BACASABLE: 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.
BACASABLE
Largest movements
- Receivables within one year -€53,770
down €53,770 (-51.1%), from €105,310 to €51,539
of which Other amounts receivable: -€41,642
- Cash -€46,470
down €46,470 (-64.9%), from €71,553 to €25,083
mainly Net result for the year (-€77,340) and Debts after one year (-€63,068)
- Deferred charges and accrued income -€35,867
down €35,867 (-100.0%), from €35,867 to €0
- Tangible fixed assets -€23,454
down €23,454 (-6.3%), from €370,643 to €347,190
of which Land and buildings: -€29,130
- Profit (loss) carried forward -€77,340
down €77,340 (-87.9%), from €88,009 to €10,669
- Debts after one year -€63,068
down €63,068 (-17.0%), from €370,486 to €307,418
of which Financial debts: -€42,342
- Other debts -€41,642
down €41,642 (-100.0%), from €41,642 to €0
- Trade debts +€28,928
up €28,928, from €0 to €28,928
- Tax, wage and social debts -€12,262
down €12,262 (-26.5%), from €46,269 to €34,008
- Other operating charges +€60,362
up €60,362 (+3342.7%), from €1,806 to €62,168
- Gross operating margin -€54,900
down €54,900 (-63.0%), from €87,143 to €32,243
- Financial charges +€10,186
up €10,186 (+174.4%), from €5,840 to €16,026
- Financial income -€2,450
down €2,450 (-100.0%), from €2,450 to €0
- Taxes -€1,146
down €1,146 (-100.0%), from €1,146 to €0
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 | €583,697 | €424,137 | -€159,560 | -27.3% |
| Fixed assets | 21/28 | €370,968 | €347,514 | -€23,454 | -6.3% |
| Tangible fixed assets | 22/27 | €370,643 | €347,190 | -€23,454 | -6.3% |
| Land and buildings | 22 | €369,314 | €340,185 | -€29,130 | -7.9% |
| Plant, machinery and equipment | 23 | €1,178 | €657 | -€521 | -44.2% |
| Furniture and vehicles | 24 | €151 | €6,348 | +€6,197 | +4096.3% |
| Financial fixed assets | 28 | €324 | €324 | = | 0.0% |
| Current assets | 29/58 | €212,730 | €76,623 | -€136,107 | -64.0% |
| Amounts receivable within one year | 40/41 | €105,310 | €51,539 | -€53,770 | -51.1% |
| Trade receivables | 40 | €63,668 | €51,539 | -€12,128 | -19.0% |
| Other amounts receivable | 41 | €41,642 | €0 | -€41,642 | -100.0% |
| Cash at bank and in hand | 54/58 | €71,553 | €25,083 | -€46,470 | -64.9% |
| Deferred charges and accrued income | 490/1 | €35,867 | €0 | -€35,867 | -100.0% |
| Total equity and liabilities | 10/49 | €583,697 | €424,137 | -€159,560 | -27.3% |
| Equity | 10/15 | €108,460 | €31,120 | -€77,340 | -71.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,009 | €10,669 | -€77,340 | -87.9% |
| Amounts payable | 17/49 | €475,237 | €393,017 | -€82,220 | -17.3% |
| Amounts payable after more than one year | 17 | €370,486 | €307,418 | -€63,068 | -17.0% |
| Financial debts | 170/4 | €203,486 | €161,144 | -€42,342 | -20.8% |
| Other amounts payable | 178/9 | €167,000 | €146,274 | -€20,726 | -12.4% |
| Amounts payable within one year | 42/48 | €104,751 | €75,242 | -€29,509 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €16,840 | €12,307 | -€4,533 | -26.9% |
| Trade debts | 44 | €0 | €28,928 | +€28,928 | |
| Suppliers | 440/4 | €0 | €28,928 | +€28,928 | |
| Taxes, remuneration and social security | 45 | €46,269 | €34,008 | -€12,262 | -26.5% |
| Taxes | 450/3 | €46,269 | €34,008 | -€12,262 | -26.5% |
| Other amounts payable | 47/48 | €41,642 | €0 | -€41,642 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | €10,356 | +€10,356 | |
| Non-recurring operating income | 76A | €0 | €12,397 | +€12,397 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,778 | €31,389 | -€389 | -1.2% |
| Other operating charges | 640/8 | €1,806 | €62,168 | +€60,362 | +3342.7% |
| Gross operating margin | 9900 | €87,143 | €32,243 | -€54,900 | -63.0% |
| Operating profit (loss) | 9901 | €53,559 | -€61,314 | -€114,873 | |
| Financial income | 75/76B | €2,450 | €0 | -€2,450 | -100.0% |
| Recurring financial income | 75 | €2,450 | €0 | -€2,450 | -100.0% |
| Financial charges | 65/66B | €5,840 | €16,026 | +€10,186 | +174.4% |
| Recurring financial charges | 65 | €5,840 | €16,026 | +€10,186 | +174.4% |
| Profit (loss) for the period before taxes | 9903 | €50,168 | -€77,340 | -€127,508 | |
| Income taxes | 67/77 | €1,146 | €0 | -€1,146 | -100.0% |
| Profit (loss) for the period | 9904 | €49,022 | -€77,340 | -€126,362 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,022 | -€77,340 | -€126,362 |
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.