CIRCUSPLANEET: 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
CIRCUSPLANEET
NACE 94.991, Youth work associations
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€10,581
2024 · €36,399-€25,818
Equity
€1.1m
2024 · €1.1m-€29,328
Cash
€139,836
2024 · €124,004+€15,832
Balance sheet total
€1.6m
2024 · €1.7m-€82,853
Largest movements
Assets
- Receivables within one year -€126,681
down €126,681 (-56.0%), from €226,370 to €99,688
of which Other amounts receivable: -€132,404
- Tangible fixed assets +€28,278
up €28,278 (+2.2%), from €1.3m to €1.3m
of which Land and buildings: +€43,363
Equity and liabilities
- Investment grants -€39,909
down €39,909 (-5.0%), from €798,876 to €758,967
- Debts within one year -€38,421
down €38,421 (-26.5%), from €144,897 to €106,476
of which Trade debts: -€42,443
- Debts after one year -€21,331
down €21,331 (-9.7%), from €218,882 to €197,551
Income statement
- Staff costs +€47,457
up €47,457 (+7.0%), from €675,337 to €722,795
- Gross operating margin +€14,579
up €14,579 (+1.8%), from €807,398 to €821,977
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
€36,399
Gross operating margin
+€14,579
Staff costs
-€47,457
Depreciation
+€4,214
Other operating charges
-€335
Other operating items
+€4,648
Financial income
+€213
Financial charges
-€1,680
Result 2025
€10,581
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
+€177,245
Investment
-€100,172
Financing
-€61,240
Cash 2024
€124,004
From operations (derived)
+€177,245
Net result for the year
+€10,581
Depreciation
+€70,815
Stocks and contracts
+€70
Receivables within one year
+€126,681
Deferred charges and accrued income
+€1,292
Debts within one year
-€38,421
Accrued charges and deferred income
+€6,227
Investment (derived)
-€100,172
Investment in fixed assets (net)
-€99,169
Current investments
-€1,004
Financing
-€61,240
Debts after one year
-€21,331
Contributions, distributions and other
-€39,909
Cash 2025
€139,836
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,667,801 | €1,584,948 | -€82,853 | -5.0% |
| Fixed assets | 21/28 | €1,302,022 | €1,330,377 | +€28,354 | +2.2% |
| Intangible fixed assets | 21 | €1,951 | €2,527 | +€576 | +29.5% |
| Tangible fixed assets | 22/27 | €1,298,571 | €1,326,850 | +€28,278 | +2.2% |
| Land and buildings | 22 | €1,226,263 | €1,269,626 | +€43,363 | +3.5% |
| Plant, machinery and equipment | 23 | €55,349 | €41,150 | -€14,199 | -25.7% |
| Furniture and vehicles | 24 | €16,960 | €16,075 | -€885 | -5.2% |
| Financial fixed assets | 28 | €1,500 | €1,000 | -€500 | -33.3% |
| Current assets | 29/58 | €365,779 | €254,571 | -€111,208 | -30.4% |
| Stocks and contracts in progress | 3 | €571 | €501 | -€70 | -12.2% |
| Stocks | 30/36 | €571 | €501 | -€70 | -12.2% |
| Amounts receivable within one year | 40/41 | €226,370 | €99,688 | -€126,681 | -56.0% |
| Trade receivables | 40 | €15,397 | €21,119 | +€5,722 | +37.2% |
| Other amounts receivable | 41 | €210,973 | €78,569 | -€132,404 | -62.8% |
| Current investments | 50/53 | €853 | €1,857 | +€1,004 | +118% |
| Cash at bank and in hand | 54/58 | €124,004 | €139,836 | +€15,832 | +12.8% |
| Deferred charges and accrued income | 490/1 | €13,982 | €12,689 | -€1,292 | -9.2% |
| Total equity and liabilities | 10/49 | €1,667,801 | €1,584,948 | -€82,853 | -5.0% |
| Equity | 10/15 | €1,124,921 | €1,095,593 | -€29,328 | -2.6% |
| Reserves | 13 | €305,647 | €316,227 | +€10,581 | +3.5% |
| Profit (loss) carried forward | 14 | €20,399 | €20,399 | = | 0.0% |
| Investment grants | 15 | €798,876 | €758,967 | -€39,909 | -5.0% |
| Provisions and deferred taxes | 16 | €28,000 | €28,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €28,000 | €28,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €28,000 | €28,000 | = | 0.0% |
| Amounts payable | 17/49 | €514,880 | €461,355 | -€53,525 | -10.4% |
| Amounts payable after more than one year | 17 | €218,882 | €197,551 | -€21,331 | -9.7% |
| Financial debts | 170/4 | €218,882 | €197,551 | -€21,331 | -9.7% |
| Amounts payable within one year | 42/48 | €144,897 | €106,476 | -€38,421 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €23,792 | €21,331 | -€2,461 | -10.3% |
| Trade debts | 44 | €50,155 | €7,711 | -€42,443 | -84.6% |
| Suppliers | 440/4 | €50,155 | €7,711 | -€42,443 | -84.6% |
| Taxes, remuneration and social security | 45 | €67,803 | €77,434 | +€9,631 | +14.2% |
| Taxes | 450/3 | €64 | €293 | +€229 | +359% |
| Remuneration and social security | 454/9 | €67,739 | €77,140 | +€9,401 | +13.9% |
| Accrued charges and deferred income | 492/3 | €151,101 | €157,328 | +€6,227 | +4.1% |
| Non-recurring operating income | 76A | €1,731 | €8,453 | +€6,721 | +388% |
| Remuneration, social security and pensions | 62 | €675,337 | €722,795 | +€47,457 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,028 | €70,815 | -€4,214 | -5.6% |
| Other operating charges | 640/8 | €4,340 | €4,675 | +€335 | +7.7% |
| Non-recurring operating charges | 66A | €234 | €3,587 | +€3,352 | +1,430% |
| Gross operating margin | 9900 | €807,398 | €821,977 | +€14,579 | +1.8% |
| Operating profit (loss) | 9901 | €44,458 | €20,106 | -€24,352 | -54.8% |
| Financial income | 75/76B | €243 | €456 | +€213 | +87.9% |
| Recurring financial income | 75 | €243 | €456 | +€213 | +87.9% |
| Financial charges | 65/66B | €8,301 | €9,981 | +€1,680 | +20.2% |
| Recurring financial charges | 65 | €8,301 | €9,481 | +€1,180 | +14.2% |
| Non-recurring financial charges | 66B | - | €500 | +€500 | |
| Profit (loss) for the period before taxes | 9903 | €36,399 | €10,581 | -€25,818 | -70.9% |
| Profit (loss) for the period | 9904 | €36,399 | €10,581 | -€25,818 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,399 | €10,581 | -€25,818 | -70.9% |
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 15 October 2026 via checked.be.