CAPITAL ASSETS: 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.
CAPITAL ASSETS
Largest movements
- Cash +€25,474
up €25,474 (+970%), from €2,627 to €28,101
mainly Net result for the year (+€45,202) and Other debts (+€27,156)
- Other debts +€27,156
up €27,156 (+199%), from €13,638 to €40,794
- Financial income +€15,608
up €15,608 (+108%), from €14,411 to €30,018
- Taxes -€3,883
down €3,883 (-24.9%), from €15,600 to €11,717
- Gross operating margin -€593
down €593 (-2.0%), from €29,082 to €28,489
- Financial charges +€322
up €322 (+217%), from €148 to €470
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 | €1,346,529 | €1,385,823 | +€39,293 | +2.9% |
| Fixed assets | 21/28 | €1,330,000 | €1,330,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,330,000 | €1,330,000 | = | 0.0% |
| Current assets | 29/58 | €16,529 | €55,823 | +€39,293 | +238% |
| Amounts receivable within one year | 40/41 | €13,903 | €27,722 | +€13,819 | +99.4% |
| Other amounts receivable | 41 | €13,903 | €27,722 | +€13,819 | +99.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,627 | €28,101 | +€25,474 | +970% |
| Total equity and liabilities | 10/49 | €1,346,529 | €1,385,823 | +€39,293 | +2.9% |
| Equity | 10/15 | €1,326,987 | €1,333,330 | +€6,343 | +0.5% |
| Contributions | 10/11 | €935,000 | €935,000 | = | 0.0% |
| Reserves | 13 | €95,203 | €101,546 | +€6,343 | +6.7% |
| Non-distributable reserves | 130/1 | €21,750 | €21,750 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,750 | €21,750 | = | 0.0% |
| Distributable reserves | 133 | €73,453 | €79,796 | +€6,343 | +8.6% |
| Profit (loss) carried forward | 14 | €296,784 | €296,784 | = | 0.0% |
| Amounts payable | 17/49 | €19,542 | €52,493 | +€32,950 | +169% |
| Amounts payable within one year | 42/48 | €19,542 | €52,493 | +€32,950 | +169% |
| Trade debts | 44 | €1,933 | €0 | -€1,933 | -100% |
| Suppliers | 440/4 | €1,933 | €0 | -€1,933 | -100% |
| Taxes, remuneration and social security | 45 | €3,971 | €11,698 | +€7,727 | +195% |
| Taxes | 450/3 | €3,971 | €11,698 | +€7,727 | +195% |
| Other amounts payable | 47/48 | €13,638 | €40,794 | +€27,156 | +199% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €29,082 | €28,489 | -€593 | -2.0% |
| Operating profit (loss) | 9901 | €27,997 | €27,371 | -€626 | -2.2% |
| Financial income | 75/76B | €14,411 | €30,018 | +€15,608 | +108% |
| Recurring financial income | 75 | €14,411 | €30,018 | +€15,608 | +108% |
| Financial charges | 65/66B | €148 | €470 | +€322 | +217% |
| Recurring financial charges | 65 | €148 | €470 | +€322 | +217% |
| Profit (loss) for the period before taxes | 9903 | €42,259 | €56,919 | +€14,660 | +34.7% |
| Income taxes | 67/77 | €15,600 | €11,717 | -€3,883 | -24.9% |
| Profit (loss) for the period | 9904 | €26,659 | €45,202 | +€18,543 | +69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,659 | €45,202 | +€18,543 | +69.6% |
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 17 October 2026 via checked.be.