Bavab: what changed
Two fiscal 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.
Bavab
Largest movements
- Tangible fixed assets -€12,065
down €12,065 (-8.1%), from €148,808 to €136,743
of which Other tangible fixed assets: -€11,164
- Debts after one year -€9,889
down €9,889 (-7.2%), from €136,743 to €126,854
- Trade debts -€2,621
no longer reported in 2025 (was €2,621)
- Gross operating margin -€1,987
down €1,987 (-11.8%), from €16,866 to €14,878
- Depreciation -€242
down €242 (-2.0%), from €12,307 to €12,065
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 | €155,567 | €142,105 | -€13,463 | -8.7% |
| Fixed assets | 21/28 | €148,808 | €136,743 | -€12,065 | -8.1% |
| Tangible fixed assets | 22/27 | €148,808 | €136,743 | -€12,065 | -8.1% |
| Furniture and vehicles | 24 | €2,860 | €1,959 | -€901 | -31.5% |
| Other tangible fixed assets | 26 | €145,948 | €134,784 | -€11,164 | -7.6% |
| Current assets | 29/58 | €6,760 | €5,362 | -€1,398 | -20.7% |
| Stocks and contracts in progress | 3 | €1,620 | €1,003 | -€618 | -38.1% |
| Stocks | 30/36 | €1,620 | €1,003 | -€618 | -38.1% |
| Amounts receivable within one year | 40/41 | €181 | - | -€181 | |
| Trade receivables | 40 | €181 | - | -€181 | |
| Cash at bank and in hand | 54/58 | €4,368 | €3,769 | -€599 | -13.7% |
| Deferred charges and accrued income | 490/1 | €591 | €590 | -€1 | -0.1% |
| Total equity and liabilities | 10/49 | €155,567 | €142,105 | -€13,463 | -8.7% |
| Equity | 10/15 | €4,106 | €4,133 | +€26 | +0.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,894 | -€5,867 | +€26 | +0.4% |
| Amounts payable | 17/49 | €151,461 | €137,972 | -€13,489 | -8.9% |
| Amounts payable after more than one year | 17 | €136,743 | €126,854 | -€9,889 | -7.2% |
| Financial debts | 170/4 | €136,743 | €126,854 | -€9,889 | -7.2% |
| Amounts payable within one year | 42/48 | €14,718 | €11,118 | -€3,600 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €9,733 | €9,889 | +€157 | +1.6% |
| Trade debts | 44 | €2,621 | - | -€2,621 | |
| Suppliers | 440/4 | €2,621 | - | -€2,621 | |
| Taxes, remuneration and social security | 45 | €734 | €737 | +€3 | +0.4% |
| Taxes | 450/3 | €734 | €737 | +€3 | +0.4% |
| Other amounts payable | 47/48 | €1,631 | €492 | -€1,138 | -69.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,307 | €12,065 | -€242 | -2.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €16,866 | €14,878 | -€1,987 | -11.8% |
| Operating profit (loss) | 9901 | €4,174 | €2,427 | -€1,748 | -41.9% |
| Financial charges | 65/66B | €2,564 | €2,400 | -€164 | -6.4% |
| Recurring financial charges | 65 | €2,564 | €2,400 | -€164 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €1,610 | €26 | -€1,584 | -98.4% |
| Profit (loss) for the period | 9904 | €1,610 | €26 | -€1,584 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,610 | €26 | -€1,584 | -98.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.