BASILS: 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.
BASILS
Largest movements
- Receivables within one year -€64,960
down €64,960 (-40.3%), from €161,119 to €96,160
of which Trade receivables: -€37,127
- Intangible fixed assets -€50,750
down €50,750 (-14.1%), from €360,813 to €310,063
- Cash -€20,740
down €20,740 (-75.0%), from €27,643 to €6,903
mainly Net result for the year (-€132,877) and Debts after one year (-€31,653)
- Tangible fixed assets -€10,711
down €10,711 (-7.4%), from €145,409 to €134,697
of which Plant, machinery and equipment: -€10,394
- Profit (loss) carried forward -€132,877
new in 2025: -€132,877
- Debts after one year -€31,653
down €31,653 (-13.0%), from €244,034 to €212,382
- Advances received +€30,475
new in 2025: €30,475
- Current portion of long-term debt -€13,044
down €13,044 (-25.5%), from €51,055 to €38,011
- Gross operating margin -€276,426
down €276,426 (-84.7%), from €326,432 to €50,006
- Staff costs -€53,043
down €53,043 (-42.1%), from €125,866 to €72,824
- Taxes -€27,193
down €27,193 (-99.4%), from €27,362 to €169
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 | €709,600 | €567,540 | -€142,060 | -20.0% |
| Fixed assets | 21/28 | €518,925 | €457,464 | -€61,461 | -11.8% |
| Intangible fixed assets | 21 | €360,813 | €310,063 | -€50,750 | -14.1% |
| Tangible fixed assets | 22/27 | €145,409 | €134,697 | -€10,711 | -7.4% |
| Plant, machinery and equipment | 23 | €102,331 | €91,937 | -€10,394 | -10.2% |
| Furniture and vehicles | 24 | €10,708 | €12,274 | +€1,566 | +14.6% |
| Other tangible fixed assets | 26 | €32,369 | €30,486 | -€1,883 | -5.8% |
| Financial fixed assets | 28 | €12,704 | €12,704 | = | 0.0% |
| Current assets | 29/58 | €190,675 | €110,076 | -€80,599 | -42.3% |
| Stocks and contracts in progress | 3 | - | €2,157 | +€2,157 | |
| Stocks | 30/36 | - | €2,157 | +€2,157 | |
| Amounts receivable within one year | 40/41 | €161,119 | €96,160 | -€64,960 | -40.3% |
| Trade receivables | 40 | €67,406 | €30,280 | -€37,127 | -55.1% |
| Other amounts receivable | 41 | €93,713 | €65,880 | -€27,833 | -29.7% |
| Cash at bank and in hand | 54/58 | €27,643 | €6,903 | -€20,740 | -75.0% |
| Deferred charges and accrued income | 490/1 | €1,912 | €4,856 | +€2,944 | +154% |
| Total equity and liabilities | 10/49 | €709,600 | €567,540 | -€142,060 | -20.0% |
| Equity | 10/15 | €154,621 | €21,743 | -€132,877 | -85.9% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €64,621 | €64,621 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €62,761 | €62,761 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€132,877 | -€132,877 | |
| Amounts payable | 17/49 | €554,979 | €545,796 | -€9,183 | -1.7% |
| Amounts payable after more than one year | 17 | €244,034 | €212,382 | -€31,653 | -13.0% |
| Financial debts | 170/4 | €244,034 | €212,382 | -€31,653 | -13.0% |
| Amounts payable within one year | 42/48 | €304,923 | €329,341 | +€24,418 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €51,055 | €38,011 | -€13,044 | -25.5% |
| Trade debts | 44 | €30,331 | €34,564 | +€4,232 | +14.0% |
| Suppliers | 440/4 | €30,331 | €34,564 | +€4,232 | +14.0% |
| Advances received on contracts in progress | 46 | - | €30,475 | +€30,475 | |
| Taxes, remuneration and social security | 45 | €55,220 | €51,051 | -€4,170 | -7.6% |
| Taxes | 450/3 | €55,220 | €38,430 | -€16,791 | -30.4% |
| Remuneration and social security | 454/9 | - | €12,621 | +€12,621 | |
| Other amounts payable | 47/48 | €168,316 | €175,241 | +€6,925 | +4.1% |
| Accrued charges and deferred income | 492/3 | €6,022 | €4,073 | -€1,948 | -32.4% |
| Remuneration, social security and pensions | 62 | €125,866 | €72,824 | -€53,043 | -42.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,715 | €78,124 | -€1,592 | -2.0% |
| Other operating charges | 640/8 | €13,391 | €13,214 | -€177 | -1.3% |
| Gross operating margin | 9900 | €326,432 | €50,006 | -€276,426 | -84.7% |
| Operating profit (loss) | 9901 | €107,459 | -€114,155 | -€221,614 | |
| Financial charges | 65/66B | €17,336 | €18,553 | +€1,217 | +7.0% |
| Recurring financial charges | 65 | €17,336 | €18,553 | +€1,217 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €90,123 | -€132,708 | -€222,831 | |
| Income taxes | 67/77 | €27,362 | €169 | -€27,193 | -99.4% |
| Profit (loss) for the period | 9904 | €62,761 | -€132,877 | -€195,638 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,761 | -€132,877 | -€195,638 |
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 28 October 2026 via checked.be.