BAS: 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.
BAS
Largest movements
- Intangible fixed assets -€233,684
down €233,684 (-65.1%), from €359,133 to €125,449
- Receivables within one year +€24,122
up €24,122 (+732%), from €3,296 to €27,418
of which Other amounts receivable: +€18,669
- Cash +€20,210
up €20,210 (+1,614%), from €1,252 to €21,463
mainly Debts after one year (+€594,503) and Depreciation (+€241,624)
- Tangible fixed assets -€7,940
down €7,940 (-32.6%), from €24,355 to €16,415
- Profit (loss) carried forward -€729,239
down €729,239 (-62.5%), from -€1.2m to -€1.9m
- Debts after one year +€594,503
up €594,503 (+50.7%), from €1.2m to €1.8m
- Tax, wage and social debts -€32,152
down €32,152 (-79.6%), from €40,388 to €8,236
of which Taxes: -€32,394
- Trade debts -€19,905
no longer reported in 2025 (was €19,905)
- Accrued charges and deferred income -€10,498
down €10,498 (-11.1%), from €94,503 to €84,005
- Gross operating margin -€181,163
down €181,163 (-119%), from -€152,803 to -€333,966
- Depreciation -€124,407
down €124,407 (-34.0%), from €366,031 to €241,624
- Financial charges -€7,642
down €7,642 (-8.1%), from €94,607 to €86,966
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 | €409,164 | €211,873 | -€197,292 | -48.2% |
| Fixed assets | 21/28 | €390,388 | €148,764 | -€241,624 | -61.9% |
| Intangible fixed assets | 21 | €359,133 | €125,449 | -€233,684 | -65.1% |
| Tangible fixed assets | 22/27 | €24,355 | €16,415 | -€7,940 | -32.6% |
| Plant, machinery and equipment | 23 | €24,355 | €16,415 | -€7,940 | -32.6% |
| Financial fixed assets | 28 | €6,900 | €6,900 | = | 0.0% |
| Current assets | 29/58 | €18,777 | €63,109 | +€44,332 | +236% |
| Stocks and contracts in progress | 3 | €14,228 | €14,228 | = | 0.0% |
| Stocks | 30/36 | €14,228 | €14,228 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,296 | €27,418 | +€24,122 | +732% |
| Trade receivables | 40 | - | €5,453 | +€5,453 | |
| Other amounts receivable | 41 | €3,296 | €21,965 | +€18,669 | +566% |
| Cash at bank and in hand | 54/58 | €1,252 | €21,463 | +€20,210 | +1,614% |
| Total equity and liabilities | 10/49 | €409,164 | €211,873 | -€197,292 | -48.2% |
| Equity | 10/15 | -€917,249 | -€1,646,488 | -€729,239 | -79.5% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,167,249 | -€1,896,488 | -€729,239 | -62.5% |
| Amounts payable | 17/49 | €1,326,414 | €1,858,361 | +€531,947 | +40.1% |
| Amounts payable after more than one year | 17 | €1,171,618 | €1,766,121 | +€594,503 | +50.7% |
| Financial debts | 170/4 | €1,171,618 | €1,766,121 | +€594,503 | +50.7% |
| Amounts payable within one year | 42/48 | €60,293 | €8,236 | -€52,057 | -86.3% |
| Trade debts | 44 | €19,905 | - | -€19,905 | |
| Suppliers | 440/4 | €19,905 | - | -€19,905 | |
| Taxes, remuneration and social security | 45 | €40,388 | €8,236 | -€32,152 | -79.6% |
| Taxes | 450/3 | €32,394 | - | -€32,394 | |
| Remuneration and social security | 454/9 | €7,994 | €8,236 | +€242 | +3.0% |
| Accrued charges and deferred income | 492/3 | €94,503 | €84,005 | -€10,498 | -11.1% |
| Remuneration, social security and pensions | 62 | €66,173 | €65,797 | -€376 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €366,031 | €241,624 | -€124,407 | -34.0% |
| Other operating charges | 640/8 | €814 | €887 | +€73 | +8.9% |
| Gross operating margin | 9900 | -€152,803 | -€333,966 | -€181,163 | -119% |
| Operating profit (loss) | 9901 | -€585,821 | -€642,273 | -€56,453 | -9.6% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €94,607 | €86,966 | -€7,642 | -8.1% |
| Recurring financial charges | 65 | €94,607 | €86,966 | -€7,642 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€680,425 | -€729,239 | -€48,814 | -7.2% |
| Profit (loss) for the period | 9904 | -€680,425 | -€729,239 | -€48,814 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€680,425 | -€729,239 | -€48,814 | -7.2% |
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 17 October 2026 via checked.be.