ACCESS THE FUTURE: 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.
ACCESS THE FUTURE
Largest movements
- Receivables within one year +€5,045
up €5,045 (+15.3%), from €32,948 to €37,993
of which Trade receivables: +€4,675
- Cash -€3,275
down €3,275 (-3.7%), from €89,142 to €85,867
mainly Contributions, distributions and other (-€101,972) and Other debts (-€5,864)
- Tangible fixed assets -€2,709
down €2,709 (-20.4%), from €13,288 to €10,578
of which Plant, machinery and equipment: -€2,139
- Other debts -€5,864
down €5,864 (-5.4%), from €109,354 to €103,490
- Tax, wage and social debts +€3,963
up €3,963 (+57.6%), from €6,876 to €10,839
of which Taxes: +€2,487
- Staff costs +€10,205
new in 2025: €10,205
- Gross operating margin +€2,401
up €2,401 (+1.7%), from €144,475 to €146,875
- Depreciation -€2,231
down €2,231 (-51.4%), from €4,340 to €2,109
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 | €140,478 | €138,176 | -€2,301 | -1.6% |
| Fixed assets | 21/28 | €13,288 | €10,578 | -€2,709 | -20.4% |
| Tangible fixed assets | 22/27 | €13,288 | €10,578 | -€2,709 | -20.4% |
| Land and buildings | 22 | €4,877 | €4,684 | -€193 | -4.0% |
| Plant, machinery and equipment | 23 | €7,563 | €5,424 | -€2,139 | -28.3% |
| Furniture and vehicles | 24 | €847 | €470 | -€377 | -44.5% |
| Current assets | 29/58 | €127,190 | €127,598 | +€408 | +0.3% |
| Amounts receivable within one year | 40/41 | €32,948 | €37,993 | +€5,045 | +15.3% |
| Trade receivables | 40 | €32,948 | €37,623 | +€4,675 | +14.2% |
| Other amounts receivable | 41 | - | €370 | +€370 | |
| Cash at bank and in hand | 54/58 | €89,142 | €85,867 | -€3,275 | -3.7% |
| Deferred charges and accrued income | 490/1 | €5,099 | €3,738 | -€1,361 | -26.7% |
| Total equity and liabilities | 10/49 | €140,478 | €138,176 | -€2,301 | -1.6% |
| Equity | 10/15 | €22,000 | €22,000 | = | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €118,478 | €116,176 | -€2,301 | -1.9% |
| Amounts payable within one year | 42/48 | €118,478 | €116,176 | -€2,301 | -1.9% |
| Trade debts | 44 | €2,247 | €1,847 | -€400 | -17.8% |
| Suppliers | 440/4 | €2,247 | €1,847 | -€400 | -17.8% |
| Taxes, remuneration and social security | 45 | €6,876 | €10,839 | +€3,963 | +57.6% |
| Taxes | 450/3 | €6,876 | €9,363 | +€2,487 | +36.2% |
| Remuneration and social security | 454/9 | - | €1,476 | +€1,476 | |
| Other amounts payable | 47/48 | €109,354 | €103,490 | -€5,864 | -5.4% |
| Remuneration, social security and pensions | 62 | - | €10,205 | +€10,205 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,340 | €2,109 | -€2,231 | -51.4% |
| Other operating charges | 640/8 | €515 | €1,387 | +€873 | +170% |
| Non-recurring operating charges | 66A | - | €292 | +€292 | |
| Gross operating margin | 9900 | €144,475 | €146,875 | +€2,401 | +1.7% |
| Operating profit (loss) | 9901 | €139,620 | €132,882 | -€6,739 | -4.8% |
| Financial income | 75/76B | €6 | €264 | +€258 | +4,614% |
| Recurring financial income | 75 | €6 | €264 | +€258 | +4,614% |
| Financial charges | 65/66B | €1,431 | €1,303 | -€128 | -8.9% |
| Recurring financial charges | 65 | €1,431 | €1,303 | -€128 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €138,195 | €131,843 | -€6,353 | -4.6% |
| Income taxes | 67/77 | €30,261 | €29,870 | -€391 | -1.3% |
| Profit (loss) for the period | 9904 | €107,934 | €101,972 | -€5,962 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €107,934 | €101,972 | -€5,962 | -5.5% |
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.