BAPSY: 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.
BAPSY
Largest movements
- Cash +€33,731
up €33,731 (+170.8%), from €19,751 to €53,482
mainly Investment in fixed assets (net) (+€13,181) and Net result for the year (+€12,736)
- Financial fixed assets -€13,181
no longer reported in 2024 (was €13,181)
- Deferred charges and accrued income -€5,655
no longer reported in 2024 (was €5,655)
- Reserves +€12,000
up €12,000 (+20.3%), from €59,000 to €71,000
- Tax, wage and social debts +€2,329
up €2,329 (+101.1%), from €2,305 to €4,634
- Gross operating margin +€10,104
up €10,104 (+176.8%), from €5,714 to €15,819
- Taxes +€2,329
up €2,329 (+101.1%), from €2,305 to €4,634
- Financial income +€445
up €445 (+27.5%), from €1,619 to €2,064
- Other operating charges -€284
down €284 (-48.5%), from €585 to €301
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,227 | €80,886 | +€14,660 | +22.1% |
| Fixed assets | 21/28 | €13,430 | €111 | -€13,320 | -99.2% |
| Tangible fixed assets | 22/27 | €249 | €111 | -€138 | -55.6% |
| Furniture and vehicles | 24 | €249 | €111 | -€138 | -55.6% |
| Financial fixed assets | 28 | €13,181 | - | -€13,181 | |
| Current assets | 29/58 | €52,796 | €80,776 | +€27,979 | +53.0% |
| Amounts receivable within one year | 40/41 | €27,390 | €27,293 | -€97 | -0.4% |
| Trade receivables | 40 | €1,326 | €199 | -€1,127 | -85.0% |
| Other amounts receivable | 41 | €26,064 | €27,094 | +€1,030 | +4.0% |
| Cash at bank and in hand | 54/58 | €19,751 | €53,482 | +€33,731 | +170.8% |
| Deferred charges and accrued income | 490/1 | €5,655 | - | -€5,655 | |
| Total equity and liabilities | 10/49 | €66,227 | €80,886 | +€14,660 | +22.1% |
| Equity | 10/15 | €63,516 | €76,252 | +€12,736 | +20.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €59,000 | €71,000 | +€12,000 | +20.3% |
| Distributable reserves | 133 | €59,000 | €71,000 | +€12,000 | +20.3% |
| Profit (loss) carried forward | 14 | €516 | €1,252 | +€736 | +142.5% |
| Amounts payable | 17/49 | €2,710 | €4,634 | +€1,924 | +71.0% |
| Amounts payable within one year | 42/48 | €2,305 | €4,634 | +€2,329 | +101.1% |
| Taxes, remuneration and social security | 45 | €2,305 | €4,634 | +€2,329 | +101.1% |
| Taxes | 450/3 | €2,305 | €4,634 | +€2,329 | +101.1% |
| Accrued charges and deferred income | 492/3 | €405 | - | -€405 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138 | €138 | = | 0.0% |
| Other operating charges | 640/8 | €585 | €301 | -€284 | -48.5% |
| Gross operating margin | 9900 | €5,714 | €15,819 | +€10,104 | +176.8% |
| Operating profit (loss) | 9901 | €4,991 | €15,379 | +€10,388 | +208.1% |
| Financial income | 75/76B | €1,619 | €2,064 | +€445 | +27.5% |
| Recurring financial income | 75 | €1,619 | €2,064 | +€445 | +27.5% |
| Financial charges | 65/66B | €69 | €74 | +€5 | +6.5% |
| Recurring financial charges | 65 | €69 | €74 | +€5 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €6,541 | €17,370 | +€10,829 | +165.5% |
| Income taxes | 67/77 | €2,305 | €4,634 | +€2,329 | +101.1% |
| Profit (loss) for the period | 9904 | €4,237 | €12,736 | +€8,499 | +200.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,237 | €12,736 | +€8,499 | +200.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.