BAENS HOLDING: 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.
BAENS HOLDING
Largest movements
- Receivables after one year +€3.3m
up €3.3m (+585%), from €556,800 to €3.8m
- Current investments -€1.0m
no longer reported in 2025 (was €1.0m)
- Receivables within one year -€85,885
down €85,885 (-6.6%), from €1.3m to €1.2m
of which Other amounts receivable: -€82,885
- Deferred charges and accrued income +€85,434
up €85,434 (+4,691%), from €1,821 to €87,255
- Other debts +€1.7m
up €1.7m (+111,773%), from €1,476 to €1.7m
- Reserves +€498,525
up €498,525 (+17.4%), from €2.9m to €3.4m
of which Distributable reserves: +€473,598
- Financial income -€1.2m
down €1.2m (-65.5%), from €1.8m to €613,764
- Taxes -€100,574
down €100,574 (-59.9%), from €167,807 to €67,233
- Financial charges +€46,524
up €46,524 (+32,554%), from €143 to €46,667
- Gross operating margin +€778
up €778 (+73.6%), from -€1,057 to -€279
- Other operating charges +€31
up €31 (+3.0%), from €1,030 to €1,060
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 | €6,032,282 | €8,286,594 | +€2.3m | +37.4% |
| Fixed assets | 21/28 | €2,997,975 | €2,997,975 | = | 0.0% |
| Financial fixed assets | 28 | €2,997,975 | €2,997,975 | = | 0.0% |
| Current assets | 29/58 | €3,034,307 | €5,288,619 | +€2.3m | +74.3% |
| Amounts receivable after more than one year | 29 | €556,800 | €3,815,000 | +€3.3m | +585% |
| Other amounts receivable | 291 | €556,800 | €3,815,000 | +€3.3m | +585% |
| Amounts receivable within one year | 40/41 | €1,299,514 | €1,213,629 | -€85,885 | -6.6% |
| Trade receivables | 40 | €3,000 | - | -€3,000 | |
| Other amounts receivable | 41 | €1,296,514 | €1,213,629 | -€82,885 | -6.4% |
| Current investments | 50/53 | €1,000,000 | - | -€1.0m | |
| Cash at bank and in hand | 54/58 | €176,172 | €172,735 | -€3,436 | -2.0% |
| Deferred charges and accrued income | 490/1 | €1,821 | €87,255 | +€85,434 | +4,691% |
| Total equity and liabilities | 10/49 | €6,032,282 | €8,286,594 | +€2.3m | +37.4% |
| Equity | 10/15 | €5,864,624 | €6,363,148 | +€498,525 | +8.5% |
| Contributions | 10/11 | €3,002,975 | €3,002,975 | = | 0.0% |
| Capital | 10 | €3,002,975 | €3,002,975 | = | 0.0% |
| Issued capital | 100 | €3,002,975 | €3,002,975 | = | 0.0% |
| Reserves | 13 | €2,861,649 | €3,360,173 | +€498,525 | +17.4% |
| Non-distributable reserves | 130/1 | €144,654 | €169,580 | +€24,926 | +17.2% |
| Legal reserve | 130 | €144,654 | €169,580 | +€24,926 | +17.2% |
| Distributable reserves | 133 | €2,716,995 | €3,190,593 | +€473,598 | +17.4% |
| Amounts payable | 17/49 | €167,658 | €1,923,446 | +€1.8m | +1,047% |
| Amounts payable within one year | 42/48 | €167,658 | €1,876,864 | +€1.7m | +1,019% |
| Trade debts | 44 | €4,398 | €863 | -€3,535 | -80.4% |
| Suppliers | 440/4 | €4,398 | €863 | -€3,535 | -80.4% |
| Taxes, remuneration and social security | 45 | €161,784 | €224,525 | +€62,741 | +38.8% |
| Taxes | 450/3 | €159,784 | €224,525 | +€64,741 | +40.5% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €1,476 | €1,651,476 | +€1.7m | +111,773% |
| Accrued charges and deferred income | 492/3 | - | €46,582 | +€46,582 | |
| Other operating charges | 640/8 | €1,030 | €1,060 | +€31 | +3.0% |
| Gross operating margin | 9900 | -€1,057 | -€279 | +€778 | +73.6% |
| Operating profit (loss) | 9901 | -€2,087 | -€1,340 | +€747 | +35.8% |
| Financial income | 75/76B | €1,779,624 | €613,764 | -€1.2m | -65.5% |
| Recurring financial income | 75 | €1,779,624 | €613,764 | -€1.2m | -65.5% |
| Financial charges | 65/66B | €143 | €46,667 | +€46,524 | +32,554% |
| Recurring financial charges | 65 | €143 | €46,667 | +€46,524 | +32,554% |
| Profit (loss) for the period before taxes | 9903 | €1,777,395 | €565,758 | -€1.2m | -68.2% |
| Income taxes | 67/77 | €167,807 | €67,233 | -€100,574 | -59.9% |
| Profit (loss) for the period | 9904 | €1,609,587 | €498,525 | -€1.1m | -69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,609,587 | €498,525 | -€1.1m | -69.0% |
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 19 October 2026 via checked.be.