ONSCREEN: 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.
ONSCREEN
Largest movements
- Receivables within one year -€180,311
down €180,311 (-29.5%), from €612,072 to €431,761
of which Trade receivables: -€207,916
- Cash +€68,427
up €68,427 (+22.0%), from €310,863 to €379,290
mainly Receivables within one year (+€180,311) and Depreciation (+€177,777)
- Tangible fixed assets -€15,186
down €15,186 (-3.7%), from €409,853 to €394,666
of which Plant, machinery and equipment: -€10,758
- Tax, wage and social debts -€94,799
down €94,799 (-42.9%), from €221,178 to €126,379
of which Taxes: -€107,197
- Other debts -€38,605
down €38,605 (-55.0%), from €70,214 to €31,609
- Trade debts -€18,836
down €18,836 (-14.3%), from €131,902 to €113,066
- Gross operating margin +€76,624
up €76,624 (+7.7%), from €1.0m to €1.1m
- Staff costs +€66,740
up €66,740 (+10.6%), from €631,914 to €698,654
- Other operating charges +€47,939
up €47,939 (+728.5%), from €6,581 to €54,519
- Taxes -€39,692
down €39,692 (-59.2%), from €67,036 to €27,344
- Depreciation +€26,288
up €26,288 (+17.4%), from €151,489 to €177,777
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 | €1,379,416 | €1,241,181 | -€138,235 | -10.0% |
| Fixed assets | 21/28 | €425,543 | €410,356 | -€15,186 | -3.6% |
| Tangible fixed assets | 22/27 | €409,853 | €394,666 | -€15,186 | -3.7% |
| Land and buildings | 22 | €21,610 | €18,274 | -€3,336 | -15.4% |
| Plant, machinery and equipment | 23 | €353,049 | €342,291 | -€10,758 | -3.0% |
| Furniture and vehicles | 24 | €22,674 | €22,924 | +€250 | +1.1% |
| Other tangible fixed assets | 26 | €12,520 | €11,178 | -€1,343 | -10.7% |
| Financial fixed assets | 28 | €15,690 | €15,690 | = | 0.0% |
| Current assets | 29/58 | €953,873 | €830,825 | -€123,049 | -12.9% |
| Amounts receivable within one year | 40/41 | €612,072 | €431,761 | -€180,311 | -29.5% |
| Trade receivables | 40 | €577,561 | €369,645 | -€207,916 | -36.0% |
| Other amounts receivable | 41 | €34,512 | €62,117 | +€27,605 | +80.0% |
| Cash at bank and in hand | 54/58 | €310,863 | €379,290 | +€68,427 | +22.0% |
| Deferred charges and accrued income | 490/1 | €30,938 | €19,773 | -€11,165 | -36.1% |
| Total equity and liabilities | 10/49 | €1,379,416 | €1,241,181 | -€138,235 | -10.0% |
| Equity | 10/15 | €903,050 | €912,277 | +€9,227 | +1.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €227,000 | €227,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €656,050 | €665,277 | +€9,227 | +1.4% |
| Amounts payable | 17/49 | €476,366 | €328,905 | -€147,462 | -31.0% |
| Amounts payable after more than one year | 17 | €20,943 | €21,966 | +€1,023 | +4.9% |
| Financial debts | 170/4 | €20,943 | €21,966 | +€1,023 | +4.9% |
| Amounts payable within one year | 42/48 | €455,423 | €306,939 | -€148,485 | -32.6% |
| Current portion of amounts payable after more than one year | 42 | €32,129 | €35,884 | +€3,754 | +11.7% |
| Trade debts | 44 | €131,902 | €113,066 | -€18,836 | -14.3% |
| Suppliers | 440/4 | €131,902 | €113,066 | -€18,836 | -14.3% |
| Taxes, remuneration and social security | 45 | €221,178 | €126,379 | -€94,799 | -42.9% |
| Taxes | 450/3 | €153,629 | €46,432 | -€107,197 | -69.8% |
| Remuneration and social security | 454/9 | €67,549 | €79,947 | +€12,399 | +18.4% |
| Other amounts payable | 47/48 | €70,214 | €31,609 | -€38,605 | -55.0% |
| Non-recurring operating income | 76A | - | €3,916 | +€3,916 | |
| Remuneration, social security and pensions | 62 | €631,914 | €698,654 | +€66,740 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151,489 | €177,777 | +€26,288 | +17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,631 | €4,541 | -€2,090 | -31.5% |
| Other operating charges | 640/8 | €6,581 | €54,519 | +€47,939 | +728.5% |
| Non-recurring operating charges | 66A | €10,063 | €90,836 | +€80,773 | +802.7% |
| Gross operating margin | 9900 | €1,000,526 | €1,077,149 | +€76,624 | +7.7% |
| Operating profit (loss) | 9901 | €193,848 | €50,822 | -€143,026 | -73.8% |
| Financial income | 75/76B | €2,780 | €4,301 | +€1,522 | +54.7% |
| Recurring financial income | 75 | €2,780 | €4,301 | +€1,522 | +54.7% |
| Financial charges | 65/66B | €6,475 | €6,052 | -€423 | -6.5% |
| Recurring financial charges | 65 | €6,475 | €6,052 | -€423 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €190,153 | €49,071 | -€141,082 | -74.2% |
| Income taxes | 67/77 | €67,036 | €27,344 | -€39,692 | -59.2% |
| Profit (loss) for the period | 9904 | €123,117 | €21,727 | -€101,390 | -82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €123,117 | €21,727 | -€101,390 | -82.4% |
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 9 October 2026 via checked.be.