DS BAOBAB: 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.
DS BAOBAB
Largest movements
- Stocks and contracts +€26,065
up €26,065 (+120%), from €21,743 to €47,808
- Tangible fixed assets +€2,700
up €2,700 (+9.9%), from €27,200 to €29,900
of which Furniture and vehicles: +€6,400
- Cash -€1,910
down €1,910 (-43.8%), from €4,361 to €2,451
mainly Stocks and contracts (-€26,065) and Investment in fixed assets (net) (-€8,000)
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Profit (loss) carried forward +€7,940
up €7,940 (+17.3%), from €45,887 to €53,827
- Trade debts +€3,821
new in 2024: €3,821
- Tax, wage and social debts +€3,103
up €3,103 (+236%), from €1,313 to €4,416
of which Remuneration and social security: +€3,600
- Depreciation -€7,600
down €7,600 (-58.9%), from €12,900 to €5,300
- Gross operating margin -€6,892
down €6,892 (-32.7%), from €21,091 to €14,199
- Other operating charges +€352
up €352 (+81.0%), from €435 to €787
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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,401 | €80,664 | +€27,264 | +51.1% |
| Fixed assets | 21/28 | €27,200 | €29,900 | +€2,700 | +9.9% |
| Tangible fixed assets | 22/27 | €27,200 | €29,900 | +€2,700 | +9.9% |
| Plant, machinery and equipment | 23 | €27,200 | €23,500 | -€3,700 | -13.6% |
| Furniture and vehicles | 24 | - | €6,400 | +€6,400 | |
| Current assets | 29/58 | €26,201 | €50,764 | +€24,564 | +93.8% |
| Stocks and contracts in progress | 3 | €21,743 | €47,808 | +€26,065 | +120% |
| Stocks | 30/36 | €21,743 | €47,808 | +€26,065 | +120% |
| Amounts receivable within one year | 40/41 | €53 | €505 | +€452 | +858% |
| Trade receivables | 40 | - | €442 | +€442 | |
| Other amounts receivable | 41 | €53 | €63 | +€10 | +19.4% |
| Cash at bank and in hand | 54/58 | €4,361 | €2,451 | -€1,910 | -43.8% |
| Deferred charges and accrued income | 490/1 | €44 | - | -€44 | |
| Total equity and liabilities | 10/49 | €53,401 | €80,664 | +€27,264 | +51.1% |
| Equity | 10/15 | €52,087 | €72,427 | +€20,340 | +39.0% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Capital | 10 | €6,200 | €18,600 | +€12,400 | +200% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Profit (loss) carried forward | 14 | €45,887 | €53,827 | +€7,940 | +17.3% |
| Amounts payable | 17/49 | €1,313 | €8,238 | +€6,924 | +527% |
| Amounts payable within one year | 42/48 | €1,313 | €8,238 | +€6,924 | +527% |
| Trade debts | 44 | - | €3,821 | +€3,821 | |
| Suppliers | 440/4 | - | €3,821 | +€3,821 | |
| Taxes, remuneration and social security | 45 | €1,313 | €4,416 | +€3,103 | +236% |
| Taxes | 450/3 | €1,313 | €816 | -€497 | -37.8% |
| Remuneration and social security | 454/9 | - | €3,600 | +€3,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,900 | €5,300 | -€7,600 | -58.9% |
| Other operating charges | 640/8 | €435 | €787 | +€352 | +81.0% |
| Gross operating margin | 9900 | €21,091 | €14,199 | -€6,892 | -32.7% |
| Operating profit (loss) | 9901 | €7,756 | €8,112 | +€356 | +4.6% |
| Financial charges | 65/66B | - | €173 | +€173 | |
| Recurring financial charges | 65 | - | €173 | +€173 | |
| Profit (loss) for the period before taxes | 9903 | €7,756 | €7,940 | +€183 | +2.4% |
| Profit (loss) for the period | 9904 | €7,756 | €7,940 | +€183 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,756 | €7,940 | +€183 | +2.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.