FINFACTS: 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.
FINFACTS
Largest movements
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Cash +€38,419
up €38,419 (+40.3%), from €95,395 to €133,814
mainly Net result for the year (+€145,170) and Depreciation (+€61,889)
- Receivables within one year -€20,114
down €20,114 (-8.8%), from €228,511 to €208,397
of which Trade receivables: -€19,805
- Tangible fixed assets +€19,048
up €19,048 (+11.9%), from €160,418 to €179,466
of which Furniture and vehicles: +€34,743
- Deferred charges and accrued income +€8,882
up €8,882 (+29.1%), from €30,545 to €39,428
- Other debts -€33,209
down €33,209 (-13.7%), from €242,692 to €209,483
- Accrued charges and deferred income -€21,816
down €21,816 (-87.2%), from €25,008 to €3,192
- Debts after one year +€19,167
up €19,167 (+46.9%), from €40,833 to €60,000
- Current portion of long-term debt +€15,833
up €15,833 (+63.3%), from €25,000 to €40,833
- Trade debts +€13,552
up €13,552 (+21.1%), from €64,143 to €77,695
- Staff costs +€72,036
up €72,036 (+13.8%), from €520,875 to €592,911
- Gross operating margin -€23,645
down €23,645 (-2.8%), from €842,774 to €819,129
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 | €564,869 | €561,105 | -€3,764 | -0.7% |
| Fixed assets | 21/28 | €160,418 | €179,466 | +€19,048 | +11.9% |
| Tangible fixed assets | 22/27 | €160,418 | €179,466 | +€19,048 | +11.9% |
| Plant, machinery and equipment | 23 | €8,976 | €3,980 | -€4,997 | -55.7% |
| Furniture and vehicles | 24 | €126,032 | €160,775 | +€34,743 | +27.6% |
| Other tangible fixed assets | 26 | €25,410 | €14,711 | -€10,699 | -42.1% |
| Current assets | 29/58 | €404,451 | €381,639 | -€22,812 | -5.6% |
| Amounts receivable within one year | 40/41 | €228,511 | €208,397 | -€20,114 | -8.8% |
| Trade receivables | 40 | €228,091 | €208,286 | -€19,805 | -8.7% |
| Other amounts receivable | 41 | €420 | €112 | -€309 | -73.4% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €95,395 | €133,814 | +€38,419 | +40.3% |
| Deferred charges and accrued income | 490/1 | €30,545 | €39,428 | +€8,882 | +29.1% |
| Total equity and liabilities | 10/49 | €564,869 | €561,105 | -€3,764 | -0.7% |
| Equity | 10/15 | €45,544 | €46,066 | +€523 | +1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €39,344 | €39,866 | +€523 | +1.3% |
| Distributable reserves | 133 | €39,344 | €39,866 | +€523 | +1.3% |
| Amounts payable | 17/49 | €519,326 | €515,039 | -€4,287 | -0.8% |
| Amounts payable after more than one year | 17 | €40,833 | €60,000 | +€19,167 | +46.9% |
| Financial debts | 170/4 | €40,833 | €60,000 | +€19,167 | +46.9% |
| Amounts payable within one year | 42/48 | €453,484 | €451,847 | -€1,638 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €40,833 | +€15,833 | +63.3% |
| Trade debts | 44 | €64,143 | €77,695 | +€13,552 | +21.1% |
| Suppliers | 440/4 | €64,143 | €77,695 | +€13,552 | +21.1% |
| Taxes, remuneration and social security | 45 | €121,649 | €123,836 | +€2,186 | +1.8% |
| Taxes | 450/3 | €59,515 | €49,317 | -€10,198 | -17.1% |
| Remuneration and social security | 454/9 | €62,134 | €74,518 | +€12,384 | +19.9% |
| Other amounts payable | 47/48 | €242,692 | €209,483 | -€33,209 | -13.7% |
| Accrued charges and deferred income | 492/3 | €25,008 | €3,192 | -€21,816 | -87.2% |
| Non-recurring operating income | 76A | €4,525 | €4,525 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €520,875 | €592,911 | +€72,036 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,671 | €61,889 | +€3,217 | +5.5% |
| Other operating charges | 640/8 | €5,931 | €4,721 | -€1,210 | -20.4% |
| Gross operating margin | 9900 | €842,774 | €819,129 | -€23,645 | -2.8% |
| Operating profit (loss) | 9901 | €257,296 | €159,609 | -€97,688 | -38.0% |
| Financial income | 75/76B | €2,049 | €3,070 | +€1,021 | +49.8% |
| Recurring financial income | 75 | €2,049 | €3,070 | +€1,021 | +49.8% |
| Financial charges | 65/66B | €4,452 | €6,716 | +€2,264 | +50.8% |
| Recurring financial charges | 65 | €4,452 | €6,716 | +€2,264 | +50.8% |
| Profit (loss) for the period before taxes | 9903 | €254,893 | €155,962 | -€98,931 | -38.8% |
| Income taxes | 67/77 | €11,108 | €10,792 | -€315 | -2.8% |
| Profit (loss) for the period | 9904 | €243,786 | €145,170 | -€98,616 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €243,786 | €145,170 | -€98,616 | -40.5% |
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 13 October 2026 via checked.be.