ESTATE & TRADING SERVICES: what changed
What changed
ESTATE & TRADING SERVICES
filed annual accounts (NBB)
Net result for the year
-€969
2024 · -€1,661+€692
Equity
€209,049
2024 · €210,018-€969
Cash
€0
2024 · €19-€19
Balance sheet total
€266,441
2024 · €266,460-€19
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin +€539
up €539 (+58.7%), from -€919 to -€380
- Other operating charges -€153
down €153 (-22.0%), from €697 to €544
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€1,661
Gross operating margin
+€539
Other operating charges
+€153
Result 2025
-€969
raises the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€19
Investment
€0
Financing
€0
Cash 2024
€19
From operations (derived)
-€19
Net result for the year
-€969
Trade debts
-€95
Other debts
+€1,045
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €266,460 | €266,441 | -€19 | 0.0% |
| Current assets | 29/58 | €266,460 | €266,441 | -€19 | 0.0% |
| Stocks and contracts in progress | 3 | €266,441 | €266,441 | = | 0.0% |
| Stocks | 30/36 | €266,441 | €266,441 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19 | €0 | -€19 | -98.2% |
| Total equity and liabilities | 10/49 | €266,460 | €266,441 | -€19 | 0.0% |
| Equity | 10/15 | €210,018 | €209,049 | -€969 | -0.5% |
| Contributions | 10/11 | €347,200 | €347,200 | = | 0.0% |
| Contributions outside capital | 11 | €347,200 | €347,200 | = | 0.0% |
| Share premium | 1100/10 | €37,200 | €37,200 | = | 0.0% |
| Other | 1109/19 | €310,000 | €310,000 | = | 0.0% |
| Reserves | 13 | €400 | €400 | = | 0.0% |
| Distributable reserves | 133 | €400 | €400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€137,582 | -€138,551 | -€969 | -0.7% |
| Amounts payable | 17/49 | €56,442 | €57,392 | +€950 | +1.7% |
| Amounts payable within one year | 42/48 | €56,442 | €57,392 | +€950 | +1.7% |
| Trade debts | 44 | €4,129 | €4,035 | -€95 | -2.3% |
| Suppliers | 440/4 | €4,129 | €4,035 | -€95 | -2.3% |
| Other amounts payable | 47/48 | €52,313 | €53,358 | +€1,045 | +2.0% |
| Other operating charges | 640/8 | €697 | €544 | -€153 | -22.0% |
| Gross operating margin | 9900 | -€919 | -€380 | +€539 | +58.7% |
| Operating profit (loss) | 9901 | -€1,616 | -€924 | +€692 | +42.8% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,661 | -€969 | +€692 | +41.7% |
| Profit (loss) for the period | 9904 | -€1,661 | -€969 | +€692 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,661 | -€969 | +€692 | +41.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.