MOVE 2 FEET: 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.
MOVE 2 FEET
Largest movements
- Tangible fixed assets -€32,916
down €32,916 (-6.7%), from €489,204 to €456,287
- Cash +€15,773
up €15,773 (+59.5%), from €26,501 to €42,273
mainly Depreciation (+€49,878) and Tax, wage and social debts (+€3,298)
- Intangible fixed assets -€13,522
down €13,522 (-29.6%), from €45,669 to €32,147
- Debts after one year -€25,879
down €25,879 (-5.9%), from €436,153 to €410,274
- Other debts -€6,797
down €6,797 (-8.9%), from €76,624 to €69,827
- Depreciation +€7,614
up €7,614 (+18.0%), from €42,264 to €49,878
- Gross operating margin +€2,133
up €2,133 (+2.8%), from €75,164 to €77,297
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 | €563,957 | €536,944 | -€27,013 | -4.8% |
| Fixed assets | 21/28 | €534,872 | €488,434 | -€46,438 | -8.7% |
| Intangible fixed assets | 21 | €45,669 | €32,147 | -€13,522 | -29.6% |
| Tangible fixed assets | 22/27 | €489,204 | €456,287 | -€32,916 | -6.7% |
| Land and buildings | 22 | €396,260 | €382,338 | -€13,922 | -3.5% |
| Plant, machinery and equipment | 23 | €37,148 | €28,907 | -€8,240 | -22.2% |
| Furniture and vehicles | 24 | €55,796 | €45,042 | -€10,754 | -19.3% |
| Current assets | 29/58 | €29,085 | €48,510 | +€19,425 | +66.8% |
| Amounts receivable within one year | 40/41 | €1,318 | €5,500 | +€4,182 | +317% |
| Trade receivables | 40 | €1,318 | €5,500 | +€4,182 | +317% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €26,501 | €42,273 | +€15,773 | +59.5% |
| Deferred charges and accrued income | 490/1 | €1,266 | €736 | -€530 | -41.9% |
| Total equity and liabilities | 10/49 | €563,957 | €536,944 | -€27,013 | -4.8% |
| Equity | 10/15 | €19,659 | €21,496 | +€1,837 | +9.3% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Reserves | 13 | €11,459 | €13,296 | +€1,837 | +16.0% |
| Distributable reserves | 133 | €11,459 | €13,296 | +€1,837 | +16.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €544,298 | €515,448 | -€28,850 | -5.3% |
| Amounts payable after more than one year | 17 | €436,153 | €410,274 | -€25,879 | -5.9% |
| Financial debts | 170/4 | €436,153 | €410,274 | -€25,879 | -5.9% |
| Amounts payable within one year | 42/48 | €108,048 | €105,173 | -€2,875 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €24,816 | €25,879 | +€1,063 | +4.3% |
| Trade debts | 44 | €4,341 | €3,903 | -€437 | -10.1% |
| Suppliers | 440/4 | €4,341 | €3,903 | -€437 | -10.1% |
| Taxes, remuneration and social security | 45 | €2,267 | €5,564 | +€3,298 | +145% |
| Taxes | 450/3 | €1,545 | €2,415 | +€869 | +56.3% |
| Remuneration and social security | 454/9 | €721 | €3,150 | +€2,428 | +337% |
| Other amounts payable | 47/48 | €76,624 | €69,827 | -€6,797 | -8.9% |
| Accrued charges and deferred income | 492/3 | €97 | €0 | -€97 | -100% |
| Non-recurring operating income | 76A | €5,619 | €0 | -€5,619 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,264 | €49,878 | +€7,614 | +18.0% |
| Other operating charges | 640/8 | €5,581 | €4,954 | -€627 | -11.2% |
| Non-recurring operating charges | 66A | - | €648 | +€648 | |
| Gross operating margin | 9900 | €75,164 | €77,297 | +€2,133 | +2.8% |
| Operating profit (loss) | 9901 | €27,319 | €21,817 | -€5,502 | -20.1% |
| Financial income | 75/76B | €11 | €6 | -€5 | -48.0% |
| Recurring financial income | 75 | €11 | €6 | -€5 | -48.0% |
| Financial charges | 65/66B | €19,225 | €18,820 | -€405 | -2.1% |
| Recurring financial charges | 65 | €19,225 | €18,820 | -€405 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €8,104 | €3,003 | -€5,101 | -62.9% |
| Income taxes | 67/77 | €1,841 | €1,166 | -€676 | -36.7% |
| Profit (loss) for the period | 9904 | €6,263 | €1,837 | -€4,426 | -70.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,263 | €1,837 | -€4,426 | -70.7% |
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 20 October 2026 via checked.be.