BAETENS ROBIN: 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.
BAETENS ROBIN
Largest movements
- Receivables within one year -€36,034
down €36,034 (-25.5%), from €141,374 to €105,340
of which Trade receivables: -€19,557
- Tax, wage and social debts -€41,596
down €41,596 (-56.4%), from €73,687 to €32,091
of which Taxes: -€45,181
- Other debts -€15,499
down €15,499 (-36.9%), from €42,000 to €26,501
- Trade debts +€13,999
up €13,999 (+16.4%), from €85,477 to €99,475
- Gross operating margin -€28,652
down €28,652 (-13.4%), from €213,488 to €184,836
- Staff costs +€21,763
up €21,763 (+15.8%), from €138,088 to €159,851
- Financial income +€18,412
new in 2024: €18,412
of which Financial income: +€18,412
- Financial charges -€4,175
down €4,175 (-15.1%), from €27,717 to €23,542
of which Non-recurring financial charges: -€7,858
- Write-downs -€2,609
no longer reported in 2024 (was €2,609)
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €255,019 | €214,397 | -€40,622 | -15.9% |
| Fixed assets | 21/28 | €23,312 | €21,606 | -€1,706 | -7.3% |
| Tangible fixed assets | 22/27 | €23,177 | €21,471 | -€1,706 | -7.4% |
| Land and buildings | 22 | €6,446 | €5,822 | -€623 | -9.7% |
| Plant, machinery and equipment | 23 | €16,158 | €15,282 | -€876 | -5.4% |
| Furniture and vehicles | 24 | €573 | €367 | -€207 | -36.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €231,707 | €192,791 | -€38,916 | -16.8% |
| Amounts receivable after more than one year | 29 | €2,500 | - | -€2,500 | |
| Trade receivables | 290 | €2,500 | - | -€2,500 | |
| Stocks and contracts in progress | 3 | €80,102 | €80,099 | -€3 | 0.0% |
| Stocks | 30/36 | €80,102 | €80,099 | -€3 | 0.0% |
| Amounts receivable within one year | 40/41 | €141,374 | €105,340 | -€36,034 | -25.5% |
| Trade receivables | 40 | €124,897 | €105,340 | -€19,557 | -15.7% |
| Other amounts receivable | 41 | €16,477 | - | -€16,477 | |
| Deferred charges and accrued income | 490/1 | €7,731 | €7,352 | -€379 | -4.9% |
| Total equity and liabilities | 10/49 | €255,019 | €214,397 | -€40,622 | -15.9% |
| Equity | 10/15 | €39,262 | €41,681 | +€2,419 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,493 | €21,493 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,633 | €19,633 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€830 | €1,588 | +€2,419 | |
| Amounts payable | 17/49 | €215,757 | €172,716 | -€43,041 | -19.9% |
| Amounts payable within one year | 42/48 | €215,006 | €172,425 | -€42,581 | -19.8% |
| Financial debts | 43 | €13,842 | €14,357 | +€515 | +3.7% |
| Credit institutions | 430/8 | €13,842 | €14,357 | +€515 | +3.7% |
| Trade debts | 44 | €85,477 | €99,475 | +€13,999 | +16.4% |
| Suppliers | 440/4 | €85,477 | €99,475 | +€13,999 | +16.4% |
| Taxes, remuneration and social security | 45 | €73,687 | €32,091 | -€41,596 | -56.4% |
| Taxes | 450/3 | €62,250 | €17,069 | -€45,181 | -72.6% |
| Remuneration and social security | 454/9 | €11,437 | €15,022 | +€3,585 | +31.3% |
| Other amounts payable | 47/48 | €42,000 | €26,501 | -€15,499 | -36.9% |
| Accrued charges and deferred income | 492/3 | €751 | €291 | -€460 | -61.3% |
| Remuneration, social security and pensions | 62 | €138,088 | €159,851 | +€21,763 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,473 | €10,232 | -€2,241 | -18.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,609 | - | -€2,609 | |
| Other operating charges | 640/8 | €2,525 | €3,956 | +€1,431 | +56.7% |
| Gross operating margin | 9900 | €213,488 | €184,836 | -€28,652 | -13.4% |
| Operating profit (loss) | 9901 | €57,793 | €10,797 | -€46,996 | -81.3% |
| Financial income | 75/76B | - | €18,412 | +€18,412 | |
| Recurring financial income | 75 | - | €18,412 | +€18,412 | |
| Non-recurring financial income | 76B | - | €18,412 | +€18,412 | |
| Financial charges | 65/66B | €27,717 | €23,542 | -€4,175 | -15.1% |
| Recurring financial charges | 65 | €15,685 | €19,369 | +€3,683 | +23.5% |
| Non-recurring financial charges | 66B | €12,032 | €4,173 | -€7,858 | -65.3% |
| Profit (loss) for the period before taxes | 9903 | €30,076 | €5,668 | -€24,409 | -81.2% |
| Income taxes | 67/77 | €5,325 | €3,249 | -€2,076 | -39.0% |
| Profit (loss) for the period | 9904 | €24,752 | €2,419 | -€22,333 | -90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,752 | €2,419 | -€22,333 | -90.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.