EYES UP: 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.
EYES UP
Largest movements
- Deferred charges and accrued income +€137,873
up €137,873 (+56,845%), from €243 to €138,115
- Cash +€104,478
up €104,478 (+165%), from €63,425 to €167,904
mainly Accrued charges and deferred income (+€282,730) and Tax, wage and social debts (+€35,915)
- Tangible fixed assets -€32,548
down €32,548 (-4.6%), from €701,649 to €669,101
- Accrued charges and deferred income +€282,730
up €282,730 (+1,672%), from €16,905 to €299,635
- Debts after one year -€102,104
down €102,104 (-24.7%), from €414,207 to €312,103
- Tax, wage and social debts +€35,915
up €35,915 (+195%), from €18,371 to €54,285
- Trade debts -€21,531
down €21,531 (-10.4%), from €207,073 to €185,542
- Depreciation +€5,691
up €5,691 (+21.2%), from €26,857 to €32,548
- Financial charges +€5,402
up €5,402 (+40.4%), from €13,361 to €18,763
- Taxes -€2,576
down €2,576 (-60.7%), from €4,242 to €1,666
- Other operating charges +€630
up €630 (+43.5%), from €1,450 to €2,080
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.
Derived cash bridge
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 | €996,058 | €1,197,196 | +€201,137 | +20.2% |
| Fixed assets | 21/28 | €701,649 | €669,101 | -€32,548 | -4.6% |
| Tangible fixed assets | 22/27 | €701,649 | €669,101 | -€32,548 | -4.6% |
| Land and buildings | 22 | €615,528 | €599,613 | -€15,915 | -2.6% |
| Plant, machinery and equipment | 23 | €34,088 | €25,106 | -€8,982 | -26.3% |
| Furniture and vehicles | 24 | €52,033 | €44,383 | -€7,651 | -14.7% |
| Current assets | 29/58 | €294,409 | €528,094 | +€233,685 | +79.4% |
| Amounts receivable within one year | 40/41 | €230,741 | €222,075 | -€8,666 | -3.8% |
| Trade receivables | 40 | €224,991 | €206,554 | -€18,437 | -8.2% |
| Other amounts receivable | 41 | €5,750 | €15,521 | +€9,771 | +170% |
| Cash at bank and in hand | 54/58 | €63,425 | €167,904 | +€104,478 | +165% |
| Deferred charges and accrued income | 490/1 | €243 | €138,115 | +€137,873 | +56,845% |
| Total equity and liabilities | 10/49 | €996,058 | €1,197,196 | +€201,137 | +20.2% |
| Equity | 10/15 | €238,467 | €240,026 | +€1,559 | +0.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €232,267 | €233,826 | +€1,559 | +0.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €230,407 | €231,966 | +€1,559 | +0.7% |
| Amounts payable | 17/49 | €757,592 | €957,170 | +€199,578 | +26.3% |
| Amounts payable after more than one year | 17 | €414,207 | €312,103 | -€102,104 | -24.7% |
| Financial debts | 170/4 | €414,207 | €312,103 | -€102,104 | -24.7% |
| Amounts payable within one year | 42/48 | €326,479 | €345,432 | +€18,952 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €98,370 | €104,970 | +€6,601 | +6.7% |
| Trade debts | 44 | €207,073 | €185,542 | -€21,531 | -10.4% |
| Suppliers | 440/4 | €207,073 | €185,542 | -€21,531 | -10.4% |
| Taxes, remuneration and social security | 45 | €18,371 | €54,285 | +€35,915 | +195% |
| Taxes | 450/3 | €18,371 | €54,285 | +€35,915 | +195% |
| Other amounts payable | 47/48 | €2,666 | €634 | -€2,032 | -76.2% |
| Accrued charges and deferred income | 492/3 | €16,905 | €299,635 | +€282,730 | +1,672% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,857 | €32,548 | +€5,691 | +21.2% |
| Other operating charges | 640/8 | €1,450 | €2,080 | +€630 | +43.5% |
| Gross operating margin | 9900 | €56,324 | €56,298 | -€26 | 0.0% |
| Operating profit (loss) | 9901 | €28,018 | €21,670 | -€6,348 | -22.7% |
| Financial income | 75/76B | €192 | €317 | +€125 | +64.8% |
| Recurring financial income | 75 | €192 | €317 | +€125 | +64.8% |
| Financial charges | 65/66B | €13,361 | €18,763 | +€5,402 | +40.4% |
| Recurring financial charges | 65 | €13,361 | €18,763 | +€5,402 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | €14,849 | €3,224 | -€11,625 | -78.3% |
| Income taxes | 67/77 | €4,242 | €1,666 | -€2,576 | -60.7% |
| Profit (loss) for the period | 9904 | €10,607 | €1,559 | -€9,049 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,607 | €1,559 | -€9,049 | -85.3% |
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 30 October 2026 via checked.be.