NEW LINE: 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.
NEW LINE
Largest movements
- Receivables within one year -€12,610
no longer reported in 2026 (was €12,610)
- Tax, wage and social debts -€10,767
no longer reported in 2026 (was €10,767)
- Financial income -€66,334
down €66,334 (-99.4%), from €66,720 to €386
of which Non-recurring financial income: -€60,522
- Gross operating margin +€11,918
up €11,918 (+92.5%), from -€12,885 to -€967
- Taxes -€10,767
no longer reported in 2026 (was €10,767)
- Other operating charges +€400
new in 2026: €400
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €494,706 | €482,958 | -€11,748 | -2.4% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Land and buildings | 22 | €0 | €0 | = | |
| Current assets | 29/58 | €494,706 | €482,958 | -€11,748 | -2.4% |
| Amounts receivable within one year | 40/41 | €12,610 | - | -€12,610 | |
| Other amounts receivable | 41 | €12,610 | - | -€12,610 | |
| Cash at bank and in hand | 54/58 | €482,096 | €482,958 | +€862 | +0.2% |
| Total equity and liabilities | 10/49 | €494,706 | €482,958 | -€11,748 | -2.4% |
| Equity | 10/15 | €483,939 | €482,958 | -€981 | -0.2% |
| Reserves | 13 | €483,939 | €482,958 | -€981 | -0.2% |
| Non-distributable reserves | 130/1 | €31,380 | €31,380 | = | 0.0% |
| Reserves not available under the articles | 1311 | €31,380 | €31,380 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,223 | €9,223 | = | 0.0% |
| Distributable reserves | 133 | €443,336 | €442,355 | -€981 | -0.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €10,767 | - | -€10,767 | |
| Amounts payable within one year | 42/48 | €10,767 | - | -€10,767 | |
| Taxes, remuneration and social security | 45 | €10,767 | - | -€10,767 | |
| Taxes | 450/3 | €10,767 | - | -€10,767 | |
| Turnover | 70 | - | €0 | = | |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€12,885 | -€967 | +€11,918 | +92.5% |
| Operating profit (loss) | 9901 | -€12,885 | -€1,367 | +€11,518 | +89.4% |
| Financial income | 75/76B | €66,720 | €386 | -€66,334 | -99.4% |
| Recurring financial income | 75 | €6,198 | €386 | -€5,812 | -93.8% |
| Non-recurring financial income | 76B | €60,522 | - | -€60,522 | |
| Profit (loss) for the period before taxes | 9903 | €53,835 | -€981 | -€54,816 | |
| Income taxes | 67/77 | €10,767 | - | -€10,767 | |
| Profit (loss) for the period | 9904 | €43,068 | -€981 | -€44,049 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,068 | -€981 | -€44,049 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.