Babeva: 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.
Babeva
Largest movements
- Tangible fixed assets +€73,390
up €73,390 (+27.4%), from €268,134 to €341,525
of which Land and buildings: +€88,232
- Cash -€34,864
down €34,864 (-99.5%), from €35,024 to €160
mainly Current portion of long-term debt (-€170,327) and Investment in fixed assets (net) (-€94,871)
- Receivables after one year -€23,455
down €23,455 (-8.2%), from €285,342 to €261,887
- Current portion of long-term debt -€170,327
down €170,327 (-46.3%), from €367,730 to €197,404
- Short-term financial debts +€116,270
up €116,270 (+859.6%), from €13,526 to €129,796
- Profit (loss) carried forward +€86,809
up €86,809 (+70.4%), from €123,350 to €210,160
- Debts after one year -€66,762
down €66,762 (-4.8%), from €1.4m to €1.3m
of which Financial debts: -€66,762
- Trade debts +€53,719
up €53,719 (+346.1%), from €15,521 to €69,240
- Gross operating margin -€52,576
down €52,576 (-23.3%), from €225,813 to €173,237
- Taxes -€12,409
down €12,409 (-29.4%), from €42,159 to €29,750
- Other operating charges -€10,974
down €10,974 (-75.5%), from €14,527 to €3,552
- Financial charges +€6,898
up €6,898 (+26.6%), from €25,884 to €32,782
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 | €2,006,362 | €2,022,664 | +€16,303 | +0.8% |
| Fixed assets | 21/28 | €1,609,456 | €1,682,846 | +€73,390 | +4.6% |
| Tangible fixed assets | 22/27 | €268,134 | €341,525 | +€73,390 | +27.4% |
| Land and buildings | 22 | €250,005 | €338,237 | +€88,232 | +35.3% |
| Furniture and vehicles | 24 | €18,129 | €3,288 | -€14,841 | -81.9% |
| Financial fixed assets | 28 | €1,341,322 | €1,341,322 | = | 0.0% |
| Current assets | 29/58 | €396,906 | €339,818 | -€57,088 | -14.4% |
| Amounts receivable after more than one year | 29 | €285,342 | €261,887 | -€23,455 | -8.2% |
| Other amounts receivable | 291 | €285,342 | €261,887 | -€23,455 | -8.2% |
| Amounts receivable within one year | 40/41 | €75,545 | €75,928 | +€384 | +0.5% |
| Trade receivables | 40 | €42,760 | €50,000 | +€7,240 | +16.9% |
| Other amounts receivable | 41 | €32,785 | €25,928 | -€6,856 | -20.9% |
| Cash at bank and in hand | 54/58 | €35,024 | €160 | -€34,864 | -99.5% |
| Deferred charges and accrued income | 490/1 | €996 | €1,842 | +€847 | +85.0% |
| Total equity and liabilities | 10/49 | €2,006,362 | €2,022,664 | +€16,303 | +0.8% |
| Equity | 10/15 | €128,350 | €215,160 | +€86,809 | +67.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,350 | €210,160 | +€86,809 | +70.4% |
| Amounts payable | 17/49 | €1,878,011 | €1,807,505 | -€70,507 | -3.8% |
| Amounts payable after more than one year | 17 | €1,377,372 | €1,310,610 | -€66,762 | -4.8% |
| Financial debts | 170/4 | €867,909 | €801,147 | -€66,762 | -7.7% |
| Other amounts payable | 178/9 | €509,463 | €509,463 | = | 0.0% |
| Amounts payable within one year | 42/48 | €500,612 | €496,367 | -€4,245 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €367,730 | €197,404 | -€170,327 | -46.3% |
| Financial debts | 43 | €13,526 | €129,796 | +€116,270 | +859.6% |
| Credit institutions | 430/8 | €13,526 | €129,796 | +€116,270 | +859.6% |
| Trade debts | 44 | €15,521 | €69,240 | +€53,719 | +346.1% |
| Suppliers | 440/4 | €15,521 | €69,240 | +€53,719 | +346.1% |
| Advances received on contracts in progress | 46 | - | €10,765 | +€10,765 | |
| Taxes, remuneration and social security | 45 | €19,594 | €22,874 | +€3,280 | +16.7% |
| Taxes | 450/3 | €18,042 | €12,646 | -€5,396 | -29.9% |
| Remuneration and social security | 454/9 | €1,552 | €10,228 | +€8,676 | +559.1% |
| Other amounts payable | 47/48 | €84,241 | €66,289 | -€17,952 | -21.3% |
| Accrued charges and deferred income | 492/3 | €28 | €527 | +€500 | +1813.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,377 | €21,480 | +€1,104 | +5.4% |
| Other operating charges | 640/8 | €14,527 | €3,552 | -€10,974 | -75.5% |
| Gross operating margin | 9900 | €225,813 | €173,237 | -€52,576 | -23.3% |
| Operating profit (loss) | 9901 | €190,910 | €148,205 | -€42,705 | -22.4% |
| Financial income | 75/76B | €485 | €1,137 | +€653 | +134.7% |
| Recurring financial income | 75 | €485 | €1,137 | +€653 | +134.7% |
| Financial charges | 65/66B | €25,884 | €32,782 | +€6,898 | +26.6% |
| Recurring financial charges | 65 | €25,884 | €32,782 | +€6,898 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | €165,510 | €116,560 | -€48,950 | -29.6% |
| Income taxes | 67/77 | €42,159 | €29,750 | -€12,409 | -29.4% |
| Profit (loss) for the period | 9904 | €123,350 | €86,809 | -€36,541 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €123,350 | €86,809 | -€36,541 | -29.6% |
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 12 October 2026 via checked.be.