BABACAN: 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.
BABACAN
Largest movements
- Cash -€69,249
down €69,249 (-58.6%), from €118,213 to €48,963
mainly Investment in fixed assets (net) (-€82,499) and Net result for the year (-€72,535)
- Tangible fixed assets +€57,400
up €57,400 (+80.1%), from €71,703 to €129,103
of which Furniture and vehicles: +€54,019
- Receivables within one year +€47,957
up €47,957 (+33.0%), from €145,188 to €193,145
of which Trade receivables: +€30,773
- Stocks and contracts -€44,883
no longer reported in 2025 (was €44,883)
- Trade debts +€74,480
up €74,480 (+103%), from €72,605 to €147,084
- Profit (loss) carried forward -€72,535
down €72,535, from €60,846 to -€11,689
- Debts after one year -€8,274
down €8,274 (-41.3%), from €20,035 to €11,761
- Gross operating margin -€152,792
down €152,792, from €119,838 to -€32,954
- Depreciation +€4,059
up €4,059 (+19.3%), from €21,041 to €25,099
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 | €379,987 | €371,272 | -€8,715 | -2.3% |
| Fixed assets | 21/28 | €71,703 | €129,103 | +€57,400 | +80.1% |
| Tangible fixed assets | 22/27 | €71,703 | €129,103 | +€57,400 | +80.1% |
| Land and buildings | 22 | - | €9,171 | +€9,171 | |
| Plant, machinery and equipment | 23 | €23,976 | €18,185 | -€5,791 | -24.2% |
| Furniture and vehicles | 24 | €47,728 | €101,747 | +€54,019 | +113% |
| Current assets | 29/58 | €308,284 | €242,169 | -€66,115 | -21.4% |
| Stocks and contracts in progress | 3 | €44,883 | - | -€44,883 | |
| Stocks | 30/36 | €44,883 | - | -€44,883 | |
| Amounts receivable within one year | 40/41 | €145,188 | €193,145 | +€47,957 | +33.0% |
| Trade receivables | 40 | €130,755 | €161,528 | +€30,773 | +23.5% |
| Other amounts receivable | 41 | €14,433 | €31,617 | +€17,183 | +119% |
| Cash at bank and in hand | 54/58 | €118,213 | €48,963 | -€69,249 | -58.6% |
| Deferred charges and accrued income | 490/1 | - | €61 | +€61 | |
| Total equity and liabilities | 10/49 | €379,987 | €371,272 | -€8,715 | -2.3% |
| Equity | 10/15 | €81,306 | €8,771 | -€72,535 | -89.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,846 | -€11,689 | -€72,535 | |
| Amounts payable | 17/49 | €298,682 | €362,501 | +€63,819 | +21.4% |
| Amounts payable after more than one year | 17 | €20,035 | €11,761 | -€8,274 | -41.3% |
| Financial debts | 170/4 | €20,035 | €11,761 | -€8,274 | -41.3% |
| Amounts payable within one year | 42/48 | €278,646 | €350,740 | +€72,094 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €182,834 | €183,274 | +€441 | +0.2% |
| Trade debts | 44 | €72,605 | €147,084 | +€74,480 | +103% |
| Suppliers | 440/4 | €72,605 | €147,084 | +€74,480 | +103% |
| Taxes, remuneration and social security | 45 | €921 | €1,408 | +€488 | +53.0% |
| Taxes | 450/3 | €921 | €1,408 | +€488 | +53.0% |
| Other amounts payable | 47/48 | €22,287 | €18,973 | -€3,314 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,041 | €25,099 | +€4,059 | +19.3% |
| Other operating charges | 640/8 | €62 | €476 | +€414 | +668% |
| Gross operating margin | 9900 | €119,838 | -€32,954 | -€152,792 | |
| Operating profit (loss) | 9901 | €98,735 | -€58,530 | -€157,265 | |
| Financial income | 75/76B | €87 | €45 | -€42 | -48.4% |
| Recurring financial income | 75 | €87 | €45 | -€42 | -48.4% |
| Financial charges | 65/66B | €13,508 | €13,563 | +€55 | +0.4% |
| Recurring financial charges | 65 | €13,508 | €13,563 | +€55 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €85,314 | -€72,047 | -€157,362 | |
| Income taxes | 67/77 | €188 | €488 | +€300 | +160% |
| Profit (loss) for the period | 9904 | €85,127 | -€72,535 | -€157,662 | |
| Profit (loss) for the period to be appropriated | 9905 | €85,127 | -€72,535 | -€157,662 |
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 25 October 2026 via checked.be.