All-In: 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.
All-In
Largest movements
- Financial fixed assets +€350,000
up €350,000 (+16.5%), from €2.1m to €2.5m
- Deferred charges and accrued income -€68,844
down €68,844 (-97.0%), from €71,000 to €2,156
- Cash +€40,540
up €40,540 (+2,058%), from €1,970 to €42,510
mainly Net result for the year (+€235,021) and Debts after one year (+€110,303)
- Profit (loss) carried forward +€235,021
up €235,021 (+37,822%), from €621 to €235,642
- Other debts -€128,218
down €128,218 (-12.4%), from €1.0m to €906,783
- Debts after one year +€110,303
up €110,303 (+11.5%), from €958,946 to €1.1m
- Current portion of long-term debt +€59,479
up €59,479 (+39.6%), from €150,218 to €209,697
- Accrued charges and deferred income +€46,814
up €46,814 (+108%), from €43,481 to €90,295
- Financial income +€256,133
new in 2025: €256,133
- Financial charges +€72,976
up €72,976 (+113%), from €64,557 to €137,533
- Gross operating margin +€50,676
up €50,676 (+76.5%), from €66,257 to €116,933
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 | €2,192,970 | €2,514,666 | +€321,696 | +14.7% |
| Fixed assets | 21/28 | €2,120,000 | €2,470,000 | +€350,000 | +16.5% |
| Financial fixed assets | 28 | €2,120,000 | €2,470,000 | +€350,000 | +16.5% |
| Current assets | 29/58 | €72,970 | €44,666 | -€28,304 | -38.8% |
| Cash at bank and in hand | 54/58 | €1,970 | €42,510 | +€40,540 | +2,058% |
| Deferred charges and accrued income | 490/1 | €71,000 | €2,156 | -€68,844 | -97.0% |
| Total equity and liabilities | 10/49 | €2,192,970 | €2,514,666 | +€321,696 | +14.7% |
| Equity | 10/15 | €3,621 | €238,642 | +€235,021 | +6,490% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €621 | €235,642 | +€235,021 | +37,822% |
| Amounts payable | 17/49 | €2,189,348 | €2,276,024 | +€86,675 | +4.0% |
| Amounts payable after more than one year | 17 | €958,946 | €1,069,249 | +€110,303 | +11.5% |
| Financial debts | 170/4 | €958,946 | €1,069,249 | +€110,303 | +11.5% |
| Amounts payable within one year | 42/48 | €1,186,921 | €1,116,479 | -€70,442 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €150,218 | €209,697 | +€59,479 | +39.6% |
| Trade debts | 44 | €1,703 | €0 | -€1,703 | -100% |
| Suppliers | 440/4 | €1,703 | €0 | -€1,703 | -100% |
| Other amounts payable | 47/48 | €1,035,000 | €906,783 | -€128,218 | -12.4% |
| Accrued charges and deferred income | 492/3 | €43,481 | €90,295 | +€46,814 | +108% |
| Other operating charges | 640/8 | €1,079 | €512 | -€567 | -52.6% |
| Gross operating margin | 9900 | €66,257 | €116,933 | +€50,676 | +76.5% |
| Operating profit (loss) | 9901 | €65,178 | €116,421 | +€51,243 | +78.6% |
| Financial income | 75/76B | - | €256,133 | +€256,133 | |
| Recurring financial income | 75 | - | €256,133 | +€256,133 | |
| Financial charges | 65/66B | €64,557 | €137,533 | +€72,976 | +113% |
| Recurring financial charges | 65 | €64,557 | €137,533 | +€72,976 | +113% |
| Profit (loss) for the period before taxes | 9903 | €621 | €235,021 | +€234,400 | +37,722% |
| Profit (loss) for the period | 9904 | €621 | €235,021 | +€234,400 | +37,722% |
| Profit (loss) for the period to be appropriated | 9905 | €621 | €235,021 | +€234,400 | +37,722% |
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 17 October 2026 via checked.be.