LETTRAGE GRAPHIQUE CONCEPTION: 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.
LETTRAGE GRAPHIQUE CONCEPTION
Largest movements
- Receivables within one year +€53,857
up €53,857 (+25.5%), from €210,947 to €264,804
of which Trade receivables: +€54,816
- Tangible fixed assets -€28,169
down €28,169 (-33.5%), from €84,202 to €56,033
of which Furniture and vehicles: -€25,657
- Cash -€19,593
down €19,593 (-53.1%), from €36,913 to €17,320
mainly Receivables within one year (-€53,857) and Net result for the year (-€42,760)
- Deferred charges and accrued income -€4,762
down €4,762 (-53.5%), from €8,904 to €4,142
- Reserves -€42,014
down €42,014 (-10.9%), from €386,129 to €344,115
of which Tax-exempt reserves: -€94,725
- Tax, wage and social debts +€28,094
up €28,094 (+66.4%), from €42,306 to €70,400
of which Taxes: +€14,151
- Trade debts +€12,158
up €12,158 (+204%), from €5,952 to €18,110
- Gross operating margin -€68,065
down €68,065 (-27.0%), from €252,057 to €183,992
- Staff costs +€42,265
up €42,265 (+28.6%), from €147,657 to €189,922
- Depreciation +€6,989
up €6,989 (+33.0%), from €21,180 to €28,169
- Other operating charges +€4,463
up €4,463 (+129%), from €3,464 to €7,927
- Taxes -€4,445
down €4,445 (-92.7%), from €4,797 to €352
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 | €458,532 | €459,867 | +€1,334 | +0.3% |
| Fixed assets | 21/28 | €91,429 | €63,260 | -€28,169 | -30.8% |
| Tangible fixed assets | 22/27 | €84,202 | €56,033 | -€28,169 | -33.5% |
| Plant, machinery and equipment | 23 | €9,388 | €7,566 | -€1,822 | -19.4% |
| Furniture and vehicles | 24 | €71,924 | €46,267 | -€25,657 | -35.7% |
| Other tangible fixed assets | 26 | €2,891 | €2,200 | -€691 | -23.9% |
| Financial fixed assets | 28 | €7,227 | €7,227 | = | 0.0% |
| Current assets | 29/58 | €367,103 | €396,607 | +€29,504 | +8.0% |
| Stocks and contracts in progress | 3 | €110,339 | €110,340 | +€1 | 0.0% |
| Stocks | 30/36 | €110,339 | €110,340 | +€1 | 0.0% |
| Amounts receivable within one year | 40/41 | €210,947 | €264,804 | +€53,857 | +25.5% |
| Trade receivables | 40 | €5 | €54,821 | +€54,816 | +1,191,650% |
| Other amounts receivable | 41 | €210,942 | €209,983 | -€959 | -0.5% |
| Cash at bank and in hand | 54/58 | €36,913 | €17,320 | -€19,593 | -53.1% |
| Deferred charges and accrued income | 490/1 | €8,904 | €4,142 | -€4,762 | -53.5% |
| Total equity and liabilities | 10/49 | €458,532 | €459,867 | +€1,334 | +0.3% |
| Equity | 10/15 | €393,075 | €350,315 | -€42,760 | -10.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €386,129 | €344,115 | -€42,014 | -10.9% |
| Tax-exempt reserves | 132 | €94,725 | €0 | -€94,725 | -100% |
| Distributable reserves | 133 | €291,404 | €344,115 | +€52,711 | +18.1% |
| Profit (loss) carried forward | 14 | €746 | €0 | -€746 | -100% |
| Amounts payable | 17/49 | €65,457 | €109,551 | +€44,094 | +67.4% |
| Amounts payable within one year | 42/48 | €65,305 | €109,528 | +€44,223 | +67.7% |
| Trade debts | 44 | €5,952 | €18,110 | +€12,158 | +204% |
| Suppliers | 440/4 | €5,952 | €18,110 | +€12,158 | +204% |
| Taxes, remuneration and social security | 45 | €42,306 | €70,400 | +€28,094 | +66.4% |
| Taxes | 450/3 | €7,133 | €21,284 | +€14,151 | +198% |
| Remuneration and social security | 454/9 | €35,173 | €49,115 | +€13,942 | +39.6% |
| Other amounts payable | 47/48 | €17,047 | €21,018 | +€3,972 | +23.3% |
| Accrued charges and deferred income | 492/3 | €153 | €24 | -€129 | -84.6% |
| Remuneration, social security and pensions | 62 | €147,657 | €189,922 | +€42,265 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,180 | €28,169 | +€6,989 | +33.0% |
| Other operating charges | 640/8 | €3,464 | €7,927 | +€4,463 | +129% |
| Gross operating margin | 9900 | €252,057 | €183,992 | -€68,065 | -27.0% |
| Operating profit (loss) | 9901 | €79,757 | -€42,025 | -€121,782 | |
| Financial income | 75/76B | €2 | €0 | -€1 | -94.9% |
| Recurring financial income | 75 | €2 | €0 | -€1 | -94.9% |
| Financial charges | 65/66B | €1,200 | €383 | -€818 | -68.1% |
| Recurring financial charges | 65 | €1,200 | €383 | -€818 | -68.1% |
| Profit (loss) for the period before taxes | 9903 | €78,558 | -€42,408 | -€120,966 | |
| Income taxes | 67/77 | €4,797 | €352 | -€4,445 | -92.7% |
| Profit (loss) for the period | 9904 | €73,761 | -€42,760 | -€116,521 | |
| Transfer from tax-exempt reserves | 789 | - | €94,725 | +€94,725 | |
| Profit (loss) for the period to be appropriated | 9905 | €73,761 | €51,965 | -€21,796 | -29.5% |
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 25 October 2026 via checked.be.