33,933 | -4.9% |
| Contributions | 10/11 | €152,561 | €152,561 | = | 0.0% |
| Capital | 10 | €152,561 | €152,561 | = | 0.0% |
| Issued capital | 100 | €164,961 | €164,961 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €430,153 | €430,153 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,496 | €16,496 | = | 0.0% |
| Legal reserve | 130 | €16,496 | €16,496 | = | 0.0% |
| Tax-exempt reserves | 132 | €34,582 | €34,582 | = | 0.0% |
| Distributable reserves | 133 | €379,075 | €379,075 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,981 | €78,048 | -€33,933 | -30.3% |
| Amounts payable | 17/49 | €378,609 | €441,833 | +€63,224 | +16.7% |
| Amounts payable after more than one year | 17 | €321,167 | €298,389 | -€22,778 | -7.1% |
| Financial debts | 170/4 | €321,167 | €298,389 | -€22,778 | -7.1% |
| Amounts payable within one year | 42/48 | €54,942 | €141,083 | +€86,141 | +157% |
| Current portion of amounts payable after more than one year | 42 | €42,333 | €22,778 | -€19,555 | -46.2% |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €12,609 | €11,000 | -€1,609 | -12.8% |
| Suppliers | 440/4 | €12,609 | €11,000 | -€1,609 | -12.8% |
| Taxes, remuneration and social security | 45 | - | €595 | +€595 | |
| Taxes | 450/3 | - | €595 | +€595 | |
| Other amounts payable | 47/48 | - | €6,710 | +€6,710 | |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,361 | -€139 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,343 | €54,286 | -€2,057 | -3.7% |
| Other operating charges | 640/8 | €17,283 | €11,151 | -€6,132 | -35.5% |
| Gross operating margin | 9900 | -€52,221 | €37,229 | +€89,450 | |
| Operating profit (loss) | 9901 | -€125,847 | -€28,208 | +€97,639 | +77.6% |
| Financial income | 75/76B | €222,339 | €4,376 | -€217,963 | -98.0% |
| Recurring financial income | 75 | €222,339 | €4,376 | -€217,963 | -98.0% |
| Financial charges | 65/66B | €6,296 | €10,101 | +€3,805 | +60.4% |
| Recurring financial charges | 65 | €6,296 | €10,101 | +€3,805 | +60.4% |
| Profit (loss) for the period before taxes | 9903 | €90,196 | -€33,933 | -€124,129 | |
| Profit (loss) for the period | 9904 | €90,196 | -€33,933 | -€124,129 | |
| Profit (loss) for the period to be appropriated | 9905 | €90,196 | -€33,933 | -€124,129 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.