DATAFIN: 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.
DATAFIN
Largest movements
- Tangible fixed assets +€386,080
up €386,080 (+22.2%), from €1.7m to €2.1m
of which Land and buildings: +€412,203
- Current investments +€235,397
up €235,397 (+47.9%), from €491,744 to €727,141
- Cash +€140,401
up €140,401 (+45.9%), from €305,607 to €446,008
mainly Debts after one year (+€299,596) and Net result for the year (+€234,494)
- Debts after one year +€299,596
up €299,596 (+25.2%), from €1.2m to €1.5m
- Advances received +€142,135
up €142,135 (+20.0%), from €709,724 to €851,858
- Reserves +€134,494
up €134,494 (+21.3%), from €630,363 to €764,856
- Other debts +€78,258
up €78,258 (+1563.8%), from €5,004 to €83,263
- Tax, wage and social debts +€42,792
up €42,792 (+78.2%), from €54,740 to €97,532
of which Taxes: +€42,590
- Gross operating margin +€189,279
up €189,279 (+46.0%), from €411,699 to €600,978
- Taxes +€49,502
up €49,502 (+73.5%), from €67,337 to €116,839
- Financial charges +€23,796
up €23,796 (+87.5%), from €27,181 to €50,976
- Other operating charges -€21,659
down €21,659 (-72.8%), from €29,758 to €8,099
- Financial income +€15,056
up €15,056 (+62.3%), from €24,181 to €39,238
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 | €2,762,859 | €3,501,387 | +€738,528 | +26.7% |
| Fixed assets | 21/28 | €1,954,407 | €2,313,747 | +€359,340 | +18.4% |
| Intangible fixed assets | 21 | €213,916 | €187,177 | -€26,740 | -12.5% |
| Tangible fixed assets | 22/27 | €1,740,354 | €2,126,434 | +€386,080 | +22.2% |
| Land and buildings | 22 | €1,536,827 | €1,949,031 | +€412,203 | +26.8% |
| Plant, machinery and equipment | 23 | €4,232 | €3,341 | -€890 | -21.0% |
| Furniture and vehicles | 24 | €74,377 | €58,275 | -€16,102 | -21.6% |
| Other tangible fixed assets | 26 | €124,919 | €115,787 | -€9,132 | -7.3% |
| Financial fixed assets | 28 | €136 | €136 | = | 0.0% |
| Current assets | 29/58 | €808,452 | €1,187,640 | +€379,188 | +46.9% |
| Amounts receivable within one year | 40/41 | €4,313 | €9,067 | +€4,754 | +110.2% |
| Trade receivables | 40 | €4,313 | €9,067 | +€4,754 | +110.2% |
| Current investments | 50/53 | €491,744 | €727,141 | +€235,397 | +47.9% |
| Cash at bank and in hand | 54/58 | €305,607 | €446,008 | +€140,401 | +45.9% |
| Deferred charges and accrued income | 490/1 | €6,788 | €5,424 | -€1,364 | -20.1% |
| Total equity and liabilities | 10/49 | €2,762,859 | €3,501,387 | +€738,528 | +26.7% |
| Equity | 10/15 | €648,963 | €783,456 | +€134,494 | +20.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €630,363 | €764,856 | +€134,494 | +21.3% |
| Distributable reserves | 133 | €630,363 | €764,856 | +€134,494 | +21.3% |
| Provisions and deferred taxes | 16 | €12,275 | €8,450 | -€3,824 | -31.2% |
| Provisions for liabilities and charges | 160/5 | €12,275 | €8,450 | -€3,824 | -31.2% |
| Pensions and similar obligations | 160 | €12,275 | €8,450 | -€3,824 | -31.2% |
| Amounts payable | 17/49 | €2,101,622 | €2,709,480 | +€607,859 | +28.9% |
| Amounts payable after more than one year | 17 | €1,190,810 | €1,490,406 | +€299,596 | +25.2% |
| Financial debts | 170/4 | €1,190,810 | €1,490,406 | +€299,596 | +25.2% |
| Amounts payable within one year | 42/48 | €881,656 | €1,184,410 | +€302,754 | +34.3% |
| Current portion of amounts payable after more than one year | 42 | €109,910 | €136,882 | +€26,972 | +24.5% |
| Trade debts | 44 | €2,278 | €14,875 | +€12,597 | +553.0% |
| Suppliers | 440/4 | €2,278 | €14,875 | +€12,597 | +553.0% |
| Advances received on contracts in progress | 46 | €709,724 | €851,858 | +€142,135 | +20.0% |
| Taxes, remuneration and social security | 45 | €54,740 | €97,532 | +€42,792 | +78.2% |
| Taxes | 450/3 | €43,492 | €86,082 | +€42,590 | +97.9% |
| Remuneration and social security | 454/9 | €11,248 | €11,450 | +€202 | +1.8% |
| Other amounts payable | 47/48 | €5,004 | €83,263 | +€78,258 | +1563.8% |
| Accrued charges and deferred income | 492/3 | €29,155 | €34,663 | +€5,508 | +18.9% |
| Non-recurring operating income | 76A | - | €63,685 | +€63,685 | |
| Remuneration, social security and pensions | 62 | €36,597 | €36,953 | +€355 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190,966 | €192,854 | +€1,889 | +1.0% |
| Other operating charges | 640/8 | €29,758 | €8,099 | -€21,659 | -72.8% |
| Gross operating margin | 9900 | €411,699 | €600,978 | +€189,279 | +46.0% |
| Operating profit (loss) | 9901 | €154,377 | €363,071 | +€208,694 | +135.2% |
| Financial income | 75/76B | €24,181 | €39,238 | +€15,056 | +62.3% |
| Recurring financial income | 75 | €24,181 | €39,238 | +€15,056 | +62.3% |
| Financial charges | 65/66B | €27,181 | €50,976 | +€23,796 | +87.5% |
| Recurring financial charges | 65 | €27,181 | €50,976 | +€23,796 | +87.5% |
| Profit (loss) for the period before taxes | 9903 | €151,378 | €351,333 | +€199,955 | +132.1% |
| Income taxes | 67/77 | €67,337 | €116,839 | +€49,502 | +73.5% |
| Profit (loss) for the period | 9904 | €84,041 | €234,494 | +€150,452 | +179.0% |
| Profit (loss) for the period to be appropriated | 9905 | €84,041 | €234,494 | +€150,452 | +179.0% |
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 5 October 2026 via checked.be.