BASTIEN GROUP: 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.
BASTIEN GROUP
Largest movements
- Tangible fixed assets -€99,947
down €99,947 (-9.5%), from €1.0m to €947,465
of which Land and buildings: -€57,170
- Cash +€32,231
up €32,231 (+93.7%), from €34,400 to €66,631
mainly Depreciation (+€104,767) and Receivables within one year (+€16,589)
- Stocks and contracts +€21,487
up €21,487 (+5.9%), from €365,182 to €386,669
- Receivables within one year -€16,589
down €16,589 (-12.4%), from €133,538 to €116,950
of which Other amounts receivable: -€48,046
- Debts after one year -€65,561
down €65,561 (-7.6%), from €860,854 to €795,294
- Staff costs +€39,208
up €39,208 (+21.8%), from €180,101 to €219,309
- Gross operating margin +€17,916
up €17,916 (+5.1%), from €348,103 to €366,019
- Depreciation +€15,224
up €15,224 (+17.0%), from €89,543 to €104,767
- Financial income +€5,740
up €5,740 (+102.1%), from €5,619 to €11,359
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 | €1,596,595 | €1,533,031 | -€63,565 | -4.0% |
| Fixed assets | 21/28 | €1,056,607 | €954,840 | -€101,767 | -9.6% |
| Intangible fixed assets | 21 | €7,275 | €5,455 | -€1,820 | -25.0% |
| Tangible fixed assets | 22/27 | €1,047,412 | €947,465 | -€99,947 | -9.5% |
| Land and buildings | 22 | €880,555 | €823,385 | -€57,170 | -6.5% |
| Plant, machinery and equipment | 23 | €23,868 | €11,365 | -€12,503 | -52.4% |
| Furniture and vehicles | 24 | €18,463 | €15,513 | -€2,950 | -16.0% |
| Leasing and similar rights | 25 | €124,526 | €97,202 | -€27,324 | -21.9% |
| Financial fixed assets | 28 | €1,920 | €1,920 | = | 0.0% |
| Current assets | 29/58 | €539,988 | €578,191 | +€38,202 | +7.1% |
| Stocks and contracts in progress | 3 | €365,182 | €386,669 | +€21,487 | +5.9% |
| Stocks | 30/36 | €365,182 | €386,669 | +€21,487 | +5.9% |
| Amounts receivable within one year | 40/41 | €133,538 | €116,950 | -€16,589 | -12.4% |
| Trade receivables | 40 | €70,371 | €101,827 | +€31,457 | +44.7% |
| Other amounts receivable | 41 | €63,168 | €15,122 | -€48,046 | -76.1% |
| Cash at bank and in hand | 54/58 | €34,400 | €66,631 | +€32,231 | +93.7% |
| Deferred charges and accrued income | 490/1 | €6,868 | €7,941 | +€1,073 | +15.6% |
| Total equity and liabilities | 10/49 | €1,596,595 | €1,533,031 | -€63,565 | -4.0% |
| Equity | 10/15 | €554,063 | €556,499 | +€2,436 | +0.4% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €28,761 | €28,761 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,075 | €16,075 | = | 0.0% |
| Distributable reserves | 133 | €12,686 | €12,686 | = | 0.0% |
| Profit (loss) carried forward | 14 | €461,555 | €467,880 | +€6,326 | +1.4% |
| Investment grants | 15 | €44,997 | €41,107 | -€3,889 | -8.6% |
| Amounts payable | 17/49 | €1,042,532 | €976,531 | -€66,001 | -6.3% |
| Amounts payable after more than one year | 17 | €860,854 | €795,294 | -€65,561 | -7.6% |
| Financial debts | 170/4 | €860,854 | €795,294 | -€65,561 | -7.6% |
| Amounts payable within one year | 42/48 | €181,678 | €181,238 | -€440 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €75,915 | €65,561 | -€10,354 | -13.6% |
| Trade debts | 44 | €67,369 | €69,119 | +€1,750 | +2.6% |
| Suppliers | 440/4 | €67,369 | €69,119 | +€1,750 | +2.6% |
| Taxes, remuneration and social security | 45 | €33,270 | €42,390 | +€9,121 | +27.4% |
| Taxes | 450/3 | €14,630 | €20,247 | +€5,617 | +38.4% |
| Remuneration and social security | 454/9 | €18,640 | €22,143 | +€3,503 | +18.8% |
| Other amounts payable | 47/48 | €5,124 | €4,168 | -€956 | -18.7% |
| Remuneration, social security and pensions | 62 | €180,101 | €219,309 | +€39,208 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,543 | €104,767 | +€15,224 | +17.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,640 | €2,994 | -€1,646 | -35.5% |
| Other operating charges | 640/8 | €6,181 | €6,910 | +€730 | +11.8% |
| Gross operating margin | 9900 | €348,103 | €366,019 | +€17,916 | +5.1% |
| Operating profit (loss) | 9901 | €67,639 | €32,038 | -€35,601 | -52.6% |
| Financial income | 75/76B | €5,619 | €11,359 | +€5,740 | +102.1% |
| Recurring financial income | 75 | €5,619 | €11,359 | +€5,740 | +102.1% |
| Financial charges | 65/66B | €32,973 | €34,694 | +€1,721 | +5.2% |
| Recurring financial charges | 65 | €32,973 | €34,694 | +€1,721 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €40,285 | €8,703 | -€31,582 | -78.4% |
| Income taxes | 67/77 | €1,832 | €2,378 | +€546 | +29.8% |
| Profit (loss) for the period | 9904 | €38,453 | €6,326 | -€32,127 | -83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,453 | €6,326 | -€32,127 | -83.5% |
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 12 October 2026 via checked.be.