BABA: 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.
BABA
Largest movements
- Tangible fixed assets +€133,154
up €133,154 (+20.7%), from €643,653 to €776,806
of which Land and buildings: +€136,196
- Receivables within one year -€53,282
down €53,282 (-86.7%), from €61,458 to €8,177
of which Trade receivables: -€53,282
- Cash +€21,209
up €21,209 (+51.6%), from €41,076 to €62,285
mainly Debts after one year (+€100,077) and Depreciation (+€54,519)
- Deferred charges and accrued income -€10,000
no longer reported in 2025 (was €10,000)
- Debts after one year +€100,077
up €100,077 (+21.9%), from €457,920 to €557,997
- Trade debts -€35,727
down €35,727 (-64.2%), from €55,684 to €19,956
- Current portion of long-term debt +€16,574
up €16,574 (+28.8%), from €57,521 to €74,095
- Profit (loss) carried forward +€15,025
no longer reported in 2025 (was -€15,025)
- Reserves +€10,728
up €10,728 (+7.1%), from €150,929 to €161,657
of which Distributable reserves: +€10,728
- Staff costs -€26,843
down €26,843 (-16.5%), from €162,709 to €135,866
- Taxes +€7,167
up €7,167 (+123.0%), from €5,825 to €12,992
- Financial charges +€4,901
up €4,901 (+46.0%), from €10,652 to €15,554
- Depreciation -€4,097
down €4,097 (-7.0%), from €58,616 to €54,519
- Financial income +€2,776
up €2,776 (+1509.1%), from €184 to €2,960
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 | €759,187 | €852,267 | +€93,081 | +12.3% |
| Fixed assets | 21/28 | €643,653 | €776,806 | +€133,154 | +20.7% |
| Tangible fixed assets | 22/27 | €643,653 | €776,806 | +€133,154 | +20.7% |
| Land and buildings | 22 | €627,443 | €763,639 | +€136,196 | +21.7% |
| Plant, machinery and equipment | 23 | €10,420 | €8,034 | -€2,386 | -22.9% |
| Furniture and vehicles | 24 | €3,334 | €1,882 | -€1,452 | -43.5% |
| Other tangible fixed assets | 26 | €2,456 | €3,251 | +€795 | +32.4% |
| Current assets | 29/58 | €115,534 | €75,461 | -€40,073 | -34.7% |
| Stocks and contracts in progress | 3 | €3,000 | €5,000 | +€2,000 | +66.7% |
| Stocks | 30/36 | €3,000 | €5,000 | +€2,000 | +66.7% |
| Amounts receivable within one year | 40/41 | €61,458 | €8,177 | -€53,282 | -86.7% |
| Trade receivables | 40 | €60,218 | €6,937 | -€53,282 | -88.5% |
| Other amounts receivable | 41 | €1,240 | €1,240 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €41,076 | €62,285 | +€21,209 | +51.6% |
| Deferred charges and accrued income | 490/1 | €10,000 | - | -€10,000 | |
| Total equity and liabilities | 10/49 | €759,187 | €852,267 | +€93,081 | +12.3% |
| Equity | 10/15 | €154,503 | €180,257 | +€25,753 | +16.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €150,929 | €161,657 | +€10,728 | +7.1% |
| Tax-exempt reserves | 132 | €2,202 | €2,202 | = | 0.0% |
| Distributable reserves | 133 | €148,727 | €159,454 | +€10,728 | +7.2% |
| Profit (loss) carried forward | 14 | -€15,025 | - | +€15,025 | |
| Amounts payable | 17/49 | €604,683 | €672,011 | +€67,328 | +11.1% |
| Amounts payable after more than one year | 17 | €457,920 | €557,997 | +€100,077 | +21.9% |
| Financial debts | 170/4 | €457,920 | €557,997 | +€100,077 | +21.9% |
| Amounts payable within one year | 42/48 | €146,764 | €114,014 | -€32,750 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €57,521 | €74,095 | +€16,574 | +28.8% |
| Trade debts | 44 | €55,684 | €19,956 | -€35,727 | -64.2% |
| Suppliers | 440/4 | €55,684 | €19,956 | -€35,727 | -64.2% |
| Taxes, remuneration and social security | 45 | €21,494 | €12,482 | -€9,012 | -41.9% |
| Taxes | 450/3 | €1,619 | €6,726 | +€5,107 | +315.3% |
| Remuneration and social security | 454/9 | €19,875 | €5,756 | -€14,119 | -71.0% |
| Other amounts payable | 47/48 | €12,065 | €7,480 | -€4,585 | -38.0% |
| Remuneration, social security and pensions | 62 | €162,709 | €135,866 | -€26,843 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,616 | €54,519 | -€4,097 | -7.0% |
| Other operating charges | 640/8 | €4,362 | €6,249 | +€1,887 | +43.3% |
| Gross operating margin | 9900 | €248,294 | €247,973 | -€321 | -0.1% |
| Operating profit (loss) | 9901 | €22,607 | €51,339 | +€28,732 | +127.1% |
| Financial income | 75/76B | €184 | €2,960 | +€2,776 | +1509.1% |
| Recurring financial income | 75 | €184 | €2,960 | +€2,776 | +1509.1% |
| Financial charges | 65/66B | €10,652 | €15,554 | +€4,901 | +46.0% |
| Recurring financial charges | 65 | €10,652 | €15,554 | +€4,901 | +46.0% |
| Profit (loss) for the period before taxes | 9903 | €12,138 | €38,745 | +€26,607 | +219.2% |
| Income taxes | 67/77 | €5,825 | €12,992 | +€7,167 | +123.0% |
| Profit (loss) for the period | 9904 | €6,313 | €25,753 | +€19,440 | +307.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,313 | €25,753 | +€19,440 | +307.9% |
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.