Bas Construct: 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 Construct
Largest movements
- Cash +€31,184
up €31,184 (+570.1%), from €5,470 to €36,655
mainly Net result for the year (+€58,852) and Receivables within one year (+€20,062)
- Receivables within one year -€20,062
down €20,062 (-17.4%), from €115,510 to €95,449
of which Other amounts receivable: -€30,698
- Tangible fixed assets -€2,330
down €2,330 (-3.8%), from €61,818 to €59,489
of which Plant, machinery and equipment: -€13,947
- Deferred charges and accrued income +€2,256
up €2,256 (+203.0%), from €1,112 to €3,368
- Trade debts -€59,300
down €59,300 (-60.2%), from €98,537 to €39,237
- Reserves +€58,852
up €58,852 (+253.6%), from €23,207 to €82,058
- Other debts +€11,497
up €11,497 (+49.1%), from €23,440 to €34,937
- Tax, wage and social debts +€5,016
up €5,016 (+83.4%), from €6,017 to €11,033
of which Taxes: +€4,148
- Debts after one year -€5,000
down €5,000 (-20.0%), from €25,000 to €20,000
- Gross operating margin +€62,887
up €62,887 (+186.3%), from €33,761 to €96,648
- Depreciation +€14,000
up €14,000 (+460.2%), from €3,042 to €17,042
- Taxes +€9,148
up €9,148 (+152.0%), from €6,017 to €15,165
- Staff costs +€2,915
new in 2025: €2,915
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 | €183,910 | €194,960 | +€11,049 | +6.0% |
| Fixed assets | 21/28 | €61,818 | €59,489 | -€2,330 | -3.8% |
| Tangible fixed assets | 22/27 | €61,818 | €59,489 | -€2,330 | -3.8% |
| Plant, machinery and equipment | 23 | €47,500 | €33,553 | -€13,947 | -29.4% |
| Furniture and vehicles | 24 | €14,318 | €25,936 | +€11,617 | +81.1% |
| Current assets | 29/58 | €122,092 | €135,471 | +€13,379 | +11.0% |
| Amounts receivable within one year | 40/41 | €115,510 | €95,449 | -€20,062 | -17.4% |
| Trade receivables | 40 | €76,024 | €86,660 | +€10,636 | +14.0% |
| Other amounts receivable | 41 | €39,487 | €8,789 | -€30,698 | -77.7% |
| Cash at bank and in hand | 54/58 | €5,470 | €36,655 | +€31,184 | +570.1% |
| Deferred charges and accrued income | 490/1 | €1,112 | €3,368 | +€2,256 | +203.0% |
| Total equity and liabilities | 10/49 | €183,910 | €194,960 | +€11,049 | +6.0% |
| Equity | 10/15 | €29,207 | €88,058 | +€58,852 | +201.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €23,207 | €82,058 | +€58,852 | +253.6% |
| Distributable reserves | 133 | €23,207 | €82,058 | +€58,852 | +253.6% |
| Amounts payable | 17/49 | €154,704 | €106,902 | -€47,802 | -30.9% |
| Amounts payable after more than one year | 17 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Financial debts | 170/4 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Amounts payable within one year | 42/48 | €127,993 | €85,207 | -€42,787 | -33.4% |
| Trade debts | 44 | €98,537 | €39,237 | -€59,300 | -60.2% |
| Suppliers | 440/4 | €98,537 | €39,237 | -€59,300 | -60.2% |
| Taxes, remuneration and social security | 45 | €6,017 | €11,033 | +€5,016 | +83.4% |
| Taxes | 450/3 | €6,017 | €10,165 | +€4,148 | +68.9% |
| Remuneration and social security | 454/9 | - | €867 | +€867 | |
| Other amounts payable | 47/48 | €23,440 | €34,937 | +€11,497 | +49.1% |
| Accrued charges and deferred income | 492/3 | €1,710 | €1,695 | -€15 | -0.9% |
| Remuneration, social security and pensions | 62 | - | €2,915 | +€2,915 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,042 | €17,042 | +€14,000 | +460.2% |
| Other operating charges | 640/8 | €1,139 | €740 | -€399 | -35.0% |
| Non-recurring operating charges | 66A | - | €1,709 | +€1,709 | |
| Gross operating margin | 9900 | €33,761 | €96,648 | +€62,887 | +186.3% |
| Operating profit (loss) | 9901 | €29,580 | €74,243 | +€44,663 | +151.0% |
| Financial income | 75/76B | €106 | €435 | +€329 | +309.2% |
| Recurring financial income | 75 | €106 | €435 | +€329 | +309.2% |
| Financial charges | 65/66B | €462 | €661 | +€199 | +42.9% |
| Recurring financial charges | 65 | €462 | €661 | +€199 | +42.9% |
| Profit (loss) for the period before taxes | 9903 | €29,224 | €74,017 | +€44,793 | +153.3% |
| Income taxes | 67/77 | €6,017 | €15,165 | +€9,148 | +152.0% |
| Profit (loss) for the period | 9904 | €23,207 | €58,852 | +€35,645 | +153.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,207 | €58,852 | +€35,645 | +153.6% |
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 29 September 2026 via checked.be.