PARENT ASSURANCES: 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.
PARENT ASSURANCES
Largest movements
- Deferred charges and accrued income +€59,184
up €59,184 (+233.5%), from €25,347 to €84,531
- Tangible fixed assets +€55,202
up €55,202 (+20.0%), from €275,505 to €330,707
of which Furniture and vehicles: +€71,880
- Financial fixed assets -€48,571
down €48,571 (-100.0%), from €48,571 to €0
- Current investments +€48,571
up €48,571 (+5715.7%), from €850 to €49,421
- Cash -€35,030
down €35,030 (-13.3%), from €264,156 to €229,126
mainly Deferred charges and accrued income (-€59,184) and Investment in fixed assets (net) (-€51,349)
- Tax, wage and social debts +€39,219
up €39,219 (+866.2%), from €4,528 to €43,747
of which Remuneration and social security: +€25,100
- Trade debts +€19,634
up €19,634 (+16.9%), from €115,875 to €135,509
- Other debts +€15,000
new in 2025: €15,000
- Turnover +€19,687
up €19,687 (+5.9%), from €333,985 to €353,673
- Purchases and services +€18,900
up €18,900 (+9.4%), from €200,106 to €219,006
- Taxes -€11,723
no longer reported in 2025 (was €11,723)
- Financial charges -€10,640
down €10,640 (-98.8%), from €10,770 to €130
- Other operating charges -€6,904
down €6,904 (-64.6%), from €10,681 to €3,777
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 | €869,262 | €953,533 | +€84,270 | +9.7% |
| Fixed assets | 21/28 | €324,076 | €330,707 | +€6,631 | +2.0% |
| Tangible fixed assets | 22/27 | €275,505 | €330,707 | +€55,202 | +20.0% |
| Land and buildings | 22 | €190,869 | €175,837 | -€15,032 | -7.9% |
| Plant, machinery and equipment | 23 | €7,970 | €6,325 | -€1,646 | -20.6% |
| Furniture and vehicles | 24 | €76,666 | €148,546 | +€71,880 | +93.8% |
| Financial fixed assets | 28 | €48,571 | €0 | -€48,571 | -100.0% |
| Current assets | 29/58 | €545,186 | €622,825 | +€77,639 | +14.2% |
| Amounts receivable within one year | 40/41 | €254,833 | €259,747 | +€4,914 | +1.9% |
| Trade receivables | 40 | €155,264 | €159,201 | +€3,937 | +2.5% |
| Other amounts receivable | 41 | €99,569 | €100,546 | +€977 | +1.0% |
| Current investments | 50/53 | €850 | €49,421 | +€48,571 | +5715.7% |
| Cash at bank and in hand | 54/58 | €264,156 | €229,126 | -€35,030 | -13.3% |
| Deferred charges and accrued income | 490/1 | €25,347 | €84,531 | +€59,184 | +233.5% |
| Total equity and liabilities | 10/49 | €869,262 | €953,533 | +€84,270 | +9.7% |
| Equity | 10/15 | €649,118 | €653,862 | +€4,744 | +0.7% |
| Contributions | 10/11 | €108,592 | €108,592 | = | 0.0% |
| Capital | 10 | €108,592 | €108,592 | = | 0.0% |
| Issued capital | 100 | €108,592 | €108,592 | = | 0.0% |
| Reserves | 13 | €122,183 | €121,568 | -€615 | -0.5% |
| Non-distributable reserves | 130/1 | €7,161 | €7,161 | = | 0.0% |
| Legal reserve | 130 | €7,161 | €7,161 | = | 0.0% |
| Tax-exempt reserves | 132 | €67,383 | €67,383 | = | 0.0% |
| Distributable reserves | 133 | €47,640 | €47,024 | -€615 | -1.3% |
| Profit (loss) carried forward | 14 | €418,343 | €423,702 | +€5,359 | +1.3% |
| Amounts payable | 17/49 | €220,144 | €299,671 | +€79,527 | +36.1% |
| Amounts payable after more than one year | 17 | €81,232 | €89,314 | +€8,082 | +9.9% |
| Financial debts | 170/4 | €81,232 | €89,314 | +€8,082 | +9.9% |
| Amounts payable within one year | 42/48 | €138,913 | €210,357 | +€71,445 | +51.4% |
| Current portion of amounts payable after more than one year | 42 | €18,510 | €16,101 | -€2,408 | -13.0% |
| Trade debts | 44 | €115,875 | €135,509 | +€19,634 | +16.9% |
| Suppliers | 440/4 | €115,875 | €135,509 | +€19,634 | +16.9% |
| Taxes, remuneration and social security | 45 | €4,528 | €43,747 | +€39,219 | +866.2% |
| Taxes | 450/3 | €4,528 | €18,647 | +€14,119 | +311.8% |
| Remuneration and social security | 454/9 | - | €25,100 | +€25,100 | |
| Other amounts payable | 47/48 | - | €15,000 | +€15,000 | |
| Turnover | 70 | €333,985 | €353,673 | +€19,687 | +5.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €200,106 | €219,006 | +€18,900 | +9.4% |
| Remuneration, social security and pensions | 62 | €60,675 | €56,081 | -€4,593 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,226 | €44,718 | -€508 | -1.1% |
| Other operating charges | 640/8 | €10,681 | €3,777 | -€6,904 | -64.6% |
| Gross operating margin | 9900 | €133,879 | €134,666 | +€787 | +0.6% |
| Operating profit (loss) | 9901 | €17,297 | €30,090 | +€12,793 | +74.0% |
| Financial income | 75/76B | €908 | €5,399 | +€4,491 | +494.6% |
| Recurring financial income | 75 | €908 | €5,399 | +€4,491 | +494.6% |
| Financial charges | 65/66B | €10,770 | €130 | -€10,640 | -98.8% |
| Recurring financial charges | 65 | €10,770 | €130 | -€10,640 | -98.8% |
| Profit (loss) for the period before taxes | 9903 | €7,435 | €35,359 | +€27,924 | +375.6% |
| Income taxes | 67/77 | €11,723 | - | -€11,723 | |
| Profit (loss) for the period | 9904 | -€4,288 | €35,359 | +€39,647 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,288 | €35,359 | +€39,647 |
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 1 October 2026 via checked.be.