POSSIBEL: 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.
POSSIBEL
Largest movements
- Receivables within one year -€21,491
down €21,491 (-48.3%), from €44,453 to €22,962
of which Trade receivables: -€18,187
- Tangible fixed assets -€9,028
down €9,028 (-3.6%), from €249,189 to €240,161
of which Land and buildings: -€49,460
- Other debts -€41,846
down €41,846 (-80.5%), from €51,983 to €10,137
- Reserves +€30,587
up €30,587 (+44.9%), from €68,091 to €98,678
of which Distributable reserves: +€30,587
- Debts after one year -€18,714
down €18,714 (-15.2%), from €123,118 to €104,404
- Tax, wage and social debts -€3,280
down €3,280 (-14.9%), from €22,017 to €18,737
of which Taxes: -€5,080
- Gross operating margin +€17,646
up €17,646 (+26.2%), from €67,297 to €84,943
- Depreciation +€5,467
up €5,467 (+20.9%), from €26,154 to €31,621
- Taxes +€2,444
up €2,444 (+22.0%), from €11,130 to €13,573
- Financial charges +€1,939
up €1,939 (+29.4%), from €6,591 to €8,530
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 | €295,014 | €265,245 | -€29,769 | -10.1% |
| Fixed assets | 21/28 | €249,189 | €240,161 | -€9,028 | -3.6% |
| Tangible fixed assets | 22/27 | €249,189 | €240,161 | -€9,028 | -3.6% |
| Land and buildings | 22 | €212,084 | €162,624 | -€49,460 | -23.3% |
| Plant, machinery and equipment | 23 | €3,162 | €1,270 | -€1,892 | -59.8% |
| Furniture and vehicles | 24 | €33,943 | €25,266 | -€8,676 | -25.6% |
| Other tangible fixed assets | 26 | - | €51,000 | +€51,000 | |
| Current assets | 29/58 | €45,826 | €25,084 | -€20,741 | -45.3% |
| Amounts receivable within one year | 40/41 | €44,453 | €22,962 | -€21,491 | -48.3% |
| Trade receivables | 40 | €41,033 | €22,846 | -€18,187 | -44.3% |
| Other amounts receivable | 41 | €3,420 | €116 | -€3,304 | -96.6% |
| Cash at bank and in hand | 54/58 | €1,061 | €757 | -€304 | -28.6% |
| Deferred charges and accrued income | 490/1 | €312 | €1,365 | +€1,053 | +338% |
| Total equity and liabilities | 10/49 | €295,014 | €265,245 | -€29,769 | -10.1% |
| Equity | 10/15 | €75,528 | €106,115 | +€30,587 | +40.5% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €68,091 | €98,678 | +€30,587 | +44.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €68,091 | €98,678 | +€30,587 | +44.9% |
| Amounts payable | 17/49 | €219,487 | €159,131 | -€60,356 | -27.5% |
| Amounts payable after more than one year | 17 | €123,118 | €104,404 | -€18,714 | -15.2% |
| Financial debts | 170/4 | €123,118 | €104,404 | -€18,714 | -15.2% |
| Amounts payable within one year | 42/48 | €92,296 | €47,771 | -€44,524 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €18,296 | €18,714 | +€418 | +2.3% |
| Trade debts | 44 | €0 | €183 | +€183 | |
| Suppliers | 440/4 | €0 | €183 | +€183 | |
| Taxes, remuneration and social security | 45 | €22,017 | €18,737 | -€3,280 | -14.9% |
| Taxes | 450/3 | €22,017 | €16,937 | -€5,080 | -23.1% |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | €51,983 | €10,137 | -€41,846 | -80.5% |
| Accrued charges and deferred income | 492/3 | €4,073 | €6,955 | +€2,882 | +70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,154 | €31,621 | +€5,467 | +20.9% |
| Other operating charges | 640/8 | €1,276 | €637 | -€639 | -50.1% |
| Gross operating margin | 9900 | €67,297 | €84,943 | +€17,646 | +26.2% |
| Operating profit (loss) | 9901 | €39,867 | €52,685 | +€12,818 | +32.2% |
| Financial income | 75/76B | €3 | €5 | +€2 | +67.9% |
| Recurring financial income | 75 | €3 | €5 | +€2 | +67.9% |
| Financial charges | 65/66B | €6,591 | €8,530 | +€1,939 | +29.4% |
| Recurring financial charges | 65 | €6,591 | €8,530 | +€1,939 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | €33,279 | €44,160 | +€10,881 | +32.7% |
| Income taxes | 67/77 | €11,130 | €13,573 | +€2,444 | +22.0% |
| Profit (loss) for the period | 9904 | €22,149 | €30,587 | +€8,437 | +38.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,149 | €30,587 | +€8,437 | +38.1% |
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 16 October 2026 via checked.be.