921: 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.
What changed
921
NACE 82.990, Other business support services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€190,547
2024 · €46,429+€144,118
Equity
€577,641
2024 · €387,094+€190,547
Cash
€6,186
2024 · €17,495-€11,309
Balance sheet total
€5.6m
2024 · €2.1m+€3.5m
Largest movements
Assets
- Financial fixed assets +€3.2m
up €3.2m (+357.5%), from €890,066 to €4.1m
- Receivables after one year +€370,008
up €370,008 (+100.1%), from €369,609 to €739,617
Equity and liabilities
- Debts after one year +€3.2m
up €3.2m (+232.9%), from €1.4m to €4.5m
- Reserves +€190,547
up €190,547 (+50.0%), from €380,889 to €571,436
- Current portion of long-term debt +€64,252
up €64,252 (+36.6%), from €175,766 to €240,017
Income statement
- Gross operating margin +€207,415
up €207,415 (+102.9%), from €201,532 to €408,947
- Taxes +€66,168
up €66,168 (+219.9%), from €30,085 to €96,253
- Financial charges -€7,718
down €7,718 (-13.0%), from €59,538 to €51,821
- Other operating charges +€7,474
up €7,474 (+124.0%), from €6,030 to €13,505
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.
Result 2024
€46,429
Gross operating margin
+€207,415
Depreciation
+€1,312
Other operating charges
-€7,474
Other operating items
+€1,129
Financial income
+€187
Financial charges
+€7,718
Taxes
-€66,168
Result 2025
€190,547
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.
From operations
-€53,966
Investment
-€3.2m
Financing
+€3.2m
Cash 2024
€17,495
From operations (derived)
-€53,966
Net result for the year
+€190,547
Depreciation
+€57,189
Receivables after one year
-€370,008
Receivables within one year
+€14,562
Deferred charges and accrued income
-€8,744
Trade debts
-€6,120
Tax, wage and social debts
+€18,752
Other debts
+€39,260
Accrued charges and deferred income
+€10,596
Investment (derived)
-€3.2m
Investment in fixed assets (net)
-€3.2m
Financing
+€3.2m
Debts after one year
+€3.2m
Current portion of long-term debt
+€64,252
Short-term financial debts
-€912
Cash 2025
€6,186
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,089,546 | €5,575,791 | +€3.5m | +166.8% |
| Fixed assets | 21/28 | €1,498,896 | €4,632,261 | +€3.1m | +209.0% |
| Tangible fixed assets | 22/27 | €608,831 | €560,392 | -€48,439 | -8.0% |
| Land and buildings | 22 | €521,479 | €485,447 | -€36,033 | -6.9% |
| Plant, machinery and equipment | 23 | €55,796 | €46,498 | -€9,298 | -16.7% |
| Furniture and vehicles | 24 | €23,287 | €14,198 | -€9,090 | -39.0% |
| Other tangible fixed assets | 26 | €8,268 | €14,250 | +€5,982 | +72.3% |
| Financial fixed assets | 28 | €890,066 | €4,071,869 | +€3.2m | +357.5% |
| Current assets | 29/58 | €590,649 | €943,530 | +€352,881 | +59.7% |
| Amounts receivable after more than one year | 29 | €369,609 | €739,617 | +€370,008 | +100.1% |
| Other amounts receivable | 291 | €369,609 | €739,617 | +€370,008 | +100.1% |
| Amounts receivable within one year | 40/41 | €201,688 | €187,126 | -€14,562 | -7.2% |
| Trade receivables | 40 | €138,349 | €171,425 | +€33,076 | +23.9% |
| Other amounts receivable | 41 | €63,339 | €15,702 | -€47,638 | -75.2% |
| Cash at bank and in hand | 54/58 | €17,495 | €6,186 | -€11,309 | -64.6% |
| Deferred charges and accrued income | 490/1 | €1,857 | €10,601 | +€8,744 | +470.9% |
| Total equity and liabilities | 10/49 | €2,089,546 | €5,575,791 | +€3.5m | +166.8% |
| Equity | 10/15 | €387,094 | €577,641 | +€190,547 | +49.2% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €380,889 | €571,436 | +€190,547 | +50.0% |
| Distributable reserves | 133 | €380,889 | €571,436 | +€190,547 | +50.0% |
| Amounts payable | 17/49 | €1,702,452 | €4,998,151 | +€3.3m | +193.6% |
| Amounts payable after more than one year | 17 | €1,361,108 | €4,530,979 | +€3.2m | +232.9% |
| Financial debts | 170/4 | €1,361,108 | €4,530,979 | +€3.2m | +232.9% |
| Amounts payable within one year | 42/48 | €316,376 | €431,607 | +€115,231 | +36.4% |
| Current portion of amounts payable after more than one year | 42 | €175,766 | €240,017 | +€64,252 | +36.6% |
| Financial debts | 43 | €41,519 | €40,606 | -€912 | -2.2% |
| Credit institutions | 430/8 | €41,519 | €40,606 | -€912 | -2.2% |
| Trade debts | 44 | €17,071 | €10,950 | -€6,120 | -35.9% |
| Suppliers | 440/4 | €17,071 | €10,950 | -€6,120 | -35.9% |
| Taxes, remuneration and social security | 45 | €30,147 | €48,899 | +€18,752 | +62.2% |
| Taxes | 450/3 | €30,147 | €48,899 | +€18,752 | +62.2% |
| Other amounts payable | 47/48 | €51,874 | €91,134 | +€39,260 | +75.7% |
| Accrued charges and deferred income | 492/3 | €24,968 | €35,564 | +€10,596 | +42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,501 | €57,189 | -€1,312 | -2.2% |
| Other operating charges | 640/8 | €6,030 | €13,505 | +€7,474 | +124.0% |
| Non-recurring operating charges | 66A | €1,129 | €0 | -€1,129 | -100.0% |
| Gross operating margin | 9900 | €201,532 | €408,947 | +€207,415 | +102.9% |
| Operating profit (loss) | 9901 | €135,872 | €338,253 | +€202,381 | +148.9% |
| Financial income | 75/76B | €181 | €368 | +€187 | +103.2% |
| Recurring financial income | 75 | €181 | €368 | +€187 | +103.2% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €59,538 | €51,821 | -€7,718 | -13.0% |
| Recurring financial charges | 65 | €59,538 | €51,821 | -€7,718 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €76,514 | €286,800 | +€210,285 | +274.8% |
| Income taxes | 67/77 | €30,085 | €96,253 | +€66,168 | +219.9% |
| Profit (loss) for the period | 9904 | €46,429 | €190,547 | +€144,118 | +310.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,429 | €190,547 | +€144,118 | +310.4% |
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 8 October 2026 via checked.be.