PLACEBOOK: 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.
PLACEBOOK
Largest movements
- Cash -€15,122
down €15,122 (-8.7%), from €174,196 to €159,073
mainly Receivables within one year (-€13,741) and Net result for the year (-€1,477)
- Receivables within one year +€13,741
up €13,741 (+22.3%), from €61,494 to €75,236
of which Other amounts receivable: +€12,000
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges -€731
down €731 (-76.1%), from €961 to €230
- Gross operating margin +€72
no longer reported in 2025 (was -€72)
- Financial charges -€30
down €30 (-2.3%), from €1,276 to €1,247
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €649,837 | €648,456 | -€1,381 | -0.2% |
| Current assets | 29/58 | €649,837 | €648,456 | -€1,381 | -0.2% |
| Stocks and contracts in progress | 3 | €414,146 | €414,146 | = | 0.0% |
| Stocks | 30/36 | €414,146 | €414,146 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €61,494 | €75,236 | +€13,741 | +22.3% |
| Trade receivables | 40 | €5,558 | €7,299 | +€1,741 | +31.3% |
| Other amounts receivable | 41 | €55,936 | €67,936 | +€12,000 | +21.5% |
| Cash at bank and in hand | 54/58 | €174,196 | €159,073 | -€15,122 | -8.7% |
| Total equity and liabilities | 10/49 | €649,837 | €648,456 | -€1,381 | -0.2% |
| Equity | 10/15 | €436,144 | €434,667 | -€1,477 | -0.3% |
| Contributions | 10/11 | €187,500 | €187,500 | = | 0.0% |
| Capital | 10 | €187,500 | €187,500 | = | 0.0% |
| Issued capital | 100 | €187,500 | €187,500 | = | 0.0% |
| Reserves | 13 | €68,750 | €68,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,750 | €18,750 | = | 0.0% |
| Legal reserve | 130 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €179,894 | €178,417 | -€1,477 | -0.8% |
| Amounts payable | 17/49 | €213,693 | €213,789 | +€96 | 0.0% |
| Amounts payable after more than one year | 17 | €212,762 | €212,812 | +€50 | 0.0% |
| Other amounts payable | 178/9 | €212,762 | €212,812 | +€50 | 0.0% |
| Amounts payable within one year | 42/48 | €931 | €977 | +€46 | +4.9% |
| Trade debts | 44 | €584 | €630 | +€46 | +7.9% |
| Suppliers | 440/4 | €584 | €630 | +€46 | +7.9% |
| Taxes, remuneration and social security | 45 | €217 | €217 | = | 0.0% |
| Taxes | 450/3 | €217 | €217 | = | 0.0% |
| Other amounts payable | 47/48 | €130 | €130 | = | 0.0% |
| Other operating charges | 640/8 | €961 | €230 | -€731 | -76.1% |
| Gross operating margin | 9900 | -€72 | - | +€72 | |
| Operating profit (loss) | 9901 | -€1,033 | -€230 | +€803 | +77.7% |
| Financial charges | 65/66B | €1,276 | €1,247 | -€30 | -2.3% |
| Recurring financial charges | 65 | €1,276 | €1,247 | -€30 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,310 | -€1,477 | +€833 | +36.1% |
| Profit (loss) for the period | 9904 | -€2,310 | -€1,477 | +€833 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,310 | -€1,477 | +€833 | +36.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.