All Stores: what changed
All Stores
Largest movements
- Receivables within one year +€179,068
up €179,068 (+542%), from €33,053 to €212,121
of which Other amounts receivable: +€182,956
- Cash -€95,196
down €95,196 (-25.3%), from €376,931 to €281,734
mainly Receivables within one year (-€179,068) and Contributions, distributions and other (-€63,731)
- Stocks and contracts -€24,167
down €24,167 (-29.0%), from €83,452 to €59,284
- Tangible fixed assets -€14,228
down €14,228 (-3.4%), from €418,847 to €404,619
of which Other tangible fixed assets: -€9,186
- Deferred charges and accrued income +€13,913
up €13,913 (+119%), from €11,664 to €25,577
- Other debts +€43,731
up €43,731 (+219%), from €20,000 to €63,731
- Debts after one year -€37,201
down €37,201 (-9.2%), from €406,297 to €369,096
- Reserves +€36,269
up €36,269 (+17.0%), from €213,731 to €250,000
- Profit (loss) carried forward +€10,449
up €10,449 (+4.9%), from €212,790 to €223,239
- Gross operating margin +€54,485
up €54,485 (+20.9%), from €260,546 to €315,031
- Staff costs +€18,688
up €18,688 (+23.1%), from €81,049 to €99,737
- Taxes +€14,636
up €14,636 (+50.6%), from €28,943 to €43,579
- Financial income +€8,451
up €8,451 (+78.8%), from €10,724 to €19,175
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €924,641 | €984,031 | +€59,390 | +6.4% |
| Fixed assets | 21/28 | €419,542 | €405,314 | -€14,228 | -3.4% |
| Tangible fixed assets | 22/27 | €418,847 | €404,619 | -€14,228 | -3.4% |
| Land and buildings | 22 | €345,457 | €338,048 | -€7,409 | -2.1% |
| Plant, machinery and equipment | 23 | €543 | €922 | +€379 | +69.7% |
| Furniture and vehicles | 24 | €42,434 | €44,422 | +€1,988 | +4.7% |
| Other tangible fixed assets | 26 | €30,413 | €21,227 | -€9,186 | -30.2% |
| Financial fixed assets | 28 | €695 | €695 | = | 0.0% |
| Current assets | 29/58 | €505,099 | €578,717 | +€73,618 | +14.6% |
| Stocks and contracts in progress | 3 | €83,452 | €59,284 | -€24,167 | -29.0% |
| Stocks | 30/36 | €83,452 | €59,284 | -€24,167 | -29.0% |
| Amounts receivable within one year | 40/41 | €33,053 | €212,121 | +€179,068 | +542% |
| Trade receivables | 40 | €11,705 | €7,818 | -€3,887 | -33.2% |
| Other amounts receivable | 41 | €21,348 | €204,303 | +€182,956 | +857% |
| Cash at bank and in hand | 54/58 | €376,931 | €281,734 | -€95,196 | -25.3% |
| Deferred charges and accrued income | 490/1 | €11,664 | €25,577 | +€13,913 | +119% |
| Total equity and liabilities | 10/49 | €924,641 | €984,031 | +€59,390 | +6.4% |
| Equity | 10/15 | €440,781 | €487,499 | +€46,718 | +10.6% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €213,731 | €250,000 | +€36,269 | +17.0% |
| Distributable reserves | 133 | €213,731 | €250,000 | +€36,269 | +17.0% |
| Profit (loss) carried forward | 14 | €212,790 | €223,239 | +€10,449 | +4.9% |
| Amounts payable | 17/49 | €483,859 | €496,532 | +€12,672 | +2.6% |
| Amounts payable after more than one year | 17 | €406,297 | €369,096 | -€37,201 | -9.2% |
| Financial debts | 170/4 | €406,297 | €369,096 | -€37,201 | -9.2% |
| Amounts payable within one year | 42/48 | €77,562 | €127,435 | +€49,873 | +64.3% |
| Current portion of amounts payable after more than one year | 42 | €36,417 | €37,201 | +€784 | +2.2% |
| Trade debts | 44 | €15,488 | €16,403 | +€916 | +5.9% |
| Suppliers | 440/4 | €15,488 | €16,403 | +€916 | +5.9% |
| Advances received on contracts in progress | 46 | €475 | - | -€475 | |
| Taxes, remuneration and social security | 45 | €5,182 | €10,099 | +€4,917 | +94.9% |
| Taxes | 450/3 | €3,730 | €7,230 | +€3,500 | +93.8% |
| Remuneration and social security | 454/9 | €1,452 | €2,869 | +€1,417 | +97.6% |
| Other amounts payable | 47/48 | €20,000 | €63,731 | +€43,731 | +219% |
| Non-recurring operating income | 76A | - | €5,061 | +€5,061 | |
| Remuneration, social security and pensions | 62 | €81,049 | €99,737 | +€18,688 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,679 | €60,496 | +€818 | +1.4% |
| Other operating charges | 640/8 | €4,509 | €4,807 | +€298 | +6.6% |
| Gross operating margin | 9900 | €260,546 | €315,031 | +€54,485 | +20.9% |
| Operating profit (loss) | 9901 | €115,310 | €149,991 | +€34,681 | +30.1% |
| Financial income | 75/76B | €10,724 | €19,175 | +€8,451 | +78.8% |
| Recurring financial income | 75 | €10,724 | €19,175 | +€8,451 | +78.8% |
| Financial charges | 65/66B | €17,308 | €15,138 | -€2,171 | -12.5% |
| Recurring financial charges | 65 | €17,308 | €15,138 | -€2,171 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €108,725 | €154,028 | +€45,303 | +41.7% |
| Income taxes | 67/77 | €28,943 | €43,579 | +€14,636 | +50.6% |
| Profit (loss) for the period | 9904 | €79,782 | €110,449 | +€30,667 | +38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €79,782 | €110,449 | +€30,667 | +38.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.