B.a.a.S: 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.
B.a.a.S
Largest movements
- Cash +€29,346
up €29,346 (+67.7%), from €43,342 to €72,687
mainly Net result for the year (+€35,305) and Depreciation (+€3,048)
- Deferred charges and accrued income -€2,850
down €2,850 (-49.3%), from €5,780 to €2,930
- Receivables within one year +€1,161
up €1,161 (+9.1%), from €12,705 to €13,866
of which Other amounts receivable: +€2,068
- Tangible fixed assets +€1,155
up €1,155 (+5.8%), from €19,813 to €20,968
of which Plant, machinery and equipment: +€1,565
- Profit (loss) carried forward +€35,305
up €35,305 (+62.0%), from €56,943 to €92,248
- Tax, wage and social debts -€4,203
down €4,203 (-28.8%), from €14,601 to €10,398
- Other debts -€3,848
down €3,848 (-100%), from €3,848 to €0
- Trade debts +€1,932
up €1,932 (+67.3%), from €2,873 to €4,805
- Gross operating margin -€7,878
down €7,878 (-12.7%), from €62,177 to €54,299
- Depreciation +€1,234
up €1,234 (+68.0%), from €1,814 to €3,048
- Taxes -€961
down €961 (-7.7%), from €12,522 to €11,560
- Financial charges -€806
down €806 (-16.7%), from €4,840 to €4,033
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 | €81,640 | €110,451 | +€28,811 | +35.3% |
| Fixed assets | 21/28 | €19,813 | €20,968 | +€1,155 | +5.8% |
| Tangible fixed assets | 22/27 | €19,813 | €20,968 | +€1,155 | +5.8% |
| Plant, machinery and equipment | 23 | €4,138 | €5,703 | +€1,565 | +37.8% |
| Furniture and vehicles | 24 | €15,675 | €15,265 | -€410 | -2.6% |
| Current assets | 29/58 | €61,827 | €89,483 | +€27,656 | +44.7% |
| Amounts receivable within one year | 40/41 | €12,705 | €13,866 | +€1,161 | +9.1% |
| Trade receivables | 40 | €12,705 | €11,798 | -€908 | -7.1% |
| Other amounts receivable | 41 | - | €2,068 | +€2,068 | |
| Cash at bank and in hand | 54/58 | €43,342 | €72,687 | +€29,346 | +67.7% |
| Deferred charges and accrued income | 490/1 | €5,780 | €2,930 | -€2,850 | -49.3% |
| Total equity and liabilities | 10/49 | €81,640 | €110,451 | +€28,811 | +35.3% |
| Equity | 10/15 | €59,943 | €95,248 | +€35,305 | +58.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,943 | €92,248 | +€35,305 | +62.0% |
| Amounts payable | 17/49 | €21,697 | €15,203 | -€6,494 | -29.9% |
| Amounts payable within one year | 42/48 | €21,322 | €15,203 | -€6,119 | -28.7% |
| Trade debts | 44 | €2,873 | €4,805 | +€1,932 | +67.3% |
| Suppliers | 440/4 | €2,873 | €4,805 | +€1,932 | +67.3% |
| Taxes, remuneration and social security | 45 | €14,601 | €10,398 | -€4,203 | -28.8% |
| Taxes | 450/3 | €14,601 | €10,398 | -€4,203 | -28.8% |
| Other amounts payable | 47/48 | €3,848 | €0 | -€3,848 | -100% |
| Accrued charges and deferred income | 492/3 | €375 | €0 | -€375 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,814 | €3,048 | +€1,234 | +68.0% |
| Other operating charges | 640/8 | €118 | €448 | +€330 | +280% |
| Gross operating margin | 9900 | €62,177 | €54,299 | -€7,878 | -12.7% |
| Operating profit (loss) | 9901 | €60,245 | €50,802 | -€9,442 | -15.7% |
| Financial income | 75/76B | €0 | €97 | +€97 | +966,100% |
| Recurring financial income | 75 | €0 | €97 | +€97 | +966,100% |
| Financial charges | 65/66B | €4,840 | €4,033 | -€806 | -16.7% |
| Recurring financial charges | 65 | €4,840 | €4,033 | -€806 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €55,405 | €46,865 | -€8,540 | -15.4% |
| Income taxes | 67/77 | €12,522 | €11,560 | -€961 | -7.7% |
| Profit (loss) for the period | 9904 | €42,883 | €35,305 | -€7,578 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,883 | €35,305 | -€7,578 | -17.7% |
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 18 October 2026 via checked.be.