CONCEPT, REALISATION ET SUPPORT: 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.
CONCEPT, REALISATION ET SUPPORT
Largest movements
- Tangible fixed assets +€54,359
up €54,359 (+1107.9%), from €4,907 to €59,266
of which Leasing and similar rights: +€59,037
- Cash +€7,356
up €7,356 (+9.7%), from €76,152 to €83,508
mainly Debts after one year (+€46,360) and Net result for the year (+€32,487)
- Receivables within one year +€2,780
up €2,780 (+10.5%), from €26,583 to €29,364
of which Trade receivables: +€2,556
- Debts after one year +€46,360
new in 2025: €46,360
- Current portion of long-term debt +€12,457
new in 2025: €12,457
- Tax, wage and social debts +€3,658
up €3,658 (+34.0%), from €10,764 to €14,422
- Trade debts +€2,551
up €2,551 (+23596.9%), from €11 to €2,562
- Other operating charges +€9,566
up €9,566 (+1059.0%), from €903 to €10,469
- Gross operating margin +€3,717
up €3,717 (+7.0%), from €53,198 to €56,916
- Financial charges +€788
up €788 (+578.4%), from €136 to €925
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 | €112,828 | €177,733 | +€64,906 | +57.5% |
| Fixed assets | 21/28 | €7,307 | €61,666 | +€54,359 | +744.0% |
| Tangible fixed assets | 22/27 | €4,907 | €59,266 | +€54,359 | +1107.9% |
| Plant, machinery and equipment | 23 | €439 | €229 | -€210 | -47.8% |
| Furniture and vehicles | 24 | €4,467 | €0 | -€4,467 | -100.0% |
| Leasing and similar rights | 25 | - | €59,037 | +€59,037 | |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €105,521 | €116,067 | +€10,546 | +10.0% |
| Amounts receivable within one year | 40/41 | €26,583 | €29,364 | +€2,780 | +10.5% |
| Trade receivables | 40 | €24,819 | €27,375 | +€2,556 | +10.3% |
| Other amounts receivable | 41 | €1,765 | €1,988 | +€224 | +12.7% |
| Cash at bank and in hand | 54/58 | €76,152 | €83,508 | +€7,356 | +9.7% |
| Deferred charges and accrued income | 490/1 | €2,785 | €3,196 | +€410 | +14.7% |
| Total equity and liabilities | 10/49 | €112,828 | €177,733 | +€64,906 | +57.5% |
| Equity | 10/15 | €62,188 | €62,188 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,588 | €43,588 | = | 0.0% |
| Distributable reserves | 133 | €43,588 | €43,588 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €50,639 | €115,545 | +€64,906 | +128.2% |
| Amounts payable after more than one year | 17 | - | €46,360 | +€46,360 | |
| Financial debts | 170/4 | - | €46,360 | +€46,360 | |
| Amounts payable within one year | 42/48 | €50,639 | €69,182 | +€18,543 | +36.6% |
| Current portion of amounts payable after more than one year | 42 | - | €12,457 | +€12,457 | |
| Trade debts | 44 | €11 | €2,562 | +€2,551 | +23596.9% |
| Suppliers | 440/4 | €11 | €2,562 | +€2,551 | +23596.9% |
| Taxes, remuneration and social security | 45 | €10,764 | €14,422 | +€3,658 | +34.0% |
| Taxes | 450/3 | €10,764 | €14,422 | +€3,658 | +34.0% |
| Other amounts payable | 47/48 | €39,865 | €39,742 | -€123 | -0.3% |
| Accrued charges and deferred income | 492/3 | - | €3 | +€3 | |
| Non-recurring operating income | 76A | - | €7,103 | +€7,103 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,633 | €3,023 | +€390 | +14.8% |
| Other operating charges | 640/8 | €903 | €10,469 | +€9,566 | +1059.0% |
| Gross operating margin | 9900 | €53,198 | €56,916 | +€3,717 | +7.0% |
| Operating profit (loss) | 9901 | €49,662 | €43,423 | -€6,238 | -12.6% |
| Financial charges | 65/66B | €136 | €925 | +€788 | +578.4% |
| Recurring financial charges | 65 | €136 | €925 | +€788 | +578.4% |
| Profit (loss) for the period before taxes | 9903 | €49,525 | €42,499 | -€7,026 | -14.2% |
| Income taxes | 67/77 | €10,235 | €10,012 | -€224 | -2.2% |
| Profit (loss) for the period | 9904 | €39,290 | €32,487 | -€6,803 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,290 | €32,487 | -€6,803 | -17.3% |
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 8 October 2026 via checked.be.