BABELOES: 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.
BABELOES
Largest movements
- Cash -€101,591
down €101,591 (-88.6%), from €114,636 to €13,044
mainly Trade debts (-€49,270) and Receivables within one year (-€42,542)
- Receivables within one year +€42,542
up €42,542 (+35.2%), from €120,945 to €163,487
of which Other amounts receivable: +€136,491
- Tangible fixed assets -€5,859
down €5,859 (-47.0%), from €12,463 to €6,603
- Trade debts -€49,270
down €49,270 (-99.5%), from €49,506 to €236
- Tax, wage and social debts -€5,916
down €5,916 (-46.4%), from €12,745 to €6,829
of which Taxes: -€5,916
- Profit (loss) carried forward -€5,552
down €5,552 (-3.3%), from €167,661 to €162,109
- Other debts -€4,170
down €4,170 (-51.3%), from €8,131 to €3,961
- Taxes +€9,870
up €9,870 (+3250.7%), from €304 to €10,174
- Gross operating margin +€9,689
up €9,689 (+625.8%), from €1,548 to €11,237
- Other operating charges +€453
up €453 (+730.6%), from €62 to €515
- Financial charges +€134
up €134 (+126.5%), from €106 to €241
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 | €248,043 | €183,135 | -€64,908 | -26.2% |
| Fixed assets | 21/28 | €12,463 | €6,603 | -€5,859 | -47.0% |
| Tangible fixed assets | 22/27 | €12,463 | €6,603 | -€5,859 | -47.0% |
| Furniture and vehicles | 24 | €12,463 | €6,603 | -€5,859 | -47.0% |
| Current assets | 29/58 | €235,581 | €176,532 | -€59,049 | -25.1% |
| Amounts receivable within one year | 40/41 | €120,945 | €163,487 | +€42,542 | +35.2% |
| Trade receivables | 40 | €103,629 | €9,680 | -€93,949 | -90.7% |
| Other amounts receivable | 41 | €17,316 | €153,807 | +€136,491 | +788.2% |
| Cash at bank and in hand | 54/58 | €114,636 | €13,044 | -€101,591 | -88.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €248,043 | €183,135 | -€64,908 | -26.2% |
| Equity | 10/15 | €177,661 | €172,109 | -€5,552 | -3.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,661 | €162,109 | -€5,552 | -3.3% |
| Amounts payable | 17/49 | €70,383 | €11,026 | -€59,356 | -84.3% |
| Amounts payable within one year | 42/48 | €70,383 | €11,026 | -€59,356 | -84.3% |
| Trade debts | 44 | €49,506 | €236 | -€49,270 | -99.5% |
| Suppliers | 440/4 | €49,506 | €236 | -€49,270 | -99.5% |
| Taxes, remuneration and social security | 45 | €12,745 | €6,829 | -€5,916 | -46.4% |
| Taxes | 450/3 | €12,745 | €6,829 | -€5,916 | -46.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,131 | €3,961 | -€4,170 | -51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,859 | €5,859 | = | 0.0% |
| Other operating charges | 640/8 | €62 | €515 | +€453 | +730.6% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €1,548 | €11,237 | +€9,689 | +625.8% |
| Operating profit (loss) | 9901 | -€4,373 | €4,863 | +€9,236 | |
| Financial charges | 65/66B | €106 | €241 | +€134 | +126.5% |
| Recurring financial charges | 65 | €106 | €241 | +€134 | +126.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,479 | €4,622 | +€9,101 | |
| Income taxes | 67/77 | €304 | €10,174 | +€9,870 | +3250.7% |
| Profit (loss) for the period | 9904 | -€4,783 | -€5,552 | -€769 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,783 | -€5,552 | -€769 | -16.1% |
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 8 October 2026 via checked.be.