93 Lines: 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.
93 Lines
Largest movements
- Tangible fixed assets +€45,698
up €45,698 (+27.8%), from €164,114 to €209,812
of which Land and buildings: +€53,240
- Cash -€18,241
down €18,241 (-97.5%), from €18,715 to €474
mainly Investment in fixed assets (net) (-€67,587) and Other debts (-€14,853)
- Receivables within one year +€5,930
up €5,930 (+144.9%), from €4,092 to €10,022
of which Trade receivables: +€5,918
- Debts after one year +€55,916
up €55,916 (+138.8%), from €40,277 to €96,193
- Other debts -€14,853
down €14,853 (-19.9%), from €74,800 to €59,947
- Trade debts +€8,163
up €8,163 (+64.5%), from €12,662 to €20,825
- Tax, wage and social debts -€7,510
down €7,510 (-47.0%), from €15,979 to €8,469
of which Taxes: -€6,033
- Profit (loss) carried forward -€5,135
down €5,135 (-23.6%), from €21,720 to €16,585
- Turnover -€43,817
down €43,817 (-21.7%), from €201,528 to €157,711
- Purchases and services -€23,420
down €23,420 (-14.3%), from €164,017 to €140,597
- Gross operating margin -€15,473
down €15,473 (-41.2%), from €37,511 to €22,038
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 | €190,647 | €224,044 | +€33,397 | +17.5% |
| Fixed assets | 21/28 | €164,114 | €209,812 | +€45,698 | +27.8% |
| Tangible fixed assets | 22/27 | €164,114 | €209,812 | +€45,698 | +27.8% |
| Land and buildings | 22 | €141,645 | €194,885 | +€53,240 | +37.6% |
| Furniture and vehicles | 24 | €22,469 | €14,927 | -€7,542 | -33.6% |
| Current assets | 29/58 | €26,533 | €14,232 | -€12,301 | -46.4% |
| Amounts receivable within one year | 40/41 | €4,092 | €10,022 | +€5,930 | +144.9% |
| Trade receivables | 40 | €4,081 | €9,999 | +€5,918 | +145.0% |
| Other amounts receivable | 41 | €11 | €23 | +€12 | +109.1% |
| Cash at bank and in hand | 54/58 | €18,715 | €474 | -€18,241 | -97.5% |
| Deferred charges and accrued income | 490/1 | €3,726 | €3,736 | +€10 | +0.3% |
| Total equity and liabilities | 10/49 | €190,647 | €224,044 | +€33,397 | +17.5% |
| Equity | 10/15 | €32,629 | €27,494 | -€5,135 | -15.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,909 | €5,909 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,909 | €5,909 | = | 0.0% |
| Other | 1319 | €5,909 | €5,909 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,720 | €16,585 | -€5,135 | -23.6% |
| Amounts payable | 17/49 | €158,018 | €196,550 | +€38,532 | +24.4% |
| Amounts payable after more than one year | 17 | €40,277 | €96,193 | +€55,916 | +138.8% |
| Financial debts | 170/4 | €40,277 | €96,193 | +€55,916 | +138.8% |
| Amounts payable within one year | 42/48 | €117,741 | €100,357 | -€17,384 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €14,300 | €11,116 | -€3,184 | -22.3% |
| Trade debts | 44 | €12,662 | €20,825 | +€8,163 | +64.5% |
| Suppliers | 440/4 | €12,662 | €20,825 | +€8,163 | +64.5% |
| Taxes, remuneration and social security | 45 | €15,979 | €8,469 | -€7,510 | -47.0% |
| Taxes | 450/3 | €14,502 | €8,469 | -€6,033 | -41.6% |
| Remuneration and social security | 454/9 | €1,477 | - | -€1,477 | |
| Other amounts payable | 47/48 | €74,800 | €59,947 | -€14,853 | -19.9% |
| Turnover | 70 | €201,528 | €157,711 | -€43,817 | -21.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €164,017 | €140,597 | -€23,420 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,165 | €21,889 | -€276 | -1.2% |
| Other operating charges | 640/8 | €3,292 | €2,771 | -€521 | -15.8% |
| Gross operating margin | 9900 | €37,511 | €22,038 | -€15,473 | -41.2% |
| Operating profit (loss) | 9901 | €12,054 | -€2,622 | -€14,676 | |
| Financial income | 75/76B | €42 | €166 | +€124 | +295.2% |
| Recurring financial income | 75 | €42 | €166 | +€124 | +295.2% |
| Financial charges | 65/66B | €3,993 | €2,495 | -€1,498 | -37.5% |
| Recurring financial charges | 65 | €3,993 | €2,495 | -€1,498 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €8,103 | -€4,951 | -€13,054 | |
| Income taxes | 67/77 | €2,194 | €184 | -€2,010 | -91.6% |
| Profit (loss) for the period | 9904 | €5,909 | -€5,135 | -€11,044 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,909 | -€5,135 | -€11,044 |
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 7 October 2026 via checked.be.