BROAD ARROW: 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.
BROAD ARROW
Largest movements
- Tangible fixed assets -€4,706
no longer reported in 2025 (was €4,706)
of which Land and buildings: -€4,437
- Cash -€1,663
down €1,663 (-61.1%), from €2,721 to €1,058
mainly Other debts (-€13,106) and Trade debts (-€804)
- Other debts -€13,106
down €13,106 (-17.3%), from €75,697 to €62,591
- Profit (loss) carried forward +€7,181
up €7,181, from -€1,926 to €5,255
- Depreciation -€963
down €963 (-17.0%), from €5,669 to €4,706
- Gross operating margin +€558
up €558 (+4.0%), from €13,998 to €14,556
- Taxes +€359
up €359 (+15.9%), from €2,255 to €2,614
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 | €96,227 | €89,858 | -€6,369 | -6.6% |
| Fixed assets | 21/28 | €4,706 | - | -€4,706 | |
| Tangible fixed assets | 22/27 | €4,706 | - | -€4,706 | |
| Land and buildings | 22 | €4,437 | - | -€4,437 | |
| Furniture and vehicles | 24 | €269 | - | -€269 | |
| Current assets | 29/58 | €91,521 | €89,858 | -€1,663 | -1.8% |
| Stocks and contracts in progress | 3 | €88,800 | €88,800 | = | 0.0% |
| Stocks | 30/36 | €88,800 | €88,800 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,721 | €1,058 | -€1,663 | -61.1% |
| Total equity and liabilities | 10/49 | €96,227 | €89,858 | -€6,369 | -6.6% |
| Equity | 10/15 | €16,666 | €23,847 | +€7,181 | +43.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,926 | €5,255 | +€7,181 | |
| Amounts payable | 17/49 | €79,561 | €66,011 | -€13,550 | -17.0% |
| Amounts payable within one year | 42/48 | €79,561 | €66,011 | -€13,550 | -17.0% |
| Trade debts | 44 | €1,609 | €805 | -€804 | -50.0% |
| Suppliers | 440/4 | €1,609 | €805 | -€804 | -50.0% |
| Taxes, remuneration and social security | 45 | €2,255 | €2,615 | +€360 | +16.0% |
| Taxes | 450/3 | €2,255 | €2,615 | +€360 | +16.0% |
| Other amounts payable | 47/48 | €75,697 | €62,591 | -€13,106 | -17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,669 | €4,706 | -€963 | -17.0% |
| Gross operating margin | 9900 | €13,998 | €14,556 | +€558 | +4.0% |
| Operating profit (loss) | 9901 | €8,329 | €9,850 | +€1,521 | +18.3% |
| Financial charges | 65/66B | €54 | €54 | = | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €8,275 | €9,796 | +€1,521 | +18.4% |
| Income taxes | 67/77 | €2,255 | €2,614 | +€359 | +15.9% |
| Profit (loss) for the period | 9904 | €6,020 | €7,182 | +€1,162 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,020 | €7,182 | +€1,162 | +19.3% |
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.