BEVRIJDING: 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.
BEVRIJDING
Largest movements
- Receivables within one year +€28,770
up €28,770 (+95.6%), from €30,106 to €58,876
of which Other amounts receivable: +€17,524
- Cash -€18,069
down €18,069 (-30.7%), from €58,899 to €40,830
mainly Receivables within one year (-€28,770) and Contributions, distributions and other (-€28,500)
- Deferred charges and accrued income +€1,839
up €1,839 (+157.9%), from €1,165 to €3,004
- Other debts +€19,950
new in 2025: €19,950
- Reserves -€14,292
down €14,292 (-12.2%), from €116,945 to €102,653
- Tax, wage and social debts +€4,542
new in 2025: €4,542
- Advances received +€2,000
new in 2025: €2,000
- Gross operating margin +€14,132
up €14,132 (+71.2%), from €19,850 to €33,981
- Other operating charges +€1,583
up €1,583 (+105.1%), from €1,506 to €3,088
- Depreciation -€645
down €645 (-10.2%), from €6,322 to €5,678
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 | €124,509 | €137,697 | +€13,188 | +10.6% |
| Fixed assets | 21/28 | €34,338 | €34,986 | +€648 | +1.9% |
| Tangible fixed assets | 22/27 | €34,188 | €34,836 | +€648 | +1.9% |
| Land and buildings | 22 | €32,633 | €28,817 | -€3,816 | -11.7% |
| Plant, machinery and equipment | 23 | €1,079 | €5,569 | +€4,490 | +416.1% |
| Furniture and vehicles | 24 | €26 | - | -€26 | |
| Other tangible fixed assets | 26 | €450 | €450 | = | 0.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €90,171 | €102,710 | +€12,540 | +13.9% |
| Amounts receivable within one year | 40/41 | €30,106 | €58,876 | +€28,770 | +95.6% |
| Trade receivables | 40 | €8,991 | €20,237 | +€11,246 | +125.1% |
| Other amounts receivable | 41 | €21,116 | €38,640 | +€17,524 | +83.0% |
| Cash at bank and in hand | 54/58 | €58,899 | €40,830 | -€18,069 | -30.7% |
| Deferred charges and accrued income | 490/1 | €1,165 | €3,004 | +€1,839 | +157.9% |
| Total equity and liabilities | 10/49 | €124,509 | €137,697 | +€13,188 | +10.6% |
| Equity | 10/15 | €123,145 | €108,853 | -€14,292 | -11.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €116,945 | €102,653 | -€14,292 | -12.2% |
| Distributable reserves | 133 | €116,945 | €102,653 | -€14,292 | -12.2% |
| Amounts payable | 17/49 | €1,364 | €28,844 | +€27,480 | +2015.4% |
| Amounts payable within one year | 42/48 | €710 | €28,177 | +€27,468 | +3871.2% |
| Trade debts | 44 | €710 | €1,686 | +€976 | +137.6% |
| Suppliers | 440/4 | €710 | €1,686 | +€976 | +137.6% |
| Advances received on contracts in progress | 46 | - | €2,000 | +€2,000 | |
| Taxes, remuneration and social security | 45 | - | €4,542 | +€4,542 | |
| Taxes | 450/3 | - | €4,542 | +€4,542 | |
| Other amounts payable | 47/48 | - | €19,950 | +€19,950 | |
| Accrued charges and deferred income | 492/3 | €654 | €666 | +€12 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,322 | €5,678 | -€645 | -10.2% |
| Other operating charges | 640/8 | €1,506 | €3,088 | +€1,583 | +105.1% |
| Gross operating margin | 9900 | €19,850 | €33,981 | +€14,132 | +71.2% |
| Operating profit (loss) | 9901 | €12,022 | €25,215 | +€13,194 | +109.7% |
| Financial income | 75/76B | €538 | €357 | -€180 | -33.5% |
| Recurring financial income | 75 | €538 | €357 | -€180 | -33.5% |
| Financial charges | 65/66B | €190 | €388 | +€198 | +104.6% |
| Recurring financial charges | 65 | €190 | €388 | +€198 | +104.6% |
| Profit (loss) for the period before taxes | 9903 | €12,370 | €25,185 | +€12,815 | +103.6% |
| Income taxes | 67/77 | €10,695 | €10,977 | +€282 | +2.6% |
| Profit (loss) for the period | 9904 | €1,675 | €14,208 | +€12,533 | +748.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,675 | €14,208 | +€12,533 | +748.4% |
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 4 October 2026 via checked.be.