BASTIAENS: 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.
BASTIAENS
Largest movements
- Cash -€34,869
down €34,869 (-78.2%), from €44,571 to €9,702
mainly Investment in fixed assets (net) (-€16,884) and Tax, wage and social debts (-€13,931)
- Deferred charges and accrued income +€4,514
new in 2025: €4,514
- Receivables within one year +€3,971
up €3,971 (+18.1%), from €21,999 to €25,970
of which Other amounts receivable: +€10,583
- Tax, wage and social debts -€13,931
down €13,931 (-18.2%), from €76,360 to €62,429
of which Taxes: -€13,662
- Debts after one year -€10,967
down €10,967 (-40.5%), from €27,086 to €16,119
- Other debts -€2,779
down €2,779 (-100%), from €2,779 to €0
- Staff costs -€17,889
down €17,889 (-4.8%), from €371,005 to €353,116
- Gross operating margin -€15,703
down €15,703 (-3.9%), from €401,207 to €385,505
- Financial charges +€4,073
up €4,073 (+54.8%), from €7,429 to €11,502
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 | €245,017 | €218,749 | -€26,268 | -10.7% |
| Fixed assets | 21/28 | €109,945 | €109,966 | +€21 | 0.0% |
| Tangible fixed assets | 22/27 | €108,046 | €108,395 | +€348 | +0.3% |
| Land and buildings | 22 | €64,347 | €72,816 | +€8,469 | +13.2% |
| Plant, machinery and equipment | 23 | €39,873 | €32,025 | -€7,848 | -19.7% |
| Furniture and vehicles | 24 | €3,826 | €3,553 | -€273 | -7.1% |
| Financial fixed assets | 28 | €1,899 | €1,572 | -€327 | -17.2% |
| Current assets | 29/58 | €135,072 | €108,783 | -€26,289 | -19.5% |
| Stocks and contracts in progress | 3 | €68,501 | €68,596 | +€95 | +0.1% |
| Stocks | 30/36 | €68,501 | €68,596 | +€95 | +0.1% |
| Amounts receivable within one year | 40/41 | €21,999 | €25,970 | +€3,971 | +18.1% |
| Trade receivables | 40 | €8,359 | €1,747 | -€6,612 | -79.1% |
| Other amounts receivable | 41 | €13,640 | €24,223 | +€10,583 | +77.6% |
| Cash at bank and in hand | 54/58 | €44,571 | €9,702 | -€34,869 | -78.2% |
| Deferred charges and accrued income | 490/1 | - | €4,514 | +€4,514 | |
| Total equity and liabilities | 10/49 | €245,017 | €218,749 | -€26,268 | -10.7% |
| Equity | 10/15 | €18,775 | €19,196 | +€421 | +2.2% |
| Contributions | 10/11 | €62,576 | €62,576 | = | 0.0% |
| Capital | 10 | €62,538 | €62,538 | = | 0.0% |
| Issued capital | 100 | €62,538 | €62,538 | = | 0.0% |
| Contributions outside capital | 11 | €38 | €38 | = | 0.0% |
| Share premium | 1100/10 | €38 | €38 | = | 0.0% |
| Reserves | 13 | €33,395 | €33,395 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,254 | €14,254 | = | 0.0% |
| Legal reserve | 130 | €14,254 | €14,254 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,700 | €5,700 | = | 0.0% |
| Distributable reserves | 133 | €13,441 | €13,441 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,196 | -€76,775 | +€421 | +0.5% |
| Amounts payable | 17/49 | €226,242 | €199,553 | -€26,689 | -11.8% |
| Amounts payable after more than one year | 17 | €27,086 | €16,119 | -€10,967 | -40.5% |
| Financial debts | 170/4 | €27,086 | €16,119 | -€10,967 | -40.5% |
| Amounts payable within one year | 42/48 | €199,156 | €183,434 | -€15,722 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €10,670 | €10,967 | +€297 | +2.8% |
| Financial debts | 43 | €9,388 | €8,901 | -€486 | -5.2% |
| Credit institutions | 430/8 | €9,388 | €8,901 | -€486 | -5.2% |
| Trade debts | 44 | €99,959 | €101,137 | +€1,178 | +1.2% |
| Suppliers | 440/4 | €99,959 | €101,137 | +€1,178 | +1.2% |
| Taxes, remuneration and social security | 45 | €76,360 | €62,429 | -€13,931 | -18.2% |
| Taxes | 450/3 | €16,082 | €2,420 | -€13,662 | -85.0% |
| Remuneration and social security | 454/9 | €60,278 | €60,008 | -€270 | -0.4% |
| Other amounts payable | 47/48 | €2,779 | €0 | -€2,779 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €371,005 | €353,116 | -€17,889 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,682 | €16,863 | +€3,181 | +23.2% |
| Other operating charges | 640/8 | €3,282 | €3,459 | +€177 | +5.4% |
| Gross operating margin | 9900 | €401,207 | €385,505 | -€15,703 | -3.9% |
| Operating profit (loss) | 9901 | €13,239 | €12,067 | -€1,172 | -8.9% |
| Financial income | 75/76B | €148 | €1 | -€147 | -99.0% |
| Recurring financial income | 75 | €148 | €1 | -€147 | -99.0% |
| Financial charges | 65/66B | €7,429 | €11,502 | +€4,073 | +54.8% |
| Recurring financial charges | 65 | €7,429 | €11,502 | +€4,073 | +54.8% |
| Profit (loss) for the period before taxes | 9903 | €5,958 | €566 | -€5,392 | -90.5% |
| Income taxes | 67/77 | €3,086 | €145 | -€2,941 | -95.3% |
| Profit (loss) for the period | 9904 | €2,872 | €421 | -€2,451 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,872 | €421 | -€2,451 | -85.3% |
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 27 October 2026 via checked.be.