André: what changed
Two fiscal 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.
What changed
André
NACE 69.103, Activities of bailiffs
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€6.9m
2024 · €1.6m+€5.2m
Equity
€22.8m
2024 · €15.9m+€6.9m
Cash
€235,033
2024 · €26,791+€208,242
Balance sheet total
€29.5m
2024 · €26.2m+€3.3m
Largest movements
Assets
- Receivables within one year +€3.2m
up €3.2m (+6329.9%), from €50,031 to €3.2m
of which Trade receivables: +€2.5m
Equity and liabilities
- Reserves +€6.9m
up €6.9m (+43.3%), from €15.9m to €22.8m
of which Distributable reserves: +€6.9m
- Other debts -€2.3m
down €2.3m (-57.1%), from €4.1m to €1.8m
- Debts after one year -€2.1m
down €2.1m (-50.0%), from €4.1m to €2.1m
- Tax, wage and social debts +€586,590
new in 2025: €586,590
of which Taxes: +€421,415
Income statement
- Turnover +€5.0m
new in 2025: €5.0m
- Financial income +€2.8m
up €2.8m (+97.5%), from €2.9m to €5.6m
- Staff costs +€1.8m
new in 2025: €1.8m
- Services and other goods +€1.7m
up €1.7m (+2160.7%), from €78,364 to €1.8m
- Financial charges -€913,690
down €913,690 (-79.6%), from €1.1m to €234,530
of which Non-recurring financial charges: -€758,367
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.
Result 2024
€1.6m
Turnover
+€5.0m
Other operating income
+€31,786
Services and other goods
-€1.7m
Staff costs
-€1.8m
Depreciation
-€547
Other operating charges
+€992
Financial income
+€2.8m
Financial charges
+€913,690
Taxes
-€1,800
Result 2025
€6.9m
Cash bridge derived
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.
From operations
+€2.3m
Investment
-€8,120
Financing
-€2.1m
Cash 2024
€26,791
From operations (derived)
+€2.3m
Net result for the year
+€6.9m
Depreciation
+€547
Receivables after one year
+€50,000
Receivables within one year
-€3.2m
Deferred charges and accrued income
+€1,996
Trade debts
+€265,496
Tax, wage and social debts
+€586,590
Other debts
-€2.3m
Investment (derived)
-€8,120
Investment in fixed assets (net)
-€8,120
Financing
-€2.1m
Debts after one year
-€2.1m
Cash 2025
€235,033
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,174,262 | €29,504,992 | +€3.3m | +12.7% |
| Fixed assets | 21/28 | €25,695,444 | €25,703,017 | +€7,573 | 0.0% |
| Intangible fixed assets | 21 | - | €7,573 | +€7,573 | |
| Tangible fixed assets | 22/27 | €15,054 | €15,054 | = | 0.0% |
| Plant, machinery and equipment | 23 | €11,753 | €11,753 | = | 0.0% |
| Furniture and vehicles | 24 | €3,301 | €3,301 | = | 0.0% |
| Financial fixed assets | 28 | €25,680,390 | €25,680,390 | = | 0.0% |
| Affiliated companies | 280/1 | €25,680,390 | €25,680,390 | = | 0.0% |
| Participating interests | 280 | €25,680,390 | €25,680,390 | = | 0.0% |
| Current assets | 29/58 | €478,818 | €3,801,975 | +€3.3m | +694.0% |
| Amounts receivable after more than one year | 29 | €400,000 | €350,000 | -€50,000 | -12.5% |
| Other amounts receivable | 291 | €400,000 | €350,000 | -€50,000 | -12.5% |
| Amounts receivable within one year | 40/41 | €50,031 | €3,216,942 | +€3.2m | +6329.9% |
| Trade receivables | 40 | - | €2,466,942 | +€2.5m | |
| Other amounts receivable | 41 | €50,031 | €750,000 | +€699,969 | +1399.1% |
| Cash at bank and in hand | 54/58 | €26,791 | €235,033 | +€208,242 | +777.3% |
| Deferred charges and accrued income | 490/1 | €1,996 | - | -€1,996 | |
| Total equity and liabilities | 10/49 | €26,174,262 | €29,504,992 | +€3.3m | +12.7% |
| Equity | 10/15 | €15,906,724 | €22,779,370 | +€6.9m | +43.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,888,124 | €22,760,770 | +€6.9m | +43.3% |
| Tax-exempt reserves | 132 | €1,223 | €1,223 | = | 0.0% |
| Distributable reserves | 133 | €15,886,901 | €22,759,547 | +€6.9m | +43.3% |
| Amounts payable | 17/49 | €10,267,538 | €6,725,622 | -€3.5m | -34.5% |
| Amounts payable after more than one year | 17 | €4,114,800 | €2,057,400 | -€2.1m | -50.0% |
| Financial debts | 170/4 | €4,114,800 | €2,057,400 | -€2.1m | -50.0% |
| Credit institutions | 173 | €4,114,800 | €2,057,400 | -€2.1m | -50.0% |
| Amounts payable within one year | 42/48 | €6,152,738 | €4,668,222 | -€1.5m | -24.1% |
| Current portion of amounts payable after more than one year | 42 | €2,057,400 | €2,057,400 | = | 0.0% |
| Trade debts | 44 | - | €265,496 | +€265,496 | |
| Suppliers | 440/4 | - | €265,496 | +€265,496 | |
| Taxes, remuneration and social security | 45 | - | €586,590 | +€586,590 | |
| Taxes | 450/3 | - | €421,415 | +€421,415 | |
| Remuneration and social security | 454/9 | - | €165,175 | +€165,175 | |
| Other amounts payable | 47/48 | €4,095,338 | €1,758,736 | -€2.3m | -57.1% |
| Operating income | 70/76A | €847 | €5,023,234 | +€5.0m | +592961.9% |
| Turnover | 70 | - | €4,990,601 | +€5.0m | |
| Other operating income | 74 | €847 | €32,633 | +€31,786 | +3752.8% |
| Operating charges | 60/66A | €79,801 | €3,550,340 | +€3.5m | +4349.0% |
| Services and other goods | 61 | €78,364 | €1,771,564 | +€1.7m | +2160.7% |
| Remuneration, social security and pensions | 62 | - | €1,777,784 | +€1.8m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €547 | +€547 | |
| Other operating charges | 640/8 | €1,437 | €445 | -€992 | -69.0% |
| Operating profit (loss) | 9901 | -€78,954 | €1,472,894 | +€1.6m | |
| Financial income | 75/76B | €2,853,776 | €5,636,082 | +€2.8m | +97.5% |
| Recurring financial income | 75 | €2,853,776 | €5,636,082 | +€2.8m | +97.5% |
| Income from financial fixed assets | 750 | €2,819,182 | €5,636,082 | +€2.8m | +99.9% |
| Other financial income | 752/9 | €34,594 | - | -€34,594 | |
| Financial charges | 65/66B | €1,148,220 | €234,530 | -€913,690 | -79.6% |
| Recurring financial charges | 65 | €389,853 | €234,530 | -€155,323 | -39.8% |
| Debt charges | 650 | €388,631 | €232,682 | -€155,949 | -40.1% |
| Other financial charges | 652/9 | €1,222 | €1,848 | +€626 | +51.2% |
| Non-recurring financial charges | 66B | €758,367 | - | -€758,367 | |
| Profit (loss) for the period before taxes | 9903 | €1,626,602 | €6,874,446 | +€5.2m | +322.6% |
| Income taxes | 67/77 | - | €1,800 | +€1,800 | |
| Taxes | 670/3 | - | €1,800 | +€1,800 | |
| Profit (loss) for the period | 9904 | €1,626,602 | €6,872,646 | +€5.2m | +322.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,626,602 | €6,872,646 | +€5.2m | +322.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.