BE-CONSULT-IT: 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.
BE-CONSULT-IT
Largest movements
- Cash +€83,840
up €83,840 (+3461.5%), from €2,422 to €86,262
mainly Net result for the year (+€204,703) and Depreciation (+€98,413)
- Receivables after one year +€73,500
up €73,500 (+42.8%), from €171,634 to €245,134
- Reserves +€204,703
up €204,703 (+37.3%), from €549,055 to €753,757
of which Distributable reserves: +€210,949
- Debts after one year -€125,000
down €125,000 (-12.0%), from €1.0m to €916,586
- Tax, wage and social debts +€68,353
up €68,353 (+96.1%), from €71,159 to €139,512
- Current portion of long-term debt +€38,426
up €38,426 (+26.2%), from €146,574 to €185,000
- Short-term financial debts -€31,178
no longer reported in 2025 (was €31,178)
- Gross operating margin +€222,306
up €222,306 (+101.8%), from €218,342 to €440,648
- Taxes +€77,077
up €77,077 (+486.6%), from €15,839 to €92,916
- Depreciation -€43,773
down €43,773 (-30.8%), from €142,186 to €98,413
- Other operating charges +€4,929
up €4,929 (+313.2%), from €1,574 to €6,503
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 | €2,006,654 | €2,176,990 | +€170,336 | +8.5% |
| Fixed assets | 21/28 | €1,562,517 | €1,557,459 | -€5,057 | -0.3% |
| Tangible fixed assets | 22/27 | €1,562,517 | €1,557,459 | -€5,057 | -0.3% |
| Land and buildings | 22 | €1,423,642 | €1,448,723 | +€25,081 | +1.8% |
| Plant, machinery and equipment | 23 | €7,580 | €8,139 | +€559 | +7.4% |
| Furniture and vehicles | 24 | €131,294 | €100,597 | -€30,697 | -23.4% |
| Current assets | 29/58 | €444,137 | €619,531 | +€175,394 | +39.5% |
| Amounts receivable after more than one year | 29 | €171,634 | €245,134 | +€73,500 | +42.8% |
| Other amounts receivable | 291 | €171,634 | €245,134 | +€73,500 | +42.8% |
| Amounts receivable within one year | 40/41 | €111,163 | €121,826 | +€10,663 | +9.6% |
| Trade receivables | 40 | €109,938 | €73,079 | -€36,859 | -33.5% |
| Other amounts receivable | 41 | €1,225 | €48,747 | +€47,523 | +3880.9% |
| Current investments | 50/53 | €75,249 | €82,639 | +€7,390 | +9.8% |
| Cash at bank and in hand | 54/58 | €2,422 | €86,262 | +€83,840 | +3461.5% |
| Deferred charges and accrued income | 490/1 | €83,670 | €83,670 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,006,654 | €2,176,990 | +€170,336 | +8.5% |
| Equity | 10/15 | €621,994 | €826,697 | +€204,703 | +32.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €549,055 | €753,757 | +€204,703 | +37.3% |
| Tax-exempt reserves | 132 | €87,453 | €81,206 | -€6,247 | -7.1% |
| Distributable reserves | 133 | €461,602 | €672,552 | +€210,949 | +45.7% |
| Profit (loss) carried forward | 14 | €60,539 | €60,539 | = | 0.0% |
| Provisions and deferred taxes | 16 | €36,735 | €34,111 | -€2,624 | -7.1% |
| Deferred taxes | 168 | €36,735 | €34,111 | -€2,624 | -7.1% |
| Amounts payable | 17/49 | €1,347,926 | €1,316,183 | -€31,743 | -2.4% |
| Amounts payable after more than one year | 17 | €1,041,586 | €916,586 | -€125,000 | -12.0% |
| Financial debts | 170/4 | €1,041,586 | €916,586 | -€125,000 | -12.0% |
| Amounts payable within one year | 42/48 | €305,861 | €399,597 | +€93,736 | +30.6% |
| Current portion of amounts payable after more than one year | 42 | €146,574 | €185,000 | +€38,426 | +26.2% |
| Financial debts | 43 | €31,178 | - | -€31,178 | |
| Credit institutions | 430/8 | €31,178 | - | -€31,178 | |
| Trade debts | 44 | €56,950 | €75,085 | +€18,135 | +31.8% |
| Suppliers | 440/4 | €56,950 | €75,085 | +€18,135 | +31.8% |
| Taxes, remuneration and social security | 45 | €71,159 | €139,512 | +€68,353 | +96.1% |
| Taxes | 450/3 | €71,159 | €139,512 | +€68,353 | +96.1% |
| Accrued charges and deferred income | 492/3 | €478 | - | -€478 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,186 | €98,413 | -€43,773 | -30.8% |
| Other operating charges | 640/8 | €1,574 | €6,503 | +€4,929 | +313.2% |
| Gross operating margin | 9900 | €218,342 | €440,648 | +€222,306 | +101.8% |
| Operating profit (loss) | 9901 | €74,583 | €335,733 | +€261,150 | +350.1% |
| Financial income | 75/76B | €2,312 | €507 | -€1,805 | -78.1% |
| Recurring financial income | 75 | €2,312 | €507 | -€1,805 | -78.1% |
| Financial charges | 65/66B | €38,906 | €41,245 | +€2,339 | +6.0% |
| Recurring financial charges | 65 | €38,906 | €41,245 | +€2,339 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €37,989 | €294,995 | +€257,007 | +676.5% |
| Transfer from deferred taxes | 780 | €2,624 | €2,624 | = | 0.0% |
| Income taxes | 67/77 | €15,839 | €92,916 | +€77,077 | +486.6% |
| Profit (loss) for the period | 9904 | €24,774 | €204,703 | +€179,929 | +726.3% |
| Transfer from tax-exempt reserves | 789 | €6,247 | €6,247 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,020 | €210,949 | +€179,929 | +580.0% |
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.