Organiz: 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.
Organiz
Largest movements
- Cash -€180,999
down €180,999 (-73.3%), from €247,092 to €66,093
mainly Other debts (-€120,612) and Net result for the year (-€110,789)
- Receivables within one year -€125,889
down €125,889 (-81.1%), from €155,234 to €29,345
of which Other amounts receivable: -€131,561
- Current investments -€20,000
down €20,000 (-9.1%), from €220,000 to €200,000
- Deferred charges and accrued income -€16,357
down €16,357 (-68.7%), from €23,820 to €7,462
- Other debts -€120,612
down €120,612 (-92.9%), from €129,879 to €9,268
- Profit (loss) carried forward -€110,789
new in 2025: -€110,789
- Reserves -€77,849
down €77,849 (-11.8%), from €662,218 to €584,369
of which Distributable reserves: -€77,849
- Debts after one year -€35,070
down €35,070 (-16.1%), from €217,492 to €182,422
- Tax, wage and social debts -€13,791
down €13,791 (-64.8%), from €21,291 to €7,500
of which Taxes: -€15,551
- Gross operating margin -€482,448
down €482,448, from €465,837 to -€16,610
- Taxes -€92,887
down €92,887 (-99.6%), from €93,261 to €374
- Write-downs -€48,205
no longer reported in 2025 (was €48,205)
- Financial charges -€18,395
down €18,395 (-44.3%), from €41,537 to €23,142
- Other operating charges +€15,304
up €15,304 (+91.2%), from €16,787 to €32,091
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 | €1,106,245 | €756,857 | -€349,388 | -31.6% |
| Fixed assets | 21/28 | €460,100 | €453,957 | -€6,143 | -1.3% |
| Tangible fixed assets | 22/27 | €459,600 | €453,457 | -€6,143 | -1.3% |
| Land and buildings | 22 | €336,726 | €377,803 | +€41,076 | +12.2% |
| Furniture and vehicles | 24 | €67,379 | €75,654 | +€8,275 | +12.3% |
| Other tangible fixed assets | 26 | €55,494 | - | -€55,494 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €646,146 | €302,900 | -€343,245 | -53.1% |
| Amounts receivable within one year | 40/41 | €155,234 | €29,345 | -€125,889 | -81.1% |
| Trade receivables | 40 | €16,278 | €21,950 | +€5,672 | +34.8% |
| Other amounts receivable | 41 | €138,956 | €7,395 | -€131,561 | -94.7% |
| Current investments | 50/53 | €220,000 | €200,000 | -€20,000 | -9.1% |
| Cash at bank and in hand | 54/58 | €247,092 | €66,093 | -€180,999 | -73.3% |
| Deferred charges and accrued income | 490/1 | €23,820 | €7,462 | -€16,357 | -68.7% |
| Total equity and liabilities | 10/49 | €1,106,245 | €756,857 | -€349,388 | -31.6% |
| Equity | 10/15 | €674,618 | €485,980 | -€188,638 | -28.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €662,218 | €584,369 | -€77,849 | -11.8% |
| Tax-exempt reserves | 132 | €101,040 | €101,040 | = | 0.0% |
| Distributable reserves | 133 | €561,178 | €483,329 | -€77,849 | -13.9% |
| Profit (loss) carried forward | 14 | - | -€110,789 | -€110,789 | |
| Provisions and deferred taxes | 16 | €28,111 | €28,348 | +€237 | +0.8% |
| Provisions for liabilities and charges | 160/5 | €28,111 | €28,348 | +€237 | +0.8% |
| Other liabilities and charges | 164/5 | €28,111 | €28,348 | +€237 | +0.8% |
| Amounts payable | 17/49 | €403,516 | €242,529 | -€160,987 | -39.9% |
| Amounts payable after more than one year | 17 | €217,492 | €182,422 | -€35,070 | -16.1% |
| Financial debts | 170/4 | €217,492 | €182,422 | -€35,070 | -16.1% |
| Amounts payable within one year | 42/48 | €185,766 | €57,406 | -€128,360 | -69.1% |
| Current portion of amounts payable after more than one year | 42 | €33,755 | €35,070 | +€1,315 | +3.9% |
| Trade debts | 44 | €841 | €5,569 | +€4,728 | +562% |
| Suppliers | 440/4 | €841 | €5,569 | +€4,728 | +562% |
| Taxes, remuneration and social security | 45 | €21,291 | €7,500 | -€13,791 | -64.8% |
| Taxes | 450/3 | €21,258 | €5,707 | -€15,551 | -73.2% |
| Remuneration and social security | 454/9 | €33 | €1,793 | +€1,760 | +5,333% |
| Other amounts payable | 47/48 | €129,879 | €9,268 | -€120,612 | -92.9% |
| Accrued charges and deferred income | 492/3 | €257 | €2,700 | +€2,443 | +951% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,464 | €43,527 | +€2,063 | +5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €48,205 | - | -€48,205 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€84 | €237 | +€321 | |
| Other operating charges | 640/8 | €16,787 | €32,091 | +€15,304 | +91.2% |
| Gross operating margin | 9900 | €465,837 | -€16,610 | -€482,448 | |
| Operating profit (loss) | 9901 | €359,465 | -€92,465 | -€451,930 | |
| Financial income | 75/76B | €3,521 | €5,193 | +€1,672 | +47.5% |
| Recurring financial income | 75 | €3,521 | €5,193 | +€1,672 | +47.5% |
| Financial charges | 65/66B | €41,537 | €23,142 | -€18,395 | -44.3% |
| Recurring financial charges | 65 | €41,537 | €23,142 | -€18,395 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | €321,449 | -€110,414 | -€431,863 | |
| Income taxes | 67/77 | €93,261 | €374 | -€92,887 | -99.6% |
| Profit (loss) for the period | 9904 | €228,187 | -€110,789 | -€338,976 | |
| Transfer to tax-exempt reserves | 689 | €101,040 | - | -€101,040 | |
| Profit (loss) for the period to be appropriated | 9905 | €127,147 | -€110,789 | -€237,936 |
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 27 October 2026 via checked.be.