Importation, Production, Consommation: 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.
Importation, Production, Consommation
Largest movements
- Cash +€63,790
up €63,790 (+74.1%), from €86,068 to €149,858
mainly Current investments (+€46,478) and Net result for the year (+€41,502)
- Stocks and contracts +€53,139
up €53,139 (+24.7%), from €214,863 to €268,002
- Current investments -€46,478
no longer reported in 2025 (was €46,478)
- Tangible fixed assets -€14,016
down €14,016 (-4.5%), from €310,886 to €296,870
of which Land and buildings: -€11,521
- Reserves +€35,000
up €35,000 (+64.8%), from €54,046 to €89,046
of which Distributable reserves: +€35,000
- Trade debts +€31,322
up €31,322 (+43.5%), from €71,932 to €103,254
- Debts after one year -€15,345
down €15,345 (-6.2%), from €248,230 to €232,885
- Staff costs -€4,291
down €4,291 (-24.3%), from €17,688 to €13,398
- Gross operating margin -€2,807
down €2,807 (-2.9%), from €96,188 to €93,381
- Depreciation -€1,611
down €1,611 (-10.3%), from €15,627 to €14,016
- Financial charges -€1,362
down €1,362 (-22.4%), from €6,082 to €4,720
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 | €773,507 | €833,303 | +€59,795 | +7.7% |
| Fixed assets | 21/28 | €311,369 | €297,353 | -€14,016 | -4.5% |
| Tangible fixed assets | 22/27 | €310,886 | €296,870 | -€14,016 | -4.5% |
| Land and buildings | 22 | €298,541 | €287,020 | -€11,521 | -3.9% |
| Furniture and vehicles | 24 | €1,978 | €867 | -€1,110 | -56.1% |
| Other tangible fixed assets | 26 | €10,367 | €8,983 | -€1,384 | -13.4% |
| Financial fixed assets | 28 | €483 | €483 | = | 0.0% |
| Current assets | 29/58 | €462,138 | €535,950 | +€73,811 | +16.0% |
| Amounts receivable after more than one year | 29 | €111,694 | €113,928 | +€2,234 | +2.0% |
| Trade receivables | 290 | €111,694 | €113,928 | +€2,234 | +2.0% |
| Stocks and contracts in progress | 3 | €214,863 | €268,002 | +€53,139 | +24.7% |
| Stocks | 30/36 | €214,863 | €268,002 | +€53,139 | +24.7% |
| Amounts receivable within one year | 40/41 | €1,606 | €2,310 | +€704 | +43.8% |
| Trade receivables | 40 | - | €2,310 | +€2,310 | |
| Other amounts receivable | 41 | €1,606 | €0 | -€1,606 | -100% |
| Current investments | 50/53 | €46,478 | - | -€46,478 | |
| Cash at bank and in hand | 54/58 | €86,068 | €149,858 | +€63,790 | +74.1% |
| Deferred charges and accrued income | 490/1 | €1,429 | €1,851 | +€422 | +29.5% |
| Total equity and liabilities | 10/49 | €773,507 | €833,303 | +€59,795 | +7.7% |
| Equity | 10/15 | €364,276 | €405,778 | +€41,502 | +11.4% |
| Contributions | 10/11 | €92,960 | €92,960 | = | 0.0% |
| Contributions outside capital | 11 | - | €92,960 | +€92,960 | |
| Other | 1109/19 | - | €92,960 | +€92,960 | |
| Reserves | 13 | €54,046 | €89,046 | +€35,000 | +64.8% |
| Non-distributable reserves | 130/1 | €9,296 | €9,296 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,296 | €9,296 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €35,750 | €70,750 | +€35,000 | +97.9% |
| Profit (loss) carried forward | 14 | €217,270 | €223,771 | +€6,502 | +3.0% |
| Amounts payable | 17/49 | €409,231 | €427,525 | +€18,294 | +4.5% |
| Amounts payable after more than one year | 17 | €248,230 | €232,885 | -€15,345 | -6.2% |
| Financial debts | 170/4 | €248,230 | €232,885 | -€15,345 | -6.2% |
| Amounts payable within one year | 42/48 | €118,360 | €151,999 | +€33,639 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €15,116 | €15,138 | +€22 | +0.1% |
| Trade debts | 44 | €71,932 | €103,254 | +€31,322 | +43.5% |
| Suppliers | 440/4 | €71,932 | €103,254 | +€31,322 | +43.5% |
| Taxes, remuneration and social security | 45 | €30,985 | €32,160 | +€1,176 | +3.8% |
| Taxes | 450/3 | €27,004 | €32,160 | +€5,156 | +19.1% |
| Remuneration and social security | 454/9 | €3,981 | €0 | -€3,981 | -100% |
| Other amounts payable | 47/48 | €327 | €1,447 | +€1,120 | +342% |
| Accrued charges and deferred income | 492/3 | €42,641 | €42,641 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €17,688 | €13,398 | -€4,291 | -24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,627 | €14,016 | -€1,611 | -10.3% |
| Other operating charges | 640/8 | €3,788 | €3,884 | +€96 | +2.5% |
| Non-recurring operating charges | 66A | €223 | €0 | -€223 | -100% |
| Gross operating margin | 9900 | €96,188 | €93,381 | -€2,807 | -2.9% |
| Operating profit (loss) | 9901 | €58,861 | €62,083 | +€3,222 | +5.5% |
| Financial income | 75/76B | €3,013 | €2,803 | -€210 | -7.0% |
| Recurring financial income | 75 | €3,013 | €2,803 | -€210 | -7.0% |
| Financial charges | 65/66B | €6,082 | €4,720 | -€1,362 | -22.4% |
| Recurring financial charges | 65 | €6,082 | €4,720 | -€1,362 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €55,792 | €60,167 | +€4,374 | +7.8% |
| Income taxes | 67/77 | €18,924 | €18,665 | -€259 | -1.4% |
| Profit (loss) for the period | 9904 | €36,869 | €41,502 | +€4,633 | +12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,869 | €41,502 | +€4,633 | +12.6% |
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 26 October 2026 via checked.be.