Badepro: 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.
Badepro
Largest movements
- Cash +€82,733
up €82,733 (+91.7%), from €90,176 to €172,910
mainly Other debts (+€240,000) and Depreciation (+€121,219)
- Tangible fixed assets +€53,016
up €53,016 (+1.8%), from €2.9m to €2.9m
- Debts after one year -€339,268
down €339,268 (-11.6%), from €2.9m to €2.6m
- Other debts +€240,000
new in 2025: €240,000
- Profit (loss) carried forward +€90,225
up €90,225 (+45.9%), from -€196,672 to -€106,447
- Revaluation surpluses +€80,710
new in 2025: €80,710
- Accrued charges and deferred income +€40,703
up €40,703 (+76.5%), from €53,217 to €93,921
- Gross operating margin +€249,089
up €249,089 (+375.6%), from €66,310 to €315,399
- Depreciation -€58,834
down €58,834 (-32.7%), from €180,053 to €121,219
- Financial charges +€13,729
up €13,729 (+16.8%), from €81,706 to €95,434
- Other operating charges +€7,298
up €7,298 (+597.1%), from €1,222 to €8,520
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 | €2,978,803 | €3,111,256 | +€132,454 | +4.4% |
| Fixed assets | 21/28 | €2,878,049 | €2,931,064 | +€53,016 | +1.8% |
| Tangible fixed assets | 22/27 | €2,878,049 | €2,931,064 | +€53,016 | +1.8% |
| Land and buildings | 22 | €2,878,049 | €2,931,064 | +€53,016 | +1.8% |
| Current assets | 29/58 | €100,754 | €180,192 | +€79,438 | +78.8% |
| Amounts receivable within one year | 40/41 | €10,578 | €3,230 | -€7,348 | -69.5% |
| Trade receivables | 40 | - | €3,230 | +€3,230 | |
| Other amounts receivable | 41 | €10,578 | €0 | -€10,578 | -100.0% |
| Cash at bank and in hand | 54/58 | €90,176 | €172,910 | +€82,733 | +91.7% |
| Deferred charges and accrued income | 490/1 | - | €4,052 | +€4,052 | |
| Total equity and liabilities | 10/49 | €2,978,803 | €3,111,256 | +€132,454 | +4.4% |
| Equity | 10/15 | -€96,672 | €74,264 | +€170,936 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €80,710 | +€80,710 | |
| Profit (loss) carried forward | 14 | -€196,672 | -€106,447 | +€90,225 | +45.9% |
| Amounts payable | 17/49 | €3,075,474 | €3,036,993 | -€38,482 | -1.3% |
| Amounts payable after more than one year | 17 | €2,924,927 | €2,585,659 | -€339,268 | -11.6% |
| Financial debts | 170/4 | €2,924,927 | €2,585,659 | -€339,268 | -11.6% |
| Amounts payable within one year | 42/48 | €97,331 | €357,413 | +€260,083 | +267.2% |
| Current portion of amounts payable after more than one year | 42 | €97,134 | €100,323 | +€3,189 | +3.3% |
| Trade debts | 44 | €196 | €6,144 | +€5,948 | +3032.2% |
| Suppliers | 440/4 | €196 | €6,144 | +€5,948 | +3032.2% |
| Taxes, remuneration and social security | 45 | - | €10,946 | +€10,946 | |
| Taxes | 450/3 | - | €10,946 | +€10,946 | |
| Other amounts payable | 47/48 | - | €240,000 | +€240,000 | |
| Accrued charges and deferred income | 492/3 | €53,217 | €93,921 | +€40,703 | +76.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180,053 | €121,219 | -€58,834 | -32.7% |
| Other operating charges | 640/8 | €1,222 | €8,520 | +€7,298 | +597.1% |
| Gross operating margin | 9900 | €66,310 | €315,399 | +€249,089 | +375.6% |
| Operating profit (loss) | 9901 | -€114,966 | €185,660 | +€300,625 | |
| Financial charges | 65/66B | €81,706 | €95,434 | +€13,729 | +16.8% |
| Recurring financial charges | 65 | €81,706 | €95,434 | +€13,729 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | -€196,672 | €90,225 | +€286,897 | |
| Profit (loss) for the period | 9904 | -€196,672 | €90,225 | +€286,897 | |
| Profit (loss) for the period to be appropriated | 9905 | -€196,672 | €90,225 | +€286,897 |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.