BAELE JOHN: 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.
BAELE JOHN
Largest movements
- Cash +€10,819
up €10,819 (+60.2%), from €17,968 to €28,787
mainly Net result for the year (+€10,311) and Depreciation (+€5,207)
- Receivables within one year +€6,603
up €6,603 (+59.4%), from €11,116 to €17,719
of which Other amounts receivable: +€5,250
- Tangible fixed assets -€5,207
down €5,207 (-26.9%), from €19,336 to €14,129
of which Furniture and vehicles: -€4,250
- Reserves +€10,311
up €10,311 (+39.5%), from €26,090 to €36,401
- Debts after one year -€3,098
down €3,098 (-26.5%), from €11,678 to €8,580
- Tax, wage and social debts +€2,907
up €2,907 (+146.7%), from €1,982 to €4,888
- Trade debts +€1,107
up €1,107 (+87.6%), from €1,263 to €2,369
- Other debts +€682
up €682 (+19.4%), from €3,511 to €4,193
- Gross operating margin -€15,244
down €15,244 (-42.4%), from €35,963 to €20,719
- Taxes -€3,500
down €3,500 (-51.7%), from €6,770 to €3,271
- Depreciation +€2,759
up €2,759 (+112.7%), from €2,448 to €5,207
- Other operating charges +€711
up €711 (+789.4%), from €90 to €801
- Financial charges +€513
up €513 (+83.3%), from €616 to €1,129
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 | €52,446 | €64,962 | +€12,515 | +23.9% |
| Fixed assets | 21/28 | €19,591 | €14,384 | -€5,207 | -26.6% |
| Tangible fixed assets | 22/27 | €19,336 | €14,129 | -€5,207 | -26.9% |
| Plant, machinery and equipment | 23 | €4,461 | €3,504 | -€957 | -21.4% |
| Furniture and vehicles | 24 | €14,875 | €10,625 | -€4,250 | -28.6% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €32,855 | €50,578 | +€17,722 | +53.9% |
| Stocks and contracts in progress | 3 | €2,044 | €2,004 | -€39 | -1.9% |
| Stocks | 30/36 | €2,044 | €2,004 | -€39 | -1.9% |
| Amounts receivable within one year | 40/41 | €11,116 | €17,719 | +€6,603 | +59.4% |
| Trade receivables | 40 | €7,886 | €9,239 | +€1,353 | +17.2% |
| Other amounts receivable | 41 | €3,230 | €8,479 | +€5,250 | +162.5% |
| Cash at bank and in hand | 54/58 | €17,968 | €28,787 | +€10,819 | +60.2% |
| Deferred charges and accrued income | 490/1 | €1,728 | €2,067 | +€339 | +19.6% |
| Total equity and liabilities | 10/49 | €52,446 | €64,962 | +€12,515 | +23.9% |
| Equity | 10/15 | €31,090 | €41,401 | +€10,311 | +33.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,090 | €36,401 | +€10,311 | +39.5% |
| Distributable reserves | 133 | €26,090 | €36,401 | +€10,311 | +39.5% |
| Amounts payable | 17/49 | €21,356 | €23,561 | +€2,204 | +10.3% |
| Amounts payable after more than one year | 17 | €11,678 | €8,580 | -€3,098 | -26.5% |
| Financial debts | 170/4 | €11,678 | €8,580 | -€3,098 | -26.5% |
| Amounts payable within one year | 42/48 | €9,679 | €14,549 | +€4,870 | +50.3% |
| Current portion of amounts payable after more than one year | 42 | €2,923 | €3,098 | +€175 | +6.0% |
| Trade debts | 44 | €1,263 | €2,369 | +€1,107 | +87.6% |
| Suppliers | 440/4 | €1,263 | €2,369 | +€1,107 | +87.6% |
| Taxes, remuneration and social security | 45 | €1,982 | €4,888 | +€2,907 | +146.7% |
| Taxes | 450/3 | €1,982 | €4,888 | +€2,907 | +146.7% |
| Other amounts payable | 47/48 | €3,511 | €4,193 | +€682 | +19.4% |
| Accrued charges and deferred income | 492/3 | - | €432 | +€432 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,448 | €5,207 | +€2,759 | +112.7% |
| Other operating charges | 640/8 | €90 | €801 | +€711 | +789.4% |
| Gross operating margin | 9900 | €35,963 | €20,719 | -€15,244 | -42.4% |
| Operating profit (loss) | 9901 | €33,425 | €14,711 | -€18,714 | -56.0% |
| Financial income | 75/76B | €51 | - | -€51 | |
| Recurring financial income | 75 | €51 | - | -€51 | |
| Financial charges | 65/66B | €616 | €1,129 | +€513 | +83.3% |
| Recurring financial charges | 65 | €616 | €1,129 | +€513 | +83.3% |
| Profit (loss) for the period before taxes | 9903 | €32,860 | €13,582 | -€19,278 | -58.7% |
| Income taxes | 67/77 | €6,770 | €3,271 | -€3,500 | -51.7% |
| Profit (loss) for the period | 9904 | €26,090 | €10,311 | -€15,779 | -60.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,090 | €10,311 | -€15,779 | -60.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.