DE L'ETALE A LA TABLE: what changed
DE L'ETALE A LA TABLE
Largest movements
- Stocks and contracts +€10,500
up €10,500 (+46.1%), from €22,760 to €33,260
- Cash -€3,891
down €3,891 (-3.5%), from €109,696 to €105,805
mainly Tax, wage and social debts (-€25,513) and Stocks and contracts (-€10,500)
- Receivables within one year -€3,245
down €3,245 (-5.7%), from €57,369 to €54,124
of which Other amounts receivable: -€8,980
- Tangible fixed assets -€2,514
down €2,514 (-39.6%), from €6,350 to €3,835
of which Furniture and vehicles: -€2,193
- Tax, wage and social debts -€25,513
down €25,513 (-24.9%), from €102,603 to €77,090
of which Taxes: -€20,580
- Trade debts +€18,890
up €18,890 (+28.5%), from €66,363 to €85,253
- Profit (loss) carried forward +€7,472
up €7,472 (+43.4%), from €17,209 to €24,681
- Gross operating margin +€120,362
up €120,362 (+91.3%), from €131,816 to €252,178
- Staff costs +€80,000
up €80,000 (+50.1%), from €159,639 to €239,639
- Taxes -€13,058
no longer reported in 2025 (was €13,058)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €196,175 | €197,024 | +€849 | +0.4% |
| Fixed assets | 21/28 | €6,350 | €3,835 | -€2,514 | -39.6% |
| Tangible fixed assets | 22/27 | €6,350 | €3,835 | -€2,514 | -39.6% |
| Plant, machinery and equipment | 23 | €1,514 | €1,192 | -€321 | -21.2% |
| Furniture and vehicles | 24 | €4,836 | €2,643 | -€2,193 | -45.4% |
| Current assets | 29/58 | €189,825 | €193,189 | +€3,363 | +1.8% |
| Stocks and contracts in progress | 3 | €22,760 | €33,260 | +€10,500 | +46.1% |
| Stocks | 30/36 | €22,760 | €33,260 | +€10,500 | +46.1% |
| Amounts receivable within one year | 40/41 | €57,369 | €54,124 | -€3,245 | -5.7% |
| Trade receivables | 40 | €7,083 | €12,817 | +€5,734 | +81.0% |
| Other amounts receivable | 41 | €50,287 | €41,307 | -€8,980 | -17.9% |
| Cash at bank and in hand | 54/58 | €109,696 | €105,805 | -€3,891 | -3.5% |
| Total equity and liabilities | 10/49 | €196,175 | €197,024 | +€849 | +0.4% |
| Equity | 10/15 | €27,209 | €34,681 | +€7,472 | +27.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,209 | €24,681 | +€7,472 | +43.4% |
| Amounts payable | 17/49 | €168,966 | €162,343 | -€6,623 | -3.9% |
| Amounts payable within one year | 42/48 | €168,966 | €162,343 | -€6,623 | -3.9% |
| Trade debts | 44 | €66,363 | €85,253 | +€18,890 | +28.5% |
| Suppliers | 440/4 | €66,363 | €85,253 | +€18,890 | +28.5% |
| Taxes, remuneration and social security | 45 | €102,603 | €77,090 | -€25,513 | -24.9% |
| Taxes | 450/3 | €40,863 | €20,283 | -€20,580 | -50.4% |
| Remuneration and social security | 454/9 | €61,740 | €56,807 | -€4,933 | -8.0% |
| Remuneration, social security and pensions | 62 | €159,639 | €239,639 | +€80,000 | +50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,286 | €2,514 | +€229 | +10.0% |
| Other operating charges | 640/8 | €1,107 | €1,211 | +€104 | +9.4% |
| Gross operating margin | 9900 | €131,816 | €252,178 | +€120,362 | +91.3% |
| Operating profit (loss) | 9901 | -€31,216 | €8,813 | +€40,029 | |
| Financial income | 75/76B | €1,059 | €25 | -€1,034 | -97.6% |
| Recurring financial income | 75 | €1,059 | €25 | -€1,034 | -97.6% |
| Financial charges | 65/66B | €994 | €1,366 | +€372 | +37.4% |
| Recurring financial charges | 65 | €994 | €1,366 | +€372 | +37.4% |
| Profit (loss) for the period before taxes | 9903 | -€31,152 | €7,472 | +€38,623 | |
| Income taxes | 67/77 | €13,058 | - | -€13,058 | |
| Profit (loss) for the period | 9904 | -€44,210 | €7,472 | +€51,682 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,210 | €7,472 | +€51,682 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.