IN DE STATIE: 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.
IN DE STATIE
Largest movements
- Deferred charges and accrued income +€9,339
up €9,339 (+237%), from €3,940 to €13,279
- Current investments +€4,959
up €4,959 (+9.9%), from €50,000 to €54,959
- Cash +€4,014
up €4,014 (+11.7%), from €34,194 to €38,209
mainly Depreciation (+€13,634) and Other debts (+€6,760)
- Receivables within one year -€3,096
down €3,096 (-69.1%), from €4,479 to €1,383
of which Other amounts receivable: -€3,082
- Reserves -€12,632
down €12,632 (-14.8%), from €85,160 to €72,528
of which Distributable reserves: -€12,632
- Other debts +€6,760
up €6,760 (+66.0%), from €10,240 to €17,000
- Tax, wage and social debts +€6,678
up €6,678 (+27.3%), from €24,441 to €31,119
of which Remuneration and social security: +€4,774
- Debts after one year +€5,860
new in 2025: €5,860
- Current portion of long-term debt +€4,174
new in 2025: €4,174
- Gross operating margin +€29,619
up €29,619 (+13.5%), from €218,892 to €248,510
- Staff costs +€21,693
up €21,693 (+11.5%), from €189,198 to €210,891
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 | €150,926 | €167,040 | +€16,114 | +10.7% |
| Fixed assets | 21/28 | €50,947 | €52,328 | +€1,381 | +2.7% |
| Tangible fixed assets | 22/27 | €46,653 | €48,034 | +€1,381 | +3.0% |
| Land and buildings | 22 | €2,247 | €15,228 | +€12,982 | +578% |
| Plant, machinery and equipment | 23 | €36,619 | €27,241 | -€9,378 | -25.6% |
| Furniture and vehicles | 24 | €7,788 | €5,565 | -€2,223 | -28.5% |
| Financial fixed assets | 28 | €4,294 | €4,294 | = | 0.0% |
| Current assets | 29/58 | €99,979 | €114,712 | +€14,734 | +14.7% |
| Stocks and contracts in progress | 3 | €7,365 | €6,883 | -€482 | -6.5% |
| Stocks | 30/36 | €7,365 | €6,883 | -€482 | -6.5% |
| Amounts receivable within one year | 40/41 | €4,479 | €1,383 | -€3,096 | -69.1% |
| Trade receivables | 40 | €14 | - | -€14 | |
| Other amounts receivable | 41 | €4,465 | €1,383 | -€3,082 | -69.0% |
| Current investments | 50/53 | €50,000 | €54,959 | +€4,959 | +9.9% |
| Cash at bank and in hand | 54/58 | €34,194 | €38,209 | +€4,014 | +11.7% |
| Deferred charges and accrued income | 490/1 | €3,940 | €13,279 | +€9,339 | +237% |
| Total equity and liabilities | 10/49 | €150,926 | €167,040 | +€16,114 | +10.7% |
| Equity | 10/15 | €101,339 | €90,214 | -€11,125 | -11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,160 | €72,528 | -€12,632 | -14.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €83,300 | €70,668 | -€12,632 | -15.2% |
| Profit (loss) carried forward | 14 | -€2,421 | -€914 | +€1,507 | +62.2% |
| Amounts payable | 17/49 | €49,587 | €76,827 | +€27,239 | +54.9% |
| Amounts payable after more than one year | 17 | - | €5,860 | +€5,860 | |
| Financial debts | 170/4 | - | €5,860 | +€5,860 | |
| Amounts payable within one year | 42/48 | €49,587 | €70,967 | +€21,379 | +43.1% |
| Current portion of amounts payable after more than one year | 42 | - | €4,174 | +€4,174 | |
| Trade debts | 44 | €14,906 | €18,674 | +€3,768 | +25.3% |
| Suppliers | 440/4 | €14,906 | €18,674 | +€3,768 | +25.3% |
| Taxes, remuneration and social security | 45 | €24,441 | €31,119 | +€6,678 | +27.3% |
| Taxes | 450/3 | €14,990 | €16,894 | +€1,904 | +12.7% |
| Remuneration and social security | 454/9 | €9,451 | €14,225 | +€4,774 | +50.5% |
| Other amounts payable | 47/48 | €10,240 | €17,000 | +€6,760 | +66.0% |
| Remuneration, social security and pensions | 62 | €189,198 | €210,891 | +€21,693 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,158 | €13,634 | +€1,476 | +12.1% |
| Other operating charges | 640/8 | €19,470 | €20,525 | +€1,055 | +5.4% |
| Gross operating margin | 9900 | €218,892 | €248,510 | +€29,619 | +13.5% |
| Operating profit (loss) | 9901 | -€1,934 | €3,461 | +€5,395 | |
| Financial income | 75/76B | €450 | €175 | -€275 | -61.2% |
| Recurring financial income | 75 | €450 | €175 | -€275 | -61.2% |
| Financial charges | 65/66B | €334 | €1,897 | +€1,563 | +467% |
| Recurring financial charges | 65 | €334 | €1,897 | +€1,563 | +467% |
| Profit (loss) for the period before taxes | 9903 | -€1,819 | €1,738 | +€3,557 | |
| Income taxes | 67/77 | €243 | €231 | -€11 | -4.6% |
| Profit (loss) for the period | 9904 | -€2,062 | €1,507 | +€3,568 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,062 | €1,507 | +€3,568 |
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 29 October 2026 via checked.be.