BASELINES BUSINESS SERVICES: 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.
BASELINES BUSINESS SERVICES
Largest movements
- Cash -€28,221
down €28,221 (-28.5%), from €98,853 to €70,632
mainly Contributions, distributions and other (-€148,700) and Investment in fixed assets (net) (-€22,947)
- Receivables within one year +€15,703
up €15,703 (+42.2%), from €37,208 to €52,912
of which Trade receivables: +€19,923
- Deferred charges and accrued income +€11,021
up €11,021 (+832%), from €1,324 to €12,345
- Tangible fixed assets +€4,582
up €4,582 (+8.6%), from €53,409 to €57,991
of which Furniture and vehicles: +€9,202
- Other debts +€110,153
up €110,153 (+801%), from €13,750 to €123,903
- Profit (loss) carried forward -€106,018
down €106,018 (-99.2%), from €106,841 to €823
- Current portion of long-term debt +€7,671
up €7,671 (+106%), from €7,232 to €14,902
- Debts after one year -€6,301
down €6,301 (-15.9%), from €39,717 to €33,416
- Tax, wage and social debts -€4,685
down €4,685 (-56.4%), from €8,314 to €3,628
- Gross operating margin +€14,702
up €14,702 (+23.8%), from €61,757 to €76,459
- Depreciation +€7,326
up €7,326 (+66.4%), from €11,040 to €18,365
- Taxes +€1,584
up €1,584 (+15.8%), from €10,041 to €11,625
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 | €190,850 | €193,936 | +€3,086 | +1.6% |
| Fixed assets | 21/28 | €53,465 | €58,046 | +€4,582 | +8.6% |
| Tangible fixed assets | 22/27 | €53,409 | €57,991 | +€4,582 | +8.6% |
| Furniture and vehicles | 24 | €17,634 | €26,836 | +€9,202 | +52.2% |
| Other tangible fixed assets | 26 | €35,776 | €31,155 | -€4,621 | -12.9% |
| Financial fixed assets | 28 | €56 | €56 | = | 0.0% |
| Current assets | 29/58 | €137,385 | €135,889 | -€1,496 | -1.1% |
| Amounts receivable within one year | 40/41 | €37,208 | €52,912 | +€15,703 | +42.2% |
| Trade receivables | 40 | €32,088 | €52,011 | +€19,923 | +62.1% |
| Other amounts receivable | 41 | €5,120 | €901 | -€4,220 | -82.4% |
| Cash at bank and in hand | 54/58 | €98,853 | €70,632 | -€28,221 | -28.5% |
| Deferred charges and accrued income | 490/1 | €1,324 | €12,345 | +€11,021 | +832% |
| Total equity and liabilities | 10/49 | €190,850 | €193,936 | +€3,086 | +1.6% |
| Equity | 10/15 | €111,841 | €5,823 | -€106,018 | -94.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,841 | €823 | -€106,018 | -99.2% |
| Amounts payable | 17/49 | €79,009 | €188,113 | +€109,104 | +138% |
| Amounts payable after more than one year | 17 | €39,717 | €33,416 | -€6,301 | -15.9% |
| Financial debts | 170/4 | €39,717 | €33,416 | -€6,301 | -15.9% |
| Amounts payable within one year | 42/48 | €39,289 | €154,697 | +€115,408 | +294% |
| Current portion of amounts payable after more than one year | 42 | €7,232 | €14,902 | +€7,671 | +106% |
| Financial debts | 43 | €8,384 | €8,377 | -€8 | -0.1% |
| Credit institutions | 430/8 | €8,384 | €8,377 | -€8 | -0.1% |
| Trade debts | 44 | €1,609 | €3,886 | +€2,277 | +141% |
| Suppliers | 440/4 | €1,609 | €3,886 | +€2,277 | +141% |
| Taxes, remuneration and social security | 45 | €8,314 | €3,628 | -€4,685 | -56.4% |
| Taxes | 450/3 | €8,314 | €3,628 | -€4,685 | -56.4% |
| Other amounts payable | 47/48 | €13,750 | €123,903 | +€110,153 | +801% |
| Accrued charges and deferred income | 492/3 | €3 | €0 | -€3 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,040 | €18,365 | +€7,326 | +66.4% |
| Other operating charges | 640/8 | €946 | €985 | +€39 | +4.2% |
| Gross operating margin | 9900 | €61,757 | €76,459 | +€14,702 | +23.8% |
| Operating profit (loss) | 9901 | €49,771 | €57,108 | +€7,337 | +14.7% |
| Financial income | 75/76B | €112 | €547 | +€435 | +390% |
| Recurring financial income | 75 | €112 | €547 | +€435 | +390% |
| Financial charges | 65/66B | €3,585 | €3,348 | -€238 | -6.6% |
| Recurring financial charges | 65 | €3,585 | €3,348 | -€238 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €46,298 | €54,307 | +€8,010 | +17.3% |
| Income taxes | 67/77 | €10,041 | €11,625 | +€1,584 | +15.8% |
| Profit (loss) for the period | 9904 | €36,256 | €42,682 | +€6,426 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,256 | €42,682 | +€6,426 | +17.7% |
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 26 October 2026 via checked.be.