EL TIPO: 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.
EL TIPO
Largest movements
- Cash +€14,231
up €14,231 (+35.4%), from €40,246 to €54,477
mainly Net result for the year (+€8,435) and Depreciation (+€7,268)
- Tangible fixed assets -€7,268
down €7,268 (-25.0%), from €29,017 to €21,749
of which Furniture and vehicles: -€3,965
- Receivables within one year -€1,949
down €1,949 (-43.9%), from €4,438 to €2,489
of which Trade receivables: -€1,478
- Reserves +€7,245
up €7,245 (+46.1%), from €15,725 to €22,970
of which Distributable reserves: +€7,245
- Other debts -€3,042
down €3,042 (-11.2%), from €27,099 to €24,057
- Trade debts +€2,916
up €2,916 (+70.6%), from €4,130 to €7,046
- Accrued charges and deferred income -€2,140
no longer reported in 2025 (was €2,140)
- Gross operating margin +€1,410
up €1,410 (+2.4%), from €58,123 to €59,533
- Staff costs +€1,111
up €1,111 (+3.3%), from €33,686 to €34,797
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 | €76,547 | €81,748 | +€5,201 | +6.8% |
| Fixed assets | 21/28 | €29,017 | €21,749 | -€7,268 | -25.0% |
| Tangible fixed assets | 22/27 | €29,017 | €21,749 | -€7,268 | -25.0% |
| Land and buildings | 22 | €12,085 | €9,572 | -€2,513 | -20.8% |
| Plant, machinery and equipment | 23 | €2,590 | €1,800 | -€790 | -30.5% |
| Furniture and vehicles | 24 | €14,342 | €10,377 | -€3,965 | -27.6% |
| Current assets | 29/58 | €47,530 | €59,999 | +€12,469 | +26.2% |
| Stocks and contracts in progress | 3 | €2,445 | €2,445 | = | 0.0% |
| Stocks | 30/36 | €2,445 | €2,445 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,438 | €2,489 | -€1,949 | -43.9% |
| Trade receivables | 40 | €2,433 | €955 | -€1,478 | -60.7% |
| Other amounts receivable | 41 | €2,005 | €1,534 | -€471 | -23.5% |
| Cash at bank and in hand | 54/58 | €40,246 | €54,477 | +€14,231 | +35.4% |
| Deferred charges and accrued income | 490/1 | €401 | €588 | +€187 | +46.6% |
| Total equity and liabilities | 10/49 | €76,547 | €81,748 | +€5,201 | +6.8% |
| Equity | 10/15 | €34,317 | €41,562 | +€7,245 | +21.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €15,725 | €22,970 | +€7,245 | +46.1% |
| Tax-exempt reserves | 132 | €1,500 | €1,500 | = | 0.0% |
| Distributable reserves | 133 | €14,225 | €21,470 | +€7,245 | +50.9% |
| Amounts payable | 17/49 | €42,230 | €40,186 | -€2,044 | -4.8% |
| Amounts payable within one year | 42/48 | €40,090 | €40,186 | +€96 | +0.2% |
| Financial debts | 43 | €1,055 | €1,231 | +€176 | +16.7% |
| Credit institutions | 430/8 | €1,055 | €1,231 | +€176 | +16.7% |
| Trade debts | 44 | €4,130 | €7,046 | +€2,916 | +70.6% |
| Suppliers | 440/4 | €4,130 | €7,046 | +€2,916 | +70.6% |
| Taxes, remuneration and social security | 45 | €7,806 | €7,852 | +€46 | +0.6% |
| Taxes | 450/3 | €373 | €147 | -€226 | -60.6% |
| Remuneration and social security | 454/9 | €7,433 | €7,705 | +€272 | +3.7% |
| Other amounts payable | 47/48 | €27,099 | €24,057 | -€3,042 | -11.2% |
| Accrued charges and deferred income | 492/3 | €2,140 | - | -€2,140 | |
| Remuneration, social security and pensions | 62 | €33,686 | €34,797 | +€1,111 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,268 | €7,268 | = | 0.0% |
| Other operating charges | 640/8 | €1,086 | €1,112 | +€26 | +2.4% |
| Gross operating margin | 9900 | €58,123 | €59,533 | +€1,410 | +2.4% |
| Operating profit (loss) | 9901 | €16,083 | €16,356 | +€273 | +1.7% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €2,196 | €1,772 | -€424 | -19.3% |
| Recurring financial charges | 65 | €2,196 | €1,772 | -€424 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €13,891 | €14,584 | +€693 | +5.0% |
| Income taxes | 67/77 | €5,571 | €6,149 | +€578 | +10.4% |
| Profit (loss) for the period | 9904 | €8,320 | €8,435 | +€115 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,320 | €8,435 | +€115 | +1.4% |
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 24 October 2026 via checked.be.