BABEL: 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.
BABEL
Largest movements
- Cash -€39,456
down €39,456 (-41.8%), from €94,325 to €54,870
mainly Other debts (-€43,133) and Trade debts (-€13,877)
- Receivables within one year -€16,836
down €16,836 (-50.4%), from €33,392 to €16,557
- Receivables after one year -€12,000
no longer reported in 2025 (was €12,000)
- Tangible fixed assets -€11,155
down €11,155 (-17.1%), from €65,282 to €54,126
of which Furniture and vehicles: -€10,511
- Other debts -€43,133
down €43,133 (-93.3%), from €46,248 to €3,115
- Trade debts -€13,877
down €13,877 (-99.8%), from €13,906 to €30
- Profit (loss) carried forward -€11,087
down €11,087, from €10,127 to -€960
- Accrued charges and deferred income -€10,813
no longer reported in 2025 (was €10,813)
- Debts after one year -€10,501
down €10,501 (-24.7%), from €42,487 to €31,986
- Gross operating margin -€44,162
down €44,162 (-72.7%), from €60,746 to €16,584
- Depreciation +€9,453
up €9,453 (+172.7%), from €5,475 to €14,927
- Taxes -€6,179
down €6,179 (-69.4%), from €8,906 to €2,727
- Other operating charges -€4,625
down €4,625 (-55.0%), from €8,407 to €3,782
- Staff costs -€2,192
down €2,192 (-89.7%), from €2,445 to €253
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 | €218,905 | €139,962 | -€78,942 | -36.1% |
| Fixed assets | 21/28 | €70,735 | €59,580 | -€11,155 | -15.8% |
| Tangible fixed assets | 22/27 | €65,282 | €54,126 | -€11,155 | -17.1% |
| Plant, machinery and equipment | 23 | €6,581 | €5,937 | -€645 | -9.8% |
| Furniture and vehicles | 24 | €58,700 | €48,190 | -€10,511 | -17.9% |
| Financial fixed assets | 28 | €5,454 | €5,454 | = | 0.0% |
| Current assets | 29/58 | €148,169 | €80,383 | -€67,787 | -45.7% |
| Amounts receivable after more than one year | 29 | €12,000 | - | -€12,000 | |
| Other amounts receivable | 291 | €12,000 | - | -€12,000 | |
| Stocks and contracts in progress | 3 | €3,629 | €3,629 | = | 0.0% |
| Stocks | 30/36 | €3,629 | €3,629 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,392 | €16,557 | -€16,836 | -50.4% |
| Other amounts receivable | 41 | €33,392 | €16,557 | -€16,836 | -50.4% |
| Cash at bank and in hand | 54/58 | €94,325 | €54,870 | -€39,456 | -41.8% |
| Deferred charges and accrued income | 490/1 | €4,823 | €5,327 | +€505 | +10.5% |
| Total equity and liabilities | 10/49 | €218,905 | €139,962 | -€78,942 | -36.1% |
| Equity | 10/15 | €75,571 | €64,484 | -€11,087 | -14.7% |
| Contributions | 10/11 | €59,494 | €59,494 | = | 0.0% |
| Reserves | 13 | €5,949 | €5,949 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,949 | €5,949 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,949 | €5,949 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,127 | -€960 | -€11,087 | |
| Amounts payable | 17/49 | €143,334 | €75,478 | -€67,855 | -47.3% |
| Amounts payable after more than one year | 17 | €42,487 | €31,986 | -€10,501 | -24.7% |
| Financial debts | 170/4 | €42,487 | €31,986 | -€10,501 | -24.7% |
| Amounts payable within one year | 42/48 | €90,034 | €43,492 | -€46,541 | -51.7% |
| Current portion of amounts payable after more than one year | 42 | €10,114 | €10,501 | +€387 | +3.8% |
| Trade debts | 44 | €13,906 | €30 | -€13,877 | -99.8% |
| Suppliers | 440/4 | €13,906 | €30 | -€13,877 | -99.8% |
| Taxes, remuneration and social security | 45 | €19,765 | €29,847 | +€10,082 | +51.0% |
| Taxes | 450/3 | €19,765 | €29,847 | +€10,082 | +51.0% |
| Other amounts payable | 47/48 | €46,248 | €3,115 | -€43,133 | -93.3% |
| Accrued charges and deferred income | 492/3 | €10,813 | - | -€10,813 | |
| Remuneration, social security and pensions | 62 | €2,445 | €253 | -€2,192 | -89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,475 | €14,927 | +€9,453 | +172.7% |
| Other operating charges | 640/8 | €8,407 | €3,782 | -€4,625 | -55.0% |
| Gross operating margin | 9900 | €60,746 | €16,584 | -€44,162 | -72.7% |
| Operating profit (loss) | 9901 | €44,420 | -€2,377 | -€46,797 | |
| Financial income | 75/76B | €1,185 | €843 | -€341 | -28.8% |
| Recurring financial income | 75 | €1,185 | €843 | -€341 | -28.8% |
| Financial charges | 65/66B | €6,379 | €6,825 | +€446 | +7.0% |
| Recurring financial charges | 65 | €6,379 | €6,825 | +€446 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €39,226 | -€8,360 | -€47,585 | |
| Income taxes | 67/77 | €8,906 | €2,727 | -€6,179 | -69.4% |
| Profit (loss) for the period | 9904 | €30,319 | -€11,087 | -€41,406 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,319 | -€11,087 | -€41,406 |
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 9 October 2026 via checked.be.