Door de benen: 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.
Door de benen
Largest movements
- Receivables within one year -€125,612
down €125,612 (-91.6%), from €137,161 to €11,549
of which Other amounts receivable: -€92,003
- Receivables after one year +€106,514
new in 2025: €106,514
- Deferred charges and accrued income +€13,558
up €13,558 (+306%), from €4,425 to €17,984
- Cash +€8,318
up €8,318 (+431%), from €1,929 to €10,247
mainly Receivables within one year (+€125,612) and Tax, wage and social debts (+€13,619)
- Other debts -€24,300
down €24,300 (-100%), from €24,300 to €0
- Tax, wage and social debts +€13,619
up €13,619 (+39.4%), from €34,558 to €48,177
- Debts after one year +€10,679
up €10,679 (+305%), from €3,500 to €14,179
- Trade debts +€1,962
up €1,962 (+11.4%), from €17,237 to €19,199
- Gross operating margin +€2,537
up €2,537 (+53.8%), from €4,714 to €7,251
- Other operating charges +€1,769
up €1,769 (+405%), from €436 to €2,206
- Financial charges +€766
up €766 (+622%), from €123 to €889
- Taxes -€763
down €763 (-18.6%), from €4,101 to €3,338
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 | €143,883 | €146,661 | +€2,777 | +1.9% |
| Fixed assets | 21/28 | €368 | €368 | = | 0.0% |
| Financial fixed assets | 28 | €368 | €368 | = | 0.0% |
| Current assets | 29/58 | €143,516 | €146,293 | +€2,777 | +1.9% |
| Amounts receivable after more than one year | 29 | - | €106,514 | +€106,514 | |
| Other amounts receivable | 291 | - | €106,514 | +€106,514 | |
| Amounts receivable within one year | 40/41 | €137,161 | €11,549 | -€125,612 | -91.6% |
| Trade receivables | 40 | €38,093 | €4,484 | -€33,610 | -88.2% |
| Other amounts receivable | 41 | €99,068 | €7,065 | -€92,003 | -92.9% |
| Cash at bank and in hand | 54/58 | €1,929 | €10,247 | +€8,318 | +431% |
| Deferred charges and accrued income | 490/1 | €4,425 | €17,984 | +€13,558 | +306% |
| Total equity and liabilities | 10/49 | €143,883 | €146,661 | +€2,777 | +1.9% |
| Equity | 10/15 | €64,287 | €65,106 | +€818 | +1.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €61,287 | €62,106 | +€818 | +1.3% |
| Distributable reserves | 133 | €61,287 | €62,106 | +€818 | +1.3% |
| Amounts payable | 17/49 | €79,596 | €81,555 | +€1,959 | +2.5% |
| Amounts payable after more than one year | 17 | €3,500 | €14,179 | +€10,679 | +305% |
| Financial debts | 170/4 | €3,500 | €14,179 | +€10,679 | +305% |
| Amounts payable within one year | 42/48 | €76,096 | €67,376 | -€8,720 | -11.5% |
| Trade debts | 44 | €17,237 | €19,199 | +€1,962 | +11.4% |
| Suppliers | 440/4 | €17,237 | €19,199 | +€1,962 | +11.4% |
| Taxes, remuneration and social security | 45 | €34,558 | €48,177 | +€13,619 | +39.4% |
| Taxes | 450/3 | €34,558 | €48,177 | +€13,619 | +39.4% |
| Other amounts payable | 47/48 | €24,300 | €0 | -€24,300 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €436 | €2,206 | +€1,769 | +405% |
| Gross operating margin | 9900 | €4,714 | €7,251 | +€2,537 | +53.8% |
| Operating profit (loss) | 9901 | €4,277 | €5,045 | +€768 | +18.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €123 | €889 | +€766 | +622% |
| Recurring financial charges | 65 | €123 | €889 | +€766 | +622% |
| Profit (loss) for the period before taxes | 9903 | €4,154 | €4,157 | +€2 | +0.1% |
| Income taxes | 67/77 | €4,101 | €3,338 | -€763 | -18.6% |
| Profit (loss) for the period | 9904 | €53 | €818 | +€765 | +1,435% |
| Profit (loss) for the period to be appropriated | 9905 | €53 | €818 | +€765 | +1,435% |
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 28 October 2026 via checked.be.