ADVOCAAT TIM BAES: what changed
What changed
ADVOCAAT TIM BAES
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€260,217
2025 · €244,012+€16,205
Equity
€1.5m
2025 · €1.4m+€86,013
Cash
€165,392
2025 · €163,906+€1,487
Balance sheet total
€3.8m
2025 · €3.0m+€770,495
Largest movements
Assets
- Tangible fixed assets +€1.2m
up €1.2m (+64.4%), from €1.8m to €3.0m
of which Land and buildings: +€1.1m
- Current investments -€350,269
down €350,269 (-72.3%), from €484,441 to €134,172
- Receivables within one year -€69,968
down €69,968 (-13.5%), from €518,611 to €448,643
of which Other amounts receivable: -€82,549
Equity and liabilities
- Debts after one year +€738,863
up €738,863 (+53.7%), from €1.4m to €2.1m
- Reserves +€86,013
up €86,013 (+6.2%), from €1.4m to €1.5m
of which Distributable reserves: +€86,013
- Tax, wage and social debts -€46,246
down €46,246 (-71.9%), from €64,293 to €18,047
of which Taxes: -€49,353
Income statement
- Depreciation +€138,427
up €138,427 (+243%), from €56,959 to €195,387
- Financial income +€108,056
up €108,056 (+504%), from €21,421 to €129,477
- Taxes -€61,601
down €61,601 (-50.2%), from €122,670 to €61,069
- Gross operating margin -€12,774
down €12,774 (-2.4%), from €533,865 to €521,091
- Financial charges -€9,583
down €9,583 (-19.0%), from €50,360 to €40,777
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.
Result 2025
€244,012
Gross operating margin
-€12,774
Staff costs
-€5,172
Depreciation
-€138,427
Other operating charges
-€6,662
Financial income
+€108,056
Financial charges
+€9,583
Taxes
+€61,601
Result 2026
€260,217
raises the resultlowers the result
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.
From operations
+€462,810
Investment
-€1.0m
Financing
+€572,706
Cash 2025
€163,906
From operations (derived)
+€462,810
Net result for the year
+€260,217
Depreciation
+€195,387
Receivables within one year
+€69,968
Smaller working-capital items
-€2,394
Trade debts
-€14,121
Tax, wage and social debts
-€46,246
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.4m
Current investments
+€350,269
Financing
+€572,706
Debts after one year
+€738,863
Current portion of long-term debt
+€8,047
Contributions, distributions and other
-€174,204
Cash 2026
€165,392
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,029,826 | €3,800,321 | +€770,495 | +25.4% |
| Fixed assets | 21/28 | €1,847,537 | €3,036,448 | +€1.2m | +64.4% |
| Tangible fixed assets | 22/27 | €1,847,537 | €3,036,448 | +€1.2m | +64.4% |
| Land and buildings | 22 | €115,981 | €1,239,973 | +€1.1m | +969% |
| Plant, machinery and equipment | 23 | €2,909 | €6,383 | +€3,473 | +119% |
| Furniture and vehicles | 24 | €10,523 | €9,390 | -€1,133 | -10.8% |
| Other tangible fixed assets | 26 | €1,718,123 | €1,780,702 | +€62,579 | +3.6% |
| Current assets | 29/58 | €1,182,288 | €763,873 | -€418,415 | -35.4% |
| Amounts receivable within one year | 40/41 | €518,611 | €448,643 | -€69,968 | -13.5% |
| Trade receivables | 40 | €125,212 | €137,793 | +€12,581 | +10.0% |
| Other amounts receivable | 41 | €393,399 | €310,850 | -€82,549 | -21.0% |
| Current investments | 50/53 | €484,441 | €134,172 | -€350,269 | -72.3% |
| Cash at bank and in hand | 54/58 | €163,906 | €165,392 | +€1,487 | +0.9% |
| Deferred charges and accrued income | 490/1 | €15,330 | €15,665 | +€334 | +2.2% |
| Total equity and liabilities | 10/49 | €3,029,826 | €3,800,321 | +€770,495 | +25.4% |
| Equity | 10/15 | €1,410,763 | €1,496,776 | +€86,013 | +6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,392,163 | €1,478,176 | +€86,013 | +6.2% |
| Tax-exempt reserves | 132 | €63,150 | €63,150 | = | 0.0% |
| Distributable reserves | 133 | €1,329,013 | €1,415,026 | +€86,013 | +6.5% |
| Profit (loss) carried forward | 14 | - | €0 | +€0 | |
| Amounts payable | 17/49 | €1,619,063 | €2,303,545 | +€684,483 | +42.3% |
| Amounts payable after more than one year | 17 | €1,377,009 | €2,115,871 | +€738,863 | +53.7% |
| Financial debts | 170/4 | €1,377,009 | €2,115,871 | +€738,863 | +53.7% |
| Amounts payable within one year | 42/48 | €239,128 | €186,808 | -€52,320 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €141,758 | €149,805 | +€8,047 | +5.7% |
| Trade debts | 44 | €33,077 | €18,956 | -€14,121 | -42.7% |
| Suppliers | 440/4 | €33,077 | €18,956 | -€14,121 | -42.7% |
| Taxes, remuneration and social security | 45 | €64,293 | €18,047 | -€46,246 | -71.9% |
| Taxes | 450/3 | €55,445 | €6,092 | -€49,353 | -89.0% |
| Remuneration and social security | 454/9 | €8,848 | €11,955 | +€3,107 | +35.1% |
| Accrued charges and deferred income | 492/3 | €2,926 | €866 | -€2,060 | -70.4% |
| Remuneration, social security and pensions | 62 | €75,192 | €80,365 | +€5,172 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,959 | €195,387 | +€138,427 | +243% |
| Other operating charges | 640/8 | €6,091 | €12,753 | +€6,662 | +109% |
| Gross operating margin | 9900 | €533,865 | €521,091 | -€12,774 | -2.4% |
| Operating profit (loss) | 9901 | €395,622 | €232,587 | -€163,035 | -41.2% |
| Financial income | 75/76B | €21,421 | €129,477 | +€108,056 | +504% |
| Recurring financial income | 75 | €21,421 | €129,477 | +€108,056 | +504% |
| Financial charges | 65/66B | €50,360 | €40,777 | -€9,583 | -19.0% |
| Recurring financial charges | 65 | €50,360 | €40,777 | -€9,583 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €366,683 | €321,286 | -€45,396 | -12.4% |
| Income taxes | 67/77 | €122,670 | €61,069 | -€61,601 | -50.2% |
| Profit (loss) for the period | 9904 | €244,012 | €260,217 | +€16,205 | +6.6% |
| Transfer from tax-exempt reserves | 789 | €84,200 | - | -€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €328,212 | €260,217 | -€67,995 | -20.7% |
Next steps
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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 2 November 2026 via checked.be.