FINANCIAL REQUEST: 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.
What changed
FINANCIAL REQUEST
NACE 66.191, Agents and brokers in banking services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€29,851
2024 · €190,559-€160,708
Equity
€788,375
2024 · €858,524-€70,149
Cash
€295,118
2024 · €14,911+€280,207
Balance sheet total
€1.7m
2024 · €2.0m-€348,091
Largest movements
Assets
- Current investments -€302,923
down €302,923 (-100%), from €302,923 to €0
- Intangible fixed assets -€284,260
down €284,260 (-25.4%), from €1.1m to €834,117
- Cash +€280,207
up €280,207 (+1,879%), from €14,911 to €295,118
mainly Current investments (+€302,923) and Depreciation (+€201,652)
- Deferred charges and accrued income -€30,784
down €30,784 (-32.6%), from €94,305 to €63,521
Equity and liabilities
- Debts after one year -€376,122
down €376,122 (-45.0%), from €835,625 to €459,503
- Current portion of long-term debt +€154,180
up €154,180 (+69.5%), from €221,942 to €376,122
- Profit (loss) carried forward -€70,149
down €70,149 (-10.3%), from €678,073 to €607,924
- Provisions -€57,761
down €57,761 (-100%), from €57,761 to €0
Income statement
- Gross operating margin -€176,876
down €176,876 (-23.6%), from €748,956 to €572,079
- Staff costs +€69,650
up €69,650 (+32.7%), from €213,281 to €282,931
- Taxes -€65,949
down €65,949 (-67.2%), from €98,200 to €32,251
- Depreciation -€11,364
down €11,364 (-5.3%), from €213,016 to €201,652
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.
Result 2024
€190,559
Gross operating margin
-€176,876
Staff costs
-€69,650
Depreciation
+€11,364
Other operating charges
+€2,386
Other operating items
+€9,583
Financial income
-€3,606
Financial charges
+€142
Taxes
+€65,949
Result 2025
€29,851
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€201,233
Investment
+€401,213
Financing
-€322,238
Cash 2024
€14,911
From operations (derived)
+€201,233
Net result for the year
+€29,851
Depreciation
+€201,652
Receivables within one year
-€5,350
Deferred charges and accrued income
+€30,784
Provisions
-€57,761
Trade debts
-€7,871
Tax, wage and social debts
+€9,194
Accrued charges and deferred income
+€734
Investment (derived)
+€401,213
Investment in fixed assets (net)
+€98,290
Current investments
+€302,923
Financing
-€322,238
Debts after one year
-€376,122
Current portion of long-term debt
+€154,180
Short-term financial debts
-€296
Contributions, distributions and other
-€100,000
Cash 2025
€295,118
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,049,817 | €1,701,726 | -€348,091 | -17.0% |
| Fixed assets | 21/28 | €1,596,730 | €1,296,789 | -€299,942 | -18.8% |
| Intangible fixed assets | 21 | €1,118,377 | €834,117 | -€284,260 | -25.4% |
| Tangible fixed assets | 22/27 | €477,440 | €461,758 | -€15,681 | -3.3% |
| Land and buildings | 22 | €368,576 | €355,608 | -€12,968 | -3.5% |
| Plant, machinery and equipment | 23 | €1,725 | €21,182 | +€19,457 | +1,128% |
| Furniture and vehicles | 24 | €24,040 | €15,079 | -€8,960 | -37.3% |
| Other tangible fixed assets | 26 | €83,100 | €69,889 | -€13,210 | -15.9% |
| Financial fixed assets | 28 | €914 | €914 | = | 0.0% |
| Current assets | 29/58 | €453,087 | €404,937 | -€48,150 | -10.6% |
| Amounts receivable within one year | 40/41 | €40,948 | €46,298 | +€5,350 | +13.1% |
| Trade receivables | 40 | €7,950 | €7,950 | = | 0.0% |
| Other amounts receivable | 41 | €32,998 | €38,348 | +€5,350 | +16.2% |
| Current investments | 50/53 | €302,923 | €0 | -€302,923 | -100% |
| Cash at bank and in hand | 54/58 | €14,911 | €295,118 | +€280,207 | +1,879% |
| Deferred charges and accrued income | 490/1 | €94,305 | €63,521 | -€30,784 | -32.6% |
| Total equity and liabilities | 10/49 | €2,049,817 | €1,701,726 | -€348,091 | -17.0% |
| Equity | 10/15 | €858,524 | €788,375 | -€70,149 | -8.2% |
| Contributions | 10/11 | €178,592 | €178,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €678,073 | €607,924 | -€70,149 | -10.3% |
| Provisions and deferred taxes | 16 | €57,761 | €0 | -€57,761 | -100% |
| Provisions for liabilities and charges | 160/5 | €57,761 | €0 | -€57,761 | -100% |
| Other liabilities and charges | 164/5 | €57,761 | €0 | -€57,761 | -100% |
| Amounts payable | 17/49 | €1,133,532 | €913,351 | -€220,182 | -19.4% |
| Amounts payable after more than one year | 17 | €835,625 | €459,503 | -€376,122 | -45.0% |
| Financial debts | 170/4 | €835,625 | €459,503 | -€376,122 | -45.0% |
| Amounts payable within one year | 42/48 | €297,697 | €452,904 | +€155,207 | +52.1% |
| Current portion of amounts payable after more than one year | 42 | €221,942 | €376,122 | +€154,180 | +69.5% |
| Financial debts | 43 | €584 | €288 | -€296 | -50.7% |
| Other loans | 439 | €584 | €288 | -€296 | -50.7% |
| Trade debts | 44 | €33,603 | €25,732 | -€7,871 | -23.4% |
| Suppliers | 440/4 | €33,603 | €25,732 | -€7,871 | -23.4% |
| Taxes, remuneration and social security | 45 | €41,568 | €50,762 | +€9,194 | +22.1% |
| Taxes | 450/3 | €20,185 | €20,185 | = | 0.0% |
| Remuneration and social security | 454/9 | €21,383 | €30,577 | +€9,194 | +43.0% |
| Accrued charges and deferred income | 492/3 | €210 | €944 | +€734 | +349% |
| Non-recurring operating income | 76A | €120,666 | €57,761 | -€62,905 | -52.1% |
| Remuneration, social security and pensions | 62 | €213,281 | €282,931 | +€69,650 | +32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €213,016 | €201,652 | -€11,364 | -5.3% |
| Other operating charges | 640/8 | €6,974 | €4,588 | -€2,386 | -34.2% |
| Non-recurring operating charges | 66A | €9,583 | €0 | -€9,583 | -100% |
| Gross operating margin | 9900 | €748,956 | €572,079 | -€176,876 | -23.6% |
| Operating profit (loss) | 9901 | €306,102 | €82,908 | -€223,194 | -72.9% |
| Financial income | 75/76B | €5,398 | €1,793 | -€3,606 | -66.8% |
| Recurring financial income | 75 | €5,398 | €1,793 | -€3,606 | -66.8% |
| Financial charges | 65/66B | €22,741 | €22,599 | -€142 | -0.6% |
| Recurring financial charges | 65 | €22,741 | €22,599 | -€142 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €288,759 | €62,102 | -€226,657 | -78.5% |
| Income taxes | 67/77 | €98,200 | €32,251 | -€65,949 | -67.2% |
| Profit (loss) for the period | 9904 | €190,559 | €29,851 | -€160,708 | -84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €190,559 | €29,851 | -€160,708 | -84.3% |
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 16 October 2026 via checked.be.