Le 830: 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.
Le 830
Largest movements
- Tangible fixed assets -€418,364
down €418,364 (-38.4%), from €1.1m to €672,150
of which Plant, machinery and equipment: -€408,456
- Receivables within one year +€84,604
up €84,604 (+29.1%), from €290,813 to €375,417
of which Other amounts receivable: +€68,176
- Debts after one year -€113,767
down €113,767 (-35.4%), from €321,435 to €207,668
- Tax, wage and social debts -€88,697
down €88,697 (-19.8%), from €449,033 to €360,336
of which Remuneration and social security: -€83,578
- Trade debts -€77,897
down €77,897 (-25.3%), from €307,335 to €229,438
- Profit (loss) carried forward -€43,176
down €43,176 (-68.6%), from -€62,905 to -€106,081
- Gross operating margin -€171,702
down €171,702 (-6.4%), from €2.7m to €2.5m
- Staff costs -€148,471
down €148,471 (-6.3%), from €2.4m to €2.2m
- Depreciation -€79,405
down €79,405 (-31.6%), from €251,451 to €172,045
- Other operating charges +€59,426
up €59,426 (+125%), from €47,635 to €107,060
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 | €1,538,129 | €1,203,090 | -€335,038 | -21.8% |
| Fixed assets | 21/28 | €1,090,515 | €672,150 | -€418,364 | -38.4% |
| Tangible fixed assets | 22/27 | €1,090,515 | €672,150 | -€418,364 | -38.4% |
| Plant, machinery and equipment | 23 | €1,079,748 | €671,292 | -€408,456 | -37.8% |
| Furniture and vehicles | 24 | €10,767 | €858 | -€9,909 | -92.0% |
| Current assets | 29/58 | €447,614 | €530,940 | +€83,326 | +18.6% |
| Stocks and contracts in progress | 3 | €61,051 | €50,282 | -€10,769 | -17.6% |
| Stocks | 30/36 | €61,051 | €50,282 | -€10,769 | -17.6% |
| Amounts receivable within one year | 40/41 | €290,813 | €375,417 | +€84,604 | +29.1% |
| Trade receivables | 40 | €12,391 | €28,820 | +€16,428 | +133% |
| Other amounts receivable | 41 | €278,422 | €346,598 | +€68,176 | +24.5% |
| Cash at bank and in hand | 54/58 | €63,644 | €72,094 | +€8,449 | +13.3% |
| Deferred charges and accrued income | 490/1 | €32,107 | €33,148 | +€1,041 | +3.2% |
| Total equity and liabilities | 10/49 | €1,538,129 | €1,203,090 | -€335,038 | -21.8% |
| Equity | 10/15 | €304,928 | €259,441 | -€45,486 | -14.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €330,752 | €330,752 | = | 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% |
| Distributable reserves | 133 | €328,892 | €328,892 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,905 | -€106,081 | -€43,176 | -68.6% |
| Investment grants | 15 | €18,481 | €16,171 | -€2,310 | -12.5% |
| Amounts payable | 17/49 | €1,233,201 | €943,649 | -€289,552 | -23.5% |
| Amounts payable after more than one year | 17 | €321,435 | €207,668 | -€113,767 | -35.4% |
| Financial debts | 170/4 | €321,435 | €207,668 | -€113,767 | -35.4% |
| Amounts payable within one year | 42/48 | €911,766 | €735,981 | -€175,785 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €155,399 | €146,208 | -€9,191 | -5.9% |
| Trade debts | 44 | €307,335 | €229,438 | -€77,897 | -25.3% |
| Suppliers | 440/4 | €307,335 | €229,438 | -€77,897 | -25.3% |
| Taxes, remuneration and social security | 45 | €449,033 | €360,336 | -€88,697 | -19.8% |
| Taxes | 450/3 | €45,229 | €40,109 | -€5,120 | -11.3% |
| Remuneration and social security | 454/9 | €403,804 | €320,227 | -€83,578 | -20.7% |
| Remuneration, social security and pensions | 62 | €2,368,084 | €2,219,613 | -€148,471 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251,451 | €172,045 | -€79,405 | -31.6% |
| Other operating charges | 640/8 | €47,635 | €107,060 | +€59,426 | +125% |
| Gross operating margin | 9900 | €2,666,401 | €2,494,699 | -€171,702 | -6.4% |
| Operating profit (loss) | 9901 | -€769 | -€4,020 | -€3,251 | -423% |
| Financial income | 75/76B | €5,079 | €7,381 | +€2,302 | +45.3% |
| Recurring financial income | 75 | €5,079 | €7,381 | +€2,302 | +45.3% |
| Financial charges | 65/66B | €66,435 | €46,156 | -€20,279 | -30.5% |
| Recurring financial charges | 65 | €66,435 | €46,156 | -€20,279 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | -€62,124 | -€42,795 | +€19,329 | +31.1% |
| Income taxes | 67/77 | €782 | €381 | -€400 | -51.2% |
| Profit (loss) for the period | 9904 | -€62,905 | -€43,176 | +€19,729 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,905 | -€43,176 | +€19,729 | +31.4% |
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 16 October 2026 via checked.be.