Loyalty Incentive: 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.
Loyalty Incentive
Largest movements
- Receivables within one year -€1,576
down €1,576 (-67.0%), from €2,351 to €775
of which Trade receivables: -€1,679
- Cash -€1,227
down €1,227 (-46.9%), from €2,615 to €1,388
mainly Accrued charges and deferred income (-€2,819) and Net result for the year (-€750)
- Accrued charges and deferred income -€2,819
no longer reported in 2025 (was €2,819)
- Trade debts +€767
new in 2025: €767
- Profit (loss) carried forward -€750
down €750 (-26.3%), from -€2,853 to -€3,603
- Gross operating margin +€2,148
up €2,148 (+81.4%), from -€2,639 to -€491
- Other operating charges +€34
up €34 (+18.7%), from €180 to €214
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.
Cash bridge derived
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 | €4,966 | €2,164 | -€2,803 | -56.4% |
| Current assets | 29/58 | €4,966 | €2,164 | -€2,803 | -56.4% |
| Amounts receivable within one year | 40/41 | €2,351 | €775 | -€1,576 | -67.0% |
| Trade receivables | 40 | €1,851 | €172 | -€1,679 | -90.7% |
| Other amounts receivable | 41 | €500 | €603 | +€103 | +20.6% |
| Cash at bank and in hand | 54/58 | €2,615 | €1,388 | -€1,227 | -46.9% |
| Total equity and liabilities | 10/49 | €4,966 | €2,164 | -€2,803 | -56.4% |
| Equity | 10/15 | €2,147 | €1,397 | -€750 | -34.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,853 | -€3,603 | -€750 | -26.3% |
| Amounts payable | 17/49 | €2,819 | €767 | -€2,053 | -72.8% |
| Amounts payable within one year | 42/48 | - | €767 | +€767 | |
| Trade debts | 44 | - | €767 | +€767 | |
| Suppliers | 440/4 | - | €767 | +€767 | |
| Accrued charges and deferred income | 492/3 | €2,819 | - | -€2,819 | |
| Other operating charges | 640/8 | €180 | €214 | +€34 | +18.7% |
| Gross operating margin | 9900 | -€2,639 | -€491 | +€2,148 | +81.4% |
| Operating profit (loss) | 9901 | -€2,819 | -€705 | +€2,114 | +75.0% |
| Financial charges | 65/66B | €34 | €45 | +€11 | +33.8% |
| Recurring financial charges | 65 | €34 | €45 | +€11 | +33.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,853 | -€750 | +€2,103 | +73.7% |
| Profit (loss) for the period | 9904 | -€2,853 | -€750 | +€2,103 | +73.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,853 | -€750 | +€2,103 | +73.7% |
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 11 October 2026 via checked.be.