FACE TO FACE DATING: 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.
FACE TO FACE DATING
Largest movements
- Tangible fixed assets -€12,422
down €12,422 (-4.1%), from €301,729 to €289,307
- Other debts -€43,857
down €43,857 (-99.8%), from €43,932 to €75
- Debts after one year +€13,843
up €13,843 (+4.6%), from €300,000 to €313,843
- Current portion of long-term debt +€13,690
up €13,690 (+414%), from €3,304 to €16,994
- Profit (loss) carried forward +€3,693
up €3,693 (+5.7%), from -€64,569 to -€60,876
- Gross operating margin -€6,981
down €6,981 (-22.6%), from €30,956 to €23,975
- Financial charges +€6,398
up €6,398 (+1,116%), from €573 to €6,971
- Other operating charges -€1,741
down €1,741 (-66.2%), from €2,630 to €889
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 | €301,944 | €289,314 | -€12,630 | -4.2% |
| Fixed assets | 21/28 | €301,729 | €289,307 | -€12,422 | -4.1% |
| Tangible fixed assets | 22/27 | €301,729 | €289,307 | -€12,422 | -4.1% |
| Land and buildings | 22 | €301,729 | €289,307 | -€12,422 | -4.1% |
| Current assets | 29/58 | €215 | €7 | -€208 | -96.7% |
| Cash at bank and in hand | 54/58 | €215 | €7 | -€208 | -96.7% |
| Total equity and liabilities | 10/49 | €301,944 | €289,314 | -€12,630 | -4.2% |
| Equity | 10/15 | -€45,969 | -€42,276 | +€3,693 | +8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,569 | -€60,876 | +€3,693 | +5.7% |
| Amounts payable | 17/49 | €347,914 | €331,590 | -€16,324 | -4.7% |
| Amounts payable after more than one year | 17 | €300,000 | €313,843 | +€13,843 | +4.6% |
| Financial debts | 170/4 | €300,000 | €313,843 | +€13,843 | +4.6% |
| Amounts payable within one year | 42/48 | €47,914 | €17,747 | -€30,167 | -63.0% |
| Current portion of amounts payable after more than one year | 42 | €3,304 | €16,994 | +€13,690 | +414% |
| Trade debts | 44 | €678 | €678 | = | 0.0% |
| Suppliers | 440/4 | €678 | €678 | = | 0.0% |
| Other amounts payable | 47/48 | €43,932 | €75 | -€43,857 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,422 | €12,422 | = | 0.0% |
| Other operating charges | 640/8 | €2,630 | €889 | -€1,741 | -66.2% |
| Gross operating margin | 9900 | €30,956 | €23,975 | -€6,981 | -22.6% |
| Operating profit (loss) | 9901 | €15,904 | €10,665 | -€5,239 | -32.9% |
| Financial charges | 65/66B | €573 | €6,971 | +€6,398 | +1,116% |
| Recurring financial charges | 65 | €573 | €6,971 | +€6,398 | +1,116% |
| Profit (loss) for the period before taxes | 9903 | €15,331 | €3,693 | -€11,638 | -75.9% |
| Profit (loss) for the period | 9904 | €15,331 | €3,693 | -€11,638 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,331 | €3,693 | -€11,638 | -75.9% |
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 30 October 2026 via checked.be.