PRESENT-ERA: 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-ERA
Largest movements
- Receivables within one year +€21,611
up €21,611 (+16.0%), from €135,051 to €156,662
of which Other amounts receivable: +€21,619
- Tangible fixed assets -€11,964
down €11,964 (-5.2%), from €229,880 to €217,916
of which Land and buildings: -€9,207
- Deferred charges and accrued income +€8,122
up €8,122 (+135.8%), from €5,981 to €14,103
- Profit (loss) carried forward +€47,160
up €47,160 (+14.6%), from €322,777 to €369,937
- Debts after one year -€26,647
down €26,647 (-17.5%), from €152,145 to €125,498
- Gross operating margin -€30,029
down €30,029 (-23.4%), from €128,220 to €98,191
- Taxes -€6,723
down €6,723 (-28.4%), from €23,673 to €16,950
- Financial income +€6,703
up €6,703 (+301.7%), from €2,222 to €8,925
- Staff costs +€3,413
up €3,413 (+16.2%), from €21,066 to €24,479
- Financial charges -€1,585
down €1,585 (-33.5%), from €4,734 to €3,149
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 | €555,469 | €576,432 | +€20,963 | +3.8% |
| Fixed assets | 21/28 | €230,079 | €218,115 | -€11,964 | -5.2% |
| Tangible fixed assets | 22/27 | €229,880 | €217,916 | -€11,964 | -5.2% |
| Land and buildings | 22 | €218,852 | €209,645 | -€9,207 | -4.2% |
| Furniture and vehicles | 24 | €11,028 | €8,271 | -€2,757 | -25.0% |
| Financial fixed assets | 28 | €199 | €199 | = | 0.0% |
| Current assets | 29/58 | €325,390 | €358,317 | +€32,927 | +10.1% |
| Amounts receivable within one year | 40/41 | €135,051 | €156,662 | +€21,611 | +16.0% |
| Trade receivables | 40 | €8 | - | -€8 | |
| Other amounts receivable | 41 | €135,043 | €156,662 | +€21,619 | +16.0% |
| Cash at bank and in hand | 54/58 | €184,358 | €187,552 | +€3,194 | +1.7% |
| Deferred charges and accrued income | 490/1 | €5,981 | €14,103 | +€8,122 | +135.8% |
| Total equity and liabilities | 10/49 | €555,469 | €576,432 | +€20,963 | +3.8% |
| Equity | 10/15 | €344,777 | €391,937 | +€47,160 | +13.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €322,777 | €369,937 | +€47,160 | +14.6% |
| Amounts payable | 17/49 | €210,692 | €184,495 | -€26,196 | -12.4% |
| Amounts payable after more than one year | 17 | €152,145 | €125,498 | -€26,647 | -17.5% |
| Financial debts | 170/4 | €152,145 | €125,498 | -€26,647 | -17.5% |
| Amounts payable within one year | 42/48 | €26,196 | €26,647 | +€451 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €26,188 | €26,647 | +€460 | +1.8% |
| Taxes, remuneration and social security | 45 | €9 | - | -€9 | |
| Taxes | 450/3 | €9 | - | -€9 | |
| Accrued charges and deferred income | 492/3 | €32,350 | €32,350 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €21,066 | €24,479 | +€3,413 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,964 | €11,964 | = | 0.0% |
| Other operating charges | 640/8 | €3,557 | €3,414 | -€142 | -4.0% |
| Gross operating margin | 9900 | €128,220 | €98,191 | -€30,029 | -23.4% |
| Operating profit (loss) | 9901 | €91,633 | €58,333 | -€33,300 | -36.3% |
| Financial income | 75/76B | €2,222 | €8,925 | +€6,703 | +301.7% |
| Recurring financial income | 75 | €2,222 | €8,925 | +€6,703 | +301.7% |
| Financial charges | 65/66B | €4,734 | €3,149 | -€1,585 | -33.5% |
| Recurring financial charges | 65 | €4,734 | €3,149 | -€1,585 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €89,121 | €64,110 | -€25,012 | -28.1% |
| Income taxes | 67/77 | €23,673 | €16,950 | -€6,723 | -28.4% |
| Profit (loss) for the period | 9904 | €65,448 | €47,160 | -€18,289 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €65,448 | €47,160 | -€18,289 | -27.9% |
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 11 October 2026 via checked.be.