DE BAEREM: 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 BAEREM
Largest movements
- Stocks and contracts -€7,607
down €7,607 (-4.5%), from €168,936 to €161,329
- Other debts +€9,053
up €9,053 (+18.6%), from €48,756 to €57,809
- Profit (loss) carried forward -€8,805
down €8,805 (-9,043%), from -€97 to -€8,902
- Tax, wage and social debts -€4,984
down €4,984 (-74.5%), from €6,688 to €1,704
of which Taxes: -€4,104
- Trade debts -€2,982
down €2,982 (-4.5%), from €66,271 to €63,289
- Gross operating margin -€11,050
down €11,050, from €6,473 to -€4,576
- Financial charges -€2,386
down €2,386 (-38.9%), from €6,135 to €3,749
- Staff costs +€1,696
no longer reported in 2025 (was -€1,696)
- Financial income +€809
new in 2025: €809
- Other operating charges -€438
down €438 (-25.4%), from €1,726 to €1,288
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,845 | €166,319 | -€7,527 | -4.3% |
| Current assets | 29/58 | €173,845 | €166,319 | -€7,527 | -4.3% |
| Stocks and contracts in progress | 3 | €168,936 | €161,329 | -€7,607 | -4.5% |
| Stocks | 30/36 | €168,936 | €161,329 | -€7,607 | -4.5% |
| Amounts receivable within one year | 40/41 | €4,910 | €4,990 | +€81 | +1.6% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €4,910 | €4,990 | +€81 | +1.6% |
| Total equity and liabilities | 10/49 | €173,845 | €166,319 | -€7,527 | -4.3% |
| Equity | 10/15 | €27,659 | €18,854 | -€8,805 | -31.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €15,356 | €15,356 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €14,116 | €14,116 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97 | -€8,902 | -€8,805 | -9,043% |
| Amounts payable | 17/49 | €146,187 | €147,465 | +€1,278 | +0.9% |
| Amounts payable within one year | 42/48 | €146,187 | €147,465 | +€1,278 | +0.9% |
| Financial debts | 43 | €24,471 | €24,662 | +€191 | +0.8% |
| Credit institutions | 430/8 | €24,471 | €24,662 | +€191 | +0.8% |
| Trade debts | 44 | €66,271 | €63,289 | -€2,982 | -4.5% |
| Suppliers | 440/4 | €66,271 | €63,289 | -€2,982 | -4.5% |
| Taxes, remuneration and social security | 45 | €6,688 | €1,704 | -€4,984 | -74.5% |
| Taxes | 450/3 | €5,808 | €1,704 | -€4,104 | -70.7% |
| Remuneration and social security | 454/9 | €880 | - | -€880 | |
| Other amounts payable | 47/48 | €48,756 | €57,809 | +€9,053 | +18.6% |
| Remuneration, social security and pensions | 62 | -€1,696 | - | +€1,696 | |
| Other operating charges | 640/8 | €1,726 | €1,288 | -€438 | -25.4% |
| Gross operating margin | 9900 | €6,473 | -€4,576 | -€11,050 | |
| Operating profit (loss) | 9901 | €6,443 | -€5,864 | -€12,307 | |
| Financial income | 75/76B | - | €809 | +€809 | |
| Recurring financial income | 75 | - | €809 | +€809 | |
| Financial charges | 65/66B | €6,135 | €3,749 | -€2,386 | -38.9% |
| Recurring financial charges | 65 | €6,135 | €3,749 | -€2,386 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €308 | -€8,805 | -€9,112 | |
| Income taxes | 67/77 | €405 | - | -€405 | |
| Profit (loss) for the period | 9904 | -€97 | -€8,805 | -€8,707 | -8,943% |
| Profit (loss) for the period to be appropriated | 9905 | -€97 | -€8,805 | -€8,707 | -8,943% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.