BAST: 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.
BAST
Largest movements
- Receivables within one year +€34,555
up €34,555 (+3,224%), from €1,072 to €35,626
of which Other amounts receivable: +€30,465
- Cash -€16,126
down €16,126 (-14.7%), from €110,039 to €93,913
mainly Receivables within one year (-€34,555) and Debts after one year (-€18,661)
- Tangible fixed assets -€13,257
down €13,257 (-33.9%), from €39,077 to €25,820
of which Other tangible fixed assets: -€8,651
- Stocks and contracts +€8,376
up €8,376 (+189%), from €4,431 to €12,807
- Intangible fixed assets -€4,000
down €4,000 (-50.0%), from €8,000 to €4,000
- Debts after one year -€18,661
down €18,661 (-100%), from €18,661 to €0
- Reserves +€17,915
up €17,915 (+17.0%), from €105,481 to €123,397
- Tax, wage and social debts +€8,973
up €8,973 (+137%), from €6,557 to €15,530
of which Remuneration and social security: +€5,467
- Trade debts +€5,256
up €5,256 (+42.4%), from €12,400 to €17,656
- Other debts -€3,041
down €3,041 (-100%), from €3,041 to €0
- Staff costs +€14,440
up €14,440 (+11.6%), from €124,085 to €138,524
- Taxes -€5,994
down €5,994 (-43.5%), from €13,767 to €7,773
- Gross operating margin -€2,654
down €2,654 (-1.3%), from €197,376 to €194,722
- Other operating charges +€2,511
up €2,511 (+142%), from €1,768 to €4,279
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 | €171,329 | €180,372 | +€9,043 | +5.3% |
| Fixed assets | 21/28 | €51,826 | €34,569 | -€17,257 | -33.3% |
| Intangible fixed assets | 21 | €8,000 | €4,000 | -€4,000 | -50.0% |
| Tangible fixed assets | 22/27 | €39,077 | €25,820 | -€13,257 | -33.9% |
| Plant, machinery and equipment | 23 | €20,432 | €15,826 | -€4,606 | -22.5% |
| Other tangible fixed assets | 26 | €18,645 | €9,994 | -€8,651 | -46.4% |
| Financial fixed assets | 28 | €4,749 | €4,749 | = | 0.0% |
| Current assets | 29/58 | €119,503 | €145,803 | +€26,300 | +22.0% |
| Stocks and contracts in progress | 3 | €4,431 | €12,807 | +€8,376 | +189% |
| Stocks | 30/36 | €4,431 | €12,807 | +€8,376 | +189% |
| Amounts receivable within one year | 40/41 | €1,072 | €35,626 | +€34,555 | +3,224% |
| Trade receivables | 40 | €985 | €5,074 | +€4,089 | +415% |
| Other amounts receivable | 41 | €87 | €30,552 | +€30,465 | +35,098% |
| Cash at bank and in hand | 54/58 | €110,039 | €93,913 | -€16,126 | -14.7% |
| Deferred charges and accrued income | 490/1 | €3,961 | €3,456 | -€505 | -12.8% |
| Total equity and liabilities | 10/49 | €171,329 | €180,372 | +€9,043 | +5.3% |
| Equity | 10/15 | €110,481 | €128,397 | +€17,915 | +16.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €105,481 | €123,397 | +€17,915 | +17.0% |
| Distributable reserves | 133 | €105,481 | €123,397 | +€17,915 | +17.0% |
| Amounts payable | 17/49 | €60,848 | €51,975 | -€8,873 | -14.6% |
| Amounts payable after more than one year | 17 | €18,661 | €0 | -€18,661 | -100% |
| Financial debts | 170/4 | €18,661 | €0 | -€18,661 | -100% |
| Amounts payable within one year | 42/48 | €42,187 | €51,847 | +€9,660 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €20,189 | €18,661 | -€1,528 | -7.6% |
| Trade debts | 44 | €12,400 | €17,656 | +€5,256 | +42.4% |
| Suppliers | 440/4 | €12,400 | €17,656 | +€5,256 | +42.4% |
| Taxes, remuneration and social security | 45 | €6,557 | €15,530 | +€8,973 | +137% |
| Taxes | 450/3 | €732 | €4,238 | +€3,506 | +479% |
| Remuneration and social security | 454/9 | €5,825 | €11,292 | +€5,467 | +93.9% |
| Other amounts payable | 47/48 | €3,041 | €0 | -€3,041 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €128 | +€128 | |
| Remuneration, social security and pensions | 62 | €124,085 | €138,524 | +€14,440 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,947 | €19,019 | -€928 | -4.7% |
| Other operating charges | 640/8 | €1,768 | €4,279 | +€2,511 | +142% |
| Non-recurring operating charges | 66A | - | €3,445 | +€3,445 | |
| Gross operating margin | 9900 | €197,376 | €194,722 | -€2,654 | -1.3% |
| Operating profit (loss) | 9901 | €51,576 | €29,454 | -€22,122 | -42.9% |
| Financial income | 75/76B | €0 | €445 | +€445 | |
| Recurring financial income | 75 | €0 | €445 | +€445 | |
| Financial charges | 65/66B | €4,539 | €4,211 | -€328 | -7.2% |
| Recurring financial charges | 65 | €4,539 | €4,211 | -€328 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €47,037 | €25,688 | -€21,349 | -45.4% |
| Income taxes | 67/77 | €13,767 | €7,773 | -€5,994 | -43.5% |
| Profit (loss) for the period | 9904 | €33,271 | €17,915 | -€15,355 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,271 | €17,915 | -€15,355 | -46.2% |
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 17 October 2026 via checked.be.