L'ANGLAIS: 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.
L'ANGLAIS
Largest movements
- Deferred charges and accrued income -€19,989
down €19,989 (-22.2%), from €89,888 to €69,899
- Tangible fixed assets -€18,768
down €18,768 (-26.2%), from €71,731 to €52,963
of which Land and buildings: -€16,200
- Cash +€18,758
up €18,758 (+3.2%), from €584,113 to €602,871
mainly Net result for the year (+€28,594) and Depreciation (+€28,373)
- Tax, wage and social debts -€42,228
down €42,228 (-91.8%), from €45,978 to €3,750
- Reserves +€27,761
up €27,761 (+3.9%), from €708,762 to €736,523
of which Distributable reserves: +€27,761
- Gross operating margin -€167,851
down €167,851 (-41.3%), from €406,227 to €238,376
- Financial charges -€40,307
down €40,307 (-19.4%), from €207,993 to €167,686
- Taxes -€37,563
down €37,563 (-75.5%), from €49,765 to €12,202
- Other operating charges -€4,988
down €4,988 (-49.8%), from €10,018 to €5,030
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 | €775,092 | €760,170 | -€14,922 | -1.9% |
| Fixed assets | 21/28 | €82,831 | €64,063 | -€18,768 | -22.7% |
| Tangible fixed assets | 22/27 | €71,731 | €52,963 | -€18,768 | -26.2% |
| Land and buildings | 22 | €32,400 | €16,200 | -€16,200 | -50.0% |
| Furniture and vehicles | 24 | €14,149 | €17,795 | +€3,647 | +25.8% |
| Other tangible fixed assets | 26 | €25,182 | €18,968 | -€6,215 | -24.7% |
| Financial fixed assets | 28 | €11,100 | €11,100 | = | 0.0% |
| Current assets | 29/58 | €692,261 | €696,107 | +€3,846 | +0.6% |
| Amounts receivable within one year | 40/41 | €18,260 | €23,336 | +€5,076 | +27.8% |
| Trade receivables | 40 | €1,378 | - | -€1,378 | |
| Other amounts receivable | 41 | €16,882 | €23,336 | +€6,455 | +38.2% |
| Cash at bank and in hand | 54/58 | €584,113 | €602,871 | +€18,758 | +3.2% |
| Deferred charges and accrued income | 490/1 | €89,888 | €69,899 | -€19,989 | -22.2% |
| Total equity and liabilities | 10/49 | €775,092 | €760,170 | -€14,922 | -1.9% |
| Equity | 10/15 | €727,362 | €755,123 | +€27,761 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €708,762 | €736,523 | +€27,761 | +3.9% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €690,012 | €717,773 | +€27,761 | +4.0% |
| Amounts payable | 17/49 | €47,730 | €5,047 | -€42,683 | -89.4% |
| Amounts payable within one year | 42/48 | €47,730 | €5,047 | -€42,683 | -89.4% |
| Trade debts | 44 | €952 | €464 | -€488 | -51.2% |
| Suppliers | 440/4 | €952 | €464 | -€488 | -51.2% |
| Taxes, remuneration and social security | 45 | €45,978 | €3,750 | -€42,228 | -91.8% |
| Taxes | 450/3 | €45,978 | €3,750 | -€42,228 | -91.8% |
| Other amounts payable | 47/48 | €800 | €833 | +€33 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,100 | €28,373 | -€1,727 | -5.7% |
| Other operating charges | 640/8 | €10,018 | €5,030 | -€4,988 | -49.8% |
| Gross operating margin | 9900 | €406,227 | €238,376 | -€167,851 | -41.3% |
| Operating profit (loss) | 9901 | €366,109 | €204,973 | -€161,136 | -44.0% |
| Financial income | 75/76B | €1,386 | €3,509 | +€2,123 | +153% |
| Recurring financial income | 75 | €1,386 | €3,509 | +€2,123 | +153% |
| Financial charges | 65/66B | €207,993 | €167,686 | -€40,307 | -19.4% |
| Recurring financial charges | 65 | €207,993 | €167,686 | -€40,307 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €159,501 | €40,795 | -€118,706 | -74.4% |
| Income taxes | 67/77 | €49,765 | €12,202 | -€37,563 | -75.5% |
| Profit (loss) for the period | 9904 | €109,737 | €28,594 | -€81,143 | -73.9% |
| Profit (loss) for the period to be appropriated | 9905 | €109,737 | €28,594 | -€81,143 | -73.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.