LOCATION BABETTE: 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.
LOCATION BABETTE
Largest movements
- Tangible fixed assets +€136,657
up €136,657 (+129%), from €106,330 to €242,987
of which Plant, machinery and equipment: +€88,129
- Cash -€49,371
down €49,371 (-29.1%), from €169,431 to €120,061
mainly Investment in fixed assets (net) (-€183,374) and Tax, wage and social debts (-€15,380)
- Intangible fixed assets -€14,213
down €14,213 (-16.7%), from €85,275 to €71,063
- Receivables within one year +€8,387
up €8,387 (+43.0%), from €19,500 to €27,886
of which Trade receivables: +€6,910
- Trade debts +€76,435
up €76,435 (+3,962%), from €1,929 to €78,364
- Profit (loss) carried forward +€28,950
up €28,950 (+18.0%), from €161,011 to €189,961
- Tax, wage and social debts -€15,380
down €15,380 (-84.1%), from €18,291 to €2,911
of which Taxes: -€12,750
- Debts after one year -€8,433
down €8,433 (-45.9%), from €18,367 to €9,934
- Gross operating margin -€26,804
down €26,804 (-18.8%), from €142,267 to €115,463
- Depreciation +€19,704
up €19,704 (+47.6%), from €41,403 to €61,107
- Staff costs -€9,496
down €9,496 (-38.5%), from €24,683 to €15,187
- Taxes -€6,266
down €6,266 (-41.8%), from €14,991 to €8,725
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 | €383,307 | €465,137 | +€81,830 | +21.3% |
| Formation expenses | 20 | €1,049 | €871 | -€178 | -17.0% |
| Fixed assets | 21/28 | €191,875 | €314,319 | +€122,445 | +63.8% |
| Intangible fixed assets | 21 | €85,275 | €71,063 | -€14,213 | -16.7% |
| Tangible fixed assets | 22/27 | €106,330 | €242,987 | +€136,657 | +129% |
| Plant, machinery and equipment | 23 | €57,924 | €146,054 | +€88,129 | +152% |
| Furniture and vehicles | 24 | €48,405 | €92,918 | +€44,513 | +92.0% |
| Other tangible fixed assets | 26 | - | €4,015 | +€4,015 | |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €190,383 | €149,946 | -€40,437 | -21.2% |
| Amounts receivable within one year | 40/41 | €19,500 | €27,886 | +€8,387 | +43.0% |
| Trade receivables | 40 | €6,491 | €13,400 | +€6,910 | +106% |
| Other amounts receivable | 41 | €13,009 | €14,486 | +€1,477 | +11.4% |
| Cash at bank and in hand | 54/58 | €169,431 | €120,061 | -€49,371 | -29.1% |
| Deferred charges and accrued income | 490/1 | €1,452 | €1,999 | +€547 | +37.7% |
| Total equity and liabilities | 10/49 | €383,307 | €465,137 | +€81,830 | +21.3% |
| Equity | 10/15 | €171,011 | €199,961 | +€28,950 | +16.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,011 | €189,961 | +€28,950 | +18.0% |
| Amounts payable | 17/49 | €212,295 | €265,175 | +€52,880 | +24.9% |
| Amounts payable after more than one year | 17 | €18,367 | €9,934 | -€8,433 | -45.9% |
| Financial debts | 170/4 | €18,367 | €9,934 | -€8,433 | -45.9% |
| Amounts payable within one year | 42/48 | €193,928 | €255,234 | +€61,306 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | €8,340 | €8,416 | +€75 | +0.9% |
| Trade debts | 44 | €1,929 | €78,364 | +€76,435 | +3,962% |
| Suppliers | 440/4 | €1,929 | €78,364 | +€76,435 | +3,962% |
| Taxes, remuneration and social security | 45 | €18,291 | €2,911 | -€15,380 | -84.1% |
| Taxes | 450/3 | €12,750 | €0 | -€12,750 | -100% |
| Remuneration and social security | 454/9 | €5,541 | €2,911 | -€2,630 | -47.5% |
| Other amounts payable | 47/48 | €165,368 | €165,544 | +€176 | +0.1% |
| Accrued charges and deferred income | 492/3 | - | €6 | +€6 | |
| Remuneration, social security and pensions | 62 | €24,683 | €15,187 | -€9,496 | -38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,403 | €61,107 | +€19,704 | +47.6% |
| Other operating charges | 640/8 | €1,211 | €1,232 | +€21 | +1.7% |
| Gross operating margin | 9900 | €142,267 | €115,463 | -€26,804 | -18.8% |
| Operating profit (loss) | 9901 | €74,970 | €37,937 | -€37,033 | -49.4% |
| Financial income | 75/76B | - | €37 | +€37 | |
| Recurring financial income | 75 | - | €37 | +€37 | |
| Financial charges | 65/66B | €364 | €299 | -€65 | -17.9% |
| Recurring financial charges | 65 | €364 | €299 | -€65 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €74,606 | €37,676 | -€36,931 | -49.5% |
| Income taxes | 67/77 | €14,991 | €8,725 | -€6,266 | -41.8% |
| Profit (loss) for the period | 9904 | €59,615 | €28,950 | -€30,665 | -51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €59,615 | €28,950 | -€30,665 | -51.4% |
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 24 October 2026 via checked.be.