LEDERWAREN BAEYENS: 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.
What changed
LEDERWAREN BAEYENS
NACE 68.121, Development of residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€62,282
2024 · €59,257+€3,025
Equity
€4,544
2024 · -€57,738+€62,282
Cash
€26,693
2024 · €16,526+€10,168
Balance sheet total
€3.2m
2024 · €3.3m-€62,821
Largest movements
Assets
- Tangible fixed assets -€60,679
down €60,679 (-4.6%), from €1.3m to €1.2m
Equity and liabilities
- Debts after one year -€193,357
down €193,357 (-7.8%), from €2.5m to €2.3m
- Other debts +€88,559
up €88,559 (+16.9%), from €523,749 to €612,308
- Profit (loss) carried forward +€62,282
up €62,282 (+13.7%), from -€454,718 to -€392,436
Income statement
- Gross operating margin +€2,535
up €2,535 (+2.3%), from €111,701 to €114,236
- Financial charges -€1,273
down €1,273 (-4.5%), from €28,219 to €26,946
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.
Result 2024
€59,257
Gross operating margin
+€2,535
Other operating charges
-€11
Financial income
-€772
Financial charges
+€1,273
Result 2025
€62,282
raises the resultlowers the result
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.
From operations
+€194,423
Investment
+€20,000
Financing
-€204,255
Cash 2024
€16,526
From operations (derived)
+€194,423
Net result for the year
+€62,282
Depreciation
+€40,679
Receivables within one year
+€13,227
Deferred charges and accrued income
-€918
Trade debts
-€4,182
Tax, wage and social debts
-€109
Other debts
+€88,559
Accrued charges and deferred income
-€5,116
Investment (derived)
+€20,000
Investment in fixed assets (net)
+€20,000
Financing
-€204,255
Debts after one year
-€193,357
Current portion of long-term debt
-€10,898
Cash 2025
€26,693
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,284,743 | €3,221,922 | -€62,821 | -1.9% |
| Fixed assets | 21/28 | €1,305,498 | €1,244,819 | -€60,679 | -4.6% |
| Tangible fixed assets | 22/27 | €1,304,998 | €1,244,319 | -€60,679 | -4.6% |
| Land and buildings | 22 | €1,304,998 | €1,244,319 | -€60,679 | -4.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,979,244 | €1,977,103 | -€2,142 | -0.1% |
| Amounts receivable within one year | 40/41 | €1,962,719 | €1,949,491 | -€13,227 | -0.7% |
| Trade receivables | 40 | €218,830 | €285,859 | +€67,030 | +30.6% |
| Other amounts receivable | 41 | €1,743,889 | €1,663,632 | -€80,257 | -4.6% |
| Cash at bank and in hand | 54/58 | €16,526 | €26,693 | +€10,168 | +61.5% |
| Deferred charges and accrued income | 490/1 | €0 | €918 | +€918 | |
| Total equity and liabilities | 10/49 | €3,284,743 | €3,221,922 | -€62,821 | -1.9% |
| Equity | 10/15 | -€57,738 | €4,544 | +€62,282 | |
| Contributions | 10/11 | €340,854 | €340,854 | = | 0.0% |
| Reserves | 13 | €56,126 | €56,126 | = | 0.0% |
| Non-distributable reserves | 130/1 | €44,965 | €44,965 | = | 0.0% |
| Reserves not available under the articles | 1311 | €44,965 | €44,965 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,370 | €1,370 | = | 0.0% |
| Distributable reserves | 133 | €9,791 | €9,791 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€454,718 | -€392,436 | +€62,282 | +13.7% |
| Amounts payable | 17/49 | €3,342,481 | €3,217,377 | -€125,103 | -3.7% |
| Amounts payable after more than one year | 17 | €2,470,152 | €2,276,794 | -€193,357 | -7.8% |
| Financial debts | 170/4 | €2,470,152 | €2,276,794 | -€193,357 | -7.8% |
| Amounts payable within one year | 42/48 | €857,019 | €930,388 | +€73,370 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €204,255 | €193,357 | -€10,898 | -5.3% |
| Trade debts | 44 | €127,422 | €123,240 | -€4,182 | -3.3% |
| Suppliers | 440/4 | €127,422 | €123,240 | -€4,182 | -3.3% |
| Taxes, remuneration and social security | 45 | €1,592 | €1,483 | -€109 | -6.8% |
| Taxes | 450/3 | €1,592 | €1,483 | -€109 | -6.8% |
| Other amounts payable | 47/48 | €523,749 | €612,308 | +€88,559 | +16.9% |
| Accrued charges and deferred income | 492/3 | €15,310 | €10,195 | -€5,116 | -33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,679 | €40,679 | = | 0.0% |
| Other operating charges | 640/8 | €1,101 | €1,112 | +€11 | +1.0% |
| Gross operating margin | 9900 | €111,701 | €114,236 | +€2,535 | +2.3% |
| Operating profit (loss) | 9901 | €69,921 | €72,445 | +€2,524 | +3.6% |
| Financial income | 75/76B | €17,555 | €16,783 | -€772 | -4.4% |
| Recurring financial income | 75 | €17,555 | €16,783 | -€772 | -4.4% |
| Financial charges | 65/66B | €28,219 | €26,946 | -€1,273 | -4.5% |
| Recurring financial charges | 65 | €28,219 | €26,946 | -€1,273 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €59,257 | €62,282 | +€3,025 | +5.1% |
| Profit (loss) for the period | 9904 | €59,257 | €62,282 | +€3,025 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €59,257 | €62,282 | +€3,025 | +5.1% |
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 29 October 2026 via checked.be.