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BAPRI: 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.

What changed

BAPRI

BE 0811.262.270
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€83,868
2024 · €12,005+€71,863
Equity
€394,639
2024 · €383,328+€11,310
Cash
€11,378
2024 · €975+€10,403
Balance sheet total
€736,908
2024 · €736,758+€150

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€12,898

    down €12,898 (-5.5%), from €235,721 to €222,823

    of which Land and buildings: -€11,619

  • Cash +€10,403

    up €10,403 (+1066.7%), from €975 to €11,378

    mainly Net result for the year (+€83,868) and Depreciation (+€14,075)

Equity and liabilities
  • Current portion of long-term debt -€13,535

    no longer reported in 2025 (was €13,535)

  • Reserves +€11,310

    up €11,310 (+3.2%), from €358,328 to €369,639

  • Other debts -€10,382

    down €10,382 (-3.2%), from €325,381 to €314,999

Income statement
  • Financial income +€79,956

    up €79,956 (+179999.1%), from €44 to €80,000

  • Taxes +€6,876

    up €6,876 (+118.2%), from €5,816 to €12,692

  • Financial charges +€5,137

    up €5,137 (+39.8%), from €12,897 to €18,034

  • Gross operating margin +€3,963

    up €3,963 (+8.5%), from €46,824 to €50,787

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €12,005
Gross operating margin +€3,963
Depreciation -€175
Other operating charges +€132
Financial income +€79,956
Financial charges -€5,137
Taxes -€6,876
Result 2025 €83,868

Cash bridge derived

cash 2024 to 2025

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.

From operations +€97,673
Investment -€1,177
Financing -€86,093
Cash 2024 €975
Net result for the year +€83,868
Depreciation +€14,075
Receivables within one year -€2,494
Smaller working-capital items -€246
Tax, wage and social debts +€7,186
Other debts -€10,382
Accrued charges and deferred income +€5,666
Investment in fixed assets (net) -€1,177
Current portion of long-term debt -€13,535
Contributions, distributions and other -€72,558
Cash 2025 €11,378
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €736,758 €736,908 +€150 0.0%
Fixed assets 21/28 €730,721 €717,823 -€12,898 -1.8%
Tangible fixed assets 22/27 €235,721 €222,823 -€12,898 -5.5%
Land and buildings 22 €224,748 €213,129 -€11,619 -5.2%
Plant, machinery and equipment 23 €3,910 €3,502 -€408 -10.4%
Furniture and vehicles 24 €2,613 €1,742 -€871 -33.3%
Other tangible fixed assets 26 €4,450 €4,450 = 0.0%
Financial fixed assets 28 €495,000 €495,000 = 0.0%
Current assets 29/58 €6,037 €19,085 +€13,048 +216.1%
Amounts receivable within one year 40/41 €3,885 €6,379 +€2,494 +64.2%
Trade receivables 40 - €2,684 +€2,684
Other amounts receivable 41 €3,885 €3,695 -€190 -4.9%
Cash at bank and in hand 54/58 €975 €11,378 +€10,403 +1066.7%
Deferred charges and accrued income 490/1 €1,177 €1,328 +€151 +12.8%
Total equity and liabilities 10/49 €736,758 €736,908 +€150 0.0%
Equity 10/15 €383,328 €394,639 +€11,310 +3.0%
Contributions 10/11 €25,000 €25,000 = 0.0%
Reserves 13 €358,328 €369,639 +€11,310 +3.2%
Distributable reserves 133 €358,328 €369,639 +€11,310 +3.2%
Amounts payable 17/49 €353,430 €342,269 -€11,160 -3.2%
Amounts payable within one year 42/48 €340,329 €323,503 -€16,826 -4.9%
Current portion of amounts payable after more than one year 42 €13,535 - -€13,535
Trade debts 44 €212 €117 -€95 -45.0%
Suppliers 440/4 €212 €117 -€95 -45.0%
Taxes, remuneration and social security 45 €1,201 €8,387 +€7,186 +598.6%
Taxes 450/3 €1,201 €8,387 +€7,186 +598.6%
Other amounts payable 47/48 €325,381 €314,999 -€10,382 -3.2%
Accrued charges and deferred income 492/3 €13,100 €18,766 +€5,666 +43.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,900 €14,075 +€175 +1.3%
Other operating charges 640/8 €2,250 €2,118 -€132 -5.9%
Gross operating margin 9900 €46,824 €50,787 +€3,963 +8.5%
Operating profit (loss) 9901 €30,674 €34,594 +€3,920 +12.8%
Financial income 75/76B €44 €80,000 +€79,956 +179999.1%
Recurring financial income 75 €44 €80,000 +€79,956 +179999.1%
Financial charges 65/66B €12,897 €18,034 +€5,137 +39.8%
Recurring financial charges 65 €12,897 €18,034 +€5,137 +39.8%
Profit (loss) for the period before taxes 9903 €17,821 €96,560 +€78,739 +441.8%
Income taxes 67/77 €5,816 €12,692 +€6,876 +118.2%
Profit (loss) for the period 9904 €12,005 €83,868 +€71,863 +598.6%
Profit (loss) for the period to be appropriated 9905 €12,005 €83,868 +€71,863 +598.6%

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 30 September 2026 via checked.be.