17 Allée des Artisans: 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.
17 Allée des Artisans
Largest movements
- Tangible fixed assets +€401,023
up €401,023 (+16.3%), from €2.5m to €2.9m
of which Land and buildings: +€979,307
- Cash -€385,414
down €385,414 (-99.9%), from €385,846 to €432
mainly Investment in fixed assets (net) (-€573,755) and Receivables within one year (-€306,328)
- Receivables within one year +€306,328
up €306,328 (+106%), from €287,805 to €594,133
of which Other amounts receivable: +€274,441
- Debts after one year +€216,305
up €216,305 (+9.1%), from €2.4m to €2.6m
- Other debts +€171,393
up €171,393 (+34,279%), from €500 to €171,893
- Current portion of long-term debt -€100,044
down €100,044 (-25.2%), from €396,418 to €296,375
- Trade debts +€69,643
up €69,643 (+26.5%), from €263,000 to €332,643
- Profit (loss) carried forward -€55,818
down €55,818 (-148%), from -€37,740 to -€93,558
- Gross operating margin +€207,917
up €207,917 (+767%), from €27,104 to €235,021
- Depreciation +€88,931
up €88,931 (+90.0%), from €98,801 to €187,731
- Financial charges +€46,514
up €46,514 (+115%), from €40,436 to €86,950
- Other operating charges +€5,119
up €5,119 (+46.4%), from €11,039 to €16,158
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,227,497 | €3,536,037 | +€308,540 | +9.6% |
| Formation expenses | 20 | €93,750 | €78,750 | -€15,000 | -16.0% |
| Fixed assets | 21/28 | €2,458,381 | €2,859,404 | +€401,023 | +16.3% |
| Tangible fixed assets | 22/27 | €2,458,181 | €2,859,204 | +€401,023 | +16.3% |
| Land and buildings | 22 | €1,843,912 | €2,823,220 | +€979,307 | +53.1% |
| Plant, machinery and equipment | 23 | €9,627 | €18,225 | +€8,598 | +89.3% |
| Furniture and vehicles | 24 | €8,515 | €17,759 | +€9,244 | +109% |
| Assets under construction and advance payments | 27 | €596,126 | - | -€596,126 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €675,367 | €597,883 | -€77,484 | -11.5% |
| Amounts receivable within one year | 40/41 | €287,805 | €594,133 | +€306,328 | +106% |
| Trade receivables | 40 | €636 | €32,523 | +€31,887 | +5,014% |
| Other amounts receivable | 41 | €287,169 | €561,610 | +€274,441 | +95.6% |
| Cash at bank and in hand | 54/58 | €385,846 | €432 | -€385,414 | -99.9% |
| Deferred charges and accrued income | 490/1 | €1,716 | €3,318 | +€1,602 | +93.4% |
| Total equity and liabilities | 10/49 | €3,227,497 | €3,536,037 | +€308,540 | +9.6% |
| Equity | 10/15 | €190,692 | €134,874 | -€55,818 | -29.3% |
| Contributions | 10/11 | €174,947 | €174,947 | = | 0.0% |
| Reserves | 13 | €53,484 | €53,484 | = | 0.0% |
| Tax-exempt reserves | 132 | €34,750 | €34,750 | = | 0.0% |
| Distributable reserves | 133 | €18,734 | €18,734 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,740 | -€93,558 | -€55,818 | -148% |
| Amounts payable | 17/49 | €3,036,805 | €3,401,163 | +€364,358 | +12.0% |
| Amounts payable after more than one year | 17 | €2,376,342 | €2,592,647 | +€216,305 | +9.1% |
| Financial debts | 170/4 | €2,376,342 | €2,592,647 | +€216,305 | +9.1% |
| Amounts payable within one year | 42/48 | €659,918 | €808,517 | +€148,599 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €396,418 | €296,375 | -€100,044 | -25.2% |
| Trade debts | 44 | €263,000 | €332,643 | +€69,643 | +26.5% |
| Suppliers | 440/4 | €263,000 | €332,643 | +€69,643 | +26.5% |
| Taxes, remuneration and social security | 45 | - | €7,606 | +€7,606 | |
| Taxes | 450/3 | - | €7,606 | +€7,606 | |
| Other amounts payable | 47/48 | €500 | €171,893 | +€171,393 | +34,279% |
| Accrued charges and deferred income | 492/3 | €545 | - | -€545 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,801 | €187,731 | +€88,931 | +90.0% |
| Other operating charges | 640/8 | €11,039 | €16,158 | +€5,119 | +46.4% |
| Gross operating margin | 9900 | €27,104 | €235,021 | +€207,917 | +767% |
| Operating profit (loss) | 9901 | -€82,736 | €31,131 | +€113,867 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €40,436 | €86,950 | +€46,514 | +115% |
| Recurring financial charges | 65 | €40,436 | €86,950 | +€46,514 | +115% |
| Profit (loss) for the period before taxes | 9903 | -€123,172 | -€55,818 | +€67,354 | +54.7% |
| Profit (loss) for the period | 9904 | -€123,172 | -€55,818 | +€67,354 | +54.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€123,172 | -€55,818 | +€67,354 | +54.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.