BABECERO: 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.
BABECERO
Largest movements
- Cash -€16,396
down €16,396 (-13.8%), from €118,834 to €102,438
mainly Debts after one year (-€15,759) and Investment in fixed assets (net) (-€14,688)
- Debts after one year -€15,759
down €15,759 (-42.0%), from €37,548 to €21,789
- Other debts +€8,429
up €8,429 (+5.9%), from €142,545 to €150,974
- Reserves -€6,300
down €6,300 (-10.4%), from €60,401 to €54,101
of which Distributable reserves: -€6,300
- Gross operating margin -€13,174
down €13,174 (-27.2%), from €48,519 to €35,346
- Taxes +€1,385
up €1,385 (+27.5%), from €5,041 to €6,426
- Financial charges -€1,059
down €1,059 (-12.3%), from €8,615 to €7,556
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 | €580,182 | €564,557 | -€15,625 | -2.7% |
| Fixed assets | 21/28 | €457,845 | €453,006 | -€4,839 | -1.1% |
| Tangible fixed assets | 22/27 | €457,845 | €453,006 | -€4,839 | -1.1% |
| Land and buildings | 22 | €451,167 | €447,598 | -€3,570 | -0.8% |
| Plant, machinery and equipment | 23 | €5,673 | €4,807 | -€866 | -15.3% |
| Furniture and vehicles | 24 | €1,005 | €602 | -€403 | -40.1% |
| Current assets | 29/58 | €122,337 | €111,551 | -€10,786 | -8.8% |
| Stocks and contracts in progress | 3 | €1,100 | €1,100 | = | 0.0% |
| Stocks | 30/36 | €1,100 | €1,100 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,402 | €7,968 | +€5,565 | +231.7% |
| Trade receivables | 40 | - | €230 | +€230 | |
| Other amounts receivable | 41 | €2,402 | €7,738 | +€5,335 | +222.1% |
| Cash at bank and in hand | 54/58 | €118,834 | €102,438 | -€16,396 | -13.8% |
| Deferred charges and accrued income | 490/1 | - | €45 | +€45 | |
| Total equity and liabilities | 10/49 | €580,182 | €564,557 | -€15,625 | -2.7% |
| Equity | 10/15 | €367,964 | €357,499 | -€10,466 | -2.8% |
| Contributions | 10/11 | €307,563 | €307,563 | = | 0.0% |
| Capital | 10 | €307,563 | €307,563 | = | 0.0% |
| Issued capital | 100 | €315,000 | €315,000 | = | 0.0% |
| Uncalled capital | 101 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €60,401 | €54,101 | -€6,300 | -10.4% |
| Non-distributable reserves | 130/1 | €8,200 | €8,200 | = | 0.0% |
| Legal reserve | 130 | €8,200 | €8,200 | = | 0.0% |
| Distributable reserves | 133 | €52,201 | €45,901 | -€6,300 | -12.1% |
| Profit (loss) carried forward | 14 | - | -€4,166 | -€4,166 | |
| Amounts payable | 17/49 | €212,218 | €207,059 | -€5,159 | -2.4% |
| Amounts payable after more than one year | 17 | €37,548 | €21,789 | -€15,759 | -42.0% |
| Financial debts | 170/4 | €37,548 | €21,789 | -€15,759 | -42.0% |
| Amounts payable within one year | 42/48 | €171,955 | €181,845 | +€9,890 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €15,277 | €15,759 | +€482 | +3.2% |
| Trade debts | 44 | €956 | €3,688 | +€2,732 | +285.7% |
| Suppliers | 440/4 | €956 | €3,688 | +€2,732 | +285.7% |
| Advances received on contracts in progress | 46 | €7,883 | €5,952 | -€1,931 | -24.5% |
| Taxes, remuneration and social security | 45 | €5,294 | €5,472 | +€177 | +3.3% |
| Taxes | 450/3 | €5,294 | €5,472 | +€177 | +3.3% |
| Other amounts payable | 47/48 | €142,545 | €150,974 | +€8,429 | +5.9% |
| Accrued charges and deferred income | 492/3 | €2,715 | €3,425 | +€710 | +26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,058 | €19,528 | +€470 | +2.5% |
| Other operating charges | 640/8 | €5,933 | €6,002 | +€69 | +1.2% |
| Gross operating margin | 9900 | €48,519 | €35,346 | -€13,174 | -27.2% |
| Operating profit (loss) | 9901 | €23,529 | €9,816 | -€13,712 | -58.3% |
| Financial charges | 65/66B | €8,615 | €7,556 | -€1,059 | -12.3% |
| Recurring financial charges | 65 | €8,615 | €7,556 | -€1,059 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €14,913 | €2,261 | -€12,653 | -84.8% |
| Income taxes | 67/77 | €5,041 | €6,426 | +€1,385 | +27.5% |
| Profit (loss) for the period | 9904 | €9,872 | -€4,166 | -€14,038 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,872 | -€4,166 | -€14,038 |
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 5 October 2026 via checked.be.