Memory: 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.
Memory
Largest movements
- Cash +€216,578
up €216,578 (+328.3%), from €65,973 to €282,551
mainly Net result for the year (+€218,543) and Depreciation (+€86,288)
- Tangible fixed assets -€86,288
down €86,288 (-8.6%), from €999,952 to €913,665
of which Land and buildings: -€74,580
- Debts after one year +€64,000
up €64,000 (+100.0%), from €64,000 to €128,000
- Other debts +€61,500
up €61,500 (+42.8%), from €143,570 to €205,070
- Reserves +€18,543
up €18,543 (+2.3%), from €819,561 to €838,103
- Gross operating margin +€53,767
up €53,767 (+19.8%), from €271,661 to €325,428
- Financial charges -€4,760
down €4,760 (-39.2%), from €12,154 to €7,395
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 | €1,069,219 | €1,203,497 | +€134,278 | +12.6% |
| Fixed assets | 21/28 | €999,952 | €913,665 | -€86,288 | -8.6% |
| Tangible fixed assets | 22/27 | €999,952 | €913,665 | -€86,288 | -8.6% |
| Land and buildings | 22 | €980,321 | €905,742 | -€74,580 | -7.6% |
| Furniture and vehicles | 24 | €19,631 | €7,923 | -€11,708 | -59.6% |
| Current assets | 29/58 | €69,267 | €289,832 | +€220,565 | +318.4% |
| Amounts receivable within one year | 40/41 | €724 | €4,588 | +€3,864 | +533.5% |
| Trade receivables | 40 | €326 | €3,615 | +€3,290 | +1010.1% |
| Other amounts receivable | 41 | €399 | €972 | +€574 | +144.0% |
| Cash at bank and in hand | 54/58 | €65,973 | €282,551 | +€216,578 | +328.3% |
| Deferred charges and accrued income | 490/1 | €2,569 | €2,693 | +€124 | +4.8% |
| Total equity and liabilities | 10/49 | €1,069,219 | €1,203,497 | +€134,278 | +12.6% |
| Equity | 10/15 | €843,561 | €862,103 | +€18,543 | +2.2% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €819,561 | €838,103 | +€18,543 | +2.3% |
| Distributable reserves | 133 | €819,561 | €838,103 | +€18,543 | +2.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €225,658 | €341,393 | +€115,735 | +51.3% |
| Amounts payable after more than one year | 17 | €64,000 | €128,000 | +€64,000 | +100.0% |
| Financial debts | 170/4 | €64,000 | €128,000 | +€64,000 | +100.0% |
| Amounts payable within one year | 42/48 | €150,023 | €206,131 | +€56,108 | +37.4% |
| Trade debts | 44 | €298 | €517 | +€220 | +73.8% |
| Suppliers | 440/4 | €298 | €517 | +€220 | +73.8% |
| Taxes, remuneration and social security | 45 | €6,156 | €544 | -€5,612 | -91.2% |
| Taxes | 450/3 | €6,156 | €544 | -€5,612 | -91.2% |
| Other amounts payable | 47/48 | €143,570 | €205,070 | +€61,500 | +42.8% |
| Accrued charges and deferred income | 492/3 | €11,635 | €7,262 | -€4,373 | -37.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,288 | €86,288 | +€0 | 0.0% |
| Other operating charges | 640/8 | €10,629 | €10,859 | +€230 | +2.2% |
| Gross operating margin | 9900 | €271,661 | €325,428 | +€53,767 | +19.8% |
| Operating profit (loss) | 9901 | €174,744 | €228,282 | +€53,537 | +30.6% |
| Financial income | 75/76B | €0 | €752 | +€752 | |
| Recurring financial income | 75 | €0 | €752 | +€752 | |
| Financial charges | 65/66B | €12,154 | €7,395 | -€4,760 | -39.2% |
| Recurring financial charges | 65 | €12,154 | €7,395 | -€4,760 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €162,590 | €221,640 | +€59,050 | +36.3% |
| Income taxes | 67/77 | €6,156 | €3,097 | -€3,059 | -49.7% |
| Profit (loss) for the period | 9904 | €156,434 | €218,543 | +€62,109 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €156,434 | €218,543 | +€62,109 | +39.7% |
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 10 October 2026 via checked.be.