Vincent BAELDEN, Notaire: what changed
What changed
Vincent BAELDEN, Notaire
NACE 69.102, Activities of notaries
filed annual accounts (NBB)
Net result for the year
€124,480
2024 · €52,312+€72,168
Equity
€521,668
2024 · €398,047+€123,621
Cash
€528,143
2024 · €534,272-€6,129
Balance sheet total
€1.6m
2024 · €2.0m-€359,306
Largest movements
Assets
- Intangible fixed assets -€195,082
down €195,082 (-18.2%), from €1.1m to €877,870
- Receivables within one year -€161,747
down €161,747 (-75.2%), from €215,108 to €53,361
Equity and liabilities
- Other debts -€209,527
down €209,527 (-89.1%), from €235,045 to €25,518
- Trade debts -€152,555
down €152,555 (-83.1%), from €183,676 to €31,121
- Reserves +€123,000
up €123,000 (+132%), from €93,000 to €216,000
- Debts after one year -€119,129
down €119,129 (-13.6%), from €878,942 to €759,812
- Current portion of long-term debt -€23,220
down €23,220 (-14.9%), from €156,064 to €132,844
Income statement
- Gross operating margin +€106,203
up €106,203 (+15.4%), from €689,851 to €796,054
- Taxes +€24,321
up €24,321 (+139%), from €17,561 to €41,882
- Financial charges +€12,071
up €12,071 (+38.0%), from €31,758 to €43,829
- Depreciation +€10,569
up €10,569 (+4.8%), from €220,672 to €231,241
- Financial income +€9,582
up €9,582 (+117%), from €8,204 to €17,786
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
€52,312
Gross operating margin
+€106,203
Staff costs
+€3,543
Depreciation
-€10,569
Other operating charges
-€199
Financial income
+€9,582
Financial charges
-€12,071
Taxes
-€24,321
Result 2025
€124,480
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
+€171,318
Investment
-€34,238
Financing
-€143,209
Cash 2024
€534,272
From operations (derived)
+€171,318
Net result for the year
+€124,480
Depreciation
+€231,241
Receivables within one year
+€161,747
Deferred charges and accrued income
-€5,573
Trade debts
-€152,555
Tax, wage and social debts
+€14,671
Other debts
-€209,527
Accrued charges and deferred income
+€6,832
Investment (derived)
-€34,238
Investment in fixed assets (net)
-€34,238
Financing
-€143,209
Debts after one year
-€119,129
Current portion of long-term debt
-€23,220
Contributions, distributions and other
-€859
Cash 2025
€528,143
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,987,411 | €1,628,105 | -€359,306 | -18.1% |
| Fixed assets | 21/28 | €1,234,759 | €1,037,756 | -€197,003 | -16.0% |
| Intangible fixed assets | 21 | €1,072,952 | €877,870 | -€195,082 | -18.2% |
| Tangible fixed assets | 22/27 | €161,808 | €159,887 | -€1,921 | -1.2% |
| Furniture and vehicles | 24 | €28,229 | €30,231 | +€2,002 | +7.1% |
| Other tangible fixed assets | 26 | €133,579 | €129,656 | -€3,923 | -2.9% |
| Current assets | 29/58 | €752,652 | €590,348 | -€162,304 | -21.6% |
| Amounts receivable within one year | 40/41 | €215,108 | €53,361 | -€161,747 | -75.2% |
| Trade receivables | 40 | €215,108 | €53,361 | -€161,747 | -75.2% |
| Cash at bank and in hand | 54/58 | €534,272 | €528,143 | -€6,129 | -1.1% |
| Deferred charges and accrued income | 490/1 | €3,272 | €8,845 | +€5,573 | +170% |
| Total equity and liabilities | 10/49 | €1,987,411 | €1,628,105 | -€359,306 | -18.1% |
| Equity | 10/15 | €398,047 | €521,668 | +€123,621 | +31.1% |
| Contributions | 10/11 | €305,000 | €305,000 | = | 0.0% |
| Reserves | 13 | €93,000 | €216,000 | +€123,000 | +132% |
| Distributable reserves | 133 | €93,000 | €216,000 | +€123,000 | +132% |
| Profit (loss) carried forward | 14 | €47 | €668 | +€621 | +1,328% |
| Amounts payable | 17/49 | €1,589,364 | €1,106,437 | -€482,928 | -30.4% |
| Amounts payable after more than one year | 17 | €878,942 | €759,812 | -€119,129 | -13.6% |
| Financial debts | 170/4 | €878,942 | €759,812 | -€119,129 | -13.6% |
| Amounts payable within one year | 42/48 | €691,005 | €320,375 | -€370,630 | -53.6% |
| Current portion of amounts payable after more than one year | 42 | €156,064 | €132,844 | -€23,220 | -14.9% |
| Trade debts | 44 | €183,676 | €31,121 | -€152,555 | -83.1% |
| Suppliers | 440/4 | €183,676 | €31,121 | -€152,555 | -83.1% |
| Taxes, remuneration and social security | 45 | €116,220 | €130,892 | +€14,671 | +12.6% |
| Taxes | 450/3 | €77,773 | €97,421 | +€19,647 | +25.3% |
| Remuneration and social security | 454/9 | €38,447 | €33,471 | -€4,976 | -12.9% |
| Other amounts payable | 47/48 | €235,045 | €25,518 | -€209,527 | -89.1% |
| Accrued charges and deferred income | 492/3 | €19,418 | €26,250 | +€6,832 | +35.2% |
| Remuneration, social security and pensions | 62 | €371,640 | €368,098 | -€3,543 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220,672 | €231,241 | +€10,569 | +4.8% |
| Other operating charges | 640/8 | €4,112 | €4,311 | +€199 | +4.8% |
| Gross operating margin | 9900 | €689,851 | €796,054 | +€106,203 | +15.4% |
| Operating profit (loss) | 9901 | €93,427 | €192,405 | +€98,978 | +106% |
| Financial income | 75/76B | €8,204 | €17,786 | +€9,582 | +117% |
| Recurring financial income | 75 | €8,204 | €17,786 | +€9,582 | +117% |
| Financial charges | 65/66B | €31,758 | €43,829 | +€12,071 | +38.0% |
| Recurring financial charges | 65 | €31,758 | €43,829 | +€12,071 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | €69,873 | €166,362 | +€96,489 | +138% |
| Income taxes | 67/77 | €17,561 | €41,882 | +€24,321 | +139% |
| Profit (loss) for the period | 9904 | €52,312 | €124,480 | +€72,168 | +138% |
| Profit (loss) for the period to be appropriated | 9905 | €52,312 | €124,480 | +€72,168 | +138% |
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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.