BAPS: what changed
BAPS
Largest movements
- Cash +€3,195
up €3,195 (+9.4%), from €33,822 to €37,017
mainly Stocks and contracts (+€2,612) and Net result for the year (+€1,103)
- Stocks and contracts -€2,612
down €2,612 (-17.9%), from €14,577 to €11,965
- Receivables within one year +€998
up €998 (+82.1%), from €1,216 to €2,214
- Profit (loss) carried forward +€1,103
up €1,103, from -€188 to €915
- Gross operating margin +€1,030
up €1,030 (+39.7%), from €2,591 to €3,621
- Taxes +€374
new in 2026: €374
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,115 | €51,696 | +€1,581 | +3.2% |
| Fixed assets | 21/28 | €500 | €500 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €49,615 | €51,196 | +€1,581 | +3.2% |
| Stocks and contracts in progress | 3 | €14,577 | €11,965 | -€2,612 | -17.9% |
| Stocks | 30/36 | €14,577 | €11,965 | -€2,612 | -17.9% |
| Amounts receivable within one year | 40/41 | €1,216 | €2,214 | +€998 | +82.1% |
| Trade receivables | 40 | €1,216 | €2,214 | +€998 | +82.1% |
| Cash at bank and in hand | 54/58 | €33,822 | €37,017 | +€3,195 | +9.4% |
| Total equity and liabilities | 10/49 | €50,115 | €51,696 | +€1,581 | +3.2% |
| Equity | 10/15 | €49,812 | €50,915 | +€1,103 | +2.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€188 | €915 | +€1,103 | |
| Amounts payable | 17/49 | €303 | €781 | +€478 | +158% |
| Amounts payable within one year | 42/48 | €303 | €781 | +€478 | +158% |
| Trade debts | 44 | €85 | €77 | -€8 | -9.9% |
| Suppliers | 440/4 | €85 | €77 | -€8 | -9.9% |
| Taxes, remuneration and social security | 45 | €218 | €705 | +€487 | +223% |
| Taxes | 450/3 | €218 | €705 | +€487 | +223% |
| Other operating charges | 640/8 | €2,084 | €2,104 | +€20 | +0.9% |
| Gross operating margin | 9900 | €2,591 | €3,621 | +€1,030 | +39.7% |
| Operating profit (loss) | 9901 | €507 | €1,517 | +€1,010 | +199% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €59 | €40 | -€19 | -31.6% |
| Recurring financial charges | 65 | €59 | €40 | -€19 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €448 | €1,477 | +€1,029 | +230% |
| Income taxes | 67/77 | - | €374 | +€374 | |
| Profit (loss) for the period | 9904 | €448 | €1,103 | +€655 | +146% |
| Profit (loss) for the period to be appropriated | 9905 | €448 | €1,103 | +€655 | +146% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.