B.A.B PROJECT: 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 PROJECT
Largest movements
- Receivables within one year +€30,504
up €30,504 (+93.2%), from €32,720 to €63,224
of which Trade receivables: +€24,647
- Cash -€7,434
down €7,434 (-41.1%), from €18,073 to €10,639
mainly Receivables within one year (-€30,504) and Contributions, distributions and other (-€10,000)
- Other debts +€10,000
new in 2025: €10,000
- Profit (loss) carried forward +€7,616
up €7,616 (+27.9%), from €27,258 to €34,874
- Trade debts +€3,139
up €3,139 (+19.6%), from €16,016 to €19,155
of which Bills of exchange payable: +€2,141
- Tax, wage and social debts +€2,315
up €2,315 (+30.8%), from €7,519 to €9,834
- Turnover -€83,376
no longer reported in 2025 (was €83,376)
- Purchases and services -€50,310
no longer reported in 2025 (was €50,310)
- Gross operating margin -€14,530
down €14,530 (-43.9%), from €33,066 to €18,536
- Taxes -€5,204
down €5,204 (-69.2%), from €7,519 to €2,315
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 | €50,793 | €73,863 | +€23,070 | +45.4% |
| Current assets | 29/58 | €50,793 | €73,863 | +€23,070 | +45.4% |
| Amounts receivable within one year | 40/41 | €32,720 | €63,224 | +€30,504 | +93.2% |
| Trade receivables | 40 | €1,400 | €26,047 | +€24,647 | +1,760% |
| Other amounts receivable | 41 | €31,320 | €37,178 | +€5,858 | +18.7% |
| Cash at bank and in hand | 54/58 | €18,073 | €10,639 | -€7,434 | -41.1% |
| Total equity and liabilities | 10/49 | €50,793 | €73,863 | +€23,070 | +45.4% |
| Equity | 10/15 | €27,258 | €34,874 | +€7,616 | +27.9% |
| Profit (loss) carried forward | 14 | €27,258 | €34,874 | +€7,616 | +27.9% |
| Amounts payable | 17/49 | €23,536 | €38,990 | +€15,454 | +65.7% |
| Amounts payable within one year | 42/48 | €23,536 | €38,990 | +€15,454 | +65.7% |
| Trade debts | 44 | €16,016 | €19,155 | +€3,139 | +19.6% |
| Suppliers | 440/4 | €1,817 | €2,816 | +€998 | +54.9% |
| Bills of exchange payable | 441 | €14,199 | €16,340 | +€2,141 | +15.1% |
| Taxes, remuneration and social security | 45 | €7,519 | €9,834 | +€2,315 | +30.8% |
| Taxes | 450/3 | €7,519 | €9,834 | +€2,315 | +30.8% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Turnover | 70 | €83,376 | - | -€83,376 | |
| Goods, raw materials, services and sundry goods | 60/61 | €50,310 | - | -€50,310 | |
| Other operating charges | 640/8 | - | €64 | +€64 | |
| Gross operating margin | 9900 | €33,066 | €18,536 | -€14,530 | -43.9% |
| Operating profit (loss) | 9901 | €33,066 | €18,472 | -€14,594 | -44.1% |
| Financial income | 75/76B | €1,812 | €1,734 | -€78 | -4.3% |
| Recurring financial income | 75 | €1,812 | €1,734 | -€78 | -4.3% |
| Financial charges | 65/66B | €101 | €275 | +€174 | +172% |
| Recurring financial charges | 65 | €101 | €275 | +€174 | +172% |
| Profit (loss) for the period before taxes | 9903 | €34,777 | €19,931 | -€14,846 | -42.7% |
| Income taxes | 67/77 | €7,519 | €2,315 | -€5,204 | -69.2% |
| Profit (loss) for the period | 9904 | €27,258 | €17,616 | -€9,641 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,258 | €17,616 | -€9,641 | -35.4% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.