FACTS & FIGURES: 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.
FACTS & FIGURES
Largest movements
- Cash +€24,726
up €24,726 (+9.0%), from €275,276 to €300,002
mainly Net result for the year (+€67,629) and Depreciation (+€4,310)
- Reserves +€24,452
up €24,452 (+8.5%), from €288,356 to €312,808
- Gross operating margin +€12,915
up €12,915 (+13.9%), from €92,597 to €105,511
- Taxes +€2,680
up €2,680 (+10.4%), from €25,707 to €28,387
- Depreciation +€2,022
up €2,022 (+88.3%), from €2,288 to €4,310
- Other operating charges +€1,179
up €1,179 (+65.6%), from €1,797 to €2,976
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 | €318,402 | €340,021 | +€21,619 | +6.8% |
| Fixed assets | 21/28 | €10,724 | €8,505 | -€2,218 | -20.7% |
| Tangible fixed assets | 22/27 | €10,724 | €8,505 | -€2,218 | -20.7% |
| Furniture and vehicles | 24 | €10,724 | €8,505 | -€2,218 | -20.7% |
| Current assets | 29/58 | €307,678 | €331,516 | +€23,838 | +7.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €28,300 | €27,837 | -€463 | -1.6% |
| Trade receivables | 40 | €18,903 | €19,133 | +€230 | +1.2% |
| Other amounts receivable | 41 | €9,397 | €8,704 | -€693 | -7.4% |
| Cash at bank and in hand | 54/58 | €275,276 | €300,002 | +€24,726 | +9.0% |
| Deferred charges and accrued income | 490/1 | €4,102 | €3,676 | -€425 | -10.4% |
| Total equity and liabilities | 10/49 | €318,402 | €340,021 | +€21,619 | +6.8% |
| Equity | 10/15 | €294,556 | €319,008 | +€24,452 | +8.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €288,356 | €312,808 | +€24,452 | +8.5% |
| Distributable reserves | 133 | €288,356 | €312,808 | +€24,452 | +8.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €23,845 | €21,013 | -€2,833 | -11.9% |
| Amounts payable within one year | 42/48 | €23,845 | €21,013 | -€2,833 | -11.9% |
| Trade debts | 44 | €1,640 | €1,267 | -€373 | -22.8% |
| Suppliers | 440/4 | €1,640 | €1,267 | -€373 | -22.8% |
| Taxes, remuneration and social security | 45 | €21,178 | €19,746 | -€1,432 | -6.8% |
| Taxes | 450/3 | €21,178 | €19,746 | -€1,432 | -6.8% |
| Other amounts payable | 47/48 | €1,027 | €0 | -€1,027 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,288 | €4,310 | +€2,022 | +88.3% |
| Other operating charges | 640/8 | €1,797 | €2,976 | +€1,179 | +65.6% |
| Gross operating margin | 9900 | €92,597 | €105,511 | +€12,915 | +13.9% |
| Operating profit (loss) | 9901 | €88,511 | €98,226 | +€9,715 | +11.0% |
| Financial income | 75/76B | €1,048 | €1,880 | +€832 | +79.4% |
| Recurring financial income | 75 | €1,048 | €1,880 | +€832 | +79.4% |
| Financial charges | 65/66B | €4,897 | €4,090 | -€807 | -16.5% |
| Recurring financial charges | 65 | €4,897 | €4,090 | -€807 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €84,662 | €96,016 | +€11,354 | +13.4% |
| Income taxes | 67/77 | €25,707 | €28,387 | +€2,680 | +10.4% |
| Profit (loss) for the period | 9904 | €58,955 | €67,629 | +€8,674 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €58,955 | €67,629 | +€8,674 | +14.7% |
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 22 October 2026 via checked.be.