GROEIONDERSTEUNING: 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.
GROEIONDERSTEUNING
Largest movements
- Tangible fixed assets -€25,256
down €25,256 (-27.8%), from €91,006 to €65,750
of which Leasing and similar rights: -€24,178
- Cash +€13,949
up €13,949 (+316%), from €4,421 to €18,369
mainly Depreciation (+€26,738) and Tax, wage and social debts (+€11,662)
- Deferred charges and accrued income -€5,615
down €5,615 (-45.1%), from €12,447 to €6,831
- Debts after one year -€20,902
down €20,902 (-33.7%), from €62,100 to €41,199
- Tax, wage and social debts +€11,662
up €11,662 (+53.6%), from €21,745 to €33,407
of which Taxes: +€11,827
- Accrued charges and deferred income -€11,472
down €11,472 (-100%), from €11,472 to €0
- Other debts +€11,093
up €11,093 (+138%), from €8,032 to €19,124
- Reserves -€6,624
down €6,624 (-100%), from €6,624 to €0
- Staff costs +€36,847
up €36,847 (+57.2%), from €64,380 to €101,227
- Gross operating margin +€15,674
up €15,674 (+13.2%), from €119,051 to €134,725
- Taxes -€12,791
down €12,791 (-88.3%), from €14,494 to €1,702
- Depreciation +€4,075
up €4,075 (+18.0%), from €22,663 to €26,738
- Other operating charges -€2,589
down €2,589 (-40.4%), from €6,409 to €3,820
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 | €154,383 | €137,317 | -€17,066 | -11.1% |
| Fixed assets | 21/28 | €91,006 | €65,750 | -€25,256 | -27.8% |
| Tangible fixed assets | 22/27 | €91,006 | €65,750 | -€25,256 | -27.8% |
| Furniture and vehicles | 24 | €5,615 | €4,760 | -€855 | -15.2% |
| Leasing and similar rights | 25 | €83,250 | €59,072 | -€24,178 | -29.0% |
| Other tangible fixed assets | 26 | €2,141 | €1,918 | -€224 | -10.5% |
| Current assets | 29/58 | €63,377 | €71,568 | +€8,191 | +12.9% |
| Amounts receivable within one year | 40/41 | €46,509 | €46,367 | -€142 | -0.3% |
| Trade receivables | 40 | €41,089 | €42,666 | +€1,576 | +3.8% |
| Other amounts receivable | 41 | €5,420 | €3,701 | -€1,719 | -31.7% |
| Cash at bank and in hand | 54/58 | €4,421 | €18,369 | +€13,949 | +316% |
| Deferred charges and accrued income | 490/1 | €12,447 | €6,831 | -€5,615 | -45.1% |
| Total equity and liabilities | 10/49 | €154,383 | €137,317 | -€17,066 | -11.1% |
| Equity | 10/15 | €23,893 | €15,960 | -€7,933 | -33.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,624 | €0 | -€6,624 | -100% |
| Distributable reserves | 133 | €6,624 | €0 | -€6,624 | -100% |
| Profit (loss) carried forward | 14 | -€1,331 | -€2,640 | -€1,309 | -98.3% |
| Amounts payable | 17/49 | €130,490 | €121,357 | -€9,133 | -7.0% |
| Amounts payable after more than one year | 17 | €62,100 | €41,199 | -€20,902 | -33.7% |
| Financial debts | 170/4 | €62,100 | €41,199 | -€20,902 | -33.7% |
| Amounts payable within one year | 42/48 | €56,917 | €80,158 | +€23,241 | +40.8% |
| Current portion of amounts payable after more than one year | 42 | €20,390 | €20,902 | +€511 | +2.5% |
| Financial debts | 43 | €2,366 | €0 | -€2,366 | -100% |
| Credit institutions | 430/8 | €2,366 | €0 | -€2,366 | -100% |
| Trade debts | 44 | €4,384 | €6,725 | +€2,341 | +53.4% |
| Suppliers | 440/4 | €4,384 | €6,725 | +€2,341 | +53.4% |
| Taxes, remuneration and social security | 45 | €21,745 | €33,407 | +€11,662 | +53.6% |
| Taxes | 450/3 | €13,889 | €25,716 | +€11,827 | +85.2% |
| Remuneration and social security | 454/9 | €7,856 | €7,691 | -€165 | -2.1% |
| Other amounts payable | 47/48 | €8,032 | €19,124 | +€11,093 | +138% |
| Accrued charges and deferred income | 492/3 | €11,472 | €0 | -€11,472 | -100% |
| Remuneration, social security and pensions | 62 | €64,380 | €101,227 | +€36,847 | +57.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,663 | €26,738 | +€4,075 | +18.0% |
| Other operating charges | 640/8 | €6,409 | €3,820 | -€2,589 | -40.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €119,051 | €134,725 | +€15,674 | +13.2% |
| Operating profit (loss) | 9901 | €25,599 | €2,939 | -€22,659 | -88.5% |
| Financial income | 75/76B | €196 | €903 | +€707 | +360% |
| Recurring financial income | 75 | €196 | €903 | +€707 | +360% |
| Financial charges | 65/66B | €4,409 | €3,449 | -€960 | -21.8% |
| Recurring financial charges | 65 | €4,409 | €3,449 | -€960 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €21,386 | €394 | -€20,992 | -98.2% |
| Income taxes | 67/77 | €14,494 | €1,702 | -€12,791 | -88.3% |
| Profit (loss) for the period | 9904 | €6,892 | -€1,309 | -€8,201 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,892 | -€1,309 | -€8,201 |
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 29 October 2026 via checked.be.