BASCO: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
BASCO
Largest movements
- Tangible fixed assets -€10,746
down €10,746 (-3.8%), from €279,805 to €269,059
of which Land and buildings: -€10,402
- Receivables within one year -€5,512
down €5,512 (-22.2%), from €24,874 to €19,361
of which Trade receivables: -€9,897
- Debts after one year -€25,799
down €25,799 (-17.8%), from €144,659 to €118,860
- Trade debts +€9,745
up €9,745 (+158%), from €6,154 to €15,899
- Reserves -€7,633
down €7,633 (-9.4%), from €81,164 to €73,532
of which Distributable reserves: -€7,633
- Tax, wage and social debts +€6,024
up €6,024 (+82.0%), from €7,344 to €13,367
of which Remuneration and social security: +€5,099
- Current portion of long-term debt -€3,943
down €3,943 (-15.6%), from €25,325 to €21,382
- Gross operating margin -€17,402
down €17,402 (-26.5%), from €65,643 to €48,241
- Financial income -€9,661
down €9,661 (-98.7%), from €9,792 to €130
- Financial charges -€5,326
down €5,326 (-71.8%), from €7,420 to €2,095
- Taxes -€4,982
down €4,982 (-45.7%), from €10,901 to €5,919
- Other operating charges -€1,414
down €1,414 (-30.0%), from €4,710 to €3,295
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €358,260 | €336,654 | -€21,606 | -6.0% |
| Fixed assets | 21/28 | €279,805 | €269,059 | -€10,746 | -3.8% |
| Tangible fixed assets | 22/27 | €279,805 | €269,059 | -€10,746 | -3.8% |
| Land and buildings | 22 | €274,588 | €264,186 | -€10,402 | -3.8% |
| Plant, machinery and equipment | 23 | €696 | €259 | -€437 | -62.7% |
| Furniture and vehicles | 24 | €4,521 | €4,614 | +€92 | +2.0% |
| Current assets | 29/58 | €78,455 | €67,594 | -€10,860 | -13.8% |
| Amounts receivable after more than one year | 29 | €16,769 | €16,769 | = | 0.0% |
| Other amounts receivable | 291 | €16,769 | €16,769 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,874 | €19,361 | -€5,512 | -22.2% |
| Trade receivables | 40 | €24,785 | €14,888 | -€9,897 | -39.9% |
| Other amounts receivable | 41 | €88 | €4,473 | +€4,385 | +4,974% |
| Cash at bank and in hand | 54/58 | €34,853 | €31,276 | -€3,576 | -10.3% |
| Deferred charges and accrued income | 490/1 | €1,960 | €188 | -€1,772 | -90.4% |
| Total equity and liabilities | 10/49 | €358,260 | €336,654 | -€21,606 | -6.0% |
| Equity | 10/15 | €174,778 | €167,146 | -€7,633 | -4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,164 | €73,532 | -€7,633 | -9.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,024 | €26,024 | = | 0.0% |
| Distributable reserves | 133 | €53,280 | €45,647 | -€7,633 | -14.3% |
| Profit (loss) carried forward | 14 | €75,014 | €75,014 | = | 0.0% |
| Amounts payable | 17/49 | €183,481 | €169,508 | -€13,973 | -7.6% |
| Amounts payable after more than one year | 17 | €144,659 | €118,860 | -€25,799 | -17.8% |
| Financial debts | 170/4 | €144,659 | €118,860 | -€25,799 | -17.8% |
| Amounts payable within one year | 42/48 | €38,822 | €50,648 | +€11,826 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €25,325 | €21,382 | -€3,943 | -15.6% |
| Trade debts | 44 | €6,154 | €15,899 | +€9,745 | +158% |
| Suppliers | 440/4 | €6,154 | €15,899 | +€9,745 | +158% |
| Taxes, remuneration and social security | 45 | €7,344 | €13,367 | +€6,024 | +82.0% |
| Taxes | 450/3 | €7,344 | €8,268 | +€924 | +12.6% |
| Remuneration and social security | 454/9 | - | €5,099 | +€5,099 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,562 | €32,361 | -€201 | -0.6% |
| Other operating charges | 640/8 | €4,710 | €3,295 | -€1,414 | -30.0% |
| Gross operating margin | 9900 | €65,643 | €48,241 | -€17,402 | -26.5% |
| Operating profit (loss) | 9901 | €28,371 | €12,585 | -€15,787 | -55.6% |
| Financial income | 75/76B | €9,792 | €130 | -€9,661 | -98.7% |
| Recurring financial income | 75 | €9,792 | €130 | -€9,661 | -98.7% |
| Financial charges | 65/66B | €7,420 | €2,095 | -€5,326 | -71.8% |
| Recurring financial charges | 65 | €7,420 | €2,095 | -€5,326 | -71.8% |
| Profit (loss) for the period before taxes | 9903 | €30,743 | €10,620 | -€20,123 | -65.5% |
| Income taxes | 67/77 | €10,901 | €5,919 | -€4,982 | -45.7% |
| Profit (loss) for the period | 9904 | €19,842 | €4,701 | -€15,141 | -76.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,842 | €4,701 | -€15,141 | -76.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.