Skip to content

100%: 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.

What changed

100%

BE 0824.021.433
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€33,244
2024 · €64,448-€97,692
Equity
€174,884
2024 · €208,128-€33,244
Cash
€17,806
2024 · €286+€17,520
Balance sheet total
€994,243
2024 · €1.3m-€285,719

Largest movements

2024 to 2025
Assets
  • Stocks and contracts -€243,128

    down €243,128 (-100.0%), from €243,128 to €0

  • Tangible fixed assets -€39,446

    down €39,446 (-5.0%), from €786,418 to €746,972

    of which Land and buildings: -€39,848

  • Receivables after one year -€22,404

    down €22,404 (-100.0%), from €22,404 to €0

  • Cash +€17,520

    up €17,520 (+6121.9%), from €286 to €17,806

    mainly Stocks and contracts (+€243,128) and Depreciation (+€40,964)

Equity and liabilities
  • Short-term financial debts -€168,439

    down €168,439 (-98.8%), from €170,439 to €2,000

  • Accrued charges and deferred income -€63,071

    down €63,071 (-91.6%), from €68,833 to €5,762

  • Tax, wage and social debts -€42,012

    down €42,012 (-54.9%), from €76,476 to €34,464

    of which Taxes: -€41,820

  • Profit (loss) carried forward -€33,244

    down €33,244 (-2316.8%), from -€1,435 to -€34,678

  • Other debts +€25,586

    up €25,586 (+76.9%), from €33,265 to €58,850

Income statement
  • Gross operating margin -€128,444

    down €128,444 (-75.9%), from €169,225 to €40,781

  • Taxes -€31,694

    down €31,694 (-99.5%), from €31,869 to €174

From the 2024 result to the 2025 result

effect on the 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 €64,448
Gross operating margin -€128,444
Depreciation -€1,153
Other operating charges +€1,608
Financial income +€30
Financial charges -€1,427
Taxes +€31,694
Result 2025 -€33,244

Cash bridge derived

cash 2024 to 2025

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 +€188,463
Investment -€1,518
Financing -€169,425
Cash 2024 €286
Net result for the year -€33,244
Depreciation +€40,964
Receivables after one year +€22,404
Stocks and contracts +€243,128
Receivables within one year +€729
Deferred charges and accrued income -€2,469
Trade debts -€3,552
Tax, wage and social debts -€42,012
Other debts +€25,586
Accrued charges and deferred income -€63,071
Investment in fixed assets (net) -€1,518
Debts after one year +€22,310
Current portion of long-term debt -€23,296
Short-term financial debts -€168,439
Cash 2025 €17,806
Every line side by side 52 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,279,961 €994,243 -€285,719 -22.3%
Fixed assets 21/28 €993,918 €954,472 -€39,446 -4.0%
Tangible fixed assets 22/27 €786,418 €746,972 -€39,446 -5.0%
Land and buildings 22 €781,482 €741,634 -€39,848 -5.1%
Plant, machinery and equipment 23 €923 €683 -€241 -26.1%
Furniture and vehicles 24 €4,013 €4,655 +€643 +16.0%
Financial fixed assets 28 €207,500 €207,500 = 0.0%
Current assets 29/58 €286,043 €39,771 -€246,273 -86.1%
Amounts receivable after more than one year 29 €22,404 €0 -€22,404 -100.0%
Other amounts receivable 291 €22,404 €0 -€22,404 -100.0%
Stocks and contracts in progress 3 €243,128 €0 -€243,128 -100.0%
Stocks 30/36 €243,128 €0 -€243,128 -100.0%
Amounts receivable within one year 40/41 €16,068 €15,339 -€729 -4.5%
Trade receivables 40 €15,947 €15,125 -€822 -5.2%
Other amounts receivable 41 €121 €214 +€93 +76.9%
Cash at bank and in hand 54/58 €286 €17,806 +€17,520 +6121.9%
Deferred charges and accrued income 490/1 €4,157 €6,626 +€2,469 +59.4%
Total equity and liabilities 10/49 €1,279,961 €994,243 -€285,719 -22.3%
Equity 10/15 €208,128 €174,884 -€33,244 -16.0%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €197,163 €197,163 = 0.0%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Distributable reserves 133 €197,163 €197,163 = 0.0%
Profit (loss) carried forward 14 -€1,435 -€34,678 -€33,244 -2316.8%
Amounts payable 17/49 €1,071,834 €819,358 -€252,475 -23.6%
Amounts payable after more than one year 17 €593,379 €615,690 +€22,310 +3.8%
Financial debts 170/4 €593,379 €615,690 +€22,310 +3.8%
Amounts payable within one year 42/48 €409,621 €197,907 -€211,714 -51.7%
Current portion of amounts payable after more than one year 42 €95,379 €72,083 -€23,296 -24.4%
Financial debts 43 €170,439 €2,000 -€168,439 -98.8%
Credit institutions 430/8 €170,439 €2,000 -€168,439 -98.8%
Trade debts 44 €34,062 €30,510 -€3,552 -10.4%
Suppliers 440/4 €34,062 €30,510 -€3,552 -10.4%
Taxes, remuneration and social security 45 €76,476 €34,464 -€42,012 -54.9%
Taxes 450/3 €76,284 €34,464 -€41,820 -54.8%
Remuneration and social security 454/9 €192 €0 -€192 -100.0%
Other amounts payable 47/48 €33,265 €58,850 +€25,586 +76.9%
Accrued charges and deferred income 492/3 €68,833 €5,762 -€63,071 -91.6%
Non-recurring operating income 76A €2,311 €0 -€2,311 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €39,811 €40,964 +€1,153 +2.9%
Other operating charges 640/8 €5,428 €3,820 -€1,608 -29.6%
Gross operating margin 9900 €169,225 €40,781 -€128,444 -75.9%
Operating profit (loss) 9901 €123,986 -€4,003 -€127,989
Financial income 75/76B €31 €61 +€30 +95.1%
Recurring financial income 75 €31 €61 +€30 +95.1%
Financial charges 65/66B €27,700 €29,127 +€1,427 +5.2%
Recurring financial charges 65 €27,700 €29,127 +€1,427 +5.2%
Profit (loss) for the period before taxes 9903 €96,317 -€33,069 -€129,386
Income taxes 67/77 €31,869 €174 -€31,694 -99.5%
Profit (loss) for the period 9904 €64,448 -€33,244 -€97,692
Profit (loss) for the period to be appropriated 9905 €64,448 -€33,244 -€97,692

Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.