PAGE: 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.
What changed
PAGE
NACE 73.200, Market research and public opinion polling
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€299,091
2024 · €191,399+€107,692
Equity
€1.3m
2024 · €1.1m+€220,200
Cash
€113,527
2024 · €293,757-€180,230
Balance sheet total
€2.3m
2024 · €2.8m-€445,414
Largest movements
Assets
- Current investments -€250,000
down €250,000 (-50.0%), from €500,000 to €250,000
- Cash -€180,230
down €180,230 (-61.4%), from €293,757 to €113,527
mainly Current portion of long-term debt (-€500,160) and Debts after one year (-€199,920)
Equity and liabilities
- Current portion of long-term debt -€500,160
down €500,160 (-71.4%), from €700,080 to €199,920
- Reserves +€220,200
up €220,200 (+47.7%), from €461,947 to €682,147
- Debts after one year -€199,920
down €199,920 (-25.0%), from €799,920 to €600,000
- Tax, wage and social debts +€29,476
up €29,476 (+31.3%), from €94,086 to €123,561
of which Taxes: +€28,101
Income statement
- Turnover +€131,602
up €131,602 (+8.4%), from €1.6m to €1.7m
- Services and other goods -€37,655
down €37,655 (-36.9%), from €102,101 to €64,446
- Taxes +€36,856
up €36,856 (+56.1%), from €65,713 to €102,569
- Goods and materials +€22,938
up €22,938 (+2.4%), from €957,063 to €980,001
of which Purchases: +€52,019
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.
Result 2024
€191,399
Turnover
+€131,602
Other operating income
+€1,733
Goods and materials
-€22,938
Services and other goods
+€37,655
Staff costs
-€3,843
Depreciation
-€1,628
Other operating charges
+€7,572
Financial income
-€5,334
Financial charges
-€271
Taxes
-€36,856
Result 2025
€299,091
raises the resultlowers the result
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.
From operations
+€348,742
Investment
+€250,000
Financing
-€778,972
Cash 2024
€293,757
From operations (derived)
+€348,742
Net result for the year
+€299,091
Depreciation
+€13,010
Stocks and contracts
-€4,312
Receivables within one year
+€5,022
Deferred charges and accrued income
+€1,465
Trade debts
-€4,050
Tax, wage and social debts
+€29,476
Other debts
+€9,040
Investment (derived)
+€250,000
Current investments
+€250,000
Financing
-€778,972
Debts after one year
-€199,920
Current portion of long-term debt
-€500,160
Contributions, distributions and other
-€78,892
Cash 2025
€113,527
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,758,103 | €2,312,689 | -€445,414 | -16.1% |
| Fixed assets | 21/28 | €1,541,898 | €1,528,888 | -€13,010 | -0.8% |
| Intangible fixed assets | 21 | €10,809 | €8,325 | -€2,483 | -23.0% |
| Tangible fixed assets | 22/27 | €31,089 | €20,563 | -€10,527 | -33.9% |
| Furniture and vehicles | 24 | €31,089 | €20,563 | -€10,527 | -33.9% |
| Financial fixed assets | 28 | €1,500,000 | €1,500,000 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €1,500,000 | €1,500,000 | = | 0.0% |
| Participating interests | 282 | €1,500,000 | €1,500,000 | = | 0.0% |
| Current assets | 29/58 | €1,216,205 | €783,801 | -€432,404 | -35.6% |
| Stocks and contracts in progress | 3 | €102,757 | €107,069 | +€4,312 | +4.2% |
| Stocks | 30/36 | €102,757 | €107,069 | +€4,312 | +4.2% |
| Goods purchased for resale | 34 | €102,757 | €107,069 | +€4,312 | +4.2% |
| Amounts receivable within one year | 40/41 | €317,869 | €312,847 | -€5,022 | -1.6% |
| Trade receivables | 40 | €300,284 | €312,847 | +€12,564 | +4.2% |
| Other amounts receivable | 41 | €17,585 | - | -€17,585 | |
| Current investments | 50/53 | €500,000 | €250,000 | -€250,000 | -50.0% |
| Other investments | 51/53 | €500,000 | €250,000 | -€250,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €293,757 | €113,527 | -€180,230 | -61.4% |
| Deferred charges and accrued income | 490/1 | €1,822 | €357 | -€1,465 | -80.4% |
| Total equity and liabilities | 10/49 | €2,758,103 | €2,312,689 | -€445,414 | -16.1% |
| Equity | 10/15 | €1,050,812 | €1,271,012 | +€220,200 | +21.0% |
| Contributions | 10/11 | €588,865 | €588,865 | = | 0.0% |
| Reserves | 13 | €461,947 | €682,147 | +€220,200 | +47.7% |
| Distributable reserves | 133 | €461,947 | €682,147 | +€220,200 | +47.7% |
| Amounts payable | 17/49 | €1,707,291 | €1,041,677 | -€665,614 | -39.0% |
| Amounts payable after more than one year | 17 | €799,920 | €600,000 | -€199,920 | -25.0% |
| Financial debts | 170/4 | €799,920 | €600,000 | -€199,920 | -25.0% |
| Other loans | 174 | €799,920 | €600,000 | -€199,920 | -25.0% |
| Amounts payable within one year | 42/48 | €907,371 | €441,677 | -€465,694 | -51.3% |
| Current portion of amounts payable after more than one year | 42 | €700,080 | €199,920 | -€500,160 | -71.4% |
| Trade debts | 44 | €43,353 | €39,304 | -€4,050 | -9.3% |
| Suppliers | 440/4 | €43,353 | €39,304 | -€4,050 | -9.3% |
| Taxes, remuneration and social security | 45 | €94,086 | €123,561 | +€29,476 | +31.3% |
| Taxes | 450/3 | €44,948 | €73,049 | +€28,101 | +62.5% |
| Remuneration and social security | 454/9 | €49,138 | €50,512 | +€1,374 | +2.8% |
| Other amounts payable | 47/48 | €69,852 | €78,892 | +€9,040 | +12.9% |
| Operating income | 70/76A | €1,567,652 | €1,700,987 | +€133,335 | +8.5% |
| Turnover | 70 | €1,564,149 | €1,695,751 | +€131,602 | +8.4% |
| Other operating income | 74 | €3,504 | €5,237 | +€1,733 | +49.5% |
| Operating charges | 60/66A | €1,320,435 | €1,303,616 | -€16,819 | -1.3% |
| Goods for resale, raw materials and consumables | 60 | €957,063 | €980,001 | +€22,938 | +2.4% |
| Purchases | 600/8 | €932,294 | €984,313 | +€52,019 | +5.6% |
| Change in stocks: decrease (increase) | 609 | €24,769 | -€4,312 | -€29,082 | |
| Services and other goods | 61 | €102,101 | €64,446 | -€37,655 | -36.9% |
| Remuneration, social security and pensions | 62 | €239,349 | €243,192 | +€3,843 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,382 | €13,010 | +€1,628 | +14.3% |
| Other operating charges | 640/8 | €10,539 | €2,967 | -€7,572 | -71.8% |
| Operating profit (loss) | 9901 | €247,218 | €397,371 | +€150,154 | +60.7% |
| Financial income | 75/76B | €11,816 | €6,482 | -€5,334 | -45.1% |
| Recurring financial income | 75 | €11,816 | €6,482 | -€5,334 | -45.1% |
| Income from current assets | 751 | €10,996 | €5,634 | -€5,362 | -48.8% |
| Other financial income | 752/9 | €820 | €848 | +€28 | +3.4% |
| Financial charges | 65/66B | €1,921 | €2,192 | +€271 | +14.1% |
| Recurring financial charges | 65 | €1,921 | €2,192 | +€271 | +14.1% |
| Other financial charges | 652/9 | €1,921 | €2,192 | +€271 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | €257,113 | €401,661 | +€144,548 | +56.2% |
| Income taxes | 67/77 | €65,713 | €102,569 | +€36,856 | +56.1% |
| Taxes | 670/3 | €65,713 | €102,569 | +€36,856 | +56.1% |
| Profit (loss) for the period | 9904 | €191,399 | €299,091 | +€107,692 | +56.3% |
| Profit (loss) for the period to be appropriated | 9905 | €191,399 | €299,091 | +€107,692 | +56.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.