AUX SOURCES: 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.
AUX SOURCES
Largest movements
- Cash +€77,744
up €77,744 (+74.9%), from €103,799 to €181,543
mainly Accrued charges and deferred income (+€80,840) and Depreciation (+€21,901)
- Receivables within one year -€6,209
down €6,209 (-7.1%), from €87,868 to €81,659
of which Other amounts receivable: -€3,902
- Accrued charges and deferred income +€80,840
up €80,840 (+170%), from €47,526 to €128,366
- Debts after one year -€11,259
down €11,259 (-6.2%), from €180,992 to €169,733
- Gross operating margin +€21,715
up €21,715 (+3.9%), from €559,818 to €581,533
- Staff costs +€11,441
up €11,441 (+2.1%), from €535,969 to €547,410
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 | €484,551 | €554,965 | +€70,414 | +14.5% |
| Fixed assets | 21/28 | €285,815 | €283,632 | -€2,183 | -0.8% |
| Tangible fixed assets | 22/27 | €284,111 | €281,918 | -€2,193 | -0.8% |
| Land and buildings | 22 | €234,574 | €226,709 | -€7,865 | -3.4% |
| Plant, machinery and equipment | 23 | €41,749 | €40,216 | -€1,533 | -3.7% |
| Furniture and vehicles | 24 | €7,788 | €14,993 | +€7,205 | +92.5% |
| Financial fixed assets | 28 | €1,704 | €1,714 | +€10 | +0.6% |
| Current assets | 29/58 | €198,736 | €271,333 | +€72,597 | +36.5% |
| Amounts receivable within one year | 40/41 | €87,868 | €81,659 | -€6,209 | -7.1% |
| Trade receivables | 40 | €2,307 | - | -€2,307 | |
| Other amounts receivable | 41 | €85,561 | €81,659 | -€3,902 | -4.6% |
| Cash at bank and in hand | 54/58 | €103,799 | €181,543 | +€77,744 | +74.9% |
| Deferred charges and accrued income | 490/1 | €7,069 | €8,131 | +€1,062 | +15.0% |
| Total equity and liabilities | 10/49 | €484,551 | €554,965 | +€70,414 | +14.5% |
| Equity | 10/15 | €94,605 | €91,084 | -€3,521 | -3.7% |
| Profit (loss) carried forward | 14 | €18,561 | €18,279 | -€282 | -1.5% |
| Investment grants | 15 | €76,044 | €72,805 | -€3,239 | -4.3% |
| Amounts payable | 17/49 | €389,946 | €463,881 | +€73,935 | +19.0% |
| Amounts payable after more than one year | 17 | €180,992 | €169,733 | -€11,259 | -6.2% |
| Financial debts | 170/4 | €180,992 | €169,733 | -€11,259 | -6.2% |
| Amounts payable within one year | 42/48 | €161,428 | €165,782 | +€4,354 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €10,902 | €11,259 | +€357 | +3.3% |
| Trade debts | 44 | €3,452 | €3,281 | -€171 | -5.0% |
| Suppliers | 440/4 | €3,452 | €3,281 | -€171 | -5.0% |
| Taxes, remuneration and social security | 45 | €74,319 | €85,100 | +€10,781 | +14.5% |
| Taxes | 450/3 | €11,475 | €15,258 | +€3,783 | +33.0% |
| Remuneration and social security | 454/9 | €62,844 | €69,842 | +€6,998 | +11.1% |
| Accrued charges and deferred income | 492/3 | €47,526 | €128,366 | +€80,840 | +170% |
| Remuneration, social security and pensions | 62 | €535,969 | €547,410 | +€11,441 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,415 | €21,901 | +€5,486 | +33.4% |
| Other operating charges | 640/8 | €2,159 | €2,277 | +€118 | +5.5% |
| Non-recurring operating charges | 66A | - | €6 | +€6 | |
| Gross operating margin | 9900 | €559,818 | €581,533 | +€21,715 | +3.9% |
| Operating profit (loss) | 9901 | €5,275 | €9,939 | +€4,664 | +88.4% |
| Financial income | 75/76B | €765 | €1,558 | +€793 | +104% |
| Recurring financial income | 75 | €765 | €1,558 | +€793 | +104% |
| Financial charges | 65/66B | €5,559 | €11,152 | +€5,593 | +101% |
| Recurring financial charges | 65 | €5,559 | €5,230 | -€329 | -5.9% |
| Non-recurring financial charges | 66B | - | €5,922 | +€5,922 | |
| Profit (loss) for the period before taxes | 9903 | €481 | €345 | -€136 | -28.3% |
| Income taxes | 67/77 | - | €627 | +€627 | |
| Profit (loss) for the period | 9904 | €481 | -€282 | -€763 | |
| Profit (loss) for the period to be appropriated | 9905 | €481 | -€282 | -€763 |
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 14 October 2026 via checked.be.