BASELAB: 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.
BASELAB
Largest movements
- Cash +€33,395
up €33,395 (+19.9%), from €167,476 to €200,871
mainly Other debts (+€104,985) and Net result for the year (+€47,861)
- Receivables within one year -€16,741
down €16,741 (-30.2%), from €55,478 to €38,736
of which Trade receivables: -€13,228
- Deferred charges and accrued income +€5,581
up €5,581 (+471%), from €1,185 to €6,766
- Tangible fixed assets +€3,822
up €3,822 (+73.8%), from €5,179 to €9,001
of which Furniture and vehicles: +€4,548
- Other debts +€104,985
up €104,985 (+468%), from €22,416 to €127,401
- Reserves -€89,348
down €89,348 (-44.7%), from €199,740 to €110,392
of which Distributable reserves: -€89,348
- Tax, wage and social debts +€8,916
up €8,916 (+145%), from €6,161 to €15,077
of which Taxes: +€9,151
- Gross operating margin +€28,490
up €28,490 (+50.0%), from €57,004 to €85,494
- Staff costs +€14,850
new in 2025: €14,850
- Taxes -€1,619
down €1,619 (-11.2%), from €14,470 to €12,851
- Depreciation +€1,582
up €1,582 (+81.6%), from €1,938 to €3,520
- Financial charges +€1,532
up €1,532 (+42.7%), from €3,585 to €5,117
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 | €229,318 | €255,374 | +€26,056 | +11.4% |
| Fixed assets | 21/28 | €5,179 | €9,001 | +€3,822 | +73.8% |
| Tangible fixed assets | 22/27 | €5,179 | €9,001 | +€3,822 | +73.8% |
| Plant, machinery and equipment | 23 | €923 | €197 | -€726 | -78.7% |
| Furniture and vehicles | 24 | €4,256 | €8,804 | +€4,548 | +107% |
| Current assets | 29/58 | €224,139 | €246,373 | +€22,235 | +9.9% |
| Amounts receivable within one year | 40/41 | €55,478 | €38,736 | -€16,741 | -30.2% |
| Trade receivables | 40 | €51,948 | €38,720 | -€13,228 | -25.5% |
| Other amounts receivable | 41 | €3,530 | €16 | -€3,514 | -99.5% |
| Cash at bank and in hand | 54/58 | €167,476 | €200,871 | +€33,395 | +19.9% |
| Deferred charges and accrued income | 490/1 | €1,185 | €6,766 | +€5,581 | +471% |
| Total equity and liabilities | 10/49 | €229,318 | €255,374 | +€26,056 | +11.4% |
| Equity | 10/15 | €200,740 | €111,392 | -€89,348 | -44.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €199,740 | €110,392 | -€89,348 | -44.7% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €197,885 | €108,537 | -€89,348 | -45.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,578 | €143,982 | +€115,404 | +404% |
| Amounts payable within one year | 42/48 | €28,578 | €142,742 | +€114,164 | +399% |
| Trade debts | 44 | €0 | €264 | +€264 | |
| Suppliers | 440/4 | €0 | €264 | +€264 | |
| Taxes, remuneration and social security | 45 | €6,161 | €15,077 | +€8,916 | +145% |
| Taxes | 450/3 | €4,097 | €13,247 | +€9,151 | +223% |
| Remuneration and social security | 454/9 | €2,065 | €1,830 | -€235 | -11.4% |
| Other amounts payable | 47/48 | €22,416 | €127,401 | +€104,985 | +468% |
| Accrued charges and deferred income | 492/3 | - | €1,240 | +€1,240 | |
| Remuneration, social security and pensions | 62 | - | €14,850 | +€14,850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,938 | €3,520 | +€1,582 | +81.6% |
| Other operating charges | 640/8 | €371 | €1,349 | +€978 | +264% |
| Gross operating margin | 9900 | €57,004 | €85,494 | +€28,490 | +50.0% |
| Operating profit (loss) | 9901 | €54,695 | €65,775 | +€11,080 | +20.3% |
| Financial income | 75/76B | €0 | €55 | +€54 | +25,905% |
| Recurring financial income | 75 | €0 | €55 | +€54 | +25,905% |
| Financial charges | 65/66B | €3,585 | €5,117 | +€1,532 | +42.7% |
| Recurring financial charges | 65 | €3,585 | €5,117 | +€1,532 | +42.7% |
| Profit (loss) for the period before taxes | 9903 | €51,110 | €60,712 | +€9,602 | +18.8% |
| Income taxes | 67/77 | €14,470 | €12,851 | -€1,619 | -11.2% |
| Profit (loss) for the period | 9904 | €36,640 | €47,861 | +€11,221 | +30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,640 | €47,861 | +€11,221 | +30.6% |
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 19 October 2026 via checked.be.