CUANTO-ANTES: 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.
CUANTO-ANTES
Largest movements
- Receivables within one year +€39,653
up €39,653 (+311%), from €12,754 to €52,407
of which Other amounts receivable: +€37,275
- Tangible fixed assets -€25,645
down €25,645 (-4.9%), from €518,449 to €492,804
of which Land and buildings: -€15,871
- Stocks and contracts -€14,669
down €14,669 (-9.6%), from €152,498 to €137,829
- Profit (loss) carried forward +€59,270
up €59,270 (+20.9%), from €283,678 to €342,949
- Other debts -€54,914
down €54,914 (-21.5%), from €255,314 to €200,400
- Current portion of long-term debt +€34,656
up €34,656 (+237%), from €14,649 to €49,306
- Trade debts -€18,192
down €18,192 (-52.0%), from €34,981 to €16,789
- Debts after one year -€15,306
down €15,306 (-38.7%), from €39,558 to €24,253
- Staff costs -€47,412
down €47,412 (-41.2%), from €114,952 to €67,539
- Gross operating margin +€35,767
up €35,767 (+23.2%), from €153,868 to €189,635
- Taxes +€25,718
up €25,718 (+5,521%), from €466 to €26,184
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 | €698,237 | €699,045 | +€808 | +0.1% |
| Fixed assets | 21/28 | €520,500 | €494,366 | -€26,134 | -5.0% |
| Intangible fixed assets | 21 | €1,681 | €1,192 | -€490 | -29.1% |
| Tangible fixed assets | 22/27 | €518,449 | €492,804 | -€25,645 | -4.9% |
| Land and buildings | 22 | €495,358 | €479,487 | -€15,871 | -3.2% |
| Plant, machinery and equipment | 23 | €23,090 | €13,317 | -€9,774 | -42.3% |
| Financial fixed assets | 28 | €370 | €370 | = | 0.0% |
| Current assets | 29/58 | €177,737 | €204,679 | +€26,942 | +15.2% |
| Stocks and contracts in progress | 3 | €152,498 | €137,829 | -€14,669 | -9.6% |
| Stocks | 30/36 | €152,498 | €137,829 | -€14,669 | -9.6% |
| Amounts receivable within one year | 40/41 | €12,754 | €52,407 | +€39,653 | +311% |
| Trade receivables | 40 | €10,193 | €12,571 | +€2,378 | +23.3% |
| Other amounts receivable | 41 | €2,561 | €39,837 | +€37,275 | +1,455% |
| Cash at bank and in hand | 54/58 | €3,353 | €9,079 | +€5,726 | +171% |
| Deferred charges and accrued income | 490/1 | €9,132 | €5,364 | -€3,768 | -41.3% |
| Total equity and liabilities | 10/49 | €698,237 | €699,045 | +€808 | +0.1% |
| Equity | 10/15 | €304,138 | €363,409 | +€59,270 | +19.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €283,678 | €342,949 | +€59,270 | +20.9% |
| Amounts payable | 17/49 | €394,098 | €335,636 | -€58,462 | -14.8% |
| Amounts payable after more than one year | 17 | €39,558 | €24,253 | -€15,306 | -38.7% |
| Financial debts | 170/4 | €39,558 | €24,253 | -€15,306 | -38.7% |
| Amounts payable within one year | 42/48 | €354,540 | €310,145 | -€44,395 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €14,649 | €49,306 | +€34,656 | +237% |
| Financial debts | 43 | €30,000 | €25,000 | -€5,000 | -16.7% |
| Credit institutions | 430/8 | €30,000 | €25,000 | -€5,000 | -16.7% |
| Trade debts | 44 | €34,981 | €16,789 | -€18,192 | -52.0% |
| Suppliers | 440/4 | €34,981 | €16,789 | -€18,192 | -52.0% |
| Taxes, remuneration and social security | 45 | €19,597 | €18,651 | -€945 | -4.8% |
| Taxes | 450/3 | €5,870 | €10,998 | +€5,128 | +87.4% |
| Remuneration and social security | 454/9 | €13,726 | €7,653 | -€6,073 | -44.2% |
| Other amounts payable | 47/48 | €255,314 | €200,400 | -€54,914 | -21.5% |
| Accrued charges and deferred income | 492/3 | - | €1,238 | +€1,238 | |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €114,952 | €67,539 | -€47,412 | -41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,916 | €26,134 | +€218 | +0.8% |
| Other operating charges | 640/8 | €6,954 | €6,358 | -€596 | -8.6% |
| Gross operating margin | 9900 | €153,868 | €189,635 | +€35,767 | +23.2% |
| Operating profit (loss) | 9901 | €6,046 | €89,603 | +€83,557 | +1,382% |
| Financial income | 75/76B | €8 | €0 | -€8 | -100% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -100% |
| Financial charges | 65/66B | €4,892 | €4,149 | -€743 | -15.2% |
| Recurring financial charges | 65 | €4,892 | €4,149 | -€743 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €1,162 | €85,454 | +€84,292 | +7,252% |
| Income taxes | 67/77 | €466 | €26,184 | +€25,718 | +5,521% |
| Profit (loss) for the period | 9904 | €696 | €59,270 | +€58,574 | +8,410% |
| Profit (loss) for the period to be appropriated | 9905 | €696 | €59,270 | +€58,574 | +8,410% |
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 20 October 2026 via checked.be.