Finance in Control: what changed
Two fiscal 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.
Finance in Control
Largest movements
- Receivables within one year +€28,510
up €28,510 (+84.4%), from €33,771 to €62,281
of which Trade receivables: +€25,025
- Cash +€19,739
up €19,739 (+9.0%), from €218,486 to €238,225
mainly Net result for the year (+€85,337) and Tax, wage and social debts (+€3,246)
- Reserves +€85,337
up €85,337 (+41.4%), from €206,254 to €291,591
of which Distributable reserves: +€85,337
- Other debts -€39,151
down €39,151 (-83.6%), from €46,854 to €7,703
- Gross operating margin +€30,608
up €30,608 (+31.9%), from €95,820 to €126,428
- Taxes +€9,343
up €9,343 (+37.7%), from €24,782 to €34,125
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 | €399,247 | €449,864 | +€50,617 | +12.7% |
| Current assets | 29/58 | €399,247 | €449,864 | +€50,617 | +12.7% |
| Amounts receivable after more than one year | 29 | €130,000 | €130,000 | = | 0.0% |
| Other amounts receivable | 291 | €130,000 | €130,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,771 | €62,281 | +€28,510 | +84.4% |
| Trade receivables | 40 | €33,771 | €58,796 | +€25,025 | +74.1% |
| Other amounts receivable | 41 | - | €3,485 | +€3,485 | |
| Cash at bank and in hand | 54/58 | €218,486 | €238,225 | +€19,739 | +9.0% |
| Deferred charges and accrued income | 490/1 | €16,989 | €19,357 | +€2,368 | +13.9% |
| Total equity and liabilities | 10/49 | €399,247 | €449,864 | +€50,617 | +12.7% |
| Equity | 10/15 | €218,654 | €303,991 | +€85,337 | +39.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €206,254 | €291,591 | +€85,337 | +41.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €204,394 | €289,731 | +€85,337 | +41.8% |
| Provisions and deferred taxes | 16 | €116,897 | €117,293 | +€396 | +0.3% |
| Provisions for liabilities and charges | 160/5 | €116,897 | €117,293 | +€396 | +0.3% |
| Other liabilities and charges | 164/5 | €116,897 | €117,293 | +€396 | +0.3% |
| Amounts payable | 17/49 | €63,696 | €28,580 | -€35,116 | -55.1% |
| Amounts payable within one year | 42/48 | €63,696 | €28,580 | -€35,116 | -55.1% |
| Financial debts | 43 | €116 | €141 | +€25 | +21.8% |
| Credit institutions | 430/8 | €116 | €141 | +€25 | +21.8% |
| Trade debts | 44 | €1,167 | €1,930 | +€763 | +65.4% |
| Suppliers | 440/4 | €1,167 | €1,930 | +€763 | +65.4% |
| Taxes, remuneration and social security | 45 | €15,560 | €18,806 | +€3,246 | +20.9% |
| Taxes | 450/3 | €15,560 | €18,806 | +€3,246 | +20.9% |
| Other amounts payable | 47/48 | €46,854 | €7,703 | -€39,151 | -83.6% |
| Other operating charges | 640/8 | €1,106 | €1,140 | +€34 | +3.1% |
| Gross operating margin | 9900 | €95,820 | €126,428 | +€30,608 | +31.9% |
| Operating profit (loss) | 9901 | €94,715 | €125,288 | +€30,573 | +32.3% |
| Financial income | 75/76B | €2,340 | €2,434 | +€94 | +4.0% |
| Recurring financial income | 75 | €2,340 | €2,434 | +€94 | +4.0% |
| Financial charges | 65/66B | €8,575 | €8,260 | -€315 | -3.7% |
| Recurring financial charges | 65 | €8,575 | €8,260 | -€315 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €88,479 | €119,462 | +€30,983 | +35.0% |
| Income taxes | 67/77 | €24,782 | €34,125 | +€9,343 | +37.7% |
| Profit (loss) for the period | 9904 | €63,697 | €85,337 | +€21,640 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €63,697 | €85,337 | +€21,640 | +34.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.