BASTIN FABIAN: what changed
BASTIN FABIAN
Largest movements
- Tangible fixed assets +€90,721
up €90,721 (+51.5%), from €176,016 to €266,737
of which Furniture and vehicles: +€107,907
- Cash +€89,333
up €89,333 (+599%), from €14,920 to €104,252
mainly Depreciation (+€106,110) and Debts after one year (+€62,849)
- Current investments -€37,489
down €37,489 (-41.6%), from €90,028 to €52,539
- Receivables within one year +€37,255
up €37,255 (+54.9%), from €67,845 to €105,100
of which Trade receivables: +€40,138
- Stocks and contracts -€6,629
down €6,629 (-23.4%), from €28,330 to €21,701
of which Contracts in progress: -€9,414
- Debts after one year +€62,849
up €62,849 (+42.2%), from €148,783 to €211,632
of which Financial debts: +€62,849
- Reserves +€45,000
up €45,000 (+75.0%), from €60,000 to €105,000
- Trade debts +€34,969
up €34,969 (+98.1%), from €35,638 to €70,607
- Current portion of long-term debt +€21,014
up €21,014 (+38.8%), from €54,152 to €75,166
- Tax, wage and social debts +€7,550
up €7,550 (+32.3%), from €23,374 to €30,924
of which Remuneration and social security: +€5,390
- Gross operating margin +€146,857
up €146,857 (+48.3%), from €303,743 to €450,600
- Staff costs +€96,855
up €96,855 (+54.8%), from €176,750 to €273,605
- Depreciation +€25,233
up €25,233 (+31.2%), from €80,876 to €106,110
- Taxes +€5,544
up €5,544 (+64.7%), from €8,569 to €14,112
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 | €379,193 | €552,971 | +€173,778 | +45.8% |
| Fixed assets | 21/28 | €176,253 | €266,973 | +€90,721 | +51.5% |
| Tangible fixed assets | 22/27 | €176,016 | €266,737 | +€90,721 | +51.5% |
| Plant, machinery and equipment | 23 | €126,976 | €132,114 | +€5,138 | +4.0% |
| Furniture and vehicles | 24 | €7,920 | €115,827 | +€107,907 | +1,362% |
| Leasing and similar rights | 25 | €40,610 | €18,342 | -€22,268 | -54.8% |
| Other tangible fixed assets | 26 | €510 | €454 | -€57 | -11.1% |
| Financial fixed assets | 28 | €236 | €236 | = | 0.0% |
| Current assets | 29/58 | €202,940 | €285,998 | +€83,057 | +40.9% |
| Stocks and contracts in progress | 3 | €28,330 | €21,701 | -€6,629 | -23.4% |
| Stocks | 30/36 | €1,045 | €3,830 | +€2,785 | +267% |
| Contracts in progress | 37 | €27,285 | €17,871 | -€9,414 | -34.5% |
| Amounts receivable within one year | 40/41 | €67,845 | €105,100 | +€37,255 | +54.9% |
| Trade receivables | 40 | €55,062 | €95,199 | +€40,138 | +72.9% |
| Other amounts receivable | 41 | €12,783 | €9,900 | -€2,883 | -22.6% |
| Current investments | 50/53 | €90,028 | €52,539 | -€37,489 | -41.6% |
| Cash at bank and in hand | 54/58 | €14,920 | €104,252 | +€89,333 | +599% |
| Deferred charges and accrued income | 490/1 | €1,818 | €2,405 | +€587 | +32.3% |
| Total equity and liabilities | 10/49 | €379,193 | €552,971 | +€173,778 | +45.8% |
| Equity | 10/15 | €90,439 | €137,711 | +€47,272 | +52.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €60,000 | €105,000 | +€45,000 | +75.0% |
| Distributable reserves | 133 | €60,000 | €105,000 | +€45,000 | +75.0% |
| Profit (loss) carried forward | 14 | €10,439 | €12,711 | +€2,272 | +21.8% |
| Amounts payable | 17/49 | €288,754 | €415,260 | +€126,505 | +43.8% |
| Amounts payable after more than one year | 17 | €148,783 | €211,632 | +€62,849 | +42.2% |
| Financial debts | 170/4 | €68,783 | €131,632 | +€62,849 | +91.4% |
| Other amounts payable | 178/9 | €80,000 | €80,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €139,713 | €203,202 | +€63,489 | +45.4% |
| Current portion of amounts payable after more than one year | 42 | €54,152 | €75,166 | +€21,014 | +38.8% |
| Trade debts | 44 | €35,638 | €70,607 | +€34,969 | +98.1% |
| Suppliers | 440/4 | €35,638 | €70,607 | +€34,969 | +98.1% |
| Taxes, remuneration and social security | 45 | €23,374 | €30,924 | +€7,550 | +32.3% |
| Taxes | 450/3 | €13,662 | €15,821 | +€2,159 | +15.8% |
| Remuneration and social security | 454/9 | €9,712 | €15,103 | +€5,390 | +55.5% |
| Other amounts payable | 47/48 | €26,549 | €26,506 | -€44 | -0.2% |
| Accrued charges and deferred income | 492/3 | €258 | €426 | +€168 | +65.0% |
| Remuneration, social security and pensions | 62 | €176,750 | €273,605 | +€96,855 | +54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,876 | €106,110 | +€25,233 | +31.2% |
| Other operating charges | 640/8 | €1,142 | €2,736 | +€1,595 | +140% |
| Gross operating margin | 9900 | €303,743 | €450,600 | +€146,857 | +48.3% |
| Operating profit (loss) | 9901 | €44,975 | €68,149 | +€23,174 | +51.5% |
| Financial income | 75/76B | €291 | €878 | +€587 | +202% |
| Recurring financial income | 75 | €291 | €878 | +€587 | +202% |
| Financial charges | 65/66B | €4,983 | €7,642 | +€2,659 | +53.4% |
| Recurring financial charges | 65 | €4,983 | €7,642 | +€2,659 | +53.4% |
| Profit (loss) for the period before taxes | 9903 | €40,282 | €61,385 | +€21,103 | +52.4% |
| Income taxes | 67/77 | €8,569 | €14,112 | +€5,544 | +64.7% |
| Profit (loss) for the period | 9904 | €31,714 | €47,272 | +€15,559 | +49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,714 | €47,272 | +€15,559 | +49.1% |
Next steps
Calculation and sources
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 6 November 2026 via checked.be.