Belgian Public Affairs: 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.
Belgian Public Affairs
Largest movements
- Cash +€5,366
up €5,366 (+87.2%), from €6,151 to €11,518
mainly Trade debts (+€7,088) and Tax, wage and social debts (+€3,718)
- Stocks and contracts -€2,252
down €2,252 (-16.5%), from €13,609 to €11,357
- Profit (loss) carried forward -€10,613
down €10,613 (-104%), from -€10,214 to -€20,828
- Trade debts +€7,088
up €7,088 (+133%), from €5,311 to €12,398
- Tax, wage and social debts +€3,718
up €3,718 (+231%), from €1,611 to €5,329
of which Taxes: +€3,274
- Other debts +€2,924
up €2,924 (+109%), from €2,686 to €5,610
- Gross operating margin -€11,242
down €11,242, from €2,527 to -€8,715
- Other operating charges +€201
up €201 (+51.9%), from €387 to €588
- Financial income -€142
no longer reported in 2025 (was €142)
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 | €19,843 | €22,961 | +€3,118 | +15.7% |
| Current assets | 29/58 | €19,843 | €22,961 | +€3,118 | +15.7% |
| Stocks and contracts in progress | 3 | €13,609 | €11,357 | -€2,252 | -16.5% |
| Stocks | 30/36 | €13,609 | €11,357 | -€2,252 | -16.5% |
| Cash at bank and in hand | 54/58 | €6,151 | €11,518 | +€5,366 | +87.2% |
| Deferred charges and accrued income | 490/1 | €83 | €85 | +€3 | +3.4% |
| Total equity and liabilities | 10/49 | €19,843 | €22,961 | +€3,118 | +15.7% |
| Equity | 10/15 | €10,236 | -€377 | -€10,613 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,214 | -€20,828 | -€10,613 | -104% |
| Amounts payable | 17/49 | €9,607 | €23,338 | +€13,731 | +143% |
| Amounts payable within one year | 42/48 | €9,607 | €23,338 | +€13,731 | +143% |
| Trade debts | 44 | €5,311 | €12,398 | +€7,088 | +133% |
| Suppliers | 440/4 | €5,311 | €12,398 | +€7,088 | +133% |
| Taxes, remuneration and social security | 45 | €1,611 | €5,329 | +€3,718 | +231% |
| Taxes | 450/3 | €1,611 | €4,885 | +€3,274 | +203% |
| Remuneration and social security | 454/9 | - | €445 | +€445 | |
| Other amounts payable | 47/48 | €2,686 | €5,610 | +€2,924 | +109% |
| Remuneration, social security and pensions | 62 | €68 | €68 | +€0 | +0.2% |
| Other operating charges | 640/8 | €387 | €588 | +€201 | +51.9% |
| Gross operating margin | 9900 | €2,527 | -€8,715 | -€11,242 | |
| Operating profit (loss) | 9901 | €2,072 | -€9,371 | -€11,443 | |
| Financial income | 75/76B | €142 | - | -€142 | |
| Recurring financial income | 75 | €142 | - | -€142 | |
| Financial charges | 65/66B | €1,217 | €1,242 | +€24 | +2.0% |
| Recurring financial charges | 65 | €1,217 | €1,242 | +€24 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €997 | -€10,613 | -€11,610 | |
| Profit (loss) for the period | 9904 | €997 | -€10,613 | -€11,610 | |
| Profit (loss) for the period to be appropriated | 9905 | €997 | -€10,613 | -€11,610 |
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 22 October 2026 via checked.be.