ANALEMME: 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.
ANALEMME
Largest movements
- Tangible fixed assets -€20,915
down €20,915 (-11.1%), from €189,207 to €168,292
of which Furniture and vehicles: -€14,907
- Financial fixed assets +€10,000
up €10,000 (+100%), from €10,000 to €20,000
- Cash -€5,882
down €5,882 (-12.5%), from €47,056 to €41,175
mainly Debts after one year (-€22,470) and Contributions, distributions and other (-€11,577)
- Receivables within one year +€3,805
up €3,805 (+5.4%), from €70,952 to €74,757
of which Trade receivables: +€2,633
- Debts after one year -€22,470
down €22,470 (-17.1%), from €131,039 to €108,569
- Reserves +€19,540
up €19,540 (+1,051%), from €1,860 to €21,400
of which Distributable reserves: +€19,540
- Tax, wage and social debts -€6,098
down €6,098 (-51.1%), from €11,937 to €5,839
- Other debts -€5,925
down €5,925 (-3.6%), from €162,890 to €156,965
- Gross operating margin -€28,528
down €28,528 (-30.4%), from €93,973 to €65,444
- Taxes -€8,962
down €8,962 (-55.7%), from €16,097 to €7,134
- Financial charges -€3,913
down €3,913 (-53.2%), from €7,349 to €3,436
of which Non-recurring financial charges: -€2,500
- Other operating charges -€1,856
down €1,856 (-44.8%), from €4,147 to €2,291
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 | €356,961 | €343,450 | -€13,510 | -3.8% |
| Fixed assets | 21/28 | €199,207 | €188,292 | -€10,915 | -5.5% |
| Tangible fixed assets | 22/27 | €189,207 | €168,292 | -€20,915 | -11.1% |
| Land and buildings | 22 | €150,818 | €143,848 | -€6,970 | -4.6% |
| Plant, machinery and equipment | 23 | - | €962 | +€962 | |
| Furniture and vehicles | 24 | €38,389 | €23,482 | -€14,907 | -38.8% |
| Financial fixed assets | 28 | €10,000 | €20,000 | +€10,000 | +100% |
| Current assets | 29/58 | €157,754 | €155,158 | -€2,595 | -1.6% |
| Stocks and contracts in progress | 3 | €27,779 | €27,760 | -€19 | -0.1% |
| Stocks | 30/36 | €27,779 | €27,760 | -€19 | -0.1% |
| Amounts receivable within one year | 40/41 | €70,952 | €74,757 | +€3,805 | +5.4% |
| Trade receivables | 40 | €26,999 | €29,632 | +€2,633 | +9.8% |
| Other amounts receivable | 41 | €43,952 | €45,125 | +€1,172 | +2.7% |
| Current investments | 50/53 | €7,804 | €7,824 | +€20 | +0.3% |
| Cash at bank and in hand | 54/58 | €47,056 | €41,175 | -€5,882 | -12.5% |
| Deferred charges and accrued income | 490/1 | €4,163 | €3,643 | -€520 | -12.5% |
| Total equity and liabilities | 10/49 | €356,961 | €343,450 | -€13,510 | -3.8% |
| Equity | 10/15 | €20,460 | €40,000 | +€19,540 | +95.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €21,400 | +€19,540 | +1,051% |
| 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 | - | €19,540 | +€19,540 | |
| Amounts payable | 17/49 | €336,501 | €303,450 | -€33,050 | -9.8% |
| Amounts payable after more than one year | 17 | €131,039 | €108,569 | -€22,470 | -17.1% |
| Financial debts | 170/4 | €131,039 | €108,569 | -€22,470 | -17.1% |
| Amounts payable within one year | 42/48 | €205,326 | €194,764 | -€10,561 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €28,881 | €29,260 | +€379 | +1.3% |
| Trade debts | 44 | €1,618 | €2,700 | +€1,082 | +66.9% |
| Suppliers | 440/4 | €1,618 | €2,700 | +€1,082 | +66.9% |
| Taxes, remuneration and social security | 45 | €11,937 | €5,839 | -€6,098 | -51.1% |
| Taxes | 450/3 | €11,937 | €5,839 | -€6,098 | -51.1% |
| Other amounts payable | 47/48 | €162,890 | €156,965 | -€5,925 | -3.6% |
| Accrued charges and deferred income | 492/3 | €136 | €117 | -€19 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,430 | €21,988 | +€559 | +2.6% |
| Other operating charges | 640/8 | €4,147 | €2,291 | -€1,856 | -44.8% |
| Gross operating margin | 9900 | €93,973 | €65,444 | -€28,528 | -30.4% |
| Operating profit (loss) | 9901 | €68,396 | €41,165 | -€27,231 | -39.8% |
| Financial income | 75/76B | €643 | €522 | -€121 | -18.8% |
| Recurring financial income | 75 | €643 | €522 | -€121 | -18.8% |
| Financial charges | 65/66B | €7,349 | €3,436 | -€3,913 | -53.2% |
| Recurring financial charges | 65 | €4,849 | €3,436 | -€1,413 | -29.1% |
| Non-recurring financial charges | 66B | €2,500 | - | -€2,500 | |
| Profit (loss) for the period before taxes | 9903 | €61,690 | €38,251 | -€23,439 | -38.0% |
| Income taxes | 67/77 | €16,097 | €7,134 | -€8,962 | -55.7% |
| Profit (loss) for the period | 9904 | €45,593 | €31,117 | -€14,476 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,593 | €31,117 | -€14,476 | -31.8% |
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.