MAJORES.BE: 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.
MAJORES.BE
Largest movements
- Tangible fixed assets +€9,301
up €9,301 (+385%), from €2,415 to €11,716
of which Furniture and vehicles: +€6,539
- Cash -€2,559
no longer reported in 2025 (was €2,559)
mainly Investment in fixed assets (net) (-€11,717) and Receivables within one year (-€2,439)
- Receivables within one year +€2,439
up €2,439 (+10.8%), from €22,512 to €24,951
of which Other amounts receivable: +€3,490
- Reserves +€6,150
up €6,150 (+79.4%), from €7,750 to €13,900
- Tax, wage and social debts +€3,299
up €3,299 (+31.5%), from €10,472 to €13,771
of which Remuneration and social security: +€1,698
- Short-term financial debts +€769
new in 2025: €769
- Other debts -€697
down €697 (-18.0%), from €3,865 to €3,168
- Gross operating margin -€4,244
down €4,244 (-24.9%), from €17,017 to €12,773
- Depreciation +€1,628
up €1,628 (+207%), from €787 to €2,416
- Taxes -€1,530
down €1,530 (-32.0%), from €4,777 to €3,247
- Other operating charges -€667
down €667 (-33.6%), from €1,987 to €1,320
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 | €28,121 | €37,310 | +€9,188 | +32.7% |
| Fixed assets | 21/28 | €2,415 | €11,716 | +€9,301 | +385% |
| Tangible fixed assets | 22/27 | €2,415 | €11,716 | +€9,301 | +385% |
| Furniture and vehicles | 24 | €2,415 | €8,954 | +€6,539 | +271% |
| Other tangible fixed assets | 26 | - | €2,762 | +€2,762 | |
| Current assets | 29/58 | €25,707 | €25,594 | -€113 | -0.4% |
| Amounts receivable within one year | 40/41 | €22,512 | €24,951 | +€2,439 | +10.8% |
| Trade receivables | 40 | €9,304 | €8,252 | -€1,051 | -11.3% |
| Other amounts receivable | 41 | €13,208 | €16,698 | +€3,490 | +26.4% |
| Cash at bank and in hand | 54/58 | €2,559 | - | -€2,559 | |
| Deferred charges and accrued income | 490/1 | €636 | €644 | +€8 | +1.2% |
| Total equity and liabilities | 10/49 | €28,121 | €37,310 | +€9,188 | +32.7% |
| Equity | 10/15 | €12,794 | €18,948 | +€6,153 | +48.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,750 | €13,900 | +€6,150 | +79.4% |
| Distributable reserves | 133 | €7,750 | €13,900 | +€6,150 | +79.4% |
| Profit (loss) carried forward | 14 | €44 | €48 | +€3 | +7.2% |
| Amounts payable | 17/49 | €15,327 | €18,362 | +€3,035 | +19.8% |
| Amounts payable within one year | 42/48 | €15,327 | €18,362 | +€3,035 | +19.8% |
| Financial debts | 43 | - | €769 | +€769 | |
| Credit institutions | 430/8 | - | €769 | +€769 | |
| Trade debts | 44 | €990 | €654 | -€336 | -34.0% |
| Suppliers | 440/4 | €990 | €654 | -€336 | -34.0% |
| Taxes, remuneration and social security | 45 | €10,472 | €13,771 | +€3,299 | +31.5% |
| Taxes | 450/3 | €9,144 | €10,745 | +€1,601 | +17.5% |
| Remuneration and social security | 454/9 | €1,328 | €3,026 | +€1,698 | +128% |
| Other amounts payable | 47/48 | €3,865 | €3,168 | -€697 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €787 | €2,416 | +€1,628 | +207% |
| Other operating charges | 640/8 | €1,987 | €1,320 | -€667 | -33.6% |
| Gross operating margin | 9900 | €17,017 | €12,773 | -€4,244 | -24.9% |
| Operating profit (loss) | 9901 | €14,242 | €9,037 | -€5,205 | -36.5% |
| Financial income | 75/76B | €434 | €467 | +€33 | +7.7% |
| Recurring financial income | 75 | €434 | €467 | +€33 | +7.7% |
| Financial charges | 65/66B | €224 | €103 | -€120 | -53.8% |
| Recurring financial charges | 65 | €224 | €103 | -€120 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | €14,452 | €9,400 | -€5,052 | -35.0% |
| Income taxes | 67/77 | €4,777 | €3,247 | -€1,530 | -32.0% |
| Profit (loss) for the period | 9904 | €9,675 | €6,153 | -€3,522 | -36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,675 | €6,153 | -€3,522 | -36.4% |
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 29 October 2026 via checked.be.