BAFI 20TH: 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.
BAFI 20TH
Largest movements
- Receivables within one year +€3,954
up €3,954 (+81.2%), from €4,871 to €8,826
of which Other amounts receivable: +€5,945
- Cash +€2,752
new in 2025: €2,752
mainly Contributions, distributions and other (+€10,000) and Trade debts (+€3,375)
- Contributions +€10,000
new in 2025: €10,000
- Profit (loss) carried forward -€8,187
down €8,187 (-5313.9%), from -€154 to -€8,341
- Trade debts +€3,375
up €3,375 (+78.9%), from €4,275 to €7,651
- Tax, wage and social debts +€1,519
up €1,519 (+202.5%), from €750 to €2,268
of which Taxes: +€916
- Staff costs +€21,566
new in 2025: €21,566
- Gross operating margin +€14,366
up €14,366, from -€154 to €14,212
- Other operating charges +€960
new in 2025: €960
- Financial income +€176
new in 2025: €176
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 | €4,871 | €11,578 | +€6,707 | +137.7% |
| Current assets | 29/58 | €4,871 | €11,578 | +€6,707 | +137.7% |
| Amounts receivable within one year | 40/41 | €4,871 | €8,826 | +€3,954 | +81.2% |
| Trade receivables | 40 | €4,320 | €2,329 | -€1,991 | -46.1% |
| Other amounts receivable | 41 | €551 | €6,496 | +€5,945 | +1078.8% |
| Cash at bank and in hand | 54/58 | - | €2,752 | +€2,752 | |
| Total equity and liabilities | 10/49 | €4,871 | €11,578 | +€6,707 | +137.7% |
| Equity | 10/15 | -€154 | €1,659 | +€1,813 | |
| Contributions | 10/11 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | -€154 | -€8,341 | -€8,187 | -5313.9% |
| Amounts payable | 17/49 | €5,025 | €9,919 | +€4,894 | +97.4% |
| Amounts payable within one year | 42/48 | €5,025 | €9,919 | +€4,894 | +97.4% |
| Trade debts | 44 | €4,275 | €7,651 | +€3,375 | +78.9% |
| Suppliers | 440/4 | €4,275 | €7,651 | +€3,375 | +78.9% |
| Taxes, remuneration and social security | 45 | €750 | €2,268 | +€1,519 | +202.5% |
| Taxes | 450/3 | €750 | €1,666 | +€916 | +122.2% |
| Remuneration and social security | 454/9 | - | €602 | +€602 | |
| Remuneration, social security and pensions | 62 | - | €21,566 | +€21,566 | |
| Other operating charges | 640/8 | - | €960 | +€960 | |
| Gross operating margin | 9900 | -€154 | €14,212 | +€14,366 | |
| Operating profit (loss) | 9901 | -€154 | -€8,315 | -€8,161 | -5296.7% |
| Financial income | 75/76B | - | €176 | +€176 | |
| Recurring financial income | 75 | - | €176 | +€176 | |
| Financial charges | 65/66B | - | €48 | +€48 | |
| Recurring financial charges | 65 | - | €48 | +€48 | |
| Profit (loss) for the period before taxes | 9903 | -€154 | -€8,187 | -€8,033 | -5213.9% |
| Profit (loss) for the period | 9904 | -€154 | -€8,187 | -€8,033 | -5213.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€154 | -€8,187 | -€8,033 | -5213.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.