OUT-ZONE: 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.
OUT-ZONE
Largest movements
- Tangible fixed assets -€12,419
down €12,419 (-6.2%), from €201,691 to €189,272
of which Land and buildings: -€11,296
- Cash -€11,134
down €11,134 (-69.8%), from €15,958 to €4,824
mainly Other debts (-€22,769) and Contributions, distributions and other (-€20,000)
- Receivables within one year -€3,877
down €3,877 (-18.3%), from €21,190 to €17,313
of which Trade receivables: -€3,877
- Debts after one year +€25,431
up €25,431 (+53.7%), from €47,347 to €72,777
- Tax, wage and social debts +€23,216
up €23,216 (+124%), from €18,680 to €41,896
- Other debts -€22,769
down €22,769 (-42.2%), from €53,913 to €31,145
- Trade debts -€17,207
down €17,207 (-90.4%), from €19,024 to €1,817
- Short-term financial debts -€14,000
down €14,000 (-100%), from €14,000 to €0
- Other operating charges +€49,616
up €49,616 (+1,915%), from €2,590 to €52,206
- Gross operating margin +€29,968
up €29,968 (+45.7%), from €65,511 to €95,479
- Taxes -€6,292
down €6,292 (-47.3%), from €13,294 to €7,003
- Financial charges +€4,047
up €4,047 (+41.0%), from €9,881 to €13,929
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 | €242,683 | €215,254 | -€27,429 | -11.3% |
| Fixed assets | 21/28 | €201,691 | €189,272 | -€12,419 | -6.2% |
| Tangible fixed assets | 22/27 | €201,691 | €189,272 | -€12,419 | -6.2% |
| Land and buildings | 22 | €198,911 | €187,616 | -€11,296 | -5.7% |
| Plant, machinery and equipment | 23 | €1,917 | €1,240 | -€677 | -35.3% |
| Furniture and vehicles | 24 | €863 | €417 | -€446 | -51.7% |
| Current assets | 29/58 | €40,992 | €25,981 | -€15,011 | -36.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €21,190 | €17,313 | -€3,877 | -18.3% |
| Trade receivables | 40 | €20,484 | €16,607 | -€3,877 | -18.9% |
| Other amounts receivable | 41 | €706 | €706 | = | 0.0% |
| Current investments | 50/53 | €3,845 | €3,845 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,958 | €4,824 | -€11,134 | -69.8% |
| Total equity and liabilities | 10/49 | €242,683 | €215,254 | -€27,429 | -11.3% |
| Equity | 10/15 | €71,450 | €58,049 | -€13,400 | -18.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €25,987 | €18,171 | -€7,816 | -30.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,816 | €0 | -€7,816 | -100% |
| Distributable reserves | 133 | €16,311 | €16,311 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,063 | €27,478 | -€5,584 | -16.9% |
| Amounts payable | 17/49 | €171,233 | €157,204 | -€14,029 | -8.2% |
| Amounts payable after more than one year | 17 | €47,347 | €72,777 | +€25,431 | +53.7% |
| Financial debts | 170/4 | €47,347 | €72,777 | +€25,431 | +53.7% |
| Amounts payable within one year | 42/48 | €123,886 | €84,427 | -€39,459 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | €14,859 | €9,569 | -€5,290 | -35.6% |
| Financial debts | 43 | €14,000 | €0 | -€14,000 | -100% |
| Credit institutions | 430/8 | €14,000 | €0 | -€14,000 | -100% |
| Trade debts | 44 | €19,024 | €1,817 | -€17,207 | -90.4% |
| Suppliers | 440/4 | €19,024 | €1,817 | -€17,207 | -90.4% |
| Advances received on contracts in progress | 46 | €3,410 | €0 | -€3,410 | -100% |
| Taxes, remuneration and social security | 45 | €18,680 | €41,896 | +€23,216 | +124% |
| Taxes | 450/3 | €18,680 | €41,896 | +€23,216 | +124% |
| Other amounts payable | 47/48 | €53,913 | €31,145 | -€22,769 | -42.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €198 | €34,172 | +€33,974 | +17,149% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,696 | €12,419 | -€278 | -2.2% |
| Other operating charges | 640/8 | €2,590 | €52,206 | +€49,616 | +1,915% |
| Non-recurring operating charges | 66A | €3,878 | €3,429 | -€449 | -11.6% |
| Gross operating margin | 9900 | €65,511 | €95,479 | +€29,968 | +45.7% |
| Operating profit (loss) | 9901 | €46,347 | €27,426 | -€18,921 | -40.8% |
| Financial income | 75/76B | €140 | €105 | -€35 | -25.0% |
| Recurring financial income | 75 | €140 | €105 | -€35 | -25.0% |
| Financial charges | 65/66B | €9,881 | €13,929 | +€4,047 | +41.0% |
| Recurring financial charges | 65 | €9,881 | €13,929 | +€4,047 | +41.0% |
| Profit (loss) for the period before taxes | 9903 | €36,605 | €13,602 | -€23,003 | -62.8% |
| Income taxes | 67/77 | €13,294 | €7,003 | -€6,292 | -47.3% |
| Profit (loss) for the period | 9904 | €23,311 | €6,600 | -€16,711 | -71.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,311 | €6,600 | -€16,711 | -71.7% |
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 17 October 2026 via checked.be.