PRIVATE MANAGEMENT: 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.
PRIVATE MANAGEMENT
Largest movements
- Receivables within one year +€91,716
new in 2025: €91,716
of which Other amounts receivable: +€87,136
- Cash +€14,232
new in 2025: €14,232
mainly Net result for the year (+€71,111) and Debts after one year (+€14,000)
- Receivables after one year -€2,615
down €2,615 (-10.5%), from €24,937 to €22,322
- Reserves +€73,145
up €73,145 (+3943.1%), from €1,855 to €75,000
of which Distributable reserves: +€75,000
- Debts after one year +€14,000
new in 2025: €14,000
- Tax, wage and social debts +€13,286
new in 2025: €13,286
of which Taxes: +€10,631
- Trade debts +€4,937
up €4,937 (+241.5%), from €2,044 to €6,981
- Profit (loss) carried forward -€2,034
down €2,034 (-81.7%), from €2,488 to €455
- Financial income +€88,417
new in 2025: €88,417
of which Non-recurring financial income: +€87,136
- Taxes +€7,874
new in 2025: €7,874
- Gross operating margin -€2,566
down €2,566 (-39.7%), from -€6,466 to -€9,032
- Other operating charges +€315
up €315 (+369.7%), from €85 to €400
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 | €24,937 | €128,271 | +€103,334 | +414.4% |
| Current assets | 29/58 | €24,937 | €128,271 | +€103,334 | +414.4% |
| Amounts receivable after more than one year | 29 | €24,937 | €22,322 | -€2,615 | -10.5% |
| Other amounts receivable | 291 | €24,937 | €22,322 | -€2,615 | -10.5% |
| Amounts receivable within one year | 40/41 | - | €91,716 | +€91,716 | |
| Trade receivables | 40 | - | €4,580 | +€4,580 | |
| Other amounts receivable | 41 | - | €87,136 | +€87,136 | |
| Cash at bank and in hand | 54/58 | - | €14,232 | +€14,232 | |
| Total equity and liabilities | 10/49 | €24,937 | €128,271 | +€103,334 | +414.4% |
| Equity | 10/15 | €22,893 | €94,005 | +€71,111 | +310.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €75,000 | +€73,145 | +3943.1% |
| Non-distributable reserves | 130/1 | €1,855 | €0 | -€1,855 | -100.0% |
| Reserves not available under the articles | 1311 | €1,855 | €0 | -€1,855 | -100.0% |
| Distributable reserves | 133 | - | €75,000 | +€75,000 | |
| Profit (loss) carried forward | 14 | €2,488 | €455 | -€2,034 | -81.7% |
| Amounts payable | 17/49 | €2,044 | €34,266 | +€32,222 | +1576.5% |
| Amounts payable after more than one year | 17 | - | €14,000 | +€14,000 | |
| Financial debts | 170/4 | - | €14,000 | +€14,000 | |
| Amounts payable within one year | 42/48 | €2,044 | €20,266 | +€18,222 | +891.5% |
| Trade debts | 44 | €2,044 | €6,981 | +€4,937 | +241.5% |
| Suppliers | 440/4 | €2,044 | €6,981 | +€4,937 | +241.5% |
| Taxes, remuneration and social security | 45 | - | €13,286 | +€13,286 | |
| Taxes | 450/3 | - | €10,631 | +€10,631 | |
| Remuneration and social security | 454/9 | - | €2,655 | +€2,655 | |
| Other operating charges | 640/8 | €85 | €400 | +€315 | +369.7% |
| Gross operating margin | 9900 | -€6,466 | -€9,032 | -€2,566 | -39.7% |
| Operating profit (loss) | 9901 | -€6,551 | -€9,431 | -€2,881 | -44.0% |
| Financial income | 75/76B | - | €88,417 | +€88,417 | |
| Recurring financial income | 75 | - | €1,281 | +€1,281 | |
| Non-recurring financial income | 76B | - | €87,136 | +€87,136 | |
| Profit (loss) for the period before taxes | 9903 | -€6,551 | €78,985 | +€85,536 | |
| Income taxes | 67/77 | - | €7,874 | +€7,874 | |
| Profit (loss) for the period | 9904 | -€6,551 | €71,111 | +€77,662 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,551 | €71,111 | +€77,662 |
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 7 October 2026 via checked.be.