BABACAN: 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.
BABACAN
Largest movements
- Receivables within one year +€76,246
up €76,246 (+110.6%), from €68,942 to €145,188
of which Trade receivables: +€66,419
- Cash +€55,373
up €55,373 (+88.1%), from €62,839 to €118,213
mainly Net result for the year (+€85,127) and Trade debts (+€72,605)
- Stocks and contracts +€44,883
new in 2024: €44,883
- Tangible fixed assets -€21,041
down €21,041 (-22.7%), from €92,744 to €71,703
of which Furniture and vehicles: -€10,958
- Profit (loss) carried forward +€85,127
up €85,127, from -€24,281 to €60,846
- Trade debts +€72,605
new in 2024: €72,605
- Debts after one year -€7,834
down €7,834 (-28.1%), from €27,869 to €20,035
- Other debts +€6,515
up €6,515 (+41.3%), from €15,772 to €22,287
- Gross operating margin +€133,284
up €133,284, from -€13,446 to €119,838
- Financial charges +€4,849
up €4,849 (+56.0%), from €8,659 to €13,508
- Depreciation +€3,325
up €3,325 (+18.8%), from €17,716 to €21,041
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,526 | €379,987 | +€155,462 | +69.2% |
| Fixed assets | 21/28 | €92,744 | €71,703 | -€21,041 | -22.7% |
| Tangible fixed assets | 22/27 | €92,744 | €71,703 | -€21,041 | -22.7% |
| Plant, machinery and equipment | 23 | €34,059 | €23,976 | -€10,083 | -29.6% |
| Furniture and vehicles | 24 | €58,685 | €47,728 | -€10,958 | -18.7% |
| Current assets | 29/58 | €131,782 | €308,284 | +€176,502 | +133.9% |
| Stocks and contracts in progress | 3 | - | €44,883 | +€44,883 | |
| Stocks | 30/36 | - | €44,883 | +€44,883 | |
| Amounts receivable within one year | 40/41 | €68,942 | €145,188 | +€76,246 | +110.6% |
| Trade receivables | 40 | €64,336 | €130,755 | +€66,419 | +103.2% |
| Other amounts receivable | 41 | €4,607 | €14,433 | +€9,826 | +213.3% |
| Cash at bank and in hand | 54/58 | €62,839 | €118,213 | +€55,373 | +88.1% |
| Total equity and liabilities | 10/49 | €224,526 | €379,987 | +€155,462 | +69.2% |
| Equity | 10/15 | -€3,821 | €81,306 | +€85,127 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,281 | €60,846 | +€85,127 | |
| Amounts payable | 17/49 | €228,347 | €298,682 | +€70,335 | +30.8% |
| Amounts payable after more than one year | 17 | €27,869 | €20,035 | -€7,834 | -28.1% |
| Financial debts | 170/4 | €27,869 | €20,035 | -€7,834 | -28.1% |
| Amounts payable within one year | 42/48 | €200,478 | €278,646 | +€78,168 | +39.0% |
| Current portion of amounts payable after more than one year | 42 | €182,411 | €182,834 | +€422 | +0.2% |
| Trade debts | 44 | - | €72,605 | +€72,605 | |
| Suppliers | 440/4 | - | €72,605 | +€72,605 | |
| Taxes, remuneration and social security | 45 | €2,294 | €921 | -€1,374 | -59.9% |
| Taxes | 450/3 | €2,294 | €921 | -€1,374 | -59.9% |
| Other amounts payable | 47/48 | €15,772 | €22,287 | +€6,515 | +41.3% |
| Remuneration, social security and pensions | 62 | €1,092 | - | -€1,092 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,716 | €21,041 | +€3,325 | +18.8% |
| Other operating charges | 640/8 | €810 | €62 | -€748 | -92.3% |
| Gross operating margin | 9900 | -€13,446 | €119,838 | +€133,284 | |
| Operating profit (loss) | 9901 | -€33,064 | €98,735 | +€131,800 | |
| Financial income | 75/76B | €211 | €87 | -€123 | -58.6% |
| Recurring financial income | 75 | €211 | €87 | -€123 | -58.6% |
| Financial charges | 65/66B | €8,659 | €13,508 | +€4,849 | +56.0% |
| Recurring financial charges | 65 | €8,659 | €13,508 | +€4,849 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | -€41,512 | €85,314 | +€126,827 | |
| Income taxes | 67/77 | €278 | €188 | -€91 | -32.6% |
| Profit (loss) for the period | 9904 | -€41,790 | €85,127 | +€126,917 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,790 | €85,127 | +€126,917 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.