Interface 3: 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.
Interface 3
Largest movements
- Deferred charges and accrued income -€42,802
down €42,802 (-73.1%), from €58,565 to €15,763
- Cash +€22,389
up €22,389 (+18.4%), from €121,729 to €144,118
mainly Debts within one year (+€249,819) and Deferred charges and accrued income (+€42,802)
- Receivables within one year +€17,734
up €17,734 (+2.0%), from €868,283 to €886,017
of which Trade receivables: +€42,127
- Intangible fixed assets -€15,934
down €15,934 (-28.8%), from €55,288 to €39,354
- Tangible fixed assets -€14,920
down €14,920 (-35.1%), from €42,538 to €27,618
of which Plant, machinery and equipment: -€9,827
- Debts within one year +€249,819
up €249,819 (+25.0%), from €997,634 to €1.2m
- Profit (loss) carried forward -€248,651
down €248,651 (-410.5%), from -€60,576 to -€309,227
- Accrued charges and deferred income -€34,701
down €34,701 (-86.1%), from €40,303 to €5,602
- Gross operating margin -€1.9m
no longer reported in 2025 (was €1.9m)
- Services and other goods +€1.1m
new in 2025: €1.1m
- Other operating income +€322,012
new in 2025: €322,012
- Staff costs +€32,540
up €32,540 (+1.9%), from €1.7m to €1.8m
- Turnover +€21,471
new in 2025: €21,471
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 | €1,147,081 | €1,113,548 | -€33,533 | -2.9% |
| Fixed assets | 21/28 | €98,504 | €67,650 | -€30,854 | -31.3% |
| Intangible fixed assets | 21 | €55,288 | €39,354 | -€15,934 | -28.8% |
| Tangible fixed assets | 22/27 | €42,538 | €27,618 | -€14,920 | -35.1% |
| Plant, machinery and equipment | 23 | €15,299 | €5,472 | -€9,827 | -64.2% |
| Furniture and vehicles | 24 | €2,968 | €1,424 | -€1,544 | -52.0% |
| Other tangible fixed assets | 26 | €24,271 | €20,722 | -€3,549 | -14.6% |
| Financial fixed assets | 28 | €678 | €678 | = | 0.0% |
| Other financial fixed assets | 284/8 | - | €678 | +€678 | |
| Amounts receivable and cash guarantees | 285/8 | - | €678 | +€678 | |
| Current assets | 29/58 | €1,048,577 | €1,045,898 | -€2,679 | -0.3% |
| Amounts receivable within one year | 40/41 | €868,283 | €886,017 | +€17,734 | +2.0% |
| Trade receivables | 40 | €2,704 | €44,831 | +€42,127 | +1558.0% |
| Other amounts receivable | 41 | €865,579 | €841,186 | -€24,393 | -2.8% |
| Cash at bank and in hand | 54/58 | €121,729 | €144,118 | +€22,389 | +18.4% |
| Deferred charges and accrued income | 490/1 | €58,565 | €15,763 | -€42,802 | -73.1% |
| Total equity and liabilities | 10/49 | €1,147,081 | €1,113,548 | -€33,533 | -2.9% |
| Equity | 10/15 | €99,144 | -€149,507 | -€248,651 | |
| Reserves | 13 | €159,720 | €159,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,576 | -€309,227 | -€248,651 | -410.5% |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €1,037,937 | €1,253,055 | +€215,118 | +20.7% |
| Amounts payable within one year | 42/48 | €997,634 | €1,247,453 | +€249,819 | +25.0% |
| Financial debts | 43 | €579,969 | €590,801 | +€10,832 | +1.9% |
| Credit institutions | 430/8 | €79,969 | €40,801 | -€39,168 | -49.0% |
| Other loans | 439 | €500,000 | €550,000 | +€50,000 | +10.0% |
| Trade debts | 44 | €133,994 | €247,331 | +€113,337 | +84.6% |
| Suppliers | 440/4 | €133,994 | €247,331 | +€113,337 | +84.6% |
| Taxes, remuneration and social security | 45 | €269,669 | €325,319 | +€55,650 | +20.6% |
| Taxes | 450/3 | €70,819 | €51,743 | -€19,076 | -26.9% |
| Remuneration and social security | 454/9 | €198,850 | €273,576 | +€74,726 | +37.6% |
| Accrued charges and deferred income | 492/3 | €40,303 | €5,602 | -€34,701 | -86.1% |
| Operating income | 70/76A | - | €2,686,652 | +€2.7m | |
| Turnover | 70 | - | €21,471 | +€21,471 | |
| Membership fees, donations, legacies and grants | 73 | - | €2,343,169 | +€2.3m | |
| Other operating income | 74 | - | €322,012 | +€322,012 | |
| Operating charges | 60/66A | - | €2,903,440 | +€2.9m | |
| Services and other goods | 61 | - | €1,121,212 | +€1.1m | |
| Remuneration, social security and pensions | 62 | €1,717,738 | €1,750,278 | +€32,540 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,405 | €30,854 | -€10,551 | -25.5% |
| Other operating charges | 640/8 | €1,402 | €630 | -€772 | -55.1% |
| Non-recurring operating charges | 66A | €76,041 | €466 | -€75,575 | -99.4% |
| Gross operating margin | 9900 | €1,896,248 | - | -€1.9m | |
| Operating profit (loss) | 9901 | €49,662 | -€216,788 | -€266,450 | |
| Financial income | 75/76B | €279 | €222 | -€57 | -20.4% |
| Recurring financial income | 75 | €279 | €222 | -€57 | -20.4% |
| Income from current assets | 751 | - | €222 | +€222 | |
| Financial charges | 65/66B | €44,474 | €32,085 | -€12,389 | -27.9% |
| Recurring financial charges | 65 | €44,474 | €32,085 | -€12,389 | -27.9% |
| Debt charges | 650 | - | €22,424 | +€22,424 | |
| Other financial charges | 652/9 | - | €9,661 | +€9,661 | |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €5,467 | -€248,651 | -€254,118 | |
| Profit (loss) for the period | 9904 | €5,467 | -€248,651 | -€254,118 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,467 | -€248,651 | -€254,118 |
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 11 October 2026 via checked.be.