Equilibre & Structure: 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.
Equilibre & Structure
Largest movements
- Tangible fixed assets -€13,952
down €13,952 (-25.0%), from €55,799 to €41,847
of which Furniture and vehicles: -€13,317
- Cash +€1,294
up €1,294 (+11.3%), from €11,416 to €12,710
mainly Depreciation (+€13,952) and Net result for the year (+€3,487)
- Other debts -€11,554
down €11,554 (-39.4%), from €29,310 to €17,756
- Debts after one year -€5,263
down €5,263 (-65.8%), from €8,001 to €2,738
- Profit (loss) carried forward +€3,487
up €3,487 (+22.9%), from €15,212 to €18,699
- Trade debts -€1,233
down €1,233 (-75.7%), from €1,628 to €395
- Accrued charges and deferred income +€814
new in 2025: €814
- Gross operating margin +€9,807
up €9,807 (+84.0%), from €11,678 to €21,485
- Staff costs +€995
up €995 (+62.1%), from €1,602 to €2,597
- Financial charges -€216
down €216 (-24.5%), from €883 to €667
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 | €71,989 | €58,840 | -€13,149 | -18.3% |
| Fixed assets | 21/28 | €56,299 | €42,347 | -€13,952 | -24.8% |
| Tangible fixed assets | 22/27 | €55,799 | €41,847 | -€13,952 | -25.0% |
| Land and buildings | 22 | €12,654 | €12,019 | -€635 | -5.0% |
| Furniture and vehicles | 24 | €43,145 | €29,828 | -€13,317 | -30.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €15,690 | €16,493 | +€803 | +5.1% |
| Stocks and contracts in progress | 3 | €632 | €497 | -€135 | -21.4% |
| Stocks | 30/36 | €632 | €497 | -€135 | -21.4% |
| Amounts receivable within one year | 40/41 | €2,997 | €2,598 | -€399 | -13.3% |
| Trade receivables | 40 | €1,252 | €2,117 | +€865 | +69.1% |
| Other amounts receivable | 41 | €1,745 | €481 | -€1,264 | -72.4% |
| Cash at bank and in hand | 54/58 | €11,416 | €12,710 | +€1,294 | +11.3% |
| Deferred charges and accrued income | 490/1 | €645 | €688 | +€43 | +6.7% |
| Total equity and liabilities | 10/49 | €71,989 | €58,840 | -€13,149 | -18.3% |
| Equity | 10/15 | €27,272 | €30,759 | +€3,487 | +12.8% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,212 | €18,699 | +€3,487 | +22.9% |
| Amounts payable | 17/49 | €44,717 | €28,081 | -€16,636 | -37.2% |
| Amounts payable after more than one year | 17 | €8,001 | €2,738 | -€5,263 | -65.8% |
| Financial debts | 170/4 | €8,001 | €2,738 | -€5,263 | -65.8% |
| Amounts payable within one year | 42/48 | €36,716 | €24,529 | -€12,187 | -33.2% |
| Current portion of amounts payable after more than one year | 42 | €4,991 | €5,727 | +€736 | +14.7% |
| Trade debts | 44 | €1,628 | €395 | -€1,233 | -75.7% |
| Suppliers | 440/4 | €1,628 | €395 | -€1,233 | -75.7% |
| Taxes, remuneration and social security | 45 | €787 | €651 | -€136 | -17.3% |
| Taxes | 450/3 | €787 | €651 | -€136 | -17.3% |
| Other amounts payable | 47/48 | €29,310 | €17,756 | -€11,554 | -39.4% |
| Accrued charges and deferred income | 492/3 | - | €814 | +€814 | |
| Remuneration, social security and pensions | 62 | €1,602 | €2,597 | +€995 | +62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,952 | €13,952 | = | 0.0% |
| Other operating charges | 640/8 | €726 | €803 | +€77 | +10.6% |
| Gross operating margin | 9900 | €11,678 | €21,485 | +€9,807 | +84.0% |
| Operating profit (loss) | 9901 | -€4,602 | €4,133 | +€8,735 | |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €883 | €667 | -€216 | -24.5% |
| Recurring financial charges | 65 | €883 | €667 | -€216 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,485 | €3,487 | +€8,972 | |
| Profit (loss) for the period | 9904 | -€5,485 | €3,487 | +€8,972 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,485 | €3,487 | +€8,972 |
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 29 September 2026 via checked.be.