ANGLE BRACKETS: what changed
Two fiscal 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.
ANGLE BRACKETS
Largest movements
- Receivables after one year +€4,200
up €4,200 (+2.8%), from €149,390 to €153,590
- Cash -€1,932
down €1,932 (-38.8%), from €4,985 to €3,053
mainly Receivables after one year (-€4,200) and Receivables within one year (-€347)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€838
down €838 (-74.2%), from -€1,129 to -€1,966
- Financial income +€306
up €306 (+7.3%), from €4,200 to €4,506
- Taxes -€87
down €87 (-14.7%), from €595 to €507
- Financial charges +€63
up €63 (+92.8%), from €68 to €132
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 | €170,217 | €171,832 | +€1,615 | +0.9% |
| Current assets | 29/58 | €170,217 | €171,832 | +€1,615 | +0.9% |
| Amounts receivable after more than one year | 29 | €149,390 | €153,590 | +€4,200 | +2.8% |
| Other amounts receivable | 291 | €149,390 | €153,590 | +€4,200 | +2.8% |
| Amounts receivable within one year | 40/41 | €843 | €1,190 | +€347 | +41.1% |
| Other amounts receivable | 41 | €843 | €1,190 | +€347 | +41.1% |
| Current investments | 50/53 | €15,000 | €14,000 | -€1,000 | -6.7% |
| Cash at bank and in hand | 54/58 | €4,985 | €3,053 | -€1,932 | -38.8% |
| Total equity and liabilities | 10/49 | €170,217 | €171,832 | +€1,615 | +0.9% |
| Equity | 10/15 | €165,595 | €167,095 | +€1,500 | +0.9% |
| Reserves | 13 | €161,082 | €161,082 | = | 0.0% |
| Distributable reserves | 133 | €161,082 | €161,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,512 | €6,013 | +€1,500 | +33.2% |
| Amounts payable | 17/49 | €4,623 | €4,737 | +€114 | +2.5% |
| Amounts payable within one year | 42/48 | €4,623 | €4,737 | +€114 | +2.5% |
| Trade debts | 44 | €816 | €767 | -€49 | -6.0% |
| Suppliers | 440/4 | €816 | €767 | -€49 | -6.0% |
| Other amounts payable | 47/48 | €3,807 | €3,970 | +€163 | +4.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,129 | -€1,966 | -€838 | -74.2% |
| Operating profit (loss) | 9901 | -€1,516 | -€2,366 | -€850 | -56.1% |
| Financial income | 75/76B | €4,200 | €4,506 | +€306 | +7.3% |
| Recurring financial income | 75 | €4,200 | €4,506 | +€306 | +7.3% |
| Financial charges | 65/66B | €68 | €132 | +€63 | +92.8% |
| Recurring financial charges | 65 | €68 | €132 | +€63 | +92.8% |
| Profit (loss) for the period before taxes | 9903 | €2,616 | €2,008 | -€608 | -23.2% |
| Income taxes | 67/77 | €595 | €507 | -€87 | -14.7% |
| Profit (loss) for the period | 9904 | €2,021 | €1,500 | -€521 | -25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,021 | €1,500 | -€521 | -25.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.