PRESENT: 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.
PRESENT
Largest movements
- Receivables within one year +€20,273
up €20,273 (+56.8%), from €35,670 to €55,942
of which Trade receivables: +€10,985
- Tangible fixed assets +€6,849
up €6,849 (+24.4%), from €28,078 to €34,927
of which Furniture and vehicles: +€5,004
- Financial fixed assets -€5,382
down €5,382 (-59.9%), from €8,978 to €3,597
- Trade debts +€21,127
up €21,127 (+480.4%), from €4,398 to €25,525
- Reserves -€3,843
down €3,843 (-3.2%), from €120,403 to €116,560
of which Distributable reserves: -€3,843
- Tax, wage and social debts +€3,820
up €3,820 (+47.1%), from €8,108 to €11,929
of which Taxes: +€3,820
- Gross operating margin -€9,825
down €9,825 (-17.5%), from €56,205 to €46,381
- Financial income +€2,137
up €2,137 (+493.1%), from €433 to €2,570
- Taxes -€1,975
down €1,975 (-14.0%), from €14,066 to €12,091
- Financial charges -€675
down €675 (-22.0%), from €3,073 to €2,398
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 | €256,819 | €278,860 | +€22,041 | +8.6% |
| Fixed assets | 21/28 | €37,056 | €38,524 | +€1,467 | +4.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €28,078 | €34,927 | +€6,849 | +24.4% |
| Plant, machinery and equipment | 23 | €9,306 | €11,956 | +€2,649 | +28.5% |
| Furniture and vehicles | 24 | €16,754 | €21,759 | +€5,004 | +29.9% |
| Other tangible fixed assets | 26 | €2,018 | €1,213 | -€805 | -39.9% |
| Financial fixed assets | 28 | €8,978 | €3,597 | -€5,382 | -59.9% |
| Current assets | 29/58 | €219,763 | €240,337 | +€20,574 | +9.4% |
| Amounts receivable within one year | 40/41 | €35,670 | €55,942 | +€20,273 | +56.8% |
| Trade receivables | 40 | €17,568 | €28,553 | +€10,985 | +62.5% |
| Other amounts receivable | 41 | €18,101 | €27,389 | +€9,288 | +51.3% |
| Current investments | 50/53 | €74,390 | €74,047 | -€343 | -0.5% |
| Cash at bank and in hand | 54/58 | €106,487 | €106,908 | +€421 | +0.4% |
| Deferred charges and accrued income | 490/1 | €3,216 | €3,439 | +€223 | +6.9% |
| Total equity and liabilities | 10/49 | €256,819 | €278,860 | +€22,041 | +8.6% |
| Equity | 10/15 | €170,403 | €166,560 | -€3,843 | -2.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €120,403 | €116,560 | -€3,843 | -3.2% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €115,403 | €111,560 | -€3,843 | -3.3% |
| Amounts payable | 17/49 | €86,416 | €112,300 | +€25,884 | +30.0% |
| Amounts payable within one year | 42/48 | €86,416 | €112,300 | +€25,884 | +30.0% |
| Financial debts | 43 | €3,474 | €5,185 | +€1,711 | +49.2% |
| Credit institutions | 430/8 | €3,474 | €5,185 | +€1,711 | +49.2% |
| Trade debts | 44 | €4,398 | €25,525 | +€21,127 | +480.4% |
| Suppliers | 440/4 | €4,398 | €25,525 | +€21,127 | +480.4% |
| Taxes, remuneration and social security | 45 | €8,108 | €11,929 | +€3,820 | +47.1% |
| Taxes | 450/3 | €8,108 | €11,929 | +€3,820 | +47.1% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €70,436 | €69,661 | -€775 | -1.1% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,845 | €5,864 | +€19 | +0.3% |
| Other operating charges | 640/8 | €1,598 | €1,369 | -€229 | -14.3% |
| Gross operating margin | 9900 | €56,205 | €46,381 | -€9,825 | -17.5% |
| Operating profit (loss) | 9901 | €48,762 | €39,148 | -€9,614 | -19.7% |
| Financial income | 75/76B | €433 | €2,570 | +€2,137 | +493.1% |
| Recurring financial income | 75 | €433 | €2,570 | +€2,137 | +493.1% |
| Financial charges | 65/66B | €3,073 | €2,398 | -€675 | -22.0% |
| Recurring financial charges | 65 | €3,073 | €2,398 | -€675 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €46,122 | €39,320 | -€6,802 | -14.7% |
| Income taxes | 67/77 | €14,066 | €12,091 | -€1,975 | -14.0% |
| Profit (loss) for the period | 9904 | €32,056 | €27,229 | -€4,828 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,056 | €27,229 | -€4,828 | -15.1% |
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 12 October 2026 via checked.be.