INPRESSION: 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.
INPRESSION
Largest movements
- Tangible fixed assets -€19,182
down €19,182 (-5.8%), from €332,460 to €313,278
of which Furniture and vehicles: -€11,788
- Cash +€15,588
up €15,588 (+54.7%), from €28,480 to €44,068
mainly Net result for the year (+€19,314) and Depreciation (+€19,279)
- Receivables within one year -€10,855
down €10,855 (-84.4%), from €12,865 to €2,010
of which Trade receivables: -€11,871
- Debts after one year -€22,459
down €22,459 (-10.4%), from €216,665 to €194,206
- Other debts +€14,266
up €14,266 (+170%), from €8,397 to €22,663
- Current portion of long-term debt -€5,396
down €5,396 (-19.2%), from €28,076 to €22,681
- Tax, wage and social debts +€4,022
up €4,022 (+31.7%), from €12,678 to €16,700
of which Taxes: +€4,000
- Depreciation +€5,191
up €5,191 (+36.8%), from €14,088 to €19,279
- Gross operating margin -€4,108
down €4,108 (-7.0%), from €58,989 to €54,881
- Taxes -€2,072
down €2,072 (-19.2%), from €10,783 to €8,711
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 | €374,462 | €361,412 | -€13,051 | -3.5% |
| Fixed assets | 21/28 | €332,550 | €314,771 | -€17,779 | -5.3% |
| Intangible fixed assets | 21 | - | €1,403 | +€1,403 | |
| Tangible fixed assets | 22/27 | €332,460 | €313,278 | -€19,182 | -5.8% |
| Land and buildings | 22 | €281,110 | €273,717 | -€7,393 | -2.6% |
| Furniture and vehicles | 24 | €51,350 | €39,561 | -€11,788 | -23.0% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €41,913 | €46,641 | +€4,728 | +11.3% |
| Amounts receivable within one year | 40/41 | €12,865 | €2,010 | -€10,855 | -84.4% |
| Trade receivables | 40 | €12,865 | €994 | -€11,871 | -92.3% |
| Other amounts receivable | 41 | €0 | €1,016 | +€1,016 | |
| Cash at bank and in hand | 54/58 | €28,480 | €44,068 | +€15,588 | +54.7% |
| Deferred charges and accrued income | 490/1 | €568 | €563 | -€5 | -0.9% |
| Total equity and liabilities | 10/49 | €374,462 | €361,412 | -€13,051 | -3.5% |
| Equity | 10/15 | €106,644 | €103,127 | -€3,517 | -3.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €94,244 | €90,727 | -€3,517 | -3.7% |
| Distributable reserves | 133 | €94,244 | €90,727 | -€3,517 | -3.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €267,819 | €258,285 | -€9,534 | -3.6% |
| Amounts payable after more than one year | 17 | €216,665 | €194,206 | -€22,459 | -10.4% |
| Financial debts | 170/4 | €216,665 | €194,206 | -€22,459 | -10.4% |
| Amounts payable within one year | 42/48 | €50,228 | €63,524 | +€13,297 | +26.5% |
| Current portion of amounts payable after more than one year | 42 | €28,076 | €22,681 | -€5,396 | -19.2% |
| Trade debts | 44 | €1,076 | €1,480 | +€404 | +37.6% |
| Suppliers | 440/4 | €1,076 | €1,480 | +€404 | +37.6% |
| Taxes, remuneration and social security | 45 | €12,678 | €16,700 | +€4,022 | +31.7% |
| Taxes | 450/3 | €10,367 | €14,367 | +€4,000 | +38.6% |
| Remuneration and social security | 454/9 | €2,312 | €2,333 | +€22 | +0.9% |
| Other amounts payable | 47/48 | €8,397 | €22,663 | +€14,266 | +170% |
| Accrued charges and deferred income | 492/3 | €926 | €554 | -€371 | -40.1% |
| Non-recurring operating income | 76A | €9,250 | €0 | -€9,250 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,088 | €19,279 | +€5,191 | +36.8% |
| Other operating charges | 640/8 | €1,964 | €1,502 | -€462 | -23.5% |
| Gross operating margin | 9900 | €58,989 | €54,881 | -€4,108 | -7.0% |
| Operating profit (loss) | 9901 | €42,938 | €34,100 | -€8,837 | -20.6% |
| Financial income | 75/76B | €91 | €1 | -€90 | -98.9% |
| Recurring financial income | 75 | €91 | €1 | -€90 | -98.9% |
| Financial charges | 65/66B | €5,732 | €6,077 | +€344 | +6.0% |
| Recurring financial charges | 65 | €5,732 | €6,077 | +€344 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €37,296 | €28,025 | -€9,271 | -24.9% |
| Income taxes | 67/77 | €10,783 | €8,711 | -€2,072 | -19.2% |
| Profit (loss) for the period | 9904 | €26,513 | €19,314 | -€7,200 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,513 | €19,314 | -€7,200 | -27.2% |
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 14 October 2026 via checked.be.