ANNICK BASTIAENSEN: 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.
ANNICK BASTIAENSEN
Largest movements
- Cash +€32,461
up €32,461 (+83.3%), from €38,990 to €71,451
mainly Net result for the year (+€64,255) and Receivables within one year (+€1,319)
- Reserves +€34,255
up €34,255 (+51.4%), from €66,642 to €100,896
- Tax, wage and social debts -€4,156
down €4,156 (-59.3%), from €7,006 to €2,850
- Gross operating margin -€7,029
down €7,029 (-7.9%), from €88,977 to €81,948
- Taxes -€1,837
down €1,837 (-10.1%), from €18,156 to €16,319
- Financial charges +€1,077
up €1,077 (+605%), from €178 to €1,254
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 | €134,101 | €164,293 | +€30,192 | +22.5% |
| Fixed assets | 21/28 | €62,737 | €62,737 | = | 0.0% |
| Financial fixed assets | 28 | €62,737 | €62,737 | = | 0.0% |
| Current assets | 29/58 | €71,364 | €101,556 | +€30,192 | +42.3% |
| Amounts receivable within one year | 40/41 | €5,000 | €3,681 | -€1,319 | -26.4% |
| Other amounts receivable | 41 | €5,000 | €3,681 | -€1,319 | -26.4% |
| Cash at bank and in hand | 54/58 | €38,990 | €71,451 | +€32,461 | +83.3% |
| Deferred charges and accrued income | 490/1 | €27,374 | €26,425 | -€949 | -3.5% |
| Total equity and liabilities | 10/49 | €134,101 | €164,293 | +€30,192 | +22.5% |
| Equity | 10/15 | €85,242 | €119,496 | +€34,255 | +40.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,642 | €100,896 | +€34,255 | +51.4% |
| Distributable reserves | 133 | €66,642 | €100,896 | +€34,255 | +51.4% |
| Amounts payable | 17/49 | €48,859 | €44,797 | -€4,062 | -8.3% |
| Amounts payable after more than one year | 17 | €40,000 | €40,000 | = | 0.0% |
| Financial debts | 170/4 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,859 | €4,797 | -€4,062 | -45.9% |
| Trade debts | 44 | €1,853 | €1,947 | +€94 | +5.1% |
| Suppliers | 440/4 | €1,853 | €1,947 | +€94 | +5.1% |
| Taxes, remuneration and social security | 45 | €7,006 | €2,850 | -€4,156 | -59.3% |
| Taxes | 450/3 | €7,006 | €2,850 | -€4,156 | -59.3% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €88,977 | €81,948 | -€7,029 | -7.9% |
| Operating profit (loss) | 9901 | €88,859 | €81,828 | -€7,031 | -7.9% |
| Financial charges | 65/66B | €178 | €1,254 | +€1,077 | +605% |
| Recurring financial charges | 65 | €178 | €1,254 | +€1,077 | +605% |
| Profit (loss) for the period before taxes | 9903 | €88,681 | €80,574 | -€8,107 | -9.1% |
| Income taxes | 67/77 | €18,156 | €16,319 | -€1,837 | -10.1% |
| Profit (loss) for the period | 9904 | €70,525 | €64,255 | -€6,271 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €70,525 | €64,255 | -€6,271 | -8.9% |
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 27 October 2026 via checked.be.