BABETH: 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.
BABETH
Largest movements
- Cash +€87,765
up €87,765 (+543%), from €16,154 to €103,919
mainly Net result for the year (+€109,411) and Tax, wage and social debts (+€31,679)
- Receivables within one year +€23,234
up €23,234 (+78.6%), from €29,553 to €52,787
of which Trade receivables: +€23,230
- Tangible fixed assets -€10,426
down €10,426 (-54.7%), from €19,066 to €8,639
of which Plant, machinery and equipment: -€6,873
- Profit (loss) carried forward +€109,411
up €109,411 (+59.0%), from -€185,321 to -€75,910
- Other debts -€56,697
down €56,697 (-27.8%), from €203,998 to €147,301
- Tax, wage and social debts +€31,679
up €31,679 (+116%), from €27,283 to €58,961
of which Taxes: +€33,107
- Trade debts +€17,402
up €17,402 (+47.8%), from €36,395 to €53,798
- Gross operating margin +€119,966
up €119,966 (+162%), from €74,112 to €194,078
- Staff costs +€14,058
up €14,058 (+25.8%), from €54,408 to €68,466
- Taxes +€3,056
up €3,056, from €0 to €3,056
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 | €101,611 | €202,826 | +€101,214 | +99.6% |
| Fixed assets | 21/28 | €19,196 | €8,769 | -€10,426 | -54.3% |
| Tangible fixed assets | 22/27 | €19,066 | €8,639 | -€10,426 | -54.7% |
| Land and buildings | 22 | €6,201 | €2,648 | -€3,553 | -57.3% |
| Plant, machinery and equipment | 23 | €12,865 | €5,992 | -€6,873 | -53.4% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €82,416 | €194,056 | +€111,641 | +135% |
| Stocks and contracts in progress | 3 | €36,036 | €37,209 | +€1,173 | +3.3% |
| Stocks | 30/36 | €36,036 | €37,209 | +€1,173 | +3.3% |
| Amounts receivable within one year | 40/41 | €29,553 | €52,787 | +€23,234 | +78.6% |
| Trade receivables | 40 | €29,553 | €52,783 | +€23,230 | +78.6% |
| Other amounts receivable | 41 | - | €4 | +€4 | |
| Cash at bank and in hand | 54/58 | €16,154 | €103,919 | +€87,765 | +543% |
| Deferred charges and accrued income | 490/1 | €673 | €142 | -€531 | -78.9% |
| Total equity and liabilities | 10/49 | €101,611 | €202,826 | +€101,214 | +99.6% |
| Equity | 10/15 | -€166,710 | -€57,299 | +€109,411 | +65.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11 | €11 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11 | €11 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11 | €11 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€185,321 | -€75,910 | +€109,411 | +59.0% |
| Amounts payable | 17/49 | €268,321 | €260,124 | -€8,197 | -3.1% |
| Amounts payable within one year | 42/48 | €267,675 | €260,060 | -€7,616 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €36,395 | €53,798 | +€17,402 | +47.8% |
| Suppliers | 440/4 | €36,395 | €53,798 | +€17,402 | +47.8% |
| Taxes, remuneration and social security | 45 | €27,283 | €58,961 | +€31,679 | +116% |
| Taxes | 450/3 | €22,926 | €56,033 | +€33,107 | +144% |
| Remuneration and social security | 454/9 | €4,357 | €2,929 | -€1,428 | -32.8% |
| Other amounts payable | 47/48 | €203,998 | €147,301 | -€56,697 | -27.8% |
| Accrued charges and deferred income | 492/3 | €646 | €65 | -€581 | -90.0% |
| Remuneration, social security and pensions | 62 | €54,408 | €68,466 | +€14,058 | +25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,426 | €10,426 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Non-recurring operating charges | 66A | €0 | €1,741 | +€1,741 | |
| Gross operating margin | 9900 | €74,112 | €194,078 | +€119,966 | +162% |
| Operating profit (loss) | 9901 | €8,893 | €113,057 | +€104,163 | +1,171% |
| Financial income | 75/76B | €295 | €51 | -€244 | -82.8% |
| Recurring financial income | 75 | €147 | €51 | -€96 | -65.5% |
| Non-recurring financial income | 76B | €148 | €0 | -€148 | -100% |
| Financial charges | 65/66B | €1,579 | €641 | -€939 | -59.4% |
| Recurring financial charges | 65 | €1,579 | €641 | -€939 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | €7,608 | €112,466 | +€104,858 | +1,378% |
| Income taxes | 67/77 | €0 | €3,056 | +€3,056 | |
| Profit (loss) for the period | 9904 | €7,608 | €109,411 | +€101,803 | +1,338% |
| Profit (loss) for the period to be appropriated | 9905 | €7,608 | €109,411 | +€101,803 | +1,338% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.