HIGH PERFORMANCE: what changed
Two fiscal 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.
HIGH PERFORMANCE
Largest movements
- Receivables within one year +€3,923
up €3,923 (+16.3%), from €24,018 to €27,940
of which Other amounts receivable: +€3,779
- Cash -€3,365
down €3,365 (-34.8%), from €9,671 to €6,305
mainly Other debts (-€5,687) and Receivables within one year (-€3,923)
- Deferred charges and accrued income +€856
new in 2025: €856
- Tangible fixed assets -€795
down €795 (-24.9%), from €3,195 to €2,400
of which Plant, machinery and equipment: -€689
- Profit (loss) carried forward +€6,589
up €6,589 (+16.8%), from -€39,151 to -€32,562
- Other debts -€5,687
down €5,687 (-26.4%), from €21,528 to €15,842
- Gross operating margin +€2,784
up €2,784 (+38.5%), from €7,228 to €10,012
- Financial charges +€519
up €519 (+306.2%), from €169 to €688
- Other operating charges +€239
up €239 (+18.0%), from €1,329 to €1,569
- Depreciation +€213
up €213 (+36.7%), from €581 to €795
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 | €36,883 | €37,502 | +€619 | +1.7% |
| Fixed assets | 21/28 | €3,195 | €2,400 | -€795 | -24.9% |
| Tangible fixed assets | 22/27 | €3,195 | €2,400 | -€795 | -24.9% |
| Plant, machinery and equipment | 23 | €2,969 | €2,280 | -€689 | -23.2% |
| Furniture and vehicles | 24 | €225 | €120 | -€106 | -46.9% |
| Current assets | 29/58 | €33,688 | €35,102 | +€1,413 | +4.2% |
| Amounts receivable within one year | 40/41 | €24,018 | €27,940 | +€3,923 | +16.3% |
| Trade receivables | 40 | €0 | €144 | +€144 | |
| Other amounts receivable | 41 | €24,018 | €27,797 | +€3,779 | +15.7% |
| Cash at bank and in hand | 54/58 | €9,671 | €6,305 | -€3,365 | -34.8% |
| Deferred charges and accrued income | 490/1 | - | €856 | +€856 | |
| Total equity and liabilities | 10/49 | €36,883 | €37,502 | +€619 | +1.7% |
| Equity | 10/15 | €15,033 | €21,622 | +€6,589 | +43.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €35,592 | €35,592 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €31,733 | €31,733 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,151 | -€32,562 | +€6,589 | +16.8% |
| Amounts payable | 17/49 | €21,850 | €15,879 | -€5,970 | -27.3% |
| Amounts payable within one year | 42/48 | €21,850 | €15,879 | -€5,970 | -27.3% |
| Financial debts | 43 | €44 | €0 | -€44 | -100.0% |
| Credit institutions | 430/8 | €44 | €0 | -€44 | -100.0% |
| Trade debts | 44 | €220 | €0 | -€220 | -100.0% |
| Suppliers | 440/4 | €220 | €0 | -€220 | -100.0% |
| Taxes, remuneration and social security | 45 | €57 | €38 | -€19 | -33.9% |
| Taxes | 450/3 | €57 | €38 | -€19 | -33.9% |
| Other amounts payable | 47/48 | €21,528 | €15,842 | -€5,687 | -26.4% |
| Non-recurring operating income | 76A | €25,398 | €0 | -€25,398 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €581 | €795 | +€213 | +36.7% |
| Other operating charges | 640/8 | €1,329 | €1,569 | +€239 | +18.0% |
| Gross operating margin | 9900 | €7,228 | €10,012 | +€2,784 | +38.5% |
| Operating profit (loss) | 9901 | €5,317 | €7,649 | +€2,332 | +43.9% |
| Financial income | 75/76B | €0 | €16 | +€16 | +4319.4% |
| Recurring financial income | 75 | €0 | €16 | +€16 | +4319.4% |
| Financial charges | 65/66B | €169 | €688 | +€519 | +306.2% |
| Recurring financial charges | 65 | €169 | €688 | +€519 | +306.2% |
| Profit (loss) for the period before taxes | 9903 | €5,148 | €6,977 | +€1,828 | +35.5% |
| Income taxes | 67/77 | €357 | €388 | +€31 | +8.6% |
| Profit (loss) for the period | 9904 | €4,791 | €6,589 | +€1,798 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,791 | €6,589 | +€1,798 | +37.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.