BASE DE BARONVILLE: what changed
What changed
BASE DE BARONVILLE
NACE 33.200, Installation of industrial machinery and equipment
filed annual accounts (NBB)
Net result for the year
€603,037
2024 · €430,674+€172,363
Equity
€2.5m
2024 · €1.9m+€603,037
Cash
€1.1m
2024 · €674,228+€445,999
Balance sheet total
€2.9m
2024 · €2.5m+€476,736
Largest movements
Assets
- Cash +€445,999
up €445,999 (+66.1%), from €674,228 to €1.1m
mainly Net result for the year (+€603,037) and Depreciation (+€327,733)
- Deferred charges and accrued income +€79,533
up €79,533 (+816%), from €9,742 to €89,275
- Receivables within one year -€63,729
down €63,729 (-13.6%), from €469,254 to €405,525
of which Trade receivables: -€70,150
Equity and liabilities
- Profit (loss) carried forward +€603,037
up €603,037 (+126%), from €477,798 to €1.1m
- Current portion of long-term debt -€187,500
down €187,500 (-60.0%), from €312,500 to €125,000
- Trade debts +€101,428
up €101,428 (+71.1%), from €142,636 to €244,064
- Debts after one year -€62,500
down €62,500 (-100%), from €62,500 to €0
Income statement
- Gross operating margin +€300,003
up €300,003 (+17.8%), from €1.7m to €2.0m
- Taxes +€83,976
up €83,976 (+59.5%), from €141,021 to €224,998
- Depreciation +€26,217
up €26,217 (+8.7%), from €301,516 to €327,733
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.
Result 2024
€430,674
Gross operating margin
+€300,003
Staff costs
-€19,118
Depreciation
-€26,217
Other operating charges
-€2,840
Financial charges
+€4,510
Taxes
-€83,976
Result 2025
€603,037
raises the resultlowers the result
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.
From operations
+€1.0m
Investment
-€343,208
Financing
-€250,000
Cash 2024
€674,228
From operations (derived)
+€1.0m
Net result for the year
+€603,037
Depreciation
+€327,733
Smaller working-capital items
+€168
Receivables within one year
+€63,729
Deferred charges and accrued income
-€79,533
Trade debts
+€101,428
Tax, wage and social debts
+€22,645
Investment (derived)
-€343,208
Investment in fixed assets (net)
-€343,208
Financing
-€250,000
Debts after one year
-€62,500
Current portion of long-term debt
-€187,500
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,469,834 | €2,946,570 | +€476,736 | +19.3% |
| Fixed assets | 21/28 | €1,315,838 | €1,331,313 | +€15,476 | +1.2% |
| Intangible fixed assets | 21 | €42,039 | €56,045 | +€14,006 | +33.3% |
| Tangible fixed assets | 22/27 | €1,273,798 | €1,275,268 | +€1,470 | +0.1% |
| Land and buildings | 22 | €150,693 | €139,398 | -€11,295 | -7.5% |
| Plant, machinery and equipment | 23 | €925,183 | €952,906 | +€27,723 | +3.0% |
| Furniture and vehicles | 24 | €17,110 | €12,060 | -€5,049 | -29.5% |
| Other tangible fixed assets | 26 | €180,813 | €170,903 | -€9,910 | -5.5% |
| Current assets | 29/58 | €1,153,997 | €1,615,257 | +€461,260 | +40.0% |
| Stocks and contracts in progress | 3 | €772 | €230 | -€542 | -70.2% |
| Stocks | 30/36 | €772 | €230 | -€542 | -70.2% |
| Amounts receivable within one year | 40/41 | €469,254 | €405,525 | -€63,729 | -13.6% |
| Trade receivables | 40 | €397,838 | €327,688 | -€70,150 | -17.6% |
| Other amounts receivable | 41 | €71,416 | €77,837 | +€6,421 | +9.0% |
| Cash at bank and in hand | 54/58 | €674,228 | €1,120,227 | +€445,999 | +66.1% |
| Deferred charges and accrued income | 490/1 | €9,742 | €89,275 | +€79,533 | +816% |
| Total equity and liabilities | 10/49 | €2,469,834 | €2,946,570 | +€476,736 | +19.3% |
| Equity | 10/15 | €1,852,798 | €2,455,835 | +€603,037 | +32.5% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Capital | 10 | €1,250,000 | €1,250,000 | = | 0.0% |
| Issued capital | 100 | €1,250,000 | €1,250,000 | = | 0.0% |
| Reserves | 13 | €125,000 | €125,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €125,000 | €125,000 | = | 0.0% |
| Legal reserve | 130 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €477,798 | €1,080,835 | +€603,037 | +126% |
| Amounts payable | 17/49 | €617,037 | €490,736 | -€126,301 | -20.5% |
| Amounts payable after more than one year | 17 | €62,500 | €0 | -€62,500 | -100% |
| Financial debts | 170/4 | €62,500 | €0 | -€62,500 | -100% |
| Amounts payable within one year | 42/48 | €554,537 | €490,736 | -€63,801 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €312,500 | €125,000 | -€187,500 | -60.0% |
| Trade debts | 44 | €142,636 | €244,064 | +€101,428 | +71.1% |
| Suppliers | 440/4 | €142,636 | €244,064 | +€101,428 | +71.1% |
| Taxes, remuneration and social security | 45 | €98,869 | €121,514 | +€22,645 | +22.9% |
| Taxes | 450/3 | - | €1,204 | +€1,204 | |
| Remuneration and social security | 454/9 | €98,869 | €120,310 | +€21,441 | +21.7% |
| Other amounts payable | 47/48 | €532 | €157 | -€374 | -70.4% |
| Remuneration, social security and pensions | 62 | €672,563 | €691,681 | +€19,118 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €301,516 | €327,733 | +€26,217 | +8.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €123,653 | €126,493 | +€2,840 | +2.3% |
| Gross operating margin | 9900 | €1,686,181 | €1,986,184 | +€300,003 | +17.8% |
| Operating profit (loss) | 9901 | €588,449 | €840,278 | +€251,829 | +42.8% |
| Financial charges | 65/66B | €16,753 | €12,243 | -€4,510 | -26.9% |
| Recurring financial charges | 65 | €16,753 | €12,243 | -€4,510 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €571,696 | €828,035 | +€256,339 | +44.8% |
| Income taxes | 67/77 | €141,021 | €224,998 | +€83,976 | +59.5% |
| Profit (loss) for the period | 9904 | €430,674 | €603,037 | +€172,363 | +40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €430,674 | €603,037 | +€172,363 | +40.0% |
Next steps
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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 5 November 2026 via checked.be.