M. BASTA: 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.
M. BASTA
Largest movements
- Stocks and contracts +€9,957
up €9,957 (+64.8%), from €15,370 to €25,327
- Tangible fixed assets -€8,322
down €8,322 (-36.0%), from €23,113 to €14,790
of which Furniture and vehicles: -€7,603
- Receivables within one year -€6,326
down €6,326 (-92.9%), from €6,809 to €483
- Cash -€3,800
down €3,800 (-69.9%), from €5,437 to €1,637
mainly Net result for the year (-€28,280) and Debts after one year (-€11,455)
- Current portion of long-term debt +€29,359
up €29,359 (+132.9%), from €22,096 to €51,455
- Profit (loss) carried forward -€28,280
down €28,280 (-72.5%), from -€39,024 to -€67,304
- Debts after one year -€11,455
down €11,455 (-42.0%), from €27,269 to €15,813
- Other debts +€3,267
up €3,267 (+219.3%), from €1,490 to €4,757
- Tax, wage and social debts -€2,730
down €2,730 (-18.2%), from €15,010 to €12,280
of which Remuneration and social security: -€2,325
- Gross operating margin -€44,654
down €44,654 (-64.2%), from €69,526 to €24,872
- Financial charges -€2,782
down €2,782 (-42.1%), from €6,605 to €3,823
- Other operating charges -€1,352
down €1,352 (-35.7%), from €3,788 to €2,436
- Staff costs +€1,297
up €1,297 (+3.3%), from €39,428 to €40,725
- Financial income +€1,231
up €1,231 (+82047.3%), from €2 to €1,232
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 | €51,229 | €42,738 | -€8,491 | -16.6% |
| Fixed assets | 21/28 | €23,613 | €15,290 | -€8,322 | -35.2% |
| Tangible fixed assets | 22/27 | €23,113 | €14,790 | -€8,322 | -36.0% |
| Plant, machinery and equipment | 23 | €3,841 | €3,122 | -€719 | -18.7% |
| Furniture and vehicles | 24 | €19,271 | €11,668 | -€7,603 | -39.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €27,616 | €27,447 | -€169 | -0.6% |
| Stocks and contracts in progress | 3 | €15,370 | €25,327 | +€9,957 | +64.8% |
| Stocks | 30/36 | €15,370 | €25,327 | +€9,957 | +64.8% |
| Amounts receivable within one year | 40/41 | €6,809 | €483 | -€6,326 | -92.9% |
| Trade receivables | 40 | €6,809 | €483 | -€6,326 | -92.9% |
| Cash at bank and in hand | 54/58 | €5,437 | €1,637 | -€3,800 | -69.9% |
| Total equity and liabilities | 10/49 | €51,229 | €42,738 | -€8,491 | -16.6% |
| Equity | 10/15 | -€19,024 | -€47,304 | -€28,280 | -148.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,024 | -€67,304 | -€28,280 | -72.5% |
| Amounts payable | 17/49 | €70,253 | €90,041 | +€19,789 | +28.2% |
| Amounts payable after more than one year | 17 | €27,269 | €15,813 | -€11,455 | -42.0% |
| Financial debts | 170/4 | €27,269 | €15,813 | -€11,455 | -42.0% |
| Amounts payable within one year | 42/48 | €41,868 | €74,228 | +€32,360 | +77.3% |
| Current portion of amounts payable after more than one year | 42 | €22,096 | €51,455 | +€29,359 | +132.9% |
| Financial debts | 43 | €92 | - | -€92 | |
| Credit institutions | 430/8 | €92 | - | -€92 | |
| Trade debts | 44 | €3,180 | €5,736 | +€2,556 | +80.4% |
| Suppliers | 440/4 | €3,180 | €5,736 | +€2,556 | +80.4% |
| Taxes, remuneration and social security | 45 | €15,010 | €12,280 | -€2,730 | -18.2% |
| Taxes | 450/3 | €4,461 | €4,055 | -€406 | -9.1% |
| Remuneration and social security | 454/9 | €10,549 | €8,224 | -€2,325 | -22.0% |
| Other amounts payable | 47/48 | €1,490 | €4,757 | +€3,267 | +219.3% |
| Accrued charges and deferred income | 492/3 | €1,116 | - | -€1,116 | |
| Remuneration, social security and pensions | 62 | €39,428 | €40,725 | +€1,297 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,397 | €7,400 | +€4 | 0.0% |
| Other operating charges | 640/8 | €3,788 | €2,436 | -€1,352 | -35.7% |
| Gross operating margin | 9900 | €69,526 | €24,872 | -€44,654 | -64.2% |
| Operating profit (loss) | 9901 | €18,912 | -€25,689 | -€44,602 | |
| Financial income | 75/76B | €2 | €1,232 | +€1,231 | +82047.3% |
| Recurring financial income | 75 | €2 | €1,232 | +€1,231 | +82047.3% |
| Financial charges | 65/66B | €6,605 | €3,823 | -€2,782 | -42.1% |
| Recurring financial charges | 65 | €6,605 | €3,823 | -€2,782 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | €12,309 | -€28,280 | -€40,589 | |
| Profit (loss) for the period | 9904 | €12,309 | -€28,280 | -€40,589 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,309 | -€28,280 | -€40,589 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.