ADD-OK: 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.
ADD-OK
Largest movements
- Tangible fixed assets -€15,878
down €15,878 (-3.2%), from €494,049 to €478,171
of which Land and buildings: -€13,155
- Receivables within one year +€10,125
up €10,125 (+152%), from €6,665 to €16,790
of which Other amounts receivable: +€11,092
- Cash +€8,707
up €8,707 (+67.6%), from €12,878 to €21,585
mainly Trade debts (+€19,005) and Depreciation (+€17,136)
- Trade debts +€19,005
up €19,005 (+2,662%), from €714 to €19,719
of which Bills of exchange payable: +€15,000
- Debts after one year -€18,167
down €18,167 (-32.7%), from €55,591 to €37,424
- Profit (loss) carried forward +€12,027
up €12,027 (+4.7%), from -€257,024 to -€244,997
- Gross operating margin +€18,348
up €18,348 (+67.2%), from €27,297 to €45,645
- Turnover +€10,599
up €10,599 (+9.5%), from €112,075 to €122,674
- Depreciation -€2,455
down €2,455 (-12.5%), from €19,591 to €17,136
- Other operating charges +€1,848
up €1,848 (+41.4%), from €4,465 to €6,313
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 | €517,367 | €528,507 | +€11,140 | +2.2% |
| Fixed assets | 21/28 | €494,049 | €478,171 | -€15,878 | -3.2% |
| Tangible fixed assets | 22/27 | €494,049 | €478,171 | -€15,878 | -3.2% |
| Land and buildings | 22 | €488,697 | €475,542 | -€13,155 | -2.7% |
| Plant, machinery and equipment | 23 | €2,960 | €972 | -€1,988 | -67.2% |
| Furniture and vehicles | 24 | €2,392 | €1,657 | -€735 | -30.7% |
| Current assets | 29/58 | €23,318 | €50,336 | +€27,018 | +116% |
| Stocks and contracts in progress | 3 | €1,142 | €4,254 | +€3,112 | +273% |
| Stocks | 30/36 | €1,142 | €4,254 | +€3,112 | +273% |
| Amounts receivable within one year | 40/41 | €6,665 | €16,790 | +€10,125 | +152% |
| Trade receivables | 40 | €1,087 | €120 | -€967 | -89.0% |
| Other amounts receivable | 41 | €5,578 | €16,670 | +€11,092 | +199% |
| Cash at bank and in hand | 54/58 | €12,878 | €21,585 | +€8,707 | +67.6% |
| Deferred charges and accrued income | 490/1 | €2,633 | €7,707 | +€5,074 | +193% |
| Total equity and liabilities | 10/49 | €517,367 | €528,507 | +€11,140 | +2.2% |
| Equity | 10/15 | €428,423 | €440,450 | +€12,027 | +2.8% |
| Contributions | 10/11 | €513,000 | €513,000 | = | 0.0% |
| Contributions outside capital | 11 | €513,000 | €513,000 | = | 0.0% |
| Other | 1109/19 | €513,000 | €513,000 | = | 0.0% |
| Revaluation surpluses | 12 | €140,961 | €140,961 | = | 0.0% |
| Reserves | 13 | €31,486 | €31,486 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,999 | €9,999 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,999 | €9,999 | = | 0.0% |
| Distributable reserves | 133 | €21,487 | €21,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€257,024 | -€244,997 | +€12,027 | +4.7% |
| Amounts payable | 17/49 | €88,944 | €88,057 | -€887 | -1.0% |
| Amounts payable after more than one year | 17 | €55,591 | €37,424 | -€18,167 | -32.7% |
| Financial debts | 170/4 | €55,591 | €37,424 | -€18,167 | -32.7% |
| Amounts payable within one year | 42/48 | €29,139 | €45,828 | +€16,689 | +57.3% |
| Current portion of amounts payable after more than one year | 42 | €24,749 | €21,533 | -€3,216 | -13.0% |
| Trade debts | 44 | €714 | €19,719 | +€19,005 | +2,662% |
| Suppliers | 440/4 | €714 | €4,719 | +€4,005 | +561% |
| Bills of exchange payable | 441 | - | €15,000 | +€15,000 | |
| Advances received on contracts in progress | 46 | €794 | €670 | -€124 | -15.6% |
| Taxes, remuneration and social security | 45 | €1,482 | €2,506 | +€1,024 | +69.1% |
| Taxes | 450/3 | €1,482 | €2,506 | +€1,024 | +69.1% |
| Other amounts payable | 47/48 | €1,400 | €1,400 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,214 | €4,805 | +€591 | +14.0% |
| Turnover | 70 | €112,075 | €122,674 | +€10,599 | +9.5% |
| Non-recurring operating income | 76A | €27 | €254 | +€227 | +841% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,591 | €17,136 | -€2,455 | -12.5% |
| Other operating charges | 640/8 | €4,465 | €6,313 | +€1,848 | +41.4% |
| Non-recurring operating charges | 66A | €1,218 | - | -€1,218 | |
| Gross operating margin | 9900 | €27,297 | €45,645 | +€18,348 | +67.2% |
| Operating profit (loss) | 9901 | €2,023 | €22,196 | +€20,173 | +997% |
| Financial income | 75/76B | - | €258 | +€258 | |
| Recurring financial income | 75 | - | €258 | +€258 | |
| Financial charges | 65/66B | €1,916 | €1,567 | -€349 | -18.2% |
| Recurring financial charges | 65 | €1,916 | €1,567 | -€349 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €107 | €20,887 | +€20,780 | +19,421% |
| Transfer to deferred taxes | 680 | €1,046 | €6,860 | +€5,814 | +556% |
| Profit (loss) for the period | 9904 | -€939 | €14,027 | +€14,966 | |
| Profit (loss) for the period to be appropriated | 9905 | -€939 | €14,027 | +€14,966 |
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 18 October 2026 via checked.be.