Census 29: 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.
What changed
Census 29
NACE 68.322, Real estate appraisal on a fee or contract basis
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€470,624
2024 · €316,908+€153,715
Equity
€741,761
2024 · €571,138+€170,624
Cash
€51,130
2024 · €53,116-€1,986
Balance sheet total
€1.7m
2024 · €1.8m-€83,088
Largest movements
Assets
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
Equity and liabilities
- Debts after one year -€442,196
down €442,196 (-44.8%), from €987,266 to €545,069
- Other debts +€246,683
up €246,683 (+358%), from €68,995 to €315,678
- Reserves +€170,624
up €170,624 (+30.9%), from €552,538 to €723,161
- Trade debts -€59,130
down €59,130 (-96.3%), from €61,423 to €2,293
Income statement
- Financial income +€173,249
up €173,249 (+87.3%), from €198,400 to €371,649
- Gross operating margin -€23,732
down €23,732 (-12.0%), from €197,597 to €173,865
- Taxes -€6,172
down €6,172 (-14.9%), from €41,389 to €35,217
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.
Result 2024
€316,908
Gross operating margin
-€23,732
Depreciation
-€145
Other operating charges
+€659
Other operating items
-€588
Financial income
+€173,249
Financial charges
-€1,900
Taxes
+€6,172
Result 2025
€470,624
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€649,949
Investment
+€88,130
Financing
-€740,065
Cash 2024
€53,116
From operations (derived)
+€649,949
Net result for the year
+€470,624
Depreciation
+€3,632
Receivables within one year
-€9,481
Deferred charges and accrued income
-€1,179
Trade debts
-€59,130
Tax, wage and social debts
-€1,200
Other debts
+€246,683
Investment (derived)
+€88,130
Investment in fixed assets (net)
-€11,870
Current investments
+€100,000
Financing
-€740,065
Debts after one year
-€442,196
Current portion of long-term debt
+€2,131
Contributions, distributions and other
-€300,000
Cash 2025
€51,130
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,779,010 | €1,695,922 | -€83,088 | -4.7% |
| Fixed assets | 21/28 | €1,505,501 | €1,513,738 | +€8,238 | +0.5% |
| Tangible fixed assets | 22/27 | €5,501 | €13,737 | +€8,237 | +150% |
| Land and buildings | 22 | €1,436 | €1,042 | -€394 | -27.4% |
| Plant, machinery and equipment | 23 | €2,002 | €2,824 | +€821 | +41.0% |
| Furniture and vehicles | 24 | €2,063 | €9,872 | +€7,809 | +379% |
| Financial fixed assets | 28 | €1,500,000 | €1,500,001 | +€1 | 0.0% |
| Current assets | 29/58 | €273,509 | €182,183 | -€91,326 | -33.4% |
| Amounts receivable within one year | 40/41 | €119,658 | €129,139 | +€9,481 | +7.9% |
| Trade receivables | 40 | €94,547 | €81,530 | -€13,017 | -13.8% |
| Other amounts receivable | 41 | €25,111 | €47,609 | +€22,498 | +89.6% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €53,116 | €51,130 | -€1,986 | -3.7% |
| Deferred charges and accrued income | 490/1 | €736 | €1,915 | +€1,179 | +160% |
| Total equity and liabilities | 10/49 | €1,779,010 | €1,695,922 | -€83,088 | -4.7% |
| Equity | 10/15 | €571,138 | €741,761 | +€170,624 | +29.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €552,538 | €723,161 | +€170,624 | +30.9% |
| Distributable reserves | 133 | €552,538 | €723,161 | +€170,624 | +30.9% |
| Amounts payable | 17/49 | €1,207,873 | €954,160 | -€253,712 | -21.0% |
| Amounts payable after more than one year | 17 | €987,266 | €545,069 | -€442,196 | -44.8% |
| Financial debts | 170/4 | €987,266 | €545,069 | -€442,196 | -44.8% |
| Amounts payable within one year | 42/48 | €220,607 | €409,091 | +€188,484 | +85.4% |
| Current portion of amounts payable after more than one year | 42 | €70,065 | €72,196 | +€2,131 | +3.0% |
| Trade debts | 44 | €61,423 | €2,293 | -€59,130 | -96.3% |
| Suppliers | 440/4 | €61,423 | €2,293 | -€59,130 | -96.3% |
| Taxes, remuneration and social security | 45 | €20,123 | €18,924 | -€1,200 | -6.0% |
| Taxes | 450/3 | €20,123 | €18,924 | -€1,200 | -6.0% |
| Other amounts payable | 47/48 | €68,995 | €315,678 | +€246,683 | +358% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,487 | €3,632 | +€145 | +4.2% |
| Other operating charges | 640/8 | €2,065 | €1,405 | -€659 | -31.9% |
| Non-recurring operating charges | 66A | - | €588 | +€588 | |
| Gross operating margin | 9900 | €197,597 | €173,865 | -€23,732 | -12.0% |
| Operating profit (loss) | 9901 | €192,045 | €168,239 | -€23,806 | -12.4% |
| Financial income | 75/76B | €198,400 | €371,649 | +€173,249 | +87.3% |
| Recurring financial income | 75 | €198,400 | €371,649 | +€173,249 | +87.3% |
| Financial charges | 65/66B | €32,147 | €34,047 | +€1,900 | +5.9% |
| Recurring financial charges | 65 | €32,147 | €34,047 | +€1,900 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €358,298 | €505,841 | +€147,544 | +41.2% |
| Income taxes | 67/77 | €41,389 | €35,217 | -€6,172 | -14.9% |
| Profit (loss) for the period | 9904 | €316,908 | €470,624 | +€153,715 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €316,908 | €470,624 | +€153,715 | +48.5% |
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 13 October 2026 via checked.be.