Basart: 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.
Basart
Largest movements
- Receivables after one year +€344,374
new in 2025: €344,374
- Cash -€76,292
down €76,292 (-89.8%), from €84,923 to €8,631
mainly Receivables after one year (-€344,374) and Investment in fixed assets (net) (-€49,014)
- Financial fixed assets +€49,014
up €49,014 (+4,969%), from €986 to €50,000
- Receivables within one year +€34,155
up €34,155 (+234%), from €14,592 to €48,747
of which Trade receivables: +€45,553
- Tangible fixed assets -€4,673
down €4,673 (-32.9%), from €14,223 to €9,550
of which Furniture and vehicles: -€3,923
- Profit (loss) carried forward +€219,790
up €219,790 (+315%), from €69,738 to €289,528
- Tax, wage and social debts +€80,000
up €80,000 (+390%), from €20,500 to €100,500
- Trade debts +€29,086
up €29,086 (+149%), from €19,472 to €48,558
- Debts after one year +€17,303
new in 2025: €17,303
- Gross operating margin +€213,506
up €213,506 (+255%), from €83,821 to €297,327
- Taxes +€60,000
up €60,000 (+300%), from €20,000 to €80,000
- Financial income +€9,463
up €9,463 (+2,377%), from €398 to €9,861
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 | €114,724 | €461,301 | +€346,577 | +302% |
| Fixed assets | 21/28 | €15,209 | €59,550 | +€44,341 | +292% |
| Tangible fixed assets | 22/27 | €14,223 | €9,550 | -€4,673 | -32.9% |
| Plant, machinery and equipment | 23 | €3,348 | €2,598 | -€750 | -22.4% |
| Furniture and vehicles | 24 | €10,875 | €6,952 | -€3,923 | -36.1% |
| Financial fixed assets | 28 | €986 | €50,000 | +€49,014 | +4,969% |
| Current assets | 29/58 | €99,515 | €401,751 | +€302,236 | +304% |
| Amounts receivable after more than one year | 29 | - | €344,374 | +€344,374 | |
| Other amounts receivable | 291 | - | €344,374 | +€344,374 | |
| Amounts receivable within one year | 40/41 | €14,592 | €48,747 | +€34,155 | +234% |
| Trade receivables | 40 | - | €45,553 | +€45,553 | |
| Other amounts receivable | 41 | €14,592 | €3,193 | -€11,399 | -78.1% |
| Cash at bank and in hand | 54/58 | €84,923 | €8,631 | -€76,292 | -89.8% |
| Total equity and liabilities | 10/49 | €114,724 | €461,301 | +€346,577 | +302% |
| Equity | 10/15 | €70,738 | €290,528 | +€219,790 | +311% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,738 | €289,528 | +€219,790 | +315% |
| Amounts payable | 17/49 | €43,986 | €170,773 | +€126,786 | +288% |
| Amounts payable after more than one year | 17 | - | €17,303 | +€17,303 | |
| Financial debts | 170/4 | - | €17,303 | +€17,303 | |
| Amounts payable within one year | 42/48 | €43,986 | €153,470 | +€109,483 | +249% |
| Financial debts | 43 | €4,014 | €4,411 | +€397 | +9.9% |
| Credit institutions | 430/8 | €4,014 | €4,411 | +€397 | +9.9% |
| Trade debts | 44 | €19,472 | €48,558 | +€29,086 | +149% |
| Suppliers | 440/4 | €19,472 | €48,558 | +€29,086 | +149% |
| Taxes, remuneration and social security | 45 | €20,500 | €100,500 | +€80,000 | +390% |
| Taxes | 450/3 | €20,500 | €100,500 | +€80,000 | +390% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,657 | €4,673 | +€17 | +0.4% |
| Other operating charges | 640/8 | €1,503 | €1,169 | -€335 | -22.3% |
| Gross operating margin | 9900 | €83,821 | €297,327 | +€213,506 | +255% |
| Operating profit (loss) | 9901 | €77,661 | €291,486 | +€213,825 | +275% |
| Financial income | 75/76B | €398 | €9,861 | +€9,463 | +2,377% |
| Recurring financial income | 75 | €398 | €9,861 | +€9,463 | +2,377% |
| Financial charges | 65/66B | €2,138 | €1,557 | -€582 | -27.2% |
| Recurring financial charges | 65 | €2,138 | €1,557 | -€582 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €75,921 | €299,790 | +€223,869 | +295% |
| Income taxes | 67/77 | €20,000 | €80,000 | +€60,000 | +300% |
| Profit (loss) for the period | 9904 | €55,921 | €219,790 | +€163,869 | +293% |
| Profit (loss) for the period to be appropriated | 9905 | €55,921 | €219,790 | +€163,869 | +293% |
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 19 October 2026 via checked.be.