DE BAAN: 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.
DE BAAN
Largest movements
- Cash +€112,680
up €112,680 (+105%), from €107,740 to €220,420
mainly Stocks and contracts (+€80,500) and Net result for the year (+€30,436)
- Stocks and contracts -€80,500
down €80,500 (-84.3%), from €95,450 to €14,950
- Receivables within one year -€25,702
down €25,702 (-57.2%), from €44,927 to €19,225
of which Trade receivables: -€25,099
- Tangible fixed assets -€11,668
down €11,668 (-34.3%), from €34,061 to €22,393
of which Furniture and vehicles: -€10,937
- Reserves +€30,436
up €30,436 (+18.7%), from €162,866 to €193,302
- Trade debts -€20,941
down €20,941 (-93.1%), from €22,502 to €1,562
- Debts after one year -€9,983
down €9,983 (-49.0%), from €20,382 to €10,399
- Tax, wage and social debts -€2,970
down €2,970 (-36.1%), from €8,222 to €5,252
of which Taxes: -€2,970
- Gross operating margin +€50,821
up €50,821, from -€3,082 to €47,739
- Taxes +€2,846
up €2,846 (+700%), from €407 to €3,252
- Financial charges -€1,025
down €1,025 (-37.2%), from €2,754 to €1,729
- Financial income -€875
down €875 (-80.6%), from €1,086 to €210
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 | €282,177 | €276,987 | -€5,190 | -1.8% |
| Fixed assets | 21/28 | €34,061 | €22,393 | -€11,668 | -34.3% |
| Tangible fixed assets | 22/27 | €34,061 | €22,393 | -€11,668 | -34.3% |
| Plant, machinery and equipment | 23 | €731 | €0 | -€731 | -100% |
| Furniture and vehicles | 24 | €33,329 | €22,393 | -€10,937 | -32.8% |
| Current assets | 29/58 | €248,116 | €254,594 | +€6,478 | +2.6% |
| Stocks and contracts in progress | 3 | €95,450 | €14,950 | -€80,500 | -84.3% |
| Contracts in progress | 37 | €95,450 | €14,950 | -€80,500 | -84.3% |
| Amounts receivable within one year | 40/41 | €44,927 | €19,225 | -€25,702 | -57.2% |
| Trade receivables | 40 | €44,323 | €19,225 | -€25,099 | -56.6% |
| Other amounts receivable | 41 | €603 | €0 | -€603 | -100% |
| Cash at bank and in hand | 54/58 | €107,740 | €220,420 | +€112,680 | +105% |
| Total equity and liabilities | 10/49 | €282,177 | €276,987 | -€5,190 | -1.8% |
| Equity | 10/15 | €182,866 | €213,302 | +€30,436 | +16.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €162,866 | €193,302 | +€30,436 | +18.7% |
| Distributable reserves | 133 | €162,866 | €193,302 | +€30,436 | +18.7% |
| Amounts payable | 17/49 | €99,311 | €63,685 | -€35,626 | -35.9% |
| Amounts payable after more than one year | 17 | €20,382 | €10,399 | -€9,983 | -49.0% |
| Financial debts | 170/4 | €20,382 | €10,399 | -€9,983 | -49.0% |
| Amounts payable within one year | 42/48 | €78,029 | €53,286 | -€24,743 | -31.7% |
| Current portion of amounts payable after more than one year | 42 | €9,584 | €9,983 | +€399 | +4.2% |
| Trade debts | 44 | €22,502 | €1,562 | -€20,941 | -93.1% |
| Suppliers | 440/4 | €22,502 | €1,562 | -€20,941 | -93.1% |
| Taxes, remuneration and social security | 45 | €8,222 | €5,252 | -€2,970 | -36.1% |
| Taxes | 450/3 | €8,222 | €5,252 | -€2,970 | -36.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €37,720 | €36,490 | -€1,231 | -3.3% |
| Accrued charges and deferred income | 492/3 | €900 | €0 | -€900 | -100% |
| Non-recurring operating income | 76A | €19,160 | €3,568 | -€15,592 | -81.4% |
| Remuneration, social security and pensions | 62 | €141 | €0 | -€141 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,731 | €11,668 | -€63 | -0.5% |
| Other operating charges | 640/8 | €1,040 | €865 | -€175 | -16.8% |
| Gross operating margin | 9900 | -€3,082 | €47,739 | +€50,821 | |
| Operating profit (loss) | 9901 | -€15,994 | €35,207 | +€51,201 | |
| Financial income | 75/76B | €1,086 | €210 | -€875 | -80.6% |
| Recurring financial income | 75 | €1,086 | €210 | -€875 | -80.6% |
| Financial charges | 65/66B | €2,754 | €1,729 | -€1,025 | -37.2% |
| Recurring financial charges | 65 | €2,754 | €1,729 | -€1,025 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,662 | €33,688 | +€51,350 | |
| Income taxes | 67/77 | €407 | €3,252 | +€2,846 | +700% |
| Profit (loss) for the period | 9904 | -€18,068 | €30,436 | +€48,504 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,068 | €30,436 | +€48,504 |
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 18 October 2026 via checked.be.