OPTION: 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.
OPTION
Largest movements
- Cash -€14,208
down €14,208 (-3.0%), from €477,404 to €463,196
mainly Other debts (-€10,831) and Net result for the year (-€3,933)
- Other debts -€10,831
down €10,831 (-42.9%), from €25,263 to €14,432
- Gross operating margin +€844
up €844 (+22.0%), from -€3,828 to -€2,984
- Other operating charges +€272
up €272 (+117%), from €233 to €505
- Taxes +€173
up €173 (+101%), from €171 to €344
- Financial charges -€75
down €75 (-42.9%), from €175 to €100
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 | €477,986 | €463,566 | -€14,420 | -3.0% |
| Fixed assets | 21/28 | €30 | €30 | = | 0.0% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €477,956 | €463,536 | -€14,420 | -3.0% |
| Amounts receivable within one year | 40/41 | €190 | - | -€190 | |
| Other amounts receivable | 41 | €190 | - | -€190 | |
| Cash at bank and in hand | 54/58 | €477,404 | €463,196 | -€14,208 | -3.0% |
| Deferred charges and accrued income | 490/1 | €362 | €340 | -€22 | -6.1% |
| Total equity and liabilities | 10/49 | €477,986 | €463,566 | -€14,420 | -3.0% |
| Equity | 10/15 | €399,041 | €395,108 | -€3,933 | -1.0% |
| Contributions | 10/11 | €8,057 | €8,057 | = | 0.0% |
| Reserves | 13 | €380,000 | €380,000 | = | 0.0% |
| Distributable reserves | 133 | €380,000 | €380,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,984 | €7,051 | -€3,933 | -35.8% |
| Amounts payable | 17/49 | €78,945 | €68,458 | -€10,487 | -13.3% |
| Amounts payable after more than one year | 17 | €53,676 | €53,676 | = | 0.0% |
| Financial debts | 170/4 | €53,676 | €53,676 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,269 | €14,782 | -€10,487 | -41.5% |
| Taxes, remuneration and social security | 45 | €6 | €350 | +€344 | +5,733% |
| Taxes | 450/3 | €6 | €350 | +€344 | +5,733% |
| Other amounts payable | 47/48 | €25,263 | €14,432 | -€10,831 | -42.9% |
| Other operating charges | 640/8 | €233 | €505 | +€272 | +117% |
| Gross operating margin | 9900 | -€3,828 | -€2,984 | +€844 | +22.0% |
| Operating profit (loss) | 9901 | -€4,061 | -€3,489 | +€572 | +14.1% |
| Financial charges | 65/66B | €175 | €100 | -€75 | -42.9% |
| Recurring financial charges | 65 | €175 | €100 | -€75 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,236 | -€3,589 | +€647 | +15.3% |
| Income taxes | 67/77 | €171 | €344 | +€173 | +101% |
| Profit (loss) for the period | 9904 | -€4,407 | -€3,933 | +€474 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,407 | -€3,933 | +€474 | +10.8% |
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 26 October 2026 via checked.be.