Brussels by foot: 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.
Brussels by foot
Largest movements
- Cash +€32,418
up €32,418 (+42.2%), from €76,900 to €109,318
mainly Net result for the year (+€37,876) and Receivables within one year (+€11,962)
- Receivables within one year -€11,962
down €11,962 (-60.6%), from €19,738 to €7,776
of which Trade receivables: -€8,295
- Reserves +€36,000
up €36,000 (+89.3%), from €40,300 to €76,300
of which Distributable reserves: +€36,000
- Tax, wage and social debts -€13,392
down €13,392 (-62.8%), from €21,332 to €7,940
- Other debts -€4,611
down €4,611 (-27.0%), from €17,094 to €12,483
- Profit (loss) carried forward +€1,876
up €1,876 (+61.0%), from €3,075 to €4,950
- Gross operating margin -€6,323
down €6,323 (-10.2%), from €62,117 to €55,795
- Taxes -€1,569
down €1,569 (-8.2%), from €19,179 to €17,609
- Financial charges -€1,364
down €1,364 (-81.5%), from €1,673 to €310
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 | €96,730 | €117,185 | +€20,456 | +21.1% |
| Fixed assets | 21/28 | €92 | €92 | = | 0.0% |
| Financial fixed assets | 28 | €92 | €92 | = | 0.0% |
| Current assets | 29/58 | €96,638 | €117,094 | +€20,456 | +21.2% |
| Amounts receivable within one year | 40/41 | €19,738 | €7,776 | -€11,962 | -60.6% |
| Trade receivables | 40 | €16,025 | €7,730 | -€8,295 | -51.8% |
| Other amounts receivable | 41 | €3,713 | €46 | -€3,667 | -98.8% |
| Cash at bank and in hand | 54/58 | €76,900 | €109,318 | +€32,418 | +42.2% |
| Total equity and liabilities | 10/49 | €96,730 | €117,185 | +€20,456 | +21.1% |
| Equity | 10/15 | €46,375 | €84,250 | +€37,876 | +81.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €3,000 | +€3,000 | |
| Other | 1109/19 | - | €3,000 | +€3,000 | |
| Reserves | 13 | €40,300 | €76,300 | +€36,000 | +89.3% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €76,000 | +€36,000 | +90.0% |
| Profit (loss) carried forward | 14 | €3,075 | €4,950 | +€1,876 | +61.0% |
| Amounts payable | 17/49 | €50,355 | €32,935 | -€17,420 | -34.6% |
| Amounts payable within one year | 42/48 | €50,355 | €32,935 | -€17,420 | -34.6% |
| Trade debts | 44 | €11,929 | €12,512 | +€584 | +4.9% |
| Suppliers | 440/4 | €11,929 | €12,512 | +€584 | +4.9% |
| Taxes, remuneration and social security | 45 | €21,332 | €7,940 | -€13,392 | -62.8% |
| Taxes | 450/3 | €21,332 | €7,940 | -€13,392 | -62.8% |
| Other amounts payable | 47/48 | €17,094 | €12,483 | -€4,611 | -27.0% |
| Other operating charges | 640/8 | €150 | - | -€150 | |
| Gross operating margin | 9900 | €62,117 | €55,795 | -€6,323 | -10.2% |
| Operating profit (loss) | 9901 | €61,967 | €55,795 | -€6,173 | -10.0% |
| Financial charges | 65/66B | €1,673 | €310 | -€1,364 | -81.5% |
| Recurring financial charges | 65 | €1,673 | €310 | -€1,364 | -81.5% |
| Profit (loss) for the period before taxes | 9903 | €60,294 | €55,485 | -€4,809 | -8.0% |
| Income taxes | 67/77 | €19,179 | €17,609 | -€1,569 | -8.2% |
| Profit (loss) for the period | 9904 | €41,115 | €37,876 | -€3,240 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,115 | €37,876 | -€3,240 | -7.9% |
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 21 October 2026 via checked.be.