I&DP: 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.
I&DP
Largest movements
- Cash +€164,359
up €164,359 (+501%), from €32,831 to €197,189
mainly Other debts (+€367,198) and Net result for the year (+€94,842)
- Current investments -€46,209
down €46,209 (-20.8%), from €222,231 to €176,022
- Receivables within one year -€42,698
down €42,698 (-41.3%), from €103,305 to €60,607
of which Other amounts receivable: -€49,586
- Tangible fixed assets -€25,236
down €25,236 (-17.1%), from €147,838 to €122,602
of which Furniture and vehicles: -€28,397
- Other debts +€367,198
up €367,198, from €0 to €367,198
- Reserves -€272,356
down €272,356 (-20.6%), from €1.3m to €1.1m
of which Distributable reserves: -€272,356
- Debts after one year -€25,634
down €25,634 (-23.6%), from €108,761 to €83,127
- Depreciation +€27,354
up €27,354 (+522%), from €5,245 to €32,598
- Financial income +€19,610
up €19,610 (+138%), from €14,222 to €33,832
- Gross operating margin +€12,600
up €12,600 (+10.2%), from €123,817 to €136,417
- Financial charges +€6,809
up €6,809, from -€1,866 to €4,942
- Taxes -€5,116
down €5,116 (-12.6%), from €40,463 to €35,346
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 | €1,524,524 | €1,582,904 | +€58,380 | +3.8% |
| Fixed assets | 21/28 | €1,141,450 | €1,122,543 | -€18,908 | -1.7% |
| Tangible fixed assets | 22/27 | €147,838 | €122,602 | -€25,236 | -17.1% |
| Plant, machinery and equipment | 23 | €4,111 | €7,272 | +€3,161 | +76.9% |
| Furniture and vehicles | 24 | €143,727 | €115,330 | -€28,397 | -19.8% |
| Financial fixed assets | 28 | €993,612 | €999,941 | +€6,329 | +0.6% |
| Current assets | 29/58 | €383,074 | €460,361 | +€77,288 | +20.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €103,305 | €60,607 | -€42,698 | -41.3% |
| Trade receivables | 40 | €38,242 | €45,130 | +€6,888 | +18.0% |
| Other amounts receivable | 41 | €65,063 | €15,478 | -€49,586 | -76.2% |
| Current investments | 50/53 | €222,231 | €176,022 | -€46,209 | -20.8% |
| Cash at bank and in hand | 54/58 | €32,831 | €197,189 | +€164,359 | +501% |
| Deferred charges and accrued income | 490/1 | €24,707 | €26,543 | +€1,836 | +7.4% |
| Total equity and liabilities | 10/49 | €1,524,524 | €1,582,904 | +€58,380 | +3.8% |
| Equity | 10/15 | €1,342,775 | €1,070,419 | -€272,356 | -20.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,324,175 | €1,051,819 | -€272,356 | -20.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,324,175 | €1,051,819 | -€272,356 | -20.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €181,749 | €512,485 | +€330,736 | +182% |
| Amounts payable after more than one year | 17 | €108,761 | €83,127 | -€25,634 | -23.6% |
| Financial debts | 170/4 | €108,761 | €83,127 | -€25,634 | -23.6% |
| Amounts payable within one year | 42/48 | €60,987 | €417,358 | +€356,371 | +584% |
| Current portion of amounts payable after more than one year | 42 | €24,662 | €25,634 | +€972 | +3.9% |
| Financial debts | 43 | €487 | €145 | -€342 | -70.2% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €487 | €145 | -€342 | -70.2% |
| Trade debts | 44 | €1,387 | €5,346 | +€3,960 | +286% |
| Suppliers | 440/4 | €1,387 | €5,346 | +€3,960 | +286% |
| Taxes, remuneration and social security | 45 | €34,452 | €19,035 | -€15,417 | -44.7% |
| Taxes | 450/3 | €34,452 | €19,035 | -€15,417 | -44.7% |
| Other amounts payable | 47/48 | €0 | €367,198 | +€367,198 | |
| Accrued charges and deferred income | 492/3 | €12,000 | €12,000 | = | 0.0% |
| Non-recurring operating income | 76A | €12,217 | €0 | -€12,217 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,245 | €32,598 | +€27,354 | +522% |
| Other operating charges | 640/8 | €2,880 | €2,521 | -€359 | -12.5% |
| Gross operating margin | 9900 | €123,817 | €136,417 | +€12,600 | +10.2% |
| Operating profit (loss) | 9901 | €115,693 | €101,298 | -€14,395 | -12.4% |
| Financial income | 75/76B | €14,222 | €33,832 | +€19,610 | +138% |
| Recurring financial income | 75 | €14,222 | €33,832 | +€19,610 | +138% |
| Financial charges | 65/66B | -€1,866 | €4,942 | +€6,809 | |
| Recurring financial charges | 65 | -€1,866 | €4,942 | +€6,809 | |
| Profit (loss) for the period before taxes | 9903 | €131,781 | €130,188 | -€1,593 | -1.2% |
| Income taxes | 67/77 | €40,463 | €35,346 | -€5,116 | -12.6% |
| Profit (loss) for the period | 9904 | €91,318 | €94,842 | +€3,523 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €91,318 | €94,842 | +€3,523 | +3.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.