NINETY-FIVE: 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.
NINETY-FIVE
Largest movements
- Receivables after one year +€100,000
new in 2025: €100,000
- Current investments +€65,199
up €65,199 (+102%), from €64,000 to €129,199
- Tangible fixed assets -€27,600
down €27,600 (-44.0%), from €62,776 to €35,176
- Other debts +€73,140
up €73,140 (+53,527%), from €137 to €73,276
- Reserves +€68,987
up €68,987 (+35.4%), from €194,886 to €263,873
- Debts after one year -€14,428
down €14,428 (-29.5%), from €48,982 to €34,554
- Accrued charges and deferred income +€5,199
new in 2025: €5,199
- Tax, wage and social debts +€5,025
up €5,025 (+267%), from €1,883 to €6,908
- Gross operating margin -€6,327
down €6,327 (-4.7%), from €134,953 to €128,626
- Financial income +€3,957
up €3,957 (+1,707%), from €232 to €4,189
- Taxes +€3,398
up €3,398 (+11.4%), from €29,915 to €33,312
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 | €261,612 | €400,559 | +€138,948 | +53.1% |
| Fixed assets | 21/28 | €62,776 | €35,176 | -€27,600 | -44.0% |
| Tangible fixed assets | 22/27 | €62,776 | €35,176 | -€27,600 | -44.0% |
| Furniture and vehicles | 24 | €62,776 | €35,176 | -€27,600 | -44.0% |
| Current assets | 29/58 | €198,835 | €365,383 | +€166,548 | +83.8% |
| Amounts receivable after more than one year | 29 | - | €100,000 | +€100,000 | |
| Other amounts receivable | 291 | - | €100,000 | +€100,000 | |
| Amounts receivable within one year | 40/41 | €26,075 | €25,564 | -€512 | -2.0% |
| Trade receivables | 40 | €18,970 | €22,412 | +€3,441 | +18.1% |
| Other amounts receivable | 41 | €7,105 | €3,152 | -€3,953 | -55.6% |
| Current investments | 50/53 | €64,000 | €129,199 | +€65,199 | +102% |
| Cash at bank and in hand | 54/58 | €108,760 | €110,621 | +€1,861 | +1.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €261,612 | €400,559 | +€138,948 | +53.1% |
| Equity | 10/15 | €194,886 | €263,873 | +€68,987 | +35.4% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €194,886 | €263,873 | +€68,987 | +35.4% |
| Distributable reserves | 133 | €194,886 | €263,873 | +€68,987 | +35.4% |
| Amounts payable | 17/49 | €66,726 | €136,687 | +€69,961 | +105% |
| Amounts payable after more than one year | 17 | €48,982 | €34,554 | -€14,428 | -29.5% |
| Financial debts | 170/4 | €48,982 | €34,554 | -€14,428 | -29.5% |
| Amounts payable within one year | 42/48 | €17,744 | €96,934 | +€79,190 | +446% |
| Current portion of amounts payable after more than one year | 42 | €14,205 | €14,428 | +€223 | +1.6% |
| Trade debts | 44 | €1,520 | €2,321 | +€801 | +52.7% |
| Suppliers | 440/4 | €1,520 | €2,321 | +€801 | +52.7% |
| Taxes, remuneration and social security | 45 | €1,883 | €6,908 | +€5,025 | +267% |
| Taxes | 450/3 | €1,883 | €6,908 | +€5,025 | +267% |
| Other amounts payable | 47/48 | €137 | €73,276 | +€73,140 | +53,527% |
| Accrued charges and deferred income | 492/3 | - | €5,199 | +€5,199 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,215 | €27,600 | -€615 | -2.2% |
| Other operating charges | 640/8 | €2,019 | €1,830 | -€189 | -9.4% |
| Gross operating margin | 9900 | €134,953 | €128,626 | -€6,327 | -4.7% |
| Operating profit (loss) | 9901 | €104,719 | €99,196 | -€5,523 | -5.3% |
| Financial income | 75/76B | €232 | €4,189 | +€3,957 | +1,707% |
| Recurring financial income | 75 | €232 | €4,189 | +€3,957 | +1,707% |
| Financial charges | 65/66B | €1,290 | €1,085 | -€205 | -15.9% |
| Recurring financial charges | 65 | €1,290 | €1,085 | -€205 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €103,661 | €102,299 | -€1,361 | -1.3% |
| Income taxes | 67/77 | €29,915 | €33,312 | +€3,398 | +11.4% |
| Profit (loss) for the period | 9904 | €73,746 | €68,987 | -€4,759 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €73,746 | €68,987 | -€4,759 | -6.5% |
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 15 October 2026 via checked.be.