Content Belgium: 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.
Content Belgium
Largest movements
- Receivables within one year +€8,001
up €8,001 (+33.8%), from €23,656 to €31,657
of which Trade receivables: +€8,522
- Tangible fixed assets -€2,415
down €2,415 (-18.6%), from €13,006 to €10,591
of which Plant, machinery and equipment: -€1,737
- Intangible fixed assets +€2,191
new in 2025: €2,191
- Cash +€884
up €884 (+43.0%), from €2,056 to €2,940
mainly Tax, wage and social debts (+€6,030) and Other debts (+€4,751)
- Debts after one year -€6,930
down €6,930 (-85.4%), from €8,118 to €1,187
- Tax, wage and social debts +€6,030
up €6,030 (+89.0%), from €6,777 to €12,807
of which Taxes: +€4,820
- Other debts +€4,751
up €4,751 (+6,138%), from €77 to €4,829
- Reserves +€3,442
up €3,442 (+33.2%), from €10,353 to €13,794
- Trade debts +€2,152
up €2,152 (+88.6%), from €2,429 to €4,581
- Gross operating margin -€6,319
down €6,319 (-37.1%), from €17,026 to €10,707
- Taxes -€1,403
down €1,403 (-54.5%), from €2,574 to €1,172
- Depreciation +€1,086
up €1,086 (+36.9%), from €2,941 to €4,028
- Other operating charges +€647
up €647 (+124%), from €523 to €1,169
- Financial charges +€202
up €202 (+27.8%), from €727 to €929
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 | €39,399 | €48,200 | +€8,801 | +22.3% |
| Fixed assets | 21/28 | €13,006 | €12,782 | -€224 | -1.7% |
| Intangible fixed assets | 21 | - | €2,191 | +€2,191 | |
| Tangible fixed assets | 22/27 | €13,006 | €10,591 | -€2,415 | -18.6% |
| Plant, machinery and equipment | 23 | €4,298 | €2,561 | -€1,737 | -40.4% |
| Furniture and vehicles | 24 | €8,708 | €8,030 | -€678 | -7.8% |
| Current assets | 29/58 | €26,393 | €35,418 | +€9,025 | +34.2% |
| Amounts receivable within one year | 40/41 | €23,656 | €31,657 | +€8,001 | +33.8% |
| Trade receivables | 40 | €23,135 | €31,657 | +€8,522 | +36.8% |
| Other amounts receivable | 41 | €521 | €0 | -€521 | -100% |
| Cash at bank and in hand | 54/58 | €2,056 | €2,940 | +€884 | +43.0% |
| Deferred charges and accrued income | 490/1 | €681 | €820 | +€139 | +20.4% |
| Total equity and liabilities | 10/49 | €39,399 | €48,200 | +€8,801 | +22.3% |
| Equity | 10/15 | €14,353 | €17,794 | +€3,442 | +24.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €10,353 | €13,794 | +€3,442 | +33.2% |
| Distributable reserves | 133 | €10,353 | €13,794 | +€3,442 | +33.2% |
| Amounts payable | 17/49 | €25,046 | €30,405 | +€5,359 | +21.4% |
| Amounts payable after more than one year | 17 | €8,118 | €1,187 | -€6,930 | -85.4% |
| Financial debts | 170/4 | €8,118 | €1,187 | -€6,930 | -85.4% |
| Amounts payable within one year | 42/48 | €15,892 | €29,147 | +€13,255 | +83.4% |
| Current portion of amounts payable after more than one year | 42 | €6,609 | €6,930 | +€321 | +4.9% |
| Trade debts | 44 | €2,429 | €4,581 | +€2,152 | +88.6% |
| Suppliers | 440/4 | €2,429 | €4,581 | +€2,152 | +88.6% |
| Taxes, remuneration and social security | 45 | €6,777 | €12,807 | +€6,030 | +89.0% |
| Taxes | 450/3 | €6,777 | €11,597 | +€4,820 | +71.1% |
| Remuneration and social security | 454/9 | - | €1,210 | +€1,210 | |
| Other amounts payable | 47/48 | €77 | €4,829 | +€4,751 | +6,138% |
| Accrued charges and deferred income | 492/3 | €1,036 | €71 | -€965 | -93.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,941 | €4,028 | +€1,086 | +36.9% |
| Other operating charges | 640/8 | €523 | €1,169 | +€647 | +124% |
| Gross operating margin | 9900 | €17,026 | €10,707 | -€6,319 | -37.1% |
| Operating profit (loss) | 9901 | €13,562 | €5,510 | -€8,052 | -59.4% |
| Financial income | 75/76B | €92 | €32 | -€59 | -64.6% |
| Recurring financial income | 75 | €92 | €32 | -€59 | -64.6% |
| Financial charges | 65/66B | €727 | €929 | +€202 | +27.8% |
| Recurring financial charges | 65 | €727 | €929 | +€202 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €12,927 | €4,614 | -€8,313 | -64.3% |
| Income taxes | 67/77 | €2,574 | €1,172 | -€1,403 | -54.5% |
| Profit (loss) for the period | 9904 | €10,353 | €3,442 | -€6,911 | -66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,353 | €3,442 | -€6,911 | -66.8% |
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 17 October 2026 via checked.be.