LONGEVAL: 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.
LONGEVAL
Largest movements
- Tangible fixed assets -€44,432
down €44,432 (-4.4%), from €1.0m to €965,297
of which Land and buildings: -€35,956
- Current investments -€39,114
down €39,114 (-78.1%), from €50,062 to €10,948
- Profit (loss) carried forward -€50,543
down €50,543, from €3,920 to -€46,623
- Reserves -€17,011
down €17,011 (-7.4%), from €229,441 to €212,431
of which Tax-exempt reserves: -€17,011
- Financial charges +€55,095
up €55,095, from -€42,696 to €12,399
- Gross operating margin -€4,029
down €4,029 (-32.6%), from -€12,368 to -€16,396
- Depreciation -€3,525
down €3,525 (-7.2%), from €48,930 to €45,406
- Financial income +€1,602
up €1,602 (+2492.4%), from €64 to €1,666
- Other operating charges +€431
up €431 (+12.9%), from €3,351 to €3,782
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,075,481 | €988,844 | -€86,637 | -8.1% |
| Fixed assets | 21/28 | €1,010,436 | €966,004 | -€44,432 | -4.4% |
| Tangible fixed assets | 22/27 | €1,009,729 | €965,297 | -€44,432 | -4.4% |
| Land and buildings | 22 | €983,276 | €947,320 | -€35,956 | -3.7% |
| Furniture and vehicles | 24 | €26,453 | €17,977 | -€8,476 | -32.0% |
| Financial fixed assets | 28 | €707 | €707 | = | 0.0% |
| Current assets | 29/58 | €65,045 | €22,840 | -€42,205 | -64.9% |
| Amounts receivable within one year | 40/41 | €12,209 | €9,835 | -€2,373 | -19.4% |
| Trade receivables | 40 | €3,695 | €1,598 | -€2,096 | -56.7% |
| Other amounts receivable | 41 | €8,514 | €8,237 | -€277 | -3.3% |
| Current investments | 50/53 | €50,062 | €10,948 | -€39,114 | -78.1% |
| Cash at bank and in hand | 54/58 | €992 | €207 | -€785 | -79.1% |
| Deferred charges and accrued income | 490/1 | €1,782 | €1,849 | +€67 | +3.8% |
| Total equity and liabilities | 10/49 | €1,075,481 | €988,844 | -€86,637 | -8.1% |
| Equity | 10/15 | €544,433 | €476,879 | -€67,554 | -12.4% |
| Contributions | 10/11 | €311,071 | €311,071 | = | 0.0% |
| Capital | 10 | €311,071 | €311,071 | = | 0.0% |
| Issued capital | 100 | €311,071 | €311,071 | = | 0.0% |
| Reserves | 13 | €229,441 | €212,431 | -€17,011 | -7.4% |
| Non-distributable reserves | 130/1 | €9,906 | €9,906 | = | 0.0% |
| Legal reserve | 130 | €9,906 | €9,906 | = | 0.0% |
| Tax-exempt reserves | 132 | €219,535 | €202,525 | -€17,011 | -7.7% |
| Profit (loss) carried forward | 14 | €3,920 | -€46,623 | -€50,543 | |
| Provisions and deferred taxes | 16 | €113,024 | €104,261 | -€8,763 | -7.8% |
| Deferred taxes | 168 | €113,024 | €104,261 | -€8,763 | -7.8% |
| Amounts payable | 17/49 | €418,024 | €407,704 | -€10,320 | -2.5% |
| Amounts payable after more than one year | 17 | €402,361 | €397,746 | -€4,615 | -1.1% |
| Financial debts | 170/4 | €374,261 | €273,898 | -€100,362 | -26.8% |
| Other amounts payable | 178/9 | €28,100 | €123,847 | +€95,747 | +340.7% |
| Amounts payable within one year | 42/48 | €15,663 | €9,958 | -€5,705 | -36.4% |
| Financial debts | 43 | €15,423 | €8,479 | -€6,945 | -45.0% |
| Credit institutions | 430/8 | €15,423 | €8,479 | -€6,945 | -45.0% |
| Trade debts | 44 | - | €1,432 | +€1,432 | |
| Suppliers | 440/4 | - | €1,432 | +€1,432 | |
| Advances received on contracts in progress | 46 | €240 | - | -€240 | |
| Taxes, remuneration and social security | 45 | - | €47 | +€47 | |
| Taxes | 450/3 | - | €47 | +€47 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,930 | €45,406 | -€3,525 | -7.2% |
| Other operating charges | 640/8 | €3,351 | €3,782 | +€431 | +12.9% |
| Gross operating margin | 9900 | -€12,368 | -€16,396 | -€4,029 | -32.6% |
| Operating profit (loss) | 9901 | -€64,649 | -€65,584 | -€935 | -1.4% |
| Financial income | 75/76B | €64 | €1,666 | +€1,602 | +2492.4% |
| Recurring financial income | 75 | €64 | €1,666 | +€1,602 | +2492.4% |
| Financial charges | 65/66B | -€42,696 | €12,399 | +€55,095 | |
| Recurring financial charges | 65 | -€42,696 | €12,399 | +€55,095 | |
| Profit (loss) for the period before taxes | 9903 | -€21,889 | -€76,317 | -€54,428 | -248.7% |
| Transfer from deferred taxes | 780 | €8,763 | €8,763 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€13,126 | -€67,554 | -€54,428 | -414.7% |
| Transfer from tax-exempt reserves | 789 | €17,011 | €17,011 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,885 | -€50,543 | -€54,428 |
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.