CoView: 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.
CoView
Largest movements
- Cash +€6,263
up €6,263 (+2.9%), from €216,801 to €223,064
mainly Net result for the year (+€34,515) and Other debts (+€15,073)
- Other debts +€15,073
up €15,073 (+51.8%), from €29,088 to €44,161
- Reserves -€8,804
down €8,804 (-4.4%), from €201,045 to €192,242
of which Distributable reserves: -€8,804
- Gross operating margin -€5,411
down €5,411 (-9.6%), from €56,553 to €51,143
- Taxes -€1,677
down €1,677 (-11.0%), from €15,235 to €13,558
- Depreciation +€1,280
up €1,280 (+61.5%), from €2,081 to €3,361
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 | €240,880 | €248,222 | +€7,342 | +3.0% |
| Fixed assets | 21/28 | €19,167 | €19,601 | +€435 | +2.3% |
| Tangible fixed assets | 22/27 | €19,167 | €19,601 | +€435 | +2.3% |
| Plant, machinery and equipment | 23 | €622 | €1,095 | +€473 | +76.1% |
| Furniture and vehicles | 24 | €1,880 | €2,927 | +€1,047 | +55.7% |
| Other tangible fixed assets | 26 | €16,665 | €14,885 | -€1,780 | -10.7% |
| Assets under construction and advance payments | 27 | - | €695 | +€695 | |
| Current assets | 29/58 | €221,713 | €228,620 | +€6,907 | +3.1% |
| Amounts receivable within one year | 40/41 | €2,888 | €3,478 | +€590 | +20.4% |
| Other amounts receivable | 41 | €2,888 | €3,478 | +€590 | +20.4% |
| Cash at bank and in hand | 54/58 | €216,801 | €223,064 | +€6,263 | +2.9% |
| Deferred charges and accrued income | 490/1 | €2,024 | €2,078 | +€54 | +2.7% |
| Total equity and liabilities | 10/49 | €240,880 | €248,222 | +€7,342 | +3.0% |
| Equity | 10/15 | €207,597 | €198,794 | -€8,804 | -4.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €201,045 | €192,242 | -€8,804 | -4.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €199,185 | €190,382 | -€8,804 | -4.4% |
| Profit (loss) carried forward | 14 | €352 | €352 | = | 0.0% |
| Amounts payable | 17/49 | €33,282 | €49,428 | +€16,146 | +48.5% |
| Amounts payable within one year | 42/48 | €33,282 | €49,428 | +€16,146 | +48.5% |
| Trade debts | 44 | €2,925 | €3,101 | +€176 | +6.0% |
| Suppliers | 440/4 | €2,925 | €3,101 | +€176 | +6.0% |
| Taxes, remuneration and social security | 45 | €1,270 | €2,166 | +€896 | +70.6% |
| Taxes | 450/3 | €1,270 | €2,166 | +€896 | +70.6% |
| Other amounts payable | 47/48 | €29,088 | €44,161 | +€15,073 | +51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,081 | €3,361 | +€1,280 | +61.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €56,553 | €51,143 | -€5,411 | -9.6% |
| Operating profit (loss) | 9901 | €54,085 | €47,382 | -€6,703 | -12.4% |
| Financial income | 75/76B | €1,526 | €1,022 | -€505 | -33.1% |
| Recurring financial income | 75 | €1,526 | €1,022 | -€505 | -33.1% |
| Financial charges | 65/66B | €357 | €330 | -€27 | -7.6% |
| Recurring financial charges | 65 | €357 | €330 | -€27 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €55,254 | €48,073 | -€7,181 | -13.0% |
| Income taxes | 67/77 | €15,235 | €13,558 | -€1,677 | -11.0% |
| Profit (loss) for the period | 9904 | €40,019 | €34,515 | -€5,504 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,019 | €34,515 | -€5,504 | -13.8% |
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 10 October 2026 via checked.be.