BASTELEUS: what changed
Two fiscal 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.
BASTELEUS
Largest movements
- Tangible fixed assets -€10,817
down €10,817 (-23.7%), from €45,728 to €34,911
of which Plant, machinery and equipment: -€7,416
- Cash +€8,255
up €8,255 (+13.1%), from €63,160 to €71,415
mainly Depreciation (+€11,210) and Receivables within one year (+€4,104)
- Receivables within one year -€4,104
down €4,104 (-26.0%), from €15,780 to €11,676
of which Trade receivables: -€2,839
- Deferred charges and accrued income +€1,732
up €1,732 (+154.9%), from €1,118 to €2,850
- Debts after one year -€7,500
down €7,500 (-44.1%), from €17,000 to €9,500
- Trade debts +€3,283
up €3,283 (+1629.2%), from €202 to €3,485
- Accrued charges and deferred income -€2,352
down €2,352 (-70.6%), from €3,330 to €978
- Reserves +€1,967
up €1,967 (+2.4%), from €81,106 to €83,072
- Depreciation +€268
up €268 (+2.4%), from €10,943 to €11,210
- Gross operating margin -€215
down €215 (-1.4%), from €15,781 to €15,566
- Taxes +€211
up €211 (+24.2%), from €873 to €1,084
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 | €137,333 | €131,942 | -€5,391 | -3.9% |
| Fixed assets | 21/28 | €45,778 | €34,961 | -€10,817 | -23.6% |
| Tangible fixed assets | 22/27 | €45,728 | €34,911 | -€10,817 | -23.7% |
| Plant, machinery and equipment | 23 | €32,426 | €25,010 | -€7,416 | -22.9% |
| Furniture and vehicles | 24 | €13,302 | €9,901 | -€3,401 | -25.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €91,555 | €96,981 | +€5,426 | +5.9% |
| Stocks and contracts in progress | 3 | €11,497 | €11,040 | -€457 | -4.0% |
| Stocks | 30/36 | €11,497 | €11,040 | -€457 | -4.0% |
| Amounts receivable within one year | 40/41 | €15,780 | €11,676 | -€4,104 | -26.0% |
| Trade receivables | 40 | €14,508 | €11,670 | -€2,839 | -19.6% |
| Other amounts receivable | 41 | €1,272 | €6 | -€1,266 | -99.5% |
| Cash at bank and in hand | 54/58 | €63,160 | €71,415 | +€8,255 | +13.1% |
| Deferred charges and accrued income | 490/1 | €1,118 | €2,850 | +€1,732 | +154.9% |
| Total equity and liabilities | 10/49 | €137,333 | €131,942 | -€5,391 | -3.9% |
| Equity | 10/15 | €99,698 | €101,664 | +€1,967 | +2.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €81,106 | €83,072 | +€1,967 | +2.4% |
| Distributable reserves | 133 | €81,106 | €83,072 | +€1,967 | +2.4% |
| Amounts payable | 17/49 | €37,635 | €30,277 | -€7,358 | -19.6% |
| Amounts payable after more than one year | 17 | €17,000 | €9,500 | -€7,500 | -44.1% |
| Financial debts | 170/4 | €17,000 | €9,500 | -€7,500 | -44.1% |
| Amounts payable within one year | 42/48 | €17,305 | €19,800 | +€2,495 | +14.4% |
| Trade debts | 44 | €202 | €3,485 | +€3,283 | +1629.2% |
| Suppliers | 440/4 | €202 | €3,485 | +€3,283 | +1629.2% |
| Taxes, remuneration and social security | 45 | €2,539 | €2,142 | -€397 | -15.6% |
| Taxes | 450/3 | €1,189 | €2,142 | +€953 | +80.1% |
| Remuneration and social security | 454/9 | €1,350 | - | -€1,350 | |
| Other amounts payable | 47/48 | €14,565 | €14,173 | -€391 | -2.7% |
| Accrued charges and deferred income | 492/3 | €3,330 | €978 | -€2,352 | -70.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,943 | €11,210 | +€268 | +2.4% |
| Other operating charges | 640/8 | €338 | €408 | +€70 | +20.6% |
| Gross operating margin | 9900 | €15,781 | €15,566 | -€215 | -1.4% |
| Operating profit (loss) | 9901 | €4,500 | €3,947 | -€553 | -12.3% |
| Financial income | 75/76B | €216 | €235 | +€19 | +8.6% |
| Recurring financial income | 75 | €216 | €19 | -€197 | -91.4% |
| Non-recurring financial income | 76B | €216 | €216 | = | 0.0% |
| Financial charges | 65/66B | €372 | €297 | -€74 | -20.0% |
| Recurring financial charges | 65 | €372 | €297 | -€74 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €4,344 | €3,884 | -€460 | -10.6% |
| Income taxes | 67/77 | €873 | €1,084 | +€211 | +24.2% |
| Profit (loss) for the period | 9904 | €3,471 | €2,800 | -€671 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,471 | €2,800 | -€671 | -19.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.