OMBRELLA: 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.
OMBRELLA
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+2102.8%), from €54,789 to €1.2m
of which Land and buildings: +€970,151
- Current investments -€1.0m
no longer reported in 2025 (was €1.0m)
- Receivables within one year -€904,694
down €904,694 (-97.5%), from €928,249 to €23,555
- Cash +€713,909
up €713,909 (+482.6%), from €147,938 to €861,846
mainly Current investments (+€1.0m) and Receivables within one year (+€904,694)
- Reserves -€70,532
down €70,532 (-4.3%), from €1.6m to €1.6m
of which Distributable reserves: -€43,019
- Other debts +€36,450
up €36,450 (+117.6%), from €31,000 to €67,450
- Gross operating margin -€1.7m
down €1.7m (-99.7%), from €1.7m to €4,986
- Financial income -€66,562
down €66,562 (-98.4%), from €67,619 to €1,057
- Depreciation +€36,883
up €36,883 (+6376.8%), from €578 to €37,461
- Taxes -€17,072
no longer reported in 2025 (was €17,072)
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 | €2,131,336 | €2,093,916 | -€37,421 | -1.8% |
| Fixed assets | 21/28 | €55,149 | €1,207,250 | +€1.2m | +2089.1% |
| Tangible fixed assets | 22/27 | €54,789 | €1,206,890 | +€1.2m | +2102.8% |
| Land and buildings | 22 | €2,675 | €972,826 | +€970,151 | +36266.4% |
| Plant, machinery and equipment | 23 | €677 | €545 | -€132 | -19.5% |
| Furniture and vehicles | 24 | €1,197 | €698 | -€500 | -41.7% |
| Assets under construction and advance payments | 27 | €50,239 | €232,820 | +€182,581 | +363.4% |
| Financial fixed assets | 28 | €361 | €361 | = | 0.0% |
| Current assets | 29/58 | €2,076,187 | €886,666 | -€1.2m | -57.3% |
| Amounts receivable within one year | 40/41 | €928,249 | €23,555 | -€904,694 | -97.5% |
| Other amounts receivable | 41 | €928,249 | €23,555 | -€904,694 | -97.5% |
| Current investments | 50/53 | €1,000,000 | - | -€1.0m | |
| Cash at bank and in hand | 54/58 | €147,938 | €861,846 | +€713,909 | +482.6% |
| Deferred charges and accrued income | 490/1 | - | €1,264 | +€1,264 | |
| Total equity and liabilities | 10/49 | €2,131,336 | €2,093,916 | -€37,421 | -1.8% |
| Equity | 10/15 | €1,687,454 | €1,616,922 | -€70,532 | -4.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,625,454 | €1,554,922 | -€70,532 | -4.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,238,455 | €1,210,941 | -€27,514 | -2.2% |
| Distributable reserves | 133 | €380,799 | €337,781 | -€43,019 | -11.3% |
| Provisions and deferred taxes | 16 | €412,818 | €403,647 | -€9,171 | -2.2% |
| Deferred taxes | 168 | €412,818 | €403,647 | -€9,171 | -2.2% |
| Amounts payable | 17/49 | €31,064 | €73,347 | +€42,283 | +136.1% |
| Amounts payable within one year | 42/48 | €31,064 | €73,347 | +€42,283 | +136.1% |
| Trade debts | 44 | €64 | €5,897 | +€5,833 | +9142.6% |
| Suppliers | 440/4 | €64 | €5,897 | +€5,833 | +9142.6% |
| Other amounts payable | 47/48 | €31,000 | €67,450 | +€36,450 | +117.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €578 | €37,461 | +€36,883 | +6376.8% |
| Other operating charges | 640/8 | €11,325 | €10,223 | -€1,102 | -9.7% |
| Gross operating margin | 9900 | €1,661,886 | €4,986 | -€1.7m | -99.7% |
| Operating profit (loss) | 9901 | €1,649,983 | -€42,698 | -€1.7m | |
| Financial income | 75/76B | €67,619 | €1,057 | -€66,562 | -98.4% |
| Recurring financial income | 75 | €67,619 | €1,057 | -€66,562 | -98.4% |
| Financial charges | 65/66B | €61 | €63 | +€2 | +2.5% |
| Recurring financial charges | 65 | €61 | €63 | +€2 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €1,717,541 | -€41,704 | -€1.8m | |
| Transfer from deferred taxes | 780 | - | €9,171 | +€9,171 | |
| Transfer to deferred taxes | 680 | €412,818 | - | -€412,818 | |
| Income taxes | 67/77 | €17,072 | - | -€17,072 | |
| Profit (loss) for the period | 9904 | €1,287,651 | -€32,532 | -€1.3m | |
| Transfer from tax-exempt reserves | 789 | - | €27,514 | +€27,514 | |
| Transfer to tax-exempt reserves | 689 | €1,238,455 | - | -€1.2m | |
| Profit (loss) for the period to be appropriated | 9905 | €49,196 | -€5,019 | -€54,215 |
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 4 October 2026 via checked.be.