I-NEED: 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.
I-NEED
Largest movements
- Cash +€355,042
up €355,042 (+43.0%), from €825,731 to €1.2m
mainly Net result for the year (+€610,153) and Receivables within one year (+€211,967)
- Financial fixed assets +€225,500
up €225,500 (+1242.4%), from €18,150 to €243,650
- Receivables within one year -€211,967
down €211,967 (-71.4%), from €296,880 to €84,913
of which Other amounts receivable: -€181,191
- Receivables after one year +€100,000
new in 2025: €100,000
- Current investments -€60,749
down €60,749 (-25.4%), from €238,809 to €178,059
- Reserves +€530,962
up €530,962 (+27.0%), from €2.0m to €2.5m
of which Distributable reserves: +€278,362
- Other debts -€176,272
down €176,272 (-88.8%), from €198,396 to €22,124
- Short-term financial debts +€63,056
up €63,056 (+124.3%), from €50,734 to €113,789
- Debts after one year -€55,759
down €55,759 (-5.6%), from €989,888 to €934,129
- Gross operating margin +€147,558
up €147,558 (+16.5%), from €896,399 to €1.0m
- Financial charges -€67,632
down €67,632 (-51.2%), from €132,093 to €64,461
- Taxes +€40,027
up €40,027 (+17.6%), from €227,443 to €267,470
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 | €3,843,769 | €4,183,414 | +€339,645 | +8.8% |
| Fixed assets | 21/28 | €2,460,340 | €2,629,780 | +€169,440 | +6.9% |
| Tangible fixed assets | 22/27 | €2,442,190 | €2,386,130 | -€56,060 | -2.3% |
| Land and buildings | 22 | €2,364,023 | €2,322,976 | -€41,047 | -1.7% |
| Plant, machinery and equipment | 23 | €15,232 | €9,253 | -€5,979 | -39.3% |
| Furniture and vehicles | 24 | €29,728 | €20,694 | -€9,034 | -30.4% |
| Other tangible fixed assets | 26 | €33,207 | €33,207 | = | 0.0% |
| Financial fixed assets | 28 | €18,150 | €243,650 | +€225,500 | +1242.4% |
| Current assets | 29/58 | €1,383,429 | €1,553,634 | +€170,205 | +12.3% |
| Amounts receivable after more than one year | 29 | - | €100,000 | +€100,000 | |
| Other amounts receivable | 291 | - | €100,000 | +€100,000 | |
| Amounts receivable within one year | 40/41 | €296,880 | €84,913 | -€211,967 | -71.4% |
| Trade receivables | 40 | €105,589 | €74,813 | -€30,776 | -29.1% |
| Other amounts receivable | 41 | €191,291 | €10,100 | -€181,191 | -94.7% |
| Current investments | 50/53 | €238,809 | €178,059 | -€60,749 | -25.4% |
| Cash at bank and in hand | 54/58 | €825,731 | €1,180,774 | +€355,042 | +43.0% |
| Deferred charges and accrued income | 490/1 | €22,009 | €9,888 | -€12,121 | -55.1% |
| Total equity and liabilities | 10/49 | €3,843,769 | €4,183,414 | +€339,645 | +8.8% |
| Equity | 10/15 | €2,376,437 | €2,881,305 | +€504,868 | +21.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €389,711 | €363,617 | -€26,094 | -6.7% |
| Reserves | 13 | €1,968,126 | €2,499,088 | +€530,962 | +27.0% |
| Tax-exempt reserves | 132 | €175,905 | €428,505 | +€252,600 | +143.6% |
| Distributable reserves | 133 | €1,792,221 | €2,070,583 | +€278,362 | +15.5% |
| Amounts payable | 17/49 | €1,467,332 | €1,302,109 | -€165,223 | -11.3% |
| Amounts payable after more than one year | 17 | €989,888 | €934,129 | -€55,759 | -5.6% |
| Financial debts | 170/4 | €989,888 | €934,129 | -€55,759 | -5.6% |
| Amounts payable within one year | 42/48 | €476,575 | €367,111 | -€109,464 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €54,930 | €55,759 | +€829 | +1.5% |
| Financial debts | 43 | €50,734 | €113,789 | +€63,056 | +124.3% |
| Credit institutions | 430/8 | €50,734 | €113,789 | +€63,056 | +124.3% |
| Trade debts | 44 | €35,307 | €12,744 | -€22,563 | -63.9% |
| Suppliers | 440/4 | €35,307 | €12,744 | -€22,563 | -63.9% |
| Taxes, remuneration and social security | 45 | €137,210 | €162,695 | +€25,485 | +18.6% |
| Taxes | 450/3 | €137,210 | €162,695 | +€25,485 | +18.6% |
| Other amounts payable | 47/48 | €198,396 | €22,124 | -€176,272 | -88.8% |
| Accrued charges and deferred income | 492/3 | €869 | €869 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,977 | €108,973 | +€8,996 | +9.0% |
| Other operating charges | 640/8 | €5,697 | €6,132 | +€435 | +7.6% |
| Gross operating margin | 9900 | €896,399 | €1,043,957 | +€147,558 | +16.5% |
| Operating profit (loss) | 9901 | €790,725 | €928,852 | +€138,127 | +17.5% |
| Financial income | 75/76B | €14,507 | €13,231 | -€1,276 | -8.8% |
| Recurring financial income | 75 | €14,507 | €13,231 | -€1,276 | -8.8% |
| Financial charges | 65/66B | €132,093 | €64,461 | -€67,632 | -51.2% |
| Recurring financial charges | 65 | €132,093 | €64,461 | -€67,632 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | €673,140 | €877,623 | +€204,483 | +30.4% |
| Income taxes | 67/77 | €227,443 | €267,470 | +€40,027 | +17.6% |
| Profit (loss) for the period | 9904 | €445,698 | €610,153 | +€164,456 | +36.9% |
| Transfer to tax-exempt reserves | 689 | €128,405 | €252,600 | +€124,195 | +96.7% |
| Profit (loss) for the period to be appropriated | 9905 | €317,293 | €357,553 | +€40,261 | +12.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.