BRANCHE DE VIE: what changed
BRANCHE DE VIE
Largest movements
- Receivables within one year -€17,001
down €17,001 (-33.0%), from €51,568 to €34,567
of which Trade receivables: -€17,001
- Tangible fixed assets +€8,449
up €8,449 (+26.9%), from €31,386 to €39,835
- Stocks and contracts +€2,704
new in 2025: €2,704
- Deferred charges and accrued income +€2,572
new in 2025: €2,572
- Cash -€2,423
down €2,423 (-3.5%), from €68,977 to €66,555
mainly Investment in fixed assets (net) (-€20,563) and Trade debts (-€14,817)
- Reserves +€21,079
up €21,079 (+54.2%), from €38,922 to €60,001
- Trade debts -€14,817
down €14,817 (-73.5%), from €20,148 to €5,331
- Debts after one year -€11,704
down €11,704 (-49.0%), from €23,896 to €12,192
- Tax, wage and social debts -€4,691
down €4,691 (-10.4%), from €45,215 to €40,524
of which Taxes: -€8,221
- Other debts +€3,863
up €3,863 (+109%), from €3,556 to €7,419
- Gross operating margin +€11,716
up €11,716 (+34.2%), from €34,224 to €45,940
- Depreciation +€2,296
up €2,296 (+23.4%), from €9,818 to €12,114
- Taxes +€1,323
up €1,323 (+16.6%), from €7,956 to €9,279
- Financial charges -€900
down €900 (-39.6%), from €2,272 to €1,372
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 | €151,932 | €146,232 | -€5,700 | -3.8% |
| Fixed assets | 21/28 | €31,386 | €39,835 | +€8,449 | +26.9% |
| Tangible fixed assets | 22/27 | €31,386 | €39,835 | +€8,449 | +26.9% |
| Furniture and vehicles | 24 | €31,386 | €39,835 | +€8,449 | +26.9% |
| Current assets | 29/58 | €120,546 | €106,396 | -€14,149 | -11.7% |
| Stocks and contracts in progress | 3 | - | €2,704 | +€2,704 | |
| Stocks | 30/36 | - | €2,704 | +€2,704 | |
| Amounts receivable within one year | 40/41 | €51,568 | €34,567 | -€17,001 | -33.0% |
| Trade receivables | 40 | €51,165 | €34,164 | -€17,001 | -33.2% |
| Other amounts receivable | 41 | €403 | €403 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €68,977 | €66,555 | -€2,423 | -3.5% |
| Deferred charges and accrued income | 490/1 | - | €2,572 | +€2,572 | |
| Total equity and liabilities | 10/49 | €151,932 | €146,232 | -€5,700 | -3.8% |
| Equity | 10/15 | €43,922 | €65,001 | +€21,079 | +48.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €38,922 | €60,001 | +€21,079 | +54.2% |
| Distributable reserves | 133 | €38,922 | €60,001 | +€21,079 | +54.2% |
| Amounts payable | 17/49 | €108,010 | €81,231 | -€26,779 | -24.8% |
| Amounts payable after more than one year | 17 | €23,896 | €12,192 | -€11,704 | -49.0% |
| Financial debts | 170/4 | €23,896 | €12,192 | -€11,704 | -49.0% |
| Amounts payable within one year | 42/48 | €80,153 | €64,978 | -€15,176 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €11,234 | €11,704 | +€469 | +4.2% |
| Trade debts | 44 | €20,148 | €5,331 | -€14,817 | -73.5% |
| Suppliers | 440/4 | €20,148 | €5,331 | -€14,817 | -73.5% |
| Taxes, remuneration and social security | 45 | €45,215 | €40,524 | -€4,691 | -10.4% |
| Taxes | 450/3 | €32,265 | €24,044 | -€8,221 | -25.5% |
| Remuneration and social security | 454/9 | €12,950 | €16,480 | +€3,530 | +27.3% |
| Other amounts payable | 47/48 | €3,556 | €7,419 | +€3,863 | +109% |
| Accrued charges and deferred income | 492/3 | €3,961 | €4,061 | +€100 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,818 | €12,114 | +€2,296 | +23.4% |
| Other operating charges | 640/8 | €1,542 | €1,264 | -€279 | -18.1% |
| Gross operating margin | 9900 | €34,224 | €45,940 | +€11,716 | +34.2% |
| Operating profit (loss) | 9901 | €22,864 | €32,563 | +€9,699 | +42.4% |
| Financial income | 75/76B | €272 | €0 | -€272 | -100.0% |
| Recurring financial income | 75 | €272 | €0 | -€272 | -100.0% |
| Financial charges | 65/66B | €2,272 | €1,372 | -€900 | -39.6% |
| Recurring financial charges | 65 | €2,272 | €1,372 | -€900 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €20,864 | €31,191 | +€10,327 | +49.5% |
| Income taxes | 67/77 | €7,956 | €9,279 | +€1,323 | +16.6% |
| Profit (loss) for the period | 9904 | €12,908 | €21,912 | +€9,004 | +69.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,908 | €21,912 | +€9,004 | +69.8% |
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 5 November 2026 via checked.be.