PROFESSIONALS@BUSINESS: 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.
PROFESSIONALS@BUSINESS
Largest movements
- Cash -€69,309
down €69,309 (-92.7%), from €74,768 to €5,459
mainly Investment in fixed assets (net) (-€49,033) and Net result for the year (-€8,874)
- Tangible fixed assets +€49,033
up €49,033 (+7.0%), from €704,904 to €753,937
- Profit (loss) carried forward -€8,874
down €8,874 (-77.0%), from €11,518 to €2,643
- Debts after one year -€8,568
down €8,568 (-1.7%), from €505,713 to €497,145
- Financial charges +€12,524
up €12,524 (+2,033%), from €616 to €13,139
- Gross operating margin +€7,058
up €7,058, from -€2,793 to €4,265
- Other operating charges -€449
no longer reported in 2025 (was €449)
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.
Derived cash bridge
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 | €817,866 | €795,934 | -€21,932 | -2.7% |
| Formation expenses | 20 | €2,500 | €2,500 | = | 0.0% |
| Fixed assets | 21/28 | €704,904 | €753,937 | +€49,033 | +7.0% |
| Tangible fixed assets | 22/27 | €704,904 | €753,937 | +€49,033 | +7.0% |
| Assets under construction and advance payments | 27 | €704,904 | €753,937 | +€49,033 | +7.0% |
| Current assets | 29/58 | €110,462 | €39,497 | -€70,965 | -64.2% |
| Amounts receivable within one year | 40/41 | €35,694 | €33,601 | -€2,093 | -5.9% |
| Trade receivables | 40 | - | €2,932 | +€2,932 | |
| Other amounts receivable | 41 | €35,694 | €30,669 | -€5,025 | -14.1% |
| Cash at bank and in hand | 54/58 | €74,768 | €5,459 | -€69,309 | -92.7% |
| Deferred charges and accrued income | 490/1 | - | €437 | +€437 | |
| Total equity and liabilities | 10/49 | €817,866 | €795,934 | -€21,932 | -2.7% |
| Equity | 10/15 | €136,518 | €127,643 | -€8,874 | -6.5% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,518 | €2,643 | -€8,874 | -77.0% |
| Amounts payable | 17/49 | €681,348 | €668,291 | -€13,057 | -1.9% |
| Amounts payable after more than one year | 17 | €505,713 | €497,145 | -€8,568 | -1.7% |
| Financial debts | 170/4 | €505,713 | €497,145 | -€8,568 | -1.7% |
| Amounts payable within one year | 42/48 | €175,362 | €171,146 | -€4,216 | -2.4% |
| Trade debts | 44 | €175,362 | €171,146 | -€4,216 | -2.4% |
| Suppliers | 440/4 | €175,362 | €171,146 | -€4,216 | -2.4% |
| Accrued charges and deferred income | 492/3 | €273 | - | -€273 | |
| Other operating charges | 640/8 | €449 | - | -€449 | |
| Gross operating margin | 9900 | -€2,793 | €4,265 | +€7,058 | |
| Operating profit (loss) | 9901 | -€3,242 | €4,265 | +€7,507 | |
| Financial charges | 65/66B | €616 | €13,139 | +€12,524 | +2,033% |
| Recurring financial charges | 65 | €616 | €13,139 | +€12,524 | +2,033% |
| Profit (loss) for the period before taxes | 9903 | -€3,858 | -€8,874 | -€5,016 | -130% |
| Profit (loss) for the period | 9904 | -€3,858 | -€8,874 | -€5,016 | -130% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,858 | -€8,874 | -€5,016 | -130% |
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 20 October 2026 via checked.be.