GET IN LINE: what changed
What changed
GET IN LINE
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€39,590
2025 · €17,527+€22,063
Equity
€289,807
2025 · €250,217+€39,590
Cash
€5,698
2025 · €1,428+€4,269
Balance sheet total
€427,942
2025 · €416,095+€11,847
Largest movements
Assets
- Receivables within one year +€6,900
up €6,900 (+104%), from €6,612 to €13,513
of which Trade receivables: +€7,149
Equity and liabilities
- Reserves +€39,590
up €39,590 (+40.8%), from €96,986 to €136,576
of which Distributable reserves: +€39,590
- Debts after one year -€37,558
down €37,558 (-48.7%), from €77,151 to €39,593
- Tax, wage and social debts +€8,590
up €8,590 (+408%), from €2,104 to €10,694
- Current portion of long-term debt +€6,286
up €6,286 (+247%), from €2,541 to €8,827
- Advances received -€6,000
down €6,000 (-100%), from €6,000 to €0
Income statement
- Gross operating margin +€26,515
up €26,515 (+42.5%), from €62,363 to €88,877
- Taxes +€8,590
up €8,590 (+121%), from €7,104 to €15,694
- Depreciation -€2,500
down €2,500 (-8.1%), from €30,907 to €28,407
- Financial charges -€1,274
down €1,274 (-35.6%), from €3,575 to €2,301
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€17,527
Gross operating margin
+€26,515
Staff costs
+€640
Depreciation
+€2,500
Other operating charges
-€275
Financial income
-€0
Financial charges
+€1,274
Taxes
-€8,590
Result 2026
€39,590
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€63,242
Investment
-€27,701
Financing
-€31,272
Cash 2025
€1,428
From operations (derived)
+€63,242
Net result for the year
+€39,590
Depreciation
+€28,407
Receivables within one year
-€6,900
Deferred charges and accrued income
-€1,384
Trade debts
+€1,135
Tax, wage and social debts
+€8,590
Advances received
-€6,000
Other debts
-€196
Investment (derived)
-€27,701
Investment in fixed assets (net)
-€27,701
Financing
-€31,272
Debts after one year
-€37,558
Current portion of long-term debt
+€6,286
Cash 2026
€5,698
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €416,095 | €427,942 | +€11,847 | +2.8% |
| Fixed assets | 21/28 | €406,904 | €406,198 | -€706 | -0.2% |
| Tangible fixed assets | 22/27 | €406,554 | €405,848 | -€706 | -0.2% |
| Land and buildings | 22 | €395,737 | €394,914 | -€823 | -0.2% |
| Plant, machinery and equipment | 23 | €2,809 | €4,422 | +€1,612 | +57.4% |
| Furniture and vehicles | 24 | €8,008 | €6,513 | -€1,495 | -18.7% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €9,191 | €21,744 | +€12,553 | +137% |
| Amounts receivable within one year | 40/41 | €6,612 | €13,513 | +€6,900 | +104% |
| Trade receivables | 40 | €23 | €7,172 | +€7,149 | +30,866% |
| Other amounts receivable | 41 | €6,589 | €6,341 | -€248 | -3.8% |
| Cash at bank and in hand | 54/58 | €1,428 | €5,698 | +€4,269 | +299% |
| Deferred charges and accrued income | 490/1 | €1,150 | €2,534 | +€1,384 | +120% |
| Total equity and liabilities | 10/49 | €416,095 | €427,942 | +€11,847 | +2.8% |
| Equity | 10/15 | €250,217 | €289,807 | +€39,590 | +15.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €96,986 | €136,576 | +€39,590 | +40.8% |
| 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 | €95,126 | €134,716 | +€39,590 | +41.6% |
| Profit (loss) carried forward | 14 | €147,031 | €147,031 | = | 0.0% |
| Amounts payable | 17/49 | €165,878 | €138,135 | -€27,743 | -16.7% |
| Amounts payable after more than one year | 17 | €77,151 | €39,593 | -€37,558 | -48.7% |
| Financial debts | 170/4 | €77,151 | €39,593 | -€37,558 | -48.7% |
| Amounts payable within one year | 42/48 | €88,727 | €98,542 | +€9,815 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €2,541 | €8,827 | +€6,286 | +247% |
| Trade debts | 44 | €255 | €1,390 | +€1,135 | +445% |
| Suppliers | 440/4 | €255 | €1,390 | +€1,135 | +445% |
| Advances received on contracts in progress | 46 | €6,000 | €0 | -€6,000 | -100% |
| Taxes, remuneration and social security | 45 | €2,104 | €10,694 | +€8,590 | +408% |
| Taxes | 450/3 | €2,104 | €10,694 | +€8,590 | +408% |
| Other amounts payable | 47/48 | €77,828 | €77,631 | -€196 | -0.3% |
| Remuneration, social security and pensions | 62 | €640 | €0 | -€640 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,907 | €28,407 | -€2,500 | -8.1% |
| Other operating charges | 640/8 | €2,610 | €2,885 | +€275 | +10.5% |
| Gross operating margin | 9900 | €62,363 | €88,877 | +€26,515 | +42.5% |
| Operating profit (loss) | 9901 | €28,205 | €57,586 | +€29,380 | +104% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €3,575 | €2,301 | -€1,274 | -35.6% |
| Recurring financial charges | 65 | €3,575 | €2,301 | -€1,274 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | €24,630 | €55,284 | +€30,654 | +124% |
| Income taxes | 67/77 | €7,104 | €15,694 | +€8,590 | +121% |
| Profit (loss) for the period | 9904 | €17,527 | €39,590 | +€22,063 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €17,527 | €39,590 | +€22,063 | +126% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.