BAAN DAOW: 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 DAOW
Largest movements
- Cash +€15,948
up €15,948 (+44.5%), from €35,828 to €51,776
mainly Net result for the year (+€36,946) and Tax, wage and social debts (+€10,940)
- Stocks and contracts +€12,485
new in 2025: €12,485
- Tangible fixed assets -€1,738
down €1,738 (-6.2%), from €28,156 to €26,418
of which Other tangible fixed assets: -€945
- Profit (loss) carried forward +€23,288
up €23,288, from -€18,124 to €5,164
- Trade debts -€20,591
down €20,591 (-95.1%), from €21,642 to €1,051
of which Bills of exchange payable: -€21,642
- Tax, wage and social debts +€10,940
up €10,940 (+105%), from €10,467 to €21,407
of which Remuneration and social security: +€7,476
- Reserves +€10,000
new in 2025: €10,000
- Other debts +€3,255
up €3,255 (+6.5%), from €50,094 to €53,349
- Turnover -€190,334
no longer reported in 2025 (was €190,334)
- Purchases and services -€145,694
no longer reported in 2025 (was €145,694)
- Gross operating margin +€97,869
up €97,869 (+170%), from €57,556 to €155,425
- Staff costs +€22,254
up €22,254 (+28.0%), from €79,495 to €101,749
- Other operating charges +€6,506
up €6,506 (+2,013%), from €323 to €6,829
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 | €69,080 | €95,971 | +€26,891 | +38.9% |
| Fixed assets | 21/28 | €30,706 | €28,968 | -€1,738 | -5.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €28,156 | €26,418 | -€1,738 | -6.2% |
| Plant, machinery and equipment | 23 | €27,210 | €26,418 | -€792 | -2.9% |
| Other tangible fixed assets | 26 | €945 | - | -€945 | |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €38,374 | €67,003 | +€28,629 | +74.6% |
| Stocks and contracts in progress | 3 | - | €12,485 | +€12,485 | |
| Stocks | 30/36 | - | €12,485 | +€12,485 | |
| Amounts receivable within one year | 40/41 | €2,389 | €2,742 | +€353 | +14.8% |
| Trade receivables | 40 | - | €1,922 | +€1,922 | |
| Other amounts receivable | 41 | €2,389 | €820 | -€1,569 | -65.7% |
| Cash at bank and in hand | 54/58 | €35,828 | €51,776 | +€15,948 | +44.5% |
| Deferred charges and accrued income | 490/1 | €156 | - | -€156 | |
| Total equity and liabilities | 10/49 | €69,080 | €95,971 | +€26,891 | +38.9% |
| Equity | 10/15 | -€13,124 | €20,164 | +€33,288 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €10,000 | +€10,000 | |
| Distributable reserves | 133 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | -€18,124 | €5,164 | +€23,288 | |
| Amounts payable | 17/49 | €82,203 | €75,807 | -€6,396 | -7.8% |
| Amounts payable within one year | 42/48 | €82,203 | €75,807 | -€6,396 | -7.8% |
| Trade debts | 44 | €21,642 | €1,051 | -€20,591 | -95.1% |
| Suppliers | 440/4 | - | €1,051 | +€1,051 | |
| Bills of exchange payable | 441 | €21,642 | - | -€21,642 | |
| Taxes, remuneration and social security | 45 | €10,467 | €21,407 | +€10,940 | +105% |
| Taxes | 450/3 | €6,438 | €9,902 | +€3,464 | +53.8% |
| Remuneration and social security | 454/9 | €4,029 | €11,505 | +€7,476 | +186% |
| Other amounts payable | 47/48 | €50,094 | €53,349 | +€3,255 | +6.5% |
| Turnover | 70 | €190,334 | - | -€190,334 | |
| Goods, raw materials, services and sundry goods | 60/61 | €145,694 | - | -€145,694 | |
| Remuneration, social security and pensions | 62 | €79,495 | €101,749 | +€22,254 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,951 | €4,498 | +€547 | +13.9% |
| Other operating charges | 640/8 | €323 | €6,829 | +€6,506 | +2,013% |
| Gross operating margin | 9900 | €57,556 | €155,425 | +€97,869 | +170% |
| Operating profit (loss) | 9901 | -€26,214 | €42,349 | +€68,563 | |
| Financial income | 75/76B | €51 | €336 | +€285 | +559% |
| Recurring financial income | 75 | €51 | €336 | +€285 | +559% |
| Financial charges | 65/66B | €770 | €884 | +€114 | +14.7% |
| Recurring financial charges | 65 | €770 | €884 | +€114 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | -€26,933 | €41,801 | +€68,734 | |
| Income taxes | 67/77 | €0 | €4,855 | +€4,855 | |
| Profit (loss) for the period | 9904 | -€26,933 | €36,946 | +€63,879 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,933 | €36,946 | +€63,879 |
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 17 October 2026 via checked.be.