Façade 9: 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.
Façade 9
Largest movements
- Receivables within one year +€16,668
up €16,668 (+13.2%), from €126,028 to €142,696
of which Other amounts receivable: +€11,824
- Deferred charges and accrued income +€7,063
up €7,063 (+29.5%), from €23,937 to €30,999
- Accrued charges and deferred income +€67,385
up €67,385 (+6,464%), from €1,043 to €68,428
- Other debts -€49,802
down €49,802 (-62.5%), from €79,649 to €29,847
- Debts after one year -€16,994
down €16,994 (-19.0%), from €89,468 to €72,473
- Profit (loss) carried forward +€13,680
up €13,680 (+26.5%), from €51,594 to €65,274
- Tax, wage and social debts +€9,620
up €9,620 (+41.9%), from €22,947 to €32,567
of which Taxes: +€12,758
- Gross operating margin -€86,179
down €86,179 (-50.9%), from €169,334 to €83,156
- Staff costs -€19,721
down €19,721 (-45.6%), from €43,287 to €23,566
- Other operating charges -€10,357
down €10,357 (-80.0%), from €12,944 to €2,587
- Taxes -€10,346
down €10,346 (-47.1%), from €21,951 to €11,605
- Financial charges -€7,320
down €7,320 (-38.4%), from €19,081 to €11,761
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 | €298,413 | €317,199 | +€18,786 | +6.3% |
| Fixed assets | 21/28 | €7,400 | €4,904 | -€2,495 | -33.7% |
| Tangible fixed assets | 22/27 | €7,400 | €4,904 | -€2,495 | -33.7% |
| Furniture and vehicles | 24 | €7,400 | €4,904 | -€2,495 | -33.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €291,013 | €312,295 | +€21,281 | +7.3% |
| Amounts receivable after more than one year | 29 | €138,600 | €138,600 | = | 0.0% |
| Other amounts receivable | 291 | €138,600 | €138,600 | = | 0.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €126,028 | €142,696 | +€16,668 | +13.2% |
| Trade receivables | 40 | €13,831 | €18,675 | +€4,844 | +35.0% |
| Other amounts receivable | 41 | €112,197 | €124,021 | +€11,824 | +10.5% |
| Cash at bank and in hand | 54/58 | €2,449 | €0 | -€2,449 | -100% |
| Deferred charges and accrued income | 490/1 | €23,937 | €30,999 | +€7,063 | +29.5% |
| Total equity and liabilities | 10/49 | €298,413 | €317,199 | +€18,786 | +6.3% |
| Equity | 10/15 | €70,194 | €83,874 | +€13,680 | +19.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,594 | €65,274 | +€13,680 | +26.5% |
| Amounts payable | 17/49 | €228,219 | €233,325 | +€5,106 | +2.2% |
| Amounts payable after more than one year | 17 | €89,468 | €72,473 | -€16,994 | -19.0% |
| Financial debts | 170/4 | €89,468 | €72,473 | -€16,994 | -19.0% |
| Amounts payable within one year | 42/48 | €137,709 | €92,424 | -€45,285 | -32.9% |
| Current portion of amounts payable after more than one year | 42 | €15,802 | €16,994 | +€1,193 | +7.5% |
| Financial debts | 43 | €2,250 | €884 | -€1,367 | -60.7% |
| Credit institutions | 430/8 | €2,250 | €884 | -€1,367 | -60.7% |
| Trade debts | 44 | €11,160 | €6,232 | -€4,929 | -44.2% |
| Suppliers | 440/4 | €11,160 | €6,232 | -€4,929 | -44.2% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €5,900 | €5,900 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €22,947 | €32,567 | +€9,620 | +41.9% |
| Taxes | 450/3 | €18,241 | €30,999 | +€12,758 | +69.9% |
| Remuneration and social security | 454/9 | €4,706 | €1,569 | -€3,138 | -66.7% |
| Other amounts payable | 47/48 | €79,649 | €29,847 | -€49,802 | -62.5% |
| Accrued charges and deferred income | 492/3 | €1,043 | €68,428 | +€67,385 | +6,464% |
| Remuneration, social security and pensions | 62 | €43,287 | €23,566 | -€19,721 | -45.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,533 | €2,495 | -€38 | -1.5% |
| Other operating charges | 640/8 | €12,944 | €2,587 | -€10,357 | -80.0% |
| Non-recurring operating charges | 66A | - | €23,367 | +€23,367 | |
| Gross operating margin | 9900 | €169,334 | €83,156 | -€86,179 | -50.9% |
| Operating profit (loss) | 9901 | €110,570 | €31,141 | -€79,430 | -71.8% |
| Financial income | 75/76B | €6,032 | €5,905 | -€127 | -2.1% |
| Recurring financial income | 75 | €6,032 | €5,905 | -€127 | -2.1% |
| Financial charges | 65/66B | €19,081 | €11,761 | -€7,320 | -38.4% |
| Recurring financial charges | 65 | €19,081 | €11,761 | -€7,320 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | €97,522 | €25,285 | -€72,237 | -74.1% |
| Income taxes | 67/77 | €21,951 | €11,605 | -€10,346 | -47.1% |
| Profit (loss) for the period | 9904 | €75,571 | €13,680 | -€61,891 | -81.9% |
| Profit (loss) for the period to be appropriated | 9905 | €75,571 | €13,680 | -€61,891 | -81.9% |
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 20 October 2026 via checked.be.