CONTACT +: 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.
CONTACT +
Largest movements
- Cash +€52,692
up €52,692 (+92.4%), from €57,051 to €109,743
mainly Depreciation (+€79,170) and Current investments (+€50,000)
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Tangible fixed assets -€39,154
down €39,154 (-27.8%), from €140,939 to €101,785
of which Furniture and vehicles: -€43,743
- Deferred charges and accrued income +€38,304
up €38,304 (+838.2%), from €4,570 to €42,874
- Receivables within one year +€15,616
up €15,616 (+13.7%), from €113,778 to €129,394
of which Other amounts receivable: +€18,633
- Trade debts -€38,127
down €38,127 (-45.8%), from €83,223 to €45,096
- Other debts +€35,767
up €35,767 (+979.9%), from €3,650 to €39,417
- Debts after one year -€14,795
down €14,795 (-12.3%), from €120,247 to €105,452
- Profit (loss) carried forward +€9,160
up €9,160 (+14.9%), from €61,332 to €70,492
- Current portion of long-term debt +€8,248
up €8,248 (+13.2%), from €62,700 to €70,948
- Gross operating margin +€24,553
up €24,553 (+7.9%), from €311,654 to €336,207
- Staff costs +€16,760
up €16,760 (+7.8%), from €215,606 to €232,366
- Depreciation +€11,989
up €11,989 (+17.8%), from €67,181 to €79,170
- Provisions +€10,000
no longer reported in 2025 (was -€10,000)
- Other operating charges -€7,374
down €7,374 (-43.4%), from €17,010 to €9,636
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 | €389,595 | €396,157 | +€6,562 | +1.7% |
| Fixed assets | 21/28 | €164,196 | €114,146 | -€50,050 | -30.5% |
| Intangible fixed assets | 21 | €21,793 | €10,897 | -€10,896 | -50.0% |
| Tangible fixed assets | 22/27 | €140,939 | €101,785 | -€39,154 | -27.8% |
| Furniture and vehicles | 24 | €133,721 | €89,978 | -€43,743 | -32.7% |
| Other tangible fixed assets | 26 | €7,218 | €11,807 | +€4,589 | +63.6% |
| Financial fixed assets | 28 | €1,464 | €1,464 | = | 0.0% |
| Current assets | 29/58 | €225,399 | €282,011 | +€56,612 | +25.1% |
| Amounts receivable within one year | 40/41 | €113,778 | €129,394 | +€15,616 | +13.7% |
| Trade receivables | 40 | €3,017 | - | -€3,017 | |
| Other amounts receivable | 41 | €110,761 | €129,394 | +€18,633 | +16.8% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €57,051 | €109,743 | +€52,692 | +92.4% |
| Deferred charges and accrued income | 490/1 | €4,570 | €42,874 | +€38,304 | +838.2% |
| Total equity and liabilities | 10/49 | €389,595 | €396,157 | +€6,562 | +1.7% |
| Equity | 10/15 | €101,792 | €110,952 | +€9,160 | +9.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,332 | €70,492 | +€9,160 | +14.9% |
| Amounts payable | 17/49 | €287,803 | €285,205 | -€2,598 | -0.9% |
| Amounts payable after more than one year | 17 | €120,247 | €105,452 | -€14,795 | -12.3% |
| Financial debts | 170/4 | €120,247 | €105,452 | -€14,795 | -12.3% |
| Amounts payable within one year | 42/48 | €167,556 | €179,753 | +€12,197 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €62,700 | €70,948 | +€8,248 | +13.2% |
| Trade debts | 44 | €83,223 | €45,096 | -€38,127 | -45.8% |
| Suppliers | 440/4 | €83,223 | €45,096 | -€38,127 | -45.8% |
| Taxes, remuneration and social security | 45 | €17,983 | €24,292 | +€6,309 | +35.1% |
| Taxes | 450/3 | €17,983 | €24,292 | +€6,309 | +35.1% |
| Other amounts payable | 47/48 | €3,650 | €39,417 | +€35,767 | +979.9% |
| Remuneration, social security and pensions | 62 | €215,606 | €232,366 | +€16,760 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,181 | €79,170 | +€11,989 | +17.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€10,000 | - | +€10,000 | |
| Other operating charges | 640/8 | €17,010 | €9,636 | -€7,374 | -43.4% |
| Non-recurring operating charges | 66A | €16 | - | -€16 | |
| Gross operating margin | 9900 | €311,654 | €336,207 | +€24,553 | +7.9% |
| Operating profit (loss) | 9901 | €21,841 | €15,035 | -€6,806 | -31.2% |
| Financial income | 75/76B | €1,927 | €3,433 | +€1,506 | +78.2% |
| Recurring financial income | 75 | €1,927 | €3,433 | +€1,506 | +78.2% |
| Financial charges | 65/66B | €5,802 | €6,826 | +€1,024 | +17.6% |
| Recurring financial charges | 65 | €5,802 | €6,826 | +€1,024 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €17,966 | €11,642 | -€6,324 | -35.2% |
| Income taxes | 67/77 | €7,052 | €2,482 | -€4,570 | -64.8% |
| Profit (loss) for the period | 9904 | €10,914 | €9,160 | -€1,754 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,914 | €9,160 | -€1,754 | -16.1% |
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 2 October 2026 via checked.be.