Curiosity: 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.
Curiosity
Largest movements
- Receivables after one year -€17,385
down €17,385 (-29.3%), from €59,280 to €41,894
- Receivables within one year -€14,195
down €14,195 (-39.8%), from €35,676 to €21,480
of which Trade receivables: -€17,554
- Tangible fixed assets +€10,713
up €10,713 (+76.1%), from €14,081 to €24,793
of which Furniture and vehicles: +€13,082
- Trade debts -€22,498
down €22,498 (-89.8%), from €25,060 to €2,561
- Reserves -€20,175
down €20,175 (-9.6%), from €210,289 to €190,114
- Current portion of long-term debt +€12,809
up €12,809 (+86.0%), from €14,895 to €27,704
- Tax, wage and social debts +€11,211
up €11,211 (+111.0%), from €10,096 to €21,307
of which Taxes: +€13,824
- Gross operating margin +€28,228
up €28,228 (+76.9%), from €36,706 to €64,934
- Depreciation +€7,269
up €7,269 (+419.7%), from €1,732 to €9,001
- Taxes +€4,783
up €4,783 (+51.4%), from €9,301 to €14,084
- Other operating charges -€976
down €976 (-65.2%), from €1,496 to €520
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 | €344,032 | €326,101 | -€17,932 | -5.2% |
| Fixed assets | 21/28 | €241,893 | €251,942 | +€10,049 | +4.2% |
| Intangible fixed assets | 21 | €812 | €148 | -€664 | -81.7% |
| Tangible fixed assets | 22/27 | €14,081 | €24,793 | +€10,713 | +76.1% |
| Furniture and vehicles | 24 | €3,300 | €16,382 | +€13,082 | +396.4% |
| Other tangible fixed assets | 26 | €10,781 | €8,411 | -€2,370 | -22.0% |
| Financial fixed assets | 28 | €227,000 | €227,000 | = | 0.0% |
| Current assets | 29/58 | €102,139 | €74,159 | -€27,980 | -27.4% |
| Amounts receivable after more than one year | 29 | €59,280 | €41,894 | -€17,385 | -29.3% |
| Other amounts receivable | 291 | €59,280 | €41,894 | -€17,385 | -29.3% |
| Amounts receivable within one year | 40/41 | €35,676 | €21,480 | -€14,195 | -39.8% |
| Trade receivables | 40 | €17,554 | €0 | -€17,554 | -100.0% |
| Other amounts receivable | 41 | €18,122 | €21,480 | +€3,358 | +18.5% |
| Cash at bank and in hand | 54/58 | €7,004 | €10,441 | +€3,437 | +49.1% |
| Deferred charges and accrued income | 490/1 | €180 | €344 | +€164 | +90.7% |
| Total equity and liabilities | 10/49 | €344,032 | €326,101 | -€17,932 | -5.2% |
| Equity | 10/15 | €228,839 | €208,664 | -€20,175 | -8.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €210,289 | €190,114 | -€20,175 | -9.6% |
| Distributable reserves | 133 | €210,289 | €190,114 | -€20,175 | -9.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €115,193 | €117,437 | +€2,244 | +1.9% |
| Amounts payable after more than one year | 17 | €55,596 | €54,526 | -€1,070 | -1.9% |
| Financial debts | 170/4 | €55,596 | €54,526 | -€1,070 | -1.9% |
| Amounts payable within one year | 42/48 | €58,957 | €62,730 | +€3,773 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €14,895 | €27,704 | +€12,809 | +86.0% |
| Financial debts | 43 | €1,115 | €3,071 | +€1,956 | +175.4% |
| Credit institutions | 430/8 | €1,115 | €3,071 | +€1,956 | +175.4% |
| Trade debts | 44 | €25,060 | €2,561 | -€22,498 | -89.8% |
| Suppliers | 440/4 | €25,060 | €2,561 | -€22,498 | -89.8% |
| Taxes, remuneration and social security | 45 | €10,096 | €21,307 | +€11,211 | +111.0% |
| Taxes | 450/3 | €7,483 | €21,307 | +€13,824 | +184.7% |
| Remuneration and social security | 454/9 | €2,613 | €0 | -€2,613 | -100.0% |
| Other amounts payable | 47/48 | €7,791 | €8,087 | +€296 | +3.8% |
| Accrued charges and deferred income | 492/3 | €640 | €180 | -€460 | -71.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,732 | €9,001 | +€7,269 | +419.7% |
| Other operating charges | 640/8 | €1,496 | €520 | -€976 | -65.2% |
| Gross operating margin | 9900 | €36,706 | €64,934 | +€28,228 | +76.9% |
| Operating profit (loss) | 9901 | €33,479 | €55,414 | +€21,935 | +65.5% |
| Financial income | 75/76B | €2,661 | €2,971 | +€310 | +11.6% |
| Recurring financial income | 75 | €2,661 | €2,971 | +€310 | +11.6% |
| Financial charges | 65/66B | €4,773 | €4,476 | -€297 | -6.2% |
| Recurring financial charges | 65 | €4,773 | €4,476 | -€297 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €31,367 | €53,909 | +€22,542 | +71.9% |
| Income taxes | 67/77 | €9,301 | €14,084 | +€4,783 | +51.4% |
| Profit (loss) for the period | 9904 | €22,066 | €39,825 | +€17,759 | +80.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,066 | €39,825 | +€17,759 | +80.5% |
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 4 October 2026 via checked.be.