Ba3co: what changed
Two fiscal 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.
Ba3co
Largest movements
- Deferred charges and accrued income +€31,515
new in 2025: €31,515
- Receivables within one year +€1,274
up €1,274 (+7.6%), from €16,751 to €18,025
of which Other amounts receivable: +€1,274
- Profit (loss) carried forward +€24,220
up €24,220 (+1.2%), from -€2.0m to -€1.9m
- Other debts +€9,067
up €9,067 (+0.5%), from €1.9m to €1.9m
- Other operating charges +€25,072
up €25,072 (+3851.2%), from €651 to €25,723
- Write-downs -€25,052
new in 2025: -€25,052
- Gross operating margin -€4,639
down €4,639 (-15.5%), from €29,939 to €25,301
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 | €17,489 | €50,044 | +€32,555 | +186.1% |
| Fixed assets | 21/28 | €397 | €58 | -€339 | -85.5% |
| Tangible fixed assets | 22/27 | €397 | €58 | -€339 | -85.5% |
| Plant, machinery and equipment | 23 | €397 | €58 | -€339 | -85.5% |
| Current assets | 29/58 | €17,092 | €49,986 | +€32,894 | +192.5% |
| Amounts receivable within one year | 40/41 | €16,751 | €18,025 | +€1,274 | +7.6% |
| Trade receivables | 40 | €16,517 | €16,517 | = | 0.0% |
| Other amounts receivable | 41 | €235 | €1,509 | +€1,274 | +543.3% |
| Cash at bank and in hand | 54/58 | €341 | €446 | +€105 | +30.8% |
| Deferred charges and accrued income | 490/1 | - | €31,515 | +€31,515 | |
| Total equity and liabilities | 10/49 | €17,489 | €50,044 | +€32,555 | +186.1% |
| Equity | 10/15 | -€1,891,378 | -€1,867,158 | +€24,220 | +1.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,850 | €56,850 | = | 0.0% |
| Distributable reserves | 133 | €56,850 | €56,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,954,428 | -€1,930,208 | +€24,220 | +1.2% |
| Amounts payable | 17/49 | €1,908,867 | €1,917,202 | +€8,335 | +0.4% |
| Amounts payable within one year | 42/48 | €1,908,626 | €1,917,202 | +€8,575 | +0.4% |
| Trade debts | 44 | €1,163 | €671 | -€492 | -42.3% |
| Suppliers | 440/4 | €1,163 | €671 | -€492 | -42.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,907,463 | €1,916,530 | +€9,067 | +0.5% |
| Accrued charges and deferred income | 492/3 | €241 | €0 | -€241 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €415 | €339 | -€75 | -18.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€25,052 | -€25,052 | |
| Other operating charges | 640/8 | €651 | €25,723 | +€25,072 | +3851.2% |
| Gross operating margin | 9900 | €29,939 | €25,301 | -€4,639 | -15.5% |
| Operating profit (loss) | 9901 | €28,874 | €24,290 | -€4,583 | -15.9% |
| Financial charges | 65/66B | €69 | €70 | +€1 | +2.0% |
| Recurring financial charges | 65 | €69 | €70 | +€1 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €28,804 | €24,220 | -€4,584 | -15.9% |
| Profit (loss) for the period | 9904 | €28,804 | €24,220 | -€4,584 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,804 | €24,220 | -€4,584 | -15.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.