MOVE - ON: 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 - ON
Largest movements
- Tangible fixed assets -€21,992
down €21,992 (-11.1%), from €198,261 to €176,270
of which Land and buildings: -€18,959
- Deferred charges and accrued income +€20,960
up €20,960 (+1,554%), from €1,349 to €22,309
- Debts after one year -€13,802
down €13,802 (-19.4%), from €71,263 to €57,461
- Reserves +€11,141
up €11,141 (+7.1%), from €157,068 to €168,209
of which Distributable reserves: +€11,141
- Trade debts +€2,899
up €2,899 (+79.6%), from €3,640 to €6,539
- Gross operating margin +€6,030
up €6,030 (+16.6%), from €36,303 to €42,334
- Taxes +€3,334
up €3,334 (+163%), from €2,042 to €5,377
- Depreciation -€1,395
down €1,395 (-6.0%), from €23,386 to €21,992
- Financial charges -€1,052
down €1,052 (-26.0%), from €4,047 to €2,995
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 | €273,695 | €272,452 | -€1,243 | -0.5% |
| Fixed assets | 21/28 | €198,261 | €176,270 | -€21,992 | -11.1% |
| Tangible fixed assets | 22/27 | €198,261 | €176,270 | -€21,992 | -11.1% |
| Land and buildings | 22 | €191,434 | €172,475 | -€18,959 | -9.9% |
| Plant, machinery and equipment | 23 | €3,109 | €1,789 | -€1,320 | -42.4% |
| Furniture and vehicles | 24 | €3,718 | €2,005 | -€1,713 | -46.1% |
| Current assets | 29/58 | €75,434 | €96,182 | +€20,748 | +27.5% |
| Stocks and contracts in progress | 3 | €4,598 | €5,857 | +€1,259 | +27.4% |
| Stocks | 30/36 | €4,598 | €5,857 | +€1,259 | +27.4% |
| Amounts receivable within one year | 40/41 | €28,415 | €27,449 | -€966 | -3.4% |
| Trade receivables | 40 | €28,401 | €27,432 | -€969 | -3.4% |
| Other amounts receivable | 41 | €14 | €17 | +€3 | +21.4% |
| Cash at bank and in hand | 54/58 | €41,072 | €40,568 | -€504 | -1.2% |
| Deferred charges and accrued income | 490/1 | €1,349 | €22,309 | +€20,960 | +1,554% |
| Total equity and liabilities | 10/49 | €273,695 | €272,452 | -€1,243 | -0.5% |
| Equity | 10/15 | €163,268 | €174,409 | +€11,141 | +6.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €157,068 | €168,209 | +€11,141 | +7.1% |
| Tax-exempt reserves | 132 | €39,488 | €39,488 | = | 0.0% |
| Distributable reserves | 133 | €117,581 | €128,721 | +€11,141 | +9.5% |
| Amounts payable | 17/49 | €110,427 | €98,043 | -€12,384 | -11.2% |
| Amounts payable after more than one year | 17 | €71,263 | €57,461 | -€13,802 | -19.4% |
| Financial debts | 170/4 | €71,263 | €57,461 | -€13,802 | -19.4% |
| Amounts payable within one year | 42/48 | €37,618 | €39,617 | +€1,999 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €13,580 | €13,802 | +€222 | +1.6% |
| Trade debts | 44 | €3,640 | €6,539 | +€2,899 | +79.6% |
| Suppliers | 440/4 | €3,640 | €6,539 | +€2,899 | +79.6% |
| Taxes, remuneration and social security | 45 | €7,249 | €8,468 | +€1,219 | +16.8% |
| Taxes | 450/3 | €7,249 | €8,283 | +€1,034 | +14.3% |
| Remuneration and social security | 454/9 | €0 | €185 | +€185 | |
| Other amounts payable | 47/48 | €13,149 | €10,808 | -€2,340 | -17.8% |
| Accrued charges and deferred income | 492/3 | €1,546 | €965 | -€581 | -37.6% |
| Non-recurring operating income | 76A | - | €3,725 | +€3,725 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,386 | €21,992 | -€1,395 | -6.0% |
| Other operating charges | 640/8 | €1,515 | €1,169 | -€346 | -22.8% |
| Gross operating margin | 9900 | €36,303 | €42,334 | +€6,030 | +16.6% |
| Operating profit (loss) | 9901 | €11,402 | €19,173 | +€7,771 | +68.2% |
| Financial income | 75/76B | €159 | €339 | +€179 | +113% |
| Recurring financial income | 75 | €159 | €339 | +€179 | +113% |
| Financial charges | 65/66B | €4,047 | €2,995 | -€1,052 | -26.0% |
| Recurring financial charges | 65 | €4,047 | €2,995 | -€1,052 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €7,514 | €16,517 | +€9,003 | +120% |
| Income taxes | 67/77 | €2,042 | €5,377 | +€3,334 | +163% |
| Profit (loss) for the period | 9904 | €5,472 | €11,141 | +€5,669 | +104% |
| Profit (loss) for the period to be appropriated | 9905 | €5,472 | €11,141 | +€5,669 | +104% |
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 22 October 2026 via checked.be.