BADEM TECH: what changed
BADEM TECH
Largest movements
- Receivables within one year -€32,779
down €32,779 (-61.4%), from €53,350 to €20,572
of which Trade receivables: -€18,256
- Cash +€28,744
up €28,744 (+200%), from €14,398 to €43,142
mainly Receivables within one year (+€32,779) and Net result for the year (+€7,256)
- Tangible fixed assets -€890
down €890 (-52.2%), from €1,706 to €816
- Profit (loss) carried forward +€7,256
up €7,256 (+16.8%), from €43,065 to €50,321
- Trade debts -€6,717
down €6,717 (-79.4%), from €8,463 to €1,746
- Tax, wage and social debts -€6,679
down €6,679 (-39.5%), from €16,927 to €10,248
of which Taxes: -€8,882
- Other debts +€1,215
new in 2025: €1,215
- Staff costs +€26,696
up €26,696 (+378%), from €7,069 to €33,765
- Gross operating margin +€8,672
up €8,672 (+23.3%), from €37,170 to €45,842
- Taxes -€2,826
down €2,826 (-48.9%), from €5,779 to €2,952
- Other operating charges -€576
down €576 (-43.1%), from €1,337 to €761
- Financial charges -€552
down €552 (-71.6%), from €771 to €219
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,455 | €64,530 | -€4,925 | -7.1% |
| Fixed assets | 21/28 | €1,706 | €816 | -€890 | -52.2% |
| Tangible fixed assets | 22/27 | €1,706 | €816 | -€890 | -52.2% |
| Furniture and vehicles | 24 | €1,706 | €816 | -€890 | -52.2% |
| Current assets | 29/58 | €67,749 | €63,714 | -€4,035 | -6.0% |
| Amounts receivable within one year | 40/41 | €53,350 | €20,572 | -€32,779 | -61.4% |
| Trade receivables | 40 | €35,830 | €17,574 | -€18,256 | -51.0% |
| Other amounts receivable | 41 | €17,521 | €2,998 | -€14,523 | -82.9% |
| Cash at bank and in hand | 54/58 | €14,398 | €43,142 | +€28,744 | +200% |
| Total equity and liabilities | 10/49 | €69,455 | €64,530 | -€4,925 | -7.1% |
| Equity | 10/15 | €44,065 | €51,321 | +€7,256 | +16.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,065 | €50,321 | +€7,256 | +16.8% |
| Amounts payable | 17/49 | €25,390 | €13,209 | -€12,181 | -48.0% |
| Amounts payable within one year | 42/48 | €25,390 | €13,209 | -€12,181 | -48.0% |
| Trade debts | 44 | €8,463 | €1,746 | -€6,717 | -79.4% |
| Suppliers | 440/4 | €8,463 | €1,746 | -€6,717 | -79.4% |
| Taxes, remuneration and social security | 45 | €16,927 | €10,248 | -€6,679 | -39.5% |
| Taxes | 450/3 | €11,701 | €2,820 | -€8,882 | -75.9% |
| Remuneration and social security | 454/9 | €5,225 | €7,428 | +€2,203 | +42.2% |
| Other amounts payable | 47/48 | - | €1,215 | +€1,215 | |
| Remuneration, social security and pensions | 62 | €7,069 | €33,765 | +€26,696 | +378% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €890 | €890 | = | 0.0% |
| Other operating charges | 640/8 | €1,337 | €761 | -€576 | -43.1% |
| Gross operating margin | 9900 | €37,170 | €45,842 | +€8,672 | +23.3% |
| Operating profit (loss) | 9901 | €27,874 | €10,426 | -€17,448 | -62.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €771 | €219 | -€552 | -71.6% |
| Recurring financial charges | 65 | €771 | €219 | -€552 | -71.6% |
| Profit (loss) for the period before taxes | 9903 | €27,103 | €10,208 | -€16,895 | -62.3% |
| Income taxes | 67/77 | €5,779 | €2,952 | -€2,826 | -48.9% |
| Profit (loss) for the period | 9904 | €21,325 | €7,256 | -€14,069 | -66.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,325 | €7,256 | -€14,069 | -66.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.