Babimex: 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.
Babimex
Largest movements
- Receivables within one year +€275,906
up €275,906 (+73.6%), from €375,103 to €651,009
of which Other amounts receivable: +€378,419
- Financial fixed assets -€82,697
down €82,697 (-26.0%), from €317,702 to €235,005
- Stocks and contracts -€34,377
down €34,377 (-3.6%), from €958,062 to €923,685
- Intangible fixed assets +€29,745
up €29,745 (+301.9%), from €9,852 to €39,597
- Tangible fixed assets -€27,256
down €27,256 (-43.8%), from €62,170 to €34,914
of which Furniture and vehicles: -€31,542
- Contributions +€200,000
up €200,000 (+32.3%), from €620,000 to €820,000
of which Outside capital: +€200,000
- Profit (loss) carried forward -€99,080
down €99,080, from €69,224 to -€29,856
- Trade debts +€87,452
up €87,452 (+37.3%), from €234,409 to €321,861
- Other debts -€82,923
down €82,923 (-34.2%), from €242,314 to €159,391
- Tax, wage and social debts +€58,238
up €58,238 (+318.9%), from €18,260 to €76,498
of which Taxes: +€56,878
- Gross operating margin -€128,019
down €128,019 (-44.5%), from €287,896 to €159,877
- Staff costs -€23,994
down €23,994 (-10.2%), from €235,476 to €211,482
- Financial charges +€6,339
up €6,339 (+47.6%), from €13,321 to €19,660
- Write-downs -€5,507
down €5,507 (-59.8%), from €9,215 to €3,708
- Financial income +€5,307
up €5,307 (+31.6%), from €16,798 to €22,105
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,726,229 | €1,884,843 | +€158,614 | +9.2% |
| Fixed assets | 21/28 | €389,725 | €309,516 | -€80,209 | -20.6% |
| Intangible fixed assets | 21 | €9,852 | €39,597 | +€29,745 | +301.9% |
| Tangible fixed assets | 22/27 | €62,170 | €34,914 | -€27,256 | -43.8% |
| Plant, machinery and equipment | 23 | €13,932 | €18,218 | +€4,286 | +30.8% |
| Furniture and vehicles | 24 | €48,238 | €16,696 | -€31,542 | -65.4% |
| Financial fixed assets | 28 | €317,702 | €235,005 | -€82,697 | -26.0% |
| Current assets | 29/58 | €1,336,505 | €1,575,327 | +€238,822 | +17.9% |
| Stocks and contracts in progress | 3 | €958,062 | €923,685 | -€34,377 | -3.6% |
| Stocks | 30/36 | €958,062 | €923,685 | -€34,377 | -3.6% |
| Amounts receivable within one year | 40/41 | €375,103 | €651,009 | +€275,906 | +73.6% |
| Trade receivables | 40 | €202,526 | €100,013 | -€102,513 | -50.6% |
| Other amounts receivable | 41 | €172,577 | €550,996 | +€378,419 | +219.3% |
| Cash at bank and in hand | 54/58 | €2,931 | €633 | -€2,298 | -78.4% |
| Deferred charges and accrued income | 490/1 | €408 | - | -€408 | |
| Total equity and liabilities | 10/49 | €1,726,229 | €1,884,843 | +€158,614 | +9.2% |
| Equity | 10/15 | €865,455 | €966,375 | +€100,920 | +11.7% |
| Contributions | 10/11 | €620,000 | €820,000 | +€200,000 | +32.3% |
| Capital | 10 | €620,000 | €620,000 | = | 0.0% |
| Issued capital | 100 | €620,000 | €620,000 | = | 0.0% |
| Outside capital | 11 | - | €200,000 | +€200,000 | |
| Other | 1109/19 | - | €200,000 | +€200,000 | |
| Reserves | 13 | €176,231 | €176,231 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €35,000 | €36,469 | +€1,469 | +4.2% |
| Legal reserve | 130 | €35,000 | €35,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €1,469 | +€1,469 | |
| Tax-exempt reserves | 132 | €1,469 | - | -€1,469 | |
| Distributable reserves | 133 | €139,762 | €139,762 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €69,224 | -€29,856 | -€99,080 | |
| Amounts payable | 17/49 | €860,774 | €918,468 | +€57,694 | +6.7% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €756,104 | €810,933 | +€54,829 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €4,744 | - | -€4,744 | |
| Financial debts | 43 | €256,376 | €253,183 | -€3,193 | -1.2% |
| Credit institutions | 430/8 | €256,376 | €253,183 | -€3,193 | -1.2% |
| Trade debts | 44 | €234,409 | €321,861 | +€87,452 | +37.3% |
| Suppliers | 440/4 | €234,409 | €321,861 | +€87,452 | +37.3% |
| Taxes, remuneration and social security | 45 | €18,260 | €76,498 | +€58,238 | +318.9% |
| Taxes | 450/3 | €1,264 | €58,142 | +€56,878 | +4498.2% |
| Remuneration and social security | 454/9 | €16,996 | €18,356 | +€1,360 | +8.0% |
| Other amounts payable | 47/48 | €242,314 | €159,391 | -€82,923 | -34.2% |
| Accrued charges and deferred income | 492/3 | €4,670 | €7,535 | +€2,865 | +61.3% |
| Remuneration, social security and pensions | 62 | €235,476 | €211,482 | -€23,994 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,676 | €21,945 | -€731 | -3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,215 | €3,708 | -€5,507 | -59.8% |
| Other operating charges | 640/8 | €12,816 | €15,847 | +€3,031 | +23.7% |
| Gross operating margin | 9900 | €287,896 | €159,877 | -€128,019 | -44.5% |
| Operating profit (loss) | 9901 | €7,713 | -€93,105 | -€100,818 | |
| Financial income | 75/76B | €16,798 | €22,105 | +€5,307 | +31.6% |
| Recurring financial income | 75 | €16,798 | €22,105 | +€5,307 | +31.6% |
| Financial charges | 65/66B | €13,321 | €19,660 | +€6,339 | +47.6% |
| Recurring financial charges | 65 | €13,321 | €19,660 | +€6,339 | +47.6% |
| Profit (loss) for the period before taxes | 9903 | €11,190 | -€90,660 | -€101,850 | |
| Income taxes | 67/77 | -€398 | - | +€398 | |
| Profit (loss) for the period | 9904 | €11,588 | -€90,660 | -€102,248 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,588 | -€90,660 | -€102,248 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.