BASAYEV (0727.709.836): financials and annual accounts

BASAYEV

KBO/BCE: BE 0727.709.836

Line	2025	2024	2023	2021	2020
Balance sheet: assets
Total assets`20/58`	313,294	196,654	207,618	182,983	134,517
Fixed assets`21/28`	134,910	74,275	89,678	66,409	41,060
Tangible fixed assets`22/27`	130,959	72,119	87,522	66,193	41,060
Plant, machinery and equipment`23`	5,452	4,543	6,218	306	-
Furniture and vehicles`24`	125,507	67,576	81,304	65,887	41,060
Financial fixed assets`28`	3,951	2,156	2,156	216	-
Current assets`29/58`	178,384	122,379	117,940	116,574	93,457
Amounts receivable within one year`40/41`	108,587	75,364	54,318	61,038	86,267
Trade receivables`40`	108,587	75,364	54,318	57,743	86,267
Other amounts receivable`41`	-	-	-	3,295	-
Cash at bank and in hand`54/58`	56,280	35,908	52,664	49,890	2,906
Deferred charges and accrued income`490/1`	13,517	11,107	10,958	5,646	4,284
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	313,294	196,654	207,618	182,983	134,517
Equity`10/15`	103,232	33,643	26,031	43,892	22,306
Contributions`10/11`	8,000	8,000	8,000	8,000	8,000
Reserves`13`	40,701	40,701	40,701	35,892	14,306
Distributable reserves`133`	40,701	40,701	40,701	35,892	14,306
Profit (loss) carried forward`14`	54,531	-15,058	-22,670	-	-
Amounts payable`17/49`	210,062	163,011	181,587	139,091	112,211
Amounts payable after more than one year`17`	7,419	14,839	22,260	-	-
Financial debts`170/4`	7,419	14,839	22,260	-	-
Amounts payable within one year`42/48`	202,643	148,172	159,327	139,091	112,211
Current portion of amounts payable after more than one year`42`	7,420	7,420	7,420	-	-
Trade debts`44`	24,846	28,165	32,661	41,099	17,163
Suppliers`440/4`	24,846	28,165	32,661	41,099	17,163
Taxes, remuneration and social security`45`	95,271	38,399	47,537	34,969	28,813
Taxes`450/3`	56,943	7,505	13,002	17,542	15,604
Remuneration and social security`454/9`	38,328	30,894	34,535	17,427	13,209
Other amounts payable`47/48`	75,106	74,188	71,709	63,023	66,235
Income statement
Gross operating margin`9900`	408,677	203,981	239,041	171,755	120,634
Remuneration, social security and pensions`62`	275,960	159,419	222,849	121,813	80,568
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	36,929	34,344	34,804	12,181	10,500
Other operating charges`640/8`	1,895	1,337	3,278	3,881	2,156
Operating profit (loss)`9901`	93,893	8,881	-21,890	33,880	27,410
Financial income`75/76B`	-	17	21	2	1
Recurring financial income`75`	-	17	21	2	1
Financial charges`65/66B`	946	1,065	801	474	568
Recurring financial charges`65`	946	1,065	801	474	568
Profit (loss) for the period before taxes`9903`	92,947	7,833	-22,670	33,408	26,843
Income taxes`67/77`	23,358	221	-	11,822	6,037
Profit (loss) for the period`9904`	69,589	7,612	-22,670	21,586	20,806
Profit (loss) for the period to be appropriated`9905`	69,589	7,612	-22,670	21,586	20,806
Appropriation of the result
Profit (loss) to be appropriated`9906`	54,531	-15,058	-22,670	21,586	20,806
Profit (loss) brought forward from the previous period`14P`	-15,058	-22,670	-	-	-
Transfer to equity`691/2`	-	-	-	21,586	14,306
To other reserves`6921`	-	-	-	21,586	14,306
Profit to be distributed`694/7`	-	-	-	-	6,500
Directors or managers`695`	-	-	-	-	6,500
Social balance sheet
Average staff (FTE)`9087`	6.8	3.6	4.8	3	2
Hours worked`1013`	11,325	6,664	9,477	3,535	2,350
Document	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-03-2025	micro format	31-10-2025	2025-00557002	PDF
31-03-2024	micro format	31-10-2024	2024-00522760	PDF
31-03-2023	micro format	31-10-2023	2023-00499840	PDF
31-03-2021	micro format	30-10-2021	2021-75700059	PDF
31-03-2020	micro format	19-10-2021	2021-72200334	PDF

Year	Entries	Awarded	Paid
2024	1	€1,063	€1,012
2023	1	€900	€900
2022	1	€467	€467

Line	2025	2024	2023	2021	2020
EBITDA	130,822	43,225	12,914	46,061	37,910
Cash flow	106,518	41,956	12,134	33,767	31,306
Investment in fixed assets	97,563	18,941	10,673	37,530	51,560
Change in cash	20,372	-16,756	-	46,984	-
Working capital	-24,259	-25,793	-41,387	-22,517	-18,754
Solvency	33.0%	17.1%	12.5%	24.0%	16.6%
Current ratio	0.88	0.83	0.74	0.84	0.83
Debt to equity	2.03	4.85	6.98	3.17	5.03
ROE	67.4%	22.6%	-87.1%	49.2%	93.3%
ROA	22.2%	3.9%	-10.9%	11.8%	15.5%
Interest coverage	over 100	40.59	16.12	-	-

Item	31-03-2025	31-03-2024	31-03-2023
Employees at the balance-sheet date	8	4	5
full-time	8	4	5
in full-time equivalents	8	4	5
Average over the year, in full-time equivalents	6.8	3.6	4.8
On a permanent contract	4	3	1
Joined	5	4	3
Left	1	5	2

BASAYEV

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency33.0%

Current ratio0.88

Return on assets22.2%

Staff

Staff cost per FTE€40,582

Joined and left+4

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2024, 3 entries, €2,430 awarded, €2,379 paid

Key figures and ratios

Social balance sheet

Investments

Insights on BASAYEV

Next steps

Item	31-03-2025	31-03-2024	31-03-2023
Tangible fixed assets	€95,768	€18,941	€10,538
Financial fixed assets	€1,795	-	€135
Depreciation and write-downs of the year	€36,929	€34,344	€34,804