NEED PRODUCTIONS: 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.
NEED PRODUCTIONS
Largest movements
- Intangible fixed assets +€294,232
up €294,232 (+10.4%), from €2.8m to €3.1m
- Receivables within one year -€167,960
down €167,960 (-55.3%), from €303,897 to €135,937
of which Trade receivables: -€200,990
- Cash -€72,707
down €72,707 (-28.5%), from €254,942 to €182,235
mainly Investment in fixed assets (net) (-€1.2m) and Trade debts (-€121,514)
- Investment grants +€155,952
up €155,952 (+5.1%), from €3.0m to €3.2m
- Trade debts -€121,514
down €121,514 (-50.8%), from €239,070 to €117,556
- Profit (loss) carried forward +€43,056
up €43,056, from -€20,871 to €22,185
- Turnover +€217,902
up €217,902 (+11.4%), from €1.9m to €2.1m
- Depreciation +€186,052
up €186,052 (+27.5%), from €676,306 to €862,358
- Gross operating margin +€141,507
up €141,507 (+12.5%), from €1.1m to €1.3m
- Purchases and services +€76,395
up €76,395 (+9.8%), from €777,183 to €853,578
- Staff costs -€49,622
down €49,622 (-12.0%), from €412,106 to €362,484
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 | €3,389,796 | €3,442,539 | +€52,743 | +1.6% |
| Fixed assets | 21/28 | €2,830,957 | €3,124,367 | +€293,410 | +10.4% |
| Intangible fixed assets | 21 | €2,826,548 | €3,120,780 | +€294,232 | +10.4% |
| Tangible fixed assets | 22/27 | €2,159 | €1,337 | -€822 | -38.1% |
| Plant, machinery and equipment | 23 | €2,159 | €1,337 | -€822 | -38.1% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €558,839 | €318,172 | -€240,667 | -43.1% |
| Amounts receivable within one year | 40/41 | €303,897 | €135,937 | -€167,960 | -55.3% |
| Trade receivables | 40 | €296,892 | €95,902 | -€200,990 | -67.7% |
| Other amounts receivable | 41 | €7,005 | €40,035 | +€33,030 | +472% |
| Cash at bank and in hand | 54/58 | €254,942 | €182,235 | -€72,707 | -28.5% |
| Total equity and liabilities | 10/49 | €3,389,796 | €3,442,539 | +€52,743 | +1.6% |
| Equity | 10/15 | €3,030,750 | €3,229,758 | +€199,008 | +6.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,871 | €22,185 | +€43,056 | |
| Investment grants | 15 | €3,033,029 | €3,188,981 | +€155,952 | +5.1% |
| Amounts payable | 17/49 | €359,046 | €212,781 | -€146,265 | -40.7% |
| Amounts payable after more than one year | 17 | - | €23,525 | +€23,525 | |
| Financial debts | 170/4 | - | €23,525 | +€23,525 | |
| Amounts payable within one year | 42/48 | €359,046 | €189,256 | -€169,790 | -47.3% |
| Current portion of amounts payable after more than one year | 42 | €21,952 | €5,569 | -€16,383 | -74.6% |
| Financial debts | 43 | €4,803 | - | -€4,803 | |
| Credit institutions | 430/8 | €4,803 | - | -€4,803 | |
| Trade debts | 44 | €239,070 | €117,556 | -€121,514 | -50.8% |
| Suppliers | 440/4 | €239,070 | €117,556 | -€121,514 | -50.8% |
| Taxes, remuneration and social security | 45 | €48,598 | €52,650 | +€4,052 | +8.3% |
| Taxes | 450/3 | €3,979 | €1,233 | -€2,746 | -69.0% |
| Remuneration and social security | 454/9 | €44,619 | €51,417 | +€6,798 | +15.2% |
| Other amounts payable | 47/48 | €44,623 | €13,481 | -€31,142 | -69.8% |
| Turnover | 70 | €1,905,884 | €2,123,786 | +€217,902 | +11.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €777,183 | €853,578 | +€76,395 | +9.8% |
| Remuneration, social security and pensions | 62 | €412,106 | €362,484 | -€49,622 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €676,306 | €862,358 | +€186,052 | +27.5% |
| Other operating charges | 640/8 | €968 | €999 | +€31 | +3.2% |
| Non-recurring operating charges | 66A | €3,322 | - | -€3,322 | |
| Gross operating margin | 9900 | €1,128,701 | €1,270,208 | +€141,507 | +12.5% |
| Operating profit (loss) | 9901 | €35,999 | €44,367 | +€8,368 | +23.2% |
| Financial income | 75/76B | €132 | €896 | +€764 | +579% |
| Recurring financial income | 75 | €132 | €896 | +€764 | +579% |
| Financial charges | 65/66B | €4,319 | €2,207 | -€2,112 | -48.9% |
| Recurring financial charges | 65 | €4,319 | €2,207 | -€2,112 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | €31,812 | €43,056 | +€11,244 | +35.3% |
| Profit (loss) for the period | 9904 | €31,812 | €43,056 | +€11,244 | +35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,812 | €43,056 | +€11,244 | +35.3% |
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 25 October 2026 via checked.be.