BASCO: what changed
What changed
BASCO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
€47,646
2024 · €56,938-€9,292
Equity
€72,883
2024 · €245,236-€172,354
Cash
€60,750
2024 · €34,377+€26,373
Balance sheet total
€1.0m
2024 · €1.1m-€30,958
Largest movements
Assets
- Tangible fixed assets -€64,822
down €64,822 (-6.5%), from €999,075 to €934,253
of which Land and buildings: -€62,922
- Cash +€26,373
up €26,373 (+76.7%), from €34,377 to €60,750
mainly Other debts (+€185,522) and Depreciation (+€109,649)
Equity and liabilities
- Other debts +€185,522
up €185,522 (+2,013%), from €9,215 to €194,737
- Profit (loss) carried forward -€172,354
down €172,354 (-76.7%), from €224,826 to €52,473
- Debts after one year -€56,816
down €56,816 (-8.3%), from €688,038 to €631,222
- Accrued charges and deferred income +€10,576
up €10,576 (+20.6%), from €51,427 to €62,004
Income statement
- Taxes +€11,500
up €11,500 (+420%), from €2,740 to €14,240
- Gross operating margin +€6,380
up €6,380 (+3.5%), from €183,208 to €189,588
- Depreciation +€4,431
up €4,431 (+4.2%), from €105,219 to €109,649
- Financial charges -€2,234
down €2,234 (-16.7%), from €13,385 to €11,152
- Other operating charges +€2,018
up €2,018 (+40.9%), from €4,930 to €6,948
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
€56,938
Gross operating margin
+€6,380
Depreciation
-€4,431
Other operating charges
-€2,018
Financial income
+€43
Financial charges
+€2,234
Taxes
-€11,500
Result 2025
€47,646
raises the resultlowers the result
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
+€347,209
Investment
-€44,828
Financing
-€276,009
Cash 2024
€34,377
From operations (derived)
+€347,209
Net result for the year
+€47,646
Depreciation
+€109,649
Receivables within one year
-€10,225
Deferred charges and accrued income
+€2,734
Trade debts
-€1,906
Tax, wage and social debts
+€3,212
Other debts
+€185,522
Accrued charges and deferred income
+€10,576
Investment (derived)
-€44,828
Investment in fixed assets (net)
-€44,828
Financing
-€276,009
Debts after one year
-€56,816
Current portion of long-term debt
+€807
Contributions, distributions and other
-€220,000
Cash 2025
€60,750
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,055,687 | €1,024,729 | -€30,958 | -2.9% |
| Fixed assets | 21/28 | €999,075 | €934,253 | -€64,822 | -6.5% |
| Tangible fixed assets | 22/27 | €999,075 | €934,253 | -€64,822 | -6.5% |
| Land and buildings | 22 | €957,049 | €894,127 | -€62,922 | -6.6% |
| Plant, machinery and equipment | 23 | €3,305 | €10,216 | +€6,911 | +209% |
| Furniture and vehicles | 24 | €27,140 | €24,539 | -€2,601 | -9.6% |
| Other tangible fixed assets | 26 | €11,581 | €5,371 | -€6,210 | -53.6% |
| Current assets | 29/58 | €56,612 | €90,476 | +€33,864 | +59.8% |
| Amounts receivable within one year | 40/41 | €16,555 | €26,780 | +€10,225 | +61.8% |
| Trade receivables | 40 | €12,653 | €25,138 | +€12,486 | +98.7% |
| Other amounts receivable | 41 | €3,902 | €1,642 | -€2,260 | -57.9% |
| Cash at bank and in hand | 54/58 | €34,377 | €60,750 | +€26,373 | +76.7% |
| Deferred charges and accrued income | 490/1 | €5,681 | €2,946 | -€2,734 | -48.1% |
| Total equity and liabilities | 10/49 | €1,055,687 | €1,024,729 | -€30,958 | -2.9% |
| Equity | 10/15 | €245,236 | €72,883 | -€172,354 | -70.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €224,826 | €52,473 | -€172,354 | -76.7% |
| Amounts payable | 17/49 | €810,451 | €951,847 | +€141,396 | +17.4% |
| Amounts payable after more than one year | 17 | €688,038 | €631,222 | -€56,816 | -8.3% |
| Financial debts | 170/4 | €688,038 | €631,222 | -€56,816 | -8.3% |
| Amounts payable within one year | 42/48 | €70,986 | €258,621 | +€187,635 | +264% |
| Current portion of amounts payable after more than one year | 42 | €56,009 | €56,816 | +€807 | +1.4% |
| Trade debts | 44 | €3,288 | €1,383 | -€1,906 | -58.0% |
| Suppliers | 440/4 | €3,288 | €1,383 | -€1,906 | -58.0% |
| Taxes, remuneration and social security | 45 | €2,474 | €5,685 | +€3,212 | +130% |
| Taxes | 450/3 | €2,474 | €5,685 | +€3,212 | +130% |
| Other amounts payable | 47/48 | €9,215 | €194,737 | +€185,522 | +2,013% |
| Accrued charges and deferred income | 492/3 | €51,427 | €62,004 | +€10,576 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,219 | €109,649 | +€4,431 | +4.2% |
| Other operating charges | 640/8 | €4,930 | €6,948 | +€2,018 | +40.9% |
| Gross operating margin | 9900 | €183,208 | €189,588 | +€6,380 | +3.5% |
| Operating profit (loss) | 9901 | €73,060 | €72,991 | -€69 | -0.1% |
| Financial income | 75/76B | €4 | €47 | +€43 | +1,217% |
| Recurring financial income | 75 | €4 | €47 | +€43 | +1,217% |
| Financial charges | 65/66B | €13,385 | €11,152 | -€2,234 | -16.7% |
| Recurring financial charges | 65 | €13,385 | €11,152 | -€2,234 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €59,678 | €61,886 | +€2,208 | +3.7% |
| Income taxes | 67/77 | €2,740 | €14,240 | +€11,500 | +420% |
| Profit (loss) for the period | 9904 | €56,938 | €47,646 | -€9,292 | -16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,938 | €47,646 | -€9,292 | -16.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.