LE DIXIEME: 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 DIXIEME
Largest movements
- Cash -€11,928
down €11,928 (-96.0%), from €12,419 to €491
mainly Debts after one year (-€22,933) and Tax, wage and social debts (-€13,759)
- Receivables within one year -€9,983
down €9,983 (-25.4%), from €39,263 to €29,280
of which Other amounts receivable: -€12,601
- Debts after one year -€22,933
down €22,933 (-11.7%), from €196,654 to €173,721
- Tax, wage and social debts -€13,759
down €13,759 (-34.1%), from €40,363 to €26,604
- Profit (loss) carried forward +€12,741
up €12,741 (+17.2%), from €73,966 to €86,706
- Other operating charges +€5,250
new in 2025: €5,250
- Gross operating margin +€4,570
up €4,570 (+11.8%), from €38,729 to €43,299
- Financial charges +€2,433
up €2,433 (+39.4%), from €6,169 to €8,602
- Taxes -€1,484
down €1,484 (-23.9%), from €6,222 to €4,738
- Depreciation +€935
up €935 (+8.5%), from €11,034 to €11,969
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 | €359,238 | €337,594 | -€21,644 | -6.0% |
| Fixed assets | 21/28 | €307,556 | €307,823 | +€267 | +0.1% |
| Tangible fixed assets | 22/27 | €307,556 | €307,823 | +€267 | +0.1% |
| Land and buildings | 22 | €306,984 | €296,380 | -€10,604 | -3.5% |
| Plant, machinery and equipment | 23 | €571 | - | -€571 | |
| Furniture and vehicles | 24 | - | €11,443 | +€11,443 | |
| Current assets | 29/58 | €51,683 | €29,771 | -€21,911 | -42.4% |
| Amounts receivable within one year | 40/41 | €39,263 | €29,280 | -€9,983 | -25.4% |
| Trade receivables | 40 | - | €2,618 | +€2,618 | |
| Other amounts receivable | 41 | €39,263 | €26,662 | -€12,601 | -32.1% |
| Cash at bank and in hand | 54/58 | €12,419 | €491 | -€11,928 | -96.0% |
| Total equity and liabilities | 10/49 | €359,238 | €337,594 | -€21,644 | -6.0% |
| Equity | 10/15 | €92,566 | €105,306 | +€12,741 | +13.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,966 | €86,706 | +€12,741 | +17.2% |
| Amounts payable | 17/49 | €266,672 | €232,288 | -€34,385 | -12.9% |
| Amounts payable after more than one year | 17 | €196,654 | €173,721 | -€22,933 | -11.7% |
| Financial debts | 170/4 | €196,654 | €173,721 | -€22,933 | -11.7% |
| Amounts payable within one year | 42/48 | €70,019 | €58,567 | -€11,452 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €22,418 | €22,933 | +€515 | +2.3% |
| Trade debts | 44 | €7,238 | €8,063 | +€825 | +11.4% |
| Suppliers | 440/4 | €7,238 | €8,063 | +€825 | +11.4% |
| Taxes, remuneration and social security | 45 | €40,363 | €26,604 | -€13,759 | -34.1% |
| Taxes | 450/3 | €40,363 | €26,604 | -€13,759 | -34.1% |
| Other amounts payable | 47/48 | - | €967 | +€967 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,034 | €11,969 | +€935 | +8.5% |
| Other operating charges | 640/8 | - | €5,250 | +€5,250 | |
| Gross operating margin | 9900 | €38,729 | €43,299 | +€4,570 | +11.8% |
| Operating profit (loss) | 9901 | €27,695 | €26,081 | -€1,614 | -5.8% |
| Financial charges | 65/66B | €6,169 | €8,602 | +€2,433 | +39.4% |
| Recurring financial charges | 65 | €6,169 | €8,602 | +€2,433 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | €21,526 | €17,478 | -€4,047 | -18.8% |
| Income taxes | 67/77 | €6,222 | €4,738 | -€1,484 | -23.9% |
| Profit (loss) for the period | 9904 | €15,304 | €12,741 | -€2,563 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,304 | €12,741 | -€2,563 | -16.7% |
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 18 October 2026 via checked.be.