BADELCO: what changed
Two fiscal 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.
BADELCO
Largest movements
- Current assets -€11,409
down €11,409 (-15.5%), from €73,655 to €62,245
of which Receivables within one year: -€12,020
- Tangible fixed assets +€7,999
new in 2017: €7,999
- Profit (loss) carried forward -€2,112
down €2,112 (-31.0%), from -€6,814 to -€8,926
- Debts within one year -€1,298
down €1,298 (-7.4%), from €17,629 to €16,331
- Depreciation +€2,000
new in 2017: €2,000
- Gross operating margin -€988
down €988 (-67.1%), from €1,471 to €483
From the 2016 result to the 2017 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,655 | €70,245 | -€3,410 | -4.6% |
| Fixed assets | 21/28 | - | €7,999 | +€7,999 | |
| Tangible fixed assets | 22/27 | - | €7,999 | +€7,999 | |
| Current assets | 29/58 | €73,655 | €62,245 | -€11,409 | -15.5% |
| Amounts receivable within one year | 40/41 | €21,267 | €9,247 | -€12,020 | -56.5% |
| Cash at bank and in hand | 54/58 | €363 | €453 | +€91 | +25.0% |
| Total equity and liabilities | 10/49 | €73,655 | €70,245 | -€3,410 | -4.6% |
| Equity | 10/15 | €56,026 | €53,914 | -€2,112 | -3.8% |
| Contributions | 10/11 | €38,424 | €38,424 | = | 0.0% |
| Reserves | 13 | €24,416 | €24,416 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,814 | -€8,926 | -€2,112 | -31.0% |
| Amounts payable | 17/49 | €17,629 | €16,331 | -€1,298 | -7.4% |
| Amounts payable within one year | 42/48 | €17,629 | €16,331 | -€1,298 | -7.4% |
| Trade debts | 44 | €10,129 | €6,167 | -€3,961 | -39.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,000 | +€2,000 | |
| Gross operating margin | 9900 | €1,471 | €483 | -€988 | -67.1% |
| Operating profit (loss) | 9901 | €604 | -€2,494 | -€3,097 | |
| Recurring financial income | 75 | €515 | €520 | +€5 | +1.0% |
| Recurring financial charges | 65 | €147 | €139 | -€8 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €972 | -€2,112 | -€3,084 | |
| Profit (loss) for the period | 9904 | €972 | -€2,112 | -€3,084 | |
| Profit (loss) for the period to be appropriated | 9905 | €972 | -€2,112 | -€3,084 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2016 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.