COMMITMENT: 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.
COMMITMENT
Largest movements
- Tangible fixed assets -€527,788
down €527,788 (-12.9%), from €4.1m to €3.6m
of which Land and buildings: -€491,605
- Current investments -€500,000
down €500,000 (-10.0%), from €5.0m to €4.5m
- Receivables within one year +€361,772
up €361,772 (+4062.1%), from €8,906 to €370,678
of which Other amounts receivable: +€370,678
- Cash -€308,772
down €308,772 (-29.8%), from €1.0m to €725,877
mainly Contributions, distributions and other (-€4.5m) and Receivables within one year (-€361,772)
- Reserves -€1.3m
down €1.3m (-8.3%), from €15.7m to €14.4m
- Other debts +€537,123
up €537,123 (+1945.8%), from €27,605 to €564,727
- Services and other goods -€428,004
down €428,004 (-69.9%), from €612,626 to €184,621
- Provisions +€232,650
up €232,650, from -€232,650 to €0
- Taxes +€60,843
up €60,843 (+32.7%), from €186,136 to €246,979
- Depreciation -€57,766
down €57,766 (-24.3%), from €237,635 to €179,869
- Financial income -€19,578
down €19,578 (-0.7%), from €2.6m to €2.6m
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 | €15,960,913 | €15,169,517 | -€791,396 | -5.0% |
| Fixed assets | 21/28 | €9,149,715 | €8,621,927 | -€527,788 | -5.8% |
| Tangible fixed assets | 22/27 | €4,081,000 | €3,553,212 | -€527,788 | -12.9% |
| Land and buildings | 22 | €3,985,382 | €3,493,777 | -€491,605 | -12.3% |
| Furniture and vehicles | 24 | €95,618 | €59,435 | -€36,183 | -37.8% |
| Financial fixed assets | 28 | €5,068,715 | €5,068,715 | = | 0.0% |
| Affiliated companies | 280/1 | €5,068,715 | €5,068,715 | = | 0.0% |
| Participating interests | 280 | €5,068,715 | €5,068,715 | = | 0.0% |
| Current assets | 29/58 | €6,811,198 | €6,547,590 | -€263,607 | -3.9% |
| Amounts receivable after more than one year | 29 | €735,000 | €855,000 | +€120,000 | +16.3% |
| Other amounts receivable | 291 | €735,000 | €855,000 | +€120,000 | +16.3% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €8,906 | €370,678 | +€361,772 | +4062.1% |
| Trade receivables | 40 | €8,906 | €0 | -€8,906 | -100.0% |
| Other amounts receivable | 41 | €0 | €370,678 | +€370,678 | |
| Current investments | 50/53 | €5,000,000 | €4,500,000 | -€500,000 | -10.0% |
| Other investments | 51/53 | €5,000,000 | €4,500,000 | -€500,000 | -10.0% |
| Cash at bank and in hand | 54/58 | €1,034,649 | €725,877 | -€308,772 | -29.8% |
| Deferred charges and accrued income | 490/1 | €32,642 | €96,035 | +€63,393 | +194.2% |
| Total equity and liabilities | 10/49 | €15,960,913 | €15,169,517 | -€791,396 | -5.0% |
| Equity | 10/15 | €15,700,975 | €14,396,500 | -€1.3m | -8.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,682,375 | €14,377,900 | -€1.3m | -8.3% |
| Distributable reserves | 133 | €15,682,375 | €14,377,900 | -€1.3m | -8.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Amounts payable | 17/49 | €259,938 | €773,017 | +€513,079 | +197.4% |
| Amounts payable within one year | 42/48 | €256,506 | €764,986 | +€508,480 | +198.2% |
| Trade debts | 44 | €37,827 | €26,935 | -€10,893 | -28.8% |
| Suppliers | 440/4 | €37,827 | €26,935 | -€10,893 | -28.8% |
| Taxes, remuneration and social security | 45 | €191,074 | €173,324 | -€17,750 | -9.3% |
| Taxes | 450/3 | €191,074 | €173,324 | -€17,750 | -9.3% |
| Other amounts payable | 47/48 | €27,605 | €564,727 | +€537,123 | +1945.8% |
| Accrued charges and deferred income | 492/3 | €3,432 | €8,031 | +€4,599 | +134.0% |
| Operating income | 70/76A | €1,211,274 | €1,206,475 | -€4,799 | -0.4% |
| Turnover | 70 | €1,172,988 | €1,170,893 | -€2,095 | -0.2% |
| Other operating income | 74 | €17,139 | €844 | -€16,295 | -95.1% |
| Non-recurring operating income | 76A | €21,147 | €34,737 | +€13,591 | +64.3% |
| Operating charges | 60/66A | €621,094 | €369,082 | -€252,012 | -40.6% |
| Services and other goods | 61 | €612,626 | €184,621 | -€428,004 | -69.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237,635 | €179,869 | -€57,766 | -24.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€232,650 | €0 | +€232,650 | |
| Other operating charges | 640/8 | €3,483 | €4,592 | +€1,109 | +31.8% |
| Operating profit (loss) | 9901 | €590,179 | €837,393 | +€247,213 | +41.9% |
| Financial income | 75/76B | €2,617,895 | €2,598,318 | -€19,578 | -0.7% |
| Recurring financial income | 75 | €2,617,895 | €2,598,318 | -€19,578 | -0.7% |
| Income from financial fixed assets | 750 | €2,617,895 | €2,598,318 | -€19,578 | -0.7% |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €342 | €349 | +€7 | +2.1% |
| Recurring financial charges | 65 | €342 | €349 | +€7 | +2.1% |
| Debt charges | 650 | €0 | - | = | |
| Other financial charges | 652/9 | €342 | €349 | +€7 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €3,207,733 | €3,435,361 | +€227,628 | +7.1% |
| Income taxes | 67/77 | €186,136 | €246,979 | +€60,843 | +32.7% |
| Taxes | 670/3 | €186,136 | €246,979 | +€60,843 | +32.7% |
| Profit (loss) for the period | 9904 | €3,021,597 | €3,188,383 | +€166,785 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,021,597 | €3,188,383 | +€166,785 | +5.5% |
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 10 October 2026 via checked.be.