BAB'S ART: 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.
BAB'S ART
Largest movements
- Cash +€34,572
up €34,572 (+38.1%), from €90,825 to €125,397
mainly Net result for the year (+€80,842) and Tax, wage and social debts (+€27,076)
- Stocks and contracts +€34,061
up €34,061 (+24.5%), from €138,970 to €173,031
- Profit (loss) carried forward +€80,842
up €80,842 (+139%), from €58,126 to €138,968
- Tax, wage and social debts +€27,076
up €27,076 (+83.3%), from €32,520 to €59,596
of which Taxes: +€20,240
- Debts after one year -€23,709
down €23,709 (-9.5%), from €250,823 to €227,114
- Trade debts -€21,337
down €21,337 (-37.2%), from €57,281 to €35,944
- Other debts +€8,810
up €8,810 (+16.6%), from €53,059 to €61,869
- Gross operating margin +€85,387
up €85,387 (+75.6%), from €112,995 to €198,382
- Staff costs +€30,748
up €30,748 (+113%), from €27,127 to €57,875
- Other operating charges -€29,103
down €29,103 (-85.8%), from €33,929 to €4,827
- Taxes +€18,222
up €18,222 (+271%), from €6,722 to €24,944
- Financial charges +€3,454
up €3,454 (+34.6%), from €9,995 to €13,449
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 | €479,633 | €552,201 | +€72,567 | +15.1% |
| Fixed assets | 21/28 | €236,410 | €234,961 | -€1,449 | -0.6% |
| Intangible fixed assets | 21 | €7,754 | €5,814 | -€1,940 | -25.0% |
| Tangible fixed assets | 22/27 | €228,451 | €225,342 | -€3,109 | -1.4% |
| Land and buildings | 22 | €212,890 | €205,060 | -€7,830 | -3.7% |
| Plant, machinery and equipment | 23 | - | €3,251 | +€3,251 | |
| Furniture and vehicles | 24 | €13,818 | €15,488 | +€1,670 | +12.1% |
| Other tangible fixed assets | 26 | €1,742 | €1,542 | -€200 | -11.5% |
| Financial fixed assets | 28 | €205 | €3,805 | +€3,600 | +1,756% |
| Current assets | 29/58 | €243,224 | €317,239 | +€74,016 | +30.4% |
| Stocks and contracts in progress | 3 | €138,970 | €173,031 | +€34,061 | +24.5% |
| Stocks | 30/36 | €138,970 | €173,031 | +€34,061 | +24.5% |
| Amounts receivable within one year | 40/41 | €8,011 | €10,731 | +€2,720 | +34.0% |
| Trade receivables | 40 | €6,899 | €10,636 | +€3,737 | +54.2% |
| Other amounts receivable | 41 | €1,112 | €95 | -€1,017 | -91.5% |
| Cash at bank and in hand | 54/58 | €90,825 | €125,397 | +€34,572 | +38.1% |
| Deferred charges and accrued income | 490/1 | €5,418 | €8,081 | +€2,663 | +49.2% |
| Total equity and liabilities | 10/49 | €479,633 | €552,201 | +€72,567 | +15.1% |
| Equity | 10/15 | €63,126 | €143,968 | +€80,842 | +128% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,126 | €138,968 | +€80,842 | +139% |
| Amounts payable | 17/49 | €416,508 | €408,232 | -€8,275 | -2.0% |
| Amounts payable after more than one year | 17 | €250,823 | €227,114 | -€23,709 | -9.5% |
| Financial debts | 170/4 | €250,823 | €227,114 | -€23,709 | -9.5% |
| Amounts payable within one year | 42/48 | €165,685 | €181,118 | +€15,433 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €22,824 | €23,709 | +€884 | +3.9% |
| Trade debts | 44 | €57,281 | €35,944 | -€21,337 | -37.2% |
| Suppliers | 440/4 | €57,281 | €35,944 | -€21,337 | -37.2% |
| Taxes, remuneration and social security | 45 | €32,520 | €59,596 | +€27,076 | +83.3% |
| Taxes | 450/3 | €26,177 | €46,417 | +€20,240 | +77.3% |
| Remuneration and social security | 454/9 | €6,343 | €13,179 | +€6,836 | +108% |
| Other amounts payable | 47/48 | €53,059 | €61,869 | +€8,810 | +16.6% |
| Remuneration, social security and pensions | 62 | €27,127 | €57,875 | +€30,748 | +113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,605 | €16,989 | +€384 | +2.3% |
| Other operating charges | 640/8 | €33,929 | €4,827 | -€29,103 | -85.8% |
| Gross operating margin | 9900 | €112,995 | €198,382 | +€85,387 | +75.6% |
| Operating profit (loss) | 9901 | €35,333 | €118,691 | +€83,358 | +236% |
| Financial income | 75/76B | €414 | €544 | +€130 | +31.3% |
| Recurring financial income | 75 | €414 | €544 | +€130 | +31.3% |
| Financial charges | 65/66B | €9,995 | €13,449 | +€3,454 | +34.6% |
| Recurring financial charges | 65 | €9,995 | €13,449 | +€3,454 | +34.6% |
| Profit (loss) for the period before taxes | 9903 | €25,753 | €105,787 | +€80,034 | +311% |
| Income taxes | 67/77 | €6,722 | €24,944 | +€18,222 | +271% |
| Profit (loss) for the period | 9904 | €19,031 | €80,842 | +€61,812 | +325% |
| Profit (loss) for the period to be appropriated | 9905 | €19,031 | €80,842 | +€61,812 | +325% |
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 27 October 2026 via checked.be.