Nummer 17: what changed
Two fiscal 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.
Nummer 17
Largest movements
- Cash +€49,397
up €49,397 (+289.1%), from €17,086 to €66,483
mainly Current investments (+€45,000) and Depreciation (+€24,887)
- Current investments -€45,000
down €45,000 (-100.0%), from €45,000 to €0
- Tangible fixed assets -€24,887
down €24,887 (-5.3%), from €469,068 to €444,181
- Debts after one year -€33,930
down €33,930 (-24.7%), from €137,448 to €103,518
- Profit (loss) carried forward -€30,439
down €30,439 (-19.2%), from -€158,885 to -€189,324
- Other debts +€23,275
up €23,275 (+5.9%), from €391,835 to €415,110
- Current portion of long-term debt +€20,402
up €20,402 (+39.3%), from €51,971 to €72,373
- Financial charges -€2,969
down €2,969 (-8.4%), from €35,168 to €32,199
- Gross operating margin -€1,654
down €1,654 (-5.0%), from €33,146 to €31,493
- Financial income -€1,607
down €1,607 (-89.3%), from €1,800 to €193
- Taxes +€540
up €540, from -€540 to €0
- Other operating charges -€397
down €397 (-7.3%), from €5,436 to €5,038
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 | €531,694 | €510,664 | -€21,030 | -4.0% |
| Fixed assets | 21/28 | €469,068 | €444,181 | -€24,887 | -5.3% |
| Tangible fixed assets | 22/27 | €469,068 | €444,181 | -€24,887 | -5.3% |
| Land and buildings | 22 | €469,068 | €444,181 | -€24,887 | -5.3% |
| Current assets | 29/58 | €62,626 | €66,483 | +€3,857 | +6.2% |
| Amounts receivable within one year | 40/41 | €540 | €0 | -€540 | -100.0% |
| Other amounts receivable | 41 | €540 | €0 | -€540 | -100.0% |
| Current investments | 50/53 | €45,000 | €0 | -€45,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €17,086 | €66,483 | +€49,397 | +289.1% |
| Total equity and liabilities | 10/49 | €531,694 | €510,664 | -€21,030 | -4.0% |
| Equity | 10/15 | -€58,885 | -€89,324 | -€30,439 | -51.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€158,885 | -€189,324 | -€30,439 | -19.2% |
| Amounts payable | 17/49 | €590,579 | €599,988 | +€9,409 | +1.6% |
| Amounts payable after more than one year | 17 | €137,448 | €103,518 | -€33,930 | -24.7% |
| Financial debts | 170/4 | €137,448 | €103,518 | -€33,930 | -24.7% |
| Amounts payable within one year | 42/48 | €453,131 | €496,470 | +€43,339 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €51,971 | €72,373 | +€20,402 | +39.3% |
| Taxes, remuneration and social security | 45 | €9,326 | €8,987 | -€338 | -3.6% |
| Taxes | 450/3 | €9,326 | €8,987 | -€338 | -3.6% |
| Other amounts payable | 47/48 | €391,835 | €415,110 | +€23,275 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,887 | €24,887 | = | 0.0% |
| Other operating charges | 640/8 | €5,436 | €5,038 | -€397 | -7.3% |
| Gross operating margin | 9900 | €33,146 | €31,493 | -€1,654 | -5.0% |
| Operating profit (loss) | 9901 | €2,824 | €1,568 | -€1,256 | -44.5% |
| Financial income | 75/76B | €1,800 | €193 | -€1,607 | -89.3% |
| Recurring financial income | 75 | €1,800 | €193 | -€1,607 | -89.3% |
| Financial charges | 65/66B | €35,168 | €32,199 | -€2,969 | -8.4% |
| Recurring financial charges | 65 | €35,168 | €32,199 | -€2,969 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€30,544 | -€30,439 | +€105 | +0.3% |
| Income taxes | 67/77 | -€540 | €0 | +€540 | |
| Profit (loss) for the period | 9904 | -€30,004 | -€30,439 | -€435 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,004 | -€30,439 | -€435 | -1.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.