EL BADAOUI: 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.
EL BADAOUI
Largest movements
- Receivables within one year +€35,463
up €35,463 (+51.6%), from €68,719 to €104,183
of which Other amounts receivable: +€55,783
- Cash +€26,095
up €26,095 (+28.7%), from €90,875 to €116,970
mainly Other debts (+€100,000) and Net result for the year (+€53,545)
- Tangible fixed assets -€10,641
down €10,641 (-30.4%), from €35,033 to €24,392
- Other debts +€100,000
up €100,000 (+7,176%), from €1,394 to €101,394
- Profit (loss) carried forward -€46,455
down €46,455 (-25.1%), from €185,180 to €138,725
- Tax, wage and social debts -€3,872
down €3,872 (-42.5%), from €9,110 to €5,238
of which Taxes: -€3,872
- Gross operating margin -€5,699
down €5,699 (-6.3%), from €91,011 to €85,312
- Taxes -€3,449
down €3,449 (-15.6%), from €22,063 to €18,614
- Financial income +€1,429
up €1,429 (+12,371%), from €12 to €1,440
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 | €198,937 | €249,334 | +€50,397 | +25.3% |
| Fixed assets | 21/28 | €38,358 | €26,947 | -€11,411 | -29.7% |
| Intangible fixed assets | 21 | €3,325 | €2,555 | -€770 | -23.2% |
| Tangible fixed assets | 22/27 | €35,033 | €24,392 | -€10,641 | -30.4% |
| Furniture and vehicles | 24 | €35,033 | €24,392 | -€10,641 | -30.4% |
| Current assets | 29/58 | €160,579 | €222,387 | +€61,808 | +38.5% |
| Amounts receivable within one year | 40/41 | €68,719 | €104,183 | +€35,463 | +51.6% |
| Trade receivables | 40 | €68,583 | €48,263 | -€20,319 | -29.6% |
| Other amounts receivable | 41 | €137 | €55,920 | +€55,783 | +40,783% |
| Cash at bank and in hand | 54/58 | €90,875 | €116,970 | +€26,095 | +28.7% |
| Deferred charges and accrued income | 490/1 | €985 | €1,234 | +€249 | +25.3% |
| Total equity and liabilities | 10/49 | €198,937 | €249,334 | +€50,397 | +25.3% |
| Equity | 10/15 | €187,680 | €141,225 | -€46,455 | -24.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,180 | €138,725 | -€46,455 | -25.1% |
| Amounts payable | 17/49 | €11,258 | €108,110 | +€96,852 | +860% |
| Amounts payable within one year | 42/48 | €11,258 | €108,110 | +€96,852 | +860% |
| Trade debts | 44 | €755 | €1,478 | +€724 | +95.9% |
| Suppliers | 440/4 | €755 | €1,478 | +€724 | +95.9% |
| Taxes, remuneration and social security | 45 | €9,110 | €5,238 | -€3,872 | -42.5% |
| Taxes | 450/3 | €7,510 | €3,638 | -€3,872 | -51.6% |
| Remuneration and social security | 454/9 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 47/48 | €1,394 | €101,394 | +€100,000 | +7,176% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,546 | €12,698 | +€152 | +1.2% |
| Other operating charges | 640/8 | €1,098 | €1,705 | +€607 | +55.3% |
| Gross operating margin | 9900 | €91,011 | €85,312 | -€5,699 | -6.3% |
| Operating profit (loss) | 9901 | €77,367 | €70,909 | -€6,458 | -8.3% |
| Financial income | 75/76B | €12 | €1,440 | +€1,429 | +12,371% |
| Recurring financial income | 75 | €12 | €1,440 | +€1,429 | +12,371% |
| Financial charges | 65/66B | €378 | €191 | -€187 | -49.5% |
| Recurring financial charges | 65 | €378 | €191 | -€187 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | €77,001 | €72,159 | -€4,842 | -6.3% |
| Income taxes | 67/77 | €22,063 | €18,614 | -€3,449 | -15.6% |
| Profit (loss) for the period | 9904 | €54,938 | €53,545 | -€1,393 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,938 | €53,545 | -€1,393 | -2.5% |
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 22 October 2026 via checked.be.