Den Bahty: 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.
Den Bahty
Largest movements
- Receivables within one year +€5,864
up €5,864 (+82.4%), from €7,118 to €12,982
of which Trade receivables: +€7,279
- Deferred charges and accrued income -€2,791
down €2,791 (-96.4%), from €2,895 to €103
- Cash -€1,546
down €1,546 (-19.1%), from €8,099 to €6,553
mainly Receivables within one year (-€5,864) and Other debts (-€5,000)
- Other debts -€5,000
down €5,000 (-100.0%), from €5,000 to €0
- Reserves +€4,828
up €4,828 (+47.5%), from €10,157 to €14,985
- Tax, wage and social debts +€1,464
up €1,464 (+82.3%), from €1,778 to €3,242
- Trade debts +€203
up €203 (+16.8%), from €1,209 to €1,412
- Depreciation -€255
down €255 (-88.6%), from €288 to €33
- Gross operating margin -€254
down €254 (-3.1%), from €8,233 to €7,978
- Other operating charges +€183
up €183 (+29.3%), from €625 to €808
- Financial charges +€132
up €132 (+80.6%), from €163 to €295
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 | €18,144 | €19,638 | +€1,494 | +8.2% |
| Fixed assets | 21/28 | €33 | €0 | -€33 | -100.0% |
| Tangible fixed assets | 22/27 | €33 | €0 | -€33 | -100.0% |
| Furniture and vehicles | 24 | €33 | €0 | -€33 | -100.0% |
| Current assets | 29/58 | €18,111 | €19,638 | +€1,527 | +8.4% |
| Amounts receivable within one year | 40/41 | €7,118 | €12,982 | +€5,864 | +82.4% |
| Trade receivables | 40 | €1,524 | €8,803 | +€7,279 | +477.6% |
| Other amounts receivable | 41 | €5,594 | €4,179 | -€1,414 | -25.3% |
| Cash at bank and in hand | 54/58 | €8,099 | €6,553 | -€1,546 | -19.1% |
| Deferred charges and accrued income | 490/1 | €2,895 | €103 | -€2,791 | -96.4% |
| Total equity and liabilities | 10/49 | €18,144 | €19,638 | +€1,494 | +8.2% |
| Equity | 10/15 | €10,157 | €14,985 | +€4,828 | +47.5% |
| Reserves | 13 | €10,157 | €14,985 | +€4,828 | +47.5% |
| Distributable reserves | 133 | €10,157 | €14,985 | +€4,828 | +47.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €7,987 | €4,653 | -€3,334 | -41.7% |
| Amounts payable within one year | 42/48 | €7,987 | €4,653 | -€3,334 | -41.7% |
| Trade debts | 44 | €1,209 | €1,412 | +€203 | +16.8% |
| Suppliers | 440/4 | €1,209 | €1,412 | +€203 | +16.8% |
| Taxes, remuneration and social security | 45 | €1,778 | €3,242 | +€1,464 | +82.3% |
| Taxes | 450/3 | €1,778 | €3,242 | +€1,464 | +82.3% |
| Other amounts payable | 47/48 | €5,000 | €0 | -€5,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288 | €33 | -€255 | -88.6% |
| Other operating charges | 640/8 | €625 | €808 | +€183 | +29.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €8,233 | €7,978 | -€254 | -3.1% |
| Operating profit (loss) | 9901 | €7,320 | €7,138 | -€182 | -2.5% |
| Financial income | 75/76B | €272 | €227 | -€45 | -16.4% |
| Recurring financial income | 75 | €272 | €227 | -€45 | -16.4% |
| Financial charges | 65/66B | €163 | €295 | +€132 | +80.6% |
| Recurring financial charges | 65 | €163 | €295 | +€132 | +80.6% |
| Profit (loss) for the period before taxes | 9903 | €7,429 | €7,070 | -€359 | -4.8% |
| Income taxes | 67/77 | €2,308 | €2,242 | -€66 | -2.9% |
| Profit (loss) for the period | 9904 | €5,121 | €4,828 | -€293 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,121 | €4,828 | -€293 | -5.7% |
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 8 October 2026 via checked.be.