ATTENT!: 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.
ATTENT!
Largest movements
- Cash +€170,470
up €170,470 (+77.0%), from €221,287 to €391,757
mainly Net result for the year (+€118,144) and Receivables within one year (+€28,297)
- Receivables within one year -€28,297
down €28,297 (-62.8%), from €45,090 to €16,794
of which Other amounts receivable: -€31,852
- Reserves +€116,478
up €116,478 (+33.2%), from €351,305 to €467,783
- Tax, wage and social debts +€19,779
up €19,779, from €0 to €19,779
- Gross operating margin +€171,403
up €171,403 (+1,158%), from €14,801 to €186,204
- Taxes +€52,530
up €52,530 (+2,634%), from €1,994 to €54,524
- Depreciation +€3,993
up €3,993 (+36.6%), from €10,924 to €14,917
- Financial income +€2,492
up €2,492 (+88.3%), from €2,821 to €5,313
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 | €382,633 | €520,571 | +€137,937 | +36.0% |
| Fixed assets | 21/28 | €92,498 | €91,643 | -€855 | -0.9% |
| Tangible fixed assets | 22/27 | €78,638 | €77,783 | -€855 | -1.1% |
| Land and buildings | 22 | €70,410 | €61,015 | -€9,395 | -13.3% |
| Plant, machinery and equipment | 23 | €0 | €1,494 | +€1,494 | |
| Furniture and vehicles | 24 | €8,228 | €15,274 | +€7,046 | +85.6% |
| Financial fixed assets | 28 | €13,860 | €13,860 | = | 0.0% |
| Current assets | 29/58 | €290,135 | €428,928 | +€138,792 | +47.8% |
| Amounts receivable after more than one year | 29 | €23,409 | €20,087 | -€3,321 | -14.2% |
| Other amounts receivable | 291 | €23,409 | €20,087 | -€3,321 | -14.2% |
| Amounts receivable within one year | 40/41 | €45,090 | €16,794 | -€28,297 | -62.8% |
| Trade receivables | 40 | - | €3,555 | +€3,555 | |
| Other amounts receivable | 41 | €45,090 | €13,239 | -€31,852 | -70.6% |
| Cash at bank and in hand | 54/58 | €221,287 | €391,757 | +€170,470 | +77.0% |
| Deferred charges and accrued income | 490/1 | €349 | €289 | -€60 | -17.2% |
| Total equity and liabilities | 10/49 | €382,633 | €520,571 | +€137,937 | +36.0% |
| Equity | 10/15 | €369,905 | €486,383 | +€116,478 | +31.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €351,305 | €467,783 | +€116,478 | +33.2% |
| Distributable reserves | 133 | €351,305 | €467,783 | +€116,478 | +33.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,728 | €34,187 | +€21,459 | +169% |
| Amounts payable within one year | 42/48 | €11,988 | €33,389 | +€21,401 | +179% |
| Trade debts | 44 | €876 | €741 | -€136 | -15.5% |
| Suppliers | 440/4 | €876 | €741 | -€136 | -15.5% |
| Taxes, remuneration and social security | 45 | €0 | €19,779 | +€19,779 | |
| Taxes | 450/3 | €0 | €19,779 | +€19,779 | |
| Other amounts payable | 47/48 | €11,112 | €12,869 | +€1,758 | +15.8% |
| Accrued charges and deferred income | 492/3 | €740 | €799 | +€59 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,924 | €14,917 | +€3,993 | +36.6% |
| Other operating charges | 640/8 | €1,891 | €2,947 | +€1,057 | +55.9% |
| Gross operating margin | 9900 | €14,801 | €186,204 | +€171,403 | +1,158% |
| Operating profit (loss) | 9901 | €1,986 | €168,339 | +€166,353 | +8,375% |
| Financial income | 75/76B | €2,821 | €5,313 | +€2,492 | +88.3% |
| Recurring financial income | 75 | €2,821 | €5,313 | +€2,492 | +88.3% |
| Financial charges | 65/66B | €1,089 | €983 | -€106 | -9.7% |
| Recurring financial charges | 65 | €1,089 | €983 | -€106 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €3,719 | €172,668 | +€168,950 | +4,543% |
| Income taxes | 67/77 | €1,994 | €54,524 | +€52,530 | +2,634% |
| Profit (loss) for the period | 9904 | €1,724 | €118,144 | +€116,420 | +6,752% |
| Profit (loss) for the period to be appropriated | 9905 | €1,724 | €118,144 | +€116,420 | +6,752% |
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.