10 Upkot: 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.
10 Upkot
Largest movements
- Receivables within one year +€297,652
up €297,652 (+60,870%), from €489 to €298,141
of which Other amounts receivable: +€295,719
- Cash -€261,743
down €261,743 (-80.4%), from €325,618 to €63,875
mainly Receivables within one year (-€297,652) and Contributions, distributions and other (-€272,140)
- Tangible fixed assets -€254,087
down €254,087 (-2.1%), from €12.0m to €11.8m
of which Land and buildings: -€212,061
- Contributions -€272,140
down €272,140 (-3.4%), from €8.0m to €7.7m
- Gross operating margin +€13,278
up €13,278 (+4.8%), from €276,380 to €289,659
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,338,199 | €12,122,806 | -€215,393 | -1.7% |
| Fixed assets | 21/28 | €12,005,847 | €11,751,761 | -€254,087 | -2.1% |
| Tangible fixed assets | 22/27 | €12,005,847 | €11,751,761 | -€254,087 | -2.1% |
| Land and buildings | 22 | €11,677,647 | €11,465,586 | -€212,061 | -1.8% |
| Furniture and vehicles | 24 | €328,201 | €286,175 | -€42,026 | -12.8% |
| Current assets | 29/58 | €332,352 | €371,046 | +€38,694 | +11.6% |
| Amounts receivable within one year | 40/41 | €489 | €298,141 | +€297,652 | +60,870% |
| Trade receivables | 40 | €459 | €2,392 | +€1,933 | +421% |
| Other amounts receivable | 41 | €30 | €295,749 | +€295,719 | +985,731% |
| Cash at bank and in hand | 54/58 | €325,618 | €63,875 | -€261,743 | -80.4% |
| Deferred charges and accrued income | 490/1 | €6,244 | €9,029 | +€2,785 | +44.6% |
| Total equity and liabilities | 10/49 | €12,338,199 | €12,122,806 | -€215,393 | -1.7% |
| Equity | 10/15 | €11,942,895 | €11,694,242 | -€248,653 | -2.1% |
| Contributions | 10/11 | €7,972,244 | €7,700,104 | -€272,140 | -3.4% |
| Revaluation surpluses | 12 | €2,825,279 | €2,825,279 | = | 0.0% |
| Reserves | 13 | €1,145,372 | €1,168,859 | +€23,487 | +2.1% |
| Tax-exempt reserves | 132 | €1,121,329 | €1,079,582 | -€41,747 | -3.7% |
| Distributable reserves | 133 | €24,043 | €89,277 | +€65,234 | +271% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €373,776 | €359,861 | -€13,916 | -3.7% |
| Deferred taxes | 168 | €373,776 | €359,861 | -€13,916 | -3.7% |
| Amounts payable | 17/49 | €21,527 | €68,703 | +€47,176 | +219% |
| Amounts payable within one year | 42/48 | €6,665 | €60,291 | +€53,626 | +805% |
| Trade debts | 44 | €6,465 | €59,542 | +€53,077 | +821% |
| Suppliers | 440/4 | €6,465 | €59,542 | +€53,077 | +821% |
| Other amounts payable | 47/48 | €200 | €749 | +€549 | +275% |
| Accrued charges and deferred income | 492/3 | €14,862 | €8,412 | -€6,450 | -43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254,087 | €254,087 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €35 | €2,261 | +€2,226 | +6,360% |
| Other operating charges | 640/8 | €27,818 | €27,205 | -€613 | -2.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €276,380 | €289,659 | +€13,278 | +4.8% |
| Operating profit (loss) | 9901 | -€5,560 | €6,106 | +€11,666 | |
| Financial income | 75/76B | €5,727 | €3,841 | -€1,886 | -32.9% |
| Recurring financial income | 75 | €5,727 | €3,841 | -€1,886 | -32.9% |
| Financial charges | 65/66B | €408 | €376 | -€31 | -7.7% |
| Recurring financial charges | 65 | €408 | €376 | -€31 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | -€240 | €9,571 | +€9,811 | |
| Transfer from deferred taxes | 780 | €13,916 | €13,916 | = | 0.0% |
| Profit (loss) for the period | 9904 | €13,676 | €23,487 | +€9,811 | +71.7% |
| Transfer from tax-exempt reserves | 789 | €41,747 | €41,747 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,423 | €65,234 | +€9,811 | +17.7% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.