DATAQUEST: 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.
DATAQUEST
Largest movements
- Current investments -€110,397
down €110,397 (-31.6%), from €349,064 to €238,667
- Cash -€46,055
down €46,055 (-44.0%), from €104,784 to €58,729
mainly Contributions, distributions and other (-€247,482) and Accrued charges and deferred income (-€2,987)
- Tangible fixed assets -€7,441
down €7,441 (-32.5%), from €22,897 to €15,456
- Reserves -€163,401
down €163,401 (-33.4%), from €488,860 to €325,459
of which Distributable reserves: -€163,401
- Financial income +€16,779
up €16,779 (+2570.4%), from €653 to €17,431
- Other operating charges -€2,476
down €2,476 (-73.0%), from €3,392 to €916
- Gross operating margin -€2,359
down €2,359 (-2.2%), from €107,366 to €105,007
- Taxes +€1,131
up €1,131 (+4.2%), from €26,801 to €27,932
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 | €519,401 | €350,859 | -€168,541 | -32.4% |
| Fixed assets | 21/28 | €22,897 | €15,456 | -€7,441 | -32.5% |
| Tangible fixed assets | 22/27 | €22,897 | €15,456 | -€7,441 | -32.5% |
| Furniture and vehicles | 24 | €22,897 | €15,456 | -€7,441 | -32.5% |
| Current assets | 29/58 | €496,504 | €335,404 | -€161,100 | -32.4% |
| Amounts receivable within one year | 40/41 | €42,656 | €38,008 | -€4,648 | -10.9% |
| Trade receivables | 40 | €40,732 | €32,516 | -€8,216 | -20.2% |
| Other amounts receivable | 41 | €1,923 | €5,492 | +€3,568 | +185.5% |
| Current investments | 50/53 | €349,064 | €238,667 | -€110,397 | -31.6% |
| Cash at bank and in hand | 54/58 | €104,784 | €58,729 | -€46,055 | -44.0% |
| Total equity and liabilities | 10/49 | €519,401 | €350,859 | -€168,541 | -32.4% |
| Equity | 10/15 | €495,060 | €331,659 | -€163,401 | -33.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €488,860 | €325,459 | -€163,401 | -33.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,298 | €2,298 | = | 0.0% |
| Distributable reserves | 133 | €484,702 | €321,302 | -€163,401 | -33.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €24,341 | €19,200 | -€5,141 | -21.1% |
| Amounts payable within one year | 42/48 | €19,263 | €17,109 | -€2,154 | -11.2% |
| Trade debts | 44 | €700 | €1,068 | +€368 | +52.5% |
| Suppliers | 440/4 | €700 | €1,068 | +€368 | +52.5% |
| Taxes, remuneration and social security | 45 | €8,303 | €5,409 | -€2,894 | -34.9% |
| Taxes | 450/3 | €8,303 | €5,409 | -€2,894 | -34.9% |
| Other amounts payable | 47/48 | €10,260 | €10,633 | +€372 | +3.6% |
| Accrued charges and deferred income | 492/3 | €5,077 | €2,090 | -€2,987 | -58.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,618 | €7,441 | -€176 | -2.3% |
| Other operating charges | 640/8 | €3,392 | €916 | -€2,476 | -73.0% |
| Gross operating margin | 9900 | €107,366 | €105,007 | -€2,359 | -2.2% |
| Operating profit (loss) | 9901 | €96,357 | €96,650 | +€294 | +0.3% |
| Financial income | 75/76B | €653 | €17,431 | +€16,779 | +2570.4% |
| Recurring financial income | 75 | €653 | €17,431 | +€16,779 | +2570.4% |
| Financial charges | 65/66B | €1,906 | €2,068 | +€163 | +8.5% |
| Recurring financial charges | 65 | €1,906 | €2,068 | +€163 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €95,104 | €112,014 | +€16,910 | +17.8% |
| Income taxes | 67/77 | €26,801 | €27,932 | +€1,131 | +4.2% |
| Profit (loss) for the period | 9904 | €68,303 | €84,082 | +€15,779 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €68,303 | €84,082 | +€15,779 | +23.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.