Le Bailliage: what changed
Le Bailliage
Largest movements
- Cash +€131,688
up €131,688 (+85.5%), from €154,003 to €285,691
mainly Receivables within one year (+€93,009) and Accrued charges and deferred income (+€57,265)
- Receivables within one year -€93,009
down €93,009 (-44.7%), from €208,156 to €115,147
of which Other amounts receivable: -€82,329
- Deferred charges and accrued income -€12,490
down €12,490 (-68.1%), from €18,337 to €5,847
- Tangible fixed assets -€10,134
down €10,134 (-1.9%), from €530,767 to €520,633
of which Land and buildings: -€12,362
- Accrued charges and deferred income +€57,265
up €57,265 (+492%), from €11,638 to €68,903
- Debts within one year -€35,671
down €35,671 (-7.7%), from €461,947 to €426,276
of which Trade debts: -€21,936
- Debts after one year -€19,909
down €19,909 (-5.1%), from €390,954 to €371,045
- Profit (loss) carried forward +€17,570
up €17,570 (+42.0%), from €41,870 to €59,440
- Gross operating margin +€64,269
up €64,269 (+7.6%), from €850,569 to €914,838
- Staff costs +€38,136
up €38,136 (+4.7%), from €816,700 to €854,836
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €915,409 | €931,491 | +€16,082 | +1.8% |
| Fixed assets | 21/28 | €534,913 | €524,806 | -€10,107 | -1.9% |
| Tangible fixed assets | 22/27 | €530,767 | €520,633 | -€10,134 | -1.9% |
| Land and buildings | 22 | €406,148 | €393,786 | -€12,362 | -3.0% |
| Plant, machinery and equipment | 23 | €2,845 | €3,365 | +€520 | +18.3% |
| Furniture and vehicles | 24 | €27,329 | €18,290 | -€9,039 | -33.1% |
| Assets under construction and advance payments | 27 | €94,445 | €105,192 | +€10,747 | +11.4% |
| Financial fixed assets | 28 | €4,146 | €4,173 | +€27 | +0.7% |
| Current assets | 29/58 | €380,496 | €406,685 | +€26,189 | +6.9% |
| Amounts receivable within one year | 40/41 | €208,156 | €115,147 | -€93,009 | -44.7% |
| Trade receivables | 40 | €11,716 | €1,036 | -€10,680 | -91.2% |
| Other amounts receivable | 41 | €196,440 | €114,111 | -€82,329 | -41.9% |
| Cash at bank and in hand | 54/58 | €154,003 | €285,691 | +€131,688 | +85.5% |
| Deferred charges and accrued income | 490/1 | €18,337 | €5,847 | -€12,490 | -68.1% |
| Total equity and liabilities | 10/49 | €915,409 | €931,491 | +€16,082 | +1.8% |
| Equity | 10/15 | €50,870 | €65,267 | +€14,397 | +28.3% |
| Profit (loss) carried forward | 14 | €41,870 | €59,440 | +€17,570 | +42.0% |
| Investment grants | 15 | €9,000 | €5,827 | -€3,173 | -35.3% |
| Amounts payable | 17/49 | €864,539 | €866,224 | +€1,685 | +0.2% |
| Amounts payable after more than one year | 17 | €390,954 | €371,045 | -€19,909 | -5.1% |
| Financial debts | 170/4 | €390,954 | €371,045 | -€19,909 | -5.1% |
| Amounts payable within one year | 42/48 | €461,947 | €426,276 | -€35,671 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €19,063 | €19,909 | +€846 | +4.4% |
| Trade debts | 44 | €36,170 | €14,234 | -€21,936 | -60.6% |
| Suppliers | 440/4 | €36,170 | €14,234 | -€21,936 | -60.6% |
| Taxes, remuneration and social security | 45 | €121,067 | €106,486 | -€14,581 | -12.0% |
| Taxes | 450/3 | €19,762 | €18,587 | -€1,175 | -5.9% |
| Remuneration and social security | 454/9 | €101,305 | €87,899 | -€13,406 | -13.2% |
| Accrued charges and deferred income | 492/3 | €11,638 | €68,903 | +€57,265 | +492% |
| Non-recurring operating income | 76A | €1 | €1,762 | +€1,761 | +176,100% |
| Remuneration, social security and pensions | 62 | €816,700 | €854,836 | +€38,136 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,435 | €22,608 | +€173 | +0.8% |
| Other operating charges | 640/8 | €2,240 | €2,095 | -€145 | -6.5% |
| Non-recurring operating charges | 66A | €77 | €441 | +€364 | +473% |
| Gross operating margin | 9900 | €850,569 | €914,838 | +€64,269 | +7.6% |
| Operating profit (loss) | 9901 | €9,117 | €34,858 | +€25,741 | +282% |
| Financial income | 75/76B | €83 | €376 | +€293 | +353% |
| Recurring financial income | 75 | €83 | €376 | +€293 | +353% |
| Financial charges | 65/66B | €18,464 | €17,664 | -€800 | -4.3% |
| Recurring financial charges | 65 | €18,464 | €17,664 | -€800 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,264 | €17,570 | +€26,834 | |
| Profit (loss) for the period | 9904 | -€9,264 | €17,570 | +€26,834 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,264 | €17,570 | +€26,834 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.