La Ligne 147: what changed
La Ligne 147
Largest movements
- Cash -€33,495
down €33,495 (-69.9%), from €47,951 to €14,456
mainly Net result for the year (-€41,951) and Receivables within one year (-€26,481)
- Receivables within one year +€26,481
up €26,481 (+83.3%), from €31,774 to €58,255
of which Trade receivables: +€16,554
- Tangible fixed assets -€17,990
down €17,990 (-14.2%), from €126,488 to €108,498
of which Plant, machinery and equipment: -€14,616
- Intangible fixed assets -€9,000
down €9,000 (-33.3%), from €27,000 to €18,000
- Deferred charges and accrued income -€5,620
down €5,620 (-56.7%), from €9,917 to €4,297
- Profit (loss) carried forward -€41,951
down €41,951, from €14,208 to -€27,744
- Debts after one year +€21,764
up €21,764 (+76.6%), from €28,407 to €50,171
- Accrued charges and deferred income -€14,109
no longer reported in 2025 (was €14,109)
- Trade debts -€11,827
down €11,827 (-10.9%), from €108,753 to €96,926
- Short-term financial debts +€8,348
new in 2025: €8,348
- Staff costs +€77,684
up €77,684 (+38.1%), from €204,102 to €281,786
- Gross operating margin +€20,928
up €20,928 (+7.6%), from €276,237 to €297,165
- Taxes -€8,172
down €8,172 (-89.4%), from €9,143 to €971
- Depreciation +€6,262
up €6,262 (+16.1%), from €38,925 to €45,187
- Other operating charges +€3,244
up €3,244 (+225%), from €1,444 to €4,688
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €256,606 | €216,559 | -€40,047 | -15.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €153,488 | €126,498 | -€26,990 | -17.6% |
| Intangible fixed assets | 21 | €27,000 | €18,000 | -€9,000 | -33.3% |
| Tangible fixed assets | 22/27 | €126,488 | €108,498 | -€17,990 | -14.2% |
| Plant, machinery and equipment | 23 | €89,945 | €75,329 | -€14,616 | -16.2% |
| Furniture and vehicles | 24 | €26,761 | €19,035 | -€7,726 | -28.9% |
| Other tangible fixed assets | 26 | €9,782 | €14,134 | +€4,352 | +44.5% |
| Current assets | 29/58 | €103,118 | €90,061 | -€13,057 | -12.7% |
| Stocks and contracts in progress | 3 | €13,475 | €13,053 | -€422 | -3.1% |
| Stocks | 30/36 | €13,475 | €13,053 | -€422 | -3.1% |
| Amounts receivable within one year | 40/41 | €31,774 | €58,255 | +€26,481 | +83.3% |
| Trade receivables | 40 | €4,687 | €21,241 | +€16,554 | +353% |
| Other amounts receivable | 41 | €27,087 | €37,014 | +€9,927 | +36.6% |
| Cash at bank and in hand | 54/58 | €47,951 | €14,456 | -€33,495 | -69.9% |
| Deferred charges and accrued income | 490/1 | €9,917 | €4,297 | -€5,620 | -56.7% |
| Total equity and liabilities | 10/49 | €256,606 | €216,559 | -€40,047 | -15.6% |
| Equity | 10/15 | €22,268 | -€19,684 | -€41,951 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,208 | -€27,744 | -€41,951 | |
| Amounts payable | 17/49 | €234,338 | €236,243 | +€1,904 | +0.8% |
| Amounts payable after more than one year | 17 | €28,407 | €50,171 | +€21,764 | +76.6% |
| Financial debts | 170/4 | €28,407 | €50,171 | +€21,764 | +76.6% |
| Amounts payable within one year | 42/48 | €191,822 | €186,072 | -€5,750 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €18,144 | €23,514 | +€5,369 | +29.6% |
| Financial debts | 43 | - | €8,348 | +€8,348 | |
| Credit institutions | 430/8 | - | €8,348 | +€8,348 | |
| Trade debts | 44 | €108,753 | €96,926 | -€11,827 | -10.9% |
| Suppliers | 440/4 | €108,753 | €96,926 | -€11,827 | -10.9% |
| Advances received on contracts in progress | 46 | - | €200 | +€200 | |
| Taxes, remuneration and social security | 45 | €48,260 | €45,119 | -€3,142 | -6.5% |
| Taxes | 450/3 | €38,952 | €29,835 | -€9,117 | -23.4% |
| Remuneration and social security | 454/9 | €9,309 | €15,284 | +€5,975 | +64.2% |
| Other amounts payable | 47/48 | €16,665 | €11,967 | -€4,698 | -28.2% |
| Accrued charges and deferred income | 492/3 | €14,109 | - | -€14,109 | |
| Remuneration, social security and pensions | 62 | €204,102 | €281,786 | +€77,684 | +38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,925 | €45,187 | +€6,262 | +16.1% |
| Other operating charges | 640/8 | €1,444 | €4,688 | +€3,244 | +225% |
| Gross operating margin | 9900 | €276,237 | €297,165 | +€20,928 | +7.6% |
| Operating profit (loss) | 9901 | €31,766 | -€34,496 | -€66,261 | |
| Financial income | 75/76B | €20 | €34 | +€14 | +68.5% |
| Recurring financial income | 75 | €20 | €34 | +€14 | +68.5% |
| Financial charges | 65/66B | €5,987 | €6,519 | +€532 | +8.9% |
| Recurring financial charges | 65 | €5,987 | €6,519 | +€532 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €25,799 | -€40,981 | -€66,779 | |
| Income taxes | 67/77 | €9,143 | €971 | -€8,172 | -89.4% |
| Profit (loss) for the period | 9904 | €16,656 | -€41,951 | -€58,607 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,656 | -€41,951 | -€58,607 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.