ADDON: 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.
ADDON
Largest movements
- Tangible fixed assets -€12,630
down €12,630 (-3.7%), from €345,960 to €333,330
of which Land and buildings: -€11,391
- Trade debts -€15,288
down €15,288 (-37.3%), from €40,996 to €25,708
- Tax, wage and social debts -€10,348
down €10,348 (-66.2%), from €15,630 to €5,283
of which Taxes: -€6,877
- Short-term financial debts +€7,500
up €7,500 (+5.4%), from €138,250 to €145,750
- Debts after one year +€4,037
up €4,037 (+3.2%), from €124,352 to €128,389
- Staff costs -€25,922
down €25,922 (-46.2%), from €56,090 to €30,167
- Financial income -€22,213
down €22,213 (-95.7%), from €23,200 to €987
of which Non-recurring financial income: -€23,000
- Gross operating margin +€19,880
up €19,880 (+43.9%), from €45,301 to €65,181
- Financial charges +€12,578
up €12,578 (+106.6%), from €11,801 to €24,379
of which Non-recurring financial charges: +€14,431
- Other operating charges +€4,749
up €4,749 (+258.1%), from €1,840 to €6,589
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.
Cash bridge derived
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 | €372,856 | €360,136 | -€12,720 | -3.4% |
| Fixed assets | 21/28 | €345,960 | €333,330 | -€12,630 | -3.7% |
| Tangible fixed assets | 22/27 | €345,960 | €333,330 | -€12,630 | -3.7% |
| Land and buildings | 22 | €341,391 | €330,000 | -€11,391 | -3.3% |
| Plant, machinery and equipment | 23 | €45 | €0 | -€45 | -100.0% |
| Furniture and vehicles | 24 | €4,523 | €3,330 | -€1,194 | -26.4% |
| Current assets | 29/58 | €26,895 | €26,806 | -€90 | -0.3% |
| Stocks and contracts in progress | 3 | €8,000 | €8,000 | = | 0.0% |
| Stocks | 30/36 | €8,000 | €8,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,257 | €12,827 | -€430 | -3.2% |
| Trade receivables | 40 | €13,257 | €12,827 | -€430 | -3.2% |
| Cash at bank and in hand | 54/58 | €5,639 | €5,979 | +€341 | +6.0% |
| Total equity and liabilities | 10/49 | €372,856 | €360,136 | -€12,720 | -3.4% |
| Equity | 10/15 | €53,627 | €55,006 | +€1,379 | +2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,756 | €41,756 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €39,896 | €39,896 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,730 | -€5,350 | +€1,379 | +20.5% |
| Amounts payable | 17/49 | €319,229 | €305,130 | -€14,099 | -4.4% |
| Amounts payable after more than one year | 17 | €124,352 | €128,389 | +€4,037 | +3.2% |
| Other amounts payable | 178/9 | €124,352 | €128,389 | +€4,037 | +3.2% |
| Amounts payable within one year | 42/48 | €194,876 | €176,741 | -€18,136 | -9.3% |
| Financial debts | 43 | €138,250 | €145,750 | +€7,500 | +5.4% |
| Other loans | 439 | €138,250 | €145,750 | +€7,500 | +5.4% |
| Trade debts | 44 | €40,996 | €25,708 | -€15,288 | -37.3% |
| Suppliers | 440/4 | €40,996 | €25,708 | -€15,288 | -37.3% |
| Taxes, remuneration and social security | 45 | €15,630 | €5,283 | -€10,348 | -66.2% |
| Taxes | 450/3 | €12,160 | €5,283 | -€6,877 | -56.6% |
| Remuneration and social security | 454/9 | €3,471 | - | -€3,471 | |
| Remuneration, social security and pensions | 62 | €56,090 | €30,167 | -€25,922 | -46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,498 | €2,810 | -€2,688 | -48.9% |
| Other operating charges | 640/8 | €1,840 | €6,589 | +€4,749 | +258.1% |
| Gross operating margin | 9900 | €45,301 | €65,181 | +€19,880 | +43.9% |
| Operating profit (loss) | 9901 | -€18,127 | €25,615 | +€43,741 | |
| Financial income | 75/76B | €23,200 | €987 | -€22,213 | -95.7% |
| Recurring financial income | 75 | €200 | €987 | +€787 | +393.8% |
| Non-recurring financial income | 76B | €23,000 | - | -€23,000 | |
| Financial charges | 65/66B | €11,801 | €24,379 | +€12,578 | +106.6% |
| Recurring financial charges | 65 | €11,801 | €9,948 | -€1,853 | -15.7% |
| Non-recurring financial charges | 66B | - | €14,431 | +€14,431 | |
| Profit (loss) for the period before taxes | 9903 | -€6,728 | €2,223 | +€8,950 | |
| Income taxes | 67/77 | €2 | €843 | +€841 | +43826.0% |
| Profit (loss) for the period | 9904 | -€6,730 | €1,379 | +€8,109 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,730 | €1,379 | +€8,109 |
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 11 October 2026 via checked.be.