BAEKELANDT CONSTRUCTIE: 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.
BAEKELANDT CONSTRUCTIE
Largest movements
- Receivables within one year -€78,575
down €78,575 (-53.9%), from €145,752 to €67,177
- Cash +€29,014
up €29,014 (+3.9%), from €744,391 to €773,405
mainly Net result for the year (+€89,807) and Advances received (+€84,693)
- Stocks and contracts -€13,100
down €13,100 (-33.8%), from €38,750 to €25,650
- Trade debts -€170,158
down €170,158 (-32.3%), from €526,389 to €356,231
- Reserves +€89,807
up €89,807 (+88.9%), from €100,978 to €190,785
of which Distributable reserves: +€89,807
- Advances received +€84,693
up €84,693 (+117%), from €72,596 to €157,289
- Other debts -€71,231
down €71,231 (-83.0%), from €85,845 to €14,614
- Gross operating margin +€81,368
up €81,368 (+43.2%), from €188,330 to €269,697
- Staff costs +€73,388
up €73,388 (+89.9%), from €81,622 to €155,009
- Taxes +€21,429
up €21,429 (+100%), from €21,339 to €42,768
- Financial income +€18,304
up €18,304 (+3,501%), from €523 to €18,827
- Financial charges -€4,753
down €4,753 (-96.9%), from €4,904 to €152
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 | €929,191 | €866,232 | -€62,959 | -6.8% |
| Fixed assets | 21/28 | €298 | - | -€298 | |
| Tangible fixed assets | 22/27 | €298 | - | -€298 | |
| Plant, machinery and equipment | 23 | €298 | - | -€298 | |
| Current assets | 29/58 | €928,893 | €866,232 | -€62,661 | -6.7% |
| Stocks and contracts in progress | 3 | €38,750 | €25,650 | -€13,100 | -33.8% |
| Contracts in progress | 37 | €38,750 | €25,650 | -€13,100 | -33.8% |
| Amounts receivable within one year | 40/41 | €145,752 | €67,177 | -€78,575 | -53.9% |
| Other amounts receivable | 41 | €145,752 | €67,177 | -€78,575 | -53.9% |
| Cash at bank and in hand | 54/58 | €744,391 | €773,405 | +€29,014 | +3.9% |
| Total equity and liabilities | 10/49 | €929,191 | €866,232 | -€62,959 | -6.8% |
| Equity | 10/15 | €224,853 | €314,660 | +€89,807 | +39.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €100,978 | €190,785 | +€89,807 | +88.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €99,118 | €188,926 | +€89,807 | +90.6% |
| Profit (loss) carried forward | 14 | €105,283 | €105,283 | = | 0.0% |
| Amounts payable | 17/49 | €704,338 | €551,572 | -€152,766 | -21.7% |
| Amounts payable within one year | 42/48 | €698,603 | €543,970 | -€154,633 | -22.1% |
| Trade debts | 44 | €526,389 | €356,231 | -€170,158 | -32.3% |
| Suppliers | 440/4 | €526,389 | €356,231 | -€170,158 | -32.3% |
| Advances received on contracts in progress | 46 | €72,596 | €157,289 | +€84,693 | +117% |
| Taxes, remuneration and social security | 45 | €13,773 | €15,836 | +€2,063 | +15.0% |
| Taxes | 450/3 | €6,339 | - | -€6,339 | |
| Remuneration and social security | 454/9 | €7,433 | €15,836 | +€8,402 | +113% |
| Other amounts payable | 47/48 | €85,845 | €14,614 | -€71,231 | -83.0% |
| Accrued charges and deferred income | 492/3 | €5,735 | €7,603 | +€1,867 | +32.6% |
| Remuneration, social security and pensions | 62 | €81,622 | €155,009 | +€73,388 | +89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €298 | €298 | = | 0.0% |
| Other operating charges | 640/8 | €315 | €490 | +€175 | +55.5% |
| Gross operating margin | 9900 | €188,330 | €269,697 | +€81,368 | +43.2% |
| Operating profit (loss) | 9901 | €106,095 | €113,900 | +€7,805 | +7.4% |
| Financial income | 75/76B | €523 | €18,827 | +€18,304 | +3,501% |
| Recurring financial income | 75 | €523 | €18,827 | +€18,304 | +3,501% |
| Financial charges | 65/66B | €4,904 | €152 | -€4,753 | -96.9% |
| Recurring financial charges | 65 | €4,904 | €152 | -€4,753 | -96.9% |
| Profit (loss) for the period before taxes | 9903 | €101,714 | €132,576 | +€30,862 | +30.3% |
| Income taxes | 67/77 | €21,339 | €42,768 | +€21,429 | +100% |
| Profit (loss) for the period | 9904 | €80,375 | €89,807 | +€9,432 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €80,375 | €89,807 | +€9,432 | +11.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.