EVENT CONNECT: 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.
EVENT CONNECT
Largest movements
- Tangible fixed assets -€55,743
down €55,743 (-10.9%), from €512,631 to €456,888
- Receivables after one year +€29,344
up €29,344 (+32.4%), from €90,476 to €119,820
- Cash +€15,524
up €15,524 (+266.8%), from €5,817 to €21,341
mainly Depreciation (+€65,907) and Net result for the year (+€40,020)
- Receivables within one year -€9,470
down €9,470 (-26.5%), from €35,675 to €26,205
of which Trade receivables: -€12,011
- Debts after one year -€49,619
down €49,619 (-12.9%), from €386,072 to €336,453
- Reserves +€40,020
up €40,020 (+46.2%), from €86,554 to €126,574
- Trade debts -€16,517
down €16,517 (-59.2%), from €27,893 to €11,376
- Tax, wage and social debts +€15,043
up €15,043 (+786.5%), from €1,913 to €16,956
- Taxes +€10,512
up €10,512 (+569.0%), from €1,847 to €12,359
- Gross operating margin -€10,309
down €10,309 (-7.2%), from €143,838 to €133,529
- Depreciation +€8,547
up €8,547 (+14.9%), from €57,361 to €65,907
- Other operating charges +€2,871
up €2,871 (+93.4%), from €3,074 to €5,945
- Financial charges +€2,371
up €2,371 (+22.7%), from €10,436 to €12,807
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 | €647,691 | €633,307 | -€14,384 | -2.2% |
| Fixed assets | 21/28 | €512,754 | €456,888 | -€55,867 | -10.9% |
| Intangible fixed assets | 21 | €124 | €0 | -€124 | -100.0% |
| Tangible fixed assets | 22/27 | €512,631 | €456,888 | -€55,743 | -10.9% |
| Land and buildings | 22 | €310,684 | €293,569 | -€17,115 | -5.5% |
| Plant, machinery and equipment | 23 | €10,606 | €10,242 | -€364 | -3.4% |
| Furniture and vehicles | 24 | €38,931 | €26,105 | -€12,826 | -32.9% |
| Leasing and similar rights | 25 | €51,963 | €41,468 | -€10,495 | -20.2% |
| Other tangible fixed assets | 26 | €100,448 | €85,505 | -€14,943 | -14.9% |
| Current assets | 29/58 | €134,936 | €176,419 | +€41,482 | +30.7% |
| Amounts receivable after more than one year | 29 | €90,476 | €119,820 | +€29,344 | +32.4% |
| Other amounts receivable | 291 | €90,476 | €119,820 | +€29,344 | +32.4% |
| Stocks and contracts in progress | 3 | €985 | €1,107 | +€122 | +12.4% |
| Stocks | 30/36 | €985 | €1,107 | +€122 | +12.4% |
| Amounts receivable within one year | 40/41 | €35,675 | €26,205 | -€9,470 | -26.5% |
| Trade receivables | 40 | €35,575 | €23,564 | -€12,011 | -33.8% |
| Other amounts receivable | 41 | €100 | €2,641 | +€2,541 | +2533.5% |
| Cash at bank and in hand | 54/58 | €5,817 | €21,341 | +€15,524 | +266.8% |
| Deferred charges and accrued income | 490/1 | €1,983 | €7,946 | +€5,963 | +300.6% |
| Total equity and liabilities | 10/49 | €647,691 | €633,307 | -€14,384 | -2.2% |
| Equity | 10/15 | €105,154 | €145,174 | +€40,020 | +38.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €86,554 | €126,574 | +€40,020 | +46.2% |
| Distributable reserves | 133 | €86,554 | €126,574 | +€40,020 | +46.2% |
| Amounts payable | 17/49 | €542,537 | €488,133 | -€54,404 | -10.0% |
| Amounts payable after more than one year | 17 | €386,072 | €336,453 | -€49,619 | -12.9% |
| Financial debts | 170/4 | €386,072 | €336,453 | -€49,619 | -12.9% |
| Amounts payable within one year | 42/48 | €152,774 | €145,908 | -€6,866 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €51,695 | €49,619 | -€2,076 | -4.0% |
| Trade debts | 44 | €27,893 | €11,376 | -€16,517 | -59.2% |
| Suppliers | 440/4 | €27,893 | €11,376 | -€16,517 | -59.2% |
| Taxes, remuneration and social security | 45 | €1,913 | €16,956 | +€15,043 | +786.5% |
| Taxes | 450/3 | €1,913 | €16,956 | +€15,043 | +786.5% |
| Other amounts payable | 47/48 | €71,273 | €67,957 | -€3,316 | -4.7% |
| Accrued charges and deferred income | 492/3 | €3,690 | €5,771 | +€2,081 | +56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,361 | €65,907 | +€8,547 | +14.9% |
| Other operating charges | 640/8 | €3,074 | €5,945 | +€2,871 | +93.4% |
| Gross operating margin | 9900 | €143,838 | €133,529 | -€10,309 | -7.2% |
| Operating profit (loss) | 9901 | €83,403 | €61,676 | -€21,727 | -26.1% |
| Financial income | 75/76B | €2,646 | €3,510 | +€864 | +32.6% |
| Recurring financial income | 75 | €2,646 | €3,510 | +€864 | +32.6% |
| Financial charges | 65/66B | €10,436 | €12,807 | +€2,371 | +22.7% |
| Recurring financial charges | 65 | €10,436 | €12,807 | +€2,371 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | €75,613 | €52,379 | -€23,235 | -30.7% |
| Income taxes | 67/77 | €1,847 | €12,359 | +€10,512 | +569.0% |
| Profit (loss) for the period | 9904 | €73,766 | €40,020 | -€33,746 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €73,766 | €40,020 | -€33,746 | -45.7% |
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 6 October 2026 via checked.be.