BASTIELEC: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
BASTIELEC
Largest movements
- Receivables within one year -€72,281
down €72,281 (-58.8%), from €122,841 to €50,560
of which Trade receivables: -€97,777
- Tangible fixed assets +€58,681
up €58,681 (+72.5%), from €80,904 to €139,586
of which Furniture and vehicles: +€63,510
- Cash -€52,376
down €52,376 (-31.2%), from €167,747 to €115,371
mainly Investment in fixed assets (net) (-€79,495) and Trade debts (-€64,408)
- Stocks and contracts +€4,429
up €4,429 (+21.0%), from €21,076 to €25,506
- Trade debts -€64,408
down €64,408 (-81.4%), from €79,084 to €14,676
- Tax, wage and social debts -€25,644
down €25,644 (-61.3%), from €41,804 to €16,160
of which Taxes: -€22,574
- Reserves +€15,704
up €15,704 (+10.9%), from €143,669 to €159,373
- Debts after one year +€13,326
up €13,326 (+111%), from €11,963 to €25,290
- Gross operating margin -€41,562
down €41,562 (-30.7%), from €135,505 to €93,943
- Taxes -€14,524
down €14,524 (-45.6%), from €31,872 to €17,349
- Other operating charges -€7,930
down €7,930 (-80.4%), from €9,859 to €1,929
- Depreciation +€6,136
up €6,136 (+41.8%), from €14,678 to €20,814
- Staff costs +€4,631
up €4,631 (+42.7%), from €10,849 to €15,480
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €395,487 | €335,216 | -€60,271 | -15.2% |
| Fixed assets | 21/28 | €81,065 | €139,746 | +€58,681 | +72.4% |
| Tangible fixed assets | 22/27 | €80,904 | €139,586 | +€58,681 | +72.5% |
| Land and buildings | 22 | €38,065 | €34,572 | -€3,493 | -9.2% |
| Plant, machinery and equipment | 23 | €4,907 | €3,571 | -€1,336 | -27.2% |
| Furniture and vehicles | 24 | €37,933 | €101,442 | +€63,510 | +167% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €314,422 | €195,470 | -€118,952 | -37.8% |
| Stocks and contracts in progress | 3 | €21,076 | €25,506 | +€4,429 | +21.0% |
| Stocks | 30/36 | €21,076 | €25,506 | +€4,429 | +21.0% |
| Amounts receivable within one year | 40/41 | €122,841 | €50,560 | -€72,281 | -58.8% |
| Trade receivables | 40 | €122,763 | €24,985 | -€97,777 | -79.6% |
| Other amounts receivable | 41 | €79 | €25,575 | +€25,496 | +32,384% |
| Cash at bank and in hand | 54/58 | €167,747 | €115,371 | -€52,376 | -31.2% |
| Deferred charges and accrued income | 490/1 | €2,758 | €4,033 | +€1,276 | +46.3% |
| Total equity and liabilities | 10/49 | €395,487 | €335,216 | -€60,271 | -15.2% |
| Equity | 10/15 | €255,310 | €271,014 | +€15,704 | +6.2% |
| Contributions | 10/11 | €19,100 | €19,100 | = | 0.0% |
| Reserves | 13 | €143,669 | €159,373 | +€15,704 | +10.9% |
| Distributable reserves | 133 | €143,669 | €159,373 | +€15,704 | +10.9% |
| Profit (loss) carried forward | 14 | €92,541 | €92,541 | = | 0.0% |
| Amounts payable | 17/49 | €140,177 | €64,201 | -€75,976 | -54.2% |
| Amounts payable after more than one year | 17 | €11,963 | €25,290 | +€13,326 | +111% |
| Financial debts | 170/4 | €11,963 | €25,290 | +€13,326 | +111% |
| Amounts payable within one year | 42/48 | €128,213 | €38,911 | -€89,302 | -69.7% |
| Current portion of amounts payable after more than one year | 42 | €6,654 | €7,430 | +€777 | +11.7% |
| Trade debts | 44 | €79,084 | €14,676 | -€64,408 | -81.4% |
| Suppliers | 440/4 | €79,084 | €14,676 | -€64,408 | -81.4% |
| Taxes, remuneration and social security | 45 | €41,804 | €16,160 | -€25,644 | -61.3% |
| Taxes | 450/3 | €26,213 | €3,639 | -€22,574 | -86.1% |
| Remuneration and social security | 454/9 | €15,591 | €12,522 | -€3,069 | -19.7% |
| Other amounts payable | 47/48 | €671 | €644 | -€27 | -4.0% |
| Remuneration, social security and pensions | 62 | €10,849 | €15,480 | +€4,631 | +42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,678 | €20,814 | +€6,136 | +41.8% |
| Other operating charges | 640/8 | €9,859 | €1,929 | -€7,930 | -80.4% |
| Gross operating margin | 9900 | €135,505 | €93,943 | -€41,562 | -30.7% |
| Operating profit (loss) | 9901 | €100,118 | €55,719 | -€44,399 | -44.3% |
| Financial income | 75/76B | €1,529 | €327 | -€1,202 | -78.6% |
| Recurring financial income | 75 | €1,529 | €327 | -€1,202 | -78.6% |
| Financial charges | 65/66B | €635 | €4,493 | +€3,858 | +608% |
| Recurring financial charges | 65 | €635 | €4,493 | +€3,858 | +608% |
| Profit (loss) for the period before taxes | 9903 | €101,013 | €51,553 | -€49,460 | -49.0% |
| Income taxes | 67/77 | €31,872 | €17,349 | -€14,524 | -45.6% |
| Profit (loss) for the period | 9904 | €69,141 | €34,204 | -€34,936 | -50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €69,141 | €34,204 | -€34,936 | -50.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.