PEOPLE INTENT: 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.
PEOPLE INTENT
Largest movements
- Current investments +€12,068
up €12,068 (+15.0%), from €80,204 to €92,272
- Tangible fixed assets -€7,563
down €7,563 (-12.5%), from €60,520 to €52,957
- Cash +€5,891
up €5,891 (+4.4%), from €134,133 to €140,023
mainly Net result for the year (+€9,836) and Depreciation (+€8,665)
- Receivables within one year -€5,711
down €5,711 (-62.2%), from €9,185 to €3,475
of which Trade receivables: -€6,714
- Reserves +€9,836
up €9,836 (+3.7%), from €263,046 to €272,883
- Tax, wage and social debts -€3,326
down €3,326 (-56.5%), from €5,892 to €2,566
- Gross operating margin -€35,666
down €35,666 (-60.1%), from €59,374 to €23,707
- Taxes -€11,178
down €11,178 (-64.6%), from €17,297 to €6,118
- Financial income +€1,011
up €1,011 (+129.6%), from €780 to €1,791
- Financial charges -€709
down €709 (-83.2%), from €851 to €143
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 | €284,042 | €290,491 | +€6,449 | +2.3% |
| Fixed assets | 21/28 | €60,520 | €52,957 | -€7,563 | -12.5% |
| Tangible fixed assets | 22/27 | €60,520 | €52,957 | -€7,563 | -12.5% |
| Land and buildings | 22 | €40,862 | €37,158 | -€3,704 | -9.1% |
| Plant, machinery and equipment | 23 | €14,148 | €11,541 | -€2,608 | -18.4% |
| Furniture and vehicles | 24 | €5,509 | €4,258 | -€1,251 | -22.7% |
| Current assets | 29/58 | €223,522 | €237,534 | +€14,012 | +6.3% |
| Amounts receivable within one year | 40/41 | €9,185 | €3,475 | -€5,711 | -62.2% |
| Trade receivables | 40 | €9,150 | €2,437 | -€6,714 | -73.4% |
| Other amounts receivable | 41 | €35 | €1,038 | +€1,003 | +2872.1% |
| Current investments | 50/53 | €80,204 | €92,272 | +€12,068 | +15.0% |
| Cash at bank and in hand | 54/58 | €134,133 | €140,023 | +€5,891 | +4.4% |
| Deferred charges and accrued income | 490/1 | - | €1,764 | +€1,764 | |
| Total equity and liabilities | 10/49 | €284,042 | €290,491 | +€6,449 | +2.3% |
| Equity | 10/15 | €275,446 | €285,283 | +€9,836 | +3.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €263,046 | €272,883 | +€9,836 | +3.7% |
| Distributable reserves | 133 | €263,046 | €272,883 | +€9,836 | +3.7% |
| Amounts payable | 17/49 | €8,595 | €5,208 | -€3,387 | -39.4% |
| Amounts payable within one year | 42/48 | €8,595 | €4,908 | -€3,687 | -42.9% |
| Financial debts | 43 | €1,678 | €33 | -€1,646 | -98.1% |
| Other loans | 439 | €1,678 | €33 | -€1,646 | -98.1% |
| Trade debts | 44 | €602 | €897 | +€295 | +48.9% |
| Suppliers | 440/4 | €602 | €897 | +€295 | +48.9% |
| Taxes, remuneration and social security | 45 | €5,892 | €2,566 | -€3,326 | -56.5% |
| Taxes | 450/3 | €5,892 | €2,566 | -€3,326 | -56.5% |
| Other amounts payable | 47/48 | €423 | €1,413 | +€990 | +234.3% |
| Accrued charges and deferred income | 492/3 | €0 | €300 | +€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,774 | €8,665 | -€109 | -1.2% |
| Other operating charges | 640/8 | €652 | €735 | +€84 | +12.8% |
| Gross operating margin | 9900 | €59,374 | €23,707 | -€35,666 | -60.1% |
| Operating profit (loss) | 9901 | €49,948 | €14,307 | -€35,641 | -71.4% |
| Financial income | 75/76B | €780 | €1,791 | +€1,011 | +129.6% |
| Recurring financial income | 75 | €780 | €1,791 | +€1,011 | +129.6% |
| Financial charges | 65/66B | €851 | €143 | -€709 | -83.2% |
| Recurring financial charges | 65 | €851 | €143 | -€709 | -83.2% |
| Profit (loss) for the period before taxes | 9903 | €49,876 | €15,955 | -€33,921 | -68.0% |
| Income taxes | 67/77 | €17,297 | €6,118 | -€11,178 | -64.6% |
| Profit (loss) for the period | 9904 | €32,579 | €9,836 | -€22,743 | -69.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,579 | €9,836 | -€22,743 | -69.8% |
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 4 October 2026 via checked.be.