FOTO PRINT: 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.
FOTO PRINT
Largest movements
- Cash +€27,060
up €27,060 (+59.6%), from €45,418 to €72,477
mainly Depreciation (+€12,717) and Net result for the year (+€9,703)
- Tangible fixed assets -€12,717
down €12,717 (-8.2%), from €155,689 to €142,971
- Reserves +€9,703
up €9,703 (+3.6%), from €273,182 to €282,885
of which Distributable reserves: +€9,703
- Gross operating margin +€10,251
up €10,251 (+53.8%), from €19,064 to €29,315
- Taxes +€2,849
up €2,849 (+171%), from €1,666 to €4,514
- Other operating charges +€1,103
up €1,103 (+28.0%), from €3,947 to €5,050
- Financial income -€676
down €676 (-19.8%), from €3,414 to €2,739
- Financial charges -€483
down €483 (-87.5%), from €552 to €69
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 | €343,805 | €354,527 | +€10,722 | +3.1% |
| Fixed assets | 21/28 | €155,689 | €142,971 | -€12,717 | -8.2% |
| Tangible fixed assets | 22/27 | €155,689 | €142,971 | -€12,717 | -8.2% |
| Land and buildings | 22 | €155,689 | €142,971 | -€12,717 | -8.2% |
| Current assets | 29/58 | €188,117 | €211,556 | +€23,439 | +12.5% |
| Amounts receivable within one year | 40/41 | €2,411 | €307 | -€2,104 | -87.3% |
| Other amounts receivable | 41 | €2,411 | €307 | -€2,104 | -87.3% |
| Current investments | 50/53 | €138,771 | €138,771 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €45,418 | €72,477 | +€27,060 | +59.6% |
| Deferred charges and accrued income | 490/1 | €1,516 | €0 | -€1,516 | -100% |
| Total equity and liabilities | 10/49 | €343,805 | €354,527 | +€10,722 | +3.1% |
| Equity | 10/15 | €335,182 | €344,885 | +€9,703 | +2.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €273,182 | €282,885 | +€9,703 | +3.6% |
| Tax-exempt reserves | 132 | €7,503 | €7,503 | = | 0.0% |
| Distributable reserves | 133 | €265,679 | €275,382 | +€9,703 | +3.7% |
| Amounts payable | 17/49 | €8,623 | €9,643 | +€1,019 | +11.8% |
| Amounts payable within one year | 42/48 | €8,569 | €9,589 | +€1,019 | +11.9% |
| Trade debts | 44 | €1,949 | €2,669 | +€719 | +36.9% |
| Suppliers | 440/4 | €1,949 | €2,669 | +€719 | +36.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €6,620 | €6,920 | +€300 | +4.5% |
| Accrued charges and deferred income | 492/3 | €54 | €54 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,717 | €12,717 | = | 0.0% |
| Other operating charges | 640/8 | €3,947 | €5,050 | +€1,103 | +28.0% |
| Gross operating margin | 9900 | €19,064 | €29,315 | +€10,251 | +53.8% |
| Operating profit (loss) | 9901 | €2,399 | €11,547 | +€9,148 | +381% |
| Financial income | 75/76B | €3,414 | €2,739 | -€676 | -19.8% |
| Recurring financial income | 75 | €3,414 | €2,739 | -€676 | -19.8% |
| Financial charges | 65/66B | €552 | €69 | -€483 | -87.5% |
| Recurring financial charges | 65 | €552 | €69 | -€483 | -87.5% |
| Profit (loss) for the period before taxes | 9903 | €5,262 | €14,217 | +€8,955 | +170% |
| Income taxes | 67/77 | €1,666 | €4,514 | +€2,849 | +171% |
| Profit (loss) for the period | 9904 | €3,597 | €9,703 | +€6,106 | +170% |
| Profit (loss) for the period to be appropriated | 9905 | €3,597 | €9,703 | +€6,106 | +170% |
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 15 October 2026 via checked.be.