BAS: 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.
BAS
Largest movements
- Current investments +€497,448
up €497,448 (+26.0%), from €1.9m to €2.4m
- Cash -€437,660
down €437,660 (-61.4%), from €712,935 to €275,274
mainly Current investments (-€497,448) and Current portion of long-term debt (-€201,591)
- Tangible fixed assets -€194,927
down €194,927 (-3.1%), from €6.3m to €6.1m
of which Land and buildings: -€194,441
- Receivables within one year +€129,692
up €129,692 (+345.4%), from €37,550 to €167,242
of which Other amounts receivable: +€129,681
- Reserves +€406,040
up €406,040 (+5.6%), from €7.3m to €7.7m
of which Distributable reserves: +€471,501
- Current portion of long-term debt -€201,591
down €201,591 (-52.8%), from €381,584 to €179,993
- Debts after one year -€179,993
down €179,993 (-23.5%), from €764,367 to €584,375
- Gross operating margin +€73,929
up €73,929 (+9.3%), from €797,129 to €871,058
- Financial charges +€40,061
up €40,061 (+229.0%), from €17,497 to €57,558
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 | €8,933,134 | €8,921,230 | -€11,904 | -0.1% |
| Fixed assets | 21/28 | €6,258,892 | €6,063,965 | -€194,927 | -3.1% |
| Tangible fixed assets | 22/27 | €6,258,892 | €6,063,965 | -€194,927 | -3.1% |
| Land and buildings | 22 | €6,191,011 | €5,996,570 | -€194,441 | -3.1% |
| Plant, machinery and equipment | 23 | €22,582 | €26,154 | +€3,572 | +15.8% |
| Furniture and vehicles | 24 | €2,708 | €0 | -€2,708 | -100.0% |
| Other tangible fixed assets | 26 | €42,591 | €41,241 | -€1,350 | -3.2% |
| Current assets | 29/58 | €2,674,242 | €2,857,265 | +€183,023 | +6.8% |
| Amounts receivable after more than one year | 29 | €7,910 | €1,912 | -€5,998 | -75.8% |
| Other amounts receivable | 291 | €7,910 | €1,912 | -€5,998 | -75.8% |
| Amounts receivable within one year | 40/41 | €37,550 | €167,242 | +€129,692 | +345.4% |
| Trade receivables | 40 | €26,953 | €26,964 | +€11 | 0.0% |
| Other amounts receivable | 41 | €10,597 | €140,278 | +€129,681 | +1223.8% |
| Current investments | 50/53 | €1,910,272 | €2,407,720 | +€497,448 | +26.0% |
| Cash at bank and in hand | 54/58 | €712,935 | €275,274 | -€437,660 | -61.4% |
| Deferred charges and accrued income | 490/1 | €5,575 | €5,117 | -€458 | -8.2% |
| Total equity and liabilities | 10/49 | €8,933,134 | €8,921,230 | -€11,904 | -0.1% |
| Equity | 10/15 | €7,325,335 | €7,731,375 | +€406,040 | +5.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €7,262,586 | €7,668,626 | +€406,040 | +5.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,002,093 | €936,632 | -€65,461 | -6.5% |
| Distributable reserves | 133 | €6,254,293 | €6,725,794 | +€471,501 | +7.5% |
| Profit (loss) carried forward | 14 | €749 | €749 | = | 0.0% |
| Provisions and deferred taxes | 16 | €334,031 | €312,211 | -€21,820 | -6.5% |
| Deferred taxes | 168 | €334,031 | €312,211 | -€21,820 | -6.5% |
| Amounts payable | 17/49 | €1,273,768 | €877,644 | -€396,124 | -31.1% |
| Amounts payable after more than one year | 17 | €764,367 | €584,375 | -€179,993 | -23.5% |
| Financial debts | 170/4 | €764,367 | €584,375 | -€179,993 | -23.5% |
| Amounts payable within one year | 42/48 | €508,731 | €293,269 | -€215,462 | -42.4% |
| Current portion of amounts payable after more than one year | 42 | €381,584 | €179,993 | -€201,591 | -52.8% |
| Trade debts | 44 | €16,371 | €30,916 | +€14,545 | +88.8% |
| Suppliers | 440/4 | €16,371 | €30,916 | +€14,545 | +88.8% |
| Taxes, remuneration and social security | 45 | €109,830 | €81,416 | -€28,415 | -25.9% |
| Taxes | 450/3 | €109,830 | €81,416 | -€28,415 | -25.9% |
| Other amounts payable | 47/48 | €945 | €945 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €670 | €0 | -€670 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237,934 | €237,388 | -€546 | -0.2% |
| Other operating charges | 640/8 | €41,139 | €36,238 | -€4,901 | -11.9% |
| Gross operating margin | 9900 | €797,129 | €871,058 | +€73,929 | +9.3% |
| Operating profit (loss) | 9901 | €518,056 | €597,432 | +€79,376 | +15.3% |
| Financial income | 75/76B | €170,302 | €178,188 | +€7,886 | +4.6% |
| Recurring financial income | 75 | €170,302 | €178,188 | +€7,886 | +4.6% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €17,497 | €57,558 | +€40,061 | +229.0% |
| Recurring financial charges | 65 | €17,497 | €57,558 | +€40,061 | +229.0% |
| Profit (loss) for the period before taxes | 9903 | €670,861 | €718,062 | +€47,200 | +7.0% |
| Transfer from deferred taxes | 780 | €21,820 | €21,820 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €233,480 | €233,841 | +€362 | +0.2% |
| Profit (loss) for the period | 9904 | €459,202 | €506,040 | +€46,838 | +10.2% |
| Transfer from tax-exempt reserves | 789 | €65,461 | €65,461 | -€0 | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €524,663 | €571,501 | +€46,838 | +8.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.