Objektenkabinet: 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.
Objektenkabinet
Largest movements
- Tangible fixed assets +€30,384
up €30,384 (+15.7%), from €193,546 to €223,930
of which Other tangible fixed assets: +€33,551
- Cash +€19,127
up €19,127 (+433%), from €4,416 to €23,544
mainly Debts after one year (+€45,938) and Other debts (+€40,567)
- Receivables within one year -€2,601
down €2,601 (-28.9%), from €8,992 to €6,391
of which Trade receivables: -€2,349
- Debts after one year +€45,938
up €45,938 (+44.0%), from €104,343 to €150,280
- Other debts +€40,567
up €40,567 (+588%), from €6,898 to €47,465
- Advances received -€37,500
no longer reported in 2026 (was €37,500)
- Profit (loss) carried forward +€13,006
up €13,006 (+63.2%), from €20,575 to €33,581
- Tax, wage and social debts -€12,231
down €12,231 (-76.0%), from €16,100 to €3,869
of which Remuneration and social security: -€13,008
- Depreciation -€8,035
down €8,035 (-62.2%), from €12,910 to €4,875
- Gross operating margin -€4,372
down €4,372 (-14.2%), from €30,824 to €26,452
- Financial charges +€1,074
up €1,074 (+67.0%), from €1,603 to €2,677
- Other operating charges +€974
up €974 (+117%), from €834 to €1,809
- Taxes +€312
up €312 (+8.3%), from €3,774 to €4,086
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.
Derived cash bridge
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 | €209,360 | €255,566 | +€46,206 | +22.1% |
| Fixed assets | 21/28 | €193,546 | €223,930 | +€30,384 | +15.7% |
| Tangible fixed assets | 22/27 | €193,546 | €223,930 | +€30,384 | +15.7% |
| Furniture and vehicles | 24 | €7,082 | €3,916 | -€3,167 | -44.7% |
| Other tangible fixed assets | 26 | €186,464 | €220,015 | +€33,551 | +18.0% |
| Current assets | 29/58 | €15,814 | €31,635 | +€15,822 | +100% |
| Amounts receivable within one year | 40/41 | €8,992 | €6,391 | -€2,601 | -28.9% |
| Trade receivables | 40 | €7,710 | €5,361 | -€2,349 | -30.5% |
| Other amounts receivable | 41 | €1,282 | €1,030 | -€252 | -19.7% |
| Cash at bank and in hand | 54/58 | €4,416 | €23,544 | +€19,127 | +433% |
| Deferred charges and accrued income | 490/1 | €2,406 | €1,701 | -€705 | -29.3% |
| Total equity and liabilities | 10/49 | €209,360 | €255,566 | +€46,206 | +22.1% |
| Equity | 10/15 | €25,575 | €38,581 | +€13,006 | +50.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,575 | €33,581 | +€13,006 | +63.2% |
| Amounts payable | 17/49 | €183,784 | €216,985 | +€33,200 | +18.1% |
| Amounts payable after more than one year | 17 | €104,343 | €150,280 | +€45,938 | +44.0% |
| Financial debts | 170/4 | €104,343 | €150,280 | +€45,938 | +44.0% |
| Amounts payable within one year | 42/48 | €70,005 | €54,630 | -€15,375 | -22.0% |
| Trade debts | 44 | €9,507 | €3,297 | -€6,211 | -65.3% |
| Suppliers | 440/4 | €9,507 | €3,297 | -€6,211 | -65.3% |
| Advances received on contracts in progress | 46 | €37,500 | - | -€37,500 | |
| Taxes, remuneration and social security | 45 | €16,100 | €3,869 | -€12,231 | -76.0% |
| Taxes | 450/3 | €3,092 | €3,869 | +€777 | +25.1% |
| Remuneration and social security | 454/9 | €13,008 | - | -€13,008 | |
| Other amounts payable | 47/48 | €6,898 | €47,465 | +€40,567 | +588% |
| Accrued charges and deferred income | 492/3 | €9,436 | €12,074 | +€2,638 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,910 | €4,875 | -€8,035 | -62.2% |
| Other operating charges | 640/8 | €834 | €1,809 | +€974 | +117% |
| Non-recurring operating charges | 66A | €1,138 | - | -€1,138 | |
| Gross operating margin | 9900 | €30,824 | €26,452 | -€4,372 | -14.2% |
| Operating profit (loss) | 9901 | €15,942 | €19,769 | +€3,827 | +24.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,603 | €2,677 | +€1,074 | +67.0% |
| Recurring financial charges | 65 | €1,603 | €2,677 | +€1,074 | +67.0% |
| Profit (loss) for the period before taxes | 9903 | €14,339 | €17,092 | +€2,753 | +19.2% |
| Income taxes | 67/77 | €3,774 | €4,086 | +€312 | +8.3% |
| Profit (loss) for the period | 9904 | €10,565 | €13,006 | +€2,441 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,565 | €13,006 | +€2,441 | +23.1% |
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 15 October 2026 via checked.be.