B.A. Corporation: what changed
B.A. Corporation
Largest movements
- Receivables within one year +€63,992
up €63,992 (+552%), from €11,602 to €75,594
of which Trade receivables: +€63,248
- Cash -€22,747
down €22,747 (-74.9%), from €30,386 to €7,639
mainly Receivables within one year (-€63,992) and Other debts (-€13,375)
- Stocks and contracts -€16,438
down €16,438 (-98.1%), from €16,750 to €312
- Tangible fixed assets +€3,664
up €3,664 (+126%), from €2,907 to €6,571
- Profit (loss) carried forward +€40,798
up €40,798, from -€6,522 to €34,276
- Other debts -€13,375
down €13,375 (-28.8%), from €46,401 to €33,025
- Tax, wage and social debts +€6,568
up €6,568 (+280%), from €2,342 to €8,909
- Trade debts -€5,397
down €5,397 (-36.2%), from €14,897 to €9,499
- Gross operating margin +€52,640
up €52,640, from -€1,029 to €51,611
- Taxes +€8,909
new in 2025: €8,909
- Depreciation +€692
up €692 (+124%), from €556 to €1,249
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,117 | €90,718 | +€28,601 | +46.0% |
| Fixed assets | 21/28 | €2,907 | €6,571 | +€3,664 | +126% |
| Tangible fixed assets | 22/27 | €2,907 | €6,571 | +€3,664 | +126% |
| Furniture and vehicles | 24 | €2,907 | €6,571 | +€3,664 | +126% |
| Current assets | 29/58 | €59,210 | €84,147 | +€24,937 | +42.1% |
| Stocks and contracts in progress | 3 | €16,750 | €312 | -€16,438 | -98.1% |
| Stocks | 30/36 | €16,750 | €312 | -€16,438 | -98.1% |
| Amounts receivable within one year | 40/41 | €11,602 | €75,594 | +€63,992 | +552% |
| Trade receivables | 40 | €11,602 | €74,851 | +€63,248 | +545% |
| Other amounts receivable | 41 | - | €743 | +€743 | |
| Cash at bank and in hand | 54/58 | €30,386 | €7,639 | -€22,747 | -74.9% |
| Deferred charges and accrued income | 490/1 | €471 | €601 | +€130 | +27.6% |
| Total equity and liabilities | 10/49 | €62,117 | €90,718 | +€28,601 | +46.0% |
| Equity | 10/15 | -€1,522 | €39,276 | +€40,798 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,522 | €34,276 | +€40,798 | |
| Amounts payable | 17/49 | €63,639 | €51,442 | -€12,197 | -19.2% |
| Amounts payable within one year | 42/48 | €63,639 | €51,434 | -€12,205 | -19.2% |
| Trade debts | 44 | €14,897 | €9,499 | -€5,397 | -36.2% |
| Suppliers | 440/4 | €14,897 | €9,499 | -€5,397 | -36.2% |
| Taxes, remuneration and social security | 45 | €2,342 | €8,909 | +€6,568 | +280% |
| Taxes | 450/3 | €2,342 | €8,909 | +€6,568 | +280% |
| Other amounts payable | 47/48 | €46,401 | €33,025 | -€13,375 | -28.8% |
| Accrued charges and deferred income | 492/3 | - | €8 | +€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €556 | €1,249 | +€692 | +124% |
| Other operating charges | 640/8 | €387 | €411 | +€23 | +6.0% |
| Gross operating margin | 9900 | -€1,029 | €51,611 | +€52,640 | |
| Operating profit (loss) | 9901 | -€1,973 | €49,952 | +€51,925 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +857% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +857% |
| Financial charges | 65/66B | €100 | €246 | +€145 | +145% |
| Recurring financial charges | 65 | €100 | €246 | +€145 | +145% |
| Profit (loss) for the period before taxes | 9903 | -€2,073 | €49,707 | +€51,781 | |
| Income taxes | 67/77 | - | €8,909 | +€8,909 | |
| Profit (loss) for the period | 9904 | -€2,073 | €40,798 | +€42,871 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,073 | €40,798 | +€42,871 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.