AUDISE: 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.
AUDISE
Largest movements
- Receivables within one year +€79,354
up €79,354 (+704.3%), from €11,267 to €90,621
of which Other amounts receivable: +€81,261
- Receivables after one year -€34,870
down €34,870 (-89.6%), from €38,909 to €4,039
- Stocks and contracts -€24,108
down €24,108 (-5.5%), from €438,760 to €414,652
- Short-term financial debts +€33,396
up €33,396 (+12.2%), from €273,343 to €306,738
- Trade debts -€27,913
down €27,913 (-51.4%), from €54,301 to €26,388
- Debts after one year +€26,868
up €26,868 (+64.3%), from €41,788 to €68,656
of which Other amounts payable: +€38,617
- Current portion of long-term debt -€24,059
down €24,059 (-67.2%), from €35,808 to €11,749
- Tax, wage and social debts -€11,697
down €11,697 (-32.8%), from €35,696 to €23,999
of which Taxes: -€10,870
- Staff costs +€19,960
up €19,960 (+30.3%), from €65,779 to €85,739
- Gross operating margin -€14,140
down €14,140 (-11.3%), from €125,308 to €111,169
- Taxes -€6,862
down €6,862 (-81.9%), from €8,378 to €1,516
- Financial income +€1,547
up €1,547 (+50.9%), from €3,040 to €4,587
- Financial charges -€1,369
down €1,369 (-6.4%), from €21,476 to €20,106
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 | €533,128 | €540,417 | +€7,288 | +1.4% |
| Fixed assets | 21/28 | €15,661 | €6,900 | -€8,761 | -55.9% |
| Tangible fixed assets | 22/27 | €10,811 | €6,850 | -€3,961 | -36.6% |
| Plant, machinery and equipment | 23 | €5,315 | €3,569 | -€1,745 | -32.8% |
| Furniture and vehicles | 24 | €2,453 | €1,370 | -€1,084 | -44.2% |
| Other tangible fixed assets | 26 | €3,042 | €1,911 | -€1,132 | -37.2% |
| Financial fixed assets | 28 | €4,850 | €50 | -€4,800 | -99.0% |
| Current assets | 29/58 | €517,468 | €533,517 | +€16,049 | +3.1% |
| Amounts receivable after more than one year | 29 | €38,909 | €4,039 | -€34,870 | -89.6% |
| Other amounts receivable | 291 | €38,909 | €4,039 | -€34,870 | -89.6% |
| Stocks and contracts in progress | 3 | €438,760 | €414,652 | -€24,108 | -5.5% |
| Stocks | 30/36 | €438,760 | €414,652 | -€24,108 | -5.5% |
| Amounts receivable within one year | 40/41 | €11,267 | €90,621 | +€79,354 | +704.3% |
| Trade receivables | 40 | €7,267 | €5,360 | -€1,907 | -26.2% |
| Other amounts receivable | 41 | €4,000 | €85,261 | +€81,261 | +2031.5% |
| Cash at bank and in hand | 54/58 | €24,337 | €18,943 | -€5,394 | -22.2% |
| Deferred charges and accrued income | 490/1 | €4,194 | €5,262 | +€1,068 | +25.5% |
| Total equity and liabilities | 10/49 | €533,128 | €540,417 | +€7,288 | +1.4% |
| Equity | 10/15 | €89,044 | €98,669 | +€9,625 | +10.8% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €76,000 | €80,000 | +€4,000 | +5.3% |
| Distributable reserves | 133 | €76,000 | €80,000 | +€4,000 | +5.3% |
| Profit (loss) carried forward | 14 | €644 | €69 | -€575 | -89.2% |
| Amounts payable | 17/49 | €444,084 | €441,747 | -€2,337 | -0.5% |
| Amounts payable after more than one year | 17 | €41,788 | €68,656 | +€26,868 | +64.3% |
| Financial debts | 170/4 | €41,788 | €30,039 | -€11,749 | -28.1% |
| Other amounts payable | 178/9 | - | €38,617 | +€38,617 | |
| Amounts payable within one year | 42/48 | €399,314 | €370,487 | -€28,827 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €35,808 | €11,749 | -€24,059 | -67.2% |
| Financial debts | 43 | €273,343 | €306,738 | +€33,396 | +12.2% |
| Credit institutions | 430/8 | €273,343 | €306,738 | +€33,396 | +12.2% |
| Trade debts | 44 | €54,301 | €26,388 | -€27,913 | -51.4% |
| Suppliers | 440/4 | €54,301 | €26,388 | -€27,913 | -51.4% |
| Advances received on contracts in progress | 46 | - | €1,446 | +€1,446 | |
| Taxes, remuneration and social security | 45 | €35,696 | €23,999 | -€11,697 | -32.8% |
| Taxes | 450/3 | €20,764 | €9,894 | -€10,870 | -52.3% |
| Remuneration and social security | 454/9 | €14,933 | €14,105 | -€827 | -5.5% |
| Other amounts payable | 47/48 | €166 | €166 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,983 | €2,605 | -€378 | -12.7% |
| Non-recurring operating income | 76A | €1,217 | €513 | -€704 | -57.8% |
| Remuneration, social security and pensions | 62 | €65,779 | €85,739 | +€19,960 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,391 | €3,961 | -€430 | -9.8% |
| Other operating charges | 640/8 | €748 | €1,008 | +€260 | +34.8% |
| Non-recurring operating charges | 66A | €4,601 | - | -€4,601 | |
| Gross operating margin | 9900 | €125,308 | €111,169 | -€14,140 | -11.3% |
| Operating profit (loss) | 9901 | €49,789 | €20,461 | -€29,328 | -58.9% |
| Financial income | 75/76B | €3,040 | €4,587 | +€1,547 | +50.9% |
| Recurring financial income | 75 | €3,040 | €4,587 | +€1,547 | +50.9% |
| Financial charges | 65/66B | €21,476 | €20,106 | -€1,369 | -6.4% |
| Recurring financial charges | 65 | €21,476 | €20,106 | -€1,369 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €31,354 | €4,942 | -€26,412 | -84.2% |
| Income taxes | 67/77 | €8,378 | €1,516 | -€6,862 | -81.9% |
| Profit (loss) for the period | 9904 | €22,976 | €3,425 | -€19,551 | -85.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,976 | €3,425 | -€19,551 | -85.1% |
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 5 October 2026 via checked.be.