BAENS IMMO: 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 IMMO
Largest movements
- Tangible fixed assets +€322,419
up €322,419 (+25.4%), from €1.3m to €1.6m
- Cash -€86,947
down €86,947 (-69.3%), from €125,478 to €38,531
mainly Investment in fixed assets (net) (-€357,641) and Other debts (-€60,222)
- Debts after one year +€300,000
up €300,000 (+44.4%), from €675,000 to €975,000
- Other debts -€60,222
down €60,222 (-6.6%), from €918,834 to €858,612
- Trade debts -€41,964
down €41,964 (-97.6%), from €43,006 to €1,042
- Profit (loss) carried forward +€33,033
up €33,033 (+79.3%), from -€41,643 to -€8,610
- Gross operating margin +€15,708
up €15,708 (+27.2%), from €57,710 to €73,418
- Financial charges -€9,608
down €9,608 (-74.9%), from €12,824 to €3,216
- Other operating charges -€3,021
down €3,021 (-60.8%), from €4,969 to €1,948
- Depreciation +€1,492
up €1,492 (+4.4%), from €33,729 to €35,222
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 | €1,604,148 | €1,839,690 | +€235,543 | +14.7% |
| Fixed assets | 21/28 | €1,269,975 | €1,592,394 | +€322,419 | +25.4% |
| Tangible fixed assets | 22/27 | €1,269,975 | €1,592,394 | +€322,419 | +25.4% |
| Land and buildings | 22 | €1,269,975 | €1,592,394 | +€322,419 | +25.4% |
| Current assets | 29/58 | €334,173 | €247,296 | -€86,877 | -26.0% |
| Stocks and contracts in progress | 3 | €206,853 | €206,853 | = | 0.0% |
| Contracts in progress | 37 | €206,853 | €206,853 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,341 | €1,341 | = | 0.0% |
| Trade receivables | 40 | €1,103 | €1,103 | = | 0.0% |
| Other amounts receivable | 41 | €238 | €238 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €125,478 | €38,531 | -€86,947 | -69.3% |
| Deferred charges and accrued income | 490/1 | €501 | €571 | +€70 | +14.1% |
| Total equity and liabilities | 10/49 | €1,604,148 | €1,839,690 | +€235,543 | +14.7% |
| Equity | 10/15 | -€36,643 | -€3,610 | +€33,033 | +90.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,643 | -€8,610 | +€33,033 | +79.3% |
| Amounts payable | 17/49 | €1,640,790 | €1,843,300 | +€202,510 | +12.3% |
| Amounts payable after more than one year | 17 | €675,000 | €975,000 | +€300,000 | +44.4% |
| Financial debts | 170/4 | €675,000 | €975,000 | +€300,000 | +44.4% |
| Amounts payable within one year | 42/48 | €961,840 | €859,654 | -€102,186 | -10.6% |
| Trade debts | 44 | €43,006 | €1,042 | -€41,964 | -97.6% |
| Suppliers | 440/4 | €43,006 | €1,042 | -€41,964 | -97.6% |
| Other amounts payable | 47/48 | €918,834 | €858,612 | -€60,222 | -6.6% |
| Accrued charges and deferred income | 492/3 | €3,950 | €8,646 | +€4,696 | +118.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,729 | €35,222 | +€1,492 | +4.4% |
| Other operating charges | 640/8 | €4,969 | €1,948 | -€3,021 | -60.8% |
| Gross operating margin | 9900 | €57,710 | €73,418 | +€15,708 | +27.2% |
| Operating profit (loss) | 9901 | €19,012 | €36,249 | +€17,237 | +90.7% |
| Financial income | 75/76B | €122 | - | -€122 | |
| Recurring financial income | 75 | €122 | - | -€122 | |
| Financial charges | 65/66B | €12,824 | €3,216 | -€9,608 | -74.9% |
| Recurring financial charges | 65 | €12,824 | €3,216 | -€9,608 | -74.9% |
| Profit (loss) for the period before taxes | 9903 | €6,310 | €33,033 | +€26,723 | +423.5% |
| Profit (loss) for the period | 9904 | €6,310 | €33,033 | +€26,723 | +423.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,310 | €33,033 | +€26,723 | +423.5% |
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.