OVERDRUK: 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.
OVERDRUK
Largest movements
- Intangible fixed assets +€63,855
up €63,855 (+116.8%), from €54,675 to €118,531
- Tangible fixed assets -€26,160
down €26,160 (-4.2%), from €623,327 to €597,166
of which Land and buildings: -€17,235
- Receivables within one year +€9,321
up €9,321 (+23.3%), from €39,929 to €49,249
of which Trade receivables: +€8,453
- Reserves +€39,030
up €39,030 (+14.9%), from €262,140 to €301,170
- Other debts +€38,904
up €38,904 (+565.7%), from €6,877 to €45,781
- Debts after one year -€32,634
down €32,634 (-8.1%), from €404,220 to €371,586
of which Financial debts: -€34,589
- Depreciation +€18,829
up €18,829 (+42.2%), from €44,587 to €63,416
- Gross operating margin +€14,788
up €14,788 (+8.8%), from €168,250 to €183,037
- Other operating charges +€4,802
up €4,802 (+201.8%), from €2,380 to €7,182
- Taxes -€4,354
down €4,354 (-18.4%), from €23,626 to €19,272
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 | €798,721 | €846,426 | +€47,705 | +6.0% |
| Fixed assets | 21/28 | €678,002 | €715,697 | +€37,695 | +5.6% |
| Intangible fixed assets | 21 | €54,675 | €118,531 | +€63,855 | +116.8% |
| Tangible fixed assets | 22/27 | €623,327 | €597,166 | -€26,160 | -4.2% |
| Land and buildings | 22 | €591,481 | €574,246 | -€17,235 | -2.9% |
| Plant, machinery and equipment | 23 | €12,244 | €9,940 | -€2,305 | -18.8% |
| Furniture and vehicles | 24 | €19,601 | €12,980 | -€6,621 | -33.8% |
| Current assets | 29/58 | €120,718 | €130,729 | +€10,011 | +8.3% |
| Stocks and contracts in progress | 3 | €2,894 | €0 | -€2,894 | -100.0% |
| Stocks | 30/36 | €2,894 | €0 | -€2,894 | -100.0% |
| Amounts receivable within one year | 40/41 | €39,929 | €49,249 | +€9,321 | +23.3% |
| Trade receivables | 40 | €39,929 | €48,381 | +€8,453 | +21.2% |
| Other amounts receivable | 41 | - | €868 | +€868 | |
| Cash at bank and in hand | 54/58 | €72,561 | €73,372 | +€811 | +1.1% |
| Deferred charges and accrued income | 490/1 | €5,335 | €8,108 | +€2,773 | +52.0% |
| Total equity and liabilities | 10/49 | €798,721 | €846,426 | +€47,705 | +6.0% |
| Equity | 10/15 | €312,140 | €351,170 | +€39,030 | +12.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €262,140 | €301,170 | +€39,030 | +14.9% |
| Distributable reserves | 133 | €262,140 | €301,170 | +€39,030 | +14.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €486,581 | €495,256 | +€8,676 | +1.8% |
| Amounts payable after more than one year | 17 | €404,220 | €371,586 | -€32,634 | -8.1% |
| Financial debts | 170/4 | €281,537 | €246,948 | -€34,589 | -12.3% |
| Other amounts payable | 178/9 | €122,683 | €124,638 | +€1,955 | +1.6% |
| Amounts payable within one year | 42/48 | €71,888 | €114,172 | +€42,284 | +58.8% |
| Current portion of amounts payable after more than one year | 42 | €33,981 | €34,589 | +€608 | +1.8% |
| Trade debts | 44 | €24,861 | €29,123 | +€4,262 | +17.1% |
| Suppliers | 440/4 | €24,861 | €29,123 | +€4,262 | +17.1% |
| Taxes, remuneration and social security | 45 | €6,170 | €4,680 | -€1,490 | -24.2% |
| Taxes | 450/3 | €6,124 | €4,059 | -€2,065 | -33.7% |
| Remuneration and social security | 454/9 | €46 | €621 | +€575 | +1256.3% |
| Other amounts payable | 47/48 | €6,877 | €45,781 | +€38,904 | +565.7% |
| Accrued charges and deferred income | 492/3 | €10,473 | €9,499 | -€975 | -9.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,587 | €63,416 | +€18,829 | +42.2% |
| Other operating charges | 640/8 | €2,380 | €7,182 | +€4,802 | +201.8% |
| Gross operating margin | 9900 | €168,250 | €183,037 | +€14,788 | +8.8% |
| Operating profit (loss) | 9901 | €121,283 | €112,439 | -€8,844 | -7.3% |
| Financial income | 75/76B | €3,189 | €3,362 | +€173 | +5.4% |
| Recurring financial income | 75 | €3,189 | €3,362 | +€173 | +5.4% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €20,032 | €18,596 | -€1,437 | -7.2% |
| Recurring financial charges | 65 | €20,032 | €18,596 | -€1,437 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €104,440 | €97,206 | -€7,234 | -6.9% |
| Income taxes | 67/77 | €23,626 | €19,272 | -€4,354 | -18.4% |
| Profit (loss) for the period | 9904 | €80,814 | €77,934 | -€2,880 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €80,814 | €77,934 | -€2,880 | -3.6% |
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 30 September 2026 via checked.be.