1ère Escale: 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.
1ère Escale
Largest movements
- Receivables within one year -€18,113
down €18,113 (-24.9%), from €72,810 to €54,697
- Tangible fixed assets -€15,942
down €15,942 (-4.9%), from €324,338 to €308,396
of which Land and buildings: -€9,058
- Other debts -€42,173
down €42,173 (-65.5%), from €64,375 to €22,202
- Reserves +€27,308
up €27,308 (+170%), from €16,085 to €43,393
- Debts after one year -€21,526
down €21,526 (-13.7%), from €157,215 to €135,690
- Tax, wage and social debts +€11,494
up €11,494 (+40.1%), from €28,638 to €40,132
of which Taxes: +€8,843
- Trade debts +€6,863
up €6,863 (+73.3%), from €9,361 to €16,225
- Gross operating margin +€67,334
up €67,334 (+42.0%), from €160,179 to €227,513
- Financial charges +€22,207
up €22,207 (+519%), from €4,282 to €26,489
- Staff costs +€20,130
up €20,130 (+15.5%), from €129,910 to €150,039
- Financial income -€7,996
down €7,996 (-58.5%), from €13,659 to €5,663
- Taxes +€5,585
up €5,585 (+78.0%), from €7,159 to €12,744
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 | €450,861 | €420,022 | -€30,839 | -6.8% |
| Fixed assets | 21/28 | €324,338 | €308,396 | -€15,942 | -4.9% |
| Tangible fixed assets | 22/27 | €324,338 | €308,396 | -€15,942 | -4.9% |
| Land and buildings | 22 | €292,068 | €283,010 | -€9,058 | -3.1% |
| Furniture and vehicles | 24 | €3,125 | €2,512 | -€613 | -19.6% |
| Leasing and similar rights | 25 | €7,979 | €4,121 | -€3,857 | -48.3% |
| Other tangible fixed assets | 26 | €21,167 | €18,752 | -€2,414 | -11.4% |
| Current assets | 29/58 | €126,523 | €111,626 | -€14,897 | -11.8% |
| Amounts receivable within one year | 40/41 | €72,810 | €54,697 | -€18,113 | -24.9% |
| Other amounts receivable | 41 | €72,810 | €54,697 | -€18,113 | -24.9% |
| Cash at bank and in hand | 54/58 | €52,333 | €55,668 | +€3,335 | +6.4% |
| Deferred charges and accrued income | 490/1 | €1,380 | €1,262 | -€119 | -8.6% |
| Total equity and liabilities | 10/49 | €450,861 | €420,022 | -€30,839 | -6.8% |
| Equity | 10/15 | €142,215 | €166,432 | +€24,217 | +17.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,085 | €43,393 | +€27,308 | +170% |
| Distributable reserves | 133 | €16,085 | €43,393 | +€27,308 | +170% |
| Profit (loss) carried forward | 14 | €49,498 | €48,639 | -€859 | -1.7% |
| Investment grants | 15 | €58,032 | €55,800 | -€2,232 | -3.8% |
| Provisions and deferred taxes | 16 | €14,508 | €13,950 | -€558 | -3.8% |
| Deferred taxes | 168 | €14,508 | €13,950 | -€558 | -3.8% |
| Amounts payable | 17/49 | €294,138 | €239,640 | -€54,498 | -18.5% |
| Amounts payable after more than one year | 17 | €157,215 | €135,690 | -€21,526 | -13.7% |
| Financial debts | 170/4 | €157,215 | €135,690 | -€21,526 | -13.7% |
| Amounts payable within one year | 42/48 | €126,453 | €99,670 | -€26,783 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €24,079 | €21,111 | -€2,967 | -12.3% |
| Trade debts | 44 | €9,361 | €16,225 | +€6,863 | +73.3% |
| Suppliers | 440/4 | €9,361 | €16,225 | +€6,863 | +73.3% |
| Taxes, remuneration and social security | 45 | €28,638 | €40,132 | +€11,494 | +40.1% |
| Taxes | 450/3 | €7,159 | €16,002 | +€8,843 | +124% |
| Remuneration and social security | 454/9 | €21,479 | €24,130 | +€2,651 | +12.3% |
| Other amounts payable | 47/48 | €64,375 | €22,202 | -€42,173 | -65.5% |
| Accrued charges and deferred income | 492/3 | €10,470 | €4,280 | -€6,190 | -59.1% |
| Remuneration, social security and pensions | 62 | €129,910 | €150,039 | +€20,130 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,173 | €15,942 | -€231 | -1.4% |
| Other operating charges | 640/8 | €2,089 | €653 | -€1,436 | -68.7% |
| Gross operating margin | 9900 | €160,179 | €227,513 | +€67,334 | +42.0% |
| Operating profit (loss) | 9901 | €12,007 | €60,878 | +€48,871 | +407% |
| Financial income | 75/76B | €13,659 | €5,663 | -€7,996 | -58.5% |
| Recurring financial income | 75 | €13,659 | €5,663 | -€7,996 | -58.5% |
| Financial charges | 65/66B | €4,282 | €26,489 | +€22,207 | +519% |
| Recurring financial charges | 65 | €4,282 | €26,489 | +€22,207 | +519% |
| Profit (loss) for the period before taxes | 9903 | €21,384 | €40,053 | +€18,669 | +87.3% |
| Income taxes | 67/77 | €7,159 | €12,744 | +€5,585 | +78.0% |
| Profit (loss) for the period | 9904 | €14,225 | €27,308 | +€13,084 | +92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,225 | €27,308 | +€13,084 | +92.0% |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.