BACKSI: 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.
BACKSI
Largest movements
- Tangible fixed assets +€808,689
up €808,689 (+551.4%), from €146,667 to €955,355
- Cash +€71,469
up €71,469 (+5553.2%), from €1,287 to €72,756
mainly Debts after one year (+€757,957) and Trade debts (+€79,737)
- Debts after one year +€757,957
up €757,957 (+407.4%), from €186,056 to €944,013
- Trade debts +€79,737
up €79,737 (+63283.2%), from €126 to €79,863
- Current portion of long-term debt +€44,858
up €44,858 (+391.0%), from €11,472 to €56,330
- Profit (loss) carried forward -€36,589
down €36,589 (-22.4%), from -€163,413 to -€200,002
- Other debts +€33,376
up €33,376 (+35.2%), from €94,748 to €128,124
- Depreciation -€90,345
no longer reported in 2025 (was €90,345)
- Financial charges +€23,787
up €23,787 (+311.6%), from €7,634 to €31,421
- Gross operating margin +€17,735
up €17,735 (+80.7%), from -€21,981 to -€4,246
- Other operating charges -€7,104
down €7,104 (-88.5%), from €8,025 to €922
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 | €149,200 | €1,030,881 | +€881,681 | +590.9% |
| Fixed assets | 21/28 | €146,667 | €955,355 | +€808,689 | +551.4% |
| Tangible fixed assets | 22/27 | €146,667 | €955,355 | +€808,689 | +551.4% |
| Land and buildings | 22 | €146,667 | €955,355 | +€808,689 | +551.4% |
| Current assets | 29/58 | €2,533 | €75,526 | +€72,993 | +2881.7% |
| Cash at bank and in hand | 54/58 | €1,287 | €72,756 | +€71,469 | +5553.2% |
| Deferred charges and accrued income | 490/1 | €1,246 | €2,770 | +€1,524 | +122.3% |
| Total equity and liabilities | 10/49 | €149,200 | €1,030,881 | +€881,681 | +590.9% |
| Equity | 10/15 | -€143,413 | -€180,002 | -€36,589 | -25.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€163,413 | -€200,002 | -€36,589 | -22.4% |
| Amounts payable | 17/49 | €292,613 | €1,210,883 | +€918,270 | +313.8% |
| Amounts payable after more than one year | 17 | €186,056 | €944,013 | +€757,957 | +407.4% |
| Financial debts | 170/4 | €186,056 | €944,013 | +€757,957 | +407.4% |
| Amounts payable within one year | 42/48 | €106,346 | €264,316 | +€157,971 | +148.5% |
| Current portion of amounts payable after more than one year | 42 | €11,472 | €56,330 | +€44,858 | +391.0% |
| Trade debts | 44 | €126 | €79,863 | +€79,737 | +63283.2% |
| Suppliers | 440/4 | €126 | €79,863 | +€79,737 | +63283.2% |
| Other amounts payable | 47/48 | €94,748 | €128,124 | +€33,376 | +35.2% |
| Accrued charges and deferred income | 492/3 | €211 | €2,554 | +€2,343 | +1112.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,345 | - | -€90,345 | |
| Other operating charges | 640/8 | €8,025 | €922 | -€7,104 | -88.5% |
| Gross operating margin | 9900 | -€21,981 | -€4,246 | +€17,735 | +80.7% |
| Operating profit (loss) | 9901 | -€120,351 | -€5,168 | +€115,183 | +95.7% |
| Financial charges | 65/66B | €7,634 | €31,421 | +€23,787 | +311.6% |
| Recurring financial charges | 65 | €7,634 | €31,421 | +€23,787 | +311.6% |
| Profit (loss) for the period before taxes | 9903 | -€127,985 | -€36,589 | +€91,396 | +71.4% |
| Profit (loss) for the period | 9904 | -€127,985 | -€36,589 | +€91,396 | +71.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€127,985 | -€36,589 | +€91,396 | +71.4% |
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 11 October 2026 via checked.be.