NEW BADES: 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.
NEW BADES
Largest movements
- Stocks and contracts -€10,250
down €10,250 (-81.7%), from €12,550 to €2,300
- Cash +€2,086
up €2,086 (+167%), from €1,250 to €3,336
mainly Stocks and contracts (+€10,250) and Net result for the year (+€7,016)
- Receivables within one year +€246
new in 2025: €246
- Trade debts -€14,933
down €14,933 (-47.3%), from €31,553 to €16,619
- Profit (loss) carried forward +€7,016
up €7,016 (+19.3%), from -€36,353 to -€29,337
- Turnover +€118,928
up €118,928, from €0 to €118,928
- Purchases and services +€110,519
new in 2025: €110,519
- Gross operating margin +€8,409
up €8,409, from €0 to €8,409
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 | €13,800 | €5,882 | -€7,918 | -57.4% |
| Current assets | 29/58 | €13,800 | €5,882 | -€7,918 | -57.4% |
| Stocks and contracts in progress | 3 | €12,550 | €2,300 | -€10,250 | -81.7% |
| Stocks | 30/36 | €12,550 | €2,300 | -€10,250 | -81.7% |
| Amounts receivable within one year | 40/41 | - | €246 | +€246 | |
| Other amounts receivable | 41 | - | €246 | +€246 | |
| Cash at bank and in hand | 54/58 | €1,250 | €3,336 | +€2,086 | +167% |
| Total equity and liabilities | 10/49 | €13,800 | €5,882 | -€7,918 | -57.4% |
| Equity | 10/15 | -€17,753 | -€10,737 | +€7,016 | +39.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,353 | -€29,337 | +€7,016 | +19.3% |
| Amounts payable | 17/49 | €31,553 | €16,619 | -€14,933 | -47.3% |
| Amounts payable within one year | 42/48 | €31,553 | €16,619 | -€14,933 | -47.3% |
| Trade debts | 44 | €31,553 | €16,619 | -€14,933 | -47.3% |
| Suppliers | 440/4 | €31,553 | €16,619 | -€14,933 | -47.3% |
| Turnover | 70 | €0 | €118,928 | +€118,928 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €110,519 | +€110,519 | |
| Other operating charges | 640/8 | - | €1,123 | +€1,123 | |
| Gross operating margin | 9900 | €0 | €8,409 | +€8,409 | |
| Operating profit (loss) | 9901 | €0 | €7,287 | +€7,287 | |
| Financial charges | 65/66B | - | €271 | +€271 | |
| Recurring financial charges | 65 | - | €271 | +€271 | |
| Profit (loss) for the period before taxes | 9903 | €0 | €7,016 | +€7,016 | |
| Profit (loss) for the period | 9904 | €0 | €7,016 | +€7,016 | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €7,016 | +€7,016 |
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 20 October 2026 via checked.be.