BASCO: 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.
BASCO
Largest movements
- Receivables within one year -€2.0m
down €2.0m (-99.9%), from €2.0m to €2,653
of which Other amounts receivable: -€2.0m
- Current investments +€257,806
new in 2026: €257,806
- Other debts -€5.1m
down €5.1m (-100%), from €5.1m to €0
- Reserves +€3.6m
up €3.6m (+49.5%), from €7.2m to €10.8m
of which Distributable reserves: +€3.6m
- Financial income +€3.0m
up €3.0m (+462%), from €645,684 to €3.6m
of which Non-recurring financial income: +€3.0m
- Financial charges +€1,490
up €1,490 (+18.4%), from €8,100 to €9,590
- Gross operating margin +€1,441
up €1,441 (+3.9%), from -€36,706 to -€35,264
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,029,335 | €12,406,027 | -€1.6m | -11.6% |
| Fixed assets | 21/28 | €11,833,378 | €11,905,798 | +€72,419 | +0.6% |
| Financial fixed assets | 28 | €11,833,378 | €11,905,798 | +€72,419 | +0.6% |
| Current assets | 29/58 | €2,195,957 | €500,230 | -€1.7m | -77.2% |
| Amounts receivable within one year | 40/41 | €2,002,422 | €2,653 | -€2.0m | -99.9% |
| Trade receivables | 40 | €115 | €0 | -€115 | -100% |
| Other amounts receivable | 41 | €2,002,307 | €2,653 | -€2.0m | -99.9% |
| Current investments | 50/53 | - | €257,806 | +€257,806 | |
| Cash at bank and in hand | 54/58 | €35,398 | €31,542 | -€3,855 | -10.9% |
| Deferred charges and accrued income | 490/1 | €158,137 | €208,228 | +€50,091 | +31.7% |
| Total equity and liabilities | 10/49 | €14,029,335 | €12,406,027 | -€1.6m | -11.6% |
| Equity | 10/15 | €8,663,852 | €12,249,264 | +€3.6m | +41.4% |
| Contributions | 10/11 | €1,425,000 | €1,425,000 | = | 0.0% |
| Capital | 10 | €1,425,000 | €1,425,000 | = | 0.0% |
| Issued capital | 100 | €1,425,000 | €1,425,000 | = | 0.0% |
| Reserves | 13 | €7,238,852 | €10,824,264 | +€3.6m | +49.5% |
| Non-distributable reserves | 130/1 | €159,727 | €159,727 | = | 0.0% |
| Legal reserve | 130 | €142,500 | €142,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,227 | €17,227 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €7,060,375 | €10,645,787 | +€3.6m | +50.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €5,365,483 | €156,763 | -€5.2m | -97.1% |
| Amounts payable after more than one year | 17 | €139,567 | €29,966 | -€109,600 | -78.5% |
| Financial debts | 170/4 | €139,567 | €29,966 | -€109,600 | -78.5% |
| Amounts payable within one year | 42/48 | €5,214,734 | €118,549 | -€5.1m | -97.7% |
| Current portion of amounts payable after more than one year | 42 | €109,600 | €109,600 | = | 0.0% |
| Trade debts | 44 | €10,074 | €8,949 | -€1,125 | -11.2% |
| Suppliers | 440/4 | €10,074 | €8,949 | -€1,125 | -11.2% |
| Other amounts payable | 47/48 | €5,095,060 | €0 | -€5.1m | -100% |
| Accrued charges and deferred income | 492/3 | €11,182 | €8,248 | -€2,934 | -26.2% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €1,166 | €1,126 | -€40 | -3.4% |
| Gross operating margin | 9900 | -€36,706 | -€35,264 | +€1,441 | +3.9% |
| Operating profit (loss) | 9901 | -€37,872 | -€36,391 | +€1,481 | +3.9% |
| Financial income | 75/76B | €645,684 | €3,631,392 | +€3.0m | +462% |
| Recurring financial income | 75 | €51,378 | €54,412 | +€3,034 | +5.9% |
| Non-recurring financial income | 76B | €594,306 | €3,576,980 | +€3.0m | +502% |
| Financial charges | 65/66B | €8,100 | €9,590 | +€1,490 | +18.4% |
| Recurring financial charges | 65 | €8,100 | €9,590 | +€1,490 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | €599,712 | €3,585,412 | +€3.0m | +498% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €599,712 | €3,585,412 | +€3.0m | +498% |
| Profit (loss) for the period to be appropriated | 9905 | €599,712 | €3,585,412 | +€3.0m | +498% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.