BASE22: what changed
Two fiscal 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.
BASE22
Largest movements
- Tangible fixed assets -€45,454
down €45,454 (-4.4%), from €1.0m to €980,688
of which Land and buildings: -€45,384
- Debts after one year -€47,519
down €47,519 (-7.1%), from €664,942 to €617,423
- Trade debts -€23,041
down €23,041 (-83.6%), from €27,576 to €4,535
- Reserves +€23,038
up €23,038 (+144.8%), from €15,907 to €38,944
- Gross operating margin +€11,051
up €11,051 (+12.0%), from €91,929 to €102,980
- Taxes +€3,433
up €3,433 (+98.1%), from €3,500 to €6,933
- Depreciation +€2,572
up €2,572 (+6.0%), from €42,883 to €45,454
- Other operating charges +€1,716
up €1,716 (+25.4%), from €6,760 to €8,476
- Financial charges -€1,218
down €1,218 (-6.0%), from €20,297 to €19,079
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 | €1,029,988 | €992,789 | -€37,199 | -3.6% |
| Fixed assets | 21/28 | €1,026,142 | €980,688 | -€45,454 | -4.4% |
| Tangible fixed assets | 22/27 | €1,026,142 | €980,688 | -€45,454 | -4.4% |
| Land and buildings | 22 | €1,025,843 | €980,458 | -€45,384 | -4.4% |
| Plant, machinery and equipment | 23 | €300 | €230 | -€70 | -23.4% |
| Current assets | 29/58 | €3,845 | €12,101 | +€8,256 | +214.7% |
| Amounts receivable within one year | 40/41 | - | €12 | +€12 | |
| Other amounts receivable | 41 | - | €12 | +€12 | |
| Cash at bank and in hand | 54/58 | €3,845 | €12,089 | +€8,243 | +214.4% |
| Total equity and liabilities | 10/49 | €1,029,988 | €992,789 | -€37,199 | -3.6% |
| Equity | 10/15 | €20,907 | €43,944 | +€23,038 | +110.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,907 | €38,944 | +€23,038 | +144.8% |
| Distributable reserves | 133 | €15,907 | €38,944 | +€23,038 | +144.8% |
| Amounts payable | 17/49 | €1,009,081 | €948,845 | -€60,236 | -6.0% |
| Amounts payable after more than one year | 17 | €664,942 | €617,423 | -€47,519 | -7.1% |
| Financial debts | 170/4 | €664,942 | €617,423 | -€47,519 | -7.1% |
| Amounts payable within one year | 42/48 | €344,139 | €331,422 | -€12,717 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €46,247 | €47,519 | +€1,272 | +2.8% |
| Trade debts | 44 | €27,576 | €4,535 | -€23,041 | -83.6% |
| Suppliers | 440/4 | €27,576 | €4,535 | -€23,041 | -83.6% |
| Advances received on contracts in progress | 46 | €2,740 | €10,000 | +€7,260 | +265.0% |
| Taxes, remuneration and social security | 45 | €4,076 | €9,013 | +€4,936 | +121.1% |
| Taxes | 450/3 | €4,076 | €9,013 | +€4,936 | +121.1% |
| Other amounts payable | 47/48 | €263,500 | €260,355 | -€3,145 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,883 | €45,454 | +€2,572 | +6.0% |
| Other operating charges | 640/8 | €6,760 | €8,476 | +€1,716 | +25.4% |
| Gross operating margin | 9900 | €91,929 | €102,980 | +€11,051 | +12.0% |
| Operating profit (loss) | 9901 | €42,287 | €49,050 | +€6,763 | +16.0% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €20,297 | €19,079 | -€1,218 | -6.0% |
| Recurring financial charges | 65 | €20,297 | €19,079 | -€1,218 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €21,994 | €29,971 | +€7,977 | +36.3% |
| Income taxes | 67/77 | €3,500 | €6,933 | +€3,433 | +98.1% |
| Profit (loss) for the period | 9904 | €18,494 | €23,038 | +€4,544 | +24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,494 | €23,038 | +€4,544 | +24.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.