Het Archief: 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.
Het Archief
Largest movements
- Cash +€98,077
up €98,077 (+124%), from €79,240 to €177,318
mainly Net result for the year (+€104,967) and Depreciation (+€67,134)
- Tangible fixed assets -€39,652
down €39,652 (-12.1%), from €326,777 to €287,125
of which Furniture and vehicles: -€25,433
- Receivables within one year +€5,791
up €5,791 (+40.2%), from €14,397 to €20,188
of which Trade receivables: +€7,914
- Reserves +€104,967
up €104,967 (+41.4%), from €253,841 to €358,808
- Debts after one year -€34,686
down €34,686 (-91.1%), from €38,064 to €3,378
- Trade debts -€8,589
down €8,589 (-23.8%), from €36,098 to €27,509
- Gross operating margin +€87,496
up €87,496 (+48.4%), from €180,933 to €268,429
- Staff costs +€22,746
up €22,746 (+106%), from €21,557 to €44,302
- Taxes +€20,800
up €20,800 (+69.1%), from €30,101 to €50,902
- Financial income +€5,973
up €5,973 (+369%), from €1,617 to €7,590
- Depreciation +€2,933
up €2,933 (+4.6%), from €64,202 to €67,134
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 | €437,228 | €500,605 | +€63,377 | +14.5% |
| Fixed assets | 21/28 | €335,777 | €296,125 | -€39,652 | -11.8% |
| Tangible fixed assets | 22/27 | €326,777 | €287,125 | -€39,652 | -12.1% |
| Land and buildings | 22 | €259,014 | €246,899 | -€12,115 | -4.7% |
| Plant, machinery and equipment | 23 | €9,741 | €7,637 | -€2,104 | -21.6% |
| Furniture and vehicles | 24 | €58,022 | €32,589 | -€25,433 | -43.8% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €101,451 | €204,480 | +€103,030 | +102% |
| Stocks and contracts in progress | 3 | €4,690 | €4,810 | +€120 | +2.6% |
| Stocks | 30/36 | €4,690 | €4,810 | +€120 | +2.6% |
| Amounts receivable within one year | 40/41 | €14,397 | €20,188 | +€5,791 | +40.2% |
| Trade receivables | 40 | €11,218 | €19,131 | +€7,914 | +70.5% |
| Other amounts receivable | 41 | €3,179 | €1,057 | -€2,122 | -66.8% |
| Cash at bank and in hand | 54/58 | €79,240 | €177,318 | +€98,077 | +124% |
| Deferred charges and accrued income | 490/1 | €3,124 | €2,164 | -€960 | -30.7% |
| Total equity and liabilities | 10/49 | €437,228 | €500,605 | +€63,377 | +14.5% |
| Equity | 10/15 | €285,041 | €390,008 | +€104,967 | +36.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €253,841 | €358,808 | +€104,967 | +41.4% |
| Distributable reserves | 133 | €253,841 | €358,808 | +€104,967 | +41.4% |
| Profit (loss) carried forward | 14 | €30,200 | €30,200 | = | 0.0% |
| Provisions and deferred taxes | 16 | €9,437 | €9,437 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €9,437 | €9,437 | = | 0.0% |
| Pensions and similar obligations | 160 | €9,437 | €9,437 | = | 0.0% |
| Amounts payable | 17/49 | €142,749 | €101,160 | -€41,589 | -29.1% |
| Amounts payable after more than one year | 17 | €38,064 | €3,378 | -€34,686 | -91.1% |
| Financial debts | 170/4 | €38,064 | €3,378 | -€34,686 | -91.1% |
| Amounts payable within one year | 42/48 | €104,685 | €97,622 | -€7,062 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €35,543 | €34,686 | -€857 | -2.4% |
| Trade debts | 44 | €36,098 | €27,509 | -€8,589 | -23.8% |
| Suppliers | 440/4 | €36,098 | €27,509 | -€8,589 | -23.8% |
| Taxes, remuneration and social security | 45 | €26,079 | €31,059 | +€4,979 | +19.1% |
| Taxes | 450/3 | €21,019 | €22,518 | +€1,499 | +7.1% |
| Remuneration and social security | 454/9 | €5,060 | €8,540 | +€3,480 | +68.8% |
| Other amounts payable | 47/48 | €6,965 | €4,369 | -€2,596 | -37.3% |
| Accrued charges and deferred income | 492/3 | - | €159 | +€159 | |
| Remuneration, social security and pensions | 62 | €21,557 | €44,302 | +€22,746 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,202 | €67,134 | +€2,933 | +4.6% |
| Other operating charges | 640/8 | €3,914 | €4,433 | +€519 | +13.3% |
| Gross operating margin | 9900 | €180,933 | €268,429 | +€87,496 | +48.4% |
| Operating profit (loss) | 9901 | €91,261 | €152,560 | +€61,299 | +67.2% |
| Financial income | 75/76B | €1,617 | €7,590 | +€5,973 | +369% |
| Recurring financial income | 75 | €1,617 | €7,590 | +€5,973 | +369% |
| Financial charges | 65/66B | €5,535 | €4,281 | -€1,254 | -22.7% |
| Recurring financial charges | 65 | €5,535 | €4,281 | -€1,254 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €87,343 | €155,868 | +€68,526 | +78.5% |
| Income taxes | 67/77 | €30,101 | €50,902 | +€20,800 | +69.1% |
| Profit (loss) for the period | 9904 | €57,241 | €104,967 | +€47,725 | +83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €57,241 | €104,967 | +€47,725 | +83.4% |
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 16 October 2026 via checked.be.