Babel Project management & Information system: 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 Project management & Information system
Largest movements
- Cash -€65,807
down €65,807 (-19.8%), from €332,343 to €266,537
mainly Contributions, distributions and other (-€214,200) and Current investments (-€48,280)
- Current investments +€48,280
up €48,280 (+32.2%), from €150,000 to €198,280
- Tangible fixed assets -€13,583
down €13,583 (-58.7%), from €23,123 to €9,540
- Other debts +€198,617
up €198,617 (+338%), from €58,800 to €257,417
- Reserves -€195,450
down €195,450 (-52.2%), from €374,300 to €178,850
of which Distributable reserves: -€195,450
- Tax, wage and social debts -€32,825
down €32,825 (-84.4%), from €38,890 to €6,065
- Gross operating margin -€47,483
down €47,483 (-52.3%), from €90,868 to €43,384
- Taxes -€12,709
down €12,709 (-62.7%), from €20,282 to €7,573
- Depreciation -€1,366
down €1,366 (-9.1%), from €14,949 to €13,583
- Financial charges +€1,228
up €1,228 (+12.6%), from €9,753 to €10,981
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 | €592,677 | €563,816 | -€28,861 | -4.9% |
| Fixed assets | 21/28 | €25,623 | €12,040 | -€13,583 | -53.0% |
| Tangible fixed assets | 22/27 | €23,123 | €9,540 | -€13,583 | -58.7% |
| Furniture and vehicles | 24 | €23,123 | €9,540 | -€13,583 | -58.7% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €567,053 | €551,776 | -€15,278 | -2.7% |
| Amounts receivable within one year | 40/41 | €81,646 | €84,063 | +€2,417 | +3.0% |
| Trade receivables | 40 | €71,201 | €12,100 | -€59,101 | -83.0% |
| Other amounts receivable | 41 | €10,445 | €71,963 | +€61,518 | +589% |
| Current investments | 50/53 | €150,000 | €198,280 | +€48,280 | +32.2% |
| Cash at bank and in hand | 54/58 | €332,343 | €266,537 | -€65,807 | -19.8% |
| Deferred charges and accrued income | 490/1 | €3,064 | €2,896 | -€168 | -5.5% |
| Total equity and liabilities | 10/49 | €592,677 | €563,816 | -€28,861 | -4.9% |
| Equity | 10/15 | €381,423 | €185,982 | -€195,442 | -51.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €374,300 | €178,850 | -€195,450 | -52.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €372,440 | €176,990 | -€195,450 | -52.5% |
| Profit (loss) carried forward | 14 | €923 | €932 | +€8 | +0.9% |
| Amounts payable | 17/49 | €211,253 | €377,834 | +€166,580 | +78.9% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €101,726 | €269,343 | +€167,617 | +165% |
| Trade debts | 44 | €4,036 | €5,861 | +€1,825 | +45.2% |
| Suppliers | 440/4 | €4,036 | €5,861 | +€1,825 | +45.2% |
| Taxes, remuneration and social security | 45 | €38,890 | €6,065 | -€32,825 | -84.4% |
| Taxes | 450/3 | €38,890 | €6,065 | -€32,825 | -84.4% |
| Other amounts payable | 47/48 | €58,800 | €257,417 | +€198,617 | +338% |
| Accrued charges and deferred income | 492/3 | €9,528 | €8,491 | -€1,037 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,949 | €13,583 | -€1,366 | -9.1% |
| Other operating charges | 640/8 | €609 | €672 | +€62 | +10.2% |
| Gross operating margin | 9900 | €90,868 | €43,384 | -€47,483 | -52.3% |
| Operating profit (loss) | 9901 | €75,309 | €29,129 | -€46,180 | -61.3% |
| Financial income | 75/76B | €7,876 | €8,183 | +€307 | +3.9% |
| Recurring financial income | 75 | €7,876 | €8,183 | +€307 | +3.9% |
| Financial charges | 65/66B | €9,753 | €10,981 | +€1,228 | +12.6% |
| Recurring financial charges | 65 | €9,753 | €10,981 | +€1,228 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €73,432 | €26,331 | -€47,101 | -64.1% |
| Income taxes | 67/77 | €20,282 | €7,573 | -€12,709 | -62.7% |
| Profit (loss) for the period | 9904 | €53,150 | €18,758 | -€34,392 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €53,150 | €18,758 | -€34,392 | -64.7% |
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 19 October 2026 via checked.be.