INTERACTIONS: 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.
INTERACTIONS
Largest movements
- Current investments -€221,250
down €221,250 (-100%), from €221,250 to €0
- Receivables within one year +€135,608
up €135,608 (+179%), from €75,591 to €211,199
of which Other amounts receivable: +€211,199
- Cash +€127,977
up €127,977 (+380%), from €33,649 to €161,626
mainly Current investments (+€221,250) and Receivables after one year (+€111,973)
- Receivables after one year -€111,973
down €111,973 (-40.2%), from €278,740 to €166,767
- Tax, wage and social debts -€48,690
down €48,690 (-81.2%), from €59,930 to €11,239
of which Taxes: -€50,165
- Reserves -€28,644
down €28,644 (-5.0%), from €568,990 to €540,346
- Gross operating margin -€271,108
down €271,108, from €151,878 to -€119,230
- Financial income +€138,074
up €138,074 (+1,794%), from €7,698 to €145,772
- Taxes -€64,551
down €64,551, from €60,496 to -€4,055
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 | €640,173 | €568,823 | -€71,350 | -11.1% |
| Fixed assets | 21/28 | €30,693 | €28,177 | -€2,516 | -8.2% |
| Tangible fixed assets | 22/27 | €30,643 | €28,127 | -€2,516 | -8.2% |
| Furniture and vehicles | 24 | €6,648 | €3,936 | -€2,712 | -40.8% |
| Other tangible fixed assets | 26 | €23,995 | €21,136 | -€2,859 | -11.9% |
| Assets under construction and advance payments | 27 | - | €3,055 | +€3,055 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €609,481 | €540,647 | -€68,834 | -11.3% |
| Amounts receivable after more than one year | 29 | €278,740 | €166,767 | -€111,973 | -40.2% |
| Other amounts receivable | 291 | €278,740 | €166,767 | -€111,973 | -40.2% |
| Amounts receivable within one year | 40/41 | €75,591 | €211,199 | +€135,608 | +179% |
| Trade receivables | 40 | €75,591 | €0 | -€75,591 | -100% |
| Other amounts receivable | 41 | - | €211,199 | +€211,199 | |
| Current investments | 50/53 | €221,250 | €0 | -€221,250 | -100% |
| Cash at bank and in hand | 54/58 | €33,649 | €161,626 | +€127,977 | +380% |
| Deferred charges and accrued income | 490/1 | €251 | €1,055 | +€805 | +321% |
| Total equity and liabilities | 10/49 | €640,173 | €568,823 | -€71,350 | -11.1% |
| Equity | 10/15 | €575,190 | €546,546 | -€28,644 | -5.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €568,990 | €540,346 | -€28,644 | -5.0% |
| Distributable reserves | 133 | €568,990 | €540,346 | -€28,644 | -5.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €64,983 | €22,277 | -€42,706 | -65.7% |
| Amounts payable within one year | 42/48 | €64,665 | €22,231 | -€42,435 | -65.6% |
| Trade debts | 44 | €4,736 | €10,991 | +€6,256 | +132% |
| Suppliers | 440/4 | €4,736 | €10,991 | +€6,256 | +132% |
| Taxes, remuneration and social security | 45 | €59,930 | €11,239 | -€48,690 | -81.2% |
| Taxes | 450/3 | €59,930 | €9,764 | -€50,165 | -83.7% |
| Remuneration and social security | 454/9 | - | €1,475 | +€1,475 | |
| Accrued charges and deferred income | 492/3 | €318 | €46 | -€272 | -85.4% |
| Remuneration, social security and pensions | 62 | €1,294 | €0 | -€1,294 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,818 | €5,571 | -€248 | -4.3% |
| Other operating charges | 640/8 | €1,545 | €1,047 | -€499 | -32.3% |
| Gross operating margin | 9900 | €151,878 | -€119,230 | -€271,108 | |
| Operating profit (loss) | 9901 | €143,220 | -€125,847 | -€269,067 | |
| Financial income | 75/76B | €7,698 | €145,772 | +€138,074 | +1,794% |
| Recurring financial income | 75 | €7,698 | €145,772 | +€138,074 | +1,794% |
| Financial charges | 65/66B | €121 | €268 | +€146 | +121% |
| Recurring financial charges | 65 | €121 | €268 | +€146 | +121% |
| Profit (loss) for the period before taxes | 9903 | €150,797 | €19,657 | -€131,139 | -87.0% |
| Income taxes | 67/77 | €60,496 | -€4,055 | -€64,551 | |
| Profit (loss) for the period | 9904 | €90,301 | €23,712 | -€66,589 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €90,301 | €23,712 | -€66,589 | -73.7% |
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 13 October 2026 via checked.be.