BASHARAT: 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.
BASHARAT
Largest movements
- Stocks and contracts +€16,353
up €16,353 (+10.5%), from €156,402 to €172,755
- Cash +€10,094
up €10,094 (+71.3%), from €14,153 to €24,247
mainly Trade debts (+€20,665) and Net result for the year (+€7,260)
- Tangible fixed assets -€3,701
down €3,701 (-15.8%), from €23,365 to €19,664
of which Furniture and vehicles: -€4,420
- Receivables within one year +€3,082
up €3,082 (+15.4%), from €20,066 to €23,149
of which Other amounts receivable: +€3,082
- Trade debts +€20,665
up €20,665 (+18.0%), from €114,851 to €135,515
- Profit (loss) carried forward +€7,260
up €7,260 (+9.4%), from €76,996 to €84,256
- Turnover -€919,293
no longer reported in 2025 (was €919,293)
- Purchases and services -€906,854
no longer reported in 2025 (was €906,854)
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 | €215,198 | €240,582 | +€25,384 | +11.8% |
| Fixed assets | 21/28 | €24,133 | €20,432 | -€3,701 | -15.3% |
| Tangible fixed assets | 22/27 | €23,365 | €19,664 | -€3,701 | -15.8% |
| Plant, machinery and equipment | 23 | €1,868 | €2,587 | +€719 | +38.5% |
| Furniture and vehicles | 24 | €21,497 | €17,077 | -€4,420 | -20.6% |
| Financial fixed assets | 28 | €768 | €768 | = | 0.0% |
| Current assets | 29/58 | €191,065 | €220,150 | +€29,085 | +15.2% |
| Stocks and contracts in progress | 3 | €156,402 | €172,755 | +€16,353 | +10.5% |
| Stocks | 30/36 | €156,402 | €172,755 | +€16,353 | +10.5% |
| Amounts receivable within one year | 40/41 | €20,066 | €23,149 | +€3,082 | +15.4% |
| Trade receivables | 40 | €8,087 | €8,087 | = | 0.0% |
| Other amounts receivable | 41 | €11,979 | €15,062 | +€3,082 | +25.7% |
| Cash at bank and in hand | 54/58 | €14,153 | €24,247 | +€10,094 | +71.3% |
| Deferred charges and accrued income | 490/1 | €444 | - | -€444 | |
| Total equity and liabilities | 10/49 | €215,198 | €240,582 | +€25,384 | +11.8% |
| Equity | 10/15 | €97,448 | €104,707 | +€7,260 | +7.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,996 | €84,256 | +€7,260 | +9.4% |
| Amounts payable | 17/49 | €117,751 | €135,875 | +€18,124 | +15.4% |
| Amounts payable within one year | 42/48 | €117,540 | €135,875 | +€18,336 | +15.6% |
| Financial debts | 43 | €822 | - | -€822 | |
| Credit institutions | 430/8 | €822 | - | -€822 | |
| Trade debts | 44 | €114,851 | €135,515 | +€20,665 | +18.0% |
| Suppliers | 440/4 | €114,851 | €135,515 | +€20,665 | +18.0% |
| Taxes, remuneration and social security | 45 | €1,867 | €360 | -€1,507 | -80.7% |
| Taxes | 450/3 | €1,867 | €139 | -€1,729 | -92.6% |
| Remuneration and social security | 454/9 | - | €221 | +€221 | |
| Accrued charges and deferred income | 492/3 | €211 | - | -€211 | |
| Turnover | 70 | €919,293 | - | -€919,293 | |
| Non-recurring operating income | 76A | €18,387 | - | -€18,387 | |
| Goods, raw materials, services and sundry goods | 60/61 | €906,854 | - | -€906,854 | |
| Remuneration, social security and pensions | 62 | - | €3,121 | +€3,121 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,828 | €4,932 | -€3,896 | -44.1% |
| Other operating charges | 640/8 | €6,965 | €6,428 | -€538 | -7.7% |
| Gross operating margin | 9900 | €30,826 | €22,915 | -€7,911 | -25.7% |
| Operating profit (loss) | 9901 | €15,033 | €8,434 | -€6,599 | -43.9% |
| Financial income | 75/76B | €5,649 | €10,615 | +€4,966 | +87.9% |
| Recurring financial income | 75 | €5,649 | €10,615 | +€4,966 | +87.9% |
| Financial charges | 65/66B | €5,550 | €9,363 | +€3,813 | +68.7% |
| Recurring financial charges | 65 | €5,550 | €9,363 | +€3,813 | +68.7% |
| Profit (loss) for the period before taxes | 9903 | €15,132 | €9,686 | -€5,446 | -36.0% |
| Income taxes | 67/77 | €4,338 | €2,426 | -€1,912 | -44.1% |
| Profit (loss) for the period | 9904 | €10,794 | €7,260 | -€3,534 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,794 | €7,260 | -€3,534 | -32.7% |
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 24 October 2026 via checked.be.