Les Baux: 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.
Les Baux
Largest movements
- Cash +€5,934
up €5,934 (+29.5%), from €20,142 to €26,077
mainly Current portion of long-term debt (+€15,000) and Trade debts (+€4,467)
- Stocks and contracts +€2,769
up €2,769 (+6.6%), from €42,066 to €44,835
- Tangible fixed assets -€1,899
down €1,899 (-100%), from €1,899 to €0
- Debts after one year -€15,000
down €15,000 (-100%), from €15,000 to €0
- Current portion of long-term debt +€15,000
new in 2025: €15,000
- Trade debts +€4,467
up €4,467 (+752%), from €594 to €5,061
- Profit (loss) carried forward +€2,493
up €2,493 (+11.2%), from -€22,308 to -€19,815
- Gross operating margin -€9,691
down €9,691 (-70.0%), from €13,838 to €4,147
- Depreciation -€5,697
down €5,697 (-75.0%), from €7,597 to €1,899
- Other operating charges +€293
up €293 (+58.0%), from €505 to €799
- Financial income -€188
down €188 (-14.0%), from €1,340 to €1,153
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 | €65,068 | €71,547 | +€6,479 | +10.0% |
| Fixed assets | 21/28 | €1,899 | €0 | -€1,899 | -100% |
| Tangible fixed assets | 22/27 | €1,899 | €0 | -€1,899 | -100% |
| Other tangible fixed assets | 26 | €1,899 | €0 | -€1,899 | -100% |
| Current assets | 29/58 | €63,169 | €71,547 | +€8,378 | +13.3% |
| Stocks and contracts in progress | 3 | €42,066 | €44,835 | +€2,769 | +6.6% |
| Stocks | 30/36 | €42,066 | €44,835 | +€2,769 | +6.6% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €20,142 | €26,077 | +€5,934 | +29.5% |
| Deferred charges and accrued income | 490/1 | €961 | €635 | -€325 | -33.9% |
| Total equity and liabilities | 10/49 | €65,068 | €71,547 | +€6,479 | +10.0% |
| Equity | 10/15 | €46,292 | €48,785 | +€2,493 | +5.4% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,308 | -€19,815 | +€2,493 | +11.2% |
| Amounts payable | 17/49 | €18,776 | €22,762 | +€3,986 | +21.2% |
| Amounts payable after more than one year | 17 | €15,000 | €0 | -€15,000 | -100% |
| Financial debts | 170/4 | €15,000 | €0 | -€15,000 | -100% |
| Amounts payable within one year | 42/48 | €3,776 | €22,762 | +€18,986 | +503% |
| Current portion of amounts payable after more than one year | 42 | - | €15,000 | +€15,000 | |
| Trade debts | 44 | €594 | €5,061 | +€4,467 | +752% |
| Suppliers | 440/4 | €594 | €5,061 | +€4,467 | +752% |
| Taxes, remuneration and social security | 45 | €1,597 | €1,012 | -€585 | -36.6% |
| Taxes | 450/3 | €1,597 | €1,012 | -€585 | -36.6% |
| Other amounts payable | 47/48 | €1,586 | €1,690 | +€104 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,597 | €1,899 | -€5,697 | -75.0% |
| Other operating charges | 640/8 | €505 | €799 | +€293 | +58.0% |
| Gross operating margin | 9900 | €13,838 | €4,147 | -€9,691 | -70.0% |
| Operating profit (loss) | 9901 | €5,736 | €1,450 | -€4,287 | -74.7% |
| Financial income | 75/76B | €1,340 | €1,153 | -€188 | -14.0% |
| Recurring financial income | 75 | €1,340 | €1,153 | -€188 | -14.0% |
| Financial charges | 65/66B | €12 | €109 | +€98 | +822% |
| Recurring financial charges | 65 | €12 | €109 | +€98 | +822% |
| Profit (loss) for the period before taxes | 9903 | €7,065 | €2,493 | -€4,572 | -64.7% |
| Profit (loss) for the period | 9904 | €7,065 | €2,493 | -€4,572 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,065 | €2,493 | -€4,572 | -64.7% |
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 23 October 2026 via checked.be.