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 -€225,525
down €225,525 (-78.5%), from €287,182 to €61,657
of which Other amounts receivable: -€190,498
- Financial fixed assets -€51,025
no longer reported in 2025 (was €51,025)
- Cash +€14,428
up €14,428 (+140.2%), from €10,293 to €24,721
mainly Receivables within one year (+€225,525) and Net result for the year (+€88,085)
- Receivables after one year -€10,000
down €10,000 (-11.0%), from €91,000 to €81,000
- Profit (loss) carried forward -€218,467
down €218,467 (-96.4%), from €226,552 to €8,085
- Tax, wage and social debts -€54,100
down €54,100 (-88.0%), from €61,471 to €7,370
- Gross operating margin -€23,909
down €23,909 (-17.6%), from €136,028 to €112,119
- Taxes -€8,493
down €8,493 (-26.2%), from €32,392 to €23,899
- Financial income -€5,799
down €5,799 (-45.4%), from €12,766 to €6,968
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €444,934 | €174,433 | -€270,501 | -60.8% |
| Fixed assets | 21/28 | €55,198 | €5,924 | -€49,273 | -89.3% |
| Tangible fixed assets | 22/27 | €4,173 | €5,924 | +€1,752 | +42.0% |
| Furniture and vehicles | 24 | €2,797 | €4,753 | +€1,956 | +69.9% |
| Other tangible fixed assets | 26 | €1,375 | €1,171 | -€204 | -14.8% |
| Financial fixed assets | 28 | €51,025 | - | -€51,025 | |
| Current assets | 29/58 | €389,736 | €168,509 | -€221,228 | -56.8% |
| Amounts receivable after more than one year | 29 | €91,000 | €81,000 | -€10,000 | -11.0% |
| Other amounts receivable | 291 | €91,000 | €81,000 | -€10,000 | -11.0% |
| Amounts receivable within one year | 40/41 | €287,182 | €61,657 | -€225,525 | -78.5% |
| Trade receivables | 40 | €50,152 | €15,125 | -€35,027 | -69.8% |
| Other amounts receivable | 41 | €237,030 | €46,532 | -€190,498 | -80.4% |
| Cash at bank and in hand | 54/58 | €10,293 | €24,721 | +€14,428 | +140.2% |
| Deferred charges and accrued income | 490/1 | €1,262 | €1,131 | -€130 | -10.3% |
| Total equity and liabilities | 10/49 | €444,934 | €174,433 | -€270,501 | -60.8% |
| Equity | 10/15 | €302,979 | €84,513 | -€218,467 | -72.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €75,428 | €75,428 | = | 0.0% |
| Distributable reserves | 133 | €75,428 | €75,428 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,552 | €8,085 | -€218,467 | -96.4% |
| Amounts payable | 17/49 | €141,955 | €89,920 | -€52,034 | -36.7% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €66,580 | €14,545 | -€52,034 | -78.2% |
| Trade debts | 44 | €5,109 | €7,175 | +€2,066 | +40.4% |
| Suppliers | 440/4 | €5,109 | €7,175 | +€2,066 | +40.4% |
| Taxes, remuneration and social security | 45 | €61,471 | €7,370 | -€54,100 | -88.0% |
| Taxes | 450/3 | €61,471 | €7,370 | -€54,100 | -88.0% |
| Accrued charges and deferred income | 492/3 | €375 | €375 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,942 | €4,132 | +€191 | +4.8% |
| Other operating charges | 640/8 | €1,714 | €1,604 | -€110 | -6.4% |
| Non-recurring operating charges | 66A | €134 | €184 | +€50 | +37.2% |
| Gross operating margin | 9900 | €136,028 | €112,119 | -€23,909 | -17.6% |
| Operating profit (loss) | 9901 | €130,238 | €106,198 | -€24,040 | -18.5% |
| Financial income | 75/76B | €12,766 | €6,968 | -€5,799 | -45.4% |
| Recurring financial income | 75 | €12,766 | €6,968 | -€5,799 | -45.4% |
| Financial charges | 65/66B | €1,172 | €1,182 | +€10 | +0.9% |
| Recurring financial charges | 65 | €1,172 | €1,182 | +€10 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €141,833 | €111,984 | -€29,849 | -21.0% |
| Income taxes | 67/77 | €32,392 | €23,899 | -€8,493 | -26.2% |
| Profit (loss) for the period | 9904 | €109,441 | €88,085 | -€21,356 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €109,441 | €88,085 | -€21,356 | -19.5% |
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 10 October 2026 via checked.be.