BABCO: 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.
BABCO
Largest movements
- Receivables within one year +€3,801
up €3,801 (+9.7%), from €39,354 to €43,155
of which Trade receivables: +€4,269
- Reserves +€39,369
up €39,369 (+19.8%), from €199,092 to €238,461
- Debts after one year -€31,718
down €31,718 (-100%), from €31,718 to €0
- Tax, wage and social debts +€20,100
up €20,100 (+75.8%), from €26,509 to €46,609
- Accrued charges and deferred income -€15,752
down €15,752 (-81.6%), from €19,300 to €3,549
- Other debts -€5,531
down €5,531 (-57.8%), from €9,575 to €4,044
- Financial charges -€2,730
down €2,730 (-36.4%), from €7,491 to €4,761
- Gross operating margin -€2,424
down €2,424 (-3.6%), from €67,310 to €64,886
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 | €341,764 | €347,738 | +€5,974 | +1.7% |
| Fixed assets | 21/28 | €300,449 | €300,017 | -€431 | -0.1% |
| Tangible fixed assets | 22/27 | €449 | €17 | -€431 | -96.1% |
| Plant, machinery and equipment | 23 | €237 | €0 | -€237 | -100% |
| Furniture and vehicles | 24 | €212 | €17 | -€195 | -91.8% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €41,316 | €47,721 | +€6,405 | +15.5% |
| Amounts receivable within one year | 40/41 | €39,354 | €43,155 | +€3,801 | +9.7% |
| Trade receivables | 40 | €34,190 | €38,459 | +€4,269 | +12.5% |
| Other amounts receivable | 41 | €5,164 | €4,696 | -€469 | -9.1% |
| Cash at bank and in hand | 54/58 | €1,961 | €4,566 | +€2,605 | +133% |
| Total equity and liabilities | 10/49 | €341,764 | €347,738 | +€5,974 | +1.7% |
| Equity | 10/15 | €221,092 | €260,461 | +€39,369 | +17.8% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €199,092 | €238,461 | +€39,369 | +19.8% |
| Distributable reserves | 133 | €199,092 | €238,461 | +€39,369 | +19.8% |
| Amounts payable | 17/49 | €120,672 | €87,277 | -€33,395 | -27.7% |
| Amounts payable after more than one year | 17 | €31,718 | €0 | -€31,718 | -100% |
| Financial debts | 170/4 | €31,718 | €0 | -€31,718 | -100% |
| Amounts payable within one year | 42/48 | €69,654 | €83,728 | +€14,074 | +20.2% |
| Current portion of amounts payable after more than one year | 42 | €29,968 | €31,718 | +€1,750 | +5.8% |
| Trade debts | 44 | €3,602 | €1,358 | -€2,244 | -62.3% |
| Suppliers | 440/4 | €3,602 | €1,358 | -€2,244 | -62.3% |
| Taxes, remuneration and social security | 45 | €26,509 | €46,609 | +€20,100 | +75.8% |
| Taxes | 450/3 | €26,509 | €46,609 | +€20,100 | +75.8% |
| Other amounts payable | 47/48 | €9,575 | €4,044 | -€5,531 | -57.8% |
| Accrued charges and deferred income | 492/3 | €19,300 | €3,549 | -€15,752 | -81.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €686 | €431 | -€255 | -37.1% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €67,310 | €64,886 | -€2,424 | -3.6% |
| Operating profit (loss) | 9901 | €66,119 | €63,935 | -€2,184 | -3.3% |
| Financial income | 75/76B | €156 | €267 | +€111 | +70.7% |
| Recurring financial income | 75 | €156 | €267 | +€111 | +70.7% |
| Financial charges | 65/66B | €7,491 | €4,761 | -€2,730 | -36.4% |
| Recurring financial charges | 65 | €7,491 | €4,761 | -€2,730 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €58,785 | €59,441 | +€656 | +1.1% |
| Income taxes | 67/77 | €20,089 | €20,072 | -€17 | -0.1% |
| Profit (loss) for the period | 9904 | €38,696 | €39,369 | +€673 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,696 | €39,369 | +€673 | +1.7% |
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 14 October 2026 via checked.be.