BASMAG: what changed
What changed
BASMAG
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
filed annual accounts (NBB)
Net result for the year
€105,741
2024 · €95,954+€9,787
Equity
€470,271
2024 · €364,530+€105,741
Cash
€95,912
2024 · €63,743+€32,168
Balance sheet total
€587,394
2024 · €439,093+€148,301
Largest movements
Assets
- Receivables after one year +€60,758
up €60,758 (+271%), from €22,438 to €83,196
- Financial fixed assets +€37,500
up €37,500 (+17.5%), from €214,525 to €252,025
- Cash +€32,168
up €32,168 (+50.5%), from €63,743 to €95,912
mainly Net result for the year (+€105,741) and Tax, wage and social debts (+€38,218)
- Receivables within one year +€18,504
up €18,504 (+20.1%), from €92,028 to €110,533
of which Other amounts receivable: +€50,000
Equity and liabilities
- Reserves +€105,741
up €105,741 (+33.2%), from €318,341 to €424,082
- Tax, wage and social debts +€38,218
up €38,218 (+58.1%), from €65,790 to €104,008
Income statement
- Taxes +€5,615
up €5,615 (+11.4%), from €49,400 to €55,015
- Depreciation -€5,395
down €5,395 (-80.8%), from €6,679 to €1,285
- Gross operating margin +€3,945
up €3,945 (+2.5%), from €155,174 to €159,120
- Financial income +€2,347
up €2,347 (+135%), from €1,736 to €4,083
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€95,954
Gross operating margin
+€3,945
Depreciation
+€5,395
Other operating charges
+€77
Other operating items
+€2,140
Financial income
+€2,347
Financial charges
+€1,497
Taxes
-€5,615
Result 2025
€105,741
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€68,631
Investment
-€36,367
Financing
-€96
Cash 2024
€63,743
From operations (derived)
+€68,631
Net result for the year
+€105,741
Depreciation
+€1,285
Receivables after one year
-€60,758
Receivables within one year
-€18,504
Deferred charges and accrued income
-€1,788
Trade debts
+€295
Tax, wage and social debts
+€38,218
Other debts
+€4,143
Investment (derived)
-€36,367
Investment in fixed assets (net)
-€39,008
Current investments
+€2,641
Financing
-€96
Short-term financial debts
-€96
Cash 2025
€95,912
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €439,093 | €587,394 | +€148,301 | +33.8% |
| Fixed assets | 21/28 | €215,966 | €253,690 | +€37,724 | +17.5% |
| Tangible fixed assets | 22/27 | €1,441 | €1,665 | +€224 | +15.5% |
| Furniture and vehicles | 24 | €1,441 | €1,665 | +€224 | +15.5% |
| Financial fixed assets | 28 | €214,525 | €252,025 | +€37,500 | +17.5% |
| Current assets | 29/58 | €223,126 | €333,704 | +€110,578 | +49.6% |
| Amounts receivable after more than one year | 29 | €22,438 | €83,196 | +€60,758 | +271% |
| Other amounts receivable | 291 | €22,438 | €83,196 | +€60,758 | +271% |
| Amounts receivable within one year | 40/41 | €92,028 | €110,533 | +€18,504 | +20.1% |
| Trade receivables | 40 | €92,028 | €60,533 | -€31,496 | -34.2% |
| Other amounts receivable | 41 | - | €50,000 | +€50,000 | |
| Current investments | 50/53 | €43,292 | €40,651 | -€2,641 | -6.1% |
| Cash at bank and in hand | 54/58 | €63,743 | €95,912 | +€32,168 | +50.5% |
| Deferred charges and accrued income | 490/1 | €1,625 | €3,413 | +€1,788 | +110% |
| Total equity and liabilities | 10/49 | €439,093 | €587,394 | +€148,301 | +33.8% |
| Equity | 10/15 | €364,530 | €470,271 | +€105,741 | +29.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €318,341 | €424,082 | +€105,741 | +33.2% |
| Distributable reserves | 133 | €318,341 | €424,082 | +€105,741 | +33.2% |
| Profit (loss) carried forward | 14 | €27,589 | €27,589 | = | 0.0% |
| Amounts payable | 17/49 | €74,563 | €117,123 | +€42,561 | +57.1% |
| Amounts payable within one year | 42/48 | €74,563 | €117,123 | +€42,561 | +57.1% |
| Financial debts | 43 | €96 | - | -€96 | |
| Credit institutions | 430/8 | €96 | - | -€96 | |
| Trade debts | 44 | €607 | €902 | +€295 | +48.7% |
| Suppliers | 440/4 | €607 | €902 | +€295 | +48.7% |
| Taxes, remuneration and social security | 45 | €65,790 | €104,008 | +€38,218 | +58.1% |
| Taxes | 450/3 | €65,790 | €104,008 | +€38,218 | +58.1% |
| Other amounts payable | 47/48 | €8,070 | €12,213 | +€4,143 | +51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,679 | €1,285 | -€5,395 | -80.8% |
| Other operating charges | 640/8 | €1,100 | €1,023 | -€77 | -7.0% |
| Non-recurring operating charges | 66A | €2,140 | - | -€2,140 | |
| Gross operating margin | 9900 | €155,174 | €159,120 | +€3,945 | +2.5% |
| Operating profit (loss) | 9901 | €145,254 | €156,812 | +€11,558 | +8.0% |
| Financial income | 75/76B | €1,736 | €4,083 | +€2,347 | +135% |
| Recurring financial income | 75 | €1,736 | €4,083 | +€2,347 | +135% |
| Financial charges | 65/66B | €1,637 | €139 | -€1,497 | -91.5% |
| Recurring financial charges | 65 | €1,637 | €139 | -€1,497 | -91.5% |
| Profit (loss) for the period before taxes | 9903 | €145,353 | €160,756 | +€15,402 | +10.6% |
| Income taxes | 67/77 | €49,400 | €55,015 | +€5,615 | +11.4% |
| Profit (loss) for the period | 9904 | €95,954 | €105,741 | +€9,787 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €95,954 | €105,741 | +€9,787 | +10.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.