P.DRawing: 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.
P.DRawing
Largest movements
- Receivables within one year -€9,292
down €9,292 (-10.3%), from €89,794 to €80,503
of which Other amounts receivable: -€9,464
- Cash -€8,779
down €8,779 (-51.1%), from €17,196 to €8,417
mainly Contributions, distributions and other (-€18,000) and Trade debts (-€7,812)
- Deferred charges and accrued income +€3,563
up €3,563 (+210.1%), from €1,696 to €5,259
- Trade debts -€7,812
down €7,812 (-48.6%), from €16,063 to €8,252
- Reserves -€5,492
down €5,492 (-7.3%), from €74,814 to €69,322
- Debts after one year -€5,421
down €5,421 (-48.8%), from €11,118 to €5,697
- Accrued charges and deferred income +€1,545
up €1,545 (+998.9%), from €155 to €1,700
- Tax, wage and social debts +€1,396
up €1,396 (+11.2%), from €12,454 to €13,850
of which Remuneration and social security: +€4,819
- Gross operating margin +€26,366
up €26,366 (+155.9%), from €16,909 to €43,276
- Staff costs +€15,471
new in 2025: €15,471
- Financial income -€6,846
down €6,846 (-94.5%), from €7,244 to €398
of which Non-recurring financial income: -€6,539
- Depreciation +€957
up €957 (+16.3%), from €5,866 to €6,823
- Taxes +€770
up €770 (+16.1%), from €4,786 to €5,556
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 | €126,809 | €112,124 | -€14,686 | -11.6% |
| Fixed assets | 21/28 | €18,123 | €17,944 | -€179 | -1.0% |
| Tangible fixed assets | 22/27 | €18,123 | €17,944 | -€179 | -1.0% |
| Land and buildings | 22 | €17,109 | €11,780 | -€5,330 | -31.2% |
| Plant, machinery and equipment | 23 | - | €348 | +€348 | |
| Furniture and vehicles | 24 | €1,013 | €5,816 | +€4,803 | +473.9% |
| Current assets | 29/58 | €108,687 | €94,179 | -€14,507 | -13.3% |
| Amounts receivable within one year | 40/41 | €89,794 | €80,503 | -€9,292 | -10.3% |
| Trade receivables | 40 | €77,092 | €77,264 | +€173 | +0.2% |
| Other amounts receivable | 41 | €12,703 | €3,238 | -€9,464 | -74.5% |
| Cash at bank and in hand | 54/58 | €17,196 | €8,417 | -€8,779 | -51.1% |
| Deferred charges and accrued income | 490/1 | €1,696 | €5,259 | +€3,563 | +210.1% |
| Total equity and liabilities | 10/49 | €126,809 | €112,124 | -€14,686 | -11.6% |
| Equity | 10/15 | €81,014 | €75,522 | -€5,492 | -6.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €74,814 | €69,322 | -€5,492 | -7.3% |
| Distributable reserves | 133 | €74,814 | €69,322 | -€5,492 | -7.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €45,796 | €36,602 | -€9,194 | -20.1% |
| Amounts payable after more than one year | 17 | €11,118 | €5,697 | -€5,421 | -48.8% |
| Financial debts | 170/4 | €11,118 | €5,697 | -€5,421 | -48.8% |
| Amounts payable within one year | 42/48 | €34,523 | €29,205 | -€5,318 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €5,158 | €5,421 | +€263 | +5.1% |
| Financial debts | 43 | €848 | €1,682 | +€834 | +98.4% |
| Credit institutions | 430/8 | €848 | €1,682 | +€834 | +98.4% |
| Trade debts | 44 | €16,063 | €8,252 | -€7,812 | -48.6% |
| Suppliers | 440/4 | €16,063 | €8,252 | -€7,812 | -48.6% |
| Taxes, remuneration and social security | 45 | €12,454 | €13,850 | +€1,396 | +11.2% |
| Taxes | 450/3 | €12,454 | €9,031 | -€3,423 | -27.5% |
| Remuneration and social security | 454/9 | - | €4,819 | +€4,819 | |
| Other amounts payable | 47/48 | - | €0 | +€0 | |
| Accrued charges and deferred income | 492/3 | €155 | €1,700 | +€1,545 | +998.9% |
| Remuneration, social security and pensions | 62 | - | €15,471 | +€15,471 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,866 | €6,823 | +€957 | +16.3% |
| Other operating charges | 640/8 | €2,329 | €2,176 | -€153 | -6.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €16,909 | €43,276 | +€26,366 | +155.9% |
| Operating profit (loss) | 9901 | €8,714 | €18,805 | +€10,092 | +115.8% |
| Financial income | 75/76B | €7,244 | €398 | -€6,846 | -94.5% |
| Recurring financial income | 75 | €705 | €398 | -€307 | -43.5% |
| Non-recurring financial income | 76B | €6,539 | €0 | -€6,539 | -100.0% |
| Financial charges | 65/66B | €1,429 | €1,140 | -€290 | -20.3% |
| Recurring financial charges | 65 | €1,429 | €1,140 | -€290 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €14,529 | €18,064 | +€3,535 | +24.3% |
| Income taxes | 67/77 | €4,786 | €5,556 | +€770 | +16.1% |
| Profit (loss) for the period | 9904 | €9,743 | €12,508 | +€2,765 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,743 | €12,508 | +€2,765 | +28.4% |
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 8 October 2026 via checked.be.