BAEYEN MANAGEMENT & ADVICES: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
BAEYEN MANAGEMENT & ADVICES
Largest movements
- Cash +€5,694
up €5,694 (+374%), from €1,524 to €7,218
mainly Debts after one year (+€14,100) and Current portion of long-term debt (+€581)
- Debts after one year +€14,100
up €14,100 (+3.7%), from €380,999 to €395,099
of which Other amounts payable: +€30,000
- Profit (loss) carried forward -€8,494
down €8,494 (-59.5%), from -€14,279 to -€22,773
- Financial charges -€1,914
down €1,914 (-22.0%), from €8,702 to €6,787
- Gross operating margin -€94
down €94 (-8.2%), from -€1,147 to -€1,241
- Other operating charges +€14
up €14 (+3.2%), from €451 to €465
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €388,598 | €394,534 | +€5,936 | +1.5% |
| Fixed assets | 21/28 | €326,250 | €326,250 | = | 0.0% |
| Financial fixed assets | 28 | €326,250 | €326,250 | = | 0.0% |
| Current assets | 29/58 | €62,348 | €68,284 | +€5,936 | +9.5% |
| Amounts receivable within one year | 40/41 | €60,469 | €61,066 | +€598 | +1.0% |
| Trade receivables | 40 | - | €427 | +€427 | |
| Other amounts receivable | 41 | €60,469 | €60,640 | +€171 | +0.3% |
| Cash at bank and in hand | 54/58 | €1,524 | €7,218 | +€5,694 | +374% |
| Deferred charges and accrued income | 490/1 | €356 | - | -€356 | |
| Total equity and liabilities | 10/49 | €388,598 | €394,534 | +€5,936 | +1.5% |
| Equity | 10/15 | -€11,779 | -€20,273 | -€8,494 | -72.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,279 | -€22,773 | -€8,494 | -59.5% |
| Amounts payable | 17/49 | €400,377 | €414,807 | +€14,430 | +3.6% |
| Amounts payable after more than one year | 17 | €380,999 | €395,099 | +€14,100 | +3.7% |
| Financial debts | 170/4 | €180,999 | €165,099 | -€15,900 | -8.8% |
| Other amounts payable | 178/9 | €200,000 | €230,000 | +€30,000 | +15.0% |
| Amounts payable within one year | 42/48 | €19,378 | €19,708 | +€330 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €16,620 | €17,201 | +€581 | +3.5% |
| Trade debts | 44 | €387 | €71 | -€316 | -81.6% |
| Suppliers | 440/4 | €387 | €71 | -€316 | -81.6% |
| Other amounts payable | 47/48 | €2,371 | €2,436 | +€66 | +2.8% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | -€1,147 | -€1,241 | -€94 | -8.2% |
| Operating profit (loss) | 9901 | -€1,598 | -€1,706 | -€108 | -6.8% |
| Financial charges | 65/66B | €8,702 | €6,787 | -€1,914 | -22.0% |
| Recurring financial charges | 65 | €8,702 | €6,787 | -€1,914 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,300 | -€8,494 | +€1,806 | +17.5% |
| Profit (loss) for the period | 9904 | -€10,300 | -€8,494 | +€1,806 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,300 | -€8,494 | +€1,806 | +17.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.