OUTSIDE ADVENTURE: 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.
OUTSIDE ADVENTURE
Largest movements
- Receivables after one year +€507,917
new in 2025: €507,917
- Receivables within one year -€495,323
down €495,323 (-63.6%), from €778,433 to €283,110
of which Other amounts receivable: -€512,378
- Tangible fixed assets +€109,942
up €109,942 (+42.2%), from €260,222 to €370,163
of which Other tangible fixed assets: +€90,617
- Debts after one year -€86,759
down €86,759 (-49.2%), from €176,285 to €89,526
- Other debts +€77,042
up €77,042 (+63.4%), from €121,454 to €198,496
- Tax, wage and social debts +€71,665
up €71,665 (+396%), from €18,082 to €89,747
of which Taxes: +€71,540
- Trade debts +€55,180
up €55,180 (+28.1%), from €196,124 to €251,303
- Reserves +€49,037
up €49,037 (+25.7%), from €190,935 to €239,973
- Other operating charges -€26,893
down €26,893 (-73.4%), from €36,635 to €9,741
- Gross operating margin -€14,157
down €14,157 (-2.9%), from €481,704 to €467,547
- Taxes -€8,142
down €8,142 (-30.7%), from €26,513 to €18,371
- Staff costs -€7,700
down €7,700 (-4.1%), from €186,719 to €179,018
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 | €1,096,987 | €1,230,283 | +€133,296 | +12.2% |
| Fixed assets | 21/28 | €260,222 | €370,163 | +€109,942 | +42.2% |
| Tangible fixed assets | 22/27 | €260,222 | €370,163 | +€109,942 | +42.2% |
| Land and buildings | 22 | €106,054 | €79,676 | -€26,378 | -24.9% |
| Plant, machinery and equipment | 23 | €25,181 | €108,076 | +€82,895 | +329% |
| Furniture and vehicles | 24 | €91,309 | €54,117 | -€37,192 | -40.7% |
| Other tangible fixed assets | 26 | €37,677 | €128,294 | +€90,617 | +241% |
| Current assets | 29/58 | €836,765 | €860,120 | +€23,355 | +2.8% |
| Amounts receivable after more than one year | 29 | - | €507,917 | +€507,917 | |
| Trade receivables | 290 | - | €507,917 | +€507,917 | |
| Amounts receivable within one year | 40/41 | €778,433 | €283,110 | -€495,323 | -63.6% |
| Trade receivables | 40 | €214,669 | €231,725 | +€17,055 | +7.9% |
| Other amounts receivable | 41 | €563,763 | €51,385 | -€512,378 | -90.9% |
| Cash at bank and in hand | 54/58 | €56,215 | €63,241 | +€7,026 | +12.5% |
| Deferred charges and accrued income | 490/1 | €2,118 | €5,853 | +€3,735 | +176% |
| Total equity and liabilities | 10/49 | €1,096,987 | €1,230,283 | +€133,296 | +12.2% |
| Equity | 10/15 | €464,025 | €513,062 | +€49,037 | +10.6% |
| Contributions | 10/11 | €113,424 | €113,424 | = | 0.0% |
| Reserves | 13 | €190,935 | €239,973 | +€49,037 | +25.7% |
| Distributable reserves | 133 | €190,935 | €239,973 | +€49,037 | +25.7% |
| Profit (loss) carried forward | 14 | €159,666 | €159,666 | = | 0.0% |
| Amounts payable | 17/49 | €632,962 | €717,221 | +€84,259 | +13.3% |
| Amounts payable after more than one year | 17 | €176,285 | €89,526 | -€86,759 | -49.2% |
| Financial debts | 170/4 | €176,285 | €89,526 | -€86,759 | -49.2% |
| Amounts payable within one year | 42/48 | €456,677 | €626,821 | +€170,144 | +37.3% |
| Current portion of amounts payable after more than one year | 42 | €120,802 | €86,759 | -€34,043 | -28.2% |
| Financial debts | 43 | €215 | €516 | +€301 | +140% |
| Credit institutions | 430/8 | €215 | €516 | +€301 | +140% |
| Trade debts | 44 | €196,124 | €251,303 | +€55,180 | +28.1% |
| Suppliers | 440/4 | €196,124 | €251,303 | +€55,180 | +28.1% |
| Taxes, remuneration and social security | 45 | €18,082 | €89,747 | +€71,665 | +396% |
| Taxes | 450/3 | €749 | €72,288 | +€71,540 | +9,557% |
| Remuneration and social security | 454/9 | €17,333 | €17,458 | +€125 | +0.7% |
| Other amounts payable | 47/48 | €121,454 | €198,496 | +€77,042 | +63.4% |
| Accrued charges and deferred income | 492/3 | - | €874 | +€874 | |
| Non-recurring operating income | 76A | - | €2,471 | +€2,471 | |
| Remuneration, social security and pensions | 62 | €186,719 | €179,018 | -€7,700 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,154 | €138,371 | -€4,783 | -3.3% |
| Other operating charges | 640/8 | €36,635 | €9,741 | -€26,893 | -73.4% |
| Gross operating margin | 9900 | €481,704 | €467,547 | -€14,157 | -2.9% |
| Operating profit (loss) | 9901 | €115,197 | €140,417 | +€25,220 | +21.9% |
| Financial income | 75/76B | €8,438 | €13,223 | +€4,785 | +56.7% |
| Recurring financial income | 75 | €8,438 | €13,223 | +€4,785 | +56.7% |
| Financial charges | 65/66B | €19,083 | €16,232 | -€2,851 | -14.9% |
| Recurring financial charges | 65 | €19,083 | €16,232 | -€2,851 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €104,552 | €137,408 | +€32,856 | +31.4% |
| Income taxes | 67/77 | €26,513 | €18,371 | -€8,142 | -30.7% |
| Profit (loss) for the period | 9904 | €78,039 | €119,037 | +€40,998 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €78,039 | €119,037 | +€40,998 | +52.5% |
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 26 October 2026 via checked.be.