COLLECTIVE WRAP SIGN: 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.
COLLECTIVE WRAP SIGN
Largest movements
- Current investments -€300,000
down €300,000 (-100%), from €300,000 to €0
- Tangible fixed assets +€160,356
up €160,356 (+42.2%), from €380,350 to €540,706
of which Land and buildings: +€145,026
- Cash +€130,803
up €130,803 (+79.7%), from €164,159 to €294,962
mainly Current investments (+€300,000) and Other debts (+€132,905)
- Receivables within one year -€118,442
down €118,442 (-59.8%), from €198,132 to €79,690
of which Other amounts receivable: -€130,946
- Reserves -€210,246
down €210,246 (-22.6%), from €931,846 to €721,600
of which Distributable reserves: -€210,246
- Other debts +€132,905
up €132,905 (+613%), from €21,666 to €154,571
- Tax, wage and social debts -€23,022
down €23,022 (-42.9%), from €53,687 to €30,665
- Trade debts -€20,583
down €20,583 (-95.3%), from €21,594 to €1,011
- Contributions +€12,400
up €12,400 (+30.8%), from €40,234 to €52,634
- Financial income -€163,190
down €163,190 (-96.1%), from €169,820 to €6,630
- Gross operating margin -€92,118
down €92,118 (-49.7%), from €185,215 to €93,097
- Taxes -€46,534
down €46,534 (-94.1%), from €49,473 to €2,939
- Depreciation +€12,937
up €12,937 (+19.5%), from €66,374 to €79,311
- Other operating charges -€9,957
down €9,957 (-76.3%), from €13,043 to €3,085
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 | €1,112,141 | €984,857 | -€127,284 | -11.4% |
| Fixed assets | 21/28 | €449,850 | €610,206 | +€160,356 | +35.6% |
| Tangible fixed assets | 22/27 | €380,350 | €540,706 | +€160,356 | +42.2% |
| Land and buildings | 22 | €164,060 | €309,085 | +€145,026 | +88.4% |
| Furniture and vehicles | 24 | €216,290 | €231,620 | +€15,330 | +7.1% |
| Financial fixed assets | 28 | €69,500 | €69,500 | = | 0.0% |
| Current assets | 29/58 | €662,291 | €374,652 | -€287,640 | -43.4% |
| Amounts receivable within one year | 40/41 | €198,132 | €79,690 | -€118,442 | -59.8% |
| Trade receivables | 40 | - | €12,504 | +€12,504 | |
| Other amounts receivable | 41 | €198,132 | €67,186 | -€130,946 | -66.1% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100% |
| Cash at bank and in hand | 54/58 | €164,159 | €294,962 | +€130,803 | +79.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,112,141 | €984,857 | -€127,284 | -11.4% |
| Equity | 10/15 | €972,079 | €774,234 | -€197,846 | -20.4% |
| Contributions | 10/11 | €40,234 | €52,634 | +€12,400 | +30.8% |
| Reserves | 13 | €931,846 | €721,600 | -€210,246 | -22.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €931,846 | €721,600 | -€210,246 | -22.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €140,062 | €210,624 | +€70,562 | +50.4% |
| Amounts payable after more than one year | 17 | €13,135 | €2,675 | -€10,460 | -79.6% |
| Financial debts | 170/4 | €13,135 | €2,675 | -€10,460 | -79.6% |
| Amounts payable within one year | 42/48 | €123,925 | €201,768 | +€77,843 | +62.8% |
| Current portion of amounts payable after more than one year | 42 | €10,084 | €10,460 | +€376 | +3.7% |
| Financial debts | 43 | €16,895 | €5,061 | -€11,834 | -70.0% |
| Credit institutions | 430/8 | €16,895 | €5,061 | -€11,834 | -70.0% |
| Trade debts | 44 | €21,594 | €1,011 | -€20,583 | -95.3% |
| Suppliers | 440/4 | €21,594 | €1,011 | -€20,583 | -95.3% |
| Taxes, remuneration and social security | 45 | €53,687 | €30,665 | -€23,022 | -42.9% |
| Taxes | 450/3 | €53,687 | €30,665 | -€23,022 | -42.9% |
| Other amounts payable | 47/48 | €21,666 | €154,571 | +€132,905 | +613% |
| Accrued charges and deferred income | 492/3 | €3,002 | €6,180 | +€3,178 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,374 | €79,311 | +€12,937 | +19.5% |
| Other operating charges | 640/8 | €13,043 | €3,085 | -€9,957 | -76.3% |
| Non-recurring operating charges | 66A | - | €5,578 | +€5,578 | |
| Gross operating margin | 9900 | €185,215 | €93,097 | -€92,118 | -49.7% |
| Operating profit (loss) | 9901 | €105,799 | €5,123 | -€100,676 | -95.2% |
| Financial income | 75/76B | €169,820 | €6,630 | -€163,190 | -96.1% |
| Recurring financial income | 75 | €169,820 | €6,630 | -€163,190 | -96.1% |
| Financial charges | 65/66B | €5,006 | €7,638 | +€2,632 | +52.6% |
| Recurring financial charges | 65 | €5,006 | €7,638 | +€2,632 | +52.6% |
| Profit (loss) for the period before taxes | 9903 | €270,613 | €4,115 | -€266,498 | -98.5% |
| Income taxes | 67/77 | €49,473 | €2,939 | -€46,534 | -94.1% |
| Profit (loss) for the period | 9904 | €221,139 | €1,176 | -€219,963 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €221,139 | €1,176 | -€219,963 | -99.5% |
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 1 November 2026 via checked.be.