Posément couleurs: 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.
Posément couleurs
Largest movements
- Tangible fixed assets -€28,757
down €28,757 (-29.8%), from €96,426 to €67,669
of which Plant, machinery and equipment: -€23,638
- Receivables within one year +€12,147
up €12,147 (+25.6%), from €47,375 to €59,522
of which Trade receivables: +€7,152
- Debts after one year -€22,809
down €22,809 (-19.8%), from €114,969 to €92,160
- Tax, wage and social debts +€6,464
up €6,464 (+50.7%), from €12,756 to €19,221
of which Taxes: +€6,908
- Current portion of long-term debt -€5,085
down €5,085 (-18.2%), from €27,894 to €22,809
- Profit (loss) carried forward +€3,695
up €3,695 (+6.5%), from €56,842 to €60,537
- Staff costs -€23,620
down €23,620 (-18.1%), from €130,257 to €106,637
- Gross operating margin -€23,478
down €23,478 (-13.5%), from €173,992 to €150,514
- Financial charges +€3,762
up €3,762 (+131%), from €2,880 to €6,642
- Depreciation -€3,576
down €3,576 (-10.1%), from €35,374 to €31,797
- Financial income -€3,020
down €3,020 (-99.4%), from €3,037 to €18
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 | €229,052 | €210,159 | -€18,894 | -8.2% |
| Fixed assets | 21/28 | €96,426 | €67,669 | -€28,757 | -29.8% |
| Tangible fixed assets | 22/27 | €96,426 | €67,669 | -€28,757 | -29.8% |
| Plant, machinery and equipment | 23 | €85,568 | €61,930 | -€23,638 | -27.6% |
| Furniture and vehicles | 24 | €10,858 | €5,739 | -€5,119 | -47.1% |
| Current assets | 29/58 | €132,627 | €142,490 | +€9,863 | +7.4% |
| Stocks and contracts in progress | 3 | €58,674 | €59,766 | +€1,092 | +1.9% |
| Stocks | 30/36 | €58,674 | €59,766 | +€1,092 | +1.9% |
| Amounts receivable within one year | 40/41 | €47,375 | €59,522 | +€12,147 | +25.6% |
| Trade receivables | 40 | €1,838 | €8,990 | +€7,152 | +389% |
| Other amounts receivable | 41 | €45,538 | €50,532 | +€4,994 | +11.0% |
| Cash at bank and in hand | 54/58 | €19,980 | €18,465 | -€1,514 | -7.6% |
| Deferred charges and accrued income | 490/1 | €6,598 | €4,737 | -€1,861 | -28.2% |
| Total equity and liabilities | 10/49 | €229,052 | €210,159 | -€18,894 | -8.2% |
| Equity | 10/15 | €69,759 | €73,454 | +€3,695 | +5.3% |
| Contributions | 10/11 | €12,917 | €12,917 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,842 | €60,537 | +€3,695 | +6.5% |
| Amounts payable | 17/49 | €159,293 | €136,705 | -€22,588 | -14.2% |
| Amounts payable after more than one year | 17 | €114,969 | €92,160 | -€22,809 | -19.8% |
| Financial debts | 170/4 | €114,969 | €92,160 | -€22,809 | -19.8% |
| Amounts payable within one year | 42/48 | €42,661 | €43,026 | +€365 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €27,894 | €22,809 | -€5,085 | -18.2% |
| Trade debts | 44 | €1,418 | €971 | -€447 | -31.5% |
| Suppliers | 440/4 | €1,418 | €971 | -€447 | -31.5% |
| Taxes, remuneration and social security | 45 | €12,756 | €19,221 | +€6,464 | +50.7% |
| Taxes | 450/3 | €599 | €7,507 | +€6,908 | +1,153% |
| Remuneration and social security | 454/9 | €12,157 | €11,714 | -€443 | -3.6% |
| Other amounts payable | 47/48 | €592 | €25 | -€567 | -95.8% |
| Accrued charges and deferred income | 492/3 | €1,663 | €1,519 | -€145 | -8.7% |
| Remuneration, social security and pensions | 62 | €130,257 | €106,637 | -€23,620 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,374 | €31,797 | -€3,576 | -10.1% |
| Other operating charges | 640/8 | €1,559 | €1,504 | -€55 | -3.5% |
| Gross operating margin | 9900 | €173,992 | €150,514 | -€23,478 | -13.5% |
| Operating profit (loss) | 9901 | €6,803 | €10,576 | +€3,772 | +55.5% |
| Financial income | 75/76B | €3,037 | €18 | -€3,020 | -99.4% |
| Recurring financial income | 75 | €3,037 | €18 | -€3,020 | -99.4% |
| Financial charges | 65/66B | €2,880 | €6,642 | +€3,762 | +131% |
| Recurring financial charges | 65 | €2,880 | €6,642 | +€3,762 | +131% |
| Profit (loss) for the period before taxes | 9903 | €6,961 | €3,952 | -€3,009 | -43.2% |
| Income taxes | 67/77 | €244 | €257 | +€13 | +5.3% |
| Profit (loss) for the period | 9904 | €6,717 | €3,695 | -€3,022 | -45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,717 | €3,695 | -€3,022 | -45.0% |
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 27 October 2026 via checked.be.