BASRO: 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.
BASRO
Largest movements
- Receivables within one year +€217,370
up €217,370 (+728.7%), from €29,830 to €247,200
of which Trade receivables: +€195,100
- Cash -€211,968
down €211,968 (-69.9%), from €303,186 to €91,217
mainly Receivables within one year (-€217,370) and Deferred charges and accrued income (-€77,755)
- Financial fixed assets -€95,950
down €95,950 (-10.8%), from €885,000 to €789,050
- Deferred charges and accrued income +€77,755
up €77,755 (+94.3%), from €82,429 to €160,184
- Tax, wage and social debts -€74,429
down €74,429 (-89.0%), from €83,669 to €9,240
- Other debts +€52,058
up €52,058, from €0 to €52,058
- Debts after one year -€34,163
down €34,163 (-15.3%), from €222,884 to €188,721
- Financial income -€276,945
down €276,945 (-80.0%), from €346,142 to €69,197
- Gross operating margin -€77,591
down €77,591 (-48.6%), from €159,538 to €81,947
- Taxes -€76,970
down €76,970 (-73.2%), from €105,185 to €28,215
- Depreciation -€43,621
down €43,621 (-55.8%), from €78,137 to €34,517
- Other operating charges +€3,951
up €3,951 (+117.3%), from €3,368 to €7,319
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 | €3,087,064 | €3,035,689 | -€51,375 | -1.7% |
| Fixed assets | 21/28 | €1,336,620 | €1,215,139 | -€121,481 | -9.1% |
| Tangible fixed assets | 22/27 | €451,620 | €426,089 | -€25,531 | -5.7% |
| Land and buildings | 22 | €376,377 | €361,752 | -€14,625 | -3.9% |
| Furniture and vehicles | 24 | €75,243 | €64,337 | -€10,906 | -14.5% |
| Financial fixed assets | 28 | €885,000 | €789,050 | -€95,950 | -10.8% |
| Current assets | 29/58 | €1,750,444 | €1,820,550 | +€70,106 | +4.0% |
| Amounts receivable after more than one year | 29 | €1,335,000 | €1,321,949 | -€13,051 | -1.0% |
| Other amounts receivable | 291 | €1,335,000 | €1,321,949 | -€13,051 | -1.0% |
| Amounts receivable within one year | 40/41 | €29,830 | €247,200 | +€217,370 | +728.7% |
| Trade receivables | 40 | €29,830 | €224,930 | +€195,100 | +654.0% |
| Other amounts receivable | 41 | €0 | €22,270 | +€22,270 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €303,186 | €91,217 | -€211,968 | -69.9% |
| Deferred charges and accrued income | 490/1 | €82,429 | €160,184 | +€77,755 | +94.3% |
| Total equity and liabilities | 10/49 | €3,087,064 | €3,035,689 | -€51,375 | -1.7% |
| Equity | 10/15 | €2,723,672 | €2,732,058 | +€8,386 | +0.3% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €2,414,869 | €2,414,869 | = | 0.0% |
| Distributable reserves | 133 | €2,414,869 | €2,414,869 | = | 0.0% |
| Profit (loss) carried forward | 14 | €308,304 | €316,689 | +€8,386 | +2.7% |
| Amounts payable | 17/49 | €363,392 | €303,631 | -€59,760 | -16.4% |
| Amounts payable after more than one year | 17 | €222,884 | €188,721 | -€34,163 | -15.3% |
| Financial debts | 170/4 | €222,884 | €188,721 | -€34,163 | -15.3% |
| Amounts payable within one year | 42/48 | €140,508 | €114,910 | -€25,598 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €49,781 | €51,007 | +€1,226 | +2.5% |
| Trade debts | 44 | €7,058 | €2,606 | -€4,453 | -63.1% |
| Suppliers | 440/4 | €7,058 | €2,606 | -€4,453 | -63.1% |
| Taxes, remuneration and social security | 45 | €83,669 | €9,240 | -€74,429 | -89.0% |
| Taxes | 450/3 | €83,669 | €9,240 | -€74,429 | -89.0% |
| Other amounts payable | 47/48 | €0 | €52,058 | +€52,058 | |
| Non-recurring operating income | 76A | €8,118 | €0 | -€8,118 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,137 | €34,517 | -€43,621 | -55.8% |
| Other operating charges | 640/8 | €3,368 | €7,319 | +€3,951 | +117.3% |
| Non-recurring operating charges | 66A | - | €61,160 | +€61,160 | |
| Gross operating margin | 9900 | €159,538 | €81,947 | -€77,591 | -48.6% |
| Operating profit (loss) | 9901 | €78,032 | -€21,049 | -€99,081 | |
| Financial income | 75/76B | €346,142 | €69,197 | -€276,945 | -80.0% |
| Recurring financial income | 75 | €346,142 | €69,197 | -€276,945 | -80.0% |
| Financial charges | 65/66B | €10,685 | €11,547 | +€862 | +8.1% |
| Recurring financial charges | 65 | €10,685 | €11,547 | +€862 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €413,489 | €36,601 | -€376,888 | -91.1% |
| Income taxes | 67/77 | €105,185 | €28,215 | -€76,970 | -73.2% |
| Profit (loss) for the period | 9904 | €308,304 | €8,386 | -€299,918 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €308,304 | €8,386 | -€299,918 | -97.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.