ASSIGN: 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.
ASSIGN
Largest movements
- Receivables within one year -€144,429
down €144,429 (-14.6%), from €990,159 to €845,730
of which Trade receivables: -€148,061
- Intangible fixed assets +€97,500
new in 2025: €97,500
- Cash +€52,496
up €52,496 (+30.3%), from €173,072 to €225,569
mainly Receivables within one year (+€144,429) and Trade debts (+€121,141)
- Tangible fixed assets -€38,682
down €38,682 (-17.1%), from €225,806 to €187,123
of which Furniture and vehicles: -€20,456
- Trade debts +€121,141
up €121,141 (+90.7%), from €133,631 to €254,772
- Other debts -€113,757
down €113,757 (-100.0%), from €113,757 to €0
- Short-term financial debts +€50,000
up €50,000, from €0 to €50,000
- Debts after one year -€37,262
down €37,262 (-37.7%), from €98,720 to €61,459
- Accrued charges and deferred income -€26,346
down €26,346 (-100.0%), from €26,346 to €0
- Gross operating margin -€354,671
down €354,671 (-15.0%), from €2.4m to €2.0m
- Staff costs -€196,785
down €196,785 (-9.2%), from €2.1m to €1.9m
- Taxes -€35,036
down €35,036 (-68.7%), from €50,970 to €15,935
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 | €2,037,230 | €2,021,350 | -€15,880 | -0.8% |
| Fixed assets | 21/28 | €307,006 | €365,823 | +€58,818 | +19.2% |
| Intangible fixed assets | 21 | - | €97,500 | +€97,500 | |
| Tangible fixed assets | 22/27 | €225,806 | €187,123 | -€38,682 | -17.1% |
| Land and buildings | 22 | €195,557 | €178,404 | -€17,152 | -8.8% |
| Furniture and vehicles | 24 | €28,102 | €7,645 | -€20,456 | -72.8% |
| Other tangible fixed assets | 26 | €2,147 | €1,074 | -€1,074 | -50.0% |
| Financial fixed assets | 28 | €81,200 | €81,200 | = | 0.0% |
| Current assets | 29/58 | €1,730,224 | €1,655,526 | -€74,698 | -4.3% |
| Amounts receivable after more than one year | 29 | €500,000 | €500,000 | = | 0.0% |
| Other amounts receivable | 291 | €500,000 | €500,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €990,159 | €845,730 | -€144,429 | -14.6% |
| Trade receivables | 40 | €612,948 | €464,887 | -€148,061 | -24.2% |
| Other amounts receivable | 41 | €377,211 | €380,843 | +€3,631 | +1.0% |
| Cash at bank and in hand | 54/58 | €173,072 | €225,569 | +€52,496 | +30.3% |
| Deferred charges and accrued income | 490/1 | €66,993 | €84,228 | +€17,235 | +25.7% |
| Total equity and liabilities | 10/49 | €2,037,230 | €2,021,350 | -€15,880 | -0.8% |
| Equity | 10/15 | €1,246,323 | €1,248,450 | +€2,126 | +0.2% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Capital | 10 | €64,000 | €64,000 | = | 0.0% |
| Issued capital | 100 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €1,182,323 | €1,184,450 | +€2,126 | +0.2% |
| Non-distributable reserves | 130/1 | €6,400 | €6,400 | = | 0.0% |
| Legal reserve | 130 | €6,400 | €6,400 | = | 0.0% |
| Distributable reserves | 133 | €1,175,923 | €1,178,050 | +€2,126 | +0.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €790,907 | €772,900 | -€18,007 | -2.3% |
| Amounts payable after more than one year | 17 | €98,720 | €61,459 | -€37,262 | -37.7% |
| Financial debts | 170/4 | €98,720 | €61,459 | -€37,262 | -37.7% |
| Amounts payable within one year | 42/48 | €665,841 | €711,441 | +€45,601 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €125,932 | €127,522 | +€1,590 | +1.3% |
| Financial debts | 43 | €0 | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | €0 | €50,000 | +€50,000 | |
| Trade debts | 44 | €133,631 | €254,772 | +€121,141 | +90.7% |
| Suppliers | 440/4 | €133,631 | €254,772 | +€121,141 | +90.7% |
| Taxes, remuneration and social security | 45 | €292,521 | €279,148 | -€13,373 | -4.6% |
| Taxes | 450/3 | €75,970 | €65,800 | -€10,170 | -13.4% |
| Remuneration and social security | 454/9 | €216,551 | €213,348 | -€3,203 | -1.5% |
| Other amounts payable | 47/48 | €113,757 | €0 | -€113,757 | -100.0% |
| Accrued charges and deferred income | 492/3 | €26,346 | €0 | -€26,346 | -100.0% |
| Non-recurring operating income | 76A | €79,457 | €48,661 | -€30,796 | -38.8% |
| Remuneration, social security and pensions | 62 | €2,136,949 | €1,940,164 | -€196,785 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,333 | €32,849 | -€2,485 | -7.0% |
| Other operating charges | 640/8 | €12,146 | €11,939 | -€207 | -1.7% |
| Non-recurring operating charges | 66A | €2,226 | €0 | -€2,226 | -100.0% |
| Gross operating margin | 9900 | €2,360,606 | €2,005,935 | -€354,671 | -15.0% |
| Operating profit (loss) | 9901 | €173,951 | €20,983 | -€152,968 | -87.9% |
| Financial income | 75/76B | €37,487 | €42,500 | +€5,013 | +13.4% |
| Recurring financial income | 75 | €37,487 | €42,500 | +€5,013 | +13.4% |
| Financial charges | 65/66B | €46,711 | €45,422 | -€1,288 | -2.8% |
| Recurring financial charges | 65 | €46,711 | €45,422 | -€1,288 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €164,728 | €18,061 | -€146,667 | -89.0% |
| Income taxes | 67/77 | €50,970 | €15,935 | -€35,036 | -68.7% |
| Profit (loss) for the period | 9904 | €113,757 | €2,126 | -€111,631 | -98.1% |
| Profit (loss) for the period to be appropriated | 9905 | €113,757 | €2,126 | -€111,631 | -98.1% |
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 1 October 2026 via checked.be.