Control 18: 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.
Control 18
Largest movements
- Receivables within one year +€293,440
new in 2025: €293,440
- Current investments -€213,284
down €213,284 (-26.6%), from €801,727 to €588,443
- Cash +€143,677
up €143,677 (+98.7%), from €145,516 to €289,193
mainly Net result for the year (+€394,415) and Current investments (+€213,284)
- Receivables after one year -€47,477
down €47,477 (-14.9%), from €318,999 to €271,522
- Other debts +€156,477
up €156,477 (+65.8%), from €237,938 to €394,415
- Trade debts +€17,679
new in 2025: €17,679
- Financial income +€210,654
up €210,654 (+67.4%), from €312,682 to €523,336
- Financial charges +€33,233
up €33,233 (+79.8%), from €41,632 to €74,865
- Gross operating margin -€20,848
down €20,848 (-65.1%), from -€32,026 to -€52,874
- Purchases and services +€20,848
up €20,848 (+65.1%), from €32,026 to €52,874
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 | €1,277,978 | €1,452,134 | +€174,156 | +13.6% |
| Current assets | 29/58 | €1,277,978 | €1,452,134 | +€174,156 | +13.6% |
| Amounts receivable after more than one year | 29 | €318,999 | €271,522 | -€47,477 | -14.9% |
| Other amounts receivable | 291 | €318,999 | €271,522 | -€47,477 | -14.9% |
| Amounts receivable within one year | 40/41 | - | €293,440 | +€293,440 | |
| Other amounts receivable | 41 | - | €293,440 | +€293,440 | |
| Current investments | 50/53 | €801,727 | €588,443 | -€213,284 | -26.6% |
| Cash at bank and in hand | 54/58 | €145,516 | €289,193 | +€143,677 | +98.7% |
| Deferred charges and accrued income | 490/1 | €11,737 | €9,536 | -€2,200 | -18.7% |
| Total equity and liabilities | 10/49 | €1,277,978 | €1,452,134 | +€174,156 | +13.6% |
| Equity | 10/15 | €1,040,000 | €1,040,000 | = | 0.0% |
| Contributions | 10/11 | €1,040,000 | €1,040,000 | = | 0.0% |
| Amounts payable | 17/49 | €237,978 | €412,134 | +€174,156 | +73.2% |
| Amounts payable within one year | 42/48 | €237,978 | €412,134 | +€174,156 | +73.2% |
| Trade debts | 44 | - | €17,679 | +€17,679 | |
| Suppliers | 440/4 | - | €17,679 | +€17,679 | |
| Taxes, remuneration and social security | 45 | €40 | €40 | = | 0.0% |
| Taxes | 450/3 | €40 | €40 | = | 0.0% |
| Other amounts payable | 47/48 | €237,938 | €394,415 | +€156,477 | +65.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €32,026 | €52,874 | +€20,848 | +65.1% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | -€32,026 | -€52,874 | -€20,848 | -65.1% |
| Operating profit (loss) | 9901 | -€33,112 | -€53,993 | -€20,881 | -63.1% |
| Financial income | 75/76B | €312,682 | €523,336 | +€210,654 | +67.4% |
| Recurring financial income | 75 | €312,682 | €523,336 | +€210,654 | +67.4% |
| Financial charges | 65/66B | €41,632 | €74,865 | +€33,233 | +79.8% |
| Recurring financial charges | 65 | €41,632 | €74,865 | +€33,233 | +79.8% |
| Profit (loss) for the period before taxes | 9903 | €237,938 | €394,478 | +€156,540 | +65.8% |
| Income taxes | 67/77 | - | €63 | +€63 | |
| Profit (loss) for the period | 9904 | €237,938 | €394,415 | +€156,477 | +65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €237,938 | €394,415 | +€156,477 | +65.8% |
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 6 October 2026 via checked.be.