Bastin Law: 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.
Bastin Law
Largest movements
- Tangible fixed assets +€35,011
up €35,011 (+4,521%), from €774 to €35,785
of which Furniture and vehicles: +€35,369
- Receivables within one year +€13,936
up €13,936 (+251%), from €5,550 to €19,486
of which Other amounts receivable: +€19,486
- Cash +€8,949
up €8,949 (+9.7%), from €92,498 to €101,447
mainly Net result for the year (+€58,658) and Depreciation (+€2,095)
- Profit (loss) carried forward +€58,658
up €58,658 (+72.7%), from €80,639 to €139,297
- Gross operating margin +€17,315
up €17,315 (+29.2%), from €59,245 to €76,560
- Taxes +€2,988
up €2,988 (+23.6%), from €12,659 to €15,647
- Depreciation +€1,796
up €1,796 (+600%), from €299 to €2,095
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 | €98,823 | €156,719 | +€57,896 | +58.6% |
| Fixed assets | 21/28 | €774 | €35,785 | +€35,011 | +4,521% |
| Tangible fixed assets | 22/27 | €774 | €35,785 | +€35,011 | +4,521% |
| Plant, machinery and equipment | 23 | €774 | €417 | -€358 | -46.2% |
| Furniture and vehicles | 24 | - | €35,369 | +€35,369 | |
| Current assets | 29/58 | €98,048 | €120,933 | +€22,885 | +23.3% |
| Amounts receivable within one year | 40/41 | €5,550 | €19,486 | +€13,936 | +251% |
| Trade receivables | 40 | €5,550 | - | -€5,550 | |
| Other amounts receivable | 41 | - | €19,486 | +€19,486 | |
| Cash at bank and in hand | 54/58 | €92,498 | €101,447 | +€8,949 | +9.7% |
| Total equity and liabilities | 10/49 | €98,823 | €156,719 | +€57,896 | +58.6% |
| Equity | 10/15 | €83,139 | €141,797 | +€58,658 | +70.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,639 | €139,297 | +€58,658 | +72.7% |
| Amounts payable | 17/49 | €15,683 | €14,922 | -€762 | -4.9% |
| Amounts payable within one year | 42/48 | €15,683 | €14,922 | -€762 | -4.9% |
| Trade debts | 44 | €673 | €899 | +€227 | +33.7% |
| Suppliers | 440/4 | €673 | €899 | +€227 | +33.7% |
| Taxes, remuneration and social security | 45 | €14,018 | €14,022 | +€4 | 0.0% |
| Taxes | 450/3 | €14,018 | €14,022 | +€4 | 0.0% |
| Other amounts payable | 47/48 | €992 | - | -€992 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €299 | €2,095 | +€1,796 | +600% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €59,245 | €76,560 | +€17,315 | +29.2% |
| Operating profit (loss) | 9901 | €58,828 | €74,346 | +€15,518 | +26.4% |
| Financial charges | 65/66B | €214 | €41 | -€173 | -80.9% |
| Recurring financial charges | 65 | €214 | €41 | -€173 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | €58,614 | €74,305 | +€15,691 | +26.8% |
| Income taxes | 67/77 | €12,659 | €15,647 | +€2,988 | +23.6% |
| Profit (loss) for the period | 9904 | €45,955 | €58,658 | +€12,703 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,955 | €58,658 | +€12,703 | +27.6% |
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 28 October 2026 via checked.be.