BASALTEX: what changed
What changed
BASALTEX
NACE 74.999, Other professional, scientific and technical activities
filed annual accounts (NBB)
Net result for the year
€208,562
2024 · €117,078+€91,484
Equity
€1.4m
2024 · €1.2m+€208,562
Cash
€41,335
2024 · €930+€40,405
Balance sheet total
€2.1m
2024 · €1.6m+€518,502
Largest movements
Assets
- Receivables within one year +€467,149
up €467,149 (+59.5%), from €784,930 to €1.3m
of which Other amounts receivable: +€360,730
- Cash +€40,405
up €40,405 (+4,343%), from €930 to €41,335
mainly Trade debts (+€263,087) and Net result for the year (+€208,562)
Equity and liabilities
- Trade debts +€263,087
up €263,087 (+174%), from €150,943 to €414,030
- Reserves +€208,562
up €208,562 (+95.1%), from €219,237 to €427,799
of which Distributable reserves: +€208,562
- Accrued charges and deferred income +€62,995
up €62,995 (+77.5%), from €81,276 to €144,271
Income statement
- Gross operating margin +€112,994
up €112,994 (+19.4%), from €583,736 to €696,730
- Write-downs +€66,540
up €66,540, from -€38,931 to €27,609
- Staff costs -€43,707
down €43,707 (-13.4%), from €325,416 to €281,709
- Taxes -€21,304
down €21,304 (-29.6%), from €71,900 to €50,596
- Financial income -€10,873
down €10,873 (-34.6%), from €31,385 to €20,512
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€117,078
Gross operating margin
+€112,994
Staff costs
+€43,707
Depreciation
-€7,752
Write-downs
-€66,540
Other operating charges
+€2,425
Other operating items
-€4,678
Financial income
-€10,873
Financial charges
+€897
Taxes
+€21,304
Result 2025
€208,562
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€165,819
Investment
-€125,414
Financing
€0
Cash 2024
€930
From operations (derived)
+€165,819
Net result for the year
+€208,562
Depreciation
+€118,257
Stocks and contracts
-€10,908
Receivables within one year
-€467,149
Deferred charges and accrued income
+€7,116
Trade debts
+€263,087
Tax, wage and social debts
-€16,142
Accrued charges and deferred income
+€62,995
Investment (derived)
-€125,414
Investment in fixed assets (net)
-€125,414
Cash 2025
€41,335
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,553,111 | €2,071,613 | +€518,502 | +33.4% |
| Fixed assets | 21/28 | €193,756 | €200,913 | +€7,156 | +3.7% |
| Intangible fixed assets | 21 | €193,266 | €200,913 | +€7,647 | +4.0% |
| Tangible fixed assets | 22/27 | €490 | - | -€490 | |
| Plant, machinery and equipment | 23 | €490 | - | -€490 | |
| Current assets | 29/58 | €1,359,355 | €1,870,701 | +€511,346 | +37.6% |
| Stocks and contracts in progress | 3 | €548,952 | €559,860 | +€10,908 | +2.0% |
| Stocks | 30/36 | €548,952 | €559,860 | +€10,908 | +2.0% |
| Amounts receivable within one year | 40/41 | €784,930 | €1,252,080 | +€467,149 | +59.5% |
| Trade receivables | 40 | €219,207 | €325,627 | +€106,420 | +48.5% |
| Other amounts receivable | 41 | €565,723 | €926,453 | +€360,730 | +63.8% |
| Cash at bank and in hand | 54/58 | €930 | €41,335 | +€40,405 | +4,343% |
| Deferred charges and accrued income | 490/1 | €24,543 | €17,426 | -€7,116 | -29.0% |
| Total equity and liabilities | 10/49 | €1,553,111 | €2,071,613 | +€518,502 | +33.4% |
| Equity | 10/15 | €1,219,237 | €1,427,799 | +€208,562 | +17.1% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €219,237 | €427,799 | +€208,562 | +95.1% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €119,237 | €327,799 | +€208,562 | +175% |
| Amounts payable | 17/49 | €333,874 | €643,814 | +€309,940 | +92.8% |
| Amounts payable within one year | 42/48 | €252,598 | €499,543 | +€246,945 | +97.8% |
| Trade debts | 44 | €150,943 | €414,030 | +€263,087 | +174% |
| Suppliers | 440/4 | €150,943 | €414,030 | +€263,087 | +174% |
| Taxes, remuneration and social security | 45 | €101,656 | €85,514 | -€16,142 | -15.9% |
| Taxes | 450/3 | - | €2,255 | +€2,255 | |
| Remuneration and social security | 454/9 | €101,656 | €83,258 | -€18,397 | -18.1% |
| Accrued charges and deferred income | 492/3 | €81,276 | €144,271 | +€62,995 | +77.5% |
| Remuneration, social security and pensions | 62 | €325,416 | €281,709 | -€43,707 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,505 | €118,257 | +€7,752 | +7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€38,931 | €27,609 | +€66,540 | |
| Other operating charges | 640/8 | €13,635 | €11,211 | -€2,425 | -17.8% |
| Non-recurring operating charges | 66A | €3,715 | €8,393 | +€4,678 | +126% |
| Gross operating margin | 9900 | €583,736 | €696,730 | +€112,994 | +19.4% |
| Operating profit (loss) | 9901 | €169,395 | €249,549 | +€80,154 | +47.3% |
| Financial income | 75/76B | €31,385 | €20,512 | -€10,873 | -34.6% |
| Recurring financial income | 75 | €31,385 | €20,512 | -€10,873 | -34.6% |
| Financial charges | 65/66B | €11,801 | €10,903 | -€897 | -7.6% |
| Recurring financial charges | 65 | €11,801 | €10,903 | -€897 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €188,979 | €259,158 | +€70,179 | +37.1% |
| Income taxes | 67/77 | €71,900 | €50,596 | -€21,304 | -29.6% |
| Profit (loss) for the period | 9904 | €117,078 | €208,562 | +€91,484 | +78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €117,078 | €208,562 | +€91,484 | +78.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.