BAPS: 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.
BAPS
Largest movements
- Cash +€3,195
up €3,195 (+9.4%), from €33,822 to €37,017
mainly Stocks and contracts (+€2,612) and Net result for the year (+€1,103)
- Stocks and contracts -€2,612
down €2,612 (-17.9%), from €14,577 to €11,965
- Receivables within one year +€998
up €998 (+82.1%), from €1,216 to €2,214
- Profit (loss) carried forward +€1,103
up €1,103, from -€188 to €915
- Gross operating margin +€1,030
up €1,030 (+39.7%), from €2,591 to €3,621
- Taxes +€374
new in 2026: €374
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,115 | €51,696 | +€1,581 | +3.2% |
| Fixed assets | 21/28 | €500 | €500 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €49,615 | €51,196 | +€1,581 | +3.2% |
| Stocks and contracts in progress | 3 | €14,577 | €11,965 | -€2,612 | -17.9% |
| Stocks | 30/36 | €14,577 | €11,965 | -€2,612 | -17.9% |
| Amounts receivable within one year | 40/41 | €1,216 | €2,214 | +€998 | +82.1% |
| Trade receivables | 40 | €1,216 | €2,214 | +€998 | +82.1% |
| Cash at bank and in hand | 54/58 | €33,822 | €37,017 | +€3,195 | +9.4% |
| Total equity and liabilities | 10/49 | €50,115 | €51,696 | +€1,581 | +3.2% |
| Equity | 10/15 | €49,812 | €50,915 | +€1,103 | +2.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€188 | €915 | +€1,103 | |
| Amounts payable | 17/49 | €303 | €781 | +€478 | +158% |
| Amounts payable within one year | 42/48 | €303 | €781 | +€478 | +158% |
| Trade debts | 44 | €85 | €77 | -€8 | -9.9% |
| Suppliers | 440/4 | €85 | €77 | -€8 | -9.9% |
| Taxes, remuneration and social security | 45 | €218 | €705 | +€487 | +223% |
| Taxes | 450/3 | €218 | €705 | +€487 | +223% |
| Other operating charges | 640/8 | €2,084 | €2,104 | +€20 | +0.9% |
| Gross operating margin | 9900 | €2,591 | €3,621 | +€1,030 | +39.7% |
| Operating profit (loss) | 9901 | €507 | €1,517 | +€1,010 | +199% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €59 | €40 | -€19 | -31.6% |
| Recurring financial charges | 65 | €59 | €40 | -€19 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €448 | €1,477 | +€1,029 | +230% |
| Income taxes | 67/77 | - | €374 | +€374 | |
| Profit (loss) for the period | 9904 | €448 | €1,103 | +€655 | +146% |
| Profit (loss) for the period to be appropriated | 9905 | €448 | €1,103 | +€655 | +146% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.