BASTIDE: 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.
BASTIDE
Largest movements
- Receivables within one year -€2.1m
down €2.1m (-96.8%), from €2.2m to €69,424
of which Other amounts receivable: -€2.2m
- Cash -€567,616
down €567,616 (-92.5%), from €613,682 to €46,066
mainly Contributions, distributions and other (-€3.0m) and Net result for the year (-€313,931)
- Stocks and contracts +€302,592
up €302,592 (+11.4%), from €2.7m to €3.0m
- Contributions -€2.8m
down €2.8m (-91.9%), from €3.0m to €241,705
- Other debts +€880,000
new in 2025: €880,000
- Reserves -€374,227
down €374,227 (-91.9%), from €407,020 to €32,793
of which Distributable reserves: -€367,773
- Profit (loss) carried forward -€140,027
down €140,027, from €849 to -€139,178
- Trade debts +€68,764
up €68,764 (+34.9%), from €197,199 to €265,963
- Gross operating margin -€428,613
down €428,613, from €289,061 to -€139,552
- Financial charges -€66,872
down €66,872 (-44.2%), from €151,379 to €84,506
- Financial income -€31,283
down €31,283 (-71.9%), from €43,484 to €12,201
- Staff costs -€27,585
down €27,585 (-28.7%), from €96,100 to €68,515
- Other operating charges +€16,954
up €16,954 (+469.0%), from €3,615 to €20,569
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 | €5,487,252 | €3,096,539 | -€2.4m | -43.6% |
| Fixed assets | 21/28 | €31,253 | €13,331 | -€17,921 | -57.3% |
| Tangible fixed assets | 22/27 | €26,053 | €13,281 | -€12,771 | -49.0% |
| Furniture and vehicles | 24 | €26,053 | €13,281 | -€12,771 | -49.0% |
| Financial fixed assets | 28 | €5,200 | €50 | -€5,150 | -99.0% |
| Current assets | 29/58 | €5,455,999 | €3,083,207 | -€2.4m | -43.5% |
| Stocks and contracts in progress | 3 | €2,660,814 | €2,963,406 | +€302,592 | +11.4% |
| Stocks | 30/36 | €2,660,814 | €2,963,406 | +€302,592 | +11.4% |
| Amounts receivable within one year | 40/41 | €2,179,862 | €69,424 | -€2.1m | -96.8% |
| Trade receivables | 40 | €3,899 | €54,134 | +€50,234 | +1288.3% |
| Other amounts receivable | 41 | €2,175,962 | €15,290 | -€2.2m | -99.3% |
| Cash at bank and in hand | 54/58 | €613,682 | €46,066 | -€567,616 | -92.5% |
| Deferred charges and accrued income | 490/1 | €1,642 | €4,311 | +€2,670 | +162.6% |
| Total equity and liabilities | 10/49 | €5,487,252 | €3,096,539 | -€2.4m | -43.6% |
| Equity | 10/15 | €3,407,869 | €135,320 | -€3.3m | -96.0% |
| Contributions | 10/11 | €3,000,000 | €241,705 | -€2.8m | -91.9% |
| Reserves | 13 | €407,020 | €32,793 | -€374,227 | -91.9% |
| Non-distributable reserves | 130/1 | €7,020 | €566 | -€6,454 | -91.9% |
| Reserves not available under the articles | 1311 | €7,020 | €566 | -€6,454 | -91.9% |
| Distributable reserves | 133 | €400,000 | €32,227 | -€367,773 | -91.9% |
| Profit (loss) carried forward | 14 | €849 | -€139,178 | -€140,027 | |
| Amounts payable | 17/49 | €2,079,383 | €2,961,218 | +€881,835 | +42.4% |
| Amounts payable after more than one year | 17 | €2,356 | - | -€2,356 | |
| Financial debts | 170/4 | €2,356 | - | -€2,356 | |
| Amounts payable within one year | 42/48 | €2,075,557 | €2,961,218 | +€885,661 | +42.7% |
| Current portion of amounts payable after more than one year | 42 | €7,018 | €2,356 | -€4,662 | -66.4% |
| Financial debts | 43 | €1,846,038 | €1,800,320 | -€45,718 | -2.5% |
| Credit institutions | 430/8 | €1,846,038 | €1,800,320 | -€45,718 | -2.5% |
| Trade debts | 44 | €197,199 | €265,963 | +€68,764 | +34.9% |
| Suppliers | 440/4 | €197,199 | €265,963 | +€68,764 | +34.9% |
| Taxes, remuneration and social security | 45 | €25,301 | €12,579 | -€12,723 | -50.3% |
| Taxes | 450/3 | €18,449 | €12,579 | -€5,870 | -31.8% |
| Remuneration and social security | 454/9 | €6,852 | - | -€6,852 | |
| Other amounts payable | 47/48 | - | €880,000 | +€880,000 | |
| Accrued charges and deferred income | 492/3 | €1,470 | - | -€1,470 | |
| Remuneration, social security and pensions | 62 | €96,100 | €68,515 | -€27,585 | -28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,622 | €12,771 | -€851 | -6.2% |
| Other operating charges | 640/8 | €3,615 | €20,569 | +€16,954 | +469.0% |
| Non-recurring operating charges | 66A | €12,823 | - | -€12,823 | |
| Gross operating margin | 9900 | €289,061 | -€139,552 | -€428,613 | |
| Operating profit (loss) | 9901 | €162,901 | -€241,408 | -€404,308 | |
| Financial income | 75/76B | €43,484 | €12,201 | -€31,283 | -71.9% |
| Recurring financial income | 75 | €43,484 | €12,201 | -€31,283 | -71.9% |
| Financial charges | 65/66B | €151,379 | €84,506 | -€66,872 | -44.2% |
| Recurring financial charges | 65 | €151,379 | €84,506 | -€66,872 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €55,006 | -€313,713 | -€368,719 | |
| Income taxes | 67/77 | €13,577 | €218 | -€13,360 | -98.4% |
| Profit (loss) for the period | 9904 | €41,428 | -€313,931 | -€355,359 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,428 | -€313,931 | -€355,359 |
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 7 October 2026 via checked.be.