BETER RATIONEEL TOEGEPAST MANAGEMENT: what changed
BETER RATIONEEL TOEGEPAST MANAGEMENT
Largest movements
- Tangible fixed assets +€2,322
up €2,322 (+68.7%), from €3,380 to €5,702
of which Plant, machinery and equipment: +€2,872
- Receivables within one year -€1,601
down €1,601 (-64.0%), from €2,500 to €899
of which Trade receivables: -€2,500
- Cash -€526
down €526 (-10.2%), from €5,167 to €4,641
mainly Investment in fixed assets (net) (-€3,212) and Net result for the year (-€1,982)
- Deferred charges and accrued income +€255
up €255 (+18.6%), from €1,374 to €1,629
- Other debts +€3,510
up €3,510 (+140%), from €2,498 to €6,009
- Reserves -€1,982
down €1,982 (-38.8%), from €5,105 to €3,123
- Tax, wage and social debts -€542
down €542 (-49.3%), from €1,098 to €557
- Trade debts -€537
down €537 (-74.1%), from €724 to €187
- Gross operating margin +€7,292
up €7,292, from -€3,126 to €4,165
- Other operating charges -€146
down €146 (-3.1%), from €4,746 to €4,599
- Depreciation -€111
down €111 (-11.1%), from €1,002 to €890
- Financial charges -€88
down €88 (-52.4%), from €168 to €80
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,793 | €13,243 | +€450 | +3.5% |
| Fixed assets | 21/28 | €3,752 | €6,074 | +€2,322 | +61.9% |
| Tangible fixed assets | 22/27 | €3,380 | €5,702 | +€2,322 | +68.7% |
| Land and buildings | 22 | €2,468 | €2,181 | -€287 | -11.6% |
| Plant, machinery and equipment | 23 | €266 | €3,138 | +€2,872 | +1,080% |
| Furniture and vehicles | 24 | €646 | €383 | -€263 | -40.7% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €9,041 | €7,169 | -€1,872 | -20.7% |
| Amounts receivable within one year | 40/41 | €2,500 | €899 | -€1,601 | -64.0% |
| Trade receivables | 40 | €2,500 | €0 | -€2,500 | -100% |
| Other amounts receivable | 41 | €0 | €899 | +€899 | |
| Cash at bank and in hand | 54/58 | €5,167 | €4,641 | -€526 | -10.2% |
| Deferred charges and accrued income | 490/1 | €1,374 | €1,629 | +€255 | +18.6% |
| Total equity and liabilities | 10/49 | €12,793 | €13,243 | +€450 | +3.5% |
| Equity | 10/15 | €7,472 | €5,490 | -€1,982 | -26.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €5,105 | €3,123 | -€1,982 | -38.8% |
| Distributable reserves | 133 | €5,105 | €3,123 | -€1,982 | -38.8% |
| Profit (loss) carried forward | 14 | -€59,633 | -€59,633 | = | 0.0% |
| Amounts payable | 17/49 | €5,321 | €7,752 | +€2,432 | +45.7% |
| Amounts payable within one year | 42/48 | €4,321 | €6,752 | +€2,432 | +56.3% |
| Trade debts | 44 | €724 | €187 | -€537 | -74.1% |
| Suppliers | 440/4 | €724 | €187 | -€537 | -74.1% |
| Taxes, remuneration and social security | 45 | €1,098 | €557 | -€542 | -49.3% |
| Taxes | 450/3 | €1,098 | €557 | -€542 | -49.3% |
| Other amounts payable | 47/48 | €2,498 | €6,009 | +€3,510 | +140% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €171 | +€171 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,002 | €890 | -€111 | -11.1% |
| Other operating charges | 640/8 | €4,746 | €4,599 | -€146 | -3.1% |
| Gross operating margin | 9900 | -€3,126 | €4,165 | +€7,292 | |
| Operating profit (loss) | 9901 | -€8,874 | -€1,325 | +€7,549 | +85.1% |
| Financial income | 75/76B | €0 | €11 | +€11 | |
| Recurring financial income | 75 | €0 | €11 | +€11 | |
| Financial charges | 65/66B | €168 | €80 | -€88 | -52.4% |
| Recurring financial charges | 65 | €168 | €80 | -€88 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,042 | -€1,394 | +€7,648 | +84.6% |
| Income taxes | 67/77 | €557 | €588 | +€31 | +5.6% |
| Profit (loss) for the period | 9904 | -€9,598 | -€1,982 | +€7,617 | +79.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,598 | -€1,982 | +€7,617 | +79.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.