DOUBLE DUTY: 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.
DOUBLE DUTY
Largest movements
- Cash +€16,935
up €16,935 (+196.7%), from €8,608 to €25,543
mainly Depreciation (+€10,736) and Net result for the year (+€9,226)
- Tangible fixed assets -€10,736
down €10,736 (-7.0%), from €152,758 to €142,022
of which Land and buildings: -€10,306
- Profit (loss) carried forward +€9,226
up €9,226 (+19.2%), from €48,068 to €57,293
- Gross operating margin +€17,719
up €17,719 (+76.3%), from €23,225 to €40,944
- Taxes +€3,873
up €3,873 (+1151.6%), from €336 to €4,210
- Financial income -€2,175
down €2,175 (-95.6%), from €2,275 to €99
- Financial charges +€691
up €691 (+1741.7%), from €40 to €731
of which Non-recurring financial charges: +€731
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 | €342,188 | €348,967 | +€6,779 | +2.0% |
| Fixed assets | 21/28 | €152,882 | €142,146 | -€10,736 | -7.0% |
| Tangible fixed assets | 22/27 | €152,758 | €142,022 | -€10,736 | -7.0% |
| Land and buildings | 22 | €148,886 | €138,580 | -€10,306 | -6.9% |
| Plant, machinery and equipment | 23 | €1,618 | €1,438 | -€180 | -11.1% |
| Furniture and vehicles | 24 | €2,253 | €2,003 | -€250 | -11.1% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €189,306 | €206,822 | +€17,515 | +9.3% |
| Amounts receivable within one year | 40/41 | €1,239 | €1,820 | +€581 | +46.9% |
| Other amounts receivable | 41 | €1,239 | €1,820 | +€581 | +46.9% |
| Current investments | 50/53 | €179,459 | €179,459 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,608 | €25,543 | +€16,935 | +196.7% |
| Total equity and liabilities | 10/49 | €342,188 | €348,967 | +€6,779 | +2.0% |
| Equity | 10/15 | €158,068 | €167,293 | +€9,226 | +5.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,068 | €57,293 | +€9,226 | +19.2% |
| Amounts payable | 17/49 | €184,120 | €181,674 | -€2,446 | -1.3% |
| Amounts payable within one year | 42/48 | €184,120 | €181,674 | -€2,446 | -1.3% |
| Trade debts | 44 | €1,010 | €121 | -€889 | -88.0% |
| Suppliers | 440/4 | €1,010 | €121 | -€889 | -88.0% |
| Taxes, remuneration and social security | 45 | €768 | €752 | -€16 | -2.1% |
| Taxes | 450/3 | €768 | €752 | -€16 | -2.1% |
| Other amounts payable | 47/48 | €182,343 | €180,801 | -€1,542 | -0.8% |
| Remuneration, social security and pensions | 62 | €13,548 | €13,520 | -€28 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,736 | €10,736 | = | 0.0% |
| Other operating charges | 640/8 | €2,541 | €2,621 | +€80 | +3.1% |
| Gross operating margin | 9900 | €23,225 | €40,944 | +€17,719 | +76.3% |
| Operating profit (loss) | 9901 | -€3,600 | €14,067 | +€17,667 | |
| Financial income | 75/76B | €2,275 | €99 | -€2,175 | -95.6% |
| Recurring financial income | 75 | €2,275 | €99 | -€2,175 | -95.6% |
| Financial charges | 65/66B | €40 | €731 | +€691 | +1741.7% |
| Recurring financial charges | 65 | €40 | €731 | +€691 | +1741.7% |
| Non-recurring financial charges | 66B | - | €731 | +€731 | |
| Profit (loss) for the period before taxes | 9903 | -€1,365 | €13,435 | +€14,801 | |
| Income taxes | 67/77 | €336 | €4,210 | +€3,873 | +1151.6% |
| Profit (loss) for the period | 9904 | -€1,702 | €9,226 | +€10,927 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,702 | €9,226 | +€10,927 |
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 7 October 2026 via checked.be.