BaDaaS: 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.
BaDaaS
Largest movements
- Current investments +€146,324
up €146,324 (+112.7%), from €129,843 to €276,168
- Receivables within one year -€66,347
down €66,347 (-29.5%), from €225,108 to €158,761
of which Trade receivables: -€33,683
- Cash -€35,041
down €35,041 (-27.3%), from €128,587 to €93,547
mainly Current investments (-€146,324) and Trade debts (-€35,099)
- Tangible fixed assets +€28,090
up €28,090 (+222.5%), from €12,627 to €40,717
of which Furniture and vehicles: +€29,180
- Reserves +€289,385
up €289,385 (+172.3%), from €168,000 to €457,385
- Profit (loss) carried forward -€211,636
no longer reported in 2025 (was €211,636)
- Trade debts -€35,099
down €35,099 (-33.4%), from €104,964 to €69,865
- Tax, wage and social debts +€34,265
up €34,265 (+957.9%), from €3,577 to €37,842
of which Taxes: +€34,105
- Gross operating margin -€118,285
down €118,285 (-40.0%), from €295,870 to €177,585
- Other operating charges +€29,302
up €29,302 (+72.4%), from €40,497 to €69,798
- Taxes -€27,943
down €27,943 (-47.2%), from €59,219 to €31,276
- Financial income -€3,695
down €3,695 (-26.4%), from €13,980 to €10,285
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 | €497,138 | €573,082 | +€75,945 | +15.3% |
| Formation expenses | 20 | €215 | €0 | -€215 | -100.0% |
| Fixed assets | 21/28 | €12,627 | €40,717 | +€28,090 | +222.5% |
| Tangible fixed assets | 22/27 | €12,627 | €40,717 | +€28,090 | +222.5% |
| Plant, machinery and equipment | 23 | €9,157 | €8,068 | -€1,090 | -11.9% |
| Furniture and vehicles | 24 | €3,470 | €32,649 | +€29,180 | +841.0% |
| Current assets | 29/58 | €484,295 | €532,365 | +€48,070 | +9.9% |
| Amounts receivable within one year | 40/41 | €225,108 | €158,761 | -€66,347 | -29.5% |
| Trade receivables | 40 | €104,967 | €71,284 | -€33,683 | -32.1% |
| Other amounts receivable | 41 | €120,141 | €87,477 | -€32,664 | -27.2% |
| Current investments | 50/53 | €129,843 | €276,168 | +€146,324 | +112.7% |
| Cash at bank and in hand | 54/58 | €128,587 | €93,547 | -€35,041 | -27.3% |
| Deferred charges and accrued income | 490/1 | €757 | €3,889 | +€3,133 | +413.9% |
| Total equity and liabilities | 10/49 | €497,138 | €573,082 | +€75,945 | +15.3% |
| Equity | 10/15 | €385,636 | €463,385 | +€77,749 | +20.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €168,000 | €457,385 | +€289,385 | +172.3% |
| Distributable reserves | 133 | €168,000 | €457,385 | +€289,385 | +172.3% |
| Profit (loss) carried forward | 14 | €211,636 | - | -€211,636 | |
| Amounts payable | 17/49 | €111,501 | €109,697 | -€1,804 | -1.6% |
| Amounts payable within one year | 42/48 | €111,419 | €109,282 | -€2,137 | -1.9% |
| Trade debts | 44 | €104,964 | €69,865 | -€35,099 | -33.4% |
| Suppliers | 440/4 | €104,964 | €69,865 | -€35,099 | -33.4% |
| Taxes, remuneration and social security | 45 | €3,577 | €37,842 | +€34,265 | +957.9% |
| Taxes | 450/3 | €3,577 | €37,682 | +€34,105 | +953.4% |
| Remuneration and social security | 454/9 | - | €160 | +€160 | |
| Other amounts payable | 47/48 | €2,878 | €1,575 | -€1,303 | -45.3% |
| Accrued charges and deferred income | 492/3 | €83 | €415 | +€333 | +402.6% |
| Remuneration, social security and pensions | 62 | -€141 | - | +€141 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,158 | €3,734 | -€424 | -10.2% |
| Other operating charges | 640/8 | €40,497 | €69,798 | +€29,302 | +72.4% |
| Gross operating margin | 9900 | €295,870 | €177,585 | -€118,285 | -40.0% |
| Operating profit (loss) | 9901 | €251,356 | €104,052 | -€147,304 | -58.6% |
| Financial income | 75/76B | €13,980 | €10,285 | -€3,695 | -26.4% |
| Recurring financial income | 75 | €13,980 | €10,285 | -€3,695 | -26.4% |
| Financial charges | 65/66B | €4,091 | €5,312 | +€1,221 | +29.8% |
| Recurring financial charges | 65 | €4,091 | €5,312 | +€1,221 | +29.8% |
| Profit (loss) for the period before taxes | 9903 | €261,245 | €109,025 | -€152,219 | -58.3% |
| Income taxes | 67/77 | €59,219 | €31,276 | -€27,943 | -47.2% |
| Profit (loss) for the period | 9904 | €202,026 | €77,749 | -€124,277 | -61.5% |
| Profit (loss) for the period to be appropriated | 9905 | €202,026 | €77,749 | -€124,277 | -61.5% |
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 9 October 2026 via checked.be.