Absoluut: 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.
Absoluut
Largest movements
- Deferred charges and accrued income -€168,780
down €168,780 (-59.4%), from €284,003 to €115,224
- Cash +€155,360
up €155,360 (+68.0%), from €228,353 to €383,713
mainly Deferred charges and accrued income (+€168,780) and Depreciation (+€85,714)
- Tangible fixed assets -€69,776
down €69,776 (-22.1%), from €316,143 to €246,367
of which Furniture and vehicles: -€48,707
- Accrued charges and deferred income +€70,086
up €70,086 (+643%), from €10,908 to €80,993
- Trade debts -€57,983
down €57,983 (-5.1%), from €1.1m to €1.1m
- Profit (loss) carried forward -€50,637
down €50,637 (-14.9%), from -€339,198 to -€389,834
- Debts after one year -€49,760
down €49,760 (-15.6%), from €319,513 to €269,753
of which Financial debts: -€37,760
- Gross operating margin -€580,865
down €580,865 (-21.6%), from €2.7m to €2.1m
- Staff costs -€369,845
down €369,845 (-15.5%), from €2.4m to €2.0m
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 | €2,661,714 | €2,545,073 | -€116,641 | -4.4% |
| Fixed assets | 21/28 | €382,232 | €296,830 | -€85,402 | -22.3% |
| Tangible fixed assets | 22/27 | €316,143 | €246,367 | -€69,776 | -22.1% |
| Land and buildings | 22 | €112,584 | €91,687 | -€20,898 | -18.6% |
| Plant, machinery and equipment | 23 | €343 | €171 | -€172 | -50.1% |
| Furniture and vehicles | 24 | €203,216 | €154,510 | -€48,707 | -24.0% |
| Financial fixed assets | 28 | €66,088 | €50,463 | -€15,625 | -23.6% |
| Current assets | 29/58 | €2,279,482 | €2,248,243 | -€31,239 | -1.4% |
| Amounts receivable within one year | 40/41 | €1,767,126 | €1,749,306 | -€17,820 | -1.0% |
| Trade receivables | 40 | €1,657,160 | €1,652,739 | -€4,420 | -0.3% |
| Other amounts receivable | 41 | €109,966 | €96,566 | -€13,400 | -12.2% |
| Cash at bank and in hand | 54/58 | €228,353 | €383,713 | +€155,360 | +68.0% |
| Deferred charges and accrued income | 490/1 | €284,003 | €115,224 | -€168,780 | -59.4% |
| Total equity and liabilities | 10/49 | €2,661,714 | €2,545,073 | -€116,641 | -4.4% |
| Equity | 10/15 | €202,028 | €151,391 | -€50,637 | -25.1% |
| Contributions | 10/11 | €28,346 | €28,346 | = | 0.0% |
| Reserves | 13 | €512,879 | €512,879 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,835 | €2,835 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,835 | €2,835 | = | 0.0% |
| Tax-exempt reserves | 132 | €45 | €45 | = | 0.0% |
| Distributable reserves | 133 | €510,000 | €510,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€339,198 | -€389,834 | -€50,637 | -14.9% |
| Amounts payable | 17/49 | €2,459,686 | €2,393,682 | -€66,004 | -2.7% |
| Amounts payable after more than one year | 17 | €319,513 | €269,753 | -€49,760 | -15.6% |
| Financial debts | 170/4 | €161,013 | €123,253 | -€37,760 | -23.5% |
| Other amounts payable | 178/9 | €158,500 | €146,500 | -€12,000 | -7.6% |
| Amounts payable within one year | 42/48 | €2,129,265 | €2,042,936 | -€86,330 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €259,954 | €243,076 | -€16,877 | -6.5% |
| Financial debts | 43 | €251,924 | €251,928 | +€4 | 0.0% |
| Credit institutions | 430/8 | €251,924 | €251,928 | +€4 | 0.0% |
| Trade debts | 44 | €1,138,132 | €1,080,149 | -€57,983 | -5.1% |
| Suppliers | 440/4 | €1,138,132 | €1,080,149 | -€57,983 | -5.1% |
| Taxes, remuneration and social security | 45 | €472,256 | €467,782 | -€4,474 | -0.9% |
| Taxes | 450/3 | €266,363 | €290,283 | +€23,920 | +9.0% |
| Remuneration and social security | 454/9 | €205,892 | €177,499 | -€28,394 | -13.8% |
| Other amounts payable | 47/48 | €7,000 | - | -€7,000 | |
| Accrued charges and deferred income | 492/3 | €10,908 | €80,993 | +€70,086 | +643% |
| Remuneration, social security and pensions | 62 | €2,393,691 | €2,023,846 | -€369,845 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,123 | €85,714 | -€26,409 | -23.6% |
| Other operating charges | 640/8 | €4,278 | €8,308 | +€4,029 | +94.2% |
| Gross operating margin | 9900 | €2,687,977 | €2,107,112 | -€580,865 | -21.6% |
| Operating profit (loss) | 9901 | €177,885 | -€10,756 | -€188,641 | |
| Financial income | 75/76B | €3,387 | €3,738 | +€352 | +10.4% |
| Recurring financial income | 75 | €3,387 | €3,738 | +€352 | +10.4% |
| Financial charges | 65/66B | €61,968 | €41,615 | -€20,352 | -32.8% |
| Recurring financial charges | 65 | €61,968 | €41,615 | -€20,352 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €119,304 | -€48,633 | -€167,937 | |
| Income taxes | 67/77 | €2,136 | €2,003 | -€132 | -6.2% |
| Profit (loss) for the period | 9904 | €117,168 | -€50,637 | -€167,805 | |
| Profit (loss) for the period to be appropriated | 9905 | €117,168 | -€50,637 | -€167,805 |
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 13 October 2026 via checked.be.