ONE - RESPE: 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.
ONE - RESPE
Largest movements
- Receivables within one year +€79,400
up €79,400 (+44.5%), from €178,576 to €257,975
of which Other amounts receivable: +€79,656
- Tangible fixed assets -€47,906
down €47,906 (-50.2%), from €95,457 to €47,551
of which Other tangible fixed assets: -€46,789
- Receivables after one year -€20,000
down €20,000 (-33.3%), from €60,000 to €40,000
- Deferred charges and accrued income -€10,289
down €10,289 (-85.7%), from €12,009 to €1,721
- Cash -€6,515
down €6,515 (-68.7%), from €9,477 to €2,962
mainly Receivables within one year (-€79,400) and Trade debts (-€12,414)
- Trade debts -€12,414
down €12,414 (-50.0%), from €24,830 to €12,416
- Reserves +€11,353
up €11,353 (+14.5%), from €78,356 to €89,709
- Tax, wage and social debts -€4,250
down €4,250 (-45.1%), from €9,428 to €5,178
- Gross operating margin -€20,865
down €20,865 (-24.3%), from €85,824 to €64,959
- Taxes -€5,295
down €5,295 (-52.0%), from €10,188 to €4,893
- Depreciation -€2,265
down €2,265 (-4.5%), from €50,171 to €47,906
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 | €355,519 | €350,209 | -€5,310 | -1.5% |
| Fixed assets | 21/28 | €95,457 | €47,551 | -€47,906 | -50.2% |
| Tangible fixed assets | 22/27 | €95,457 | €47,551 | -€47,906 | -50.2% |
| Land and buildings | 22 | €761 | - | -€761 | |
| Plant, machinery and equipment | 23 | €1,117 | €761 | -€356 | -31.8% |
| Other tangible fixed assets | 26 | €93,579 | €46,789 | -€46,789 | -50.0% |
| Current assets | 29/58 | €260,062 | €302,658 | +€42,596 | +16.4% |
| Amounts receivable after more than one year | 29 | €60,000 | €40,000 | -€20,000 | -33.3% |
| Other amounts receivable | 291 | €60,000 | €40,000 | -€20,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €178,576 | €257,975 | +€79,400 | +44.5% |
| Trade receivables | 40 | €9,296 | €9,040 | -€256 | -2.8% |
| Other amounts receivable | 41 | €169,280 | €248,935 | +€79,656 | +47.1% |
| Cash at bank and in hand | 54/58 | €9,477 | €2,962 | -€6,515 | -68.7% |
| Deferred charges and accrued income | 490/1 | €12,009 | €1,721 | -€10,289 | -85.7% |
| Total equity and liabilities | 10/49 | €355,519 | €350,209 | -€5,310 | -1.5% |
| Equity | 10/15 | €319,255 | €330,608 | +€11,353 | +3.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €78,356 | €89,709 | +€11,353 | +14.5% |
| Distributable reserves | 133 | €78,356 | €89,709 | +€11,353 | +14.5% |
| Profit (loss) carried forward | 14 | €228,499 | €228,499 | = | 0.0% |
| Amounts payable | 17/49 | €36,264 | €19,600 | -€16,664 | -46.0% |
| Amounts payable within one year | 42/48 | €36,264 | €19,600 | -€16,664 | -46.0% |
| Trade debts | 44 | €24,830 | €12,416 | -€12,414 | -50.0% |
| Suppliers | 440/4 | €24,830 | €12,416 | -€12,414 | -50.0% |
| Taxes, remuneration and social security | 45 | €9,428 | €5,178 | -€4,250 | -45.1% |
| Taxes | 450/3 | €9,428 | €5,178 | -€4,250 | -45.1% |
| Other amounts payable | 47/48 | €2,006 | €2,006 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,171 | €47,906 | -€2,265 | -4.5% |
| Other operating charges | 640/8 | €609 | €254 | -€355 | -58.2% |
| Gross operating margin | 9900 | €85,824 | €64,959 | -€20,865 | -24.3% |
| Operating profit (loss) | 9901 | €35,044 | €16,798 | -€18,246 | -52.1% |
| Financial income | 75/76B | €2,950 | €2,111 | -€839 | -28.4% |
| Recurring financial income | 75 | €2,950 | €2,111 | -€839 | -28.4% |
| Financial charges | 65/66B | €3,444 | €2,663 | -€781 | -22.7% |
| Recurring financial charges | 65 | €3,444 | €2,663 | -€781 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €34,550 | €16,246 | -€18,305 | -53.0% |
| Income taxes | 67/77 | €10,188 | €4,893 | -€5,295 | -52.0% |
| Profit (loss) for the period | 9904 | €24,363 | €11,353 | -€13,009 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,363 | €11,353 | -€13,009 | -53.4% |
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 22 October 2026 via checked.be.