DATA IN SIGHT: 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.
DATA IN SIGHT
Largest movements
- Receivables within one year +€117,184
up €117,184 (+112.8%), from €103,867 to €221,051
of which Other amounts receivable: +€102,387
- Cash -€68,547
down €68,547 (-64.3%), from €106,592 to €38,046
mainly Receivables within one year (-€117,184) and Debts after one year (-€23,799)
- Tangible fixed assets +€8,223
up €8,223 (+3.0%), from €270,734 to €278,957
of which Furniture and vehicles: +€8,043
- Profit (loss) carried forward +€63,833
up €63,833 (+34.1%), from €187,119 to €250,952
- Debts after one year -€23,799
down €23,799 (-9.7%), from €244,126 to €220,327
- Tax, wage and social debts +€13,089
up €13,089 (+48.6%), from €26,955 to €40,044
of which Taxes: +€13,026
- Gross operating margin -€37,874
down €37,874 (-26.7%), from €141,837 to €103,962
- Depreciation +€8,651
up €8,651 (+632.0%), from €1,369 to €10,020
- Financial charges +€7,607
up €7,607 (+394.9%), from €1,926 to €9,533
- Taxes -€3,473
down €3,473 (-16.6%), from €20,977 to €17,504
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 | €481,193 | €538,372 | +€57,179 | +11.9% |
| Fixed assets | 21/28 | €270,734 | €278,957 | +€8,223 | +3.0% |
| Tangible fixed assets | 22/27 | €270,734 | €278,957 | +€8,223 | +3.0% |
| Land and buildings | 22 | €269,693 | €269,873 | +€180 | +0.1% |
| Furniture and vehicles | 24 | €1,041 | €9,084 | +€8,043 | +772.7% |
| Current assets | 29/58 | €210,459 | €259,415 | +€48,956 | +23.3% |
| Amounts receivable within one year | 40/41 | €103,867 | €221,051 | +€117,184 | +112.8% |
| Trade receivables | 40 | €8,016 | €22,813 | +€14,797 | +184.6% |
| Other amounts receivable | 41 | €95,851 | €198,238 | +€102,387 | +106.8% |
| Cash at bank and in hand | 54/58 | €106,592 | €38,046 | -€68,547 | -64.3% |
| Deferred charges and accrued income | 490/1 | - | €319 | +€319 | |
| Total equity and liabilities | 10/49 | €481,193 | €538,372 | +€57,179 | +11.9% |
| Equity | 10/15 | €187,119 | €254,202 | +€67,083 | +35.9% |
| Contributions | 10/11 | - | €3,250 | +€3,250 | |
| Profit (loss) carried forward | 14 | €187,119 | €250,952 | +€63,833 | +34.1% |
| Amounts payable | 17/49 | €294,074 | €284,170 | -€9,904 | -3.4% |
| Amounts payable after more than one year | 17 | €244,126 | €220,327 | -€23,799 | -9.7% |
| Financial debts | 170/4 | €244,126 | €220,327 | -€23,799 | -9.7% |
| Amounts payable within one year | 42/48 | €49,949 | €63,843 | +€13,895 | +27.8% |
| Current portion of amounts payable after more than one year | 42 | €22,993 | €23,799 | +€805 | +3.5% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €26,955 | €40,044 | +€13,089 | +48.6% |
| Taxes | 450/3 | €25,455 | €38,481 | +€13,026 | +51.2% |
| Remuneration and social security | 454/9 | €1,500 | €1,564 | +€64 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,369 | €10,020 | +€8,651 | +632.0% |
| Other operating charges | 640/8 | €1,984 | €3,072 | +€1,088 | +54.8% |
| Non-recurring operating charges | 66A | €33,768 | - | -€33,768 | |
| Gross operating margin | 9900 | €141,837 | €103,962 | -€37,874 | -26.7% |
| Operating profit (loss) | 9901 | €104,716 | €90,870 | -€13,846 | -13.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,926 | €9,533 | +€7,607 | +394.9% |
| Recurring financial charges | 65 | €1,926 | €9,533 | +€7,607 | +394.9% |
| Profit (loss) for the period before taxes | 9903 | €102,790 | €81,337 | -€21,453 | -20.9% |
| Income taxes | 67/77 | €20,977 | €17,504 | -€3,473 | -16.6% |
| Profit (loss) for the period | 9904 | €81,813 | €63,833 | -€17,980 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €81,813 | €63,833 | -€17,980 | -22.0% |
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 11 October 2026 via checked.be.