BAD ANTWERP: 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.
BAD ANTWERP
Largest movements
- Tangible fixed assets -€6,878
down €6,878 (-12.3%), from €56,102 to €49,223
of which Other tangible fixed assets: -€5,804
- Profit (loss) carried forward -€8,656
down €8,656 (-3.9%), from -€222,094 to -€230,750
- Other debts +€1,777
up €1,777 (+0.7%), from €258,627 to €260,404
- Gross operating margin +€60,782
up €60,782 (+97.2%), from -€62,559 to -€1,777
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 | €105,413 | €98,534 | -€6,879 | -6.5% |
| Fixed assets | 21/28 | €95,102 | €88,223 | -€6,878 | -7.2% |
| Tangible fixed assets | 22/27 | €56,102 | €49,223 | -€6,878 | -12.3% |
| Furniture and vehicles | 24 | €9,669 | €8,595 | -€1,074 | -11.1% |
| Other tangible fixed assets | 26 | €46,432 | €40,628 | -€5,804 | -12.5% |
| Financial fixed assets | 28 | €39,000 | €39,000 | = | 0.0% |
| Current assets | 29/58 | €10,311 | €10,311 | -€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €10,115 | €10,115 | = | 0.0% |
| Other amounts receivable | 41 | €10,115 | €10,115 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €196 | €196 | -€0 | -0.1% |
| Total equity and liabilities | 10/49 | €105,413 | €98,534 | -€6,879 | -6.5% |
| Equity | 10/15 | -€172,094 | -€180,750 | -€8,656 | -5.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€222,094 | -€230,750 | -€8,656 | -3.9% |
| Amounts payable | 17/49 | €277,507 | €279,285 | +€1,777 | +0.6% |
| Amounts payable within one year | 42/48 | €277,507 | €279,285 | +€1,777 | +0.6% |
| Trade debts | 44 | €18,881 | €18,881 | = | 0.0% |
| Suppliers | 440/4 | €18,881 | €18,881 | = | 0.0% |
| Other amounts payable | 47/48 | €258,627 | €260,404 | +€1,777 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,878 | €6,878 | = | 0.0% |
| Gross operating margin | 9900 | -€62,559 | -€1,777 | +€60,782 | +97.2% |
| Operating profit (loss) | 9901 | -€69,437 | -€8,656 | +€60,782 | +87.5% |
| Financial income | 75/76B | €95 | €5 | -€90 | -94.3% |
| Recurring financial income | 75 | €95 | €5 | -€90 | -94.3% |
| Financial charges | 65/66B | €61 | €6 | -€56 | -90.8% |
| Recurring financial charges | 65 | €61 | €6 | -€56 | -90.8% |
| Profit (loss) for the period before taxes | 9903 | -€69,403 | -€8,656 | +€60,747 | +87.5% |
| Income taxes | 67/77 | €29 | - | -€29 | |
| Profit (loss) for the period | 9904 | -€69,432 | -€8,656 | +€60,776 | +87.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,432 | -€8,656 | +€60,776 | +87.5% |
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 27 October 2026 via checked.be.