BASTIAANSEN J.: 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.
BASTIAANSEN J.
Largest movements
- Tangible fixed assets -€112,654
down €112,654 (-50.6%), from €222,464 to €109,810
of which Leasing and similar rights: -€142,713
- Receivables within one year -€69,834
down €69,834 (-64.4%), from €108,443 to €38,609
of which Trade receivables: -€76,390
- Deferred charges and accrued income -€11,338
down €11,338 (-51.3%), from €22,085 to €10,748
- Cash -€7,624
down €7,624 (-49.6%), from €15,374 to €7,749
mainly Debts after one year (-€96,795) and Short-term financial debts (-€50,017)
- Debts after one year -€96,795
down €96,795 (-77.6%), from €124,794 to €27,999
- Short-term financial debts -€50,017
down €50,017 (-66.7%), from €75,017 to €25,000
- Current portion of long-term debt -€41,445
down €41,445 (-58.7%), from €70,568 to €29,124
- Tax, wage and social debts -€7,524
down €7,524 (-58.3%), from €12,912 to €5,388
of which Taxes: -€8,582
- Trade debts -€4,221
down €4,221 (-5.9%), from €71,079 to €66,858
- Gross operating margin -€65,856
down €65,856 (-35.1%), from €187,795 to €121,939
- Depreciation -€59,310
down €59,310 (-68.7%), from €86,356 to €27,046
- Staff costs -€58,567
down €58,567 (-53.6%), from €109,331 to €50,764
- Other operating charges +€2,802
up €2,802 (+52.6%), from €5,332 to €8,134
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 | €369,243 | €167,793 | -€201,450 | -54.6% |
| Fixed assets | 21/28 | €223,342 | €110,688 | -€112,654 | -50.4% |
| Tangible fixed assets | 22/27 | €222,464 | €109,810 | -€112,654 | -50.6% |
| Furniture and vehicles | 24 | €6,627 | €36,686 | +€30,059 | +454% |
| Leasing and similar rights | 25 | €215,836 | €73,123 | -€142,713 | -66.1% |
| Financial fixed assets | 28 | €878 | €878 | = | 0.0% |
| Current assets | 29/58 | €145,902 | €57,105 | -€88,796 | -60.9% |
| Amounts receivable within one year | 40/41 | €108,443 | €38,609 | -€69,834 | -64.4% |
| Trade receivables | 40 | €106,771 | €30,380 | -€76,390 | -71.5% |
| Other amounts receivable | 41 | €1,672 | €8,228 | +€6,556 | +392% |
| Cash at bank and in hand | 54/58 | €15,374 | €7,749 | -€7,624 | -49.6% |
| Deferred charges and accrued income | 490/1 | €22,085 | €10,748 | -€11,338 | -51.3% |
| Total equity and liabilities | 10/49 | €369,243 | €167,793 | -€201,450 | -54.6% |
| Equity | 10/15 | €8,939 | €10,894 | +€1,955 | +21.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €50,105 | €50,105 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €48,245 | €48,245 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,566 | -€51,611 | +€1,955 | +3.6% |
| Amounts payable | 17/49 | €360,304 | €156,899 | -€203,405 | -56.5% |
| Amounts payable after more than one year | 17 | €124,794 | €27,999 | -€96,795 | -77.6% |
| Financial debts | 170/4 | €124,794 | €27,999 | -€96,795 | -77.6% |
| Amounts payable within one year | 42/48 | €234,427 | €127,938 | -€106,489 | -45.4% |
| Current portion of amounts payable after more than one year | 42 | €70,568 | €29,124 | -€41,445 | -58.7% |
| Financial debts | 43 | €75,017 | €25,000 | -€50,017 | -66.7% |
| Credit institutions | 430/8 | €75,017 | €25,000 | -€50,017 | -66.7% |
| Trade debts | 44 | €71,079 | €66,858 | -€4,221 | -5.9% |
| Suppliers | 440/4 | €71,079 | €66,858 | -€4,221 | -5.9% |
| Taxes, remuneration and social security | 45 | €12,912 | €5,388 | -€7,524 | -58.3% |
| Taxes | 450/3 | €8,927 | €345 | -€8,582 | -96.1% |
| Remuneration and social security | 454/9 | €3,984 | €5,043 | +€1,058 | +26.6% |
| Other amounts payable | 47/48 | €4,851 | €1,568 | -€3,283 | -67.7% |
| Accrued charges and deferred income | 492/3 | €1,083 | €963 | -€121 | -11.1% |
| Non-recurring operating income | 76A | €234 | €30,100 | +€29,866 | +12,745% |
| Remuneration, social security and pensions | 62 | €109,331 | €50,764 | -€58,567 | -53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,356 | €27,046 | -€59,310 | -68.7% |
| Other operating charges | 640/8 | €5,332 | €8,134 | +€2,802 | +52.6% |
| Non-recurring operating charges | 66A | €1,089 | €13,120 | +€12,031 | +1,105% |
| Gross operating margin | 9900 | €187,795 | €121,939 | -€65,856 | -35.1% |
| Operating profit (loss) | 9901 | -€14,312 | €22,876 | +€37,188 | |
| Financial income | 75/76B | €0 | €762 | +€762 | +3,811,000% |
| Recurring financial income | 75 | €0 | €762 | +€762 | +3,811,000% |
| Financial charges | 65/66B | €22,001 | €21,367 | -€634 | -2.9% |
| Recurring financial charges | 65 | €22,001 | €21,367 | -€634 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | -€36,313 | €2,271 | +€38,584 | |
| Income taxes | 67/77 | €199 | €316 | +€118 | +59.2% |
| Profit (loss) for the period | 9904 | -€36,511 | €1,955 | +€38,466 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,511 | €1,955 | +€38,466 |
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 24 October 2026 via checked.be.