Banen & De Weg: what changed
Banen & De Weg
Largest movements
- Cash +€62,308
up €62,308 (+277%), from €22,511 to €84,819
mainly Other debts (+€183,602) and Net result for the year (+€117,493)
- Tangible fixed assets -€35,685
down €35,685 (-8.0%), from €443,426 to €407,741
of which Land and buildings: -€25,666
- Profit (loss) carried forward -€237,957
down €237,957 (-100%), from €237,957 to €0
- Other debts +€183,602
up €183,602 (+747%), from €24,581 to €208,183
- Reserves +€117,493
up €117,493 (+397,069%), from €30 to €117,522
of which Distributable reserves: +€117,493
- Debts after one year -€27,201
down €27,201 (-10.4%), from €262,043 to €234,843
of which Financial debts: -€27,201
- Tax, wage and social debts -€6,403
down €6,403 (-88.7%), from €7,222 to €820
of which Remuneration and social security: -€3,330
- Gross operating margin +€63,450
up €63,450 (+45.6%), from €139,102 to €202,552
- Taxes +€21,084
up €21,084 (+109%), from €19,257 to €40,341
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 | €587,349 | €610,541 | +€23,192 | +3.9% |
| Fixed assets | 21/28 | €495,020 | €459,335 | -€35,685 | -7.2% |
| Tangible fixed assets | 22/27 | €443,426 | €407,741 | -€35,685 | -8.0% |
| Land and buildings | 22 | €428,947 | €403,281 | -€25,666 | -6.0% |
| Plant, machinery and equipment | 23 | €1,170 | €770 | -€400 | -34.2% |
| Leasing and similar rights | 25 | €13,309 | €3,690 | -€9,619 | -72.3% |
| Financial fixed assets | 28 | €51,594 | €51,594 | = | 0.0% |
| Current assets | 29/58 | €92,329 | €151,206 | +€58,878 | +63.8% |
| Amounts receivable within one year | 40/41 | €67,348 | €65,649 | -€1,699 | -2.5% |
| Trade receivables | 40 | €57,227 | €56,400 | -€827 | -1.4% |
| Other amounts receivable | 41 | €10,121 | €9,249 | -€872 | -8.6% |
| Cash at bank and in hand | 54/58 | €22,511 | €84,819 | +€62,308 | +277% |
| Deferred charges and accrued income | 490/1 | €2,470 | €739 | -€1,731 | -70.1% |
| Total equity and liabilities | 10/49 | €587,349 | €610,541 | +€23,192 | +3.9% |
| Equity | 10/15 | €256,587 | €136,122 | -€120,465 | -46.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30 | €117,522 | +€117,493 | +397,069% |
| Tax-exempt reserves | 132 | €30 | €30 | = | 0.0% |
| Distributable reserves | 133 | - | €117,493 | +€117,493 | |
| Profit (loss) carried forward | 14 | €237,957 | €0 | -€237,957 | -100% |
| Amounts payable | 17/49 | €330,762 | €474,419 | +€143,657 | +43.4% |
| Amounts payable after more than one year | 17 | €262,043 | €234,843 | -€27,201 | -10.4% |
| Financial debts | 170/4 | €262,043 | €234,843 | -€27,201 | -10.4% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €65,997 | €236,806 | +€170,809 | +259% |
| Current portion of amounts payable after more than one year | 42 | €32,785 | €27,201 | -€5,584 | -17.0% |
| Trade debts | 44 | €1,409 | €604 | -€806 | -57.2% |
| Suppliers | 440/4 | €1,409 | €604 | -€806 | -57.2% |
| Taxes, remuneration and social security | 45 | €7,222 | €820 | -€6,403 | -88.7% |
| Taxes | 450/3 | €3,893 | €820 | -€3,073 | -78.9% |
| Remuneration and social security | 454/9 | €3,330 | €0 | -€3,330 | -100% |
| Other amounts payable | 47/48 | €24,581 | €208,183 | +€183,602 | +747% |
| Accrued charges and deferred income | 492/3 | €2,722 | €2,770 | +€48 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,685 | €35,685 | = | 0.0% |
| Other operating charges | 640/8 | €4,715 | €5,283 | +€568 | +12.0% |
| Gross operating margin | 9900 | €139,102 | €202,552 | +€63,450 | +45.6% |
| Operating profit (loss) | 9901 | €98,702 | €161,584 | +€62,882 | +63.7% |
| Financial income | 75/76B | €7 | €0 | -€7 | -100% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100% |
| Financial charges | 65/66B | €4,247 | €3,750 | -€497 | -11.7% |
| Recurring financial charges | 65 | €4,247 | €3,750 | -€497 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €94,461 | €157,834 | +€63,373 | +67.1% |
| Income taxes | 67/77 | €19,257 | €40,341 | +€21,084 | +109% |
| Profit (loss) for the period | 9904 | €75,204 | €117,493 | +€42,289 | +56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €75,204 | €117,493 | +€42,289 | +56.2% |
Next steps
Calculation and sources
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 7 November 2026 via checked.be.