Bapant Management: 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.
Bapant Management
Largest movements
- Cash -€53,321
down €53,321 (-22.2%), from €239,691 to €186,370
mainly Debts after one year (-€31,731) and Trade debts (-€31,519)
- Debts after one year -€31,731
down €31,731 (-22.0%), from €144,053 to €112,322
- Trade debts -€31,519
down €31,519 (-97.7%), from €32,256 to €736
- Tax, wage and social debts +€8,781
up €8,781 (+144%), from €6,088 to €14,869
- Gross operating margin +€24,047
up €24,047 (+103%), from €23,360 to €47,408
- Taxes +€7,651
up €7,651 (+200%), from €3,829 to €11,481
- Financial income -€1,833
down €1,833 (-98.7%), from €1,856 to €23
- Financial charges -€1,336
down €1,336 (-16.6%), from €8,038 to €6,702
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.
Derived cash bridge
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 | €578,139 | €523,962 | -€54,178 | -9.4% |
| Fixed assets | 21/28 | €336,948 | €336,091 | -€857 | -0.3% |
| Tangible fixed assets | 22/27 | €11,918 | €11,061 | -€857 | -7.2% |
| Plant, machinery and equipment | 23 | €2,408 | €1,973 | -€435 | -18.1% |
| Furniture and vehicles | 24 | €9,510 | €9,088 | -€422 | -4.4% |
| Financial fixed assets | 28 | €325,030 | €325,030 | = | 0.0% |
| Current assets | 29/58 | €241,191 | €187,870 | -€53,321 | -22.1% |
| Amounts receivable within one year | 40/41 | €1,500 | €1,500 | = | 0.0% |
| Trade receivables | 40 | €1,500 | €1,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €239,691 | €186,370 | -€53,321 | -22.2% |
| Total equity and liabilities | 10/49 | €578,139 | €523,962 | -€54,178 | -9.4% |
| Equity | 10/15 | €364,544 | €363,405 | -€1,140 | -0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €344,084 | €342,945 | -€1,140 | -0.3% |
| Amounts payable | 17/49 | €213,595 | €160,557 | -€53,038 | -24.8% |
| Amounts payable after more than one year | 17 | €144,053 | €112,322 | -€31,731 | -22.0% |
| Financial debts | 170/4 | €144,053 | €112,322 | -€31,731 | -22.0% |
| Amounts payable within one year | 42/48 | €69,542 | €48,235 | -€21,307 | -30.6% |
| Current portion of amounts payable after more than one year | 42 | €30,489 | €31,731 | +€1,242 | +4.1% |
| Trade debts | 44 | €32,256 | €736 | -€31,519 | -97.7% |
| Suppliers | 440/4 | €32,256 | €736 | -€31,519 | -97.7% |
| Taxes, remuneration and social security | 45 | €6,088 | €14,869 | +€8,781 | +144% |
| Taxes | 450/3 | €6,088 | €14,869 | +€8,781 | +144% |
| Other amounts payable | 47/48 | €709 | €899 | +€189 | +26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,888 | €5,557 | -€332 | -5.6% |
| Other operating charges | 640/8 | €1,573 | €1,302 | -€272 | -17.3% |
| Gross operating margin | 9900 | €23,360 | €47,408 | +€24,047 | +103% |
| Operating profit (loss) | 9901 | €15,898 | €40,549 | +€24,651 | +155% |
| Financial income | 75/76B | €1,856 | €23 | -€1,833 | -98.7% |
| Recurring financial income | 75 | €1,856 | €23 | -€1,833 | -98.7% |
| Financial charges | 65/66B | €8,038 | €6,702 | -€1,336 | -16.6% |
| Recurring financial charges | 65 | €8,038 | €6,702 | -€1,336 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €9,716 | €33,870 | +€24,154 | +249% |
| Income taxes | 67/77 | €3,829 | €11,481 | +€7,651 | +200% |
| Profit (loss) for the period | 9904 | €5,887 | €22,389 | +€16,503 | +280% |
| Profit (loss) for the period to be appropriated | 9905 | €5,887 | €22,389 | +€16,503 | +280% |
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 21 October 2026 via checked.be.