NECESSITIES: 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.
What changed
NECESSITIES
NACE 46.130, Agents in the wholesale of timber and building materials
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€300,471
2024 · €209,097+€91,374
Equity
€2.1m
2024 · €1.9m+€200,471
Cash
€192,308
2024 · €224,688-€32,380
Balance sheet total
€2.7m
2024 · €2.8m-€51,539
Largest movements
Assets
- Current investments +€83,214
up €83,214 (+22.8%), from €365,551 to €448,764
- Tangible fixed assets -€78,056
down €78,056 (-3.9%), from €2.0m to €1.9m
of which Land and buildings: -€69,607
- Cash -€32,380
down €32,380 (-14.4%), from €224,688 to €192,308
mainly Provisions (-€200,000) and Debts after one year (-€151,213)
Equity and liabilities
- Provisions -€200,000
no longer reported in 2025 (was €200,000)
- Debts after one year -€151,213
down €151,213 (-52.0%), from €290,546 to €139,334
of which Financial debts: -€151,213
- Profit (loss) carried forward +€100,471
up €100,471 (+9.2%), from €1.1m to €1.2m
- Reserves +€100,000
up €100,000 (+12.1%), from €827,625 to €927,625
of which Distributable reserves: +€900,000
- Other debts +€97,500
up €97,500 (+195%), from €50,113 to €147,613
Income statement
- Gross operating margin +€219,530
up €219,530 (+38.9%), from €563,827 to €783,356
- Provisions -€100,000
no longer reported in 2025 (was €100,000)
- Taxes +€45,002
up €45,002 (+45.9%), from €97,939 to €142,941
- Financial income +€15,311
up €15,311 (+913%), from €1,676 to €16,987
of which Financial income: +€9,128
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.
Result 2024
€209,097
Gross operating margin
+€219,530
Depreciation
-€4,500
Provisions
+€100,000
Other operating charges
+€2,110
Other operating items
-€200,000
Financial income
+€15,311
Financial charges
+€3,924
Taxes
-€45,002
Result 2025
€300,471
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€365,956
Investment
-€133,556
Financing
-€264,780
Cash 2024
€224,688
From operations (derived)
+€365,956
Net result for the year
+€300,471
Depreciation
+€135,238
Receivables after one year
+€5,981
Receivables within one year
+€11,323
Deferred charges and accrued income
+€173
Provisions
-€200,000
Trade debts
-€19,145
Tax, wage and social debts
+€33,007
Other debts
+€97,500
Accrued charges and deferred income
+€1,408
Investment (derived)
-€133,556
Investment in fixed assets (net)
-€50,342
Current investments
-€83,214
Financing
-€264,780
Debts after one year
-€151,213
Current portion of long-term debt
-€60,234
Short-term financial debts
+€46,667
Contributions, distributions and other
-€100,000
Cash 2025
€192,308
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,778,257 | €2,726,719 | -€51,539 | -1.9% |
| Fixed assets | 21/28 | €2,026,663 | €1,941,767 | -€84,896 | -4.2% |
| Tangible fixed assets | 22/27 | €2,019,743 | €1,941,687 | -€78,056 | -3.9% |
| Land and buildings | 22 | €1,762,827 | €1,693,220 | -€69,607 | -3.9% |
| Plant, machinery and equipment | 23 | €93,965 | €81,170 | -€12,795 | -13.6% |
| Furniture and vehicles | 24 | €121,801 | €131,605 | +€9,804 | +8.0% |
| Other tangible fixed assets | 26 | €41,150 | €35,692 | -€5,458 | -13.3% |
| Financial fixed assets | 28 | €6,920 | €80 | -€6,840 | -98.8% |
| Current assets | 29/58 | €751,595 | €784,951 | +€33,357 | +4.4% |
| Amounts receivable after more than one year | 29 | €5,981 | - | -€5,981 | |
| Other amounts receivable | 291 | €5,981 | - | -€5,981 | |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €147,980 | €136,657 | -€11,323 | -7.7% |
| Trade receivables | 40 | €141,518 | €125,237 | -€16,281 | -11.5% |
| Other amounts receivable | 41 | €6,462 | €11,420 | +€4,958 | +76.7% |
| Current investments | 50/53 | €365,551 | €448,764 | +€83,214 | +22.8% |
| Cash at bank and in hand | 54/58 | €224,688 | €192,308 | -€32,380 | -14.4% |
| Deferred charges and accrued income | 490/1 | €6,395 | €6,222 | -€173 | -2.7% |
| Total equity and liabilities | 10/49 | €2,778,257 | €2,726,719 | -€51,539 | -1.9% |
| Equity | 10/15 | €1,920,337 | €2,120,808 | +€200,471 | +10.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €827,625 | €927,625 | +€100,000 | +12.1% |
| Non-distributable reserves | 130/1 | €800,000 | - | -€800,000 | |
| Reserves not available under the articles | 1311 | €800,000 | - | -€800,000 | |
| Tax-exempt reserves | 132 | €25,765 | €25,765 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €901,860 | +€900,000 | +48,387% |
| Profit (loss) carried forward | 14 | €1,086,512 | €1,186,983 | +€100,471 | +9.2% |
| Provisions and deferred taxes | 16 | €200,000 | - | -€200,000 | |
| Provisions for liabilities and charges | 160/5 | €200,000 | - | -€200,000 | |
| Other liabilities and charges | 164/5 | €200,000 | - | -€200,000 | |
| Amounts payable | 17/49 | €657,920 | €605,911 | -€52,009 | -7.9% |
| Amounts payable after more than one year | 17 | €290,546 | €139,334 | -€151,213 | -52.0% |
| Financial debts | 170/4 | €290,042 | €138,829 | -€151,213 | -52.1% |
| Other amounts payable | 178/9 | €505 | €505 | = | 0.0% |
| Amounts payable within one year | 42/48 | €362,753 | €460,547 | +€97,795 | +27.0% |
| Current portion of amounts payable after more than one year | 42 | €211,447 | €151,213 | -€60,234 | -28.5% |
| Financial debts | 43 | - | €46,667 | +€46,667 | |
| Credit institutions | 430/8 | - | €46,667 | +€46,667 | |
| Trade debts | 44 | €53,006 | €33,861 | -€19,145 | -36.1% |
| Suppliers | 440/4 | €53,006 | €33,861 | -€19,145 | -36.1% |
| Taxes, remuneration and social security | 45 | €48,187 | €81,194 | +€33,007 | +68.5% |
| Taxes | 450/3 | €48,187 | €81,194 | +€33,007 | +68.5% |
| Other amounts payable | 47/48 | €50,113 | €147,613 | +€97,500 | +195% |
| Accrued charges and deferred income | 492/3 | €4,622 | €6,030 | +€1,408 | +30.5% |
| Non-recurring operating income | 76A | - | €200,000 | +€200,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,738 | €135,238 | +€4,500 | +3.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €100,000 | - | -€100,000 | |
| Other operating charges | 640/8 | €15,146 | €13,036 | -€2,110 | -13.9% |
| Non-recurring operating charges | 66A | - | €200,000 | +€200,000 | |
| Gross operating margin | 9900 | €563,827 | €783,356 | +€219,530 | +38.9% |
| Operating profit (loss) | 9901 | €317,943 | €435,083 | +€117,140 | +36.8% |
| Financial income | 75/76B | €1,676 | €16,987 | +€15,311 | +913% |
| Recurring financial income | 75 | €1,676 | €10,804 | +€9,128 | +545% |
| Non-recurring financial income | 76B | - | €6,183 | +€6,183 | |
| Financial charges | 65/66B | €12,583 | €8,659 | -€3,924 | -31.2% |
| Recurring financial charges | 65 | €12,583 | €8,659 | -€3,924 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €307,037 | €443,412 | +€136,375 | +44.4% |
| Income taxes | 67/77 | €97,939 | €142,941 | +€45,002 | +45.9% |
| Profit (loss) for the period | 9904 | €209,097 | €300,471 | +€91,374 | +43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €209,097 | €300,471 | +€91,374 | +43.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.