POINT ROUGE: 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.
POINT ROUGE
Largest movements
- Tangible fixed assets -€6,070
down €6,070 (-5.5%), from €110,037 to €103,966
- Deferred charges and accrued income +€3,351
up €3,351 (+62.6%), from €5,350 to €8,702
- Cash -€3,232
down €3,232 (-70.6%), from €4,577 to €1,345
mainly Net result for the year (-€3,444) and Deferred charges and accrued income (-€3,351)
- Reserves -€2,623
down €2,623 (-4.6%), from €56,593 to €53,971
of which Tax-exempt reserves: -€2,623
- Provisions -€1,351
down €1,351 (-6.1%), from €22,066 to €20,715
- Gross operating margin +€4,860
up €4,860 (+521.0%), from €933 to €5,792
- Other operating charges +€87
up €87 (+2.0%), from €4,276 to €4,363
- Taxes -€59
down €59 (-38.4%), from €153 to €94
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 | €119,964 | €114,013 | -€5,951 | -5.0% |
| Fixed assets | 21/28 | €110,037 | €103,966 | -€6,070 | -5.5% |
| Tangible fixed assets | 22/27 | €110,037 | €103,966 | -€6,070 | -5.5% |
| Land and buildings | 22 | €110,037 | €103,966 | -€6,070 | -5.5% |
| Current assets | 29/58 | €9,927 | €10,047 | +€120 | +1.2% |
| Cash at bank and in hand | 54/58 | €4,577 | €1,345 | -€3,232 | -70.6% |
| Deferred charges and accrued income | 490/1 | €5,350 | €8,702 | +€3,351 | +62.6% |
| Total equity and liabilities | 10/49 | €119,964 | €114,013 | -€5,951 | -5.0% |
| Equity | 10/15 | €93,815 | €90,370 | -€3,444 | -3.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €56,593 | €53,971 | -€2,623 | -4.6% |
| Tax-exempt reserves | 132 | €42,834 | €40,212 | -€2,623 | -6.1% |
| Distributable reserves | 133 | €13,759 | €13,759 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,629 | €17,807 | -€822 | -4.4% |
| Provisions and deferred taxes | 16 | €22,066 | €20,715 | -€1,351 | -6.1% |
| Deferred taxes | 168 | €22,066 | €20,715 | -€1,351 | -6.1% |
| Amounts payable | 17/49 | €4,083 | €2,928 | -€1,156 | -28.3% |
| Amounts payable within one year | 42/48 | €3,165 | €2,928 | -€238 | -7.5% |
| Trade debts | 44 | €467 | €86 | -€382 | -81.7% |
| Suppliers | 440/4 | €467 | €86 | -€382 | -81.7% |
| Taxes, remuneration and social security | 45 | €153 | €94 | -€59 | -38.4% |
| Taxes | 450/3 | €153 | €94 | -€59 | -38.4% |
| Other amounts payable | 47/48 | €2,545 | €2,748 | +€203 | +8.0% |
| Accrued charges and deferred income | 492/3 | €918 | €0 | -€918 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,027 | €6,070 | +€44 | +0.7% |
| Other operating charges | 640/8 | €4,276 | €4,363 | +€87 | +2.0% |
| Gross operating margin | 9900 | €933 | €5,792 | +€4,860 | +521.0% |
| Operating profit (loss) | 9901 | -€9,370 | -€4,641 | +€4,729 | +50.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €60 | €60 | = | 0.0% |
| Recurring financial charges | 65 | €60 | €60 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,430 | -€4,701 | +€4,729 | +50.1% |
| Transfer from deferred taxes | 780 | €3,973 | €1,351 | -€2,623 | -66.0% |
| Income taxes | 67/77 | €153 | €94 | -€59 | -38.4% |
| Profit (loss) for the period | 9904 | -€5,610 | -€3,444 | +€2,165 | +38.6% |
| Transfer from tax-exempt reserves | 789 | - | €2,623 | +€2,623 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,610 | -€822 | +€4,788 | +85.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.