Bastiat: 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.
Bastiat
Largest movements
- Cash -€11,976
down €11,976 (-24.6%), from €48,651 to €36,675
mainly Contributions, distributions and other (-€52,954) and Tax, wage and social debts (-€5,982)
- Receivables within one year -€7,180
down €7,180 (-58.5%), from €12,282 to €5,102
of which Trade receivables: -€12,161
- Tangible fixed assets -€1,949
down €1,949 (-97.0%), from €2,010 to €61
- Reserves -€8,478
down €8,478 (-15.1%), from €56,178 to €47,700
- Tax, wage and social debts -€5,982
down €5,982 (-55.3%), from €10,815 to €4,833
of which Taxes: -€3,782
- Debts after one year -€5,623
down €5,623 (-44.2%), from €12,731 to €7,108
- Trade debts -€2,000
down €2,000 (-67.5%), from €2,961 to €962
- Depreciation -€6,738
down €6,738 (-77.6%), from €8,687 to €1,949
- Taxes -€2,496
down €2,496 (-17.2%), from €14,515 to €12,019
- Gross operating margin -€964
down €964 (-1.6%), from €59,193 to €58,228
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 | €90,930 | €69,794 | -€21,136 | -23.2% |
| Fixed assets | 21/28 | €2,010 | €61 | -€1,949 | -97.0% |
| Tangible fixed assets | 22/27 | €2,010 | €61 | -€1,949 | -97.0% |
| Furniture and vehicles | 24 | €2,010 | €61 | -€1,949 | -97.0% |
| Current assets | 29/58 | €88,920 | €69,733 | -€19,187 | -21.6% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,282 | €5,102 | -€7,180 | -58.5% |
| Trade receivables | 40 | €12,282 | €121 | -€12,161 | -99.0% |
| Other amounts receivable | 41 | - | €4,981 | +€4,981 | |
| Cash at bank and in hand | 54/58 | €48,651 | €36,675 | -€11,976 | -24.6% |
| Deferred charges and accrued income | 490/1 | €2,987 | €2,956 | -€32 | -1.1% |
| Total equity and liabilities | 10/49 | €90,930 | €69,794 | -€21,136 | -23.2% |
| Equity | 10/15 | €58,178 | €49,700 | -€8,478 | -14.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €56,178 | €47,700 | -€8,478 | -15.1% |
| Distributable reserves | 133 | €56,178 | €47,700 | -€8,478 | -15.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €32,752 | €20,094 | -€12,658 | -38.6% |
| Amounts payable after more than one year | 17 | €12,731 | €7,108 | -€5,623 | -44.2% |
| Financial debts | 170/4 | €12,731 | €7,108 | -€5,623 | -44.2% |
| Amounts payable within one year | 42/48 | €20,021 | €12,986 | -€7,035 | -35.1% |
| Current portion of amounts payable after more than one year | 42 | €5,567 | €5,623 | +€56 | +1.0% |
| Trade debts | 44 | €2,961 | €962 | -€2,000 | -67.5% |
| Suppliers | 440/4 | €2,961 | €962 | -€2,000 | -67.5% |
| Taxes, remuneration and social security | 45 | €10,815 | €4,833 | -€5,982 | -55.3% |
| Taxes | 450/3 | €8,615 | €4,833 | -€3,782 | -43.9% |
| Remuneration and social security | 454/9 | €2,200 | €0 | -€2,200 | -100% |
| Other amounts payable | 47/48 | €677 | €1,568 | +€891 | +131% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,687 | €1,949 | -€6,738 | -77.6% |
| Other operating charges | 640/8 | €823 | €854 | +€30 | +3.7% |
| Gross operating margin | 9900 | €59,193 | €58,228 | -€964 | -1.6% |
| Operating profit (loss) | 9901 | €49,682 | €55,426 | +€5,743 | +11.6% |
| Financial income | 75/76B | €1,474 | €1,875 | +€401 | +27.2% |
| Recurring financial income | 75 | €1,474 | €1,875 | +€401 | +27.2% |
| Financial charges | 65/66B | €348 | €806 | +€458 | +132% |
| Recurring financial charges | 65 | €348 | €806 | +€458 | +132% |
| Profit (loss) for the period before taxes | 9903 | €50,809 | €56,495 | +€5,686 | +11.2% |
| Income taxes | 67/77 | €14,515 | €12,019 | -€2,496 | -17.2% |
| Profit (loss) for the period | 9904 | €36,293 | €44,475 | +€8,182 | +22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,293 | €44,475 | +€8,182 | +22.5% |
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 16 October 2026 via checked.be.