CONTROLLED CHAOS: 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.
CONTROLLED CHAOS
Largest movements
- Cash +€23,802
up €23,802 (+139%), from €17,080 to €40,882
mainly Net result for the year (+€33,977) and Depreciation (+€8,767)
- Tangible fixed assets -€7,072
down €7,072 (-2.9%), from €243,714 to €236,642
of which Land and buildings: -€7,500
- Reserves +€33,144
up €33,144 (+48.8%), from €67,966 to €101,110
- Debts after one year -€17,500
down €17,500 (-10.0%), from €175,000 to €157,500
- Gross operating margin +€28,166
up €28,166 (+82.7%), from €34,057 to €62,223
- Taxes +€6,398
up €6,398 (+179%), from €3,573 to €9,970
- Financial charges -€3,742
down €3,742 (-31.1%), from €12,044 to €8,302
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 | €273,854 | €290,532 | +€16,678 | +6.1% |
| Fixed assets | 21/28 | €243,714 | €236,642 | -€7,072 | -2.9% |
| Tangible fixed assets | 22/27 | €243,714 | €236,642 | -€7,072 | -2.9% |
| Land and buildings | 22 | €243,004 | €235,504 | -€7,500 | -3.1% |
| Furniture and vehicles | 24 | €710 | €1,138 | +€428 | +60.3% |
| Current assets | 29/58 | €30,140 | €53,890 | +€23,750 | +78.8% |
| Amounts receivable within one year | 40/41 | €9,552 | €10,887 | +€1,336 | +14.0% |
| Trade receivables | 40 | €9,474 | €10,618 | +€1,143 | +12.1% |
| Other amounts receivable | 41 | €77 | €270 | +€192 | +249% |
| Cash at bank and in hand | 54/58 | €17,080 | €40,882 | +€23,802 | +139% |
| Deferred charges and accrued income | 490/1 | €3,508 | €2,121 | -€1,387 | -39.5% |
| Total equity and liabilities | 10/49 | €273,854 | €290,532 | +€16,678 | +6.1% |
| Equity | 10/15 | €72,966 | €106,110 | +€33,144 | +45.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €67,966 | €101,110 | +€33,144 | +48.8% |
| Distributable reserves | 133 | €67,966 | €101,110 | +€33,144 | +48.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €200,887 | €184,422 | -€16,465 | -8.2% |
| Amounts payable after more than one year | 17 | €175,000 | €157,500 | -€17,500 | -10.0% |
| Financial debts | 170/4 | €175,000 | €157,500 | -€17,500 | -10.0% |
| Amounts payable within one year | 42/48 | €25,888 | €26,923 | +€1,035 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €17,500 | €17,500 | = | 0.0% |
| Trade debts | 44 | €1,831 | €1,547 | -€284 | -15.5% |
| Suppliers | 440/4 | €1,831 | €1,547 | -€284 | -15.5% |
| Taxes, remuneration and social security | 45 | €5,254 | €6,441 | +€1,188 | +22.6% |
| Taxes | 450/3 | €5,254 | €6,441 | +€1,188 | +22.6% |
| Other amounts payable | 47/48 | €1,303 | €1,434 | +€131 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,592 | €8,767 | +€175 | +2.0% |
| Other operating charges | 640/8 | €1,170 | €1,208 | +€37 | +3.2% |
| Gross operating margin | 9900 | €34,057 | €62,223 | +€28,166 | +82.7% |
| Operating profit (loss) | 9901 | €24,294 | €52,248 | +€27,954 | +115% |
| Financial income | 75/76B | €17 | €0 | -€17 | -100% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -100% |
| Financial charges | 65/66B | €12,044 | €8,302 | -€3,742 | -31.1% |
| Recurring financial charges | 65 | €12,044 | €8,302 | -€3,742 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €12,268 | €43,947 | +€31,679 | +258% |
| Income taxes | 67/77 | €3,573 | €9,970 | +€6,398 | +179% |
| Profit (loss) for the period | 9904 | €8,695 | €33,977 | +€25,282 | +291% |
| Profit (loss) for the period to be appropriated | 9905 | €8,695 | €33,977 | +€25,282 | +291% |
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 18 October 2026 via checked.be.