LawBase: 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.
LawBase
Largest movements
- Tangible fixed assets +€225,553
up €225,553 (+33.5%), from €672,865 to €898,418
of which Land and buildings: +€124,650
- Receivables within one year -€38,603
down €38,603 (-87.3%), from €44,196 to €5,593
of which Other amounts receivable: -€29,908
- Debts after one year +€120,315
up €120,315 (+21.8%), from €550,674 to €670,989
- Other debts +€107,272
up €107,272 (+350.6%), from €30,596 to €137,868
- Tax, wage and social debts -€32,311
down €32,311 (-84.9%), from €38,040 to €5,729
- Other operating charges -€58,347
down €58,347 (-96.0%), from €60,808 to €2,461
- Depreciation +€18,386
up €18,386 (+86.4%), from €21,283 to €39,670
- Financial charges +€13,693
up €13,693 (+82.5%), from €16,589 to €30,282
- Gross operating margin +€753
up €753 (+1.0%), from €71,822 to €72,575
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 | €723,455 | €912,120 | +€188,665 | +26.1% |
| Fixed assets | 21/28 | €674,257 | €899,810 | +€225,553 | +33.5% |
| Tangible fixed assets | 22/27 | €672,865 | €898,418 | +€225,553 | +33.5% |
| Land and buildings | 22 | €670,435 | €795,085 | +€124,650 | +18.6% |
| Plant, machinery and equipment | 23 | €2,430 | €103,334 | +€100,904 | +4152.6% |
| Financial fixed assets | 28 | €1,392 | €1,392 | = | 0.0% |
| Current assets | 29/58 | €49,198 | €12,310 | -€36,888 | -75.0% |
| Amounts receivable within one year | 40/41 | €44,196 | €5,593 | -€38,603 | -87.3% |
| Trade receivables | 40 | €13,758 | €5,062 | -€8,695 | -63.2% |
| Other amounts receivable | 41 | €30,438 | €530 | -€29,908 | -98.3% |
| Cash at bank and in hand | 54/58 | €5,002 | €6,717 | +€1,715 | +34.3% |
| Total equity and liabilities | 10/49 | €723,455 | €912,120 | +€188,665 | +26.1% |
| Equity | 10/15 | €41,829 | €41,850 | +€21 | +0.1% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €68,237 | €68,237 | = | 0.0% |
| Distributable reserves | 133 | €68,237 | €68,237 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,409 | -€26,388 | +€21 | +0.1% |
| Amounts payable | 17/49 | €681,626 | €870,270 | +€188,644 | +27.7% |
| Amounts payable after more than one year | 17 | €550,674 | €670,989 | +€120,315 | +21.8% |
| Financial debts | 170/4 | €550,674 | €670,989 | +€120,315 | +21.8% |
| Amounts payable within one year | 42/48 | €130,952 | €199,281 | +€68,329 | +52.2% |
| Current portion of amounts payable after more than one year | 42 | €20,842 | €27,037 | +€6,195 | +29.7% |
| Trade debts | 44 | €25,474 | €20,185 | -€5,289 | -20.8% |
| Suppliers | 440/4 | €25,474 | €20,185 | -€5,289 | -20.8% |
| Advances received on contracts in progress | 46 | €16,000 | €8,463 | -€7,538 | -47.1% |
| Taxes, remuneration and social security | 45 | €38,040 | €5,729 | -€32,311 | -84.9% |
| Taxes | 450/3 | €38,040 | €5,729 | -€32,311 | -84.9% |
| Other amounts payable | 47/48 | €30,596 | €137,868 | +€107,272 | +350.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,283 | €39,670 | +€18,386 | +86.4% |
| Other operating charges | 640/8 | €60,808 | €2,461 | -€58,347 | -96.0% |
| Gross operating margin | 9900 | €71,822 | €72,575 | +€753 | +1.0% |
| Operating profit (loss) | 9901 | -€10,270 | €30,444 | +€40,714 | |
| Financial income | 75/76B | €578 | €0 | -€578 | -100.0% |
| Recurring financial income | 75 | €578 | €0 | -€578 | -100.0% |
| Financial charges | 65/66B | €16,589 | €30,282 | +€13,693 | +82.5% |
| Recurring financial charges | 65 | €16,589 | €30,282 | +€13,693 | +82.5% |
| Profit (loss) for the period before taxes | 9903 | -€26,281 | €162 | +€26,443 | |
| Income taxes | 67/77 | €128 | €141 | +€13 | +10.1% |
| Profit (loss) for the period | 9904 | -€26,409 | €21 | +€26,430 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,409 | €21 | +€26,430 |
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 8 October 2026 via checked.be.