BASTEX: 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.
BASTEX
Largest movements
- Cash +€247,694
up €247,694 (+58.6%), from €422,993 to €670,687
mainly Net result for the year (+€486,338) and Other debts (+€260,860)
- Intangible fixed assets -€200,281
down €200,281 (-60.1%), from €333,333 to €133,053
- Other debts +€260,860
up €260,860 (+76.9%), from €339,140 to €600,000
- Current portion of long-term debt -€141,683
no longer reported in 2025 (was €141,683)
- Profit (loss) carried forward -€113,662
down €113,662 (-31.1%), from €365,341 to €251,679
- Tax, wage and social debts +€52,035
up €52,035 (+47.6%), from €109,258 to €161,292
of which Taxes: +€37,880
- Gross operating margin +€21,938
up €21,938 (+2.3%), from €953,671 to €975,609
- Financial income +€18,983
up €18,983 (+166%), from €11,424 to €30,407
- Staff costs +€13,016
up €13,016 (+9.6%), from €135,086 to €148,102
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 | €1,916,479 | €1,976,948 | +€60,469 | +3.2% |
| Fixed assets | 21/28 | €349,351 | €154,856 | -€194,495 | -55.7% |
| Intangible fixed assets | 21 | €333,333 | €133,053 | -€200,281 | -60.1% |
| Tangible fixed assets | 22/27 | €15,758 | €21,543 | +€5,786 | +36.7% |
| Plant, machinery and equipment | 23 | - | €5,014 | +€5,014 | |
| Furniture and vehicles | 24 | €13,027 | €14,223 | +€1,196 | +9.2% |
| Other tangible fixed assets | 26 | €2,731 | €2,307 | -€424 | -15.5% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €1,567,128 | €1,822,092 | +€254,964 | +16.3% |
| Amounts receivable within one year | 40/41 | €542,019 | €545,671 | +€3,653 | +0.7% |
| Trade receivables | 40 | €228,580 | €220,306 | -€8,275 | -3.6% |
| Other amounts receivable | 41 | €313,438 | €325,366 | +€11,927 | +3.8% |
| Current investments | 50/53 | €599,747 | €599,747 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €422,993 | €670,687 | +€247,694 | +58.6% |
| Deferred charges and accrued income | 490/1 | €2,369 | €5,986 | +€3,617 | +153% |
| Total equity and liabilities | 10/49 | €1,916,479 | €1,976,948 | +€60,469 | +3.2% |
| Equity | 10/15 | €1,289,672 | €1,176,010 | -€113,662 | -8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €905,731 | €905,731 | = | 0.0% |
| Distributable reserves | 133 | €905,731 | €905,731 | = | 0.0% |
| Profit (loss) carried forward | 14 | €365,341 | €251,679 | -€113,662 | -31.1% |
| Amounts payable | 17/49 | €626,807 | €800,938 | +€174,131 | +27.8% |
| Amounts payable within one year | 42/48 | €626,807 | €800,938 | +€174,131 | +27.8% |
| Current portion of amounts payable after more than one year | 42 | €141,683 | - | -€141,683 | |
| Financial debts | 43 | €1,991 | - | -€1,991 | |
| Other loans | 439 | €1,991 | - | -€1,991 | |
| Trade debts | 44 | €34,735 | €39,645 | +€4,910 | +14.1% |
| Suppliers | 440/4 | €34,735 | €39,645 | +€4,910 | +14.1% |
| Taxes, remuneration and social security | 45 | €109,258 | €161,292 | +€52,035 | +47.6% |
| Taxes | 450/3 | €97,425 | €135,305 | +€37,880 | +38.9% |
| Remuneration and social security | 454/9 | €11,833 | €25,987 | +€14,155 | +120% |
| Other amounts payable | 47/48 | €339,140 | €600,000 | +€260,860 | +76.9% |
| Remuneration, social security and pensions | 62 | €135,086 | €148,102 | +€13,016 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201,715 | €204,593 | +€2,878 | +1.4% |
| Other operating charges | 640/8 | €7,542 | €1,847 | -€5,694 | -75.5% |
| Gross operating margin | 9900 | €953,671 | €975,609 | +€21,938 | +2.3% |
| Operating profit (loss) | 9901 | €609,329 | €621,068 | +€11,738 | +1.9% |
| Financial income | 75/76B | €11,424 | €30,407 | +€18,983 | +166% |
| Recurring financial income | 75 | €11,424 | €30,407 | +€18,983 | +166% |
| Financial charges | 65/66B | €1,773 | €3,578 | +€1,805 | +102% |
| Recurring financial charges | 65 | €1,773 | €3,578 | +€1,805 | +102% |
| Profit (loss) for the period before taxes | 9903 | €618,980 | €647,896 | +€28,916 | +4.7% |
| Income taxes | 67/77 | €153,639 | €161,558 | +€7,920 | +5.2% |
| Profit (loss) for the period | 9904 | €465,341 | €486,338 | +€20,997 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €465,341 | €486,338 | +€20,997 | +4.5% |
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 23 October 2026 via checked.be.