Basewoods: 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.
Basewoods
Largest movements
- Tangible fixed assets +€37,071
up €37,071 (+185.4%), from €20,000 to €57,071
of which Furniture and vehicles: +€42,737
- Receivables within one year +€19,946
up €19,946 (+89.2%), from €22,369 to €42,315
of which Trade receivables: +€14,605
- Cash +€19,459
up €19,459 (+92.6%), from €21,003 to €40,461
mainly Net result for the year (+€65,381) and Debts after one year (+€19,895)
- Stocks and contracts +€4,650
up €4,650 (+186.0%), from €2,500 to €7,150
- Reserves +€65,381
up €65,381 (+242.2%), from €26,993 to €92,374
- Other debts -€21,571
down €21,571 (-66.5%), from €32,433 to €10,862
- Debts after one year +€19,895
new in 2025: €19,895
- Trade debts +€10,711
up €10,711 (+246.3%), from €4,349 to €15,060
- Current portion of long-term debt +€4,718
new in 2025: €4,718
- Gross operating margin +€57,075
up €57,075 (+124.5%), from €45,854 to €102,929
- Taxes +€10,336
up €10,336 (+139.8%), from €7,396 to €17,732
- Depreciation +€6,559
up €6,559 (+65.6%), from €10,000 to €16,559
- Other operating charges +€1,122
up €1,122 (+209.6%), from €535 to €1,657
- Financial charges +€1,030
up €1,030 (+95.2%), from €1,082 to €2,113
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 | €69,459 | €150,683 | +€81,224 | +116.9% |
| Fixed assets | 21/28 | €20,000 | €57,071 | +€37,071 | +185.4% |
| Tangible fixed assets | 22/27 | €20,000 | €57,071 | +€37,071 | +185.4% |
| Plant, machinery and equipment | 23 | €11,333 | €5,667 | -€5,667 | -50.0% |
| Furniture and vehicles | 24 | €8,667 | €51,404 | +€42,737 | +493.1% |
| Current assets | 29/58 | €49,459 | €93,612 | +€44,153 | +89.3% |
| Stocks and contracts in progress | 3 | €2,500 | €7,150 | +€4,650 | +186.0% |
| Stocks | 30/36 | €2,500 | €7,150 | +€4,650 | +186.0% |
| Amounts receivable within one year | 40/41 | €22,369 | €42,315 | +€19,946 | +89.2% |
| Trade receivables | 40 | €17,050 | €31,655 | +€14,605 | +85.7% |
| Other amounts receivable | 41 | €5,319 | €10,660 | +€5,341 | +100.4% |
| Cash at bank and in hand | 54/58 | €21,003 | €40,461 | +€19,459 | +92.6% |
| Deferred charges and accrued income | 490/1 | €3,588 | €3,686 | +€98 | +2.7% |
| Total equity and liabilities | 10/49 | €69,459 | €150,683 | +€81,224 | +116.9% |
| Equity | 10/15 | €29,993 | €95,374 | +€65,381 | +218.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €26,993 | €92,374 | +€65,381 | +242.2% |
| Distributable reserves | 133 | €26,993 | €92,374 | +€65,381 | +242.2% |
| Amounts payable | 17/49 | €39,466 | €55,309 | +€15,843 | +40.1% |
| Amounts payable after more than one year | 17 | - | €19,895 | +€19,895 | |
| Financial debts | 170/4 | - | €19,895 | +€19,895 | |
| Amounts payable within one year | 42/48 | €39,466 | €35,413 | -€4,052 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | - | €4,718 | +€4,718 | |
| Trade debts | 44 | €4,349 | €15,060 | +€10,711 | +246.3% |
| Suppliers | 440/4 | €4,349 | €15,060 | +€10,711 | +246.3% |
| Taxes, remuneration and social security | 45 | €2,684 | €4,773 | +€2,090 | +77.9% |
| Taxes | 450/3 | €2,684 | €4,773 | +€2,090 | +77.9% |
| Other amounts payable | 47/48 | €32,433 | €10,862 | -€21,571 | -66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,000 | €16,559 | +€6,559 | +65.6% |
| Other operating charges | 640/8 | €535 | €1,657 | +€1,122 | +209.6% |
| Gross operating margin | 9900 | €45,854 | €102,929 | +€57,075 | +124.5% |
| Operating profit (loss) | 9901 | €35,319 | €84,713 | +€49,394 | +139.8% |
| Financial income | 75/76B | €152 | €512 | +€360 | +236.5% |
| Recurring financial income | 75 | €152 | €512 | +€360 | +236.5% |
| Financial charges | 65/66B | €1,082 | €2,113 | +€1,030 | +95.2% |
| Recurring financial charges | 65 | €1,082 | €2,113 | +€1,030 | +95.2% |
| Profit (loss) for the period before taxes | 9903 | €34,389 | €83,112 | +€48,723 | +141.7% |
| Income taxes | 67/77 | €7,396 | €17,732 | +€10,336 | +139.8% |
| Profit (loss) for the period | 9904 | €26,993 | €65,381 | +€38,387 | +142.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,993 | €65,381 | +€38,387 | +142.2% |
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 7 October 2026 via checked.be.