NEW BUSINESS PLATFORM: what changed
NEW BUSINESS PLATFORM
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Short-term financial debts -€104,205
down €104,205 (-47.4%), from €220,000 to €115,795
of which Credit institutions: -€120,000
- Profit (loss) carried forward +€76,710
up €76,710 (+8.1%), from €946,100 to €1.0m
- Debts after one year -€35,738
down €35,738 (-2.9%), from €1.2m to €1.2m
- Trade debts +€26,761
up €26,761 (+2,429%), from €1,102 to €27,862
- Accrued charges and deferred income +€26,100
up €26,100 (+800%), from €3,263 to €29,363
- Financial income -€597,270
no longer reported in 2025 (was €597,270)
- Gross operating margin +€138,665
up €138,665 (+1,393%), from €9,954 to €148,620
- Financial charges -€98,445
down €98,445 (-67.8%), from €145,106 to €46,661
of which Non-recurring financial charges: -€138,746
- Taxes +€20,185
up €20,185 (+419%), from €4,815 to €25,000
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,512,962 | €2,505,295 | -€7,667 | -0.3% |
| Fixed assets | 21/28 | €2,501,250 | €2,501,250 | = | 0.0% |
| Financial fixed assets | 28 | €2,501,250 | €2,501,250 | = | 0.0% |
| Current assets | 29/58 | €11,712 | €4,045 | -€7,667 | -65.5% |
| Amounts receivable within one year | 40/41 | €3,210 | €3,210 | = | 0.0% |
| Other amounts receivable | 41 | €3,210 | €3,210 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,502 | €835 | -€7,667 | -90.2% |
| Total equity and liabilities | 10/49 | €2,512,962 | €2,505,295 | -€7,667 | -0.3% |
| Equity | 10/15 | €1,015,026 | €1,091,736 | +€76,710 | +7.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €50,375 | €50,375 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €48,520 | €48,520 | = | 0.0% |
| Profit (loss) carried forward | 14 | €946,100 | €1,022,811 | +€76,710 | +8.1% |
| Amounts payable | 17/49 | €1,497,936 | €1,413,559 | -€84,377 | -5.6% |
| Amounts payable after more than one year | 17 | €1,232,543 | €1,196,805 | -€35,738 | -2.9% |
| Financial debts | 170/4 | €1,232,543 | €1,196,805 | -€35,738 | -2.9% |
| Amounts payable within one year | 42/48 | €262,131 | €187,391 | -€74,739 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €37,457 | €35,738 | -€1,719 | -4.6% |
| Financial debts | 43 | €220,000 | €115,795 | -€104,205 | -47.4% |
| Credit institutions | 430/8 | €120,000 | - | -€120,000 | |
| Other loans | 439 | €100,000 | €115,795 | +€15,795 | +15.8% |
| Trade debts | 44 | €1,102 | €27,862 | +€26,761 | +2,429% |
| Suppliers | 440/4 | €1,102 | €27,862 | +€26,761 | +2,429% |
| Taxes, remuneration and social security | 45 | €3,572 | €7,996 | +€4,424 | +124% |
| Taxes | 450/3 | €3,572 | €7,996 | +€4,424 | +124% |
| Accrued charges and deferred income | 492/3 | €3,263 | €29,363 | +€26,100 | +800% |
| Other operating charges | 640/8 | €125 | €249 | +€124 | +99.2% |
| Gross operating margin | 9900 | €9,954 | €148,620 | +€138,665 | +1,393% |
| Operating profit (loss) | 9901 | €9,829 | €148,371 | +€138,541 | +1,409% |
| Financial income | 75/76B | €597,270 | - | -€597,270 | |
| Recurring financial income | 75 | €597,270 | - | -€597,270 | |
| Financial charges | 65/66B | €145,106 | €46,661 | -€98,445 | -67.8% |
| Recurring financial charges | 65 | €6,360 | €46,661 | +€40,300 | +634% |
| Non-recurring financial charges | 66B | €138,746 | - | -€138,746 | |
| Profit (loss) for the period before taxes | 9903 | €461,994 | €101,710 | -€360,284 | -78.0% |
| Income taxes | 67/77 | €4,815 | €25,000 | +€20,185 | +419% |
| Profit (loss) for the period | 9904 | €457,179 | €76,710 | -€380,469 | -83.2% |
| Profit (loss) for the period to be appropriated | 9905 | €457,179 | €76,710 | -€380,469 | -83.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.