Outdoor Talks: 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.
Outdoor Talks
Largest movements
- Financial fixed assets +€250,000
up €250,000 (+100.0%), from €250,000 to €500,000
- Tangible fixed assets +€53,506
up €53,506 (+173.8%), from €30,784 to €84,290
of which Furniture and vehicles: +€80,449
- Cash +€11,477
up €11,477 (+196.5%), from €5,840 to €17,317
mainly Debts after one year (+€191,694) and Net result for the year (+€74,513)
- Debts after one year +€191,694
up €191,694 (+126.0%), from €152,128 to €343,822
- Reserves +€73,680
up €73,680 (+123.8%), from €59,538 to €133,218
- Current portion of long-term debt +€32,479
up €32,479 (+72.4%), from €44,885 to €77,363
- Tax, wage and social debts +€28,324
up €28,324 (+170.8%), from €16,587 to €44,911
- Other debts -€7,814
down €7,814 (-92.0%), from €8,497 to €683
- Gross operating margin +€59,493
up €59,493 (+90.9%), from €65,418 to €124,911
- Taxes +€11,154
up €11,154 (+110.4%), from €10,102 to €21,256
- Depreciation -€3,300
down €3,300 (-31.2%), from €10,575 to €7,275
- Financial charges +€3,017
up €3,017 (+45.5%), from €6,628 to €9,645
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 | €287,167 | €605,789 | +€318,622 | +111.0% |
| Fixed assets | 21/28 | €280,784 | €584,290 | +€303,506 | +108.1% |
| Tangible fixed assets | 22/27 | €30,784 | €84,290 | +€53,506 | +173.8% |
| Furniture and vehicles | 24 | €1,357 | €81,806 | +€80,449 | +5926.6% |
| Leasing and similar rights | 25 | €25,843 | - | -€25,843 | |
| Other tangible fixed assets | 26 | €3,583 | €2,483 | -€1,100 | -30.7% |
| Financial fixed assets | 28 | €250,000 | €500,000 | +€250,000 | +100.0% |
| Current assets | 29/58 | €6,383 | €21,499 | +€15,116 | +236.8% |
| Amounts receivable within one year | 40/41 | - | €4,182 | +€4,182 | |
| Other amounts receivable | 41 | - | €4,182 | +€4,182 | |
| Cash at bank and in hand | 54/58 | €5,840 | €17,317 | +€11,477 | +196.5% |
| Deferred charges and accrued income | 490/1 | €543 | - | -€543 | |
| Total equity and liabilities | 10/49 | €287,167 | €605,789 | +€318,622 | +111.0% |
| Equity | 10/15 | €62,038 | €135,718 | +€73,680 | +118.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €59,538 | €133,218 | +€73,680 | +123.8% |
| Distributable reserves | 133 | €59,538 | €133,218 | +€73,680 | +123.8% |
| Amounts payable | 17/49 | €225,129 | €470,071 | +€244,942 | +108.8% |
| Amounts payable after more than one year | 17 | €152,128 | €343,822 | +€191,694 | +126.0% |
| Financial debts | 170/4 | €152,128 | €343,822 | +€191,694 | +126.0% |
| Amounts payable within one year | 42/48 | €73,001 | €126,249 | +€53,248 | +72.9% |
| Current portion of amounts payable after more than one year | 42 | €44,885 | €77,363 | +€32,479 | +72.4% |
| Trade debts | 44 | €3,033 | €3,292 | +€259 | +8.5% |
| Suppliers | 440/4 | €3,033 | €3,292 | +€259 | +8.5% |
| Taxes, remuneration and social security | 45 | €16,587 | €44,911 | +€28,324 | +170.8% |
| Taxes | 450/3 | €16,587 | €44,911 | +€28,324 | +170.8% |
| Other amounts payable | 47/48 | €8,497 | €683 | -€7,814 | -92.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,575 | €7,275 | -€3,300 | -31.2% |
| Other operating charges | 640/8 | €2,308 | €2,613 | +€304 | +13.2% |
| Non-recurring operating charges | 66A | €684 | €9,610 | +€8,926 | +1305.3% |
| Gross operating margin | 9900 | €65,418 | €124,911 | +€59,493 | +90.9% |
| Operating profit (loss) | 9901 | €51,851 | €105,414 | +€53,563 | +103.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €6,628 | €9,645 | +€3,017 | +45.5% |
| Recurring financial charges | 65 | €6,628 | €9,645 | +€3,017 | +45.5% |
| Profit (loss) for the period before taxes | 9903 | €45,224 | €95,769 | +€50,545 | +111.8% |
| Income taxes | 67/77 | €10,102 | €21,256 | +€11,154 | +110.4% |
| Profit (loss) for the period | 9904 | €35,121 | €74,513 | +€39,391 | +112.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,121 | €74,513 | +€39,391 | +112.2% |
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 12 October 2026 via checked.be.