BAAT: 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.
BAAT
Largest movements
- Receivables within one year -€2,033
down €2,033 (-37.1%), from €5,486 to €3,453
of which Trade receivables: -€1,777
- Tangible fixed assets -€501
down €501 (-58.0%), from €864 to €363
- Trade debts -€1,506
down €1,506 (-62.1%), from €2,427 to €921
- Profit (loss) carried forward -€788
down €788 (-28.7%), from -€2,742 to -€3,529
- Tax, wage and social debts -€338
down €338 (-58.7%), from €575 to €237
- Short-term financial debts +€98
up €98 (+109.7%), from €89 to €187
- Gross operating margin -€1,365
down €1,365, from €1,176 to -€189
- Other operating charges -€500
down €500 (-100.0%), from €500 to €0
- Depreciation -€271
down €271 (-35.1%), from €772 to €501
- Financial charges -€165
down €165 (-62.7%), from €263 to €98
- Financial income -€71
down €71 (-100.0%), from €71 to €0
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,350 | €3,816 | -€2,534 | -39.9% |
| Fixed assets | 21/28 | €864 | €363 | -€501 | -58.0% |
| Tangible fixed assets | 22/27 | €864 | €363 | -€501 | -58.0% |
| Furniture and vehicles | 24 | €864 | €363 | -€501 | -58.0% |
| Current assets | 29/58 | €5,486 | €3,453 | -€2,033 | -37.1% |
| Amounts receivable within one year | 40/41 | €5,486 | €3,453 | -€2,033 | -37.1% |
| Trade receivables | 40 | €5,157 | €3,379 | -€1,777 | -34.5% |
| Other amounts receivable | 41 | €329 | €74 | -€255 | -77.6% |
| Total equity and liabilities | 10/49 | €6,350 | €3,816 | -€2,534 | -39.9% |
| Equity | 10/15 | €3,258 | €2,471 | -€788 | -24.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,742 | -€3,529 | -€788 | -28.7% |
| Amounts payable | 17/49 | €3,091 | €1,345 | -€1,746 | -56.5% |
| Amounts payable within one year | 42/48 | €3,091 | €1,345 | -€1,746 | -56.5% |
| Financial debts | 43 | €89 | €187 | +€98 | +109.7% |
| Credit institutions | 430/8 | €89 | €187 | +€98 | +109.7% |
| Trade debts | 44 | €2,427 | €921 | -€1,506 | -62.1% |
| Suppliers | 440/4 | €2,427 | €921 | -€1,506 | -62.1% |
| Taxes, remuneration and social security | 45 | €575 | €237 | -€338 | -58.7% |
| Taxes | 450/3 | €575 | €237 | -€338 | -58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €772 | €501 | -€271 | -35.1% |
| Other operating charges | 640/8 | €500 | €0 | -€500 | -100.0% |
| Gross operating margin | 9900 | €1,176 | -€189 | -€1,365 | |
| Operating profit (loss) | 9901 | -€96 | -€690 | -€594 | -621.4% |
| Financial income | 75/76B | €71 | €0 | -€71 | -100.0% |
| Recurring financial income | 75 | €71 | €0 | -€71 | -100.0% |
| Financial charges | 65/66B | €263 | €98 | -€165 | -62.7% |
| Recurring financial charges | 65 | €263 | €98 | -€165 | -62.7% |
| Profit (loss) for the period before taxes | 9903 | -€287 | -€788 | -€501 | -174.3% |
| Profit (loss) for the period | 9904 | -€287 | -€788 | -€501 | -174.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€287 | -€788 | -€501 | -174.3% |
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 12 October 2026 via checked.be.