MOVE ATTITUDE: what changed
Two fiscal 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 ATTITUDE
Largest movements
- Receivables within one year +€103,843
up €103,843 (+243.5%), from €42,644 to €146,487
of which Other amounts receivable: +€118,111
- Other debts +€152,216
up €152,216 (+525.1%), from €28,989 to €181,205
- Current portion of long-term debt -€30,847
down €30,847 (-43.1%), from €71,608 to €40,761
- Debts after one year -€29,799
down €29,799 (-22.7%), from €131,434 to €101,635
- Gross operating margin +€362,754
up €362,754 (+492.0%), from €73,723 to €436,477
- Staff costs +€83,375
up €83,375 (+2206.9%), from €3,778 to €87,153
- Taxes +€17,572
up €17,572 (+12551.4%), from €140 to €17,712
- Write-downs +€13,114
new in 2025: €13,114
- Depreciation +€13,002
up €13,002 (+10.5%), from €124,204 to €137,206
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 | €489,247 | €588,039 | +€98,792 | +20.2% |
| Fixed assets | 21/28 | €410,695 | €409,115 | -€1,580 | -0.4% |
| Tangible fixed assets | 22/27 | €408,935 | €407,355 | -€1,580 | -0.4% |
| Land and buildings | 22 | €125,475 | €88,101 | -€37,374 | -29.8% |
| Plant, machinery and equipment | 23 | €7,824 | €6,985 | -€839 | -10.7% |
| Furniture and vehicles | 24 | €275,636 | €312,269 | +€36,633 | +13.3% |
| Financial fixed assets | 28 | €1,760 | €1,760 | = | 0.0% |
| Current assets | 29/58 | €78,552 | €178,924 | +€100,372 | +127.8% |
| Amounts receivable within one year | 40/41 | €42,644 | €146,487 | +€103,843 | +243.5% |
| Trade receivables | 40 | €15,698 | €1,430 | -€14,268 | -90.9% |
| Other amounts receivable | 41 | €26,946 | €145,057 | +€118,111 | +438.3% |
| Cash at bank and in hand | 54/58 | €35,908 | €32,437 | -€3,471 | -9.7% |
| Total equity and liabilities | 10/49 | €489,247 | €588,039 | +€98,792 | +20.2% |
| Equity | 10/15 | €212,088 | €213,285 | +€1,197 | +0.6% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €201,315 | €202,512 | +€1,197 | +0.6% |
| Distributable reserves | 133 | €201,315 | €202,512 | +€1,197 | +0.6% |
| Profit (loss) carried forward | 14 | -€7,977 | -€7,977 | = | 0.0% |
| Amounts payable | 17/49 | €277,159 | €374,754 | +€97,595 | +35.2% |
| Amounts payable after more than one year | 17 | €131,434 | €101,635 | -€29,799 | -22.7% |
| Financial debts | 170/4 | €131,434 | €101,635 | -€29,799 | -22.7% |
| Amounts payable within one year | 42/48 | €145,725 | €273,119 | +€127,394 | +87.4% |
| Current portion of amounts payable after more than one year | 42 | €71,608 | €40,761 | -€30,847 | -43.1% |
| Trade debts | 44 | €17,666 | €20,926 | +€3,260 | +18.5% |
| Suppliers | 440/4 | €17,666 | €20,926 | +€3,260 | +18.5% |
| Taxes, remuneration and social security | 45 | €27,462 | €30,227 | +€2,765 | +10.1% |
| Taxes | 450/3 | €6,473 | €17,605 | +€11,132 | +172.0% |
| Remuneration and social security | 454/9 | €20,989 | €12,622 | -€8,367 | -39.9% |
| Other amounts payable | 47/48 | €28,989 | €181,205 | +€152,216 | +525.1% |
| Remuneration, social security and pensions | 62 | €3,778 | €87,153 | +€83,375 | +2206.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,204 | €137,206 | +€13,002 | +10.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €13,114 | +€13,114 | |
| Other operating charges | 640/8 | €4,253 | €2,644 | -€1,609 | -37.8% |
| Gross operating margin | 9900 | €73,723 | €436,477 | +€362,754 | +492.0% |
| Operating profit (loss) | 9901 | -€58,512 | €196,360 | +€254,872 | |
| Financial charges | 65/66B | €11,235 | €7,451 | -€3,784 | -33.7% |
| Recurring financial charges | 65 | €11,235 | €7,451 | -€3,784 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | -€69,747 | €188,909 | +€258,656 | |
| Income taxes | 67/77 | €140 | €17,712 | +€17,572 | +12551.4% |
| Profit (loss) for the period | 9904 | -€69,887 | €171,197 | +€241,084 | |
| Profit (loss) for the period to be appropriated | 9905 | -€69,887 | €171,197 | +€241,084 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.