PRIMARY RESOURCES: 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.
PRIMARY RESOURCES
Largest movements
- Cash +€5,039
up €5,039 (+12.0%), from €41,976 to €47,015
mainly Other debts (+€36,725) and Net result for the year (+€3,224)
- Other debts +€36,725
up €36,725 (+9.1%), from €404,579 to €441,304
- Trade debts -€34,910
no longer reported in 2025 (was €34,910)
- Profit (loss) carried forward +€3,224
up €3,224 (+1.8%), from -€180,097 to -€176,873
- Financial charges -€20,103
down €20,103 (-99.8%), from €20,148 to €45
of which Non-recurring financial charges: -€20,000
- Financial income -€2,665
down €2,665 (-31.9%), from €8,352 to €5,687
of which Financial income: -€2,665
- Other operating charges +€830
up €830 (+84.2%), from €985 to €1,815
- Gross operating margin -€432
down €432 (-252.1%), from -€171 to -€603
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 | €279,411 | €284,450 | +€5,039 | +1.8% |
| Fixed assets | 21/28 | €177,777 | €177,777 | = | 0.0% |
| Tangible fixed assets | 22/27 | €177,777 | €177,777 | = | 0.0% |
| Other tangible fixed assets | 26 | €177,777 | €177,777 | = | 0.0% |
| Current assets | 29/58 | €101,634 | €106,673 | +€5,039 | +5.0% |
| Amounts receivable within one year | 40/41 | €59,658 | €59,658 | = | 0.0% |
| Other amounts receivable | 41 | €59,658 | €59,658 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €41,976 | €47,015 | +€5,039 | +12.0% |
| Total equity and liabilities | 10/49 | €279,411 | €284,450 | +€5,039 | +1.8% |
| Equity | 10/15 | -€161,497 | -€158,273 | +€3,224 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€180,097 | -€176,873 | +€3,224 | +1.8% |
| Amounts payable | 17/49 | €440,907 | €442,722 | +€1,815 | +0.4% |
| Amounts payable within one year | 42/48 | €440,907 | €442,722 | +€1,815 | +0.4% |
| Trade debts | 44 | €34,910 | - | -€34,910 | |
| Suppliers | 440/4 | €34,910 | - | -€34,910 | |
| Taxes, remuneration and social security | 45 | €1,419 | €1,419 | = | 0.0% |
| Taxes | 450/3 | €1,419 | €1,419 | = | 0.0% |
| Other amounts payable | 47/48 | €404,579 | €441,304 | +€36,725 | +9.1% |
| Other operating charges | 640/8 | €985 | €1,815 | +€830 | +84.2% |
| Gross operating margin | 9900 | -€171 | -€603 | -€432 | -252.1% |
| Operating profit (loss) | 9901 | -€1,157 | -€2,418 | -€1,261 | -109.0% |
| Financial income | 75/76B | €8,352 | €5,687 | -€2,665 | -31.9% |
| Recurring financial income | 75 | €8,352 | €5,687 | -€2,665 | -31.9% |
| Non-recurring financial income | 76B | - | €5,687 | +€5,687 | |
| Financial charges | 65/66B | €20,148 | €45 | -€20,103 | -99.8% |
| Recurring financial charges | 65 | €148 | €45 | -€103 | -69.5% |
| Non-recurring financial charges | 66B | €20,000 | - | -€20,000 | |
| Profit (loss) for the period before taxes | 9903 | -€12,953 | €3,224 | +€16,176 | |
| Profit (loss) for the period | 9904 | -€12,953 | €3,224 | +€16,176 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,953 | €3,224 | +€16,176 |
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 10 October 2026 via checked.be.