Bad Ass Industries: 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 Ass Industries
Largest movements
- Receivables within one year -€89,130
down €89,130 (-77.8%), from €114,519 to €25,388
of which Trade receivables: -€91,243
- Intangible fixed assets -€8,927
down €8,927 (-63.0%), from €14,173 to €5,246
- Cash +€7,199
up €7,199 (+460%), from €1,565 to €8,764
mainly Receivables within one year (+€89,130) and Other debts (+€65,000)
- Profit (loss) carried forward -€77,847
new in 2025: -€77,847
- Trade debts -€73,995
down €73,995 (-78.8%), from €93,866 to €19,871
- Other debts +€65,000
up €65,000 (+28,844%), from €225 to €65,225
- Tax, wage and social debts -€4,017
down €4,017 (-100%), from €4,017 to €0
- Gross operating margin -€70,983
down €70,983, from €2,745 to -€68,238
- Depreciation -€3,873
down €3,873 (-30.3%), from €12,800 to €8,927
- Other operating charges -€1,044
down €1,044 (-62.5%), from €1,672 to €627
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 | €130,257 | €39,398 | -€90,859 | -69.8% |
| Fixed assets | 21/28 | €14,173 | €5,246 | -€8,927 | -63.0% |
| Intangible fixed assets | 21 | €14,173 | €5,246 | -€8,927 | -63.0% |
| Current assets | 29/58 | €116,084 | €34,152 | -€81,932 | -70.6% |
| Amounts receivable within one year | 40/41 | €114,519 | €25,388 | -€89,130 | -77.8% |
| Trade receivables | 40 | €107,019 | €15,775 | -€91,243 | -85.3% |
| Other amounts receivable | 41 | €7,500 | €9,613 | +€2,113 | +28.2% |
| Cash at bank and in hand | 54/58 | €1,565 | €8,764 | +€7,199 | +460% |
| Total equity and liabilities | 10/49 | €130,257 | €39,398 | -€90,859 | -69.8% |
| Equity | 10/15 | €32,149 | -€45,698 | -€77,847 | |
| Contributions | 10/11 | €9,500 | €9,500 | = | 0.0% |
| Reserves | 13 | €22,649 | €22,649 | = | 0.0% |
| Distributable reserves | 133 | €22,649 | €22,649 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€77,847 | -€77,847 | |
| Amounts payable | 17/49 | €98,108 | €85,096 | -€13,012 | -13.3% |
| Amounts payable within one year | 42/48 | €98,108 | €85,096 | -€13,012 | -13.3% |
| Trade debts | 44 | €93,866 | €19,871 | -€73,995 | -78.8% |
| Suppliers | 440/4 | €93,866 | €19,871 | -€73,995 | -78.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,017 | €0 | -€4,017 | -100% |
| Taxes | 450/3 | €4,017 | €0 | -€4,017 | -100% |
| Other amounts payable | 47/48 | €225 | €65,225 | +€65,000 | +28,844% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,800 | €8,927 | -€3,873 | -30.3% |
| Other operating charges | 640/8 | €1,672 | €627 | -€1,044 | -62.5% |
| Gross operating margin | 9900 | €2,745 | -€68,238 | -€70,983 | |
| Operating profit (loss) | 9901 | -€11,727 | -€77,793 | -€66,066 | -563% |
| Financial charges | 65/66B | €101 | €54 | -€47 | -46.5% |
| Recurring financial charges | 65 | €101 | €54 | -€47 | -46.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,828 | -€77,847 | -€66,019 | -558% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€11,828 | -€77,847 | -€66,019 | -558% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,828 | -€77,847 | -€66,019 | -558% |
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 31 October 2026 via checked.be.