Charlotte DECOCK, Notaire: what changed
Two fiscal 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.
Charlotte DECOCK, Notaire
Largest movements
- Cash +€278,916
up €278,916 (+66.6%), from €418,513 to €697,429
mainly Net result for the year (+€490,186) and Other debts (+€310,186)
- Receivables within one year +€89,260
up €89,260 (+284.4%), from €31,381 to €120,641
of which Trade receivables: +€81,721
- Tangible fixed assets -€17,204
down €17,204 (-29.3%), from €58,816 to €41,612
of which Plant, machinery and equipment: -€27,168
- Deferred charges and accrued income +€14,791
new in 2025: €14,791
- Other debts +€310,186
up €310,186 (+172.3%), from €180,000 to €490,186
- Tax, wage and social debts +€63,718
up €63,718 (+118.1%), from €53,957 to €117,675
of which Taxes: +€49,759
- Debts after one year -€16,408
no longer reported in 2025 (was €16,408)
- Gross operating margin +€250,234
up €250,234 (+35.9%), from €697,945 to €948,179
- Taxes -€61,578
down €61,578 (-93.1%), from €66,163 to €4,585
- Depreciation -€57,962
down €57,962 (-68.6%), from €84,456 to €26,494
- Staff costs +€45,299
up €45,299 (+11.5%), from €394,949 to €440,248
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 | €518,795 | €882,112 | +€363,317 | +70.0% |
| Fixed assets | 21/28 | €68,901 | €49,251 | -€19,651 | -28.5% |
| Intangible fixed assets | 21 | €10,085 | €7,639 | -€2,446 | -24.3% |
| Tangible fixed assets | 22/27 | €58,816 | €41,612 | -€17,204 | -29.3% |
| Land and buildings | 22 | - | €11,276 | +€11,276 | |
| Plant, machinery and equipment | 23 | €30,333 | €3,165 | -€27,168 | -89.6% |
| Furniture and vehicles | 24 | €5,706 | €9,319 | +€3,612 | +63.3% |
| Leasing and similar rights | 25 | €22,776 | €15,846 | -€6,930 | -30.4% |
| Other tangible fixed assets | 26 | - | €2,005 | +€2,005 | |
| Current assets | 29/58 | €449,894 | €832,862 | +€382,968 | +85.1% |
| Amounts receivable within one year | 40/41 | €31,381 | €120,641 | +€89,260 | +284.4% |
| Trade receivables | 40 | €30,159 | €111,880 | +€81,721 | +271.0% |
| Other amounts receivable | 41 | €1,222 | €8,761 | +€7,539 | +616.9% |
| Cash at bank and in hand | 54/58 | €418,513 | €697,429 | +€278,916 | +66.6% |
| Deferred charges and accrued income | 490/1 | - | €14,791 | +€14,791 | |
| Total equity and liabilities | 10/49 | €518,795 | €882,112 | +€363,317 | +70.0% |
| Equity | 10/15 | €229,880 | €229,880 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €209,860 | €209,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €208,000 | €208,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,420 | €1,420 | = | 0.0% |
| Amounts payable | 17/49 | €288,914 | €652,232 | +€363,317 | +125.8% |
| Amounts payable after more than one year | 17 | €16,408 | - | -€16,408 | |
| Financial debts | 170/4 | €16,408 | - | -€16,408 | |
| Amounts payable within one year | 42/48 | €272,507 | €652,232 | +€379,725 | +139.3% |
| Current portion of amounts payable after more than one year | 42 | €16,028 | €16,408 | +€379 | +2.4% |
| Trade debts | 44 | €22,521 | €27,963 | +€5,441 | +24.2% |
| Suppliers | 440/4 | €22,521 | €27,963 | +€5,441 | +24.2% |
| Taxes, remuneration and social security | 45 | €53,957 | €117,675 | +€63,718 | +118.1% |
| Taxes | 450/3 | €15,593 | €65,352 | +€49,759 | +319.1% |
| Remuneration and social security | 454/9 | €38,365 | €52,323 | +€13,959 | +36.4% |
| Other amounts payable | 47/48 | €180,000 | €490,186 | +€310,186 | +172.3% |
| Non-recurring operating income | 76A | €1,454 | - | -€1,454 | |
| Remuneration, social security and pensions | 62 | €394,949 | €440,248 | +€45,299 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,456 | €26,494 | -€57,962 | -68.6% |
| Other operating charges | 640/8 | - | €9,170 | +€9,170 | |
| Gross operating margin | 9900 | €697,945 | €948,179 | +€250,234 | +35.9% |
| Operating profit (loss) | 9901 | €218,541 | €472,268 | +€253,727 | +116.1% |
| Financial income | 75/76B | €29,800 | €24,367 | -€5,433 | -18.2% |
| Recurring financial income | 75 | €29,800 | €24,367 | -€5,433 | -18.2% |
| Financial charges | 65/66B | €1,327 | €1,864 | +€537 | +40.5% |
| Recurring financial charges | 65 | €1,327 | €1,864 | +€537 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | €247,014 | €494,771 | +€247,757 | +100.3% |
| Income taxes | 67/77 | €66,163 | €4,585 | -€61,578 | -93.1% |
| Profit (loss) for the period | 9904 | €180,852 | €490,186 | +€309,335 | +171.0% |
| Profit (loss) for the period to be appropriated | 9905 | €180,852 | €490,186 | +€309,335 | +171.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.