0101: what changed
Two fiscal 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.
0101
Largest movements
- Receivables within one year +€2,297
up €2,297 (+5.0%), from €45,682 to €47,979
of which Other amounts receivable: +€6,076
- Tangible fixed assets -€1,205
down €1,205 (-37.4%), from €3,221 to €2,017
of which Plant, machinery and equipment: -€945
- Cash -€928
down €928 (-50.9%), from €1,823 to €894
mainly Contributions, distributions and other (-€8,123) and Net result for the year (-€6,168)
- Reserves -€8,123
down €8,123 (-31.2%), from €26,063 to €17,940
- Other debts +€8,123
new in 2025: €8,123
- Tax, wage and social debts +€6,613
up €6,613 (+48.1%), from €13,752 to €20,365
of which Taxes: +€4,983
- Profit (loss) carried forward -€6,168
new in 2025: -€6,168
- Gross operating margin -€41,218
down €41,218 (-32.9%), from €125,254 to €84,036
- Taxes -€8,921
down €8,921 (-94.8%), from €9,413 to €491
- Staff costs -€5,427
down €5,427 (-6.9%), from €78,537 to €73,109
- Other operating charges -€3,452
down €3,452 (-18.9%), from €18,298 to €14,846
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,726 | €50,890 | +€164 | +0.3% |
| Fixed assets | 21/28 | €3,221 | €2,017 | -€1,205 | -37.4% |
| Tangible fixed assets | 22/27 | €3,221 | €2,017 | -€1,205 | -37.4% |
| Land and buildings | 22 | €1,300 | €1,040 | -€260 | -20.0% |
| Plant, machinery and equipment | 23 | €1,921 | €977 | -€945 | -49.2% |
| Current assets | 29/58 | €47,505 | €48,874 | +€1,369 | +2.9% |
| Amounts receivable within one year | 40/41 | €45,682 | €47,979 | +€2,297 | +5.0% |
| Trade receivables | 40 | €24,643 | €20,864 | -€3,779 | -15.3% |
| Other amounts receivable | 41 | €21,040 | €27,116 | +€6,076 | +28.9% |
| Cash at bank and in hand | 54/58 | €1,823 | €894 | -€928 | -50.9% |
| Total equity and liabilities | 10/49 | €50,726 | €50,890 | +€164 | +0.3% |
| Equity | 10/15 | €32,263 | €17,972 | -€14,291 | -44.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €26,063 | €17,940 | -€8,123 | -31.2% |
| Distributable reserves | 133 | €26,063 | €17,940 | -€8,123 | -31.2% |
| Profit (loss) carried forward | 14 | - | -€6,168 | -€6,168 | |
| Amounts payable | 17/49 | €18,463 | €32,918 | +€14,455 | +78.3% |
| Amounts payable within one year | 42/48 | €17,950 | €32,405 | +€14,455 | +80.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €4,198 | €3,917 | -€282 | -6.7% |
| Suppliers | 440/4 | €4,198 | €3,917 | -€282 | -6.7% |
| Taxes, remuneration and social security | 45 | €13,752 | €20,365 | +€6,613 | +48.1% |
| Taxes | 450/3 | €13,752 | €18,735 | +€4,983 | +36.2% |
| Remuneration and social security | 454/9 | €0 | €1,630 | +€1,630 | |
| Other amounts payable | 47/48 | - | €8,123 | +€8,123 | |
| Accrued charges and deferred income | 492/3 | €513 | €513 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €78,537 | €73,109 | -€5,427 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €799 | €1,205 | +€406 | +50.8% |
| Other operating charges | 640/8 | €18,298 | €14,846 | -€3,452 | -18.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €125,254 | €84,036 | -€41,218 | -32.9% |
| Operating profit (loss) | 9901 | €27,620 | -€5,124 | -€32,745 | |
| Financial income | 75/76B | €493 | €57 | -€437 | -88.5% |
| Recurring financial income | 75 | €493 | €57 | -€437 | -88.5% |
| Financial charges | 65/66B | €1,330 | €608 | -€722 | -54.3% |
| Recurring financial charges | 65 | €1,330 | €608 | -€722 | -54.3% |
| Profit (loss) for the period before taxes | 9903 | €26,783 | -€5,676 | -€32,460 | |
| Income taxes | 67/77 | €9,413 | €491 | -€8,921 | -94.8% |
| Profit (loss) for the period | 9904 | €17,371 | -€6,168 | -€23,538 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,371 | -€6,168 | -€23,538 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.