ADDED-TUDE: 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.
ADDED-TUDE
Largest movements
- Receivables after one year -€61,410
down €61,410 (-100%), from €61,410 to €0
- Receivables within one year -€34,047
down €34,047 (-50.7%), from €67,164 to €33,117
of which Other amounts receivable: -€39,643
- Cash +€2,097
up €2,097 (+11.1%), from €18,955 to €21,052
mainly Receivables after one year (+€61,410) and Receivables within one year (+€34,047)
- Reserves -€104,410
down €104,410 (-78.6%), from €132,811 to €28,401
- Other debts +€15,220
new in 2025: €15,220
- Tax, wage and social debts -€3,980
down €3,980 (-33.2%), from €11,976 to €7,996
- Gross operating margin +€14,685
up €14,685 (+64.4%), from €22,805 to €37,490
- Taxes +€1,982
up €1,982 (+32.4%), from €6,118 to €8,099
- Other operating charges -€1,086
down €1,086 (-63.3%), from €1,717 to €631
- Financial charges -€551
down €551 (-60.5%), from €911 to €360
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 | €149,265 | €55,503 | -€93,762 | -62.8% |
| Current assets | 29/58 | €149,265 | €55,503 | -€93,762 | -62.8% |
| Amounts receivable after more than one year | 29 | €61,410 | €0 | -€61,410 | -100% |
| Other amounts receivable | 291 | €61,410 | €0 | -€61,410 | -100% |
| Amounts receivable within one year | 40/41 | €67,164 | €33,117 | -€34,047 | -50.7% |
| Trade receivables | 40 | €26,620 | €32,216 | +€5,596 | +21.0% |
| Other amounts receivable | 41 | €40,544 | €901 | -€39,643 | -97.8% |
| Cash at bank and in hand | 54/58 | €18,955 | €21,052 | +€2,097 | +11.1% |
| Deferred charges and accrued income | 490/1 | €1,735 | €1,333 | -€402 | -23.1% |
| Total equity and liabilities | 10/49 | €149,265 | €55,503 | -€93,762 | -62.8% |
| Equity | 10/15 | €136,311 | €31,901 | -€104,410 | -76.6% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €132,811 | €28,401 | -€104,410 | -78.6% |
| Distributable reserves | 133 | €132,811 | €28,401 | -€104,410 | -78.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €12,954 | €23,602 | +€10,648 | +82.2% |
| Amounts payable within one year | 42/48 | €12,954 | €23,602 | +€10,648 | +82.2% |
| Trade debts | 44 | €978 | €386 | -€591 | -60.5% |
| Suppliers | 440/4 | €978 | €386 | -€591 | -60.5% |
| Taxes, remuneration and social security | 45 | €11,976 | €7,996 | -€3,980 | -33.2% |
| Taxes | 450/3 | €11,976 | €7,996 | -€3,980 | -33.2% |
| Other amounts payable | 47/48 | - | €15,220 | +€15,220 | |
| Other operating charges | 640/8 | €1,717 | €631 | -€1,086 | -63.3% |
| Gross operating margin | 9900 | €22,805 | €37,490 | +€14,685 | +64.4% |
| Operating profit (loss) | 9901 | €21,088 | €36,859 | +€15,772 | +74.8% |
| Financial income | 75/76B | €10 | €0 | -€10 | -99.4% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -99.4% |
| Financial charges | 65/66B | €911 | €360 | -€551 | -60.5% |
| Recurring financial charges | 65 | €911 | €360 | -€551 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €20,186 | €36,500 | +€16,313 | +80.8% |
| Income taxes | 67/77 | €6,118 | €8,099 | +€1,982 | +32.4% |
| Profit (loss) for the period | 9904 | €14,069 | €28,401 | +€14,332 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €14,069 | €28,401 | +€14,332 | +102% |
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.