Formaat: 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.
Formaat
Largest movements
- Cash +€53,153
up €53,153 (+5.9%), from €896,170 to €949,323
mainly Debts within one year (+€154,492) and Depreciation (+€49,715)
- Receivables within one year +€52,584
up €52,584 (+17.7%), from €297,356 to €349,940
of which Other amounts receivable: +€53,864
- Tangible fixed assets -€37,201
down €37,201 (-5.3%), from €703,780 to €666,579
of which Land and buildings: -€35,507
- Deferred charges and accrued income -€22,781
down €22,781 (-23.7%), from €96,059 to €73,278
- Debts within one year +€154,492
up €154,492 (+27.7%), from €558,606 to €713,098
of which Tax, wage and social debts: +€89,992
- Reserves -€48,832
down €48,832 (-5.8%), from €835,836 to €787,004
- Accrued charges and deferred income -€34,740
down €34,740 (-33.9%), from €102,512 to €67,772
- Staff costs +€112,292
up €112,292 (+3.5%), from €3.2m to €3.3m
- Purchases and services -€80,716
down €80,716 (-12.7%), from €636,343 to €555,627
- Other operating charges +€79,365
up €79,365 (+344%), from €23,071 to €102,436
- Gross operating margin +€68,097
up €68,097 (+2.0%), from €3.4m to €3.4m
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 | €2,001,464 | €2,045,649 | +€44,185 | +2.2% |
| Fixed assets | 21/28 | €711,879 | €673,108 | -€38,771 | -5.4% |
| Intangible fixed assets | 21 | €570 | €0 | -€570 | -100% |
| Tangible fixed assets | 22/27 | €703,780 | €666,579 | -€37,201 | -5.3% |
| Land and buildings | 22 | €676,338 | €640,831 | -€35,507 | -5.2% |
| Plant, machinery and equipment | 23 | €25,817 | €24,714 | -€1,103 | -4.3% |
| Furniture and vehicles | 24 | €1,625 | €1,034 | -€591 | -36.4% |
| Financial fixed assets | 28 | €7,529 | €6,529 | -€1,000 | -13.3% |
| Current assets | 29/58 | €1,289,585 | €1,372,541 | +€82,956 | +6.4% |
| Amounts receivable within one year | 40/41 | €297,356 | €349,940 | +€52,584 | +17.7% |
| Trade receivables | 40 | €45,273 | €43,993 | -€1,280 | -2.8% |
| Other amounts receivable | 41 | €252,083 | €305,947 | +€53,864 | +21.4% |
| Cash at bank and in hand | 54/58 | €896,170 | €949,323 | +€53,153 | +5.9% |
| Deferred charges and accrued income | 490/1 | €96,059 | €73,278 | -€22,781 | -23.7% |
| Total equity and liabilities | 10/49 | €2,001,464 | €2,045,649 | +€44,185 | +2.2% |
| Equity | 10/15 | €1,280,847 | €1,212,629 | -€68,218 | -5.3% |
| Contributions | 10/11 | €84,933 | €84,933 | = | 0.0% |
| Capital | 10 | €84,933 | €84,933 | = | 0.0% |
| Reserves | 13 | €835,836 | €787,004 | -€48,832 | -5.8% |
| Profit (loss) carried forward | 14 | €316,578 | €299,192 | -€17,386 | -5.5% |
| Investment grants | 15 | €43,500 | €41,500 | -€2,000 | -4.6% |
| Provisions and deferred taxes | 16 | - | €2,651 | +€2,651 | |
| Provisions for liabilities and charges | 160/5 | - | €2,651 | +€2,651 | |
| Other liabilities and charges | 164/5 | - | €2,651 | +€2,651 | |
| Amounts payable | 17/49 | €720,617 | €830,369 | +€109,752 | +15.2% |
| Amounts payable after more than one year | 17 | €59,499 | €49,499 | -€10,000 | -16.8% |
| Financial debts | 170/4 | €59,499 | €49,499 | -€10,000 | -16.8% |
| Amounts payable within one year | 42/48 | €558,606 | €713,098 | +€154,492 | +27.7% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €40,787 | €35,257 | -€5,530 | -13.6% |
| Suppliers | 440/4 | €40,787 | €35,257 | -€5,530 | -13.6% |
| Taxes, remuneration and social security | 45 | €507,819 | €597,811 | +€89,992 | +17.7% |
| Taxes | 450/3 | €76,236 | €127,106 | +€50,870 | +66.7% |
| Remuneration and social security | 454/9 | €431,583 | €470,705 | +€39,122 | +9.1% |
| Accrued charges and deferred income | 492/3 | €102,512 | €67,772 | -€34,740 | -33.9% |
| Turnover | 70 | €86,314 | €68,244 | -€18,070 | -20.9% |
| Membership fees, donations, legacies and grants | 73 | €3,922,968 | €3,926,332 | +€3,364 | +0.1% |
| Non-recurring operating income | 76A | €4,676 | €6,763 | +€2,087 | +44.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €636,343 | €555,627 | -€80,716 | -12.7% |
| Remuneration, social security and pensions | 62 | €3,192,014 | €3,304,306 | +€112,292 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,369 | €49,715 | -€13,654 | -21.5% |
| Other operating charges | 640/8 | €23,071 | €102,436 | +€79,365 | +344% |
| Non-recurring operating charges | 66A | €3,464 | €11,051 | +€7,587 | +219% |
| Gross operating margin | 9900 | €3,377,615 | €3,445,712 | +€68,097 | +2.0% |
| Operating profit (loss) | 9901 | €95,697 | -€24,447 | -€120,144 | |
| Financial income | 75/76B | €10,154 | €9,278 | -€876 | -8.6% |
| Recurring financial income | 75 | €10,154 | €9,278 | -€876 | -8.6% |
| Financial charges | 65/66B | €2,217 | €2,217 | = | 0.0% |
| Recurring financial charges | 65 | €2,217 | €2,217 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €103,634 | -€17,386 | -€121,020 | |
| Profit (loss) for the period | 9904 | €103,634 | -€17,386 | -€121,020 | |
| Profit (loss) for the period to be appropriated | 9905 | €103,634 | -€17,386 | -€121,020 |
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 14 October 2026 via checked.be.