7 août: 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.
7 août
Largest movements
- Cash +€8,328
up €8,328 (+20.7%), from €40,303 to €48,631
mainly Net result for the year (+€10,562) and Stocks and contracts (+€6,504)
- Stocks and contracts -€6,504
down €6,504 (-41.8%), from €15,577 to €9,073
- Financial fixed assets +€3,012
up €3,012 (+137%), from €2,194 to €5,206
- Tangible fixed assets +€1,433
up €1,433 (+12.1%), from €11,804 to €13,237
of which Other tangible fixed assets: +€4,564
- Deferred charges and accrued income +€900
up €900 (+60.5%), from €1,487 to €2,387
- Reserves +€10,562
up €10,562 (+569%), from €1,855 to €12,417
of which Distributable reserves: +€10,562
- Trade debts -€4,350
down €4,350 (-26.1%), from €16,690 to €12,340
- Tax, wage and social debts +€2,601
up €2,601 (+15.1%), from €17,205 to €19,805
of which Taxes: +€6,380
- Gross operating margin +€19,124
up €19,124 (+86.6%), from €22,074 to €41,198
- Staff costs -€3,735
down €3,735 (-15.6%), from €24,015 to €20,280
- Taxes +€3,008
up €3,008 (+1,612%), from €187 to €3,195
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 | €74,470 | €82,536 | +€8,066 | +10.8% |
| Fixed assets | 21/28 | €13,998 | €18,443 | +€4,445 | +31.8% |
| Tangible fixed assets | 22/27 | €11,804 | €13,237 | +€1,433 | +12.1% |
| Plant, machinery and equipment | 23 | €3,089 | €1,950 | -€1,139 | -36.9% |
| Furniture and vehicles | 24 | €6,781 | €4,789 | -€1,992 | -29.4% |
| Other tangible fixed assets | 26 | €1,934 | €6,497 | +€4,564 | +236% |
| Financial fixed assets | 28 | €2,194 | €5,206 | +€3,012 | +137% |
| Current assets | 29/58 | €60,472 | €64,093 | +€3,621 | +6.0% |
| Stocks and contracts in progress | 3 | €15,577 | €9,073 | -€6,504 | -41.8% |
| Stocks | 30/36 | €15,577 | €9,073 | -€6,504 | -41.8% |
| Amounts receivable within one year | 40/41 | €3,104 | €4,002 | +€898 | +28.9% |
| Trade receivables | 40 | €3,104 | €4,002 | +€898 | +28.9% |
| Cash at bank and in hand | 54/58 | €40,303 | €48,631 | +€8,328 | +20.7% |
| Deferred charges and accrued income | 490/1 | €1,487 | €2,387 | +€900 | +60.5% |
| Total equity and liabilities | 10/49 | €74,470 | €82,536 | +€8,066 | +10.8% |
| Equity | 10/15 | €37,328 | €47,890 | +€10,562 | +28.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €12,417 | +€10,562 | +569% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | - | €10,562 | +€10,562 | |
| Profit (loss) carried forward | 14 | €29,273 | €29,273 | = | 0.0% |
| Amounts payable | 17/49 | €37,143 | €34,646 | -€2,497 | -6.7% |
| Amounts payable within one year | 42/48 | €37,140 | €34,645 | -€2,495 | -6.7% |
| Financial debts | 43 | €979 | €230 | -€749 | -76.5% |
| Credit institutions | 430/8 | €979 | €230 | -€749 | -76.5% |
| Trade debts | 44 | €16,690 | €12,340 | -€4,350 | -26.1% |
| Suppliers | 440/4 | €16,690 | €12,340 | -€4,350 | -26.1% |
| Taxes, remuneration and social security | 45 | €17,205 | €19,805 | +€2,601 | +15.1% |
| Taxes | 450/3 | €10,172 | €16,552 | +€6,380 | +62.7% |
| Remuneration and social security | 454/9 | €7,032 | €3,253 | -€3,779 | -53.7% |
| Other amounts payable | 47/48 | €2,266 | €2,269 | +€2 | +0.1% |
| Accrued charges and deferred income | 492/3 | €2 | €1 | -€1 | -52.1% |
| Remuneration, social security and pensions | 62 | €24,015 | €20,280 | -€3,735 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,046 | €4,750 | -€296 | -5.9% |
| Other operating charges | 640/8 | €1,260 | €1,261 | +€1 | +0.1% |
| Gross operating margin | 9900 | €22,074 | €41,198 | +€19,124 | +86.6% |
| Operating profit (loss) | 9901 | -€8,246 | €14,908 | +€23,154 | |
| Financial income | 75/76B | €19 | €7 | -€12 | -63.2% |
| Recurring financial income | 75 | €19 | €7 | -€12 | -63.2% |
| Financial charges | 65/66B | €1,349 | €1,157 | -€192 | -14.2% |
| Recurring financial charges | 65 | €1,349 | €1,157 | -€192 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,577 | €13,757 | +€23,334 | |
| Income taxes | 67/77 | €187 | €3,195 | +€3,008 | +1,612% |
| Profit (loss) for the period | 9904 | -€9,763 | €10,562 | +€20,326 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,763 | €10,562 | +€20,326 |
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 19 October 2026 via checked.be.