BAASMODE: 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.
BAASMODE
Largest movements
- Receivables within one year -€15,086
down €15,086 (-96.1%), from €15,702 to €616
of which Other amounts receivable: -€13,298
- Stocks and contracts +€8,780
up €8,780 (+6.9%), from €127,625 to €136,405
- Cash +€7,921
up €7,921 (+21.7%), from €36,446 to €44,367
mainly Receivables within one year (+€15,086) and Net result for the year (+€10,462)
- Tangible fixed assets -€2,313
down €2,313 (-26.7%), from €8,678 to €6,365
- Other debts -€11,766
down €11,766 (-5.6%), from €208,490 to €196,725
- Profit (loss) carried forward +€10,462
up €10,462 (+5.1%), from -€203,333 to -€192,871
- Turnover -€177,954
down €177,954 (-33.4%), from €532,107 to €354,153
- Purchases and services -€177,023
down €177,023 (-35.9%), from €493,200 to €316,176
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,472 | €188,758 | -€1,714 | -0.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €8,752 | €6,439 | -€2,313 | -26.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €8,678 | €6,365 | -€2,313 | -26.7% |
| Land and buildings | 22 | €6,507 | €5,387 | -€1,120 | -17.2% |
| Plant, machinery and equipment | 23 | €1,349 | €769 | -€581 | -43.0% |
| Furniture and vehicles | 24 | €821 | €209 | -€612 | -74.5% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €181,720 | €182,319 | +€600 | +0.3% |
| Stocks and contracts in progress | 3 | €127,625 | €136,405 | +€8,780 | +6.9% |
| Stocks | 30/36 | €127,625 | €136,405 | +€8,780 | +6.9% |
| Amounts receivable within one year | 40/41 | €15,702 | €616 | -€15,086 | -96.1% |
| Trade receivables | 40 | €2,396 | €608 | -€1,787 | -74.6% |
| Other amounts receivable | 41 | €13,306 | €8 | -€13,298 | -99.9% |
| Cash at bank and in hand | 54/58 | €36,446 | €44,367 | +€7,921 | +21.7% |
| Deferred charges and accrued income | 490/1 | €1,947 | €932 | -€1,015 | -52.1% |
| Total equity and liabilities | 10/49 | €190,472 | €188,758 | -€1,714 | -0.9% |
| Equity | 10/15 | -€66,933 | -€56,471 | +€10,462 | +15.6% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €12,400 | €12,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€203,333 | -€192,871 | +€10,462 | +5.1% |
| Amounts payable | 17/49 | €257,405 | €245,230 | -€12,176 | -4.7% |
| Amounts payable within one year | 42/48 | €257,405 | €245,230 | -€12,176 | -4.7% |
| Trade debts | 44 | €37,046 | €35,213 | -€1,833 | -4.9% |
| Suppliers | 440/4 | €37,046 | €35,213 | -€1,833 | -4.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €11,869 | €13,292 | +€1,423 | +12.0% |
| Taxes | 450/3 | €7,023 | €8,884 | +€1,862 | +26.5% |
| Remuneration and social security | 454/9 | €4,846 | €4,408 | -€439 | -9.1% |
| Other amounts payable | 47/48 | €208,490 | €196,725 | -€11,766 | -5.6% |
| Turnover | 70 | €532,107 | €354,153 | -€177,954 | -33.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €493,200 | €316,176 | -€177,023 | -35.9% |
| Remuneration, social security and pensions | 62 | €29,188 | €27,764 | -€1,424 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,497 | €2,138 | -€358 | -14.4% |
| Other operating charges | 640/8 | €1,045 | €1,412 | +€366 | +35.1% |
| Non-recurring operating charges | 66A | - | €175 | +€175 | |
| Gross operating margin | 9900 | €41,475 | €42,246 | +€771 | +1.9% |
| Operating profit (loss) | 9901 | €8,745 | €10,757 | +€2,012 | +23.0% |
| Financial income | 75/76B | €2,343 | €1,532 | -€811 | -34.6% |
| Recurring financial income | 75 | €2,343 | €1,532 | -€811 | -34.6% |
| Financial charges | 65/66B | €1,886 | €1,511 | -€375 | -19.9% |
| Recurring financial charges | 65 | €1,886 | €1,511 | -€375 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €9,202 | €10,777 | +€1,576 | +17.1% |
| Income taxes | 67/77 | €389 | €316 | -€73 | -18.8% |
| Profit (loss) for the period | 9904 | €8,813 | €10,462 | +€1,649 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,813 | €10,462 | +€1,649 | +18.7% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.