CUSTIFACT: 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.
CUSTIFACT
Largest movements
- Cash +€42,671
up €42,671 (+113.9%), from €37,479 to €80,150
mainly Net result for the year (+€44,687) and Depreciation (+€25,320)
- Tangible fixed assets -€23,553
down €23,553 (-8.6%), from €272,657 to €249,104
of which Furniture and vehicles: -€18,176
- Reserves +€44,687
up €44,687 (+38.7%), from €115,499 to €160,185
- Debts after one year -€29,797
down €29,797 (-17.0%), from €175,018 to €145,221
- Tax, wage and social debts +€5,016
up €5,016 (+64.9%), from €7,726 to €12,742
- Trade debts +€4,847
up €4,847 (+239.9%), from €2,020 to €6,866
- Depreciation -€28,169
down €28,169 (-52.7%), from €53,490 to €25,320
- Gross operating margin +€14,987
up €14,987 (+18.1%), from €83,005 to €97,992
- Taxes +€10,526
up €10,526 (+116.6%), from €9,026 to €19,551
- Financial charges +€3,836
up €3,836 (+116.3%), from €3,298 to €7,133
- Financial income -€1,946
down €1,946 (-82.7%), from €2,352 to €406
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 | €334,796 | €356,812 | +€22,016 | +6.6% |
| Fixed assets | 21/28 | €272,657 | €249,104 | -€23,553 | -8.6% |
| Tangible fixed assets | 22/27 | €272,657 | €249,104 | -€23,553 | -8.6% |
| Land and buildings | 22 | €236,177 | €229,041 | -€7,136 | -3.0% |
| Plant, machinery and equipment | 23 | €0 | €1,759 | +€1,759 | |
| Furniture and vehicles | 24 | €36,480 | €18,304 | -€18,176 | -49.8% |
| Current assets | 29/58 | €62,139 | €107,708 | +€45,569 | +73.3% |
| Amounts receivable within one year | 40/41 | €24,563 | €26,566 | +€2,003 | +8.2% |
| Trade receivables | 40 | €21,412 | €19,878 | -€1,534 | -7.2% |
| Other amounts receivable | 41 | €3,151 | €6,688 | +€3,537 | +112.3% |
| Current investments | 50/53 | €0 | €992 | +€992 | |
| Cash at bank and in hand | 54/58 | €37,479 | €80,150 | +€42,671 | +113.9% |
| Deferred charges and accrued income | 490/1 | €97 | €0 | -€97 | -100.0% |
| Total equity and liabilities | 10/49 | €334,796 | €356,812 | +€22,016 | +6.6% |
| Equity | 10/15 | €117,499 | €162,185 | +€44,687 | +38.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €115,499 | €160,185 | +€44,687 | +38.7% |
| Distributable reserves | 133 | €115,499 | €160,185 | +€44,687 | +38.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €217,297 | €194,626 | -€22,670 | -10.4% |
| Amounts payable after more than one year | 17 | €175,018 | €145,221 | -€29,797 | -17.0% |
| Financial debts | 170/4 | €175,018 | €145,221 | -€29,797 | -17.0% |
| Amounts payable within one year | 42/48 | €41,718 | €49,405 | +€7,687 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | €31,519 | €29,797 | -€1,722 | -5.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,020 | €6,866 | +€4,847 | +239.9% |
| Suppliers | 440/4 | €2,020 | €6,866 | +€4,847 | +239.9% |
| Taxes, remuneration and social security | 45 | €7,726 | €12,742 | +€5,016 | +64.9% |
| Taxes | 450/3 | €7,726 | €12,742 | +€5,016 | +64.9% |
| Other amounts payable | 47/48 | €453 | €0 | -€453 | -100.0% |
| Accrued charges and deferred income | 492/3 | €561 | €0 | -€561 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,490 | €25,320 | -€28,169 | -52.7% |
| Other operating charges | 640/8 | €1,599 | €1,706 | +€106 | +6.6% |
| Gross operating margin | 9900 | €83,005 | €97,992 | +€14,987 | +18.1% |
| Operating profit (loss) | 9901 | €27,916 | €70,965 | +€43,050 | +154.2% |
| Financial income | 75/76B | €2,352 | €406 | -€1,946 | -82.7% |
| Recurring financial income | 75 | €2,352 | €406 | -€1,946 | -82.7% |
| Financial charges | 65/66B | €3,298 | €7,133 | +€3,836 | +116.3% |
| Recurring financial charges | 65 | €3,298 | €7,133 | +€3,836 | +116.3% |
| Profit (loss) for the period before taxes | 9903 | €26,970 | €64,238 | +€37,268 | +138.2% |
| Income taxes | 67/77 | €9,026 | €19,551 | +€10,526 | +116.6% |
| Profit (loss) for the period | 9904 | €17,944 | €44,687 | +€26,742 | +149.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,944 | €44,687 | +€26,742 | +149.0% |
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.