B-Exceptional: 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.
B-Exceptional
Largest movements
- Cash +€103,997
up €103,997 (+176%), from €59,005 to €163,003
mainly Provisions (+€250,000) and Net result for the year (+€210,342)
- Receivables within one year -€98,020
down €98,020 (-8.6%), from €1.1m to €1.0m
of which Trade receivables: -€83,938
- Tangible fixed assets -€39,962
down €39,962 (-40.9%), from €97,599 to €57,637
- Provisions +€250,000
new in 2025: €250,000
- Reserves -€209,658
down €209,658 (-35.7%), from €586,519 to €376,861
- Trade debts -€162,093
down €162,093 (-49.3%), from €328,735 to €166,642
- Accrued charges and deferred income +€114,398
up €114,398 (+175%), from €65,447 to €179,845
- Debts after one year -€45,869
down €45,869 (-51.3%), from €89,480 to €43,611
- Provisions +€250,000
new in 2025: €250,000
- Staff costs -€73,140
down €73,140 (-36.0%), from €202,983 to €129,843
- Gross operating margin -€50,544
down €50,544 (-6.6%), from €760,459 to €709,915
- Taxes -€49,013
down €49,013 (-39.3%), from €124,604 to €75,591
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 | €1,305,865 | €1,270,484 | -€35,381 | -2.7% |
| Fixed assets | 21/28 | €99,583 | €59,621 | -€39,962 | -40.1% |
| Tangible fixed assets | 22/27 | €97,599 | €57,637 | -€39,962 | -40.9% |
| Furniture and vehicles | 24 | €97,599 | €57,637 | -€39,962 | -40.9% |
| Financial fixed assets | 28 | €1,984 | €1,984 | = | 0.0% |
| Current assets | 29/58 | €1,206,282 | €1,210,863 | +€4,581 | +0.4% |
| Amounts receivable within one year | 40/41 | €1,145,499 | €1,047,479 | -€98,020 | -8.6% |
| Trade receivables | 40 | €1,127,453 | €1,043,515 | -€83,938 | -7.4% |
| Other amounts receivable | 41 | €18,046 | €3,963 | -€14,082 | -78.0% |
| Cash at bank and in hand | 54/58 | €59,005 | €163,003 | +€103,997 | +176% |
| Deferred charges and accrued income | 490/1 | €1,778 | €382 | -€1,396 | -78.5% |
| Total equity and liabilities | 10/49 | €1,305,865 | €1,270,484 | -€35,381 | -2.7% |
| Equity | 10/15 | €596,519 | €386,861 | -€209,658 | -35.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €586,519 | €376,861 | -€209,658 | -35.7% |
| Distributable reserves | 133 | €586,519 | €376,861 | -€209,658 | -35.7% |
| Provisions and deferred taxes | 16 | - | €250,000 | +€250,000 | |
| Provisions for liabilities and charges | 160/5 | - | €250,000 | +€250,000 | |
| Other liabilities and charges | 164/5 | - | €250,000 | +€250,000 | |
| Amounts payable | 17/49 | €709,346 | €633,623 | -€75,724 | -10.7% |
| Amounts payable after more than one year | 17 | €89,480 | €43,611 | -€45,869 | -51.3% |
| Financial debts | 170/4 | €89,480 | €43,611 | -€45,869 | -51.3% |
| Amounts payable within one year | 42/48 | €554,420 | €410,167 | -€144,253 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €38,412 | €25,869 | -€12,544 | -32.7% |
| Trade debts | 44 | €328,735 | €166,642 | -€162,093 | -49.3% |
| Suppliers | 440/4 | €328,735 | €166,642 | -€162,093 | -49.3% |
| Taxes, remuneration and social security | 45 | €167,273 | €207,657 | +€40,383 | +24.1% |
| Taxes | 450/3 | €129,535 | €183,418 | +€53,883 | +41.6% |
| Remuneration and social security | 454/9 | €37,738 | €24,239 | -€13,499 | -35.8% |
| Other amounts payable | 47/48 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Accrued charges and deferred income | 492/3 | €65,447 | €179,845 | +€114,398 | +175% |
| Non-recurring operating income | 76A | €9,460 | - | -€9,460 | |
| Remuneration, social security and pensions | 62 | €202,983 | €129,843 | -€73,140 | -36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,218 | €39,962 | +€1,744 | +4.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €250,000 | +€250,000 | |
| Other operating charges | 640/8 | €1,786 | €1,499 | -€287 | -16.1% |
| Gross operating margin | 9900 | €760,459 | €709,915 | -€50,544 | -6.6% |
| Operating profit (loss) | 9901 | €517,472 | €288,611 | -€228,862 | -44.2% |
| Financial charges | 65/66B | €3,197 | €2,678 | -€520 | -16.3% |
| Recurring financial charges | 65 | €3,197 | €2,678 | -€520 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €514,275 | €285,933 | -€228,342 | -44.4% |
| Income taxes | 67/77 | €124,604 | €75,591 | -€49,013 | -39.3% |
| Profit (loss) for the period | 9904 | €389,672 | €210,342 | -€179,329 | -46.0% |
| Profit (loss) for the period to be appropriated | 9905 | €389,672 | €210,342 | -€179,329 | -46.0% |
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 13 October 2026 via checked.be.