BAS EQUESTRIAN: 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 EQUESTRIAN
Largest movements
- Cash -€1,013
down €1,013 (-25.2%), from €4,016 to €3,003
mainly Net result for the year (-€1,025)
- Profit (loss) carried forward -€1,025
down €1,025 (-66.4%), from -€1,544 to -€2,569
- Gross operating margin -€196
down €196 (-52.0%), from -€378 to -€574
- Other operating charges -€38
down €38 (-8.6%), from €437 to €400
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 | €48,502 | €47,489 | -€1,013 | -2.1% |
| Current assets | 29/58 | €48,502 | €47,489 | -€1,013 | -2.1% |
| Stocks and contracts in progress | 3 | €23,558 | €23,558 | = | 0.0% |
| Stocks | 30/36 | €23,558 | €23,558 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,928 | €20,928 | = | 0.0% |
| Trade receivables | 40 | €20,816 | €20,816 | = | 0.0% |
| Other amounts receivable | 41 | €112 | €112 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,016 | €3,003 | -€1,013 | -25.2% |
| Total equity and liabilities | 10/49 | €48,502 | €47,489 | -€1,013 | -2.1% |
| Equity | 10/15 | €17,056 | €16,031 | -€1,025 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,544 | -€2,569 | -€1,025 | -66.4% |
| Amounts payable | 17/49 | €31,446 | €31,458 | +€12 | 0.0% |
| Amounts payable within one year | 42/48 | €31,446 | €31,458 | +€12 | 0.0% |
| Trade debts | 44 | €387 | €400 | +€12 | +3.2% |
| Suppliers | 440/4 | €387 | €400 | +€12 | +3.2% |
| Other amounts payable | 47/48 | €31,058 | €31,058 | = | 0.0% |
| Other operating charges | 640/8 | €437 | €400 | -€38 | -8.6% |
| Gross operating margin | 9900 | -€378 | -€574 | -€196 | -52.0% |
| Operating profit (loss) | 9901 | -€815 | -€974 | -€159 | -19.5% |
| Financial charges | 65/66B | €50 | €51 | +€1 | +2.6% |
| Recurring financial charges | 65 | €50 | €51 | +€1 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€865 | -€1,025 | -€160 | -18.5% |
| Profit (loss) for the period | 9904 | -€865 | -€1,025 | -€160 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€865 | -€1,025 | -€160 | -18.5% |
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 6 October 2026 via checked.be.