PLAN 24: 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.
PLAN 24
Largest movements
- Current investments +€75,000
new in 2025: €75,000
- Cash -€59,481
down €59,481 (-77.6%), from €76,607 to €17,126
mainly Current investments (-€75,000) and Debts after one year (-€60,358)
- Tangible fixed assets -€36,173
down €36,173 (-5.4%), from €671,804 to €635,631
- Debts after one year -€60,358
down €60,358 (-22.9%), from €263,816 to €203,459
- Other debts +€29,450
up €29,450 (+5177.9%), from €569 to €30,019
- Profit (loss) carried forward +€10,861
up €10,861 (+4.0%), from €271,035 to €281,896
- Gross operating margin -€53,371
down €53,371 (-34.7%), from €153,733 to €100,362
- Taxes -€6,659
down €6,659 (-30.3%), from €21,946 to €15,287
- Depreciation -€4,928
down €4,928 (-12.0%), from €41,101 to €36,173
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 | €748,411 | €727,768 | -€20,643 | -2.8% |
| Fixed assets | 21/28 | €671,804 | €635,631 | -€36,173 | -5.4% |
| Tangible fixed assets | 22/27 | €671,804 | €635,631 | -€36,173 | -5.4% |
| Land and buildings | 22 | €671,804 | €635,631 | -€36,173 | -5.4% |
| Current assets | 29/58 | €76,607 | €92,137 | +€15,530 | +20.3% |
| Amounts receivable within one year | 40/41 | - | €12 | +€12 | |
| Other amounts receivable | 41 | - | €12 | +€12 | |
| Current investments | 50/53 | - | €75,000 | +€75,000 | |
| Cash at bank and in hand | 54/58 | €76,607 | €17,126 | -€59,481 | -77.6% |
| Total equity and liabilities | 10/49 | €748,411 | €727,768 | -€20,643 | -2.8% |
| Equity | 10/15 | €421,035 | €431,896 | +€10,861 | +2.6% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €271,035 | €281,896 | +€10,861 | +4.0% |
| Amounts payable | 17/49 | €327,376 | €295,872 | -€31,504 | -9.6% |
| Amounts payable after more than one year | 17 | €263,816 | €203,459 | -€60,358 | -22.9% |
| Financial debts | 170/4 | €263,816 | €203,459 | -€60,358 | -22.9% |
| Amounts payable within one year | 42/48 | €62,928 | €92,413 | +€29,485 | +46.9% |
| Current portion of amounts payable after more than one year | 42 | €60,046 | €60,358 | +€311 | +0.5% |
| Taxes, remuneration and social security | 45 | €2,313 | €2,037 | -€277 | -12.0% |
| Taxes | 450/3 | €2,313 | €2,037 | -€277 | -12.0% |
| Other amounts payable | 47/48 | €569 | €30,019 | +€29,450 | +5177.9% |
| Accrued charges and deferred income | 492/3 | €631 | - | -€631 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,101 | €36,173 | -€4,928 | -12.0% |
| Other operating charges | 640/8 | €2,062 | €2,121 | +€59 | +2.9% |
| Gross operating margin | 9900 | €153,733 | €100,362 | -€53,371 | -34.7% |
| Operating profit (loss) | 9901 | €110,570 | €62,068 | -€48,502 | -43.9% |
| Financial income | 75/76B | - | €653 | +€653 | |
| Recurring financial income | 75 | - | €653 | +€653 | |
| Financial charges | 65/66B | €2,788 | €1,574 | -€1,214 | -43.6% |
| Recurring financial charges | 65 | €2,788 | €1,574 | -€1,214 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €107,782 | €61,148 | -€46,634 | -43.3% |
| Income taxes | 67/77 | €21,946 | €15,287 | -€6,659 | -30.3% |
| Profit (loss) for the period | 9904 | €85,837 | €45,861 | -€39,976 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €85,837 | €45,861 | -€39,976 | -46.6% |
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 7 October 2026 via checked.be.