OUTDOOR OPERATIONS: 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.
What changed
OUTDOOR OPERATIONS
NACE 82.100, Office administrative and support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€100,574
2024 · €94,274+€6,299
Equity
€13.3m
2024 · €13.2m+€100,574
Cash
€3,051
2024 · €23,607-€20,557
Balance sheet total
€13.4m
2024 · €13.3m+€179,646
Largest movements
Assets
- Receivables within one year +€413,619
up €413,619 (+162%), from €255,309 to €668,928
of which Trade receivables: +€413,619
- Financial fixed assets -€214,251
down €214,251 (-1.7%), from €12.9m to €12.7m
of which Affiliated companies: -€214,251
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Turnover +€48,248
up €48,248 (+7.0%), from €691,449 to €739,697
- Staff costs +€38,159
up €38,159 (+9.0%), from €422,040 to €460,199
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.
Result 2024
€94,274
Turnover
+€48,248
Other operating income
+€57
Services and other goods
-€4,003
Staff costs
-€38,159
Depreciation
-€613
Other operating charges
-€89
Financial income
+€759
Financial charges
+€82
Taxes
+€17
Result 2025
€100,574
raises the resultlowers the result
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.
From operations
-€232,495
Investment
+€211,938
Financing
€0
Cash 2024
€23,607
From operations (derived)
-€232,495
Net result for the year
+€100,574
Depreciation
+€2,162
Receivables within one year
-€413,619
Deferred charges and accrued income
-€684
Trade debts
-€14,936
Tax, wage and social debts
+€94,007
Investment (derived)
+€211,938
Investment in fixed assets (net)
+€211,938
Cash 2025
€3,051
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,262,025 | €13,441,670 | +€179,646 | +1.4% |
| Fixed assets | 21/28 | €12,907,359 | €12,693,259 | -€214,100 | -1.7% |
| Tangible fixed assets | 22/27 | €2,397 | €2,548 | +€151 | +6.3% |
| Plant, machinery and equipment | 23 | €2,397 | €2,548 | +€151 | +6.3% |
| Financial fixed assets | 28 | €12,904,963 | €12,690,712 | -€214,251 | -1.7% |
| Affiliated companies | 280/1 | €12,904,627 | €12,690,376 | -€214,251 | -1.7% |
| Participating interests | 280 | €9,510,982 | €9,510,982 | = | 0.0% |
| Amounts receivable | 281 | €3,393,645 | €3,179,394 | -€214,251 | -6.3% |
| Other financial fixed assets | 284/8 | €336 | €336 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €336 | €336 | = | 0.0% |
| Current assets | 29/58 | €354,665 | €748,411 | +€393,746 | +111% |
| Amounts receivable within one year | 40/41 | €255,309 | €668,928 | +€413,619 | +162% |
| Trade receivables | 40 | €255,309 | €668,928 | +€413,619 | +162% |
| Other amounts receivable | 41 | - | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €23,607 | €3,051 | -€20,557 | -87.1% |
| Deferred charges and accrued income | 490/1 | €75,749 | €76,432 | +€684 | +0.9% |
| Total equity and liabilities | 10/49 | €13,262,025 | €13,441,670 | +€179,646 | +1.4% |
| Equity | 10/15 | €13,153,391 | €13,253,965 | +€100,574 | +0.8% |
| Contributions | 10/11 | €1,497,255 | €1,497,255 | = | 0.0% |
| Reserves | 13 | €79,151 | €79,151 | = | 0.0% |
| Distributable reserves | 133 | €79,151 | €79,151 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,576,985 | €11,677,559 | +€100,574 | +0.9% |
| Amounts payable | 17/49 | €108,634 | €187,706 | +€79,072 | +72.8% |
| Amounts payable within one year | 42/48 | €107,134 | €186,206 | +€79,072 | +73.8% |
| Trade debts | 44 | €40,345 | €25,410 | -€14,936 | -37.0% |
| Suppliers | 440/4 | €40,345 | €25,410 | -€14,936 | -37.0% |
| Taxes, remuneration and social security | 45 | €66,788 | €160,796 | +€94,007 | +141% |
| Taxes | 450/3 | €20,700 | €95,061 | +€74,361 | +359% |
| Remuneration and social security | 454/9 | €46,089 | €65,735 | +€19,646 | +42.6% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Operating income | 70/76A | €698,546 | €746,852 | +€48,305 | +6.9% |
| Turnover | 70 | €691,449 | €739,697 | +€48,248 | +7.0% |
| Other operating income | 74 | €7,097 | €7,154 | +€57 | +0.8% |
| Operating charges | 60/66A | €670,019 | €712,884 | +€42,865 | +6.4% |
| Services and other goods | 61 | €244,702 | €248,705 | +€4,003 | +1.6% |
| Remuneration, social security and pensions | 62 | €422,040 | €460,199 | +€38,159 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,550 | €2,162 | +€613 | +39.5% |
| Other operating charges | 640/8 | €1,728 | €1,818 | +€89 | +5.2% |
| Operating profit (loss) | 9901 | €28,527 | €33,968 | +€5,441 | +19.1% |
| Financial income | 75/76B | €76,561 | €77,320 | +€759 | +1.0% |
| Recurring financial income | 75 | €76,561 | €77,320 | +€759 | +1.0% |
| Income from financial fixed assets | 750 | €75,749 | €76,432 | +€684 | +0.9% |
| Other financial income | 752/9 | €812 | €888 | +€76 | +9.3% |
| Financial charges | 65/66B | €10,086 | €10,004 | -€82 | -0.8% |
| Recurring financial charges | 65 | €10,086 | €10,004 | -€82 | -0.8% |
| Debt charges | 650 | €3 | €1 | -€2 | -55.7% |
| Other financial charges | 652/9 | €10,083 | €10,003 | -€81 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €95,002 | €101,284 | +€6,282 | +6.6% |
| Income taxes | 67/77 | €728 | €710 | -€17 | -2.3% |
| Taxes | 670/3 | €728 | €710 | -€17 | -2.3% |
| Profit (loss) for the period | 9904 | €94,274 | €100,574 | +€6,299 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €94,274 | €100,574 | +€6,299 | +6.7% |
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 29 October 2026 via checked.be.