BRUSSELS SIGHTSEEING: 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 SIGHTSEEING
Largest movements
- Tangible fixed assets -€273,095
down €273,095 (-18.3%), from €1.5m to €1.2m
- Profit (loss) carried forward -€356,648
down €356,648 (-88.4%), from -€403,404 to -€760,052
- Other debts +€83,885
up €83,885 (+11.6%), from €720,943 to €804,828
- Financial charges -€27,787
down €27,787 (-36.0%), from €77,177 to €49,391
- Gross operating margin +€15,301
up €15,301 (+31.3%), from -€48,828 to -€33,527
- Depreciation -€4,275
down €4,275 (-1.5%), from €277,370 to €273,095
- Staff costs -€3,176
down €3,176 (-94.0%), from €3,379 to €203
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 | €1,510,575 | €1,240,101 | -€270,474 | -17.9% |
| Fixed assets | 21/28 | €1,501,088 | €1,227,992 | -€273,095 | -18.2% |
| Tangible fixed assets | 22/27 | €1,491,088 | €1,217,992 | -€273,095 | -18.3% |
| Furniture and vehicles | 24 | €1,491,088 | €1,217,992 | -€273,095 | -18.3% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €9,487 | €12,108 | +€2,621 | +27.6% |
| Amounts receivable within one year | 40/41 | €3,472 | €1,387 | -€2,085 | -60.1% |
| Trade receivables | 40 | €1,764 | €0 | -€1,764 | -100.0% |
| Other amounts receivable | 41 | €1,708 | €1,387 | -€321 | -18.8% |
| Cash at bank and in hand | 54/58 | €5,758 | €10,721 | +€4,963 | +86.2% |
| Deferred charges and accrued income | 490/1 | €257 | €0 | -€257 | -100.0% |
| Total equity and liabilities | 10/49 | €1,510,575 | €1,240,101 | -€270,474 | -17.9% |
| Equity | 10/15 | €248,371 | -€108,277 | -€356,648 | |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €600,000 | €600,000 | = | 0.0% |
| Issued capital | 100 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €51,775 | €51,775 | = | 0.0% |
| Non-distributable reserves | 130/1 | €51,775 | €51,775 | = | 0.0% |
| Legal reserve | 130 | €51,775 | €51,775 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€403,404 | -€760,052 | -€356,648 | -88.4% |
| Amounts payable | 17/49 | €1,262,204 | €1,348,377 | +€86,173 | +6.8% |
| Amounts payable after more than one year | 17 | €500,000 | €500,000 | = | 0.0% |
| Financial debts | 170/4 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €762,204 | €848,377 | +€86,173 | +11.3% |
| Trade debts | 44 | €41,260 | €43,549 | +€2,289 | +5.5% |
| Suppliers | 440/4 | €41,260 | €43,549 | +€2,289 | +5.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €720,943 | €804,828 | +€83,885 | +11.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €3,379 | €203 | -€3,176 | -94.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277,370 | €273,095 | -€4,275 | -1.5% |
| Other operating charges | 640/8 | €116 | €431 | +€315 | +272.0% |
| Gross operating margin | 9900 | -€48,828 | -€33,527 | +€15,301 | +31.3% |
| Operating profit (loss) | 9901 | -€329,693 | -€307,257 | +€22,436 | +6.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €77,177 | €49,391 | -€27,787 | -36.0% |
| Recurring financial charges | 65 | €77,177 | €49,391 | -€27,787 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | -€406,870 | -€356,648 | +€50,223 | +12.3% |
| Profit (loss) for the period | 9904 | -€406,870 | -€356,648 | +€50,223 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€406,870 | -€356,648 | +€50,223 | +12.3% |
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 9 October 2026 via checked.be.