IL BACIO: 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.
IL BACIO
Largest movements
- Cash +€25,025
up €25,025 (+87.4%), from €28,620 to €53,646
mainly Net result for the year (+€29,242) and Tax, wage and social debts (+€18,833)
- Tangible fixed assets -€7,171
down €7,171 (-33.8%), from €21,233 to €14,062
of which Leasing and similar rights: -€4,000
- Receivables within one year +€7,062
up €7,062 (+15.4%), from €45,791 to €52,853
of which Other amounts receivable: +€7,062
- Profit (loss) carried forward +€29,242
up €29,242 (+80.9%), from €36,144 to €65,386
- Tax, wage and social debts +€18,833
up €18,833 (+1133.5%), from €1,662 to €20,494
of which Taxes: +€13,469
- Accrued charges and deferred income -€15,000
no longer reported in 2024 (was €15,000)
- Debts after one year -€5,888
down €5,888 (-54.8%), from €10,738 to €4,850
- Trade debts -€3,716
down €3,716 (-79.0%), from €4,704 to €988
- Purchases and services -€248,326
no longer reported in 2024 (was €248,326)
- Gross operating margin +€34,642
up €34,642 (+53.8%), from €64,421 to €99,062
- Other operating charges +€17,104
up €17,104 (+633.6%), from €2,700 to €19,804
- Taxes +€9,938
up €9,938 (+563.8%), from €1,763 to €11,701
- Depreciation -€2,669
down €2,669 (-27.1%), from €9,840 to €7,171
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.
Cash bridge derived
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 | €101,185 | €125,357 | +€24,172 | +23.9% |
| Fixed assets | 21/28 | €22,308 | €15,137 | -€7,171 | -32.1% |
| Tangible fixed assets | 22/27 | €21,233 | €14,062 | -€7,171 | -33.8% |
| Plant, machinery and equipment | 23 | €2,545 | €723 | -€1,822 | -71.6% |
| Furniture and vehicles | 24 | €4,050 | €2,701 | -€1,349 | -33.3% |
| Leasing and similar rights | 25 | €14,638 | €10,638 | -€4,000 | -27.3% |
| Financial fixed assets | 28 | €1,075 | €1,075 | = | 0.0% |
| Current assets | 29/58 | €78,877 | €110,220 | +€31,343 | +39.7% |
| Stocks and contracts in progress | 3 | €3,466 | €3,720 | +€255 | +7.3% |
| Stocks | 30/36 | €3,466 | €3,720 | +€255 | +7.3% |
| Amounts receivable within one year | 40/41 | €45,791 | €52,853 | +€7,062 | +15.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €45,791 | €52,853 | +€7,062 | +15.4% |
| Cash at bank and in hand | 54/58 | €28,620 | €53,646 | +€25,025 | +87.4% |
| Deferred charges and accrued income | 490/1 | €999 | - | -€999 | |
| Total equity and liabilities | 10/49 | €101,185 | €125,357 | +€24,172 | +23.9% |
| Equity | 10/15 | €64,371 | €93,614 | +€29,242 | +45.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,028 | €22,028 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €20,168 | €20,168 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,144 | €65,386 | +€29,242 | +80.9% |
| Amounts payable | 17/49 | €36,814 | €31,743 | -€5,071 | -13.8% |
| Amounts payable after more than one year | 17 | €10,738 | €4,850 | -€5,888 | -54.8% |
| Financial debts | 170/4 | €10,738 | €4,850 | -€5,888 | -54.8% |
| Amounts payable within one year | 42/48 | €11,076 | €26,893 | +€15,817 | +142.8% |
| Current portion of amounts payable after more than one year | 42 | €4,710 | €5,411 | +€701 | +14.9% |
| Trade debts | 44 | €4,704 | €988 | -€3,716 | -79.0% |
| Suppliers | 440/4 | €4,704 | €988 | -€3,716 | -79.0% |
| Taxes, remuneration and social security | 45 | €1,662 | €20,494 | +€18,833 | +1133.5% |
| Taxes | 450/3 | €358 | €13,826 | +€13,469 | +3763.9% |
| Remuneration and social security | 454/9 | €1,304 | €6,668 | +€5,364 | +411.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €15,000 | - | -€15,000 | |
| Non-recurring operating income | 76A | €33,694 | - | -€33,694 | |
| Goods, raw materials, services and sundry goods | 60/61 | €248,326 | - | -€248,326 | |
| Remuneration, social security and pensions | 62 | €27,495 | €27,483 | -€12 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,840 | €7,171 | -€2,669 | -27.1% |
| Other operating charges | 640/8 | €2,700 | €19,804 | +€17,104 | +633.6% |
| Non-recurring operating charges | 66A | €15,000 | - | -€15,000 | |
| Gross operating margin | 9900 | €64,421 | €99,062 | +€34,642 | +53.8% |
| Operating profit (loss) | 9901 | €9,386 | €44,604 | +€35,218 | +375.2% |
| Financial income | 75/76B | €554 | €124 | -€430 | -77.6% |
| Recurring financial income | 75 | €554 | €124 | -€430 | -77.6% |
| Financial charges | 65/66B | €4,492 | €3,785 | -€707 | -15.7% |
| Recurring financial charges | 65 | €4,492 | €3,785 | -€707 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €5,449 | €40,943 | +€35,494 | +651.4% |
| Income taxes | 67/77 | €1,763 | €11,701 | +€9,938 | +563.8% |
| Profit (loss) for the period | 9904 | €3,686 | €29,242 | +€25,556 | +693.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,686 | €29,242 | +€25,556 | +693.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.