Hans Bax Studiebureel: what changed
Hans Bax Studiebureel
Largest movements
- Cash +€72,823
new in 2025: €72,823
mainly Net result for the year (+€51,560) and Current investments (+€22,663)
- Current investments -€22,663
down €22,663 (-14.1%), from €160,803 to €138,140
- Tangible fixed assets -€12,600
down €12,600 (-24.6%), from €51,165 to €38,565
of which Furniture and vehicles: -€12,499
- Receivables within one year +€11,354
up €11,354 (+32.1%), from €35,409 to €46,763
of which Other amounts receivable: +€14,427
- Reserves +€51,560
up €51,560 (+24.5%), from €210,440 to €262,000
- Tax, wage and social debts -€3,191
down €3,191 (-16.2%), from €19,730 to €16,539
- Gross operating margin +€4,888
up €4,888 (+6.0%), from €80,996 to €85,884
- Taxes +€1,657
up €1,657 (+9.0%), from €18,462 to €20,119
- Financial income +€884
new in 2025: €884
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 | €251,587 | €300,895 | +€49,308 | +19.6% |
| Fixed assets | 21/28 | €51,165 | €38,565 | -€12,600 | -24.6% |
| Tangible fixed assets | 22/27 | €51,165 | €38,565 | -€12,600 | -24.6% |
| Plant, machinery and equipment | 23 | - | €1,742 | +€1,742 | |
| Furniture and vehicles | 24 | €45,907 | €33,408 | -€12,499 | -27.2% |
| Other tangible fixed assets | 26 | €5,258 | €3,415 | -€1,843 | -35.0% |
| Current assets | 29/58 | €200,422 | €262,329 | +€61,907 | +30.9% |
| Amounts receivable within one year | 40/41 | €35,409 | €46,763 | +€11,354 | +32.1% |
| Trade receivables | 40 | €34,836 | €31,763 | -€3,073 | -8.8% |
| Other amounts receivable | 41 | €573 | €15,000 | +€14,427 | +2,517% |
| Current investments | 50/53 | €160,803 | €138,140 | -€22,663 | -14.1% |
| Cash at bank and in hand | 54/58 | - | €72,823 | +€72,823 | |
| Deferred charges and accrued income | 490/1 | €4,210 | €4,604 | +€393 | +9.3% |
| Total equity and liabilities | 10/49 | €251,587 | €300,895 | +€49,308 | +19.6% |
| Equity | 10/15 | €216,640 | €268,200 | +€51,560 | +23.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €210,440 | €262,000 | +€51,560 | +24.5% |
| Distributable reserves | 133 | €210,440 | €262,000 | +€51,560 | +24.5% |
| Amounts payable | 17/49 | €34,947 | €32,695 | -€2,252 | -6.4% |
| Amounts payable within one year | 42/48 | €34,947 | €32,695 | -€2,252 | -6.4% |
| Trade debts | 44 | €1,517 | €1,421 | -€96 | -6.4% |
| Suppliers | 440/4 | €1,517 | €1,421 | -€96 | -6.4% |
| Taxes, remuneration and social security | 45 | €19,730 | €16,539 | -€3,191 | -16.2% |
| Taxes | 450/3 | €19,730 | €16,539 | -€3,191 | -16.2% |
| Other amounts payable | 47/48 | €13,700 | €14,735 | +€1,035 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,460 | €14,393 | -€67 | -0.5% |
| Other operating charges | 640/8 | €554 | €574 | +€20 | +3.6% |
| Gross operating margin | 9900 | €80,996 | €85,884 | +€4,888 | +6.0% |
| Operating profit (loss) | 9901 | €65,982 | €70,917 | +€4,935 | +7.5% |
| Financial income | 75/76B | - | €884 | +€884 | |
| Recurring financial income | 75 | - | €884 | +€884 | |
| Financial charges | 65/66B | €276 | €122 | -€154 | -55.7% |
| Recurring financial charges | 65 | €136 | €122 | -€14 | -10.1% |
| Non-recurring financial charges | 66B | €140 | - | -€140 | |
| Profit (loss) for the period before taxes | 9903 | €65,706 | €71,679 | +€5,973 | +9.1% |
| Income taxes | 67/77 | €18,462 | €20,119 | +€1,657 | +9.0% |
| Profit (loss) for the period | 9904 | €47,244 | €51,560 | +€4,316 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,244 | €51,560 | +€4,316 | +9.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.