Fieldside: 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.
Fieldside
Largest movements
- Deferred charges and accrued income +€204,769
up €204,769 (+369.9%), from €55,362 to €260,131
- Receivables within one year -€65,491
down €65,491 (-12.8%), from €513,243 to €447,752
of which Trade receivables: -€65,641
- Reserves +€476,000
up €476,000 (+25.8%), from €1.8m to €2.3m
of which Distributable reserves: +€476,000
- Other debts -€394,994
down €394,994 (-15.1%), from €2.6m to €2.2m
- Trade debts +€244,494
up €244,494 (+105.6%), from €231,455 to €475,949
- Current portion of long-term debt -€166,634
no longer reported in 2025 (was €166,634)
- Tax, wage and social debts -€83,745
down €83,745 (-37.1%), from €225,824 to €142,079
of which Taxes: -€52,802
- Staff costs -€146,386
down €146,386 (-13.5%), from €1.1m to €934,668
- Turnover -€82,714
down €82,714 (-4.9%), from €1.7m to €1.6m
- Gross operating margin -€76,819
down €76,819 (-7.2%), from €1.1m to €995,351
- Financial income +€45,708
up €45,708 (+8.2%), from €554,385 to €600,093
of which Financial income: +€46,935
- Financial charges -€23,973
down €23,973 (-14.8%), from €162,203 to €138,231
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 | €5,155,251 | €5,263,780 | +€108,529 | +2.1% |
| Fixed assets | 21/28 | €4,575,972 | €4,544,997 | -€30,975 | -0.7% |
| Tangible fixed assets | 22/27 | €68,622 | €37,247 | -€31,375 | -45.7% |
| Plant, machinery and equipment | 23 | €31,864 | €18,659 | -€13,204 | -41.4% |
| Furniture and vehicles | 24 | €29,202 | €15,910 | -€13,292 | -45.5% |
| Other tangible fixed assets | 26 | €7,556 | €2,677 | -€4,878 | -64.6% |
| Financial fixed assets | 28 | €4,507,350 | €4,507,750 | +€400 | 0.0% |
| Current assets | 29/58 | €579,279 | €718,784 | +€139,504 | +24.1% |
| Amounts receivable within one year | 40/41 | €513,243 | €447,752 | -€65,491 | -12.8% |
| Trade receivables | 40 | €509,727 | €444,086 | -€65,641 | -12.9% |
| Other amounts receivable | 41 | €3,516 | €3,666 | +€150 | +4.3% |
| Cash at bank and in hand | 54/58 | €10,675 | €10,901 | +€226 | +2.1% |
| Deferred charges and accrued income | 490/1 | €55,362 | €260,131 | +€204,769 | +369.9% |
| Total equity and liabilities | 10/49 | €5,155,251 | €5,263,780 | +€108,529 | +2.1% |
| Equity | 10/15 | €1,908,464 | €2,384,953 | +€476,489 | +25.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,846,200 | €2,322,200 | +€476,000 | +25.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,840,000 | €2,316,000 | +€476,000 | +25.9% |
| Profit (loss) carried forward | 14 | €264 | €753 | +€489 | +185.1% |
| Provisions and deferred taxes | 16 | - | €1,708 | +€1,708 | |
| Provisions for liabilities and charges | 160/5 | - | €1,708 | +€1,708 | |
| Pensions and similar obligations | 160 | - | €1,708 | +€1,708 | |
| Amounts payable | 17/49 | €3,246,787 | €2,877,119 | -€369,668 | -11.4% |
| Amounts payable within one year | 42/48 | €3,246,787 | €2,845,907 | -€400,880 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €166,634 | - | -€166,634 | |
| Trade debts | 44 | €231,455 | €475,949 | +€244,494 | +105.6% |
| Suppliers | 440/4 | €231,455 | €475,949 | +€244,494 | +105.6% |
| Taxes, remuneration and social security | 45 | €225,824 | €142,079 | -€83,745 | -37.1% |
| Taxes | 450/3 | €79,757 | €26,955 | -€52,802 | -66.2% |
| Remuneration and social security | 454/9 | €146,067 | €115,124 | -€30,943 | -21.2% |
| Other amounts payable | 47/48 | €2,622,873 | €2,227,879 | -€394,994 | -15.1% |
| Accrued charges and deferred income | 492/3 | - | €31,212 | +€31,212 | |
| Turnover | 70 | €1,677,826 | €1,595,112 | -€82,714 | -4.9% |
| Non-recurring operating income | 76A | €50 | - | -€50 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,237,559 | €1,221,374 | -€16,185 | -1.3% |
| Remuneration, social security and pensions | 62 | €1,081,054 | €934,668 | -€146,386 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,224 | €34,667 | -€3,557 | -9.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,708 | +€1,708 | |
| Other operating charges | 640/8 | €8,752 | €6,753 | -€1,999 | -22.8% |
| Non-recurring operating charges | 66A | - | €428 | +€428 | |
| Gross operating margin | 9900 | €1,072,170 | €995,351 | -€76,819 | -7.2% |
| Operating profit (loss) | 9901 | -€55,860 | €17,126 | +€72,986 | |
| Financial income | 75/76B | €554,385 | €600,093 | +€45,708 | +8.2% |
| Recurring financial income | 75 | €553,159 | €600,093 | +€46,935 | +8.5% |
| Non-recurring financial income | 76B | €1,226 | - | -€1,226 | |
| Financial charges | 65/66B | €162,203 | €138,231 | -€23,973 | -14.8% |
| Recurring financial charges | 65 | €162,203 | €138,231 | -€23,973 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €336,322 | €478,989 | +€142,667 | +42.4% |
| Income taxes | 67/77 | €3,100 | €2,500 | -€600 | -19.4% |
| Profit (loss) for the period | 9904 | €333,222 | €476,489 | +€143,267 | +43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €333,222 | €476,489 | +€143,267 | +43.0% |
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 10 October 2026 via checked.be.