ELEVAGE DE LA BAILLE: 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.
ELEVAGE DE LA BAILLE
Largest movements
- Receivables within one year +€36,982
up €36,982 (+30.8%), from €120,146 to €157,128
of which Trade receivables: +€18,818
- Tangible fixed assets +€27,532
up €27,532 (+6.9%), from €400,416 to €427,948
of which Furniture and vehicles: +€39,876
- Profit (loss) carried forward +€52,951
up €52,951 (+35.1%), from -€150,900 to -€97,949
- Trade debts -€14,618
down €14,618 (-17.5%), from €83,348 to €68,729
- Tax, wage and social debts +€6,773
up €6,773 (+65.8%), from €10,289 to €17,062
- Turnover -€276,760
no longer reported in 2025 (was €276,760)
- Purchases and services -€205,842
no longer reported in 2025 (was €205,842)
- Taxes -€9,037
down €9,037 (-88.5%), from €10,207 to €1,170
- Gross operating margin +€6,153
up €6,153 (+7.5%), from €82,179 to €88,332
- Depreciation -€3,065
down €3,065 (-10.0%), from €30,790 to €27,726
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 | €576,049 | €631,560 | +€55,511 | +9.6% |
| Formation expenses | 20 | €10,829 | €10,267 | -€562 | -5.2% |
| Fixed assets | 21/28 | €402,998 | €428,300 | +€25,302 | +6.3% |
| Intangible fixed assets | 21 | €2,402 | €172 | -€2,231 | -92.9% |
| Tangible fixed assets | 22/27 | €400,416 | €427,948 | +€27,532 | +6.9% |
| Land and buildings | 22 | €231,533 | €229,669 | -€1,864 | -0.8% |
| Plant, machinery and equipment | 23 | €9,957 | €10,035 | +€79 | +0.8% |
| Furniture and vehicles | 24 | €1,672 | €41,548 | +€39,876 | +2,384% |
| Other tangible fixed assets | 26 | €157,254 | €146,696 | -€10,558 | -6.7% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €162,221 | €192,993 | +€30,772 | +19.0% |
| Stocks and contracts in progress | 3 | €34,524 | €31,841 | -€2,683 | -7.8% |
| Stocks | 30/36 | €34,524 | €31,841 | -€2,683 | -7.8% |
| Amounts receivable within one year | 40/41 | €120,146 | €157,128 | +€36,982 | +30.8% |
| Trade receivables | 40 | €103,899 | €122,717 | +€18,818 | +18.1% |
| Other amounts receivable | 41 | €16,247 | €34,411 | +€18,164 | +112% |
| Cash at bank and in hand | 54/58 | €7,515 | €4,024 | -€3,491 | -46.4% |
| Deferred charges and accrued income | 490/1 | €36 | - | -€36 | |
| Total equity and liabilities | 10/49 | €576,049 | €631,560 | +€55,511 | +9.6% |
| Equity | 10/15 | -€100,900 | -€47,949 | +€52,951 | +52.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€150,900 | -€97,949 | +€52,951 | +35.1% |
| Amounts payable | 17/49 | €676,949 | €679,509 | +€2,560 | +0.4% |
| Amounts payable after more than one year | 17 | €569,213 | €572,138 | +€2,925 | +0.5% |
| Financial debts | 170/4 | €368,473 | €371,398 | +€2,925 | +0.8% |
| Other amounts payable | 178/9 | €200,740 | €200,740 | = | 0.0% |
| Amounts payable within one year | 42/48 | €107,736 | €105,548 | -€2,188 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €13,647 | €19,757 | +€6,110 | +44.8% |
| Financial debts | 43 | €452 | - | -€452 | |
| Credit institutions | 430/8 | €452 | - | -€452 | |
| Trade debts | 44 | €83,348 | €68,729 | -€14,618 | -17.5% |
| Suppliers | 440/4 | €83,348 | €68,729 | -€14,618 | -17.5% |
| Taxes, remuneration and social security | 45 | €10,289 | €17,062 | +€6,773 | +65.8% |
| Taxes | 450/3 | €10,289 | €17,062 | +€6,773 | +65.8% |
| Accrued charges and deferred income | 492/3 | - | €1,823 | +€1,823 | |
| Turnover | 70 | €276,760 | - | -€276,760 | |
| Non-recurring operating income | 76A | €5,113 | €2,278 | -€2,835 | -55.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €205,842 | - | -€205,842 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,790 | €27,726 | -€3,065 | -10.0% |
| Other operating charges | 640/8 | €806 | €2,030 | +€1,224 | +152% |
| Non-recurring operating charges | 66A | €9,180 | - | -€9,180 | |
| Gross operating margin | 9900 | €82,179 | €88,332 | +€6,153 | +7.5% |
| Operating profit (loss) | 9901 | €41,402 | €58,576 | +€17,174 | +41.5% |
| Financial income | 75/76B | €38 | €53 | +€15 | +39.8% |
| Recurring financial income | 75 | €38 | €53 | +€15 | +39.8% |
| Financial charges | 65/66B | €4,585 | €4,508 | -€77 | -1.7% |
| Recurring financial charges | 65 | €4,585 | €4,508 | -€77 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €36,855 | €54,121 | +€17,266 | +46.8% |
| Income taxes | 67/77 | €10,207 | €1,170 | -€9,037 | -88.5% |
| Profit (loss) for the period | 9904 | €26,649 | €52,951 | +€26,303 | +98.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,649 | €52,951 | +€26,303 | +98.7% |
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.