DETOUR: 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.
DETOUR
Largest movements
- Cash +€42,807
up €42,807 (+75.0%), from €57,054 to €99,861
mainly Net result for the year (+€69,561) and Depreciation (+€42,046)
- Receivables within one year +€25,779
up €25,779 (+10.0%), from €256,516 to €282,295
of which Other amounts receivable: +€35,027
- Deferred charges and accrued income +€13,178
up €13,178 (+92.5%), from €14,249 to €27,427
- Tangible fixed assets +€6,710
up €6,710 (+5.5%), from €122,752 to €129,462
of which Other tangible fixed assets: +€4,798
- Reserves +€115,818
new in 2025: €115,818
- Profit (loss) carried forward -€46,257
no longer reported in 2025 (was €46,257)
- Debts after one year -€13,896
down €13,896 (-9.2%), from €150,394 to €136,498
of which Other amounts payable: -€16,500
- Accrued charges and deferred income +€13,784
up €13,784 (+92.0%), from €14,982 to €28,766
- Trade debts +€13,187
up €13,187 (+82.7%), from €15,951 to €29,138
- Turnover +€114,880
up €114,880 (+21.4%), from €537,387 to €652,267
- Purchases and services +€54,117
up €54,117 (+11.0%), from €493,012 to €547,129
- Gross operating margin +€30,560
up €30,560 (+26.5%), from €115,420 to €145,980
- Taxes +€15,504
up €15,504 (+45600.0%), from €34 to €15,538
- Staff costs +€8,910
new in 2025: €8,910
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 | €465,680 | €552,505 | +€86,825 | +18.6% |
| Fixed assets | 21/28 | €137,861 | €142,922 | +€5,061 | +3.7% |
| Intangible fixed assets | 21 | €1,834 | €185 | -€1,649 | -89.9% |
| Tangible fixed assets | 22/27 | €122,752 | €129,462 | +€6,710 | +5.5% |
| Plant, machinery and equipment | 23 | €4,986 | €3,763 | -€1,223 | -24.5% |
| Furniture and vehicles | 24 | €117,766 | €120,901 | +€3,135 | +2.7% |
| Other tangible fixed assets | 26 | - | €4,798 | +€4,798 | |
| Financial fixed assets | 28 | €13,275 | €13,275 | = | 0.0% |
| Current assets | 29/58 | €327,819 | €409,583 | +€81,764 | +24.9% |
| Amounts receivable within one year | 40/41 | €256,516 | €282,295 | +€25,779 | +10.0% |
| Trade receivables | 40 | €251,996 | €242,748 | -€9,248 | -3.7% |
| Other amounts receivable | 41 | €4,520 | €39,547 | +€35,027 | +774.9% |
| Cash at bank and in hand | 54/58 | €57,054 | €99,861 | +€42,807 | +75.0% |
| Deferred charges and accrued income | 490/1 | €14,249 | €27,427 | +€13,178 | +92.5% |
| Total equity and liabilities | 10/49 | €465,680 | €552,505 | +€86,825 | +18.6% |
| Equity | 10/15 | €234,307 | €303,868 | +€69,561 | +29.7% |
| Contributions | 10/11 | €188,050 | €188,050 | = | 0.0% |
| Reserves | 13 | - | €115,818 | +€115,818 | |
| Distributable reserves | 133 | - | €115,818 | +€115,818 | |
| Profit (loss) carried forward | 14 | €46,257 | - | -€46,257 | |
| Amounts payable | 17/49 | €231,373 | €248,637 | +€17,264 | +7.5% |
| Amounts payable after more than one year | 17 | €150,394 | €136,498 | -€13,896 | -9.2% |
| Financial debts | 170/4 | €72,894 | €75,498 | +€2,604 | +3.6% |
| Other amounts payable | 178/9 | €77,500 | €61,000 | -€16,500 | -21.3% |
| Amounts payable within one year | 42/48 | €65,997 | €83,373 | +€17,376 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €30,421 | €35,622 | +€5,201 | +17.1% |
| Financial debts | 43 | €12,663 | €7,225 | -€5,438 | -42.9% |
| Credit institutions | 430/8 | €12,663 | €7,225 | -€5,438 | -42.9% |
| Trade debts | 44 | €15,951 | €29,138 | +€13,187 | +82.7% |
| Suppliers | 440/4 | €15,951 | €29,138 | +€13,187 | +82.7% |
| Taxes, remuneration and social security | 45 | €1,616 | €6,882 | +€5,266 | +325.9% |
| Taxes | 450/3 | €1,616 | €5,515 | +€3,899 | +241.3% |
| Remuneration and social security | 454/9 | - | €1,367 | +€1,367 | |
| Other amounts payable | 47/48 | €5,346 | €4,506 | -€840 | -15.7% |
| Accrued charges and deferred income | 492/3 | €14,982 | €28,766 | +€13,784 | +92.0% |
| Turnover | 70 | €537,387 | €652,267 | +€114,880 | +21.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €493,012 | €547,129 | +€54,117 | +11.0% |
| Remuneration, social security and pensions | 62 | - | €8,910 | +€8,910 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,041 | €42,046 | +€5 | 0.0% |
| Other operating charges | 640/8 | €2,420 | €2,358 | -€62 | -2.6% |
| Gross operating margin | 9900 | €115,420 | €145,980 | +€30,560 | +26.5% |
| Operating profit (loss) | 9901 | €70,959 | €92,666 | +€21,707 | +30.6% |
| Financial income | 75/76B | €204 | €924 | +€720 | +352.9% |
| Recurring financial income | 75 | €204 | €924 | +€720 | +352.9% |
| Financial charges | 65/66B | €8,602 | €8,491 | -€111 | -1.3% |
| Recurring financial charges | 65 | €8,602 | €8,491 | -€111 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €62,561 | €85,099 | +€22,538 | +36.0% |
| Income taxes | 67/77 | €34 | €15,538 | +€15,504 | +45600.0% |
| Profit (loss) for the period | 9904 | €62,527 | €69,561 | +€7,034 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €62,527 | €69,561 | +€7,034 | +11.2% |
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 10 October 2026 via checked.be.