BACKAERT: 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.
BACKAERT
Largest movements
- Tangible fixed assets -€21,296
down €21,296 (-6.1%), from €346,280 to €324,984
- Receivables within one year -€7,491
down €7,491 (-23.3%), from €32,191 to €24,700
of which Other amounts receivable: -€7,342
- Cash -€4,343
down €4,343 (-26.7%), from €16,250 to €11,907
mainly Provisions (-€47,887) and Other debts (-€248)
- Profit (loss) carried forward +€110,713
up €110,713, from -€74,211 to €36,502
- Reserves -€97,225
down €97,225 (-25.3%), from €383,831 to €286,606
of which Tax-exempt reserves: -€97,225
- Provisions -€47,887
down €47,887 (-100%), from €47,887 to €0
- Purchases and services +€18,762
up €18,762 (+140%), from €13,427 to €32,189
- Gross operating margin -€18,502
down €18,502, from €14,783 to -€3,719
- Other operating charges +€6,091
up €6,091 (+291%), from €2,092 to €8,183
- Financial charges +€552
up €552 (+85.2%), from €648 to €1,200
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 | €394,721 | €361,591 | -€33,130 | -8.4% |
| Fixed assets | 21/28 | €346,280 | €324,984 | -€21,296 | -6.1% |
| Tangible fixed assets | 22/27 | €346,280 | €324,984 | -€21,296 | -6.1% |
| Land and buildings | 22 | €346,280 | €324,984 | -€21,296 | -6.1% |
| Current assets | 29/58 | €48,441 | €36,607 | -€11,834 | -24.4% |
| Amounts receivable within one year | 40/41 | €32,191 | €24,700 | -€7,491 | -23.3% |
| Trade receivables | 40 | €149 | - | -€149 | |
| Other amounts receivable | 41 | €32,042 | €24,700 | -€7,342 | -22.9% |
| Cash at bank and in hand | 54/58 | €16,250 | €11,907 | -€4,343 | -26.7% |
| Total equity and liabilities | 10/49 | €394,721 | €361,591 | -€33,130 | -8.4% |
| Equity | 10/15 | €340,607 | €354,095 | +€13,488 | +4.0% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €383,831 | €286,606 | -€97,225 | -25.3% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €97,225 | - | -€97,225 | |
| Distributable reserves | 133 | €283,507 | €283,507 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,211 | €36,502 | +€110,713 | |
| Provisions and deferred taxes | 16 | €47,887 | €0 | -€47,887 | -100% |
| Deferred taxes | 168 | €47,887 | €0 | -€47,887 | -100% |
| Amounts payable | 17/49 | €6,227 | €7,496 | +€1,269 | +20.4% |
| Amounts payable within one year | 42/48 | €6,227 | €7,496 | +€1,269 | +20.4% |
| Trade debts | 44 | €3,695 | €5,212 | +€1,517 | +41.1% |
| Suppliers | 440/4 | €3,695 | €5,212 | +€1,517 | +41.1% |
| Other amounts payable | 47/48 | €2,532 | €2,284 | -€248 | -9.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,427 | €32,189 | +€18,762 | +140% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,296 | €21,296 | = | 0.0% |
| Other operating charges | 640/8 | €2,092 | €8,183 | +€6,091 | +291% |
| Gross operating margin | 9900 | €14,783 | -€3,719 | -€18,502 | |
| Operating profit (loss) | 9901 | -€8,605 | -€33,198 | -€24,593 | -286% |
| Financial income | 75/76B | €116 | - | -€116 | |
| Recurring financial income | 75 | €116 | - | -€116 | |
| Financial charges | 65/66B | €648 | €1,200 | +€552 | +85.2% |
| Recurring financial charges | 65 | €648 | €1,200 | +€552 | +85.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,137 | -€34,398 | -€25,261 | -276% |
| Transfer from deferred taxes | 780 | - | €47,887 | +€47,887 | |
| Profit (loss) for the period | 9904 | -€9,137 | €13,489 | +€22,626 | |
| Transfer from tax-exempt reserves | 789 | - | €97,224 | +€97,224 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,137 | €110,713 | +€119,850 |
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.