DIERENASIEL GANZEWEIDE: 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.
DIERENASIEL GANZEWEIDE
Largest movements
- Tangible fixed assets +€243,639
up €243,639 (+8.6%), from €2.8m to €3.1m
of which Land and buildings: +€249,941
- Current investments +€145,000
up €145,000 (+24.0%), from €603,738 to €748,738
- Cash -€98,651
down €98,651 (-23.8%), from €414,843 to €316,193
mainly Investment in fixed assets (net) (-€372,875) and Current investments (-€145,000)
- Contributions +€283,882
up €283,882 (+10.7%), from €2.7m to €2.9m
- Gross operating margin +€424,558
up €424,558 (+175%), from €243,097 to €667,655
- Financial charges +€32,625
up €32,625 (+1,484%), from €2,199 to €34,824
of which Non-recurring financial charges: +€33,819
- Financial income -€21,460
down €21,460 (-53.5%), from €40,112 to €18,652
- Staff costs -€6,794
down €6,794 (-3.0%), from €224,169 to €217,374
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 | €4,207,760 | €4,493,684 | +€285,924 | +6.8% |
| Fixed assets | 21/28 | €2,906,485 | €3,151,083 | +€244,599 | +8.4% |
| Intangible fixed assets | 21 | - | €960 | +€960 | |
| Tangible fixed assets | 22/27 | €2,843,263 | €3,086,902 | +€243,639 | +8.6% |
| Land and buildings | 22 | €2,728,732 | €2,978,674 | +€249,941 | +9.2% |
| Furniture and vehicles | 24 | €114,530 | €108,228 | -€6,302 | -5.5% |
| Financial fixed assets | 28 | €63,222 | €63,222 | = | 0.0% |
| Current assets | 29/58 | €1,301,275 | €1,342,600 | +€41,325 | +3.2% |
| Amounts receivable after more than one year | 29 | €250,000 | €260,000 | +€10,000 | +4.0% |
| Other amounts receivable | 291 | €250,000 | €260,000 | +€10,000 | +4.0% |
| Stocks and contracts in progress | 3 | €16,380 | €15,161 | -€1,218 | -7.4% |
| Stocks | 30/36 | €16,380 | €15,161 | -€1,218 | -7.4% |
| Amounts receivable within one year | 40/41 | €10,857 | €2,509 | -€8,348 | -76.9% |
| Trade receivables | 40 | €9,215 | €2,509 | -€6,707 | -72.8% |
| Other amounts receivable | 41 | €1,642 | - | -€1,642 | |
| Current investments | 50/53 | €603,738 | €748,738 | +€145,000 | +24.0% |
| Cash at bank and in hand | 54/58 | €414,843 | €316,193 | -€98,651 | -23.8% |
| Deferred charges and accrued income | 490/1 | €5,457 | - | -€5,457 | |
| Total equity and liabilities | 10/49 | €4,207,760 | €4,493,684 | +€285,924 | +6.8% |
| Equity | 10/15 | €4,160,139 | €4,444,021 | +€283,882 | +6.8% |
| Contributions | 10/11 | €2,652,389 | €2,936,271 | +€283,882 | +10.7% |
| Capital | 10 | €2,652,389 | €2,936,271 | +€283,882 | +10.7% |
| Reserves | 13 | €1,507,750 | €1,507,750 | = | 0.0% |
| Amounts payable | 17/49 | €47,621 | €49,663 | +€2,042 | +4.3% |
| Amounts payable within one year | 42/48 | €47,621 | €49,663 | +€2,042 | +4.3% |
| Trade debts | 44 | €31,398 | €25,880 | -€5,518 | -17.6% |
| Suppliers | 440/4 | €31,398 | €25,880 | -€5,518 | -17.6% |
| Taxes, remuneration and social security | 45 | €16,037 | €23,783 | +€7,746 | +48.3% |
| Taxes | 450/3 | - | €3,971 | +€3,971 | |
| Remuneration and social security | 454/9 | €16,037 | €19,812 | +€3,775 | +23.5% |
| Non-recurring operating income | 76A | €116,213 | €572,100 | +€455,887 | +392% |
| Remuneration, social security and pensions | 62 | €224,169 | €217,374 | -€6,794 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131,191 | €128,276 | -€2,914 | -2.2% |
| Other operating charges | 640/8 | €16,514 | €15,949 | -€566 | -3.4% |
| Gross operating margin | 9900 | €243,097 | €667,655 | +€424,558 | +175% |
| Operating profit (loss) | 9901 | -€128,777 | €306,056 | +€434,833 | |
| Financial income | 75/76B | €40,112 | €18,652 | -€21,460 | -53.5% |
| Recurring financial income | 75 | €40,112 | €18,652 | -€21,460 | -53.5% |
| Financial charges | 65/66B | €2,199 | €34,824 | +€32,625 | +1,484% |
| Recurring financial charges | 65 | €2,199 | €1,005 | -€1,194 | -54.3% |
| Non-recurring financial charges | 66B | - | €33,819 | +€33,819 | |
| Profit (loss) for the period before taxes | 9903 | -€90,863 | €289,884 | +€380,747 | |
| Income taxes | 67/77 | - | €6,002 | +€6,002 | |
| Profit (loss) for the period | 9904 | -€90,863 | €283,882 | +€374,745 | |
| Profit (loss) for the period to be appropriated | 9905 | -€90,863 | €283,882 | +€374,745 |
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 19 October 2026 via checked.be.