D'Aux Bâtis: 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.
D'Aux Bâtis
Largest movements
- Tangible fixed assets +€330,385
up €330,385 (+28.2%), from €1.2m to €1.5m
of which Leasing and similar rights: +€181,239
- Receivables within one year -€265,709
down €265,709 (-59.3%), from €447,786 to €182,078
of which Trade receivables: -€271,668
- Intangible fixed assets +€193,916
up €193,916 (+33.3%), from €581,461 to €775,377
- Stocks and contracts +€144,498
up €144,498 (+786%), from €18,378 to €162,876
- Cash +€137,214
up €137,214 (+209%), from €65,692 to €202,906
mainly Debts after one year (+€414,532) and Depreciation (+€381,643)
- Debts after one year +€414,532
up €414,532 (+40.4%), from €1.0m to €1.4m
- Trade debts +€121,108
up €121,108 (+44.4%), from €273,032 to €394,141
- Other debts -€113,749
down €113,749 (-55.0%), from €206,874 to €93,125
- Reserves +€86,866
up €86,866 (+18.7%), from €464,584 to €551,450
of which Distributable reserves: +€94,000
- Current portion of long-term debt +€32,906
up €32,906 (+17.0%), from €194,094 to €227,000
- Gross operating margin +€196,622
up €196,622 (+41.2%), from €477,005 to €673,627
- Depreciation +€118,862
up €118,862 (+45.2%), from €262,780 to €381,643
- Staff costs +€41,403
up €41,403 (+604%), from €6,858 to €48,261
- Provisions +€30,000
new in 2025: €30,000
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 | €2,297,270 | €2,839,145 | +€541,875 | +23.6% |
| Fixed assets | 21/28 | €1,763,969 | €2,288,270 | +€524,301 | +29.7% |
| Intangible fixed assets | 21 | €581,461 | €775,377 | +€193,916 | +33.3% |
| Tangible fixed assets | 22/27 | €1,173,374 | €1,503,759 | +€330,385 | +28.2% |
| Land and buildings | 22 | €358,088 | €491,942 | +€133,854 | +37.4% |
| Plant, machinery and equipment | 23 | €407,912 | €435,916 | +€28,004 | +6.9% |
| Furniture and vehicles | 24 | €337,323 | €324,612 | -€12,711 | -3.8% |
| Leasing and similar rights | 25 | €70,050 | €251,289 | +€181,239 | +259% |
| Financial fixed assets | 28 | €9,135 | €9,135 | = | 0.0% |
| Current assets | 29/58 | €533,300 | €550,875 | +€17,575 | +3.3% |
| Stocks and contracts in progress | 3 | €18,378 | €162,876 | +€144,498 | +786% |
| Stocks | 30/36 | €18,378 | €162,876 | +€144,498 | +786% |
| Amounts receivable within one year | 40/41 | €447,786 | €182,078 | -€265,709 | -59.3% |
| Trade receivables | 40 | €446,844 | €175,176 | -€271,668 | -60.8% |
| Other amounts receivable | 41 | €943 | €6,902 | +€5,959 | +632% |
| Cash at bank and in hand | 54/58 | €65,692 | €202,906 | +€137,214 | +209% |
| Deferred charges and accrued income | 490/1 | €1,444 | €3,016 | +€1,571 | +109% |
| Total equity and liabilities | 10/49 | €2,297,270 | €2,839,145 | +€541,875 | +23.6% |
| Equity | 10/15 | €504,266 | €589,136 | +€84,870 | +16.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €464,584 | €551,450 | +€86,866 | +18.7% |
| Tax-exempt reserves | 132 | €48,724 | €41,590 | -€7,134 | -14.6% |
| Distributable reserves | 133 | €415,860 | €509,860 | +€94,000 | +22.6% |
| Profit (loss) carried forward | 14 | €11,014 | €11,107 | +€93 | +0.8% |
| Investment grants | 15 | €10,069 | €7,979 | -€2,090 | -20.8% |
| Provisions and deferred taxes | 16 | €16,241 | €43,863 | +€27,622 | +170% |
| Provisions for liabilities and charges | 160/5 | - | €30,000 | +€30,000 | |
| Major repairs and maintenance | 162 | - | €30,000 | +€30,000 | |
| Deferred taxes | 168 | €16,241 | €13,863 | -€2,378 | -14.6% |
| Amounts payable | 17/49 | €1,776,762 | €2,206,146 | +€429,384 | +24.2% |
| Amounts payable after more than one year | 17 | €1,025,449 | €1,439,981 | +€414,532 | +40.4% |
| Financial debts | 170/4 | €1,025,449 | €1,439,981 | +€414,532 | +40.4% |
| Amounts payable within one year | 42/48 | €729,528 | €748,379 | +€18,851 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €194,094 | €227,000 | +€32,906 | +17.0% |
| Trade debts | 44 | €273,032 | €394,141 | +€121,108 | +44.4% |
| Suppliers | 440/4 | €273,032 | €394,141 | +€121,108 | +44.4% |
| Taxes, remuneration and social security | 45 | €55,528 | €34,113 | -€21,415 | -38.6% |
| Taxes | 450/3 | €53,955 | €30,435 | -€23,520 | -43.6% |
| Remuneration and social security | 454/9 | €1,573 | €3,678 | +€2,105 | +134% |
| Other amounts payable | 47/48 | €206,874 | €93,125 | -€113,749 | -55.0% |
| Accrued charges and deferred income | 492/3 | €21,785 | €17,786 | -€3,999 | -18.4% |
| Remuneration, social security and pensions | 62 | €6,858 | €48,261 | +€41,403 | +604% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262,780 | €381,643 | +€118,862 | +45.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €30,000 | +€30,000 | |
| Other operating charges | 640/8 | €4,670 | €8,703 | +€4,033 | +86.4% |
| Gross operating margin | 9900 | €477,005 | €673,627 | +€196,622 | +41.2% |
| Operating profit (loss) | 9901 | €202,697 | €205,021 | +€2,324 | +1.1% |
| Financial income | 75/76B | €2,713 | €2,111 | -€602 | -22.2% |
| Recurring financial income | 75 | €2,713 | €2,111 | -€602 | -22.2% |
| Financial charges | 65/66B | €34,499 | €37,845 | +€3,345 | +9.7% |
| Recurring financial charges | 65 | €34,499 | €37,845 | +€3,345 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €170,911 | €169,288 | -€1,624 | -1.0% |
| Transfer from deferred taxes | 780 | €1,903 | €2,378 | +€475 | +25.0% |
| Transfer to deferred taxes | 680 | €6,350 | - | -€6,350 | |
| Income taxes | 67/77 | €48,281 | €49,706 | +€1,424 | +3.0% |
| Profit (loss) for the period | 9904 | €118,183 | €121,960 | +€3,777 | +3.2% |
| Transfer from tax-exempt reserves | 789 | €5,709 | €7,134 | +€1,425 | +25.0% |
| Transfer to tax-exempt reserves | 689 | €19,050 | - | -€19,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €104,842 | €129,093 | +€24,252 | +23.1% |
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 29 October 2026 via checked.be.