Freebase: 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.
Freebase
Largest movements
- Tangible fixed assets -€12,468
down €12,468 (-32.1%), from €38,783 to €26,315
of which Leasing and similar rights: -€7,705
- Cash -€2,996
down €2,996 (-100.0%), from €2,996 to €0
mainly Tax, wage and social debts (-€10,244) and Debts after one year (-€8,020)
- Receivables after one year -€2,563
down €2,563 (-16.0%), from €15,968 to €13,406
- Tax, wage and social debts -€10,244
down €10,244 (-68.3%), from €14,992 to €4,748
- Debts after one year -€8,020
down €8,020 (-53.3%), from €15,055 to €7,034
- Short-term financial debts +€1,748
up €1,748 (+38.1%), from €4,586 to €6,334
- Current portion of long-term debt -€986
down €986 (-9.7%), from €10,136 to €9,150
- Gross operating margin +€18,304
up €18,304 (+453.3%), from €4,038 to €22,342
- Taxes +€2,759
up €2,759 (+754.3%), from €366 to €3,125
- Other operating charges +€487
up €487 (+34.9%), from €1,396 to €1,882
- Depreciation -€443
down €443 (-2.8%), from €15,619 to €15,176
- Financial charges -€415
down €415 (-12.4%), from €3,360 to €2,945
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 | €95,224 | €77,338 | -€17,887 | -18.8% |
| Fixed assets | 21/28 | €38,783 | €26,315 | -€12,468 | -32.1% |
| Tangible fixed assets | 22/27 | €38,783 | €26,315 | -€12,468 | -32.1% |
| Land and buildings | 22 | €12,352 | €9,719 | -€2,633 | -21.3% |
| Plant, machinery and equipment | 23 | €1,225 | €2,043 | +€818 | +66.7% |
| Furniture and vehicles | 24 | €7,981 | €5,033 | -€2,948 | -36.9% |
| Leasing and similar rights | 25 | €17,224 | €9,520 | -€7,705 | -44.7% |
| Current assets | 29/58 | €56,441 | €51,022 | -€5,418 | -9.6% |
| Amounts receivable after more than one year | 29 | €15,968 | €13,406 | -€2,563 | -16.0% |
| Trade receivables | 290 | €15,968 | €13,406 | -€2,563 | -16.0% |
| Amounts receivable within one year | 40/41 | €37,117 | €36,533 | -€584 | -1.6% |
| Trade receivables | 40 | €33,495 | €32,032 | -€1,463 | -4.4% |
| Other amounts receivable | 41 | €3,622 | €4,501 | +€879 | +24.3% |
| Cash at bank and in hand | 54/58 | €2,996 | €0 | -€2,996 | -100.0% |
| Deferred charges and accrued income | 490/1 | €360 | €1,084 | +€724 | +201.3% |
| Total equity and liabilities | 10/49 | €95,224 | €77,338 | -€17,887 | -18.8% |
| Equity | 10/15 | €47,460 | €46,945 | -€515 | -1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,186 | €41,186 | = | 0.0% |
| 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 | €39,326 | €39,326 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74 | -€441 | -€515 | |
| Amounts payable | 17/49 | €47,764 | €30,393 | -€17,371 | -36.4% |
| Amounts payable after more than one year | 17 | €15,055 | €7,034 | -€8,020 | -53.3% |
| Financial debts | 170/4 | €15,055 | €7,034 | -€8,020 | -53.3% |
| Amounts payable within one year | 42/48 | €32,709 | €23,358 | -€9,351 | -28.6% |
| Current portion of amounts payable after more than one year | 42 | €10,136 | €9,150 | -€986 | -9.7% |
| Financial debts | 43 | €4,586 | €6,334 | +€1,748 | +38.1% |
| Credit institutions | 430/8 | €4,586 | €6,334 | +€1,748 | +38.1% |
| Trade debts | 44 | €2,596 | €1,842 | -€753 | -29.0% |
| Suppliers | 440/4 | €2,596 | €1,842 | -€753 | -29.0% |
| Taxes, remuneration and social security | 45 | €14,992 | €4,748 | -€10,244 | -68.3% |
| Taxes | 450/3 | €14,992 | €4,748 | -€10,244 | -68.3% |
| Other amounts payable | 47/48 | €399 | €1,284 | +€885 | +221.6% |
| Non-recurring operating income | 76A | €2,475 | €0 | -€2,475 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,619 | €15,176 | -€443 | -2.8% |
| Other operating charges | 640/8 | €1,396 | €1,882 | +€487 | +34.9% |
| Gross operating margin | 9900 | €4,038 | €22,342 | +€18,304 | +453.3% |
| Operating profit (loss) | 9901 | -€12,977 | €5,284 | +€18,261 | |
| Financial income | 75/76B | €350 | €271 | -€79 | -22.6% |
| Recurring financial income | 75 | €350 | €271 | -€79 | -22.6% |
| Financial charges | 65/66B | €3,360 | €2,945 | -€415 | -12.4% |
| Recurring financial charges | 65 | €3,360 | €2,945 | -€415 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,987 | €2,610 | +€18,596 | |
| Income taxes | 67/77 | €366 | €3,125 | +€2,759 | +754.3% |
| Profit (loss) for the period | 9904 | -€16,353 | -€515 | +€15,838 | +96.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,353 | -€515 | +€15,838 | +96.8% |
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.