CONTAINS: 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.
CONTAINS
Largest movements
- Cash +€9,304
up €9,304 (+265%), from €3,508 to €12,812
mainly Net result for the year (+€75,034) and Depreciation (+€12,063)
- Tangible fixed assets -€5,872
down €5,872 (-13.1%), from €44,687 to €38,815
of which Leasing and similar rights: -€9,624
- Reserves +€35,034
up €35,034 (+10.3%), from €341,552 to €376,586
- Other debts -€21,000
down €21,000 (-14.0%), from €150,000 to €129,000
- Debts after one year -€9,735
down €9,735 (-37.8%), from €25,755 to €16,020
- Trade debts -€6,102
down €6,102 (-54.1%), from €11,273 to €5,171
- Gross operating margin +€37,691
up €37,691 (+55.8%), from €67,530 to €105,221
- Taxes +€12,140
up €12,140 (+69.6%), from €17,448 to €29,588
- Financial income -€2,968
down €2,968 (-14.1%), from €21,035 to €18,067
- Financial charges -€1,321
down €1,321 (-22.2%), from €5,944 to €4,623
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 | €568,265 | €569,449 | +€1,185 | +0.2% |
| Fixed assets | 21/28 | €554,687 | €548,815 | -€5,872 | -1.1% |
| Tangible fixed assets | 22/27 | €44,687 | €38,815 | -€5,872 | -13.1% |
| Furniture and vehicles | 24 | €3,042 | €3,064 | +€22 | +0.7% |
| Leasing and similar rights | 25 | €34,698 | €25,074 | -€9,624 | -27.7% |
| Other tangible fixed assets | 26 | €6,947 | €10,677 | +€3,729 | +53.7% |
| Financial fixed assets | 28 | €510,000 | €510,000 | = | 0.0% |
| Current assets | 29/58 | €13,577 | €20,634 | +€7,057 | +52.0% |
| Amounts receivable within one year | 40/41 | €8,973 | €6,881 | -€2,092 | -23.3% |
| Trade receivables | 40 | - | €1,229 | +€1,229 | |
| Other amounts receivable | 41 | €8,973 | €5,651 | -€3,322 | -37.0% |
| Cash at bank and in hand | 54/58 | €3,508 | €12,812 | +€9,304 | +265% |
| Deferred charges and accrued income | 490/1 | €1,097 | €941 | -€155 | -14.2% |
| Total equity and liabilities | 10/49 | €568,265 | €569,449 | +€1,185 | +0.2% |
| Equity | 10/15 | €360,152 | €395,186 | +€35,034 | +9.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €341,552 | €376,586 | +€35,034 | +10.3% |
| Distributable reserves | 133 | €341,552 | €376,586 | +€35,034 | +10.3% |
| Amounts payable | 17/49 | €208,113 | €174,264 | -€33,849 | -16.3% |
| Amounts payable after more than one year | 17 | €25,755 | €16,020 | -€9,735 | -37.8% |
| Financial debts | 170/4 | €25,755 | €16,020 | -€9,735 | -37.8% |
| Amounts payable within one year | 42/48 | €178,957 | €155,396 | -€23,561 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €9,480 | €9,735 | +€256 | +2.7% |
| Financial debts | 43 | €2,063 | €696 | -€1,367 | -66.3% |
| Credit institutions | 430/8 | €2,063 | €696 | -€1,367 | -66.3% |
| Trade debts | 44 | €11,273 | €5,171 | -€6,102 | -54.1% |
| Suppliers | 440/4 | €11,273 | €5,171 | -€6,102 | -54.1% |
| Taxes, remuneration and social security | 45 | €6,141 | €10,794 | +€4,653 | +75.8% |
| Taxes | 450/3 | €6,141 | €10,794 | +€4,653 | +75.8% |
| Other amounts payable | 47/48 | €150,000 | €129,000 | -€21,000 | -14.0% |
| Accrued charges and deferred income | 492/3 | €3,400 | €2,847 | -€553 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,783 | €12,063 | +€280 | +2.4% |
| Other operating charges | 640/8 | €2,191 | €1,981 | -€210 | -9.6% |
| Gross operating margin | 9900 | €67,530 | €105,221 | +€37,691 | +55.8% |
| Operating profit (loss) | 9901 | €53,556 | €91,177 | +€37,621 | +70.2% |
| Financial income | 75/76B | €21,035 | €18,067 | -€2,968 | -14.1% |
| Recurring financial income | 75 | €21,035 | €18,067 | -€2,968 | -14.1% |
| Financial charges | 65/66B | €5,944 | €4,623 | -€1,321 | -22.2% |
| Recurring financial charges | 65 | €5,944 | €4,623 | -€1,321 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €68,647 | €104,622 | +€35,974 | +52.4% |
| Income taxes | 67/77 | €17,448 | €29,588 | +€12,140 | +69.6% |
| Profit (loss) for the period | 9904 | €51,199 | €75,034 | +€23,834 | +46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,199 | €75,034 | +€23,834 | +46.6% |
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 26 October 2026 via checked.be.