Basalte: 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.
What changed
Basalte
NACE 27.330, Manufacture of electrical equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€462,076
2024 · -€18,457-€443,620
Equity
€6.2m
2024 · €6.6m-€474,907
Cash
€1.5m
2024 · €895,693+€625,330
Balance sheet total
€20.3m
2024 · €19.0m+€1.4m
Largest movements
Assets
- Stocks and contracts +€790,002
up €790,002 (+15.4%), from €5.1m to €5.9m
- Cash +€625,330
up €625,330 (+69.8%), from €895,693 to €1.5m
mainly Depreciation (+€1.9m) and Trade debts (+€1.5m)
- Intangible fixed assets +€434,994
up €434,994 (+12.2%), from €3.6m to €4.0m
- Current investments -€405,253
down €405,253 (-65.5%), from €618,328 to €213,074
- Tangible fixed assets -€280,699
down €280,699 (-3.8%), from €7.4m to €7.1m
of which Land and buildings: -€199,815
Equity and liabilities
- Trade debts +€1.5m
up €1.5m (+71.0%), from €2.1m to €3.7m
- Advances received +€535,386
up €535,386 (+63.2%), from €847,711 to €1.4m
- Profit (loss) carried forward -€462,076
down €462,076 (-26.2%), from €1.8m to €1.3m
- Debts after one year -€366,682
down €366,682 (-4.6%), from €8.0m to €7.7m
Income statement
- Turnover +€3.3m
up €3.3m (+18.6%), from €17.5m to €20.8m
- Services and other goods +€2.0m
up €2.0m (+29.8%), from €6.7m to €8.7m
- Goods and materials +€1.6m
up €1.6m (+27.5%), from €5.8m to €7.4m
of which Purchases: +€4.1m
- Staff costs +€246,473
up €246,473 (+5.6%), from €4.4m to €4.6m
- Depreciation +€243,227
up €243,227 (+14.6%), from €1.7m to €1.9m
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.
Result 2024
-€18,457
Turnover
+€3.3m
Other operating income
+€12,817
Goods and materials
-€1.6m
Services and other goods
-€2.0m
Staff costs
-€246,473
Depreciation
-€243,227
Write-downs
+€66,767
Other operating charges
+€20,219
Other operating items
+€262,461
Financial income
+€19,960
Financial charges
-€112,380
Taxes
+€104,475
Result 2025
-€462,076
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.
From operations
+€2.7m
Investment
-€1.7m
Financing
-€426,384
Cash 2024
€895,693
From operations (derived)
+€2.7m
Net result for the year
-€462,076
Depreciation
+€1.9m
Stocks and contracts
-€790,002
Receivables within one year
-€85,043
Deferred charges and accrued income
-€119,460
Trade debts
+€1.5m
Tax, wage and social debts
+€137,257
Advances received
+€535,386
Accrued charges and deferred income
+€66,887
Investment (derived)
-€1.7m
Investment in fixed assets (net)
-€2.1m
Current investments
+€405,253
Financing
-€426,384
Debts after one year
-€366,682
Current portion of long-term debt
-€46,870
Contributions, distributions and other
-€12,831
Cash 2025
€1.5m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,953,142 | €20,320,159 | +€1.4m | +7.2% |
| Fixed assets | 21/28 | €10,925,002 | €11,077,438 | +€152,436 | +1.4% |
| Intangible fixed assets | 21 | €3,558,027 | €3,993,021 | +€434,994 | +12.2% |
| Tangible fixed assets | 22/27 | €7,361,988 | €7,081,290 | -€280,699 | -3.8% |
| Land and buildings | 22 | €6,671,485 | €6,471,671 | -€199,815 | -3.0% |
| Plant, machinery and equipment | 23 | €477,010 | €344,360 | -€132,650 | -27.8% |
| Furniture and vehicles | 24 | €213,493 | €231,188 | +€17,695 | +8.3% |
| Assets under construction and advance payments | 27 | - | €34,071 | +€34,071 | |
| Financial fixed assets | 28 | €4,987 | €3,127 | -€1,860 | -37.3% |
| Other financial fixed assets | 284/8 | €4,987 | €3,127 | -€1,860 | -37.3% |
| Shares | 284 | €1,487 | €1,487 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,500 | €1,640 | -€1,860 | -53.1% |
| Current assets | 29/58 | €8,028,140 | €9,242,721 | +€1.2m | +15.1% |
| Stocks and contracts in progress | 3 | €5,132,618 | €5,922,620 | +€790,002 | +15.4% |
| Stocks | 30/36 | €5,132,618 | €5,922,620 | +€790,002 | +15.4% |
| Raw materials and consumables | 30/31 | €3,959,029 | €4,571,296 | +€612,267 | +15.5% |
| Finished goods | 33 | €964,276 | €1,082,311 | +€118,035 | +12.2% |
| Goods purchased for resale | 34 | €209,312 | €269,013 | +€59,700 | +28.5% |
| Advance payments | 36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,160,886 | €1,245,929 | +€85,043 | +7.3% |
| Trade receivables | 40 | €954,843 | €908,510 | -€46,333 | -4.9% |
| Other amounts receivable | 41 | €206,043 | €337,419 | +€131,376 | +63.8% |
| Current investments | 50/53 | €618,328 | €213,074 | -€405,253 | -65.5% |
| Other investments | 51/53 | €618,328 | €213,074 | -€405,253 | -65.5% |
| Cash at bank and in hand | 54/58 | €895,693 | €1,521,023 | +€625,330 | +69.8% |
| Deferred charges and accrued income | 490/1 | €220,616 | €340,076 | +€119,460 | +54.1% |
| Total equity and liabilities | 10/49 | €18,953,142 | €20,320,159 | +€1.4m | +7.2% |
| Equity | 10/15 | €6,636,382 | €6,161,475 | -€474,907 | -7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,620,348 | €4,620,348 | = | 0.0% |
| Distributable reserves | 133 | €4,620,348 | €4,620,348 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,766,476 | €1,304,400 | -€462,076 | -26.2% |
| Investment grants | 15 | €230,958 | €218,127 | -€12,831 | -5.6% |
| Amounts payable | 17/49 | €12,316,760 | €14,158,685 | +€1.8m | +15.0% |
| Amounts payable after more than one year | 17 | €8,025,821 | €7,659,138 | -€366,682 | -4.6% |
| Financial debts | 170/4 | €8,025,821 | €7,659,138 | -€366,682 | -4.6% |
| Credit institutions | 173 | €5,225,821 | €4,859,138 | -€366,682 | -7.0% |
| Other loans | 174 | €2,800,000 | €2,800,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,059,122 | €6,200,842 | +€2.1m | +52.8% |
| Current portion of amounts payable after more than one year | 42 | €444,718 | €397,848 | -€46,870 | -10.5% |
| Trade debts | 44 | €2,134,118 | €3,650,064 | +€1.5m | +71.0% |
| Suppliers | 440/4 | €2,134,118 | €3,650,064 | +€1.5m | +71.0% |
| Advances received on contracts in progress | 46 | €847,711 | €1,383,097 | +€535,386 | +63.2% |
| Taxes, remuneration and social security | 45 | €632,575 | €769,832 | +€137,257 | +21.7% |
| Taxes | 450/3 | €60,710 | €78,452 | +€17,743 | +29.2% |
| Remuneration and social security | 454/9 | €571,866 | €691,380 | +€119,514 | +20.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €231,817 | €298,705 | +€66,887 | +28.9% |
| Operating income | 70/76A | €19,092,196 | €22,632,982 | +€3.5m | +18.5% |
| Turnover | 70 | €17,528,152 | €20,790,419 | +€3.3m | +18.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €27,070 | €118,035 | +€90,966 | +336.0% |
| Own construction capitalised | 72 | €1,188,244 | €1,360,731 | +€172,486 | +14.5% |
| Other operating income | 74 | €348,730 | €361,547 | +€12,817 | +3.7% |
| Non-recurring operating income | 76A | - | €2,250 | +€2,250 | |
| Operating charges | 60/66A | €18,680,726 | €22,677,187 | +€4.0m | +21.4% |
| Goods for resale, raw materials and consumables | 60 | €5,824,752 | €7,424,192 | +€1.6m | +27.5% |
| Purchases | 600/8 | €4,033,003 | €8,111,357 | +€4.1m | +101.1% |
| Change in stocks: decrease (increase) | 609 | €1,791,750 | -€687,165 | -€2.5m | |
| Services and other goods | 61 | €6,685,769 | €8,676,834 | +€2.0m | +29.8% |
| Remuneration, social security and pensions | 62 | €4,367,595 | €4,614,068 | +€246,473 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,667,488 | €1,910,715 | +€243,227 | +14.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €81,965 | €15,198 | -€66,767 | -81.5% |
| Other operating charges | 640/8 | €53,157 | €32,939 | -€20,219 | -38.0% |
| Non-recurring operating charges | 66A | €0 | €3,241 | +€3,241 | |
| Operating profit (loss) | 9901 | €411,470 | -€44,204 | -€455,674 | |
| Financial income | 75/76B | €98,856 | €118,815 | +€19,960 | +20.2% |
| Recurring financial income | 75 | €98,856 | €118,815 | +€19,960 | +20.2% |
| Income from financial fixed assets | 750 | €8,024 | €28,491 | +€20,468 | +255.1% |
| Other financial income | 752/9 | €90,832 | €90,324 | -€508 | -0.6% |
| Financial charges | 65/66B | €469,879 | €582,259 | +€112,380 | +23.9% |
| Recurring financial charges | 65 | €469,879 | €582,259 | +€112,380 | +23.9% |
| Debt charges | 650 | €331,328 | €252,847 | -€78,481 | -23.7% |
| Other financial charges | 652/9 | €138,551 | €329,412 | +€190,861 | +137.8% |
| Profit (loss) for the period before taxes | 9903 | €40,447 | -€507,648 | -€548,095 | |
| Income taxes | 67/77 | €58,903 | -€45,572 | -€104,475 | |
| Taxes | 670/3 | €58,903 | €4,683 | -€54,220 | -92.0% |
| Tax adjustments and reversals of tax provisions | 77 | - | €50,255 | +€50,255 | |
| Profit (loss) for the period | 9904 | -€18,457 | -€462,076 | -€443,620 | -2403.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,457 | -€462,076 | -€443,620 | -2403.6% |
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 2 October 2026 via checked.be.