COLOR-IN: 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.
COLOR-IN
Largest movements
- Tangible fixed assets +€148,718
up €148,718 (+39.4%), from €377,720 to €526,438
of which Land and buildings: +€129,085
- Cash -€8,590
down €8,590 (-59.7%), from €14,386 to €5,796
mainly Investment in fixed assets (net) (-€181,076) and Net result for the year (-€53,004)
- Deferred charges and accrued income -€6,720
down €6,720 (-37.2%), from €18,047 to €11,327
- Debts after one year +€95,762
up €95,762 (+68.3%), from €140,300 to €236,062
- Other debts +€82,149
up €82,149 (+1,892%), from €4,342 to €86,491
- Reserves -€51,884
down €51,884 (-39.6%), from €131,000 to €79,116
- Trade debts -€38,036
down €38,036 (-54.3%), from €69,987 to €31,952
- Short-term financial debts +€30,545
up €30,545 (+50.9%), from €60,000 to €90,545
- Gross operating margin -€73,122
down €73,122 (-33.7%), from €217,143 to €144,021
- Depreciation +€10,265
up €10,265 (+46.5%), from €22,093 to €32,358
- Staff costs -€9,281
down €9,281 (-6.1%), from €151,362 to €142,081
- Taxes -€6,063
down €6,063 (-88.5%), from €6,850 to €787
- Financial charges +€2,424
up €2,424 (+19.4%), from €12,495 to €14,919
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 | €457,687 | €592,840 | +€135,154 | +29.5% |
| Fixed assets | 21/28 | €378,070 | €526,788 | +€148,718 | +39.3% |
| Tangible fixed assets | 22/27 | €377,720 | €526,438 | +€148,718 | +39.4% |
| Land and buildings | 22 | €362,632 | €491,717 | +€129,085 | +35.6% |
| Plant, machinery and equipment | 23 | €8,966 | €10,977 | +€2,011 | +22.4% |
| Furniture and vehicles | 24 | €5,368 | €23,744 | +€18,376 | +342% |
| Other tangible fixed assets | 26 | €754 | - | -€754 | |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €79,617 | €66,052 | -€13,565 | -17.0% |
| Amounts receivable within one year | 40/41 | €47,184 | €48,929 | +€1,745 | +3.7% |
| Trade receivables | 40 | €31,533 | €41,016 | +€9,484 | +30.1% |
| Other amounts receivable | 41 | €15,651 | €7,912 | -€7,739 | -49.4% |
| Cash at bank and in hand | 54/58 | €14,386 | €5,796 | -€8,590 | -59.7% |
| Deferred charges and accrued income | 490/1 | €18,047 | €11,327 | -€6,720 | -37.2% |
| Total equity and liabilities | 10/49 | €457,687 | €592,840 | +€135,154 | +29.5% |
| Equity | 10/15 | €144,520 | €91,516 | -€53,004 | -36.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €131,000 | €79,116 | -€51,884 | -39.6% |
| Distributable reserves | 133 | €131,000 | €79,116 | -€51,884 | -39.6% |
| Profit (loss) carried forward | 14 | €1,120 | - | -€1,120 | |
| Amounts payable | 17/49 | €313,167 | €501,325 | +€188,158 | +60.1% |
| Amounts payable after more than one year | 17 | €140,300 | €236,062 | +€95,762 | +68.3% |
| Financial debts | 170/4 | €140,300 | €236,062 | +€95,762 | +68.3% |
| Amounts payable within one year | 42/48 | €172,279 | €265,263 | +€92,984 | +54.0% |
| Current portion of amounts payable after more than one year | 42 | €37,757 | €55,484 | +€17,727 | +47.0% |
| Financial debts | 43 | €60,000 | €90,545 | +€30,545 | +50.9% |
| Credit institutions | 430/8 | €60,000 | €90,545 | +€30,545 | +50.9% |
| Trade debts | 44 | €69,987 | €31,952 | -€38,036 | -54.3% |
| Suppliers | 440/4 | €69,987 | €31,952 | -€38,036 | -54.3% |
| Taxes, remuneration and social security | 45 | €193 | €791 | +€599 | +310% |
| Taxes | 450/3 | - | €787 | +€787 | |
| Remuneration and social security | 454/9 | €193 | €4 | -€189 | -97.7% |
| Other amounts payable | 47/48 | €4,342 | €86,491 | +€82,149 | +1,892% |
| Accrued charges and deferred income | 492/3 | €588 | - | -€588 | |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Remuneration, social security and pensions | 62 | €151,362 | €142,081 | -€9,281 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,093 | €32,358 | +€10,265 | +46.5% |
| Other operating charges | 640/8 | €5,532 | €6,879 | +€1,348 | +24.4% |
| Non-recurring operating charges | 66A | €1,016 | - | -€1,016 | |
| Gross operating margin | 9900 | €217,143 | €144,021 | -€73,122 | -33.7% |
| Operating profit (loss) | 9901 | €37,140 | -€37,298 | -€74,438 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.2% |
| Financial charges | 65/66B | €12,495 | €14,919 | +€2,424 | +19.4% |
| Recurring financial charges | 65 | €12,495 | €14,919 | +€2,424 | +19.4% |
| Profit (loss) for the period before taxes | 9903 | €24,647 | -€52,217 | -€76,864 | |
| Income taxes | 67/77 | €6,850 | €787 | -€6,063 | -88.5% |
| Profit (loss) for the period | 9904 | €17,797 | -€53,004 | -€70,801 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,797 | -€53,004 | -€70,801 |
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.