GENERAL INDUSTRIES: 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.
GENERAL INDUSTRIES
Largest movements
- Tangible fixed assets -€8,404
down €8,404 (-2.4%), from €350,558 to €342,154
of which Furniture and vehicles: -€26,525
- Reserves +€24,334
up €24,334 (+83.8%), from €29,032 to €53,366
of which Distributable reserves: +€24,334
- Contributions -€21,150
down €21,150 (-7.5%), from €280,603 to €259,453
- Debts after one year -€20,179
down €20,179 (-39.2%), from €51,533 to €31,353
- Current portion of long-term debt -€8,443
down €8,443 (-29.6%), from €28,527 to €20,084
- Profit (loss) carried forward +€5,198
up €5,198, from -€5,198 to €0
- Gross operating margin +€55,239
up €55,239 (+105%), from €52,828 to €108,067
- Depreciation +€18,585
up €18,585 (+66.4%), from €28,008 to €46,594
- Taxes +€6,144
up €6,144 (+119%), from €5,179 to €11,323
- Financial income -€2,325
down €2,325 (-96.0%), from €2,421 to €96
- Other operating charges -€1,164
down €1,164 (-7.7%), from €15,216 to €14,052
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 | €412,099 | €398,665 | -€13,434 | -3.3% |
| Fixed assets | 21/28 | €350,808 | €342,404 | -€8,404 | -2.4% |
| Tangible fixed assets | 22/27 | €350,558 | €342,154 | -€8,404 | -2.4% |
| Land and buildings | 22 | €204,984 | €213,505 | +€8,521 | +4.2% |
| Plant, machinery and equipment | 23 | €11,896 | €21,634 | +€9,737 | +81.9% |
| Furniture and vehicles | 24 | €118,791 | €92,266 | -€26,525 | -22.3% |
| Other tangible fixed assets | 26 | €14,886 | €14,749 | -€137 | -0.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €61,291 | €56,261 | -€5,030 | -8.2% |
| Amounts receivable within one year | 40/41 | €23,492 | €24,716 | +€1,223 | +5.2% |
| Trade receivables | 40 | €16,709 | €23,291 | +€6,582 | +39.4% |
| Other amounts receivable | 41 | €6,783 | €1,424 | -€5,359 | -79.0% |
| Current investments | 50/53 | €1,454 | €1,460 | +€6 | +0.4% |
| Cash at bank and in hand | 54/58 | €34,182 | €30,086 | -€4,097 | -12.0% |
| Deferred charges and accrued income | 490/1 | €2,163 | €0 | -€2,163 | -100% |
| Total equity and liabilities | 10/49 | €412,099 | €398,665 | -€13,434 | -3.3% |
| Equity | 10/15 | €304,437 | €312,819 | +€8,382 | +2.8% |
| Contributions | 10/11 | €280,603 | €259,453 | -€21,150 | -7.5% |
| Reserves | 13 | €29,032 | €53,366 | +€24,334 | +83.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €29,032 | €53,366 | +€24,334 | +83.8% |
| Profit (loss) carried forward | 14 | -€5,198 | €0 | +€5,198 | |
| Amounts payable | 17/49 | €107,662 | €85,846 | -€21,816 | -20.3% |
| Amounts payable after more than one year | 17 | €51,533 | €31,353 | -€20,179 | -39.2% |
| Financial debts | 170/4 | €51,533 | €31,353 | -€20,179 | -39.2% |
| Amounts payable within one year | 42/48 | €56,129 | €54,492 | -€1,637 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €28,527 | €20,084 | -€8,443 | -29.6% |
| Trade debts | 44 | €406 | €3,778 | +€3,372 | +830% |
| Suppliers | 440/4 | €406 | €3,778 | +€3,372 | +830% |
| Taxes, remuneration and social security | 45 | €1,644 | €2,599 | +€955 | +58.1% |
| Taxes | 450/3 | €1,644 | €2,599 | +€955 | +58.1% |
| Other amounts payable | 47/48 | €25,552 | €28,031 | +€2,479 | +9.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €4,752 | €0 | -€4,752 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,008 | €46,594 | +€18,585 | +66.4% |
| Other operating charges | 640/8 | €15,216 | €14,052 | -€1,164 | -7.7% |
| Non-recurring operating charges | 66A | €1,896 | €0 | -€1,896 | -100% |
| Gross operating margin | 9900 | €52,828 | €108,067 | +€55,239 | +105% |
| Operating profit (loss) | 9901 | €7,707 | €47,421 | +€39,714 | +515% |
| Financial income | 75/76B | €2,421 | €96 | -€2,325 | -96.0% |
| Recurring financial income | 75 | €2,421 | €96 | -€2,325 | -96.0% |
| Financial charges | 65/66B | €1,470 | €2,312 | +€842 | +57.3% |
| Recurring financial charges | 65 | €1,470 | €2,312 | +€842 | +57.3% |
| Profit (loss) for the period before taxes | 9903 | €8,659 | €45,206 | +€36,547 | +422% |
| Income taxes | 67/77 | €5,179 | €11,323 | +€6,144 | +119% |
| Profit (loss) for the period | 9904 | €3,480 | €33,882 | +€30,403 | +874% |
| Profit (loss) for the period to be appropriated | 9905 | €3,480 | €33,882 | +€30,403 | +874% |
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 17 October 2026 via checked.be.