La Source vive: what changed
Two fiscal 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 Source vive
Largest movements
- Cash +€354,028
up €354,028 (+56.8%), from €622,808 to €976,836
mainly Current investments (+€195,271) and Contributions, distributions and other (+€126,199)
- Current investments -€195,271
down €195,271 (-27.9%), from €698,704 to €503,433
- Receivables within one year -€39,114
down €39,114 (-24.2%), from €161,470 to €122,356
of which Other amounts receivable: -€68,462
- Deferred charges and accrued income -€19,588
down €19,588 (-49.1%), from €39,890 to €20,302
- Investment grants +€126,199
up €126,199 (+290.0%), from €43,523 to €169,722
- Debts within one year -€49,733
down €49,733 (-7.6%), from €651,152 to €601,419
of which Trade debts: -€37,968
- Profit (loss) carried forward +€35,278
up €35,278 (+9.2%), from €382,402 to €417,680
- Staff costs +€164,212
up €164,212 (+5.8%), from €2.8m to €3.0m
- Gross operating margin +€37,211
up €37,211 (+1.2%), from €3.1m to €3.1m
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 | €1,820,267 | €1,925,134 | +€104,867 | +5.8% |
| Fixed assets | 21/28 | €297,395 | €302,207 | +€4,812 | +1.6% |
| Tangible fixed assets | 22/27 | €297,245 | €302,057 | +€4,812 | +1.6% |
| Land and buildings | 22 | €217,492 | €197,382 | -€20,110 | -9.2% |
| Plant, machinery and equipment | 23 | €23,798 | €52,473 | +€28,675 | +120.5% |
| Furniture and vehicles | 24 | €33,391 | €25,055 | -€8,336 | -25.0% |
| Assets under construction and advance payments | 27 | €22,564 | €27,147 | +€4,583 | +20.3% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €1,522,872 | €1,622,927 | +€100,055 | +6.6% |
| Amounts receivable within one year | 40/41 | €161,470 | €122,356 | -€39,114 | -24.2% |
| Trade receivables | 40 | €9,704 | €39,052 | +€29,348 | +302.4% |
| Other amounts receivable | 41 | €151,766 | €83,304 | -€68,462 | -45.1% |
| Current investments | 50/53 | €698,704 | €503,433 | -€195,271 | -27.9% |
| Cash at bank and in hand | 54/58 | €622,808 | €976,836 | +€354,028 | +56.8% |
| Deferred charges and accrued income | 490/1 | €39,890 | €20,302 | -€19,588 | -49.1% |
| Total equity and liabilities | 10/49 | €1,820,267 | €1,925,134 | +€104,867 | +5.8% |
| Equity | 10/15 | €1,162,135 | €1,323,612 | +€161,477 | +13.9% |
| Contributions | 10/11 | €736,210 | €736,210 | = | 0.0% |
| Capital | 10 | €736,210 | €736,210 | = | 0.0% |
| Profit (loss) carried forward | 14 | €382,402 | €417,680 | +€35,278 | +9.2% |
| Investment grants | 15 | €43,523 | €169,722 | +€126,199 | +290.0% |
| Amounts payable | 17/49 | €658,132 | €601,522 | -€56,610 | -8.6% |
| Amounts payable within one year | 42/48 | €651,152 | €601,419 | -€49,733 | -7.6% |
| Trade debts | 44 | €66,471 | €28,503 | -€37,968 | -57.1% |
| Suppliers | 440/4 | €66,471 | €28,503 | -€37,968 | -57.1% |
| Taxes, remuneration and social security | 45 | €487,266 | €542,187 | +€54,921 | +11.3% |
| Taxes | 450/3 | €87,623 | €92,148 | +€4,525 | +5.2% |
| Remuneration and social security | 454/9 | €399,643 | €450,039 | +€50,396 | +12.6% |
| Accrued charges and deferred income | 492/3 | €6,980 | €103 | -€6,877 | -98.5% |
| Non-recurring operating income | 76A | €292 | - | -€292 | |
| Goods, raw materials, services and sundry goods | 60/61 | €286,869 | €313,610 | +€26,741 | +9.3% |
| Remuneration, social security and pensions | 62 | €2,837,211 | €3,001,423 | +€164,212 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,094 | €59,737 | +€1,643 | +2.8% |
| Other operating charges | 640/8 | €39,963 | €27,356 | -€12,607 | -31.5% |
| Non-recurring operating charges | 66A | €24,273 | - | -€24,273 | |
| Gross operating margin | 9900 | €3,063,476 | €3,100,687 | +€37,211 | +1.2% |
| Operating profit (loss) | 9901 | €103,935 | €12,171 | -€91,764 | -88.3% |
| Financial income | 75/76B | €28,702 | €23,690 | -€5,012 | -17.5% |
| Recurring financial income | 75 | €28,702 | €23,690 | -€5,012 | -17.5% |
| Financial charges | 65/66B | €568 | €583 | +€15 | +2.6% |
| Recurring financial charges | 65 | €568 | €583 | +€15 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €132,069 | €35,278 | -€96,791 | -73.3% |
| Profit (loss) for the period | 9904 | €132,069 | €35,278 | -€96,791 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €132,069 | €35,278 | -€96,791 | -73.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.