Districts: 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.
Districts
Largest movements
- Receivables within one year -€257,173
down €257,173 (-56.1%), from €458,404 to €201,231
of which Trade receivables: -€252,335
- Cash +€87,324
up €87,324 (+157.5%), from €55,458 to €142,782
mainly Receivables within one year (+€257,173) and Trade debts (+€143,943)
- Debts after one year -€265,899
down €265,899 (-15.1%), from €1.8m to €1.5m
- Trade debts +€143,943
up €143,943 (+48.7%), from €295,666 to €439,609
- Profit (loss) carried forward -€52,535
down €52,535 (-59.5%), from -€88,242 to -€140,777
- Financial charges +€1,976
up €1,976 (+2.8%), from €71,031 to €73,007
- Other operating charges -€1,250
down €1,250 (-67.8%), from €1,845 to €595
- Gross operating margin -€853
down €853 (-3.9%), from €21,917 to €21,064
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 | €5,113,862 | €4,944,016 | -€169,846 | -3.3% |
| Fixed assets | 21/28 | €4,600,000 | €4,600,003 | +€3 | 0.0% |
| Financial fixed assets | 28 | €4,600,000 | €4,600,003 | +€3 | 0.0% |
| Current assets | 29/58 | €513,862 | €344,013 | -€169,849 | -33.1% |
| Amounts receivable within one year | 40/41 | €458,404 | €201,231 | -€257,173 | -56.1% |
| Trade receivables | 40 | €453,566 | €201,231 | -€252,335 | -55.6% |
| Other amounts receivable | 41 | €4,838 | €0 | -€4,838 | -100.0% |
| Cash at bank and in hand | 54/58 | €55,458 | €142,782 | +€87,324 | +157.5% |
| Total equity and liabilities | 10/49 | €5,113,862 | €4,944,016 | -€169,846 | -3.3% |
| Equity | 10/15 | €2,731,758 | €2,679,223 | -€52,535 | -1.9% |
| Contributions | 10/11 | €2,820,000 | €2,820,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,242 | -€140,777 | -€52,535 | -59.5% |
| Amounts payable | 17/49 | €2,382,104 | €2,264,793 | -€117,311 | -4.9% |
| Amounts payable after more than one year | 17 | €1,764,365 | €1,498,466 | -€265,899 | -15.1% |
| Financial debts | 170/4 | €1,764,365 | €1,498,466 | -€265,899 | -15.1% |
| Amounts payable within one year | 42/48 | €551,301 | €708,491 | +€157,190 | +28.5% |
| Current portion of amounts payable after more than one year | 42 | €255,635 | €265,899 | +€10,264 | +4.0% |
| Trade debts | 44 | €295,666 | €439,609 | +€143,943 | +48.7% |
| Suppliers | 440/4 | €295,666 | €439,609 | +€143,943 | +48.7% |
| Taxes, remuneration and social security | 45 | €0 | €2,983 | +€2,983 | |
| Taxes | 450/3 | €0 | €2,983 | +€2,983 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €66,438 | €57,836 | -€8,602 | -12.9% |
| Other operating charges | 640/8 | €1,845 | €595 | -€1,250 | -67.8% |
| Gross operating margin | 9900 | €21,917 | €21,064 | -€853 | -3.9% |
| Operating profit (loss) | 9901 | €20,072 | €20,469 | +€397 | +2.0% |
| Financial income | 75/76B | €0 | €3 | +€3 | +14900.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +14900.0% |
| Financial charges | 65/66B | €71,031 | €73,007 | +€1,976 | +2.8% |
| Recurring financial charges | 65 | €71,031 | €73,007 | +€1,976 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | -€50,959 | -€52,535 | -€1,576 | -3.1% |
| Profit (loss) for the period | 9904 | -€50,959 | -€52,535 | -€1,576 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,959 | -€52,535 | -€1,576 | -3.1% |
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 2 October 2026 via checked.be.