Baron Immo & Consult: 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.
Baron Immo & Consult
Largest movements
- Receivables within one year +€7,736
up €7,736 (+66.2%), from €11,687 to €19,424
of which Trade receivables: +€7,723
- Cash +€7,322
up €7,322 (+16.9%), from €43,416 to €50,738
mainly Net result for the year (+€30,776) and Depreciation (+€6,032)
- Tangible fixed assets -€6,032
down €6,032 (-69.8%), from €8,638 to €2,606
- Deferred charges and accrued income +€2,924
up €2,924 (+114%), from €2,564 to €5,488
- Reserves +€4,818
up €4,818 (+5.7%), from €84,566 to €89,383
- Trade debts +€4,335
up €4,335 (+4,669%), from €93 to €4,427
- Tax, wage and social debts +€3,228
up €3,228 (+26.4%), from €12,208 to €15,436
- Gross operating margin +€22,767
up €22,767 (+73.7%), from €30,878 to €53,645
- Taxes +€7,212
up €7,212 (+83.4%), from €8,647 to €15,859
- Depreciation -€908
down €908 (-13.1%), from €6,940 to €6,032
- Financial charges +€580
up €580 (+405%), from €143 to €724
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 | €129,306 | €141,255 | +€11,950 | +9.2% |
| Fixed assets | 21/28 | €71,638 | €65,606 | -€6,032 | -8.4% |
| Tangible fixed assets | 22/27 | €8,638 | €2,606 | -€6,032 | -69.8% |
| Land and buildings | 22 | €8,638 | €2,606 | -€6,032 | -69.8% |
| Financial fixed assets | 28 | €63,000 | €63,000 | = | 0.0% |
| Current assets | 29/58 | €57,668 | €75,649 | +€17,982 | +31.2% |
| Amounts receivable within one year | 40/41 | €11,687 | €19,424 | +€7,736 | +66.2% |
| Trade receivables | 40 | €11,687 | €19,410 | +€7,723 | +66.1% |
| Other amounts receivable | 41 | - | €14 | +€14 | |
| Cash at bank and in hand | 54/58 | €43,416 | €50,738 | +€7,322 | +16.9% |
| Deferred charges and accrued income | 490/1 | €2,564 | €5,488 | +€2,924 | +114% |
| Total equity and liabilities | 10/49 | €129,306 | €141,255 | +€11,950 | +9.2% |
| Equity | 10/15 | €87,066 | €91,883 | +€4,818 | +5.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €84,566 | €89,383 | +€4,818 | +5.7% |
| Distributable reserves | 133 | €84,566 | €89,383 | +€4,818 | +5.7% |
| Amounts payable | 17/49 | €42,240 | €49,372 | +€7,132 | +16.9% |
| Amounts payable within one year | 42/48 | €40,465 | €47,847 | +€7,382 | +18.2% |
| Trade debts | 44 | €93 | €4,427 | +€4,335 | +4,669% |
| Suppliers | 440/4 | €93 | €4,427 | +€4,335 | +4,669% |
| Taxes, remuneration and social security | 45 | €12,208 | €15,436 | +€3,228 | +26.4% |
| Taxes | 450/3 | €12,208 | €15,436 | +€3,228 | +26.4% |
| Other amounts payable | 47/48 | €28,164 | €27,984 | -€180 | -0.6% |
| Accrued charges and deferred income | 492/3 | €1,775 | €1,525 | -€251 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,940 | €6,032 | -€908 | -13.1% |
| Other operating charges | 640/8 | €252 | €255 | +€3 | +1.0% |
| Gross operating margin | 9900 | €30,878 | €53,645 | +€22,767 | +73.7% |
| Operating profit (loss) | 9901 | €23,685 | €47,358 | +€23,673 | +99.9% |
| Financial charges | 65/66B | €143 | €724 | +€580 | +405% |
| Recurring financial charges | 65 | €143 | €724 | +€580 | +405% |
| Profit (loss) for the period before taxes | 9903 | €23,542 | €46,635 | +€23,093 | +98.1% |
| Income taxes | 67/77 | €8,647 | €15,859 | +€7,212 | +83.4% |
| Profit (loss) for the period | 9904 | €14,895 | €30,776 | +€15,881 | +107% |
| Profit (loss) for the period to be appropriated | 9905 | €14,895 | €30,776 | +€15,881 | +107% |
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 26 October 2026 via checked.be.