FACADE: 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.
FACADE
Largest movements
- Cash +€40,118
up €40,118 (+25.9%), from €154,709 to €194,826
mainly Net result for the year (+€131,501) and Trade debts (+€25,266)
- Receivables within one year -€14,610
down €14,610 (-63.2%), from €23,128 to €8,518
of which Other amounts receivable: -€14,526
- Deferred charges and accrued income -€3,750
down €3,750 (-100.0%), from €3,750 to €0
- Trade debts +€25,266
up €25,266 (+125.6%), from €20,121 to €45,387
- Other debts -€9,329
down €9,329 (-6.6%), from €140,859 to €131,529
- Tax, wage and social debts +€4,106
up €4,106 (+51.3%), from €8,008 to €12,114
- Financial charges +€25,624
up €25,624 (+107.5%), from €23,828 to €49,451
- Gross operating margin +€10,735
up €10,735 (+5.0%), from €214,787 to €225,522
- Taxes -€5,958
down €5,958 (-12.0%), from €49,793 to €43,835
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 | €181,586 | €203,344 | +€21,758 | +12.0% |
| Current assets | 29/58 | €181,586 | €203,344 | +€21,758 | +12.0% |
| Amounts receivable within one year | 40/41 | €23,128 | €8,518 | -€14,610 | -63.2% |
| Trade receivables | 40 | €84 | €0 | -€84 | -100.0% |
| Other amounts receivable | 41 | €23,044 | €8,518 | -€14,526 | -63.0% |
| Cash at bank and in hand | 54/58 | €154,709 | €194,826 | +€40,118 | +25.9% |
| Deferred charges and accrued income | 490/1 | €3,750 | €0 | -€3,750 | -100.0% |
| Total equity and liabilities | 10/49 | €181,586 | €203,344 | +€21,758 | +12.0% |
| Equity | 10/15 | €11,568 | €11,568 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,568 | €1,568 | = | 0.0% |
| Amounts payable | 17/49 | €170,018 | €191,776 | +€21,758 | +12.8% |
| Amounts payable within one year | 42/48 | €170,018 | €191,776 | +€21,758 | +12.8% |
| Financial debts | 43 | €1,030 | €2,746 | +€1,716 | +166.5% |
| Credit institutions | 430/8 | €1,030 | €2,746 | +€1,716 | +166.5% |
| Trade debts | 44 | €20,121 | €45,387 | +€25,266 | +125.6% |
| Suppliers | 440/4 | €20,121 | €45,387 | +€25,266 | +125.6% |
| Taxes, remuneration and social security | 45 | €8,008 | €12,114 | +€4,106 | +51.3% |
| Taxes | 450/3 | €8,008 | €12,114 | +€4,106 | +51.3% |
| Other amounts payable | 47/48 | €140,859 | €131,529 | -€9,329 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €505 | €735 | +€229 | +45.4% |
| Gross operating margin | 9900 | €214,787 | €225,522 | +€10,735 | +5.0% |
| Operating profit (loss) | 9901 | €214,281 | €224,787 | +€10,506 | +4.9% |
| Financial income | 75/76B | €174 | €0 | -€174 | -100.0% |
| Recurring financial income | 75 | €174 | €0 | -€174 | -100.0% |
| Financial charges | 65/66B | €23,828 | €49,451 | +€25,624 | +107.5% |
| Recurring financial charges | 65 | €23,828 | €49,451 | +€25,624 | +107.5% |
| Profit (loss) for the period before taxes | 9903 | €190,627 | €175,336 | -€15,291 | -8.0% |
| Income taxes | 67/77 | €49,793 | €43,835 | -€5,958 | -12.0% |
| Profit (loss) for the period | 9904 | €140,834 | €131,501 | -€9,333 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €140,834 | €131,501 | -€9,333 | -6.6% |
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.