La Baita: 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.
La Baita
Largest movements
- Cash +€16,891
up €16,891 (+30.4%), from €55,591 to €72,482
mainly Other debts (+€49,067) and Net result for the year (+€21,352)
- Tangible fixed assets -€9,258
down €9,258 (-24.5%), from €37,855 to €28,597
of which Furniture and vehicles: -€7,494
- Stocks and contracts +€7,000
up €7,000 (+70.0%), from €10,000 to €17,000
- Deferred charges and accrued income +€3,285
up €3,285 (+251.2%), from €1,308 to €4,593
- Receivables after one year -€2,806
no longer reported in 2025 (was €2,806)
- Other debts +€49,067
up €49,067 (+402.1%), from €12,204 to €61,272
- Reserves -€38,277
no longer reported in 2025 (was €38,277)
- Tax, wage and social debts +€19,022
up €19,022 (+136.0%), from €13,989 to €33,011
of which Taxes: +€19,405
- Debts after one year -€10,069
down €10,069 (-79.8%), from €12,619 to €2,550
- Trade debts -€3,278
down €3,278 (-36.1%), from €9,070 to €5,791
- Gross operating margin -€13,270
down €13,270 (-21.4%), from €62,108 to €48,837
- Staff costs -€4,301
down €4,301 (-95.5%), from €4,504 to €202
- Financial income -€1,353
down €1,353 (-97.8%), from €1,383 to €30
- Depreciation +€1,102
up €1,102 (+8.3%), from €13,314 to €14,416
- Taxes -€749
down €749 (-8.1%), from €9,284 to €8,535
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 | €108,174 | €122,693 | +€14,519 | +13.4% |
| Fixed assets | 21/28 | €37,855 | €28,597 | -€9,258 | -24.5% |
| Tangible fixed assets | 22/27 | €37,855 | €28,597 | -€9,258 | -24.5% |
| Land and buildings | 22 | €3,352 | €2,370 | -€982 | -29.3% |
| Plant, machinery and equipment | 23 | €14,811 | €14,028 | -€783 | -5.3% |
| Furniture and vehicles | 24 | €19,692 | €12,198 | -€7,494 | -38.1% |
| Current assets | 29/58 | €70,319 | €94,096 | +€23,777 | +33.8% |
| Amounts receivable after more than one year | 29 | €2,806 | - | -€2,806 | |
| Other amounts receivable | 291 | €2,806 | - | -€2,806 | |
| Stocks and contracts in progress | 3 | €10,000 | €17,000 | +€7,000 | +70.0% |
| Stocks | 30/36 | €10,000 | €17,000 | +€7,000 | +70.0% |
| Amounts receivable within one year | 40/41 | €614 | €21 | -€593 | -96.5% |
| Other amounts receivable | 41 | €614 | €21 | -€593 | -96.5% |
| Cash at bank and in hand | 54/58 | €55,591 | €72,482 | +€16,891 | +30.4% |
| Deferred charges and accrued income | 490/1 | €1,308 | €4,593 | +€3,285 | +251.2% |
| Total equity and liabilities | 10/49 | €108,174 | €122,693 | +€14,519 | +13.4% |
| Equity | 10/15 | €48,277 | €10,000 | -€38,277 | -79.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €38,277 | - | -€38,277 | |
| Distributable reserves | 133 | €38,277 | - | -€38,277 | |
| Amounts payable | 17/49 | €59,897 | €112,693 | +€52,795 | +88.1% |
| Amounts payable after more than one year | 17 | €12,619 | €2,550 | -€10,069 | -79.8% |
| Financial debts | 170/4 | €12,619 | €2,550 | -€10,069 | -79.8% |
| Amounts payable within one year | 42/48 | €47,279 | €110,143 | +€62,864 | +133.0% |
| Current portion of amounts payable after more than one year | 42 | €12,016 | €10,069 | -€1,947 | -16.2% |
| Trade debts | 44 | €9,070 | €5,791 | -€3,278 | -36.1% |
| Suppliers | 440/4 | €9,070 | €5,791 | -€3,278 | -36.1% |
| Taxes, remuneration and social security | 45 | €13,989 | €33,011 | +€19,022 | +136.0% |
| Taxes | 450/3 | €13,607 | €33,011 | +€19,405 | +142.6% |
| Remuneration and social security | 454/9 | €382 | - | -€382 | |
| Other amounts payable | 47/48 | €12,204 | €61,272 | +€49,067 | +402.1% |
| Remuneration, social security and pensions | 62 | €4,504 | €202 | -€4,301 | -95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,314 | €14,416 | +€1,102 | +8.3% |
| Other operating charges | 640/8 | €2,424 | €2,263 | -€161 | -6.7% |
| Gross operating margin | 9900 | €62,108 | €48,837 | -€13,270 | -21.4% |
| Operating profit (loss) | 9901 | €41,866 | €31,956 | -€9,910 | -23.7% |
| Financial income | 75/76B | €1,383 | €30 | -€1,353 | -97.8% |
| Recurring financial income | 75 | €1,383 | €30 | -€1,353 | -97.8% |
| Financial charges | 65/66B | €2,539 | €2,099 | -€440 | -17.3% |
| Recurring financial charges | 65 | €2,539 | €2,099 | -€440 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €40,710 | €29,887 | -€10,823 | -26.6% |
| Income taxes | 67/77 | €9,284 | €8,535 | -€749 | -8.1% |
| Profit (loss) for the period | 9904 | €31,426 | €21,352 | -€10,073 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,426 | €21,352 | -€10,073 | -32.1% |
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 9 October 2026 via checked.be.