Bassurim: 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.
Bassurim
Largest movements
- Receivables within one year +€1.6m
new in 2025: €1.6m
of which Other amounts receivable: +€1.6m
- Receivables after one year -€1.1m
no longer reported in 2025 (was €1.1m)
- Tangible fixed assets -€174,769
down €174,769 (-4.2%), from €4.2m to €4.0m
of which Land and buildings: -€157,643
- Cash -€153,582
down €153,582 (-40.5%), from €378,802 to €225,221
mainly Receivables within one year (-€1.6m) and Debts after one year (-€90,517)
- Current investments -€83,350
down €83,350 (-49.1%), from €169,839 to €86,489
- Reserves +€169,707
up €169,707 (+3.3%), from €5.1m to €5.3m
of which Distributable reserves: +€187,036
- Debts after one year -€90,517
down €90,517 (-16.5%), from €548,850 to €458,333
- Gross operating margin +€58,426
up €58,426 (+14.9%), from €391,278 to €449,704
- Financial income -€25,428
down €25,428 (-34.5%), from €73,692 to €48,264
- Taxes +€15,889
up €15,889 (+30.5%), from €52,016 to €67,905
- Depreciation +€11,068
up €11,068 (+5.9%), from €187,759 to €198,827
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 | €6,151,315 | €6,243,535 | +€92,220 | +1.5% |
| Fixed assets | 21/28 | €4,468,523 | €4,293,754 | -€174,769 | -3.9% |
| Tangible fixed assets | 22/27 | €4,172,464 | €3,997,695 | -€174,769 | -4.2% |
| Land and buildings | 22 | €4,045,768 | €3,888,125 | -€157,643 | -3.9% |
| Furniture and vehicles | 24 | €117,561 | €104,194 | -€13,367 | -11.4% |
| Other tangible fixed assets | 26 | €9,135 | €5,376 | -€3,759 | -41.1% |
| Financial fixed assets | 28 | €296,060 | €296,060 | = | 0.0% |
| Current assets | 29/58 | €1,682,792 | €1,949,781 | +€266,989 | +15.9% |
| Amounts receivable after more than one year | 29 | €1,109,268 | - | -€1.1m | |
| Other amounts receivable | 291 | €1,109,268 | - | -€1.1m | |
| Amounts receivable within one year | 40/41 | - | €1,560,434 | +€1.6m | |
| Trade receivables | 40 | - | €4,524 | +€4,524 | |
| Other amounts receivable | 41 | - | €1,555,910 | +€1.6m | |
| Current investments | 50/53 | €169,839 | €86,489 | -€83,350 | -49.1% |
| Cash at bank and in hand | 54/58 | €378,802 | €225,221 | -€153,582 | -40.5% |
| Deferred charges and accrued income | 490/1 | €24,882 | €77,637 | +€52,755 | +212% |
| Total equity and liabilities | 10/49 | €6,151,315 | €6,243,535 | +€92,220 | +1.5% |
| Equity | 10/15 | €5,353,133 | €5,534,458 | +€181,325 | +3.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €5,091,097 | €5,260,803 | +€169,707 | +3.3% |
| Non-distributable reserves | 130/1 | €187,500 | €187,500 | = | 0.0% |
| Legal reserve | 130 | €187,500 | €187,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €350,996 | €333,666 | -€17,329 | -4.9% |
| Distributable reserves | 133 | €4,552,601 | €4,739,637 | +€187,036 | +4.1% |
| Profit (loss) carried forward | 14 | €187,036 | €198,654 | +€11,618 | +6.2% |
| Provisions and deferred taxes | 16 | €110,749 | €104,972 | -€5,776 | -5.2% |
| Deferred taxes | 168 | €110,749 | €104,972 | -€5,776 | -5.2% |
| Amounts payable | 17/49 | €687,434 | €604,106 | -€83,328 | -12.1% |
| Amounts payable after more than one year | 17 | €548,850 | €458,333 | -€90,517 | -16.5% |
| Financial debts | 170/4 | €548,850 | €458,333 | -€90,517 | -16.5% |
| Amounts payable within one year | 42/48 | €121,890 | €122,252 | +€362 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €95,295 | €90,517 | -€4,778 | -5.0% |
| Financial debts | 43 | €15,153 | €15,160 | +€7 | 0.0% |
| Credit institutions | 430/8 | €15,153 | €15,160 | +€7 | 0.0% |
| Trade debts | 44 | €2,073 | €1,178 | -€894 | -43.1% |
| Suppliers | 440/4 | €2,073 | €1,178 | -€894 | -43.1% |
| Taxes, remuneration and social security | 45 | €9,369 | €15,397 | +€6,027 | +64.3% |
| Taxes | 450/3 | €9,369 | €15,397 | +€6,027 | +64.3% |
| Accrued charges and deferred income | 492/3 | €16,694 | €23,521 | +€6,826 | +40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €187,759 | €198,827 | +€11,068 | +5.9% |
| Other operating charges | 640/8 | €46,074 | €43,847 | -€2,227 | -4.8% |
| Gross operating margin | 9900 | €391,278 | €449,704 | +€58,426 | +14.9% |
| Operating profit (loss) | 9901 | €157,446 | €207,031 | +€49,585 | +31.5% |
| Financial income | 75/76B | €73,692 | €48,264 | -€25,428 | -34.5% |
| Recurring financial income | 75 | €73,692 | €48,264 | -€25,428 | -34.5% |
| Financial charges | 65/66B | €15,192 | €11,841 | -€3,351 | -22.1% |
| Recurring financial charges | 65 | €15,192 | €11,841 | -€3,351 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €215,946 | €243,453 | +€27,507 | +12.7% |
| Transfer from deferred taxes | 780 | €5,776 | €5,776 | = | 0.0% |
| Income taxes | 67/77 | €52,016 | €67,905 | +€15,889 | +30.5% |
| Profit (loss) for the period | 9904 | €169,707 | €181,325 | +€11,618 | +6.8% |
| Transfer from tax-exempt reserves | 789 | €17,329 | €17,329 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €187,036 | €198,654 | +€11,618 | +6.2% |
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.