1713: 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.
1713
Largest movements
- Receivables after one year -€403,713
down €403,713 (-36.0%), from €1.1m to €716,332
- Receivables within one year +€271,477
up €271,477 (+47.2%), from €575,231 to €846,708
of which Other amounts receivable: +€281,123
- Cash -€128,243
down €128,243 (-38.0%), from €337,796 to €209,553
mainly Contributions, distributions and other (-€586,000) and Receivables within one year (-€271,477)
- Reserves -€470,461
down €470,461 (-18.7%), from €2.5m to €2.0m
of which Distributable reserves: -€470,461
- Other debts +€225,405
up €225,405 (+273.5%), from €82,408 to €307,812
- Debts after one year -€53,440
down €53,440 (-18.4%), from €290,759 to €237,319
- Tax, wage and social debts +€48,543
up €48,543 (+225.0%), from €21,572 to €70,115
of which Taxes: +€48,521
- Gross operating margin -€2.1m
down €2.1m (-91.3%), from €2.2m to €194,721
- Taxes -€499,003
down €499,003 (-92.5%), from €539,637 to €40,634
- Financial income +€32,724
up €32,724 (+238.5%), from €13,720 to €46,444
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 | €3,008,018 | €2,736,990 | -€271,028 | -9.0% |
| Fixed assets | 21/28 | €968,419 | €960,626 | -€7,793 | -0.8% |
| Tangible fixed assets | 22/27 | €968,419 | €960,626 | -€7,793 | -0.8% |
| Land and buildings | 22 | €846,357 | €861,946 | +€15,589 | +1.8% |
| Furniture and vehicles | 24 | €122,062 | €98,681 | -€23,381 | -19.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €2,039,600 | €1,776,364 | -€263,236 | -12.9% |
| Amounts receivable after more than one year | 29 | €1,120,045 | €716,332 | -€403,713 | -36.0% |
| Other amounts receivable | 291 | €1,120,045 | €716,332 | -€403,713 | -36.0% |
| Amounts receivable within one year | 40/41 | €575,231 | €846,708 | +€271,477 | +47.2% |
| Trade receivables | 40 | €38,490 | €28,843 | -€9,647 | -25.1% |
| Other amounts receivable | 41 | €536,742 | €817,865 | +€281,123 | +52.4% |
| Cash at bank and in hand | 54/58 | €337,796 | €209,553 | -€128,243 | -38.0% |
| Deferred charges and accrued income | 490/1 | €6,527 | €3,771 | -€2,756 | -42.2% |
| Total equity and liabilities | 10/49 | €3,008,018 | €2,736,990 | -€271,028 | -9.0% |
| Equity | 10/15 | €2,530,187 | €2,059,725 | -€470,461 | -18.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,511,587 | €2,041,125 | -€470,461 | -18.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €2,490,977 | €2,020,515 | -€470,461 | -18.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €477,832 | €677,265 | +€199,433 | +41.7% |
| Amounts payable after more than one year | 17 | €290,759 | €237,319 | -€53,440 | -18.4% |
| Financial debts | 170/4 | €290,759 | €237,319 | -€53,440 | -18.4% |
| Amounts payable within one year | 42/48 | €187,072 | €439,946 | +€252,873 | +135.2% |
| Current portion of amounts payable after more than one year | 42 | €64,987 | €53,440 | -€11,546 | -17.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €18,106 | €8,578 | -€9,528 | -52.6% |
| Suppliers | 440/4 | €18,106 | €8,578 | -€9,528 | -52.6% |
| Taxes, remuneration and social security | 45 | €21,572 | €70,115 | +€48,543 | +225.0% |
| Taxes | 450/3 | €21,572 | €70,093 | +€48,521 | +224.9% |
| Remuneration and social security | 454/9 | €0 | €22 | +€22 | |
| Other amounts payable | 47/48 | €82,408 | €307,812 | +€225,405 | +273.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,946 | €66,815 | +€5,868 | +9.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,671 | -€1,621 | -€4,292 | |
| Other operating charges | 640/8 | €14,707 | €13,874 | -€833 | -5.7% |
| Non-recurring operating charges | 66A | €942 | €0 | -€942 | -100.0% |
| Gross operating margin | 9900 | €2,248,562 | €194,721 | -€2.1m | -91.3% |
| Operating profit (loss) | 9901 | €2,169,297 | €115,653 | -€2.1m | -94.7% |
| Financial income | 75/76B | €13,720 | €46,444 | +€32,724 | +238.5% |
| Recurring financial income | 75 | €13,720 | €46,444 | +€32,724 | +238.5% |
| Financial charges | 65/66B | €7,828 | €5,924 | -€1,904 | -24.3% |
| Recurring financial charges | 65 | €7,828 | €5,924 | -€1,904 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €2,175,188 | €156,173 | -€2.0m | -92.8% |
| Income taxes | 67/77 | €539,637 | €40,634 | -€499,003 | -92.5% |
| Profit (loss) for the period | 9904 | €1,635,551 | €115,539 | -€1.5m | -92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,635,551 | €115,539 | -€1.5m | -92.9% |
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 5 October 2026 via checked.be.