e-We consult: 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.
e-We consult
Largest movements
- Tangible fixed assets +€161,962
up €161,962 (+1639.7%), from €9,878 to €171,839
of which Land and buildings: +€164,952
- Cash -€129,210
down €129,210 (-43.1%), from €299,741 to €170,531
mainly Contributions, distributions and other (-€239,878) and Investment in fixed assets (net) (-€169,406)
- Other debts +€169,946
up €169,946 (+4008.2%), from €4,240 to €174,186
- Reserves -€162,178
down €162,178 (-60.0%), from €270,204 to €108,025
of which Distributable reserves: -€162,178
- Tax, wage and social debts +€19,646
up €19,646 (+150.0%), from €13,095 to €32,741
of which Taxes: +€19,646
- Taxes -€10,196
down €10,196 (-32.1%), from €31,728 to €21,532
- Gross operating margin -€3,064
down €3,064 (-2.7%), from €113,243 to €110,179
- Depreciation +€3,021
up €3,021 (+68.3%), from €4,424 to €7,444
- Staff costs -€2,414
no longer reported in 2025 (was €2,414)
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 | €337,998 | €367,286 | +€29,288 | +8.7% |
| Fixed assets | 21/28 | €9,878 | €171,839 | +€161,962 | +1639.7% |
| Tangible fixed assets | 22/27 | €9,878 | €171,839 | +€161,962 | +1639.7% |
| Land and buildings | 22 | - | €164,952 | +€164,952 | |
| Furniture and vehicles | 24 | €620 | €94 | -€526 | -84.8% |
| Other tangible fixed assets | 26 | €9,258 | €6,793 | -€2,465 | -26.6% |
| Current assets | 29/58 | €328,121 | €195,447 | -€132,674 | -40.4% |
| Amounts receivable within one year | 40/41 | €25,854 | €22,282 | -€3,572 | -13.8% |
| Trade receivables | 40 | €19,593 | €16,814 | -€2,779 | -14.2% |
| Other amounts receivable | 41 | €6,261 | €5,468 | -€793 | -12.7% |
| Cash at bank and in hand | 54/58 | €299,741 | €170,531 | -€129,210 | -43.1% |
| Deferred charges and accrued income | 490/1 | €2,525 | €2,634 | +€109 | +4.3% |
| Total equity and liabilities | 10/49 | €337,998 | €367,286 | +€29,288 | +8.7% |
| Equity | 10/15 | €317,309 | €155,175 | -€162,135 | -51.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €270,204 | €108,025 | -€162,178 | -60.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €268,344 | €106,165 | -€162,178 | -60.4% |
| Profit (loss) carried forward | 14 | €40,906 | €40,949 | +€44 | +0.1% |
| Amounts payable | 17/49 | €20,689 | €212,112 | +€191,423 | +925.2% |
| Amounts payable after more than one year | 17 | - | €1,400 | +€1,400 | |
| Other amounts payable | 178/9 | - | €1,400 | +€1,400 | |
| Amounts payable within one year | 42/48 | €20,689 | €210,712 | +€190,023 | +918.5% |
| Trade debts | 44 | €3,354 | €3,784 | +€431 | +12.8% |
| Suppliers | 440/4 | €3,354 | €3,784 | +€431 | +12.8% |
| Taxes, remuneration and social security | 45 | €13,095 | €32,741 | +€19,646 | +150.0% |
| Taxes | 450/3 | €11,195 | €30,841 | +€19,646 | +175.5% |
| Remuneration and social security | 454/9 | €1,900 | €1,900 | = | 0.0% |
| Other amounts payable | 47/48 | €4,240 | €174,186 | +€169,946 | +4008.2% |
| Non-recurring operating income | 76A | - | €344 | +€344 | |
| Remuneration, social security and pensions | 62 | €2,414 | - | -€2,414 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,424 | €7,444 | +€3,021 | +68.3% |
| Other operating charges | 640/8 | €1,487 | €1,583 | +€97 | +6.5% |
| Gross operating margin | 9900 | €113,243 | €110,179 | -€3,064 | -2.7% |
| Operating profit (loss) | 9901 | €104,919 | €101,152 | -€3,768 | -3.6% |
| Financial income | 75/76B | €449 | €10 | -€439 | -97.8% |
| Recurring financial income | 75 | €449 | €10 | -€439 | -97.8% |
| Financial charges | 65/66B | €1,992 | €1,886 | -€106 | -5.3% |
| Recurring financial charges | 65 | €1,992 | €1,886 | -€106 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €103,376 | €99,275 | -€4,101 | -4.0% |
| Income taxes | 67/77 | €31,728 | €21,532 | -€10,196 | -32.1% |
| Profit (loss) for the period | 9904 | €71,649 | €77,744 | +€6,095 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €71,649 | €77,744 | +€6,095 | +8.5% |
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 10 October 2026 via checked.be.