BASCO INTERNATIONAL: 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 INTERNATIONAL
Largest movements
- Receivables after one year +€1.1m
up €1.1m (+181%), from €586,742 to €1.7m
- Receivables within one year +€668,286
up €668,286 (+94.0%), from €710,752 to €1.4m
of which Trade receivables: +€702,638
- Cash +€365,116
up €365,116 (+306%), from €119,514 to €484,630
mainly Trade debts (+€1.7m) and Current portion of long-term debt (+€801,513)
- Financial fixed assets +€81,431
up €81,431 (+284%), from €28,642 to €110,073
- Stocks and contracts -€60,759
down €60,759 (-5.8%), from €1.1m to €993,632
- Trade debts +€1.7m
up €1.7m (+109%), from €1.5m to €3.2m
- Current portion of long-term debt +€801,513
up €801,513 (+1,355%), from €59,133 to €860,646
- Profit (loss) carried forward -€270,622
down €270,622 (-13.9%), from -€1.9m to -€2.2m
- Tax, wage and social debts +€61,649
up €61,649 (+52.0%), from €118,501 to €180,150
of which Taxes: +€41,518
- Provisions -€50,000
down €50,000 (-100%), from €50,000 to €0
- Gross operating margin -€266,675
down €266,675 (-34.8%), from €766,692 to €500,017
- Financial income +€118,393
up €118,393 (+383%), from €30,884 to €149,277
- Provisions -€100,000
down €100,000, from €50,000 to -€50,000
- Staff costs -€88,422
down €88,422 (-9.2%), from €960,898 to €872,475
- Write-downs +€37,041
new in 2025: €37,041
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 | €2,606,717 | €4,776,156 | +€2.2m | +83.2% |
| Fixed assets | 21/28 | €135,318 | €249,892 | +€114,574 | +84.7% |
| Tangible fixed assets | 22/27 | €106,676 | €139,819 | +€33,143 | +31.1% |
| Land and buildings | 22 | €23,952 | €21,221 | -€2,731 | -11.4% |
| Plant, machinery and equipment | 23 | €62,388 | €102,744 | +€40,356 | +64.7% |
| Furniture and vehicles | 24 | €20,336 | €15,854 | -€4,482 | -22.0% |
| Financial fixed assets | 28 | €28,642 | €110,073 | +€81,431 | +284% |
| Current assets | 29/58 | €2,471,399 | €4,526,264 | +€2.1m | +83.1% |
| Amounts receivable after more than one year | 29 | €586,742 | €1,651,156 | +€1.1m | +181% |
| Other amounts receivable | 291 | €586,742 | €1,651,156 | +€1.1m | +181% |
| Stocks and contracts in progress | 3 | €1,054,391 | €993,632 | -€60,759 | -5.8% |
| Stocks | 30/36 | €1,054,391 | €993,632 | -€60,759 | -5.8% |
| Amounts receivable within one year | 40/41 | €710,752 | €1,379,038 | +€668,286 | +94.0% |
| Trade receivables | 40 | €675,498 | €1,378,136 | +€702,638 | +104% |
| Other amounts receivable | 41 | €35,254 | €902 | -€34,352 | -97.4% |
| Cash at bank and in hand | 54/58 | €119,514 | €484,630 | +€365,116 | +306% |
| Deferred charges and accrued income | 490/1 | - | €17,809 | +€17,809 | |
| Total equity and liabilities | 10/49 | €2,606,717 | €4,776,156 | +€2.2m | +83.2% |
| Equity | 10/15 | €350,530 | €79,908 | -€270,622 | -77.2% |
| Contributions | 10/11 | €2,128,000 | €2,128,000 | = | 0.0% |
| Capital | 10 | €2,128,000 | €2,128,000 | = | 0.0% |
| Issued capital | 100 | €2,128,000 | €2,128,000 | = | 0.0% |
| Reserves | 13 | €162,654 | €162,654 | = | 0.0% |
| Non-distributable reserves | 130/1 | €162,654 | €162,654 | = | 0.0% |
| Legal reserve | 130 | €162,654 | €162,654 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,940,124 | -€2,210,746 | -€270,622 | -13.9% |
| Provisions and deferred taxes | 16 | €50,000 | €0 | -€50,000 | -100% |
| Provisions for liabilities and charges | 160/5 | €50,000 | €0 | -€50,000 | -100% |
| Other liabilities and charges | 164/5 | €50,000 | €0 | -€50,000 | -100% |
| Amounts payable | 17/49 | €2,206,187 | €4,696,249 | +€2.5m | +113% |
| Amounts payable after more than one year | 17 | €125,000 | €125,000 | = | 0.0% |
| Financial debts | 170/4 | €125,000 | €125,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,081,187 | €4,571,249 | +€2.5m | +120% |
| Current portion of amounts payable after more than one year | 42 | €59,133 | €860,646 | +€801,513 | +1,355% |
| Trade debts | 44 | €1,536,798 | €3,212,698 | +€1.7m | +109% |
| Suppliers | 440/4 | €1,536,798 | €3,212,698 | +€1.7m | +109% |
| Taxes, remuneration and social security | 45 | €118,501 | €180,150 | +€61,649 | +52.0% |
| Taxes | 450/3 | €23,399 | €64,917 | +€41,518 | +177% |
| Remuneration and social security | 454/9 | €95,101 | €115,233 | +€20,131 | +21.2% |
| Other amounts payable | 47/48 | €366,754 | €317,754 | -€49,000 | -13.4% |
| Non-recurring operating income | 76A | €2,333 | €657 | -€1,676 | -71.8% |
| Remuneration, social security and pensions | 62 | €960,898 | €872,475 | -€88,422 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,652 | €26,684 | -€4,968 | -15.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €37,041 | +€37,041 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €50,000 | -€50,000 | -€100,000 | |
| Other operating charges | 640/8 | €4,782 | €4,228 | -€554 | -11.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €766,692 | €500,017 | -€266,675 | -34.8% |
| Operating profit (loss) | 9901 | -€280,639 | -€390,410 | -€109,771 | -39.1% |
| Financial income | 75/76B | €30,884 | €149,277 | +€118,393 | +383% |
| Recurring financial income | 75 | €30,884 | €149,277 | +€118,393 | +383% |
| Financial charges | 65/66B | €58,726 | €28,832 | -€29,895 | -50.9% |
| Recurring financial charges | 65 | €58,726 | €28,832 | -€29,895 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | -€308,481 | -€269,965 | +€38,516 | +12.5% |
| Income taxes | 67/77 | €1,620 | €657 | -€962 | -59.4% |
| Profit (loss) for the period | 9904 | -€310,101 | -€270,622 | +€39,479 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€310,101 | -€270,622 | +€39,479 | +12.7% |
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 18 October 2026 via checked.be.