Modelbouwcenter Baillien: what changed
What changed
Modelbouwcenter Baillien
NACE 47.640, Retail sale of games and toys
filed annual accounts (NBB)
Net result for the year
€13,791
2024 · €20,745-€6,954
Equity
€811,923
2024 · €798,133+€13,791
Cash
€119,372
2024 · €109,226+€10,146
Balance sheet total
€1.4m
2024 · €1.4m-€32,500
Largest movements
Assets
- Receivables within one year -€94,071
down €94,071 (-89.2%), from €105,450 to €11,379
of which Trade receivables: -€105,305
- Tangible fixed assets +€59,194
up €59,194 (+16.7%), from €354,370 to €413,564
of which Furniture and vehicles: +€59,043
Equity and liabilities
- Debts after one year -€37,492
down €37,492 (-10.9%), from €342,734 to €305,242
- Other debts -€17,798
down €17,798 (-12.1%), from €147,459 to €129,661
Income statement
- Financial income +€24,380
up €24,380 (+243,801,600%), from €0 to €24,380
of which Non-recurring financial income: +€24,380
- Depreciation +€20,293
up €20,293 (+27.3%), from €74,391 to €94,684
- Gross operating margin -€18,489
down €18,489 (-10.0%), from €184,837 to €166,348
- Taxes -€9,317
down €9,317 (-71.2%), from €13,083 to €3,766
- Staff costs +€2,643
up €2,643 (+5.7%), from €46,516 to €49,159
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
€20,745
Gross operating margin
-€18,489
Staff costs
-€2,643
Depreciation
-€20,293
Other operating charges
+€609
Financial income
+€24,380
Financial charges
+€164
Taxes
+€9,317
Result 2025
€13,791
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
+€197,928
Investment
-€153,878
Financing
-€33,904
Cash 2024
€109,226
From operations (derived)
+€197,928
Net result for the year
+€13,791
Depreciation
+€94,684
Stocks and contracts
+€7,774
Receivables within one year
+€94,071
Deferred charges and accrued income
-€5
Trade debts
+€6,815
Tax, wage and social debts
-€1,404
Other debts
-€17,798
Investment (derived)
-€153,878
Investment in fixed assets (net)
-€153,878
Financing
-€33,904
Debts after one year
-€37,492
Current portion of long-term debt
+€3,588
Cash 2025
€119,372
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,386,043 | €1,353,543 | -€32,500 | -2.3% |
| Fixed assets | 21/28 | €355,435 | €414,629 | +€59,194 | +16.7% |
| Tangible fixed assets | 22/27 | €354,370 | €413,564 | +€59,194 | +16.7% |
| Land and buildings | 22 | €271,274 | €229,088 | -€42,186 | -15.6% |
| Plant, machinery and equipment | 23 | €16,392 | €58,729 | +€42,337 | +258% |
| Furniture and vehicles | 24 | €66,704 | €125,747 | +€59,043 | +88.5% |
| Financial fixed assets | 28 | €1,066 | €1,066 | = | 0.0% |
| Current assets | 29/58 | €1,030,608 | €938,914 | -€91,694 | -8.9% |
| Stocks and contracts in progress | 3 | €815,484 | €807,711 | -€7,774 | -1.0% |
| Stocks | 30/36 | €815,484 | €807,711 | -€7,774 | -1.0% |
| Amounts receivable within one year | 40/41 | €105,450 | €11,379 | -€94,071 | -89.2% |
| Trade receivables | 40 | €105,305 | - | -€105,305 | |
| Other amounts receivable | 41 | €145 | €11,379 | +€11,234 | +7,775% |
| Cash at bank and in hand | 54/58 | €109,226 | €119,372 | +€10,146 | +9.3% |
| Deferred charges and accrued income | 490/1 | €448 | €453 | +€5 | +1.0% |
| Total equity and liabilities | 10/49 | €1,386,043 | €1,353,543 | -€32,500 | -2.3% |
| Equity | 10/15 | €798,133 | €811,923 | +€13,791 | +1.7% |
| Contributions | 10/11 | €279,600 | €279,600 | = | 0.0% |
| Reserves | 13 | €335,327 | €335,327 | = | 0.0% |
| Distributable reserves | 133 | €335,327 | €335,327 | = | 0.0% |
| Profit (loss) carried forward | 14 | €183,206 | €196,997 | +€13,791 | +7.5% |
| Amounts payable | 17/49 | €587,911 | €541,620 | -€46,291 | -7.9% |
| Amounts payable after more than one year | 17 | €342,734 | €305,242 | -€37,492 | -10.9% |
| Financial debts | 170/4 | €342,734 | €305,242 | -€37,492 | -10.9% |
| Amounts payable within one year | 42/48 | €245,177 | €236,378 | -€8,799 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €33,904 | €37,492 | +€3,588 | +10.6% |
| Trade debts | 44 | €31,908 | €38,723 | +€6,815 | +21.4% |
| Suppliers | 440/4 | €31,908 | €38,723 | +€6,815 | +21.4% |
| Taxes, remuneration and social security | 45 | €31,906 | €30,502 | -€1,404 | -4.4% |
| Taxes | 450/3 | €25,959 | €24,358 | -€1,601 | -6.2% |
| Remuneration and social security | 454/9 | €5,947 | €6,144 | +€197 | +3.3% |
| Other amounts payable | 47/48 | €147,459 | €129,661 | -€17,798 | -12.1% |
| Remuneration, social security and pensions | 62 | €46,516 | €49,159 | +€2,643 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,391 | €94,684 | +€20,293 | +27.3% |
| Other operating charges | 640/8 | €15,867 | €15,257 | -€609 | -3.8% |
| Gross operating margin | 9900 | €184,837 | €166,348 | -€18,489 | -10.0% |
| Operating profit (loss) | 9901 | €48,064 | €7,248 | -€40,816 | -84.9% |
| Financial income | 75/76B | €0 | €24,380 | +€24,380 | +243,801,600% |
| Recurring financial income | 75 | €0 | €24,380 | +€24,380 | +243,801,600% |
| Non-recurring financial income | 76B | - | €24,380 | +€24,380 | |
| Financial charges | 65/66B | €14,236 | €14,072 | -€164 | -1.2% |
| Recurring financial charges | 65 | €14,236 | €14,072 | -€164 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €33,828 | €17,556 | -€16,271 | -48.1% |
| Income taxes | 67/77 | €13,083 | €3,766 | -€9,317 | -71.2% |
| Profit (loss) for the period | 9904 | €20,745 | €13,791 | -€6,954 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,745 | €13,791 | -€6,954 | -33.5% |
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 4 November 2026 via checked.be.