BASPARTOE: 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.
BASPARTOE
Largest movements
- Receivables within one year -€21,773
down €21,773 (-78.0%), from €27,921 to €6,148
of which Trade receivables: -€21,777
- Tangible fixed assets -€17,005
down €17,005 (-14.6%), from €116,257 to €99,252
of which Other tangible fixed assets: -€11,867
- Deferred charges and accrued income -€1,600
down €1,600 (-73.5%), from €2,177 to €577
- Debts after one year -€60,000
down €60,000 (-66.7%), from €90,000 to €30,000
- Reserves +€16,824
up €16,824 (+50.2%), from €33,511 to €50,334
of which Distributable reserves: +€19,171
- Other debts +€11,195
up €11,195 (+1034.3%), from €1,082 to €12,277
- Trade debts -€9,792
down €9,792 (-79.8%), from €12,264 to €2,472
- Tax, wage and social debts +€2,666
up €2,666 (+94.7%), from €2,814 to €5,480
- Gross operating margin -€4,724
down €4,724 (-10.9%), from €43,242 to €38,518
- Taxes +€843
up €843 (+52.9%), from €1,594 to €2,437
- Depreciation +€549
up €549 (+3.3%), from €16,456 to €17,005
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 | €146,791 | €107,264 | -€39,526 | -26.9% |
| Fixed assets | 21/28 | €116,257 | €99,252 | -€17,005 | -14.6% |
| Tangible fixed assets | 22/27 | €116,257 | €99,252 | -€17,005 | -14.6% |
| Plant, machinery and equipment | 23 | €9,453 | €4,316 | -€5,138 | -54.3% |
| Other tangible fixed assets | 26 | €106,803 | €94,936 | -€11,867 | -11.1% |
| Current assets | 29/58 | €30,534 | €8,012 | -€22,522 | -73.8% |
| Amounts receivable within one year | 40/41 | €27,921 | €6,148 | -€21,773 | -78.0% |
| Trade receivables | 40 | €27,921 | €6,144 | -€21,777 | -78.0% |
| Other amounts receivable | 41 | €0 | €5 | +€5 | |
| Cash at bank and in hand | 54/58 | €436 | €1,287 | +€851 | +195.1% |
| Deferred charges and accrued income | 490/1 | €2,177 | €577 | -€1,600 | -73.5% |
| Total equity and liabilities | 10/49 | €146,791 | €107,264 | -€39,526 | -26.9% |
| Equity | 10/15 | €39,711 | €56,534 | +€16,824 | +42.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,511 | €50,334 | +€16,824 | +50.2% |
| Tax-exempt reserves | 132 | €2,347 | €0 | -€2,347 | -100.0% |
| Distributable reserves | 133 | €31,164 | €50,334 | +€19,171 | +61.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €29 | €0 | -€29 | -100.0% |
| Deferred taxes | 168 | €29 | €0 | -€29 | -100.0% |
| Amounts payable | 17/49 | €107,051 | €50,730 | -€56,322 | -52.6% |
| Amounts payable after more than one year | 17 | €90,000 | €30,000 | -€60,000 | -66.7% |
| Other amounts payable | 178/9 | €90,000 | €30,000 | -€60,000 | -66.7% |
| Amounts payable within one year | 42/48 | €16,161 | €20,244 | +€4,084 | +25.3% |
| Financial debts | 43 | - | €15 | +€15 | |
| Credit institutions | 430/8 | - | €15 | +€15 | |
| Trade debts | 44 | €12,264 | €2,472 | -€9,792 | -79.8% |
| Suppliers | 440/4 | €12,264 | €2,472 | -€9,792 | -79.8% |
| Taxes, remuneration and social security | 45 | €2,814 | €5,480 | +€2,666 | +94.7% |
| Taxes | 450/3 | €2,814 | €5,480 | +€2,666 | +94.7% |
| Other amounts payable | 47/48 | €1,082 | €12,277 | +€11,195 | +1034.3% |
| Accrued charges and deferred income | 492/3 | €891 | €486 | -€405 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,456 | €17,005 | +€549 | +3.3% |
| Other operating charges | 640/8 | €1,952 | €1,972 | +€20 | +1.0% |
| Gross operating margin | 9900 | €43,242 | €38,518 | -€4,724 | -10.9% |
| Operating profit (loss) | 9901 | €24,834 | €19,541 | -€5,293 | -21.3% |
| Financial income | 75/76B | €3 | €1 | -€2 | -67.2% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -67.2% |
| Financial charges | 65/66B | €395 | €310 | -€86 | -21.7% |
| Recurring financial charges | 65 | €395 | €310 | -€86 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €24,441 | €19,232 | -€5,209 | -21.3% |
| Transfer from deferred taxes | 780 | €584 | €29 | -€556 | -95.1% |
| Income taxes | 67/77 | €1,594 | €2,437 | +€843 | +52.9% |
| Profit (loss) for the period | 9904 | €23,432 | €16,824 | -€6,608 | -28.2% |
| Transfer from tax-exempt reserves | 789 | €1,791 | €2,347 | +€556 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,223 | €19,171 | -€6,053 | -24.0% |
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 12 October 2026 via checked.be.