PLANT ACTIVITY: 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.
PLANT ACTIVITY
Largest movements
- Tangible fixed assets -€46,772
down €46,772 (-5.2%), from €898,588 to €851,816
of which Land and buildings: -€45,207
- Cash +€19,403
up €19,403 (+114%), from €17,054 to €36,457
mainly Depreciation (+€51,422) and Net result for the year (+€26,670)
- Debts after one year -€33,918
down €33,918 (-17.5%), from €193,725 to €159,808
- Other debts -€21,189
down €21,189 (-3.1%), from €677,486 to €656,296
- Reserves +€18,984
new in 2025: €18,984
- Gross operating margin +€41,593
up €41,593 (+68.7%), from €60,505 to €102,098
- Depreciation +€10,854
up €10,854 (+26.8%), from €40,568 to €51,422
- Taxes +€1,898
new in 2025: €1,898
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 | €928,185 | €903,954 | -€24,231 | -2.6% |
| Fixed assets | 21/28 | €898,588 | €851,816 | -€46,772 | -5.2% |
| Tangible fixed assets | 22/27 | €898,588 | €851,816 | -€46,772 | -5.2% |
| Land and buildings | 22 | €892,256 | €847,049 | -€45,207 | -5.1% |
| Plant, machinery and equipment | 23 | €984 | €737 | -€248 | -25.2% |
| Furniture and vehicles | 24 | €5,347 | €4,030 | -€1,317 | -24.6% |
| Current assets | 29/58 | €29,597 | €52,138 | +€22,541 | +76.2% |
| Amounts receivable within one year | 40/41 | €11,222 | €14,520 | +€3,298 | +29.4% |
| Trade receivables | 40 | €11,222 | €14,520 | +€3,298 | +29.4% |
| Cash at bank and in hand | 54/58 | €17,054 | €36,457 | +€19,403 | +114% |
| Deferred charges and accrued income | 490/1 | €1,321 | €1,161 | -€160 | -12.1% |
| Total equity and liabilities | 10/49 | €928,185 | €903,954 | -€24,231 | -2.6% |
| Equity | 10/15 | €10,915 | €37,584 | +€26,670 | +244% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €18,984 | +€18,984 | |
| Non-distributable reserves | 130/1 | - | €18,984 | +€18,984 | |
| Other | 1319 | - | €18,984 | +€18,984 | |
| Profit (loss) carried forward | 14 | -€7,685 | - | +€7,685 | |
| Amounts payable | 17/49 | €917,270 | €866,370 | -€50,901 | -5.5% |
| Amounts payable after more than one year | 17 | €193,725 | €159,808 | -€33,918 | -17.5% |
| Financial debts | 170/4 | €193,725 | €159,808 | -€33,918 | -17.5% |
| Amounts payable within one year | 42/48 | €713,440 | €696,119 | -€17,321 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €32,625 | €33,918 | +€1,293 | +4.0% |
| Trade debts | 44 | €571 | €434 | -€136 | -23.9% |
| Suppliers | 440/4 | €571 | €434 | -€136 | -23.9% |
| Taxes, remuneration and social security | 45 | €2,758 | €5,470 | +€2,712 | +98.3% |
| Taxes | 450/3 | €2,758 | €5,470 | +€2,712 | +98.3% |
| Other amounts payable | 47/48 | €677,486 | €656,296 | -€21,189 | -3.1% |
| Accrued charges and deferred income | 492/3 | €10,105 | €10,443 | +€338 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,568 | €51,422 | +€10,854 | +26.8% |
| Other operating charges | 640/8 | €6,225 | €6,425 | +€200 | +3.2% |
| Gross operating margin | 9900 | €60,505 | €102,098 | +€41,593 | +68.7% |
| Operating profit (loss) | 9901 | €13,712 | €44,251 | +€30,539 | +223% |
| Financial charges | 65/66B | €15,605 | €15,683 | +€79 | +0.5% |
| Recurring financial charges | 65 | €15,605 | €15,683 | +€79 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,893 | €28,568 | +€30,461 | |
| Income taxes | 67/77 | - | €1,898 | +€1,898 | |
| Profit (loss) for the period | 9904 | -€1,893 | €26,670 | +€28,562 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,893 | €26,670 | +€28,562 |
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 18 October 2026 via checked.be.