B.A.B.: 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.B.
Largest movements
- Tangible fixed assets -€8,500
down €8,500 (-4.3%), from €198,000 to €189,500
- Reserves -€24,658
down €24,658 (-23.9%), from €102,979 to €78,321
of which Distributable reserves: -€15,948
- Trade debts +€10,411
up €10,411 (+38.2%), from €27,224 to €37,635
- Provisions -€4,480
down €4,480 (-19.6%), from €22,840 to €18,360
- Other debts +€4,350
up €4,350 (+3.9%), from €111,110 to €115,460
- Gross operating margin -€17,438
down €17,438 (-65.8%), from €26,506 to €9,069
- Other operating charges +€365
up €365 (+7.2%), from €5,040 to €5,404
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.
Cash bridge derived
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 | €384,035 | €374,600 | -€9,435 | -2.5% |
| Fixed assets | 21/28 | €198,000 | €189,500 | -€8,500 | -4.3% |
| Tangible fixed assets | 22/27 | €198,000 | €189,500 | -€8,500 | -4.3% |
| Land and buildings | 22 | €198,000 | €189,500 | -€8,500 | -4.3% |
| Current assets | 29/58 | €186,035 | €185,100 | -€935 | -0.5% |
| Amounts receivable within one year | 40/41 | €185,100 | €185,100 | = | 0.0% |
| Other amounts receivable | 41 | €185,100 | €185,100 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €935 | - | -€935 | |
| Total equity and liabilities | 10/49 | €384,035 | €374,600 | -€9,435 | -2.5% |
| Equity | 10/15 | €149,031 | €127,833 | -€21,198 | -14.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €102,979 | €78,321 | -€24,658 | -23.9% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,280 | €35,570 | -€8,710 | -19.7% |
| Distributable reserves | 133 | €55,600 | €39,652 | -€15,948 | -28.7% |
| Profit (loss) carried forward | 14 | -€15,948 | -€12,488 | +€3,461 | +21.7% |
| Provisions and deferred taxes | 16 | €22,840 | €18,360 | -€4,480 | -19.6% |
| Deferred taxes | 168 | €22,840 | €18,360 | -€4,480 | -19.6% |
| Amounts payable | 17/49 | €212,164 | €228,407 | +€16,243 | +7.7% |
| Amounts payable after more than one year | 17 | €73,830 | €73,830 | = | 0.0% |
| Financial debts | 170/4 | €72,500 | €73,830 | +€1,330 | +1.8% |
| Other amounts payable | 178/9 | €1,330 | - | -€1,330 | |
| Amounts payable within one year | 42/48 | €138,334 | €154,577 | +€16,243 | +11.7% |
| Financial debts | 43 | - | €1,482 | +€1,482 | |
| Credit institutions | 430/8 | - | €1,482 | +€1,482 | |
| Trade debts | 44 | €27,224 | €37,635 | +€10,411 | +38.2% |
| Suppliers | 440/4 | €27,224 | €37,635 | +€10,411 | +38.2% |
| Other amounts payable | 47/48 | €111,110 | €115,460 | +€4,350 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,500 | €8,500 | = | 0.0% |
| Other operating charges | 640/8 | €5,040 | €5,404 | +€365 | +7.2% |
| Gross operating margin | 9900 | €26,506 | €9,069 | -€17,438 | -65.8% |
| Operating profit (loss) | 9901 | €12,967 | -€4,835 | -€17,802 | |
| Financial charges | 65/66B | €4,748 | €4,894 | +€146 | +3.1% |
| Recurring financial charges | 65 | €4,748 | €4,894 | +€146 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €8,219 | -€9,729 | -€17,949 | |
| Transfer from deferred taxes | 780 | €4,480 | €4,480 | = | 0.0% |
| Profit (loss) for the period | 9904 | €12,699 | -€5,249 | -€17,949 | |
| Transfer from tax-exempt reserves | 789 | €8,710 | €8,710 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,409 | €3,461 | -€17,949 | -83.8% |
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 12 October 2026 via checked.be.