BA Group: 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.
BA Group
Largest movements
- Stocks and contracts -€27,300
down €27,300 (-44.9%), from €60,813 to €33,513
- Receivables within one year -€22,569
down €22,569 (-9.0%), from €251,142 to €228,572
of which Other amounts receivable: -€22,569
- Tangible fixed assets -€16,560
down €16,560 (-6.2%), from €268,200 to €251,640
of which Furniture and vehicles: -€8,335
- Trade debts -€75,545
down €75,545 (-77.4%), from €97,549 to €22,004
- Other debts -€74,992
down €74,992 (-86.4%), from €86,842 to €11,851
- Debts after one year -€53,181
down €53,181 (-17.5%), from €303,520 to €250,339
of which Financial debts: -€53,181
- Profit (loss) carried forward +€52,239
up €52,239 (+54.7%), from €95,586 to €147,825
- Short-term financial debts +€46,903
new in 2025: €46,903
- Turnover +€531,771
up €531,771 (+18.2%), from €2.9m to €3.4m
- Purchases and services +€486,010
up €486,010 (+17.7%), from €2.7m to €3.2m
- Other operating charges -€95,168
down €95,168 (-94.9%), from €100,276 to €5,109
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 | €633,831 | €563,563 | -€70,269 | -11.1% |
| Fixed assets | 21/28 | €289,308 | €272,748 | -€16,560 | -5.7% |
| Tangible fixed assets | 22/27 | €268,200 | €251,640 | -€16,560 | -6.2% |
| Land and buildings | 22 | €220,548 | €213,613 | -€6,935 | -3.1% |
| Plant, machinery and equipment | 23 | €12,896 | €11,606 | -€1,290 | -10.0% |
| Furniture and vehicles | 24 | €34,756 | €26,421 | -€8,335 | -24.0% |
| Financial fixed assets | 28 | €21,108 | €21,108 | = | 0.0% |
| Current assets | 29/58 | €344,523 | €290,814 | -€53,709 | -15.6% |
| Stocks and contracts in progress | 3 | €60,813 | €33,513 | -€27,300 | -44.9% |
| Stocks | 30/36 | €60,813 | €33,513 | -€27,300 | -44.9% |
| Amounts receivable within one year | 40/41 | €251,142 | €228,572 | -€22,569 | -9.0% |
| Trade receivables | 40 | €12,000 | €12,000 | = | 0.0% |
| Other amounts receivable | 41 | €239,142 | €216,572 | -€22,569 | -9.4% |
| Current investments | 50/53 | €376 | - | -€376 | |
| Cash at bank and in hand | 54/58 | €31,792 | €27,191 | -€4,602 | -14.5% |
| Deferred charges and accrued income | 490/1 | €401 | €1,539 | +€1,138 | +284% |
| Total equity and liabilities | 10/49 | €633,831 | €563,563 | -€70,269 | -11.1% |
| Equity | 10/15 | €101,586 | €153,825 | +€52,239 | +51.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,586 | €147,825 | +€52,239 | +54.7% |
| Amounts payable | 17/49 | €532,245 | €409,738 | -€122,507 | -23.0% |
| Amounts payable after more than one year | 17 | €303,520 | €250,339 | -€53,181 | -17.5% |
| Financial debts | 170/4 | €233,520 | €180,339 | -€53,181 | -22.8% |
| Other amounts payable | 178/9 | €70,000 | €70,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €228,725 | €159,399 | -€69,326 | -30.3% |
| Current portion of amounts payable after more than one year | 42 | €14,400 | €39,181 | +€24,781 | +172% |
| Financial debts | 43 | - | €46,903 | +€46,903 | |
| Credit institutions | 430/8 | - | €46,903 | +€46,903 | |
| Trade debts | 44 | €97,549 | €22,004 | -€75,545 | -77.4% |
| Suppliers | 440/4 | €97,549 | €22,004 | -€75,545 | -77.4% |
| Taxes, remuneration and social security | 45 | €29,934 | €39,461 | +€9,527 | +31.8% |
| Taxes | 450/3 | €29,934 | €28,956 | -€978 | -3.3% |
| Remuneration and social security | 454/9 | - | €10,505 | +€10,505 | |
| Other amounts payable | 47/48 | €86,842 | €11,851 | -€74,992 | -86.4% |
| Turnover | 70 | €2,916,853 | €3,448,625 | +€531,771 | +18.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,740,417 | €3,226,427 | +€486,010 | +17.7% |
| Remuneration, social security and pensions | 62 | €121,340 | €155,706 | +€34,365 | +28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,615 | €21,250 | +€9,634 | +82.9% |
| Other operating charges | 640/8 | €100,276 | €5,109 | -€95,168 | -94.9% |
| Gross operating margin | 9900 | €293,870 | €261,848 | -€32,022 | -10.9% |
| Operating profit (loss) | 9901 | €60,638 | €79,784 | +€19,146 | +31.6% |
| Financial income | 75/76B | €1 | €76 | +€75 | +5,248% |
| Recurring financial income | 75 | €1 | €76 | +€75 | +5,248% |
| Financial charges | 65/66B | €8,158 | €10,209 | +€2,051 | +25.1% |
| Recurring financial charges | 65 | €8,158 | €10,209 | +€2,051 | +25.1% |
| Profit (loss) for the period before taxes | 9903 | €52,481 | €69,651 | +€17,170 | +32.7% |
| Income taxes | 67/77 | €13,120 | €17,413 | +€4,293 | +32.7% |
| Profit (loss) for the period | 9904 | €39,361 | €52,239 | +€12,878 | +32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,361 | €52,239 | +€12,878 | +32.7% |
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 13 October 2026 via checked.be.