365 SHERPAS BRUSSELS: 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.
365 SHERPAS BRUSSELS
Largest movements
- Receivables within one year -€102,799
down €102,799 (-81.8%), from €125,598 to €22,799
of which Other amounts receivable: -€102,799
- Cash +€78,446
up €78,446 (+41.7%), from €188,340 to €266,786
mainly Net result for the year (+€150,540) and Receivables within one year (+€102,799)
- Profit (loss) carried forward -€74,548
down €74,548 (-33.1%), from €225,088 to €150,540
- Tax, wage and social debts +€33,512
up €33,512 (+51.8%), from €64,664 to €98,176
of which Taxes: +€28,410
- Trade debts +€14,519
up €14,519 (+145%), from €9,981 to €24,500
- Gross operating margin +€158,764
up €158,764 (+50.2%), from €316,089 to €474,853
- Staff costs +€48,815
up €48,815 (+23.4%), from €208,808 to €257,623
- Taxes +€28,410
up €28,410 (+95.9%), from €29,627 to €58,037
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 | €322,234 | €295,216 | -€27,018 | -8.4% |
| Fixed assets | 21/28 | €3,719 | €3,344 | -€375 | -10.1% |
| Tangible fixed assets | 22/27 | €3,719 | €3,344 | -€375 | -10.1% |
| Furniture and vehicles | 24 | €3,719 | €3,344 | -€375 | -10.1% |
| Current assets | 29/58 | €318,515 | €291,873 | -€26,643 | -8.4% |
| Amounts receivable within one year | 40/41 | €125,598 | €22,799 | -€102,799 | -81.8% |
| Trade receivables | 40 | €11,288 | €11,288 | = | 0.0% |
| Other amounts receivable | 41 | €114,311 | €11,512 | -€102,799 | -89.9% |
| Cash at bank and in hand | 54/58 | €188,340 | €266,786 | +€78,446 | +41.7% |
| Deferred charges and accrued income | 490/1 | €4,577 | €2,288 | -€2,289 | -50.0% |
| Total equity and liabilities | 10/49 | €322,234 | €295,216 | -€27,018 | -8.4% |
| Equity | 10/15 | €247,088 | €172,540 | -€74,548 | -30.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €225,088 | €150,540 | -€74,548 | -33.1% |
| Amounts payable | 17/49 | €75,146 | €122,676 | +€47,530 | +63.3% |
| Amounts payable within one year | 42/48 | €74,646 | €122,676 | +€48,030 | +64.3% |
| Trade debts | 44 | €9,981 | €24,500 | +€14,519 | +145% |
| Suppliers | 440/4 | €9,981 | €24,500 | +€14,519 | +145% |
| Taxes, remuneration and social security | 45 | €64,664 | €98,176 | +€33,512 | +51.8% |
| Taxes | 450/3 | €29,627 | €58,037 | +€28,410 | +95.9% |
| Remuneration and social security | 454/9 | €35,037 | €40,139 | +€5,102 | +14.6% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Non-recurring operating income | 76A | €981 | €5,476 | +€4,495 | +458% |
| Remuneration, social security and pensions | 62 | €208,808 | €257,623 | +€48,815 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,541 | €2,230 | -€311 | -12.3% |
| Other operating charges | 640/8 | €4,241 | €5,829 | +€1,588 | +37.4% |
| Gross operating margin | 9900 | €316,089 | €474,853 | +€158,764 | +50.2% |
| Operating profit (loss) | 9901 | €100,499 | €209,171 | +€108,673 | +108% |
| Financial income | 75/76B | €183 | - | -€183 | |
| Recurring financial income | 75 | €183 | - | -€183 | |
| Financial charges | 65/66B | €1,002 | €594 | -€408 | -40.7% |
| Recurring financial charges | 65 | €1,002 | €594 | -€408 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | €99,680 | €208,577 | +€108,897 | +109% |
| Income taxes | 67/77 | €29,627 | €58,037 | +€28,410 | +95.9% |
| Profit (loss) for the period | 9904 | €70,053 | €150,540 | +€80,487 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €70,053 | €150,540 | +€80,487 | +115% |
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 27 October 2026 via checked.be.