CUSTOM-PRINT: 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.
CUSTOM-PRINT
Largest movements
- Tangible fixed assets +€385,883
up €385,883 (+7,855%), from €4,913 to €390,795
of which Land and buildings: +€384,376
- Cash +€27,089
up €27,089 (+27.0%), from €100,477 to €127,565
mainly Debts after one year (+€289,483) and Trade debts (+€99,627)
- Receivables within one year +€10,026
up €10,026 (+15.0%), from €66,873 to €76,899
of which Trade receivables: +€15,195
- Debts after one year +€289,483
new in 2025: €289,483
- Trade debts +€99,627
up €99,627 (+343%), from €29,072 to €128,699
- Reserves +€25,983
up €25,983 (+23.5%), from €110,666 to €136,648
- Current portion of long-term debt +€17,670
new in 2025: €17,670
- Tax, wage and social debts -€11,703
down €11,703 (-21.0%), from €55,617 to €43,914
- Taxes -€12,932
down €12,932 (-82.5%), from €15,670 to €2,737
- Other operating charges +€11,098
up €11,098 (+844%), from €1,316 to €12,414
- Gross operating margin -€7,095
down €7,095 (-12.3%), from €57,472 to €50,378
- Depreciation +€4,687
up €4,687 (+378%), from €1,238 to €5,925
- Financial charges +€4,116
up €4,116 (+4,462%), from €92 to €4,208
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 | €199,354 | €620,413 | +€421,059 | +211% |
| Fixed assets | 21/28 | €4,913 | €390,795 | +€385,883 | +7,855% |
| Tangible fixed assets | 22/27 | €4,913 | €390,795 | +€385,883 | +7,855% |
| Land and buildings | 22 | - | €384,376 | +€384,376 | |
| Plant, machinery and equipment | 23 | €4,913 | €3,674 | -€1,238 | -25.2% |
| Furniture and vehicles | 24 | - | €2,745 | +€2,745 | |
| Current assets | 29/58 | €194,442 | €229,618 | +€35,176 | +18.1% |
| Stocks and contracts in progress | 3 | €5,872 | €5,126 | -€747 | -12.7% |
| Stocks | 30/36 | €5,872 | €5,126 | -€747 | -12.7% |
| Amounts receivable within one year | 40/41 | €66,873 | €76,899 | +€10,026 | +15.0% |
| Trade receivables | 40 | €34,941 | €50,136 | +€15,195 | +43.5% |
| Other amounts receivable | 41 | €31,931 | €26,763 | -€5,169 | -16.2% |
| Current investments | 50/53 | €20,028 | €20,028 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €100,477 | €127,565 | +€27,089 | +27.0% |
| Deferred charges and accrued income | 490/1 | €1,192 | - | -€1,192 | |
| Total equity and liabilities | 10/49 | €199,354 | €620,413 | +€421,059 | +211% |
| Equity | 10/15 | €114,666 | €140,648 | +€25,983 | +22.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €110,666 | €136,648 | +€25,983 | +23.5% |
| Distributable reserves | 133 | €110,666 | €136,648 | +€25,983 | +23.5% |
| Amounts payable | 17/49 | €84,689 | €479,765 | +€395,076 | +467% |
| Amounts payable after more than one year | 17 | - | €289,483 | +€289,483 | |
| Financial debts | 170/4 | - | €289,483 | +€289,483 | |
| Amounts payable within one year | 42/48 | €84,689 | €190,283 | +€105,594 | +125% |
| Current portion of amounts payable after more than one year | 42 | - | €17,670 | +€17,670 | |
| Trade debts | 44 | €29,072 | €128,699 | +€99,627 | +343% |
| Suppliers | 440/4 | €29,072 | €128,699 | +€99,627 | +343% |
| Taxes, remuneration and social security | 45 | €55,617 | €43,914 | -€11,703 | -21.0% |
| Taxes | 450/3 | €55,617 | €43,914 | -€11,703 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,238 | €5,925 | +€4,687 | +378% |
| Other operating charges | 640/8 | €1,316 | €12,414 | +€11,098 | +844% |
| Gross operating margin | 9900 | €57,472 | €50,378 | -€7,095 | -12.3% |
| Operating profit (loss) | 9901 | €54,918 | €32,039 | -€22,879 | -41.7% |
| Financial income | 75/76B | €1,274 | €2,281 | +€1,007 | +79.0% |
| Recurring financial income | 75 | €1,274 | €2,281 | +€1,007 | +79.0% |
| Financial charges | 65/66B | €92 | €4,208 | +€4,116 | +4,462% |
| Recurring financial charges | 65 | €92 | €4,208 | +€4,116 | +4,462% |
| Profit (loss) for the period before taxes | 9903 | €56,100 | €30,111 | -€25,989 | -46.3% |
| Income taxes | 67/77 | €15,670 | €2,737 | -€12,932 | -82.5% |
| Profit (loss) for the period | 9904 | €40,430 | €27,374 | -€13,056 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,430 | €27,374 | -€13,056 | -32.3% |
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 14 October 2026 via checked.be.