GET ON IT: 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.
GET ON IT
Largest movements
- Receivables within one year -€83,378
down €83,378 (-51.1%), from €163,139 to €79,761
of which Other amounts receivable: -€60,609
- Cash +€64,161
up €64,161 (+246%), from €26,052 to €90,213
mainly Receivables within one year (+€83,378) and Net result for the year (+€58,664)
- Deferred charges and accrued income -€12,171
down €12,171 (-14.0%), from €86,820 to €74,649
- Tangible fixed assets +€8,466
up €8,466 (+1.8%), from €477,629 to €486,096
of which Furniture and vehicles: +€11,156
- Reserves +€58,664
up €58,664 (+39.5%), from €148,674 to €207,337
- Trade debts -€57,725
down €57,725 (-14.5%), from €398,739 to €341,014
- Current portion of long-term debt -€19,569
down €19,569 (-74.5%), from €26,250 to €6,681
- Other debts -€8,926
down €8,926 (-14.6%), from €60,933 to €52,006
- Gross operating margin +€31,742
up €31,742 (+39.3%), from €80,829 to €112,571
- Taxes +€6,062
up €6,062 (+60.9%), from €9,958 to €16,020
- Financial charges +€4,958
up €4,958 (+37.8%), from €13,122 to €18,079
- Depreciation +€3,679
up €3,679 (+23.1%), from €15,957 to €19,636
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 | €763,396 | €747,378 | -€16,018 | -2.1% |
| Fixed assets | 21/28 | €477,629 | €486,096 | +€8,466 | +1.8% |
| Tangible fixed assets | 22/27 | €477,629 | €486,096 | +€8,466 | +1.8% |
| Land and buildings | 22 | €468,074 | €465,385 | -€2,690 | -0.6% |
| Furniture and vehicles | 24 | €9,555 | €20,711 | +€11,156 | +117% |
| Current assets | 29/58 | €285,766 | €261,282 | -€24,484 | -8.6% |
| Amounts receivable within one year | 40/41 | €163,139 | €79,761 | -€83,378 | -51.1% |
| Trade receivables | 40 | €51,339 | €28,569 | -€22,769 | -44.4% |
| Other amounts receivable | 41 | €111,800 | €51,192 | -€60,609 | -54.2% |
| Current investments | 50/53 | €9,755 | €16,660 | +€6,904 | +70.8% |
| Cash at bank and in hand | 54/58 | €26,052 | €90,213 | +€64,161 | +246% |
| Deferred charges and accrued income | 490/1 | €86,820 | €74,649 | -€12,171 | -14.0% |
| Total equity and liabilities | 10/49 | €763,396 | €747,378 | -€16,018 | -2.1% |
| Equity | 10/15 | €151,674 | €210,337 | +€58,664 | +38.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €148,674 | €207,337 | +€58,664 | +39.5% |
| Distributable reserves | 133 | €148,674 | €207,337 | +€58,664 | +39.5% |
| Amounts payable | 17/49 | €611,722 | €537,041 | -€74,681 | -12.2% |
| Amounts payable after more than one year | 17 | €125,000 | €130,168 | +€5,168 | +4.1% |
| Financial debts | 170/4 | €125,000 | €130,168 | +€5,168 | +4.1% |
| Amounts payable within one year | 42/48 | €486,722 | €400,872 | -€85,850 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €26,250 | €6,681 | -€19,569 | -74.5% |
| Trade debts | 44 | €398,739 | €341,014 | -€57,725 | -14.5% |
| Suppliers | 440/4 | €398,739 | €341,014 | -€57,725 | -14.5% |
| Taxes, remuneration and social security | 45 | €801 | €1,170 | +€370 | +46.2% |
| Taxes | 450/3 | €801 | - | -€801 | |
| Remuneration and social security | 454/9 | - | €1,170 | +€1,170 | |
| Other amounts payable | 47/48 | €60,933 | €52,006 | -€8,926 | -14.6% |
| Accrued charges and deferred income | 492/3 | - | €6,000 | +€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,957 | €19,636 | +€3,679 | +23.1% |
| Other operating charges | 640/8 | €932 | €1,063 | +€131 | +14.1% |
| Non-recurring operating charges | 66A | - | €128 | +€128 | |
| Gross operating margin | 9900 | €80,829 | €112,571 | +€31,742 | +39.3% |
| Operating profit (loss) | 9901 | €63,940 | €91,745 | +€27,805 | +43.5% |
| Financial income | 75/76B | €586 | €1,019 | +€432 | +73.8% |
| Recurring financial income | 75 | €586 | €1,019 | +€432 | +73.8% |
| Financial charges | 65/66B | €13,122 | €18,079 | +€4,958 | +37.8% |
| Recurring financial charges | 65 | €13,122 | €18,079 | +€4,958 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | €51,405 | €74,684 | +€23,279 | +45.3% |
| Income taxes | 67/77 | €9,958 | €16,020 | +€6,062 | +60.9% |
| Profit (loss) for the period | 9904 | €41,447 | €58,664 | +€17,217 | +41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,447 | €58,664 | +€17,217 | +41.5% |
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 24 October 2026 via checked.be.