LIGNE & PROFIL: 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.
LIGNE & PROFIL
Largest movements
- Cash +€58,713
up €58,713 (+66.3%), from €88,568 to €147,281
mainly Net result for the year (+€112,717) and Current portion of long-term debt (+€33,991)
- Receivables within one year +€51,364
up €51,364 (+13.0%), from €395,788 to €447,151
of which Trade receivables: +€55,818
- Tangible fixed assets -€11,220
down €11,220 (-16.7%), from €67,328 to €56,108
of which Furniture and vehicles: -€20,652
- Reserves +€100,284
up €100,284 (+30.7%), from €326,319 to €426,603
of which Distributable reserves: +€100,284
- Tax, wage and social debts -€41,580
down €41,580 (-45.3%), from €91,760 to €50,181
of which Taxes: -€32,971
- Current portion of long-term debt +€33,991
up €33,991 (+194%), from €17,488 to €51,480
- Other debts -€30,829
down €30,829 (-72.3%), from €42,640 to €11,812
- Debts after one year +€29,715
up €29,715 (+145%), from €20,503 to €50,218
- Gross operating margin +€94,638
up €94,638 (+39.6%), from €239,073 to €333,711
- Staff costs +€36,626
up €36,626 (+35.3%), from €103,778 to €140,404
- Taxes +€15,191
up €15,191 (+47.2%), from €32,163 to €47,354
- Financial charges +€3,798
up €3,798 (+127%), from €2,988 to €6,786
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 | €553,729 | €653,054 | +€99,325 | +17.9% |
| Fixed assets | 21/28 | €67,353 | €56,533 | -€10,820 | -16.1% |
| Tangible fixed assets | 22/27 | €67,328 | €56,108 | -€11,220 | -16.7% |
| Plant, machinery and equipment | 23 | €27,663 | €30,834 | +€3,171 | +11.5% |
| Furniture and vehicles | 24 | €38,258 | €17,607 | -€20,652 | -54.0% |
| Other tangible fixed assets | 26 | €1,407 | €7,668 | +€6,261 | +445% |
| Financial fixed assets | 28 | €25 | €425 | +€400 | +1,600% |
| Current assets | 29/58 | €486,376 | €596,521 | +€110,145 | +22.6% |
| Amounts receivable within one year | 40/41 | €395,788 | €447,151 | +€51,364 | +13.0% |
| Trade receivables | 40 | €117,446 | €173,264 | +€55,818 | +47.5% |
| Other amounts receivable | 41 | €278,342 | €273,887 | -€4,455 | -1.6% |
| Cash at bank and in hand | 54/58 | €88,568 | €147,281 | +€58,713 | +66.3% |
| Deferred charges and accrued income | 490/1 | €2,020 | €2,089 | +€69 | +3.4% |
| Total equity and liabilities | 10/49 | €553,729 | €653,054 | +€99,325 | +17.9% |
| Equity | 10/15 | €355,145 | €455,429 | +€100,284 | +28.2% |
| Contributions | 10/11 | €7,400 | €7,400 | = | 0.0% |
| Reserves | 13 | €326,319 | €426,603 | +€100,284 | +30.7% |
| 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 | €324,459 | €424,743 | +€100,284 | +30.9% |
| Profit (loss) carried forward | 14 | €21,426 | €21,426 | = | 0.0% |
| Amounts payable | 17/49 | €198,584 | €197,625 | -€958 | -0.5% |
| Amounts payable after more than one year | 17 | €20,503 | €50,218 | +€29,715 | +145% |
| Financial debts | 170/4 | €20,503 | €50,218 | +€29,715 | +145% |
| Amounts payable within one year | 42/48 | €178,081 | €147,408 | -€30,673 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €17,488 | €51,480 | +€33,991 | +194% |
| Trade debts | 44 | €26,192 | €33,935 | +€7,743 | +29.6% |
| Suppliers | 440/4 | €26,192 | €33,935 | +€7,743 | +29.6% |
| Taxes, remuneration and social security | 45 | €91,760 | €50,181 | -€41,580 | -45.3% |
| Taxes | 450/3 | €67,267 | €34,295 | -€32,971 | -49.0% |
| Remuneration and social security | 454/9 | €24,494 | €15,886 | -€8,608 | -35.1% |
| Other amounts payable | 47/48 | €42,640 | €11,812 | -€30,829 | -72.3% |
| Remuneration, social security and pensions | 62 | €103,778 | €140,404 | +€36,626 | +35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,486 | €26,165 | +€1,679 | +6.9% |
| Other operating charges | 640/8 | €637 | €445 | -€192 | -30.1% |
| Gross operating margin | 9900 | €239,073 | €333,711 | +€94,638 | +39.6% |
| Operating profit (loss) | 9901 | €110,172 | €166,697 | +€56,525 | +51.3% |
| Financial income | 75/76B | - | €159 | +€159 | |
| Recurring financial income | 75 | - | €159 | +€159 | |
| Financial charges | 65/66B | €2,988 | €6,786 | +€3,798 | +127% |
| Recurring financial charges | 65 | €2,988 | €6,786 | +€3,798 | +127% |
| Profit (loss) for the period before taxes | 9903 | €107,184 | €160,071 | +€52,887 | +49.3% |
| Income taxes | 67/77 | €32,163 | €47,354 | +€15,191 | +47.2% |
| Profit (loss) for the period | 9904 | €75,021 | €112,717 | +€37,696 | +50.2% |
| Profit (loss) for the period to be appropriated | 9905 | €75,021 | €112,717 | +€37,696 | +50.2% |
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.