Baan: 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.
Baan
Largest movements
- Cash -€10,482
down €10,482 (-23.8%), from €43,965 to €33,483
mainly Contributions, distributions and other (-€13,202) and Other debts (-€9,478)
- Receivables within one year +€8,397
up €8,397 (+74.9%), from €11,211 to €19,608
of which Trade receivables: +€8,192
- Tangible fixed assets -€5,401
down €5,401 (-56.5%), from €9,567 to €4,166
of which Furniture and vehicles: -€2,744
- Other debts -€9,478
down €9,478 (-22.0%), from €43,106 to €33,628
- Tax, wage and social debts +€2,272
up €2,272 (+108%), from €2,100 to €4,372
of which Taxes: +€2,272
- Reserves -€1,158
down €1,158 (-100%), from €1,158 to €0
- Trade debts +€769
up €769 (+259%), from €297 to €1,066
- Gross operating margin -€21,878
down €21,878 (-46.5%), from €47,054 to €25,176
- Taxes -€3,461
down €3,461 (-41.7%), from €8,301 to €4,840
- Depreciation +€2,030
up €2,030 (+60.2%), from €3,371 to €5,401
- Financial charges +€740
up €740 (+78.3%), from €945 to €1,685
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 | €65,343 | €57,748 | -€7,595 | -11.6% |
| Fixed assets | 21/28 | €10,167 | €4,166 | -€6,001 | -59.0% |
| Tangible fixed assets | 22/27 | €9,567 | €4,166 | -€5,401 | -56.5% |
| Plant, machinery and equipment | 23 | €4,673 | €2,016 | -€2,657 | -56.9% |
| Furniture and vehicles | 24 | €4,894 | €2,150 | -€2,744 | -56.1% |
| Financial fixed assets | 28 | €600 | €0 | -€600 | -100% |
| Current assets | 29/58 | €55,176 | €53,582 | -€1,594 | -2.9% |
| Amounts receivable within one year | 40/41 | €11,211 | €19,608 | +€8,397 | +74.9% |
| Trade receivables | 40 | €9,036 | €17,228 | +€8,192 | +90.7% |
| Other amounts receivable | 41 | €2,175 | €2,380 | +€205 | +9.4% |
| Cash at bank and in hand | 54/58 | €43,965 | €33,483 | -€10,482 | -23.8% |
| Deferred charges and accrued income | 490/1 | €0 | €491 | +€491 | |
| Total equity and liabilities | 10/49 | €65,343 | €57,748 | -€7,595 | -11.6% |
| Equity | 10/15 | €19,708 | €18,550 | -€1,158 | -5.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,158 | €0 | -€1,158 | -100% |
| Distributable reserves | 133 | €1,158 | €0 | -€1,158 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,635 | €39,198 | -€6,436 | -14.1% |
| Amounts payable within one year | 42/48 | €45,635 | €39,198 | -€6,436 | -14.1% |
| Financial debts | 43 | €132 | €132 | = | 0.0% |
| Credit institutions | 430/8 | €132 | €132 | = | 0.0% |
| Trade debts | 44 | €297 | €1,066 | +€769 | +259% |
| Suppliers | 440/4 | €297 | €1,066 | +€769 | +259% |
| Taxes, remuneration and social security | 45 | €2,100 | €4,372 | +€2,272 | +108% |
| Taxes | 450/3 | €700 | €2,972 | +€2,272 | +325% |
| Remuneration and social security | 454/9 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 47/48 | €43,106 | €33,628 | -€9,478 | -22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,371 | €5,401 | +€2,030 | +60.2% |
| Other operating charges | 640/8 | €1,352 | €1,281 | -€71 | -5.3% |
| Gross operating margin | 9900 | €47,054 | €25,176 | -€21,878 | -46.5% |
| Operating profit (loss) | 9901 | €42,331 | €18,494 | -€23,837 | -56.3% |
| Financial income | 75/76B | €6 | €74 | +€69 | +1,146% |
| Recurring financial income | 75 | €6 | €74 | +€69 | +1,146% |
| Financial charges | 65/66B | €945 | €1,685 | +€740 | +78.3% |
| Recurring financial charges | 65 | €945 | €1,685 | +€740 | +78.3% |
| Profit (loss) for the period before taxes | 9903 | €41,392 | €16,884 | -€24,508 | -59.2% |
| Income taxes | 67/77 | €8,301 | €4,840 | -€3,461 | -41.7% |
| Profit (loss) for the period | 9904 | €33,091 | €12,044 | -€21,047 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,091 | €12,044 | -€21,047 | -63.6% |
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 14 October 2026 via checked.be.