BABEL ART: 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 ART
Largest movements
- Receivables within one year +€16,403
up €16,403 (+69.3%), from €23,674 to €40,077
of which Trade receivables: +€13,162
- Tangible fixed assets +€3,000
new in 2025: €3,000
- Cash +€1,331
up €1,331 (+292%), from €456 to €1,787
mainly Tax, wage and social debts (+€13,728) and Net result for the year (+€8,953)
- Tax, wage and social debts +€13,728
new in 2025: €13,728
- Profit (loss) carried forward +€8,953
up €8,953 (+51.3%), from €17,439 to €26,392
- Trade debts -€1,947
down €1,947 (-72.4%), from €2,691 to €744
- Gross operating margin +€6,033
up €6,033 (+91.0%), from €6,632 to €12,665
- Depreciation +€1,500
new in 2025: €1,500
- Taxes +€1,355
new in 2025: €1,355
- Financial income -€425
no longer reported in 2025 (was €425)
- Other operating charges +€328
up €328 (+70.7%), from €465 to €793
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 | €24,129 | €44,864 | +€20,735 | +85.9% |
| Fixed assets | 21/28 | - | €3,000 | +€3,000 | |
| Tangible fixed assets | 22/27 | - | €3,000 | +€3,000 | |
| Furniture and vehicles | 24 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €24,129 | €41,864 | +€17,735 | +73.5% |
| Amounts receivable within one year | 40/41 | €23,674 | €40,077 | +€16,403 | +69.3% |
| Trade receivables | 40 | €13,125 | €26,286 | +€13,162 | +100% |
| Other amounts receivable | 41 | €10,549 | €13,790 | +€3,242 | +30.7% |
| Cash at bank and in hand | 54/58 | €456 | €1,787 | +€1,331 | +292% |
| Total equity and liabilities | 10/49 | €24,129 | €44,864 | +€20,735 | +85.9% |
| Equity | 10/15 | €21,439 | €30,392 | +€8,953 | +41.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,439 | €26,392 | +€8,953 | +51.3% |
| Amounts payable | 17/49 | €2,691 | €14,472 | +€11,781 | +438% |
| Amounts payable within one year | 42/48 | €2,691 | €14,472 | +€11,781 | +438% |
| Trade debts | 44 | €2,691 | €744 | -€1,947 | -72.4% |
| Suppliers | 440/4 | €2,691 | €744 | -€1,947 | -72.4% |
| Taxes, remuneration and social security | 45 | - | €13,728 | +€13,728 | |
| Remuneration and social security | 454/9 | - | €13,728 | +€13,728 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,500 | +€1,500 | |
| Other operating charges | 640/8 | €465 | €793 | +€328 | +70.7% |
| Gross operating margin | 9900 | €6,632 | €12,665 | +€6,033 | +91.0% |
| Operating profit (loss) | 9901 | €6,167 | €10,372 | +€4,205 | +68.2% |
| Financial income | 75/76B | €425 | - | -€425 | |
| Recurring financial income | 75 | €425 | - | -€425 | |
| Financial charges | 65/66B | €61 | €64 | +€3 | +5.1% |
| Recurring financial charges | 65 | €61 | €64 | +€3 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €6,531 | €10,308 | +€3,777 | +57.8% |
| Income taxes | 67/77 | - | €1,355 | +€1,355 | |
| Profit (loss) for the period | 9904 | €6,531 | €8,953 | +€2,422 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,531 | €8,953 | +€2,422 | +37.1% |
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 18 October 2026 via checked.be.