Every Way: 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.
Every Way
Largest movements
- Tangible fixed assets +€1,653
up €1,653 (+10.4%), from €15,837 to €17,490
of which Assets under construction and advance payments: +€3,146
- Deferred charges and accrued income -€955
down €955 (-17.6%), from €5,418 to €4,464
- Cash -€770
down €770 (-8.2%), from €9,441 to €8,671
mainly Other debts (-€20,209) and Investment in fixed assets (net) (-€4,690)
- Other debts -€20,209
down €20,209 (-90.6%), from €22,302 to €2,093
- Reserves +€19,038
up €19,038 (+4182.6%), from €455 to €19,493
- Tax, wage and social debts +€703
up €703 (+74.9%), from €939 to €1,642
- Gross operating margin +€7,415
up €7,415 (+33.8%), from €21,935 to €29,350
- Taxes +€4,313
up €4,313 (+299.2%), from €1,442 to €5,755
- Other operating charges +€778
up €778 (+249.2%), from €312 to €1,090
- Financial charges +€394
up €394 (+498.7%), from €79 to €473
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 | €32,540 | €32,366 | -€174 | -0.5% |
| Fixed assets | 21/28 | €15,857 | €17,510 | +€1,653 | +10.4% |
| Tangible fixed assets | 22/27 | €15,837 | €17,490 | +€1,653 | +10.4% |
| Plant, machinery and equipment | 23 | €1,363 | €756 | -€607 | -44.6% |
| Furniture and vehicles | 24 | €246 | €1,328 | +€1,082 | +439.3% |
| Other tangible fixed assets | 26 | €14,228 | €12,260 | -€1,967 | -13.8% |
| Assets under construction and advance payments | 27 | - | €3,146 | +€3,146 | |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €16,683 | €14,856 | -€1,827 | -11.0% |
| Amounts receivable within one year | 40/41 | €1,574 | €1,471 | -€103 | -6.5% |
| Trade receivables | 40 | €1,574 | €1,471 | -€103 | -6.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,441 | €8,671 | -€770 | -8.2% |
| Deferred charges and accrued income | 490/1 | €5,418 | €4,464 | -€955 | -17.6% |
| Total equity and liabilities | 10/49 | €32,540 | €32,366 | -€174 | -0.5% |
| Equity | 10/15 | €7,955 | €26,993 | +€19,038 | +239.3% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €455 | €19,493 | +€19,038 | +4182.6% |
| Distributable reserves | 133 | €455 | €19,493 | +€19,038 | +4182.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €24,585 | €5,374 | -€19,211 | -78.1% |
| Amounts payable within one year | 42/48 | €24,573 | €5,374 | -€19,200 | -78.1% |
| Trade debts | 44 | €1,332 | €1,638 | +€306 | +22.9% |
| Suppliers | 440/4 | €1,332 | €1,638 | +€306 | +22.9% |
| Taxes, remuneration and social security | 45 | €939 | €1,642 | +€703 | +74.9% |
| Taxes | 450/3 | €939 | €1,642 | +€703 | +74.9% |
| Other amounts payable | 47/48 | €22,302 | €2,093 | -€20,209 | -90.6% |
| Accrued charges and deferred income | 492/3 | €11 | €0 | -€11 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,779 | €3,037 | +€258 | +9.3% |
| Other operating charges | 640/8 | €312 | €1,090 | +€778 | +249.2% |
| Gross operating margin | 9900 | €21,935 | €29,350 | +€7,415 | +33.8% |
| Operating profit (loss) | 9901 | €18,845 | €25,224 | +€6,379 | +33.9% |
| Financial income | 75/76B | €0 | €42 | +€42 | +207700.0% |
| Recurring financial income | 75 | €0 | €42 | +€42 | +207700.0% |
| Financial charges | 65/66B | €79 | €473 | +€394 | +498.7% |
| Recurring financial charges | 65 | €79 | €473 | +€394 | +498.7% |
| Profit (loss) for the period before taxes | 9903 | €18,766 | €24,792 | +€6,027 | +32.1% |
| Income taxes | 67/77 | €1,442 | €5,755 | +€4,313 | +299.2% |
| Profit (loss) for the period | 9904 | €17,324 | €19,038 | +€1,714 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,324 | €19,038 | +€1,714 | +9.9% |
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 12 October 2026 via checked.be.