Base LT: 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.
Base LT
Largest movements
- Receivables within one year -€29,003
down €29,003 (-38.9%), from €74,592 to €45,589
of which Other amounts receivable: -€35,114
- Profit (loss) carried forward +€64,609
up €64,609, from -€52,938 to €11,671
- Provisions -€56,385
no longer reported in 2025 (was €56,385)
- Other debts -€37,139
no longer reported in 2025 (was €37,139)
- Advances received -€12,890
no longer reported in 2025 (was €12,890)
- Tax, wage and social debts +€9,422
up €9,422 (+96.3%), from €9,786 to €19,208
- Gross operating margin +€80,266
up €80,266, from -€2,319 to €77,947
- Provisions -€56,385
no longer reported in 2025 (was €56,385)
- Other operating charges +€9,481
up €9,481 (+589.3%), from €1,609 to €11,090
- Financial income -€2,259
down €2,259 (-46.3%), from €4,884 to €2,625
- Taxes +€1,998
up €1,998 (+90.1%), from €2,218 to €4,216
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 | €76,146 | €47,144 | -€29,002 | -38.1% |
| Fixed assets | 21/28 | €304 | - | -€304 | |
| Tangible fixed assets | 22/27 | €304 | - | -€304 | |
| Furniture and vehicles | 24 | €304 | - | -€304 | |
| Current assets | 29/58 | €75,842 | €47,144 | -€28,698 | -37.8% |
| Amounts receivable within one year | 40/41 | €74,592 | €45,589 | -€29,003 | -38.9% |
| Trade receivables | 40 | €232 | €6,342 | +€6,110 | +2639.3% |
| Other amounts receivable | 41 | €74,361 | €39,247 | -€35,114 | -47.2% |
| Cash at bank and in hand | 54/58 | €182 | €831 | +€649 | +356.0% |
| Deferred charges and accrued income | 490/1 | €1,067 | €723 | -€344 | -32.3% |
| Total equity and liabilities | 10/49 | €76,146 | €47,144 | -€29,002 | -38.1% |
| Equity | 10/15 | -€40,145 | €24,465 | +€64,610 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €393 | €393 | -€0 | -0.1% |
| Non-distributable reserves | 130/1 | €393 | €393 | -€0 | -0.1% |
| Reserves not available under the articles | 1311 | €393 | €393 | -€0 | -0.1% |
| Profit (loss) carried forward | 14 | -€52,938 | €11,671 | +€64,609 | |
| Provisions and deferred taxes | 16 | €56,385 | - | -€56,385 | |
| Provisions for liabilities and charges | 160/5 | €56,385 | - | -€56,385 | |
| Taxes | 161 | €56,385 | - | -€56,385 | |
| Amounts payable | 17/49 | €59,906 | €22,679 | -€37,227 | -62.1% |
| Amounts payable within one year | 42/48 | €59,906 | €22,679 | -€37,227 | -62.1% |
| Trade debts | 44 | €92 | €3,471 | +€3,379 | +3687.2% |
| Suppliers | 440/4 | €92 | €3,472 | +€3,380 | +3688.3% |
| Advances received on contracts in progress | 46 | €12,890 | - | -€12,890 | |
| Taxes, remuneration and social security | 45 | €9,786 | €19,208 | +€9,422 | +96.3% |
| Taxes | 450/3 | €9,786 | €19,208 | +€9,422 | +96.3% |
| Other amounts payable | 47/48 | €37,139 | - | -€37,139 | |
| Non-recurring operating income | 76A | - | €64,381 | +€64,381 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,003 | - | -€1,003 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €56,385 | - | -€56,385 | |
| Other operating charges | 640/8 | €1,609 | €11,090 | +€9,481 | +589.3% |
| Non-recurring operating charges | 66A | - | €304 | +€304 | |
| Gross operating margin | 9900 | -€2,319 | €77,947 | +€80,266 | |
| Operating profit (loss) | 9901 | -€61,316 | €66,553 | +€127,869 | |
| Financial income | 75/76B | €4,884 | €2,625 | -€2,259 | -46.3% |
| Recurring financial income | 75 | €4,884 | €2,625 | -€2,259 | -46.3% |
| Financial charges | 65/66B | €166 | €351 | +€185 | +112.0% |
| Recurring financial charges | 65 | €166 | €351 | +€185 | +112.0% |
| Profit (loss) for the period before taxes | 9903 | -€56,597 | €68,826 | +€125,423 | |
| Income taxes | 67/77 | €2,218 | €4,216 | +€1,998 | +90.1% |
| Profit (loss) for the period | 9904 | -€58,815 | €64,610 | +€123,425 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,815 | €64,610 | +€123,425 |
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 9 October 2026 via checked.be.