BASF Antwerpen: what changed
What changed
BASF Antwerpen
NACE 20.140, Manufacture of chemicals and chemical products
filed annual accounts (NBB)
Net result for the year
€174.7m
2024 · €501.1m-€326.4m
Equity
€998.9m
2024 · €1.12bn-€125.3m
Cash
€143,173
2024 · €4.6m-€4.4m
Balance sheet total
€2.38bn
2024 · €3.01bn-€633.9m
Largest movements
Assets
- Receivables within one year -€259.0m
down €259.0m (-22.6%), from €1.14bn to €885.6m
of which Other amounts receivable: -€153.3m
- Financial fixed assets -€251.2m
down €251.2m (-62.6%), from €401.3m to €150.0m
of which Affiliated companies: -€250.6m
- Stocks and contracts -€64.7m
down €64.7m (-17.1%), from €379.0m to €314.3m
- Tangible fixed assets -€51.0m
down €51.0m (-4.8%), from €1.06bn to €1.01bn
of which Assets under construction and advance payments: -€40.1m
Equity and liabilities
- Debts after one year -€500.0m
down €500.0m (-100%), from €500.0m to €0
- Current portion of long-term debt +€500.0m
new in 2025: €500.0m
- Other debts -€371.5m
down €371.5m (-93.9%), from €395.7m to €24.3m
- Profit (loss) carried forward -€124.4m
down €124.4m (-98.0%), from €127.0m to €2.6m
- Trade debts -€94.2m
down €94.2m (-17.5%), from €536.5m to €442.4m
Income statement
- Goods and materials -€907.8m
down €907.8m (-19.8%), from €4.60bn to €3.69bn
of which Purchases: -€960.9m
- Turnover -€760.4m
down €760.4m (-11.8%), from €6.45bn to €5.69bn
- Financial charges +€249.5m
up €249.5m (+2,048%), from €12.2m to €261.7m
of which Non-recurring financial charges: +€242.7m
- Financial income -€110.2m
down €110.2m (-71.5%), from €154.1m to €43.9m
- Services and other goods +€73.4m
up €73.4m (+9.4%), from €779.4m to €852.8m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€501.1m
Turnover
-€760.4m
Other operating income
-€8.1m
Goods and materials
+€907.8m
Services and other goods
-€73.4m
Staff costs
-€16.9m
Depreciation
-€1.7m
Write-downs
+€7.3m
Provisions
+€70.6m
Other operating charges
+€514,388
Other operating items
-€99.2m
Financial income
-€110.2m
Financial charges
-€249.5m
Taxes
+€6.9m
Deferred taxes and other
-€20,481
Result 2025
€174.7m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€213.3m
Investment
+€82.3m
Financing
-€300.0m
Cash 2024
€4.6m
From operations (derived)
+€213.3m
Net result for the year
+€174.7m
Depreciation
+€222.1m
Smaller working-capital items
-€964,746
Stocks and contracts
+€64.7m
Receivables within one year
+€259.0m
Deferred charges and accrued income
+€1.4m
Provisions
-€55.2m
Trade debts
-€94.2m
Tax, wage and social debts
+€13.2m
Other debts
-€371.5m
Investment (derived)
+€82.3m
Investment in fixed assets (net)
+€82.3m
Financing
-€300.0m
Debts after one year
-€500.0m
Current portion of long-term debt
+€500.0m
Contributions, distributions and other
-€300.0m
Cash 2025
€143,173
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,011,316,857 | €2,377,457,374 | -€633.9m | -21.0% |
| Fixed assets | 21/28 | €1,472,737,496 | €1,168,350,172 | -€304.4m | -20.7% |
| Intangible fixed assets | 21 | €6,654,493 | €4,507,705 | -€2.1m | -32.3% |
| Tangible fixed assets | 22/27 | €1,064,784,927 | €1,013,793,157 | -€51.0m | -4.8% |
| Land and buildings | 22 | €169,002,953 | €179,872,999 | +€10.9m | +6.4% |
| Plant, machinery and equipment | 23 | €633,885,857 | €609,167,635 | -€24.7m | -3.9% |
| Furniture and vehicles | 24 | €9,620,119 | €12,611,572 | +€3.0m | +31.1% |
| Assets under construction and advance payments | 27 | €252,275,998 | €212,140,952 | -€40.1m | -15.9% |
| Financial fixed assets | 28 | €401,298,077 | €150,049,310 | -€251.2m | -62.6% |
| Affiliated companies | 280/1 | €365,736,424 | €115,137,780 | -€250.6m | -68.5% |
| Participating interests | 280 | €365,736,424 | €115,137,780 | -€250.6m | -68.5% |
| Companies linked by participating interests | 282/3 | €34,900,483 | €34,247,560 | -€652,923 | -1.9% |
| Participating interests | 282 | €8,500,000 | €8,500,000 | = | 0.0% |
| Amounts receivable | 283 | €26,400,483 | €25,747,560 | -€652,923 | -2.5% |
| Other financial fixed assets | 284/8 | €661,169 | €663,969 | +€2,800 | +0.4% |
| Shares | 284 | €600,000 | €600,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €61,169 | €63,969 | +€2,800 | +4.6% |
| Current assets | 29/58 | €1,538,579,361 | €1,209,107,202 | -€329.5m | -21.4% |
| Amounts receivable after more than one year | 29 | €341,924 | €370,979 | +€29,055 | +8.5% |
| Trade receivables | 290 | - | €78,492 | +€78,492 | |
| Other amounts receivable | 291 | €341,924 | €292,487 | -€49,437 | -14.5% |
| Stocks and contracts in progress | 3 | €378,970,303 | €314,315,478 | -€64.7m | -17.1% |
| Stocks | 30/36 | €378,970,303 | €314,315,478 | -€64.7m | -17.1% |
| Raw materials and consumables | 30/31 | €182,067,236 | €166,862,249 | -€15.2m | -8.4% |
| Work in progress | 32 | €155,467 | €212,131 | +€56,664 | +36.4% |
| Finished goods | 33 | €189,650,764 | €142,047,111 | -€47.6m | -25.1% |
| Goods purchased for resale | 34 | €7,096,836 | €5,193,987 | -€1.9m | -26.8% |
| Amounts receivable within one year | 40/41 | €1,144,593,200 | €885,550,585 | -€259.0m | -22.6% |
| Trade receivables | 40 | €746,617,852 | €640,916,289 | -€105.7m | -14.2% |
| Other amounts receivable | 41 | €397,975,349 | €244,634,296 | -€153.3m | -38.5% |
| Cash at bank and in hand | 54/58 | €4,565,525 | €143,173 | -€4.4m | -96.9% |
| Deferred charges and accrued income | 490/1 | €10,108,409 | €8,726,987 | -€1.4m | -13.7% |
| Total equity and liabilities | 10/49 | €3,011,316,857 | €2,377,457,374 | -€633.9m | -21.0% |
| Equity | 10/15 | €1,124,221,872 | €998,902,877 | -€125.3m | -11.1% |
| Contributions | 10/11 | €693,003,531 | €693,003,531 | = | 0.0% |
| Capital | 10 | €691,725,088 | €691,725,088 | = | 0.0% |
| Issued capital | 100 | €691,725,088 | €691,725,088 | = | 0.0% |
| Contributions outside capital | 11 | €1,278,443 | €1,278,443 | = | 0.0% |
| Share premium | 1100/10 | €1,278,443 | €1,278,443 | = | 0.0% |
| Reserves | 13 | €304,187,732 | €303,297,747 | -€889,985 | -0.3% |
| Non-distributable reserves | 130/1 | €224,127,693 | €224,127,693 | = | 0.0% |
| Legal reserve | 130 | €223,759,224 | €223,759,224 | = | 0.0% |
| Other | 1319 | €368,469 | €368,469 | = | 0.0% |
| Tax-exempt reserves | 132 | €80,060,039 | €79,170,054 | -€889,985 | -1.1% |
| Profit (loss) carried forward | 14 | €127,030,609 | €2,601,599 | -€124.4m | -98.0% |
| Provisions and deferred taxes | 16 | €347,618,021 | €292,453,246 | -€55.2m | -15.9% |
| Provisions for liabilities and charges | 160/5 | €346,278,808 | €291,410,695 | -€54.9m | -15.8% |
| Major repairs and maintenance | 162 | €256,671,101 | €192,841,688 | -€63.8m | -24.9% |
| Environmental obligations | 163 | €7,228,973 | €19,411,302 | +€12.2m | +169% |
| Other liabilities and charges | 164/5 | €82,378,734 | €79,157,705 | -€3.2m | -3.9% |
| Deferred taxes | 168 | €1,339,213 | €1,042,551 | -€296,662 | -22.2% |
| Amounts payable | 17/49 | €1,539,476,964 | €1,086,101,251 | -€453.4m | -29.4% |
| Amounts payable after more than one year | 17 | €500,000,000 | €0 | -€500.0m | -100% |
| Financial debts | 170/4 | €500,000,000 | €0 | -€500.0m | -100% |
| Other loans | 174 | €500,000,000 | €0 | -€500.0m | -100% |
| Amounts payable within one year | 42/48 | €1,034,072,881 | €1,081,632,858 | +€47.6m | +4.6% |
| Current portion of amounts payable after more than one year | 42 | - | €500,000,000 | +€500.0m | |
| Trade debts | 44 | €536,523,189 | €442,368,010 | -€94.2m | -17.5% |
| Suppliers | 440/4 | €536,523,189 | €442,368,010 | -€94.2m | -17.5% |
| Taxes, remuneration and social security | 45 | €101,800,751 | €114,991,061 | +€13.2m | +13.0% |
| Taxes | 450/3 | €29,815,622 | €33,342,674 | +€3.5m | +11.8% |
| Remuneration and social security | 454/9 | €71,985,128 | €81,648,388 | +€9.7m | +13.4% |
| Other amounts payable | 47/48 | €395,748,941 | €24,273,786 | -€371.5m | -93.9% |
| Accrued charges and deferred income | 492/3 | €5,404,084 | €4,468,393 | -€935,691 | -17.3% |
| Operating income | 70/76A | €6,642,859,024 | €5,778,994,724 | -€863.9m | -13.0% |
| Turnover | 70 | €6,447,598,375 | €5,687,235,701 | -€760.4m | -11.8% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €45,573,754 | -€47,546,989 | -€93.1m | |
| Own construction capitalised | 72 | €45,025,827 | €42,783,090 | -€2.2m | -5.0% |
| Other operating income | 74 | €104,661,068 | €96,522,921 | -€8.1m | -7.8% |
| Operating charges | 60/66A | €6,163,893,204 | €5,273,589,783 | -€890.3m | -14.4% |
| Goods for resale, raw materials and consumables | 60 | €4,596,330,620 | €3,688,532,448 | -€907.8m | -19.8% |
| Purchases | 600/8 | €4,630,514,631 | €3,669,656,491 | -€960.9m | -20.8% |
| Change in stocks: decrease (increase) | 609 | -€34,184,011 | €18,875,957 | +€53.1m | |
| Services and other goods | 61 | €779,371,048 | €852,809,046 | +€73.4m | +9.4% |
| Remuneration, social security and pensions | 62 | €522,688,862 | €539,610,113 | +€16.9m | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220,363,815 | €222,076,230 | +€1.7m | +0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,458,305 | -€1,811,360 | -€7.3m | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €15,713,225 | -€54,868,113 | -€70.6m | |
| Other operating charges | 640/8 | €23,967,329 | €23,452,941 | -€514,388 | -2.1% |
| Non-recurring operating charges | 66A | - | €3,788,477 | +€3.8m | |
| Operating profit (loss) | 9901 | €478,965,820 | €505,404,941 | +€26.4m | +5.5% |
| Financial income | 75/76B | €154,131,727 | €43,892,456 | -€110.2m | -71.5% |
| Recurring financial income | 75 | €154,131,727 | €43,892,456 | -€110.2m | -71.5% |
| Income from financial fixed assets | 750 | €129,260,909 | €33,742,506 | -€95.5m | -73.9% |
| Income from current assets | 751 | €24,671,177 | €8,314,428 | -€16.4m | -66.3% |
| Other financial income | 752/9 | €199,641 | €1,835,522 | +€1.6m | +819% |
| Financial charges | 65/66B | €12,182,637 | €261,676,292 | +€249.5m | +2,048% |
| Recurring financial charges | 65 | €4,182,637 | €11,016,148 | +€6.8m | +163% |
| Debt charges | 650 | €9,941,853 | €10,074,554 | +€132,701 | +1.3% |
| Other financial charges | 652/9 | -€5,759,216 | €941,594 | +€6.7m | |
| Non-recurring financial charges | 66B | €8,000,000 | €250,660,144 | +€242.7m | +3,033% |
| Profit (loss) for the period before taxes | 9903 | €620,914,909 | €287,621,105 | -€333.3m | -53.7% |
| Transfer from deferred taxes | 780 | €317,143 | €296,662 | -€20,481 | -6.5% |
| Income taxes | 67/77 | €120,152,873 | €113,236,762 | -€6.9m | -5.8% |
| Taxes | 670/3 | €130,115,146 | €116,516,060 | -€13.6m | -10.5% |
| Tax adjustments and reversals of tax provisions | 77 | €9,962,273 | €3,279,298 | -€6.7m | -67.1% |
| Profit (loss) for the period | 9904 | €501,079,179 | €174,681,005 | -€326.4m | -65.1% |
| Transfer from tax-exempt reserves | 789 | €951,429 | €889,985 | -€61,444 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €502,030,609 | €175,570,990 | -€326.5m | -65.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.