LA PARTICULE: 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.
LA PARTICULE
Largest movements
- Cash +€65,386
up €65,386 (+32.7%), from €200,030 to €265,416
mainly Net result for the year (+€64,469) and Depreciation (+€17,061)
- Receivables within one year +€10,082
up €10,082 (+16.0%), from €63,195 to €73,277
of which Other amounts receivable: +€67,762
- Tangible fixed assets -€9,061
down €9,061 (-3.8%), from €236,866 to €227,805
of which Land and buildings: -€11,419
- Profit (loss) carried forward +€64,469
up €64,469 (+28.2%), from €228,215 to €292,684
- Debts within one year +€11,938
up €11,938 (+14.2%), from €84,133 to €96,071
of which Tax, wage and social debts: +€10,329
- Debts after one year -€9,175
down €9,175 (-5.3%), from €172,994 to €163,819
- Gross operating margin +€52,759
up €52,759 (+10.0%), from €528,986 to €581,744
- Purchases and services -€36,706
no longer reported in 2025 (was €36,706)
- Staff costs +€15,602
up €15,602 (+3.2%), from €480,099 to €495,701
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 | €500,341 | €567,573 | +€67,232 | +13.4% |
| Fixed assets | 21/28 | €237,116 | €228,880 | -€8,236 | -3.5% |
| Intangible fixed assets | 21 | - | €1,075 | +€1,075 | |
| Tangible fixed assets | 22/27 | €236,866 | €227,805 | -€9,061 | -3.8% |
| Land and buildings | 22 | €229,117 | €217,698 | -€11,419 | -5.0% |
| Furniture and vehicles | 24 | €7,749 | €3,558 | -€4,191 | -54.1% |
| Other tangible fixed assets | 26 | - | €6,549 | +€6,549 | |
| Financial fixed assets | 28 | €250 | - | -€250 | |
| Current assets | 29/58 | €263,225 | €338,693 | +€75,468 | +28.7% |
| Amounts receivable within one year | 40/41 | €63,195 | €73,277 | +€10,082 | +16.0% |
| Trade receivables | 40 | €63,195 | €5,515 | -€57,680 | -91.3% |
| Other amounts receivable | 41 | - | €67,762 | +€67,762 | |
| Cash at bank and in hand | 54/58 | €200,030 | €265,416 | +€65,386 | +32.7% |
| Total equity and liabilities | 10/49 | €500,341 | €567,573 | +€67,232 | +13.4% |
| Equity | 10/15 | €243,215 | €307,684 | +€64,469 | +26.5% |
| Profit (loss) carried forward | 14 | €228,215 | €292,684 | +€64,469 | +28.2% |
| Investment grants | 15 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable | 17/49 | €257,126 | €259,889 | +€2,763 | +1.1% |
| Amounts payable after more than one year | 17 | €172,994 | €163,819 | -€9,175 | -5.3% |
| Financial debts | 170/4 | €172,994 | €163,819 | -€9,175 | -5.3% |
| Amounts payable within one year | 42/48 | €84,133 | €96,071 | +€11,938 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €8,968 | €9,175 | +€207 | +2.3% |
| Trade debts | 44 | €1,449 | €2,851 | +€1,402 | +96.7% |
| Suppliers | 440/4 | €1,449 | €2,851 | +€1,402 | +96.7% |
| Taxes, remuneration and social security | 45 | €62,716 | €73,045 | +€10,329 | +16.5% |
| Taxes | 450/3 | €6,336 | €12,616 | +€6,280 | +99.1% |
| Remuneration and social security | 454/9 | €56,379 | €60,429 | +€4,050 | +7.2% |
| Turnover | 70 | €3,120 | - | -€3,120 | |
| Membership fees, donations, legacies and grants | 73 | - | €590,020 | +€590,020 | |
| Goods, raw materials, services and sundry goods | 60/61 | €36,706 | - | -€36,706 | |
| Remuneration, social security and pensions | 62 | €480,099 | €495,701 | +€15,602 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,219 | €17,061 | -€158 | -0.9% |
| Other operating charges | 640/8 | €661 | €669 | +€8 | +1.3% |
| Gross operating margin | 9900 | €528,986 | €581,744 | +€52,759 | +10.0% |
| Operating profit (loss) | 9901 | €31,007 | €68,313 | +€37,306 | +120% |
| Financial income | 75/76B | €66 | €475 | +€409 | +621% |
| Recurring financial income | 75 | €66 | €475 | +€409 | +621% |
| Financial charges | 65/66B | €4,531 | €4,319 | -€212 | -4.7% |
| Recurring financial charges | 65 | €4,529 | €4,319 | -€210 | -4.6% |
| Non-recurring financial charges | 66B | €2 | - | -€2 | |
| Profit (loss) for the period before taxes | 9903 | €26,542 | €64,469 | +€37,927 | +143% |
| Profit (loss) for the period | 9904 | €26,542 | €64,469 | +€37,927 | +143% |
| Profit (loss) for the period to be appropriated | 9905 | €26,542 | €64,469 | +€37,927 | +143% |
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 19 October 2026 via checked.be.