BASTIMO: 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.
BASTIMO
Largest movements
- Stocks and contracts -€766,002
down €766,002 (-16.9%), from €4.5m to €3.8m
of which Contracts in progress: -€414,621
- Tangible fixed assets -€464,878
down €464,878 (-4.3%), from €10.8m to €10.3m
of which Land and buildings: -€483,610
- Receivables within one year -€325,211
down €325,211 (-48.6%), from €669,357 to €344,145
of which Other amounts receivable: -€323,921
- Debts after one year -€646,780
down €646,780 (-6.4%), from €10.0m to €9.4m
of which Financial debts: -€646,780
- Other debts -€509,792
down €509,792 (-21.0%), from €2.4m to €1.9m
- Tax, wage and social debts -€264,566
down €264,566 (-72.4%), from €365,407 to €100,841
of which Taxes: -€267,066
- Trade debts -€163,099
down €163,099 (-42.4%), from €385,109 to €222,010
- Gross operating margin +€180,847
up €180,847 (+21.1%), from €857,106 to €1.0m
- Financial charges +€109,627
up €109,627 (+38.3%), from €286,469 to €396,097
- Financial income +€62,507
up €62,507 (+125%), from €50,003 to €112,510
- Depreciation +€35,998
up €35,998 (+8.0%), from €448,326 to €484,324
- Taxes +€24,887
up €24,887 (+2,455%), from €1,014 to €25,901
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 | €16,178,922 | €14,720,877 | -€1.5m | -9.0% |
| Fixed assets | 21/28 | €10,791,232 | €10,326,355 | -€464,878 | -4.3% |
| Tangible fixed assets | 22/27 | €10,791,232 | €10,326,355 | -€464,878 | -4.3% |
| Land and buildings | 22 | €10,791,232 | €10,307,622 | -€483,610 | -4.5% |
| Furniture and vehicles | 24 | - | €18,732 | +€18,732 | |
| Current assets | 29/58 | €5,387,690 | €4,394,522 | -€993,167 | -18.4% |
| Stocks and contracts in progress | 3 | €4,521,132 | €3,755,131 | -€766,002 | -16.9% |
| Stocks | 30/36 | €3,942,647 | €3,591,266 | -€351,381 | -8.9% |
| Contracts in progress | 37 | €578,486 | €163,865 | -€414,621 | -71.7% |
| Amounts receivable within one year | 40/41 | €669,357 | €344,145 | -€325,211 | -48.6% |
| Trade receivables | 40 | €139,239 | €137,949 | -€1,290 | -0.9% |
| Other amounts receivable | 41 | €530,117 | €206,196 | -€323,921 | -61.1% |
| Cash at bank and in hand | 54/58 | €90,397 | €194,679 | +€104,281 | +115% |
| Deferred charges and accrued income | 490/1 | €106,804 | €100,568 | -€6,236 | -5.8% |
| Total equity and liabilities | 10/49 | €16,178,922 | €14,720,877 | -€1.5m | -9.0% |
| Equity | 10/15 | €2,236,867 | €2,289,895 | +€53,028 | +2.4% |
| Contributions | 10/11 | €134,071 | €134,071 | = | 0.0% |
| Capital | 10 | €134,071 | €134,071 | = | 0.0% |
| Issued capital | 100 | €134,071 | €134,071 | = | 0.0% |
| Reserves | 13 | €2,102,795 | €2,155,824 | +€53,028 | +2.5% |
| Non-distributable reserves | 130/1 | €13,407 | €13,407 | = | 0.0% |
| Legal reserve | 130 | €13,407 | €13,407 | = | 0.0% |
| Distributable reserves | 133 | €2,089,388 | €2,142,417 | +€53,028 | +2.5% |
| Amounts payable | 17/49 | €13,942,055 | €12,430,982 | -€1.5m | -10.8% |
| Amounts payable after more than one year | 17 | €10,048,424 | €9,401,644 | -€646,780 | -6.4% |
| Financial debts | 170/4 | €9,697,749 | €9,050,969 | -€646,780 | -6.7% |
| Other amounts payable | 178/9 | €350,675 | €350,675 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,774,085 | €2,917,719 | -€856,366 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €599,995 | €681,086 | +€81,091 | +13.5% |
| Trade debts | 44 | €385,109 | €222,010 | -€163,099 | -42.4% |
| Suppliers | 440/4 | €385,109 | €222,010 | -€163,099 | -42.4% |
| Taxes, remuneration and social security | 45 | €365,407 | €100,841 | -€264,566 | -72.4% |
| Taxes | 450/3 | €365,407 | €98,341 | -€267,066 | -73.1% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €2,423,574 | €1,913,782 | -€509,792 | -21.0% |
| Accrued charges and deferred income | 492/3 | €119,547 | €111,619 | -€7,928 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €448,326 | €484,324 | +€35,998 | +8.0% |
| Other operating charges | 640/8 | €185,341 | €191,113 | +€5,772 | +3.1% |
| Gross operating margin | 9900 | €857,106 | €1,037,953 | +€180,847 | +21.1% |
| Operating profit (loss) | 9901 | €223,439 | €362,516 | +€139,077 | +62.2% |
| Financial income | 75/76B | €50,003 | €112,510 | +€62,507 | +125% |
| Recurring financial income | 75 | €50,003 | €112,510 | +€62,507 | +125% |
| Financial charges | 65/66B | €286,469 | €396,097 | +€109,627 | +38.3% |
| Recurring financial charges | 65 | €286,469 | €396,097 | +€109,627 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,027 | €78,929 | +€91,956 | |
| Income taxes | 67/77 | €1,014 | €25,901 | +€24,887 | +2,455% |
| Profit (loss) for the period | 9904 | -€14,040 | €53,028 | +€67,069 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,040 | €53,028 | +€67,069 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.