Hallinto: 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.
Hallinto
Largest movements
- Cash +€29,760
up €29,760 (+41.5%), from €71,797 to €101,557
mainly Net result for the year (+€18,729) and Receivables within one year (+€7,442)
- Receivables within one year -€7,442
down €7,442 (-25.5%), from €29,239 to €21,797
of which Other amounts receivable: -€5,291
- Deferred charges and accrued income -€2,575
down €2,575 (-63.0%), from €4,089 to €1,513
- Reserves +€17,896
up €17,896 (+21.1%), from €84,818 to €102,714
- Other debts +€2,496
up €2,496 (+219.0%), from €1,140 to €3,636
- Trade debts +€1,761
up €1,761 (+27.5%), from €6,394 to €8,155
- Gross operating margin +€2,386
up €2,386 (+7.5%), from €31,725 to €34,111
- Financial income -€2,132
down €2,132 (-84.2%), from €2,531 to €399
- Other operating charges +€855
up €855 (+89.7%), from €953 to €1,808
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 | €120,413 | €140,944 | +€20,531 | +17.1% |
| Fixed assets | 21/28 | €15,288 | €16,077 | +€789 | +5.2% |
| Tangible fixed assets | 22/27 | €15,288 | €16,077 | +€789 | +5.2% |
| Plant, machinery and equipment | 23 | - | €3,893 | +€3,893 | |
| Furniture and vehicles | 24 | €10,866 | €8,903 | -€1,962 | -18.1% |
| Other tangible fixed assets | 26 | €4,423 | €3,280 | -€1,142 | -25.8% |
| Current assets | 29/58 | €105,124 | €124,867 | +€19,743 | +18.8% |
| Amounts receivable within one year | 40/41 | €29,239 | €21,797 | -€7,442 | -25.5% |
| Trade receivables | 40 | €18,620 | €16,469 | -€2,151 | -11.6% |
| Other amounts receivable | 41 | €10,619 | €5,328 | -€5,291 | -49.8% |
| Cash at bank and in hand | 54/58 | €71,797 | €101,557 | +€29,760 | +41.5% |
| Deferred charges and accrued income | 490/1 | €4,089 | €1,513 | -€2,575 | -63.0% |
| Total equity and liabilities | 10/49 | €120,413 | €140,944 | +€20,531 | +17.1% |
| Equity | 10/15 | €97,218 | €115,114 | +€17,896 | +18.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €84,818 | €102,714 | +€17,896 | +21.1% |
| Distributable reserves | 133 | €84,818 | €102,714 | +€17,896 | +21.1% |
| Amounts payable | 17/49 | €23,195 | €25,830 | +€2,635 | +11.4% |
| Amounts payable within one year | 42/48 | €23,195 | €25,830 | +€2,635 | +11.4% |
| Financial debts | 43 | €1,910 | €1,523 | -€386 | -20.2% |
| Credit institutions | 430/8 | €1,910 | €1,523 | -€386 | -20.2% |
| Trade debts | 44 | €6,394 | €8,155 | +€1,761 | +27.5% |
| Suppliers | 440/4 | €6,394 | €8,155 | +€1,761 | +27.5% |
| Taxes, remuneration and social security | 45 | €13,751 | €12,516 | -€1,235 | -9.0% |
| Taxes | 450/3 | €7,488 | €5,609 | -€1,879 | -25.1% |
| Remuneration and social security | 454/9 | €6,263 | €6,906 | +€644 | +10.3% |
| Other amounts payable | 47/48 | €1,140 | €3,636 | +€2,496 | +219.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,549 | €4,708 | +€159 | +3.5% |
| Other operating charges | 640/8 | €953 | €1,808 | +€855 | +89.7% |
| Gross operating margin | 9900 | €31,725 | €34,111 | +€2,386 | +7.5% |
| Operating profit (loss) | 9901 | €26,223 | €27,595 | +€1,373 | +5.2% |
| Financial income | 75/76B | €2,531 | €399 | -€2,132 | -84.2% |
| Recurring financial income | 75 | €2,531 | €399 | -€2,132 | -84.2% |
| Financial charges | 65/66B | €1,036 | €853 | -€183 | -17.6% |
| Recurring financial charges | 65 | €1,036 | €853 | -€183 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €27,718 | €27,141 | -€577 | -2.1% |
| Income taxes | 67/77 | €8,317 | €8,413 | +€95 | +1.1% |
| Profit (loss) for the period | 9904 | €19,401 | €18,729 | -€672 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,401 | €18,729 | -€672 | -3.5% |
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 9 October 2026 via checked.be.