Press Play: 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.
Press Play
Largest movements
- Tangible fixed assets +€48,396
up €48,396 (+300.9%), from €16,086 to €64,482
of which Furniture and vehicles: +€51,523
- Current investments -€43,001
down €43,001 (-89.6%), from €48,001 to €5,000
- Receivables within one year -€4,271
down €4,271 (-72.3%), from €5,904 to €1,633
of which Other amounts receivable: -€2,450
- Cash -€824
down €824 (-63.9%), from €1,290 to €466
mainly Investment in fixed assets (net) (-€62,231) and Other debts (-€5,039)
- Other debts -€5,039
no longer reported in 2025 (was €5,039)
- Reserves +€3,793
up €3,793 (+9.1%), from €41,617 to €45,410
of which Distributable reserves: +€3,793
- Tax, wage and social debts +€1,368
up €1,368 (+25.0%), from €5,480 to €6,848
- Depreciation +€9,635
up €9,635 (+229.5%), from €4,199 to €13,835
- Gross operating margin -€9,067
down €9,067 (-29.8%), from €30,468 to €21,401
- Taxes -€6,339
down €6,339 (-69.4%), from €9,139 to €2,800
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 | €71,281 | €71,581 | +€300 | +0.4% |
| Fixed assets | 21/28 | €16,086 | €64,482 | +€48,396 | +300.9% |
| Tangible fixed assets | 22/27 | €16,086 | €64,482 | +€48,396 | +300.9% |
| Land and buildings | 22 | €13,139 | €10,440 | -€2,699 | -20.5% |
| Plant, machinery and equipment | 23 | €1,854 | €1,426 | -€427 | -23.1% |
| Furniture and vehicles | 24 | €1,093 | €52,616 | +€51,523 | +4712.6% |
| Current assets | 29/58 | €55,195 | €7,099 | -€48,097 | -87.1% |
| Amounts receivable within one year | 40/41 | €5,904 | €1,633 | -€4,271 | -72.3% |
| Trade receivables | 40 | €2,306 | €484 | -€1,821 | -79.0% |
| Other amounts receivable | 41 | €3,598 | €1,149 | -€2,450 | -68.1% |
| Current investments | 50/53 | €48,001 | €5,000 | -€43,001 | -89.6% |
| Cash at bank and in hand | 54/58 | €1,290 | €466 | -€824 | -63.9% |
| Total equity and liabilities | 10/49 | €71,281 | €71,581 | +€300 | +0.4% |
| Equity | 10/15 | €60,217 | €64,010 | +€3,793 | +6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,617 | €45,410 | +€3,793 | +9.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €39,757 | €43,550 | +€3,793 | +9.5% |
| Amounts payable | 17/49 | €11,064 | €7,571 | -€3,493 | -31.6% |
| Amounts payable within one year | 42/48 | €11,064 | €7,571 | -€3,493 | -31.6% |
| Trade debts | 44 | €544 | €722 | +€178 | +32.7% |
| Suppliers | 440/4 | €544 | €722 | +€178 | +32.7% |
| Taxes, remuneration and social security | 45 | €5,480 | €6,848 | +€1,368 | +25.0% |
| Taxes | 450/3 | €5,480 | €6,848 | +€1,368 | +25.0% |
| Other amounts payable | 47/48 | €5,039 | - | -€5,039 | |
| Non-recurring operating income | 76A | - | €2,715 | +€2,715 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,199 | €13,835 | +€9,635 | +229.5% |
| Other operating charges | 640/8 | €1,048 | €1,005 | -€43 | -4.1% |
| Gross operating margin | 9900 | €30,468 | €21,401 | -€9,067 | -29.8% |
| Operating profit (loss) | 9901 | €25,221 | €6,561 | -€18,660 | -74.0% |
| Financial income | 75/76B | €440 | €197 | -€243 | -55.3% |
| Recurring financial income | 75 | €440 | €197 | -€243 | -55.3% |
| Financial charges | 65/66B | €145 | €166 | +€21 | +14.4% |
| Recurring financial charges | 65 | €145 | €166 | +€21 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €25,516 | €6,592 | -€18,924 | -74.2% |
| Income taxes | 67/77 | €9,139 | €2,800 | -€6,339 | -69.4% |
| Profit (loss) for the period | 9904 | €16,377 | €3,793 | -€12,584 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,377 | €3,793 | -€12,584 | -76.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.