Benoît Heymans: 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.
Benoît Heymans
Largest movements
- Cash -€1,073
down €1,073 (-9.4%), from €11,420 to €10,347
mainly Tax, wage and social debts (-€597) and Net result for the year (-€476)
- Tax, wage and social debts -€597
no longer reported in 2025 (was €597)
- Profit (loss) carried forward -€476
down €476 (-57.8%), from €823 to €347
- Gross operating margin -€1,485
no longer reported in 2025 (was €1,485)
- Taxes -€276
down €276, from €275 to -€1
- Financial charges +€76
up €76 (+50940.0%), from €0 to €77
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 | €11,420 | €10,347 | -€1,073 | -9.4% |
| Current assets | 29/58 | €11,420 | €10,347 | -€1,073 | -9.4% |
| Cash at bank and in hand | 54/58 | €11,420 | €10,347 | -€1,073 | -9.4% |
| Total equity and liabilities | 10/49 | €11,420 | €10,347 | -€1,073 | -9.4% |
| Equity | 10/15 | €10,823 | €10,347 | -€476 | -4.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €823 | €347 | -€476 | -57.8% |
| Amounts payable | 17/49 | €597 | - | -€597 | |
| Amounts payable within one year | 42/48 | €597 | - | -€597 | |
| Taxes, remuneration and social security | 45 | €597 | - | -€597 | |
| Taxes | 450/3 | €597 | - | -€597 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €1,485 | - | -€1,485 | |
| Operating profit (loss) | 9901 | €1,098 | -€400 | -€1,498 | |
| Financial charges | 65/66B | €0 | €77 | +€76 | +50940.0% |
| Recurring financial charges | 65 | €0 | €77 | +€76 | +50940.0% |
| Profit (loss) for the period before taxes | 9903 | €1,098 | -€476 | -€1,574 | |
| Income taxes | 67/77 | €275 | -€1 | -€276 | |
| Profit (loss) for the period | 9904 | €823 | -€476 | -€1,299 | |
| Profit (loss) for the period to be appropriated | 9905 | €823 | -€476 | -€1,299 |
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 8 October 2026 via checked.be.