Data Management: 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 Management
Largest movements
- Current investments +€61,750
up €61,750 (+20.9%), from €295,801 to €357,551
- Receivables within one year -€8,446
down €8,446 (-37.1%), from €22,763 to €14,317
of which Trade receivables: -€8,446
- Reserves +€51,200
up €51,200 (+16.0%), from €320,460 to €371,660
of which Distributable reserves: +€51,200
- Gross operating margin +€5,095
up €5,095 (+8.6%), from €59,414 to €64,509
- Financial income -€2,013
down €2,013 (-17.1%), from €11,780 to €9,767
- Taxes +€912
up €912 (+4.3%), from €21,403 to €22,315
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 | €352,865 | €404,645 | +€51,780 | +14.7% |
| Fixed assets | 21/28 | €31,090 | €31,218 | +€128 | +0.4% |
| Tangible fixed assets | 22/27 | €800 | €928 | +€128 | +16.0% |
| Plant, machinery and equipment | 23 | - | €128 | +€128 | |
| Furniture and vehicles | 24 | €800 | €800 | = | 0.0% |
| Financial fixed assets | 28 | €30,290 | €30,290 | = | 0.0% |
| Current assets | 29/58 | €321,775 | €373,427 | +€51,652 | +16.1% |
| Amounts receivable within one year | 40/41 | €22,763 | €14,317 | -€8,446 | -37.1% |
| Trade receivables | 40 | €17,763 | €9,317 | -€8,446 | -47.5% |
| Other amounts receivable | 41 | €5,000 | €5,000 | = | 0.0% |
| Current investments | 50/53 | €295,801 | €357,551 | +€61,750 | +20.9% |
| Cash at bank and in hand | 54/58 | €3,211 | €1,559 | -€1,652 | -51.4% |
| Total equity and liabilities | 10/49 | €352,865 | €404,645 | +€51,780 | +14.7% |
| Equity | 10/15 | €346,294 | €397,673 | +€51,379 | +14.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €320,460 | €371,660 | +€51,200 | +16.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €318,600 | €369,800 | +€51,200 | +16.1% |
| Profit (loss) carried forward | 14 | €7,234 | €7,413 | +€179 | +2.5% |
| Amounts payable | 17/49 | €6,571 | €6,972 | +€401 | +6.1% |
| Amounts payable within one year | 42/48 | €6,571 | €6,972 | +€401 | +6.1% |
| Trade debts | 44 | €28 | €1 | -€27 | -96.4% |
| Suppliers | 440/4 | €28 | €1 | -€27 | -96.4% |
| Taxes, remuneration and social security | 45 | €6,543 | €6,971 | +€428 | +6.5% |
| Taxes | 450/3 | €6,543 | €6,971 | +€428 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49 | €32 | -€17 | -34.7% |
| Other operating charges | 640/8 | €141 | €144 | +€3 | +2.1% |
| Gross operating margin | 9900 | €59,414 | €64,509 | +€5,095 | +8.6% |
| Operating profit (loss) | 9901 | €59,224 | €64,333 | +€5,109 | +8.6% |
| Financial income | 75/76B | €11,780 | €9,767 | -€2,013 | -17.1% |
| Recurring financial income | 75 | €11,780 | €9,767 | -€2,013 | -17.1% |
| Financial charges | 65/66B | €238 | €406 | +€168 | +70.6% |
| Recurring financial charges | 65 | €238 | €406 | +€168 | +70.6% |
| Profit (loss) for the period before taxes | 9903 | €70,766 | €73,694 | +€2,928 | +4.1% |
| Income taxes | 67/77 | €21,403 | €22,315 | +€912 | +4.3% |
| Profit (loss) for the period | 9904 | €49,363 | €51,379 | +€2,016 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,363 | €51,379 | +€2,016 | +4.1% |
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 25 October 2026 via checked.be.