Experiences: 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.
Experiences
Largest movements
- Cash +€41,003
up €41,003 (+446.2%), from €9,188 to €50,191
mainly Net result for the year (+€33,735) and Depreciation (+€15,039)
- Tangible fixed assets -€13,539
down €13,539 (-5.4%), from €250,009 to €236,471
of which Land and buildings: -€12,652
- Current investments +€9,000
up €9,000 (+10.0%), from €90,000 to €99,000
- Profit (loss) carried forward +€33,735
up €33,735 (+20.1%), from €167,535 to €201,271
- Gross operating margin +€7,118
up €7,118 (+11.0%), from €64,831 to €71,949
- Taxes +€2,249
up €2,249 (+24.8%), from €9,058 to €11,307
- Financial charges -€1,351
down €1,351 (-11.9%), from €11,386 to €10,035
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 | €371,614 | €405,037 | +€33,423 | +9.0% |
| Fixed assets | 21/28 | €250,211 | €236,672 | -€13,539 | -5.4% |
| Tangible fixed assets | 22/27 | €250,009 | €236,471 | -€13,539 | -5.4% |
| Land and buildings | 22 | €243,253 | €230,601 | -€12,652 | -5.2% |
| Plant, machinery and equipment | 23 | €6,214 | €4,452 | -€1,762 | -28.4% |
| Furniture and vehicles | 24 | €542 | €1,417 | +€876 | +161.6% |
| Financial fixed assets | 28 | €201 | €201 | = | 0.0% |
| Current assets | 29/58 | €121,404 | €168,365 | +€46,961 | +38.7% |
| Amounts receivable within one year | 40/41 | €22,215 | €18,919 | -€3,296 | -14.8% |
| Trade receivables | 40 | €14,950 | €17,284 | +€2,334 | +15.6% |
| Other amounts receivable | 41 | €7,265 | €1,635 | -€5,630 | -77.5% |
| Current investments | 50/53 | €90,000 | €99,000 | +€9,000 | +10.0% |
| Cash at bank and in hand | 54/58 | €9,188 | €50,191 | +€41,003 | +446.2% |
| Deferred charges and accrued income | 490/1 | - | €255 | +€255 | |
| Total equity and liabilities | 10/49 | €371,614 | €405,037 | +€33,423 | +9.0% |
| Equity | 10/15 | €212,495 | €246,231 | +€33,735 | +15.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | - | -€20,460 | |
| Share premium | 1100/10 | €20,460 | - | -€20,460 | |
| Reserves | 13 | €24,500 | €24,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,500 | €24,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,535 | €201,271 | +€33,735 | +20.1% |
| Amounts payable | 17/49 | €159,119 | €158,806 | -€313 | -0.2% |
| Amounts payable within one year | 42/48 | €159,119 | €158,806 | -€313 | -0.2% |
| Trade debts | 44 | €1,056 | €1,852 | +€796 | +75.4% |
| Suppliers | 440/4 | €1,056 | €1,852 | +€796 | +75.4% |
| Taxes, remuneration and social security | 45 | €3,915 | €3,635 | -€280 | -7.2% |
| Taxes | 450/3 | €3,915 | €3,635 | -€280 | -7.2% |
| Other amounts payable | 47/48 | €154,147 | €153,318 | -€829 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,224 | €15,039 | -€185 | -1.2% |
| Other operating charges | 640/8 | €2,503 | €2,581 | +€78 | +3.1% |
| Gross operating margin | 9900 | €64,831 | €71,949 | +€7,118 | +11.0% |
| Operating profit (loss) | 9901 | €47,105 | €54,329 | +€7,224 | +15.3% |
| Financial income | 75/76B | €404 | €749 | +€345 | +85.5% |
| Recurring financial income | 75 | €404 | €749 | +€345 | +85.5% |
| Financial charges | 65/66B | €11,386 | €10,035 | -€1,351 | -11.9% |
| Recurring financial charges | 65 | €11,386 | €10,035 | -€1,351 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €36,122 | €45,042 | +€8,920 | +24.7% |
| Income taxes | 67/77 | €9,058 | €11,307 | +€2,249 | +24.8% |
| Profit (loss) for the period | 9904 | €27,064 | €33,735 | +€6,671 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,064 | €33,735 | +€6,671 | +24.7% |
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 9 October 2026 via checked.be.