Baïku: what changed
Baïku
Largest movements
- Receivables within one year +€174,020
up €174,020 (+108%), from €161,761 to €335,781
of which Trade receivables: +€183,173
- Stocks and contracts +€58,517
up €58,517 (+50.2%), from €116,608 to €175,125
- Trade debts +€199,772
up €199,772 (+774%), from €25,818 to €225,591
- Profit (loss) carried forward +€29,166
up €29,166 (+36.8%), from €79,241 to €108,407
- Gross operating margin -€42,771
down €42,771 (-53.0%), from €80,687 to €37,917
- Taxes -€8,623
down €8,623 (-53.9%), from €16,006 to €7,383
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 | €283,871 | €516,407 | +€232,536 | +81.9% |
| Current assets | 29/58 | €283,871 | €516,407 | +€232,536 | +81.9% |
| Stocks and contracts in progress | 3 | €116,608 | €175,125 | +€58,517 | +50.2% |
| Stocks | 30/36 | €116,608 | €175,125 | +€58,517 | +50.2% |
| Amounts receivable within one year | 40/41 | €161,761 | €335,781 | +€174,020 | +108% |
| Trade receivables | 40 | €152,608 | €335,781 | +€183,173 | +120% |
| Other amounts receivable | 41 | €9,153 | - | -€9,153 | |
| Cash at bank and in hand | 54/58 | €5,501 | €5,501 | -€1 | 0.0% |
| Total equity and liabilities | 10/49 | €283,871 | €516,407 | +€232,536 | +81.9% |
| Equity | 10/15 | €89,241 | €118,407 | +€29,166 | +32.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,241 | €108,407 | +€29,166 | +36.8% |
| Amounts payable | 17/49 | €194,629 | €398,000 | +€203,370 | +104% |
| Amounts payable within one year | 42/48 | €194,629 | €398,000 | +€203,370 | +104% |
| Trade debts | 44 | €25,818 | €225,591 | +€199,772 | +774% |
| Suppliers | 440/4 | €25,818 | €225,591 | +€199,772 | +774% |
| Taxes, remuneration and social security | 45 | €16,890 | €18,473 | +€1,583 | +9.4% |
| Taxes | 450/3 | €16,890 | €18,473 | +€1,583 | +9.4% |
| Other amounts payable | 47/48 | €151,921 | €153,936 | +€2,015 | +1.3% |
| Other operating charges | 640/8 | €407 | €832 | +€426 | +105% |
| Gross operating margin | 9900 | €80,687 | €37,917 | -€42,771 | -53.0% |
| Operating profit (loss) | 9901 | €80,280 | €37,084 | -€43,196 | -53.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €570 | €535 | -€35 | -6.2% |
| Recurring financial charges | 65 | €570 | €535 | -€35 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €79,710 | €36,549 | -€43,161 | -54.1% |
| Income taxes | 67/77 | €16,006 | €7,383 | -€8,623 | -53.9% |
| Profit (loss) for the period | 9904 | €63,704 | €29,166 | -€34,538 | -54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €63,704 | €29,166 | -€34,538 | -54.2% |
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 6 November 2026 via checked.be.