BAEYENS CONSULTING: 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.
BAEYENS CONSULTING
Largest movements
- Cash -€21,668
down €21,668 (-36.2%), from €59,843 to €38,174
mainly Contributions, distributions and other (-€71,167) and Debts after one year (-€20,410)
- Tangible fixed assets -€16,003
down €16,003 (-4.5%), from €354,410 to €338,407
of which Land and buildings: -€11,304
- Reserves -€28,500
down €28,500 (-14.9%), from €191,625 to €163,124
- Debts after one year -€20,410
down €20,410 (-14.3%), from €142,943 to €122,533
- Other debts +€10,920
up €10,920 (+17.7%), from €61,672 to €72,593
- Depreciation +€2,379
up €2,379 (+17.5%), from €13,624 to €16,003
- Gross operating margin +€1,543
up €1,543 (+1.9%), from €81,809 to €83,352
- Financial charges -€965
down €965 (-14.9%), from €6,497 to €5,532
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 | €433,853 | €395,481 | -€38,371 | -8.8% |
| Fixed assets | 21/28 | €354,410 | €338,407 | -€16,003 | -4.5% |
| Tangible fixed assets | 22/27 | €354,410 | €338,407 | -€16,003 | -4.5% |
| Land and buildings | 22 | €345,436 | €334,133 | -€11,304 | -3.3% |
| Plant, machinery and equipment | 23 | €258 | - | -€258 | |
| Furniture and vehicles | 24 | €7,422 | €3,450 | -€3,972 | -53.5% |
| Other tangible fixed assets | 26 | €1,294 | €824 | -€470 | -36.3% |
| Current assets | 29/58 | €79,442 | €57,074 | -€22,368 | -28.2% |
| Amounts receivable within one year | 40/41 | €16,211 | €15,863 | -€348 | -2.1% |
| Trade receivables | 40 | €14,913 | €14,913 | = | 0.0% |
| Other amounts receivable | 41 | €1,298 | €950 | -€348 | -26.8% |
| Cash at bank and in hand | 54/58 | €59,843 | €38,174 | -€21,668 | -36.2% |
| Deferred charges and accrued income | 490/1 | €3,388 | €3,037 | -€351 | -10.4% |
| Total equity and liabilities | 10/49 | €433,853 | €395,481 | -€38,371 | -8.8% |
| Equity | 10/15 | €197,825 | €169,324 | -€28,500 | -14.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €191,625 | €163,124 | -€28,500 | -14.9% |
| Distributable reserves | 133 | €191,625 | €163,124 | -€28,500 | -14.9% |
| Amounts payable | 17/49 | €236,028 | €226,157 | -€9,871 | -4.2% |
| Amounts payable after more than one year | 17 | €142,943 | €122,533 | -€20,410 | -14.3% |
| Financial debts | 170/4 | €142,943 | €122,533 | -€20,410 | -14.3% |
| Amounts payable within one year | 42/48 | €93,085 | €102,799 | +€9,714 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €20,788 | €20,410 | -€378 | -1.8% |
| Trade debts | 44 | €993 | €529 | -€464 | -46.7% |
| Suppliers | 440/4 | €993 | €529 | -€464 | -46.7% |
| Taxes, remuneration and social security | 45 | €9,631 | €9,267 | -€364 | -3.8% |
| Taxes | 450/3 | €9,631 | €9,267 | -€364 | -3.8% |
| Other amounts payable | 47/48 | €61,672 | €72,593 | +€10,920 | +17.7% |
| Accrued charges and deferred income | 492/3 | - | €825 | +€825 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,624 | €16,003 | +€2,379 | +17.5% |
| Other operating charges | 640/8 | €2,597 | €2,391 | -€206 | -7.9% |
| Gross operating margin | 9900 | €81,809 | €83,352 | +€1,543 | +1.9% |
| Operating profit (loss) | 9901 | €65,588 | €64,958 | -€631 | -1.0% |
| Financial income | 75/76B | €232 | €82 | -€150 | -64.7% |
| Recurring financial income | 75 | €232 | €82 | -€150 | -64.7% |
| Financial charges | 65/66B | €6,497 | €5,532 | -€965 | -14.9% |
| Recurring financial charges | 65 | €6,497 | €5,532 | -€965 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €59,323 | €59,508 | +€184 | +0.3% |
| Income taxes | 67/77 | €17,003 | €16,841 | -€162 | -1.0% |
| Profit (loss) for the period | 9904 | €42,320 | €42,667 | +€347 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,320 | €42,667 | +€347 | +0.8% |
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 29 October 2026 via checked.be.