BASENET: 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.
BASENET
Largest movements
- Cash +€20,428
up €20,428 (+51.0%), from €40,033 to €60,461
mainly Net result for the year (+€24,030) and Debts after one year (+€5,816)
- Financial fixed assets -€2,525
no longer reported in 2025 (was €2,525)
- Profit (loss) carried forward +€24,030
up €24,030 (+9.9%), from -€242,893 to -€218,863
- Trade debts -€14,348
down €14,348 (-92.6%), from €15,492 to €1,144
- Debts after one year +€5,816
up €5,816 (+2.0%), from €290,791 to €296,607
- Tax, wage and social debts +€1,316
up €1,316 (+14.4%), from €9,144 to €10,460
- Gross operating margin +€28,423
up €28,423 (+13.7%), from €206,857 to €235,280
- Write-downs +€13,729
up €13,729 (+1166.0%), from €1,177 to €14,906
- Other operating charges +€11,441
up €11,441 (+6.5%), from €176,734 to €188,176
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 | €80,334 | €97,049 | +€16,715 | +20.8% |
| Fixed assets | 21/28 | €3,060 | €46 | -€3,014 | -98.5% |
| Tangible fixed assets | 22/27 | €535 | €46 | -€489 | -91.5% |
| Plant, machinery and equipment | 23 | €535 | €46 | -€489 | -91.5% |
| Financial fixed assets | 28 | €2,525 | - | -€2,525 | |
| Current assets | 29/58 | €77,275 | €97,003 | +€19,729 | +25.5% |
| Amounts receivable within one year | 40/41 | €37,242 | €36,543 | -€700 | -1.9% |
| Trade receivables | 40 | €37,242 | €36,543 | -€700 | -1.9% |
| Cash at bank and in hand | 54/58 | €40,033 | €60,461 | +€20,428 | +51.0% |
| Total equity and liabilities | 10/49 | €80,334 | €97,049 | +€16,715 | +20.8% |
| Equity | 10/15 | -€236,693 | -€212,663 | +€24,030 | +10.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€242,893 | -€218,863 | +€24,030 | +9.9% |
| Amounts payable | 17/49 | €317,027 | €309,712 | -€7,316 | -2.3% |
| Amounts payable after more than one year | 17 | €290,791 | €296,607 | +€5,816 | +2.0% |
| Other amounts payable | 178/9 | €290,791 | €296,607 | +€5,816 | +2.0% |
| Amounts payable within one year | 42/48 | €24,636 | €11,604 | -€13,031 | -52.9% |
| Trade debts | 44 | €15,492 | €1,144 | -€14,348 | -92.6% |
| Suppliers | 440/4 | €15,492 | €1,144 | -€14,348 | -92.6% |
| Taxes, remuneration and social security | 45 | €9,144 | €10,460 | +€1,316 | +14.4% |
| Taxes | 450/3 | €9,144 | €10,460 | +€1,316 | +14.4% |
| Accrued charges and deferred income | 492/3 | €1,600 | €1,500 | -€100 | -6.3% |
| Remuneration, social security and pensions | 62 | €163 | €170 | +€7 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €679 | €489 | -€190 | -27.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,177 | €14,906 | +€13,729 | +1166.0% |
| Other operating charges | 640/8 | €176,734 | €188,176 | +€11,441 | +6.5% |
| Gross operating margin | 9900 | €206,857 | €235,280 | +€28,423 | +13.7% |
| Operating profit (loss) | 9901 | €28,103 | €31,540 | +€3,436 | +12.2% |
| Financial charges | 65/66B | €7,470 | €7,510 | +€40 | +0.5% |
| Recurring financial charges | 65 | €7,470 | €7,510 | +€40 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €20,634 | €24,030 | +€3,397 | +16.5% |
| Profit (loss) for the period | 9904 | €20,634 | €24,030 | +€3,397 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,634 | €24,030 | +€3,397 | +16.5% |
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 3 October 2026 via checked.be.