Baanbreker: 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.
Baanbreker
Largest movements
- Receivables after one year +€40,000
new in 2025: €40,000
- Intangible fixed assets -€30,450
down €30,450 (-32.7%), from €93,045 to €62,595
- Receivables within one year +€25,084
up €25,084 (+596.4%), from €4,206 to €29,290
of which Trade receivables: +€27,061
- Cash +€3,496
up €3,496 (+8129.3%), from €43 to €3,539
mainly Net result for the year (+€33,770) and Depreciation (+€33,625)
- Tangible fixed assets -€3,175
down €3,175 (-40.3%), from €7,889 to €4,714
of which Furniture and vehicles: -€2,125
- Reserves +€33,770
up €33,770 (+59.8%), from €56,496 to €90,266
- Tax, wage and social debts +€15,219
up €15,219 (+111.6%), from €13,632 to €28,851
of which Taxes: +€12,059
- Current portion of long-term debt -€10,459
down €10,459 (-62.7%), from €16,680 to €6,222
- Trade debts -€6,325
down €6,325 (-60.5%), from €10,446 to €4,122
- Debts after one year -€6,222
down €6,222 (-100.0%), from €6,222 to €0
- Gross operating margin +€22,482
up €22,482 (+37.2%), from €60,426 to €82,907
- Taxes +€7,911
up €7,911 (+132.9%), from €5,953 to €13,864
- Staff costs -€3,336
down €3,336 (-85.0%), from €3,923 to €587
- Depreciation +€2,306
up €2,306 (+7.4%), from €31,319 to €33,625
- Financial income +€1,203
up €1,203 (+2406160.0%), from €0 to €1,203
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,567 | €142,697 | +€36,129 | +33.9% |
| Fixed assets | 21/28 | €101,184 | €67,559 | -€33,625 | -33.2% |
| Intangible fixed assets | 21 | €93,045 | €62,595 | -€30,450 | -32.7% |
| Tangible fixed assets | 22/27 | €7,889 | €4,714 | -€3,175 | -40.3% |
| Land and buildings | 22 | €1,507 | €757 | -€750 | -49.8% |
| Plant, machinery and equipment | 23 | €1,177 | €877 | -€300 | -25.5% |
| Furniture and vehicles | 24 | €5,205 | €3,080 | -€2,125 | -40.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €5,384 | €75,138 | +€69,754 | +1295.7% |
| Amounts receivable after more than one year | 29 | - | €40,000 | +€40,000 | |
| Other amounts receivable | 291 | - | €40,000 | +€40,000 | |
| Amounts receivable within one year | 40/41 | €4,206 | €29,290 | +€25,084 | +596.4% |
| Trade receivables | 40 | €1,459 | €28,520 | +€27,061 | +1854.6% |
| Other amounts receivable | 41 | €2,747 | €770 | -€1,977 | -72.0% |
| Cash at bank and in hand | 54/58 | €43 | €3,539 | +€3,496 | +8129.3% |
| Deferred charges and accrued income | 490/1 | €1,135 | €2,308 | +€1,174 | +103.5% |
| Total equity and liabilities | 10/49 | €106,567 | €142,697 | +€36,129 | +33.9% |
| Equity | 10/15 | €58,996 | €92,766 | +€33,770 | +57.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €56,496 | €90,266 | +€33,770 | +59.8% |
| Distributable reserves | 133 | €56,496 | €90,266 | +€33,770 | +59.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €47,572 | €49,931 | +€2,359 | +5.0% |
| Amounts payable after more than one year | 17 | €6,222 | €0 | -€6,222 | -100.0% |
| Financial debts | 170/4 | €6,222 | €0 | -€6,222 | -100.0% |
| Amounts payable within one year | 42/48 | €41,230 | €49,931 | +€8,700 | +21.1% |
| Current portion of amounts payable after more than one year | 42 | €16,680 | €6,222 | -€10,459 | -62.7% |
| Financial debts | 43 | - | €5,000 | +€5,000 | |
| Credit institutions | 430/8 | - | €5,000 | +€5,000 | |
| Trade debts | 44 | €10,446 | €4,122 | -€6,325 | -60.5% |
| Suppliers | 440/4 | €10,446 | €4,122 | -€6,325 | -60.5% |
| Taxes, remuneration and social security | 45 | €13,632 | €28,851 | +€15,219 | +111.6% |
| Taxes | 450/3 | €11,935 | €23,994 | +€12,059 | +101.0% |
| Remuneration and social security | 454/9 | €1,698 | €4,857 | +€3,159 | +186.1% |
| Other amounts payable | 47/48 | €472 | €5,736 | +€5,265 | +1116.5% |
| Accrued charges and deferred income | 492/3 | €120 | €0 | -€120 | -100.0% |
| Remuneration, social security and pensions | 62 | €3,923 | €587 | -€3,336 | -85.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,319 | €33,625 | +€2,306 | +7.4% |
| Other operating charges | 640/8 | €767 | €792 | +€25 | +3.3% |
| Gross operating margin | 9900 | €60,426 | €82,907 | +€22,482 | +37.2% |
| Operating profit (loss) | 9901 | €24,416 | €47,903 | +€23,486 | +96.2% |
| Financial income | 75/76B | €0 | €1,203 | +€1,203 | +2406160.0% |
| Recurring financial income | 75 | €0 | €1,203 | +€1,203 | +2406160.0% |
| Financial charges | 65/66B | €2,101 | €1,471 | -€630 | -30.0% |
| Recurring financial charges | 65 | €2,101 | €1,471 | -€630 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €22,315 | €47,635 | +€25,319 | +113.5% |
| Income taxes | 67/77 | €5,953 | €13,864 | +€7,911 | +132.9% |
| Profit (loss) for the period | 9904 | €16,362 | €33,770 | +€17,408 | +106.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,362 | €33,770 | +€17,408 | +106.4% |
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 10 October 2026 via checked.be.