BASSAR: 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.
BASSAR
Largest movements
- Cash +€49,055
up €49,055 (+22.0%), from €223,124 to €272,178
mainly Net result for the year (+€120,204) and Other debts (+€90,048)
- Stocks and contracts +€30,842
up €30,842 (+34.4%), from €89,655 to €120,496
- Receivables within one year +€6,022
up €6,022 (+58.3%), from €10,332 to €16,354
of which Other amounts receivable: +€12,302
- Other debts +€90,048
up €90,048 (+60.3%), from €149,240 to €239,288
- Trade debts -€11,741
down €11,741 (-35.5%), from €33,087 to €21,346
- Reserves +€10,204
up €10,204 (+8.9%), from €114,137 to €124,341
- Gross operating margin +€48,745
up €48,745 (+33.5%), from €145,579 to €194,324
- Taxes +€10,389
up €10,389 (+48.7%), from €21,322 to €31,711
- Staff costs -€5,548
down €5,548 (-13.9%), from €39,811 to €34,263
- Other operating charges +€2,659
up €2,659 (+238%), from €1,117 to €3,776
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 | €341,412 | €427,374 | +€85,962 | +25.2% |
| Fixed assets | 21/28 | €17,673 | €17,676 | +€3 | 0.0% |
| Tangible fixed assets | 22/27 | €13,273 | €13,276 | +€3 | 0.0% |
| Plant, machinery and equipment | 23 | €12,189 | €12,007 | -€183 | -1.5% |
| Furniture and vehicles | 24 | €1,083 | €1,269 | +€186 | +17.1% |
| Financial fixed assets | 28 | €4,400 | €4,400 | = | 0.0% |
| Current assets | 29/58 | €323,740 | €409,698 | +€85,959 | +26.6% |
| Stocks and contracts in progress | 3 | €89,655 | €120,496 | +€30,842 | +34.4% |
| Stocks | 30/36 | €89,655 | €120,496 | +€30,842 | +34.4% |
| Amounts receivable within one year | 40/41 | €10,332 | €16,354 | +€6,022 | +58.3% |
| Trade receivables | 40 | €10,332 | €4,052 | -€6,280 | -60.8% |
| Other amounts receivable | 41 | - | €12,302 | +€12,302 | |
| Cash at bank and in hand | 54/58 | €223,124 | €272,178 | +€49,055 | +22.0% |
| Deferred charges and accrued income | 490/1 | €629 | €670 | +€41 | +6.5% |
| Total equity and liabilities | 10/49 | €341,412 | €427,374 | +€85,962 | +25.2% |
| Equity | 10/15 | €124,137 | €134,341 | +€10,204 | +8.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €114,137 | €124,341 | +€10,204 | +8.9% |
| Distributable reserves | 133 | €114,137 | €124,341 | +€10,204 | +8.9% |
| Amounts payable | 17/49 | €217,276 | €293,034 | +€75,758 | +34.9% |
| Amounts payable within one year | 42/48 | €217,276 | €293,034 | +€75,758 | +34.9% |
| Trade debts | 44 | €33,087 | €21,346 | -€11,741 | -35.5% |
| Suppliers | 440/4 | €33,087 | €21,346 | -€11,741 | -35.5% |
| Taxes, remuneration and social security | 45 | €34,949 | €32,399 | -€2,550 | -7.3% |
| Taxes | 450/3 | €24,407 | €18,791 | -€5,615 | -23.0% |
| Remuneration and social security | 454/9 | €10,542 | €13,608 | +€3,066 | +29.1% |
| Other amounts payable | 47/48 | €149,240 | €239,288 | +€90,048 | +60.3% |
| Remuneration, social security and pensions | 62 | €39,811 | €34,263 | -€5,548 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,206 | €4,060 | -€146 | -3.5% |
| Other operating charges | 640/8 | €1,117 | €3,776 | +€2,659 | +238% |
| Gross operating margin | 9900 | €145,579 | €194,324 | +€48,745 | +33.5% |
| Operating profit (loss) | 9901 | €100,445 | €152,225 | +€51,780 | +51.6% |
| Financial income | 75/76B | €1,113 | €56 | -€1,057 | -95.0% |
| Recurring financial income | 75 | €1,113 | €56 | -€1,057 | -95.0% |
| Financial charges | 65/66B | €588 | €366 | -€222 | -37.7% |
| Recurring financial charges | 65 | €588 | €366 | -€222 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €100,970 | €151,914 | +€50,944 | +50.5% |
| Income taxes | 67/77 | €21,322 | €31,711 | +€10,389 | +48.7% |
| Profit (loss) for the period | 9904 | €79,648 | €120,204 | +€40,556 | +50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €79,648 | €120,204 | +€40,556 | +50.9% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.