NUMERO54: 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.
NUMERO54
Largest movements
- Cash -€23,593
down €23,593 (-34.4%), from €68,532 to €44,939
mainly Contributions, distributions and other (-€56,000) and Current investments (-€9,926)
- Current investments +€9,926
new in 2025: €9,926
- Tangible fixed assets -€9,695
down €9,695 (-31.1%), from €31,151 to €21,456
- Receivables within one year -€4,775
down €4,775 (-10.4%), from €45,837 to €41,062
of which Other amounts receivable: -€12,587
- Profit (loss) carried forward -€21,652
down €21,652 (-46.8%), from €46,233 to €24,581
- Reserves -€11,000
down €11,000 (-12.4%), from €88,360 to €77,360
of which Distributable reserves: -€11,000
- Other debts +€4,194
up €4,194 (+339.0%), from €1,237 to €5,431
- Gross operating margin +€5,008
up €5,008 (+13.3%), from €37,784 to €42,792
- Depreciation +€3,846
up €3,846 (+65.8%), from €5,849 to €9,695
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.
Cash bridge derived
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 | €145,520 | €117,875 | -€27,645 | -19.0% |
| Fixed assets | 21/28 | €31,151 | €21,456 | -€9,695 | -31.1% |
| Tangible fixed assets | 22/27 | €31,151 | €21,456 | -€9,695 | -31.1% |
| Furniture and vehicles | 24 | €31,151 | €21,456 | -€9,695 | -31.1% |
| Current assets | 29/58 | €114,369 | €96,419 | -€17,950 | -15.7% |
| Amounts receivable within one year | 40/41 | €45,837 | €41,062 | -€4,775 | -10.4% |
| Trade receivables | 40 | €32,103 | €39,915 | +€7,812 | +24.3% |
| Other amounts receivable | 41 | €13,734 | €1,147 | -€12,587 | -91.6% |
| Current investments | 50/53 | - | €9,926 | +€9,926 | |
| Cash at bank and in hand | 54/58 | €68,532 | €44,939 | -€23,593 | -34.4% |
| Deferred charges and accrued income | 490/1 | - | €492 | +€492 | |
| Total equity and liabilities | 10/49 | €145,520 | €117,875 | -€27,645 | -19.0% |
| Equity | 10/15 | €140,793 | €108,141 | -€32,652 | -23.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €88,360 | €77,360 | -€11,000 | -12.4% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €73,360 | €62,360 | -€11,000 | -15.0% |
| Profit (loss) carried forward | 14 | €46,233 | €24,581 | -€21,652 | -46.8% |
| Amounts payable | 17/49 | €4,727 | €9,734 | +€5,007 | +105.9% |
| Amounts payable within one year | 42/48 | €4,727 | €9,734 | +€5,007 | +105.9% |
| Trade debts | 44 | €664 | €703 | +€39 | +5.9% |
| Suppliers | 440/4 | €664 | €703 | +€39 | +5.9% |
| Taxes, remuneration and social security | 45 | €2,826 | €3,600 | +€774 | +27.4% |
| Taxes | 450/3 | €2,826 | €3,600 | +€774 | +27.4% |
| Other amounts payable | 47/48 | €1,237 | €5,431 | +€4,194 | +339.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,849 | €9,695 | +€3,846 | +65.8% |
| Other operating charges | 640/8 | €1,277 | €864 | -€413 | -32.3% |
| Gross operating margin | 9900 | €37,784 | €42,792 | +€5,008 | +13.3% |
| Operating profit (loss) | 9901 | €30,658 | €32,233 | +€1,575 | +5.1% |
| Financial income | 75/76B | €224 | €562 | +€338 | +150.9% |
| Recurring financial income | 75 | €224 | €562 | +€338 | +150.9% |
| Financial charges | 65/66B | €37 | €165 | +€128 | +345.9% |
| Recurring financial charges | 65 | €37 | €165 | +€128 | +345.9% |
| Profit (loss) for the period before taxes | 9903 | €30,845 | €32,630 | +€1,785 | +5.8% |
| Income taxes | 67/77 | €9,366 | €9,282 | -€84 | -0.9% |
| Profit (loss) for the period | 9904 | €21,479 | €23,348 | +€1,869 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,479 | €23,348 | +€1,869 | +8.7% |
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 11 October 2026 via checked.be.