Via BA&T: 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.
Via BA&T
Largest movements
- Receivables within one year -€22,338
down €22,338 (-77.1%), from €28,960 to €6,622
of which Other amounts receivable: -€19,721
- Tangible fixed assets +€5,541
up €5,541 (+111%), from €4,978 to €10,519
of which Other tangible fixed assets: +€4,562
- Profit (loss) carried forward -€35,257
down €35,257, from €2,407 to -€32,850
- Other debts +€22,218
up €22,218 (+261%), from €8,500 to €30,718
- Tax, wage and social debts -€2,936
no longer reported in 2025 (was €2,936)
- Trade debts -€536
down €536 (-14.4%), from €3,721 to €3,185
- Gross operating margin -€38,695
down €38,695, from €5,853 to -€32,842
- Taxes -€2,079
no longer reported in 2025 (was €2,079)
- Depreciation +€1,049
up €1,049 (+94.7%), from €1,108 to €2,157
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 | €38,344 | €21,833 | -€16,511 | -43.1% |
| Fixed assets | 21/28 | €6,838 | €12,379 | +€5,541 | +81.0% |
| Tangible fixed assets | 22/27 | €4,978 | €10,519 | +€5,541 | +111% |
| Furniture and vehicles | 24 | €568 | €1,547 | +€979 | +172% |
| Other tangible fixed assets | 26 | €4,410 | €8,972 | +€4,562 | +103% |
| Financial fixed assets | 28 | €1,860 | €1,860 | = | 0.0% |
| Current assets | 29/58 | €31,506 | €9,454 | -€22,052 | -70.0% |
| Amounts receivable within one year | 40/41 | €28,960 | €6,622 | -€22,338 | -77.1% |
| Trade receivables | 40 | €4,300 | €1,683 | -€2,617 | -60.9% |
| Other amounts receivable | 41 | €24,660 | €4,939 | -€19,721 | -80.0% |
| Cash at bank and in hand | 54/58 | €1,830 | €2,141 | +€311 | +17.0% |
| Deferred charges and accrued income | 490/1 | €716 | €691 | -€25 | -3.5% |
| Total equity and liabilities | 10/49 | €38,344 | €21,833 | -€16,511 | -43.1% |
| Equity | 10/15 | €23,187 | -€12,070 | -€35,257 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,180 | €2,180 | = | 0.0% |
| Tax-exempt reserves | 132 | €320 | €320 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,407 | -€32,850 | -€35,257 | |
| Amounts payable | 17/49 | €15,157 | €33,903 | +€18,746 | +124% |
| Amounts payable within one year | 42/48 | €15,157 | €33,903 | +€18,746 | +124% |
| Trade debts | 44 | €3,721 | €3,185 | -€536 | -14.4% |
| Suppliers | 440/4 | €3,721 | €3,185 | -€536 | -14.4% |
| Taxes, remuneration and social security | 45 | €2,936 | - | -€2,936 | |
| Taxes | 450/3 | €2,936 | - | -€2,936 | |
| Other amounts payable | 47/48 | €8,500 | €30,718 | +€22,218 | +261% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,108 | €2,157 | +€1,049 | +94.7% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €5,853 | -€32,842 | -€38,695 | |
| Operating profit (loss) | 9901 | €4,627 | -€35,119 | -€39,746 | |
| Financial charges | 65/66B | €104 | €138 | +€34 | +32.7% |
| Recurring financial charges | 65 | €104 | €138 | +€34 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | €4,523 | -€35,257 | -€39,780 | |
| Income taxes | 67/77 | €2,079 | - | -€2,079 | |
| Profit (loss) for the period | 9904 | €2,444 | -€35,257 | -€37,701 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,444 | -€35,257 | -€37,701 |
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 22 October 2026 via checked.be.