BAETEN CREATIONS: 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.
BAETEN CREATIONS
Largest movements
- Receivables within one year -€2,392
down €2,392 (-15.3%), from €15,586 to €13,194
of which Other amounts receivable: -€1,953
- Tangible fixed assets -€1,682
down €1,682 (-22.8%), from €7,374 to €5,692
of which Other tangible fixed assets: -€1,916
- Reserves -€12,567
down €12,567 (-44.3%), from €28,357 to €15,790
- Other debts +€8,869
up €8,869 (+16.3%), from €54,333 to €63,203
- Tax, wage and social debts +€5,848
up €5,848 (+67.0%), from €8,724 to €14,572
of which Taxes: +€5,848
- Accrued charges and deferred income -€5,704
down €5,704 (-76.4%), from €7,465 to €1,761
- Gross operating margin +€3,128
up €3,128 (+4.0%), from €78,786 to €81,914
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,108 | €97,799 | -€4,310 | -4.2% |
| Fixed assets | 21/28 | €7,374 | €5,692 | -€1,682 | -22.8% |
| Tangible fixed assets | 22/27 | €7,374 | €5,692 | -€1,682 | -22.8% |
| Plant, machinery and equipment | 23 | €2,465 | €2,156 | -€309 | -12.5% |
| Furniture and vehicles | 24 | €707 | €1,251 | +€543 | +76.8% |
| Other tangible fixed assets | 26 | €4,201 | €2,285 | -€1,916 | -45.6% |
| Current assets | 29/58 | €94,735 | €92,107 | -€2,628 | -2.8% |
| Amounts receivable within one year | 40/41 | €15,586 | €13,194 | -€2,392 | -15.3% |
| Trade receivables | 40 | €13,231 | €12,793 | -€438 | -3.3% |
| Other amounts receivable | 41 | €2,355 | €402 | -€1,953 | -82.9% |
| Cash at bank and in hand | 54/58 | €77,007 | €76,761 | -€246 | -0.3% |
| Deferred charges and accrued income | 490/1 | €2,142 | €2,152 | +€9 | +0.4% |
| Total equity and liabilities | 10/49 | €102,108 | €97,799 | -€4,310 | -4.2% |
| Equity | 10/15 | €30,357 | €17,790 | -€12,567 | -41.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €28,357 | €15,790 | -€12,567 | -44.3% |
| Distributable reserves | 133 | €28,357 | €15,790 | -€12,567 | -44.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €71,752 | €80,009 | +€8,257 | +11.5% |
| Amounts payable within one year | 42/48 | €64,287 | €78,248 | +€13,961 | +21.7% |
| Trade debts | 44 | €1,229 | €473 | -€756 | -61.5% |
| Suppliers | 440/4 | €1,229 | €473 | -€756 | -61.5% |
| Taxes, remuneration and social security | 45 | €8,724 | €14,572 | +€5,848 | +67.0% |
| Taxes | 450/3 | €6,494 | €12,342 | +€5,848 | +90.0% |
| Remuneration and social security | 454/9 | €2,230 | €2,230 | = | 0.0% |
| Other amounts payable | 47/48 | €54,333 | €63,203 | +€8,869 | +16.3% |
| Accrued charges and deferred income | 492/3 | €7,465 | €1,761 | -€5,704 | -76.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,904 | €3,547 | -€357 | -9.2% |
| Other operating charges | 640/8 | €644 | €939 | +€296 | +46.0% |
| Gross operating margin | 9900 | €78,786 | €81,914 | +€3,128 | +4.0% |
| Operating profit (loss) | 9901 | €74,238 | €77,428 | +€3,190 | +4.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €237 | €291 | +€54 | +22.8% |
| Recurring financial charges | 65 | €237 | €291 | +€54 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €74,002 | €77,137 | +€3,136 | +4.2% |
| Income taxes | 67/77 | €15,645 | €16,348 | +€702 | +4.5% |
| Profit (loss) for the period | 9904 | €58,357 | €60,790 | +€2,433 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,357 | €60,790 | +€2,433 | +4.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.