KANTOOR BAES: what changed
What changed
KANTOOR BAES
NACE 66.191, Agents and brokers in banking services
filed annual accounts (NBB)
Net result for the year
€259,152
2024 · €308,383-€49,231
Equity
€1.1m
2024 · €1.1m-€91,681
Cash
€595,219
2024 · €88,961+€506,258
Balance sheet total
€1.5m
2024 · €1.4m+€112,440
Largest movements
Assets
- Cash +€506,258
up €506,258 (+569%), from €88,961 to €595,219
mainly Current investments (+€397,179) and Net result for the year (+€259,152)
- Current investments -€397,179
down €397,179 (-33.5%), from €1.2m to €789,466
Equity and liabilities
- Other debts +€242,179
up €242,179 (+190%), from €127,643 to €369,822
- Reserves -€91,681
down €91,681 (-9.2%), from €998,113 to €906,432
- Tax, wage and social debts -€24,388
down €24,388 (-61.4%), from €39,743 to €15,355
of which Taxes: -€36,929
Income statement
- Gross operating margin -€103,922
down €103,922 (-21.1%), from €491,491 to €387,569
- Taxes -€64,186
down €64,186 (-45.6%), from €140,676 to €76,490
- Staff costs +€40,987
up €40,987 (+363%), from €11,300 to €52,287
- Financial income +€26,798
up €26,798 (+862%), from €3,109 to €29,907
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
€308,383
Gross operating margin
-€103,922
Staff costs
-€40,987
Depreciation
+€4,791
Other operating charges
+€695
Financial income
+€26,798
Financial charges
-€792
Taxes
+€64,186
Result 2025
€259,152
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
+€484,050
Investment
+€388,999
Financing
-€366,791
Cash 2024
€88,961
From operations (derived)
+€484,050
Net result for the year
+€259,152
Depreciation
+€22,432
Receivables within one year
-€12,482
Deferred charges and accrued income
-€5,131
Trade debts
+€4,638
Tax, wage and social debts
-€24,388
Other debts
+€242,179
Accrued charges and deferred income
-€2,350
Investment (derived)
+€388,999
Investment in fixed assets (net)
-€8,180
Current investments
+€397,179
Financing
-€366,791
Debts after one year
-€9,959
Current portion of long-term debt
-€5,999
Contributions, distributions and other
-€350,833
Cash 2025
€595,219
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,427,887 | €1,540,328 | +€112,440 | +7.9% |
| Fixed assets | 21/28 | €130,272 | €116,020 | -€14,252 | -10.9% |
| Intangible fixed assets | 21 | €18,750 | €12,500 | -€6,250 | -33.3% |
| Tangible fixed assets | 22/27 | €111,522 | €103,520 | -€8,002 | -7.2% |
| Plant, machinery and equipment | 23 | €1,766 | €5,809 | +€4,043 | +229% |
| Furniture and vehicles | 24 | €30,535 | €24,223 | -€6,311 | -20.7% |
| Leasing and similar rights | 25 | €79,222 | €73,488 | -€5,734 | -7.2% |
| Current assets | 29/58 | €1,297,615 | €1,424,307 | +€126,692 | +9.8% |
| Amounts receivable within one year | 40/41 | - | €12,482 | +€12,482 | |
| Other amounts receivable | 41 | - | €12,482 | +€12,482 | |
| Current investments | 50/53 | €1,186,645 | €789,466 | -€397,179 | -33.5% |
| Cash at bank and in hand | 54/58 | €88,961 | €595,219 | +€506,258 | +569% |
| Deferred charges and accrued income | 490/1 | €22,009 | €27,139 | +€5,131 | +23.3% |
| Total equity and liabilities | 10/49 | €1,427,887 | €1,540,328 | +€112,440 | +7.9% |
| Equity | 10/15 | €1,148,113 | €1,056,432 | -€91,681 | -8.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €998,113 | €906,432 | -€91,681 | -9.2% |
| Distributable reserves | 133 | €998,113 | €906,432 | -€91,681 | -9.2% |
| Amounts payable | 17/49 | €279,775 | €483,896 | +€204,121 | +73.0% |
| Amounts payable after more than one year | 17 | €10,806 | €848 | -€9,959 | -92.2% |
| Financial debts | 170/4 | €10,806 | €848 | -€9,959 | -92.2% |
| Amounts payable within one year | 42/48 | €217,621 | €434,050 | +€216,429 | +99.5% |
| Current portion of amounts payable after more than one year | 42 | €42,886 | €36,887 | -€5,999 | -14.0% |
| Trade debts | 44 | €7,349 | €11,987 | +€4,638 | +63.1% |
| Suppliers | 440/4 | €7,349 | €11,987 | +€4,638 | +63.1% |
| Taxes, remuneration and social security | 45 | €39,743 | €15,355 | -€24,388 | -61.4% |
| Taxes | 450/3 | €39,743 | €2,814 | -€36,929 | -92.9% |
| Remuneration and social security | 454/9 | - | €12,541 | +€12,541 | |
| Other amounts payable | 47/48 | €127,643 | €369,822 | +€242,179 | +190% |
| Accrued charges and deferred income | 492/3 | €51,348 | €48,998 | -€2,350 | -4.6% |
| Remuneration, social security and pensions | 62 | €11,300 | €52,287 | +€40,987 | +363% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,224 | €22,432 | -€4,791 | -17.6% |
| Other operating charges | 640/8 | €3,747 | €3,052 | -€695 | -18.5% |
| Gross operating margin | 9900 | €491,491 | €387,569 | -€103,922 | -21.1% |
| Operating profit (loss) | 9901 | €449,220 | €309,798 | -€139,423 | -31.0% |
| Financial income | 75/76B | €3,109 | €29,907 | +€26,798 | +862% |
| Recurring financial income | 75 | €3,109 | €29,907 | +€26,798 | +862% |
| Financial charges | 65/66B | €3,270 | €4,063 | +€792 | +24.2% |
| Recurring financial charges | 65 | €3,270 | €4,063 | +€792 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | €449,059 | €335,642 | -€113,417 | -25.3% |
| Income taxes | 67/77 | €140,676 | €76,490 | -€64,186 | -45.6% |
| Profit (loss) for the period | 9904 | €308,383 | €259,152 | -€49,231 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €308,383 | €259,152 | -€49,231 | -16.0% |
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 2 November 2026 via checked.be.