A-GIPS: what changed
A-GIPS
Largest movements
- Receivables within one year -€18,237
down €18,237 (-47.9%), from €38,046 to €19,810
of which Other amounts receivable: -€18,172
- Cash -€3,850
down €3,850 (-5.9%), from €65,617 to €61,767
mainly Contributions, distributions and other (-€32,639) and Other debts (-€20,568)
- Other debts -€20,568
down €20,568 (-38.7%), from €53,207 to €32,639
- Reserves +€10,000
up €10,000 (+30.9%), from €32,362 to €42,362
- Short-term financial debts -€9,986
down €9,986 (-59.8%), from €16,708 to €6,722
- Tax, wage and social debts -€1,543
no longer reported in 2026 (was €1,543)
- Gross operating margin -€12,388
down €12,388 (-17.6%), from €70,342 to €57,954
- Taxes -€4,763
down €4,763 (-24.1%), from €19,780 to €15,017
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,106 | €83,037 | -€22,069 | -21.0% |
| Current assets | 29/58 | €105,106 | €83,037 | -€22,069 | -21.0% |
| Amounts receivable within one year | 40/41 | €38,046 | €19,810 | -€18,237 | -47.9% |
| Trade receivables | 40 | €12,645 | €12,580 | -€65 | -0.5% |
| Other amounts receivable | 41 | €25,402 | €7,230 | -€18,172 | -71.5% |
| Cash at bank and in hand | 54/58 | €65,617 | €61,767 | -€3,850 | -5.9% |
| Deferred charges and accrued income | 490/1 | €1,443 | €1,461 | +€18 | +1.3% |
| Total equity and liabilities | 10/49 | €105,106 | €83,037 | -€22,069 | -21.0% |
| Equity | 10/15 | €32,362 | €42,362 | +€10,000 | +30.9% |
| Reserves | 13 | €32,362 | €42,362 | +€10,000 | +30.9% |
| Distributable reserves | 133 | €32,362 | €42,362 | +€10,000 | +30.9% |
| Amounts payable | 17/49 | €72,744 | €40,675 | -€32,069 | -44.1% |
| Amounts payable within one year | 42/48 | €72,744 | €40,675 | -€32,069 | -44.1% |
| Financial debts | 43 | €16,708 | €6,722 | -€9,986 | -59.8% |
| Other loans | 439 | €16,708 | €6,722 | -€9,986 | -59.8% |
| Trade debts | 44 | €1,286 | €1,314 | +€28 | +2.1% |
| Suppliers | 440/4 | €1,286 | €1,314 | +€28 | +2.1% |
| Taxes, remuneration and social security | 45 | €1,543 | - | -€1,543 | |
| Taxes | 450/3 | €1,543 | - | -€1,543 | |
| Other amounts payable | 47/48 | €53,207 | €32,639 | -€20,568 | -38.7% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €70,342 | €57,954 | -€12,388 | -17.6% |
| Operating profit (loss) | 9901 | €69,837 | €57,434 | -€12,403 | -17.8% |
| Financial income | 75/76B | €912 | €754 | -€157 | -17.3% |
| Recurring financial income | 75 | €912 | €754 | -€157 | -17.3% |
| Financial charges | 65/66B | €303 | €533 | +€229 | +75.6% |
| Recurring financial charges | 65 | €303 | €533 | +€229 | +75.6% |
| Profit (loss) for the period before taxes | 9903 | €70,445 | €57,656 | -€12,790 | -18.2% |
| Income taxes | 67/77 | €19,780 | €15,017 | -€4,763 | -24.1% |
| Profit (loss) for the period | 9904 | €50,665 | €42,639 | -€8,026 | -15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €50,665 | €42,639 | -€8,026 | -15.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.