BABACAR: 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.
BABACAR
Largest movements
- Cash -€37,841
down €37,841 (-19.2%), from €197,196 to €159,354
mainly Contributions, distributions and other (-€34,842) and Trade debts (-€21,709)
- Tangible fixed assets -€12,684
down €12,684 (-24.8%), from €51,084 to €38,400
of which Furniture and vehicles: -€12,784
- Receivables within one year +€4,605
up €4,605 (+16.0%), from €28,787 to €33,393
of which Other amounts receivable: +€3,450
- Profit (loss) carried forward -€34,097
down €34,097 (-100.0%), from €34,097 to €0
- Trade debts -€21,709
down €21,709 (-68.5%), from €31,704 to €9,996
- Reserves +€21,428
up €21,428 (+11.2%), from €190,625 to €212,054
of which Distributable reserves: +€21,428
- Tax, wage and social debts -€7,903
down €7,903 (-38.0%), from €20,810 to €12,907
of which Remuneration and social security: -€6,023
- Debts after one year -€4,928
down €4,928 (-74.8%), from €6,587 to €1,659
- Staff costs -€13,125
down €13,125 (-10.0%), from €131,743 to €118,618
- Financial charges +€9,554
up €9,554 (+978.5%), from €976 to €10,530
- Gross operating margin -€5,417
down €5,417 (-3.0%), from €182,571 to €177,154
- Depreciation -€3,677
down €3,677 (-20.4%), from €18,011 to €14,334
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 | €312,796 | €265,983 | -€46,814 | -15.0% |
| Fixed assets | 21/28 | €53,616 | €40,932 | -€12,684 | -23.7% |
| Tangible fixed assets | 22/27 | €51,084 | €38,400 | -€12,684 | -24.8% |
| Plant, machinery and equipment | 23 | €924 | €1,946 | +€1,022 | +110.6% |
| Furniture and vehicles | 24 | €45,602 | €32,817 | -€12,784 | -28.0% |
| Other tangible fixed assets | 26 | €4,559 | €3,637 | -€922 | -20.2% |
| Financial fixed assets | 28 | €2,532 | €2,532 | = | 0.0% |
| Current assets | 29/58 | €259,180 | €225,051 | -€34,129 | -13.2% |
| Stocks and contracts in progress | 3 | €31,195 | €30,320 | -€875 | -2.8% |
| Stocks | 30/36 | €31,195 | €30,320 | -€875 | -2.8% |
| Amounts receivable within one year | 40/41 | €28,787 | €33,393 | +€4,605 | +16.0% |
| Trade receivables | 40 | €7,894 | €9,049 | +€1,155 | +14.6% |
| Other amounts receivable | 41 | €20,894 | €24,344 | +€3,450 | +16.5% |
| Cash at bank and in hand | 54/58 | €197,196 | €159,354 | -€37,841 | -19.2% |
| Deferred charges and accrued income | 490/1 | €2,002 | €1,984 | -€18 | -0.9% |
| Total equity and liabilities | 10/49 | €312,796 | €265,983 | -€46,814 | -15.0% |
| Equity | 10/15 | €243,322 | €230,654 | -€12,669 | -5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €190,625 | €212,054 | +€21,428 | +11.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,143 | €10,143 | = | 0.0% |
| Distributable reserves | 133 | €178,622 | €200,051 | +€21,428 | +12.0% |
| Profit (loss) carried forward | 14 | €34,097 | €0 | -€34,097 | -100.0% |
| Amounts payable | 17/49 | €69,474 | €35,329 | -€34,145 | -49.1% |
| Amounts payable after more than one year | 17 | €6,587 | €1,659 | -€4,928 | -74.8% |
| Financial debts | 170/4 | €6,587 | €1,659 | -€4,928 | -74.8% |
| Amounts payable within one year | 42/48 | €60,005 | €31,060 | -€28,944 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €4,856 | €4,928 | +€72 | +1.5% |
| Trade debts | 44 | €31,704 | €9,996 | -€21,709 | -68.5% |
| Suppliers | 440/4 | €31,704 | €9,996 | -€21,709 | -68.5% |
| Taxes, remuneration and social security | 45 | €20,810 | €12,907 | -€7,903 | -38.0% |
| Taxes | 450/3 | €3,554 | €1,674 | -€1,879 | -52.9% |
| Remuneration and social security | 454/9 | €17,256 | €11,233 | -€6,023 | -34.9% |
| Other amounts payable | 47/48 | €2,635 | €3,229 | +€594 | +22.6% |
| Accrued charges and deferred income | 492/3 | €2,882 | €2,610 | -€272 | -9.4% |
| Remuneration, social security and pensions | 62 | €131,743 | €118,618 | -€13,125 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,011 | €14,334 | -€3,677 | -20.4% |
| Other operating charges | 640/8 | €1,016 | €853 | -€163 | -16.0% |
| Gross operating margin | 9900 | €182,571 | €177,154 | -€5,417 | -3.0% |
| Operating profit (loss) | 9901 | €31,801 | €43,350 | +€11,548 | +36.3% |
| Financial income | 75/76B | €215 | €61 | -€154 | -71.6% |
| Recurring financial income | 75 | €215 | €61 | -€154 | -71.6% |
| Financial charges | 65/66B | €976 | €10,530 | +€9,554 | +978.5% |
| Recurring financial charges | 65 | €976 | €10,530 | +€9,554 | +978.5% |
| Profit (loss) for the period before taxes | 9903 | €31,040 | €32,881 | +€1,840 | +5.9% |
| Income taxes | 67/77 | €10,129 | €10,708 | +€578 | +5.7% |
| Profit (loss) for the period | 9904 | €20,911 | €22,173 | +€1,262 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,911 | €22,173 | +€1,262 | +6.0% |
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 4 October 2026 via checked.be.