DnA: 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.
DnA
Largest movements
- Tangible fixed assets -€7,365
down €7,365 (-12.7%), from €58,200 to €50,836
of which Land and buildings: -€4,105
- Receivables within one year +€3,795
up €3,795 (+59.6%), from €6,362 to €10,157
of which Trade receivables: +€7,668
- Cash +€822
up €822 (+13.9%), from €5,905 to €6,726
mainly Depreciation (+€7,365) and Net result for the year (+€6,581)
- Other debts -€7,541
no longer reported in 2025 (was €7,541)
- Debts after one year -€4,899
down €4,899 (-18.0%), from €27,243 to €22,344
- Profit (loss) carried forward +€4,365
no longer reported in 2025 (was -€4,365)
- Tax, wage and social debts +€2,746
up €2,746 (+127.8%), from €2,149 to €4,895
of which Taxes: +€2,276
- Reserves +€2,216
up €2,216 (+8.9%), from €24,863 to €27,079
of which Distributable reserves: +€3,140
- Gross operating margin +€13,502
up €13,502 (+188.7%), from €7,153 to €20,655
- Taxes +€3,937
up €3,937 (+1309.3%), from €301 to €4,238
- Depreciation -€834
down €834 (-10.2%), from €8,198 to €7,365
- Other operating charges -€450
down €450 (-38.5%), from €1,169 to €719
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 | €70,467 | €67,719 | -€2,748 | -3.9% |
| Fixed assets | 21/28 | €58,200 | €50,836 | -€7,365 | -12.7% |
| Tangible fixed assets | 22/27 | €58,200 | €50,836 | -€7,365 | -12.7% |
| Land and buildings | 22 | €47,639 | €43,535 | -€4,105 | -8.6% |
| Furniture and vehicles | 24 | €10,561 | €7,301 | -€3,260 | -30.9% |
| Current assets | 29/58 | €12,267 | €16,884 | +€4,616 | +37.6% |
| Amounts receivable within one year | 40/41 | €6,362 | €10,157 | +€3,795 | +59.6% |
| Trade receivables | 40 | €2,415 | €10,083 | +€7,668 | +317.5% |
| Other amounts receivable | 41 | €3,947 | €74 | -€3,873 | -98.1% |
| Cash at bank and in hand | 54/58 | €5,905 | €6,726 | +€822 | +13.9% |
| Total equity and liabilities | 10/49 | €70,467 | €67,719 | -€2,748 | -3.9% |
| Equity | 10/15 | €26,699 | €33,279 | +€6,581 | +24.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,863 | €27,079 | +€2,216 | +8.9% |
| Non-distributable reserves | 130/1 | €1,860 | €936 | -€924 | -49.7% |
| Reserves not available under the articles | 1311 | €1,860 | €936 | -€924 | -49.7% |
| Distributable reserves | 133 | €23,003 | €26,143 | +€3,140 | +13.6% |
| Profit (loss) carried forward | 14 | -€4,365 | - | +€4,365 | |
| Amounts payable | 17/49 | €43,769 | €34,440 | -€9,329 | -21.3% |
| Amounts payable after more than one year | 17 | €27,243 | €22,344 | -€4,899 | -18.0% |
| Financial debts | 170/4 | €27,243 | €22,344 | -€4,899 | -18.0% |
| Amounts payable within one year | 42/48 | €16,526 | €12,096 | -€4,430 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €4,692 | €4,899 | +€207 | +4.4% |
| Trade debts | 44 | €2,144 | €2,303 | +€159 | +7.4% |
| Suppliers | 440/4 | €2,144 | €2,303 | +€159 | +7.4% |
| Taxes, remuneration and social security | 45 | €2,149 | €4,895 | +€2,746 | +127.8% |
| Taxes | 450/3 | - | €2,276 | +€2,276 | |
| Remuneration and social security | 454/9 | €2,149 | €2,619 | +€470 | +21.9% |
| Other amounts payable | 47/48 | €7,541 | - | -€7,541 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,198 | €7,365 | -€834 | -10.2% |
| Other operating charges | 640/8 | €1,169 | €719 | -€450 | -38.5% |
| Gross operating margin | 9900 | €7,153 | €20,655 | +€13,502 | +188.7% |
| Operating profit (loss) | 9901 | -€2,214 | €12,572 | +€14,786 | |
| Financial charges | 65/66B | €1,850 | €1,754 | -€97 | -5.2% |
| Recurring financial charges | 65 | €1,850 | €1,754 | -€97 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,064 | €10,818 | +€14,883 | |
| Income taxes | 67/77 | €301 | €4,238 | +€3,937 | +1309.3% |
| Profit (loss) for the period | 9904 | -€4,365 | €6,581 | +€10,945 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,365 | €6,581 | +€10,945 |
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 8 October 2026 via checked.be.