Basdak: 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.
Basdak
Largest movements
- Receivables within one year +€764,370
up €764,370 (+144%), from €529,773 to €1.3m
of which Trade receivables: +€850,443
- Current investments +€342,890
up €342,890 (+331%), from €103,710 to €446,600
- Cash +€326,076
up €326,076 (+556%), from €58,606 to €384,682
mainly Net result for the year (+€868,252) and Tax, wage and social debts (+€249,167)
- Stocks and contracts +€31,074
up €31,074 (+37.7%), from €82,473 to €113,547
- Tangible fixed assets -€25,030
down €25,030 (-33.0%), from €75,953 to €50,924
of which Furniture and vehicles: -€18,471
- Profit (loss) carried forward +€868,252
up €868,252 (+228%), from €381,608 to €1.2m
- Tax, wage and social debts +€249,167
up €249,167 (+471%), from €52,870 to €302,038
of which Taxes: +€243,407
- Provisions +€175,090
up €175,090 (+116%), from €150,374 to €325,464
- Accrued charges and deferred income +€175,000
up €175,000 (+27,317%), from €641 to €175,641
- Trade debts -€33,381
down €33,381 (-29.2%), from €114,200 to €80,818
- Gross operating margin +€699,048
up €699,048 (+60.8%), from €1.1m to €1.8m
- Taxes +€161,288
up €161,288 (+132%), from €122,156 to €283,444
- Provisions +€24,715
up €24,715 (+16.4%), from €150,374 to €175,090
- Write-downs +€20,694
new in 2025: €20,694
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 | €934,779 | €2,367,633 | +€1.4m | +153% |
| Fixed assets | 21/28 | €142,806 | €110,276 | -€32,530 | -22.8% |
| Intangible fixed assets | 21 | €66,853 | €59,353 | -€7,500 | -11.2% |
| Tangible fixed assets | 22/27 | €75,953 | €50,924 | -€25,030 | -33.0% |
| Plant, machinery and equipment | 23 | €32,357 | €25,799 | -€6,558 | -20.3% |
| Furniture and vehicles | 24 | €43,597 | €25,125 | -€18,471 | -42.4% |
| Current assets | 29/58 | €791,973 | €2,257,357 | +€1.5m | +185% |
| Stocks and contracts in progress | 3 | €82,473 | €113,547 | +€31,074 | +37.7% |
| Stocks | 30/36 | €82,473 | €113,547 | +€31,074 | +37.7% |
| Amounts receivable within one year | 40/41 | €529,773 | €1,294,143 | +€764,370 | +144% |
| Trade receivables | 40 | €398,422 | €1,248,865 | +€850,443 | +213% |
| Other amounts receivable | 41 | €131,351 | €45,277 | -€86,074 | -65.5% |
| Current investments | 50/53 | €103,710 | €446,600 | +€342,890 | +331% |
| Cash at bank and in hand | 54/58 | €58,606 | €384,682 | +€326,076 | +556% |
| Deferred charges and accrued income | 490/1 | €17,412 | €18,385 | +€974 | +5.6% |
| Total equity and liabilities | 10/49 | €934,779 | €2,367,633 | +€1.4m | +153% |
| Equity | 10/15 | €391,608 | €1,259,860 | +€868,252 | +222% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €381,608 | €1,249,860 | +€868,252 | +228% |
| Provisions and deferred taxes | 16 | €150,374 | €325,464 | +€175,090 | +116% |
| Provisions for liabilities and charges | 160/5 | €150,374 | €325,464 | +€175,090 | +116% |
| Other liabilities and charges | 164/5 | €150,374 | €325,464 | +€175,090 | +116% |
| Amounts payable | 17/49 | €392,797 | €782,310 | +€389,513 | +99.2% |
| Amounts payable after more than one year | 17 | €204,613 | €183,249 | -€21,364 | -10.4% |
| Financial debts | 170/4 | €204,613 | €183,249 | -€21,364 | -10.4% |
| Amounts payable within one year | 42/48 | €187,543 | €423,420 | +€235,877 | +126% |
| Current portion of amounts payable after more than one year | 42 | €20,473 | €21,364 | +€891 | +4.4% |
| Trade debts | 44 | €114,200 | €80,818 | -€33,381 | -29.2% |
| Suppliers | 440/4 | €114,200 | €80,818 | -€33,381 | -29.2% |
| Taxes, remuneration and social security | 45 | €52,870 | €302,038 | +€249,167 | +471% |
| Taxes | 450/3 | €37 | €243,444 | +€243,407 | +649,951% |
| Remuneration and social security | 454/9 | €52,833 | €58,594 | +€5,761 | +10.9% |
| Other amounts payable | 47/48 | - | €19,200 | +€19,200 | |
| Accrued charges and deferred income | 492/3 | €641 | €175,641 | +€175,000 | +27,317% |
| Non-recurring operating income | 76A | - | €2,255 | +€2,255 | |
| Remuneration, social security and pensions | 62 | €447,878 | €442,334 | -€5,545 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,778 | €37,956 | +€2,178 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €20,694 | +€20,694 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €150,374 | €175,090 | +€24,715 | +16.4% |
| Other operating charges | 640/8 | €3,095 | €2,252 | -€843 | -27.2% |
| Non-recurring operating charges | 66A | - | €16,556 | +€16,556 | |
| Gross operating margin | 9900 | €1,149,873 | €1,848,921 | +€699,048 | +60.8% |
| Operating profit (loss) | 9901 | €512,748 | €1,154,041 | +€641,293 | +125% |
| Financial income | 75/76B | €16,526 | €19,345 | +€2,818 | +17.1% |
| Recurring financial income | 75 | €16,526 | €19,345 | +€2,818 | +17.1% |
| Financial charges | 65/66B | €25,510 | €21,689 | -€3,822 | -15.0% |
| Recurring financial charges | 65 | €25,510 | €21,689 | -€3,822 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €503,764 | €1,151,696 | +€647,933 | +129% |
| Income taxes | 67/77 | €122,156 | €283,444 | +€161,288 | +132% |
| Profit (loss) for the period | 9904 | €381,608 | €868,252 | +€486,644 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | €381,608 | €868,252 | +€486,644 | +128% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.