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OUTLANDER: what changed

Two fiscal 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

OUTLANDER

BE 0742.660.803
NACE 82.100, Office administrative and support services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9,133
2024 · -€1,402+€10,535
Equity
-€3,211
2024 · -€12,344+€9,133
Cash
€5,240
2024 · €2,014+€3,226
Balance sheet total
€48,228
2024 · €8,583+€39,645

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€34,543

    up €34,543 (+772.5%), from €4,472 to €39,015

    of which Furniture and vehicles: +€29,843

  • Cash +€3,226

    up €3,226 (+160.2%), from €2,014 to €5,240

    mainly Debts after one year (+€21,555) and Net result for the year (+€9,133)

  • Receivables within one year +€1,119

    up €1,119 (+1381.5%), from €81 to €1,200

    of which Trade receivables: +€1,119

  • Deferred charges and accrued income +€756

    up €756 (+37.5%), from €2,017 to €2,773

Equity and liabilities
  • Debts after one year +€21,555

    new in 2025: €21,555

  • Profit (loss) carried forward +€9,133

    up €9,133 (+68.4%), from -€13,344 to -€4,211

  • Current portion of long-term debt +€5,320

    new in 2025: €5,320

  • Tax, wage and social debts +€4,779

    up €4,779 (+96.7%), from €4,940 to €9,719

  • Other debts -€2,071

    down €2,071 (-13.1%), from €15,783 to €13,712

Income statement
  • Gross operating margin +€19,118

    up €19,118 (+788.2%), from €2,425 to €21,544

  • Taxes +€6,429

    up €6,429, from -€294 to €6,136

  • Depreciation +€2,082

    up €2,082 (+152.7%), from €1,363 to €3,445

From the 2024 result to the 2025 result

effect on the 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 -€1,402
Gross operating margin +€19,118
Depreciation -€2,082
Other operating charges -€77
Financial income +€1
Financial charges +€4
Taxes -€6,429
Result 2025 €9,133

Cash bridge derived

cash 2024 to 2025

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 +€14,354
Investment -€37,988
Financing +€26,861
Cash 2024 €2,014
Net result for the year +€9,133
Depreciation +€3,445
Receivables within one year -€1,119
Deferred charges and accrued income -€756
Trade debts +€943
Tax, wage and social debts +€4,779
Other debts -€2,071
Investment in fixed assets (net) -€37,988
Debts after one year +€21,555
Current portion of long-term debt +€5,320
Short-term financial debts -€14
Cash 2025 €5,240
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €8,583 €48,228 +€39,645 +461.9%
Formation expenses 20 €0 €0 =
Fixed assets 21/28 €4,472 €39,015 +€34,543 +772.5%
Tangible fixed assets 22/27 €4,472 €39,015 +€34,543 +772.5%
Plant, machinery and equipment 23 €3,283 €7,983 +€4,700 +143.2%
Furniture and vehicles 24 €1,189 €31,032 +€29,843 +2510.7%
Current assets 29/58 €4,112 €9,213 +€5,101 +124.1%
Amounts receivable within one year 40/41 €81 €1,200 +€1,119 +1381.5%
Trade receivables 40 - €1,119 +€1,119
Other amounts receivable 41 €81 €81 = 0.0%
Cash at bank and in hand 54/58 €2,014 €5,240 +€3,226 +160.2%
Deferred charges and accrued income 490/1 €2,017 €2,773 +€756 +37.5%
Total equity and liabilities 10/49 €8,583 €48,228 +€39,645 +461.9%
Equity 10/15 -€12,344 -€3,211 +€9,133 +74.0%
Contributions 10/11 €1,000 €1,000 = 0.0%
Profit (loss) carried forward 14 -€13,344 -€4,211 +€9,133 +68.4%
Amounts payable 17/49 €20,928 €51,439 +€30,512 +145.8%
Amounts payable after more than one year 17 - €21,555 +€21,555
Financial debts 170/4 - €21,555 +€21,555
Amounts payable within one year 42/48 €20,928 €29,884 +€8,957 +42.8%
Current portion of amounts payable after more than one year 42 - €5,320 +€5,320
Financial debts 43 €14 - -€14
Credit institutions 430/8 €14 - -€14
Trade debts 44 €191 €1,134 +€943 +493.3%
Suppliers 440/4 €191 €1,134 +€943 +493.3%
Taxes, remuneration and social security 45 €4,940 €9,719 +€4,779 +96.7%
Taxes 450/3 €4,940 €9,719 +€4,779 +96.7%
Other amounts payable 47/48 €15,783 €13,712 -€2,071 -13.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,363 €3,445 +€2,082 +152.7%
Other operating charges 640/8 €1,060 €1,137 +€77 +7.3%
Gross operating margin 9900 €2,425 €21,544 +€19,118 +788.2%
Operating profit (loss) 9901 €2 €16,961 +€16,959 +883306.3%
Financial income 75/76B €0 €1 +€1 +3250.0%
Recurring financial income 75 €0 €1 +€1 +3250.0%
Financial charges 65/66B €1,698 €1,693 -€4 -0.3%
Recurring financial charges 65 €1,698 €1,693 -€4 -0.3%
Profit (loss) for the period before taxes 9903 -€1,696 €15,269 +€16,965
Income taxes 67/77 -€294 €6,136 +€6,429
Profit (loss) for the period 9904 -€1,402 €9,133 +€10,535
Profit (loss) for the period to be appropriated 9905 -€1,402 €9,133 +€10,535

Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.