PUB EVENTS: 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.
PUB EVENTS
Largest movements
- Tangible fixed assets +€42,982
up €42,982 (+642%), from €6,699 to €49,682
of which Land and buildings: +€24,716
- Receivables within one year +€7,813
up €7,813 (+13.9%), from €56,053 to €63,865
of which Trade receivables: +€10,297
- Cash -€7,754
down €7,754 (-97.7%), from €7,935 to €181
mainly Investment in fixed assets (net) (-€49,513) and Tax, wage and social debts (-€8,828)
- Other debts +€24,944
up €24,944 (+85.9%), from €29,023 to €53,967
- Advances received +€14,301
new in 2025: €14,301
- Tax, wage and social debts -€8,828
down €8,828 (-53.2%), from €16,595 to €7,767
of which Taxes: -€4,567
- Profit (loss) carried forward +€8,335
up €8,335 (+194%), from €4,291 to €12,625
- Trade debts +€4,924
up €4,924 (+65.0%), from €7,579 to €12,503
- Staff costs -€15,774
down €15,774 (-47.1%), from €33,472 to €17,698
- Gross operating margin -€8,656
down €8,656 (-19.9%), from €43,423 to €34,767
- Financial income -€3,090
no longer reported in 2025 (was €3,090)
- Depreciation +€2,284
up €2,284 (+53.8%), from €4,246 to €6,530
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 | €76,089 | €119,764 | +€43,675 | +57.4% |
| Fixed assets | 21/28 | €6,699 | €49,682 | +€42,982 | +642% |
| Tangible fixed assets | 22/27 | €6,699 | €49,682 | +€42,982 | +642% |
| Land and buildings | 22 | - | €24,716 | +€24,716 | |
| Plant, machinery and equipment | 23 | €3,257 | €20,942 | +€17,685 | +543% |
| Furniture and vehicles | 24 | €3,442 | €4,023 | +€582 | +16.9% |
| Current assets | 29/58 | €69,390 | €70,082 | +€693 | +1.0% |
| Stocks and contracts in progress | 3 | €3,654 | €3,644 | -€10 | -0.3% |
| Stocks | 30/36 | €3,654 | €3,644 | -€10 | -0.3% |
| Amounts receivable within one year | 40/41 | €56,053 | €63,865 | +€7,813 | +13.9% |
| Trade receivables | 40 | €35,744 | €46,042 | +€10,297 | +28.8% |
| Other amounts receivable | 41 | €20,308 | €17,824 | -€2,484 | -12.2% |
| Cash at bank and in hand | 54/58 | €7,935 | €181 | -€7,754 | -97.7% |
| Deferred charges and accrued income | 490/1 | €1,748 | €2,392 | +€644 | +36.8% |
| Total equity and liabilities | 10/49 | €76,089 | €119,764 | +€43,675 | +57.4% |
| Equity | 10/15 | €22,891 | €31,225 | +€8,335 | +36.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,291 | €12,625 | +€8,335 | +194% |
| Amounts payable | 17/49 | €53,198 | €88,539 | +€35,341 | +66.4% |
| Amounts payable within one year | 42/48 | €53,198 | €88,539 | +€35,341 | +66.4% |
| Trade debts | 44 | €7,579 | €12,503 | +€4,924 | +65.0% |
| Suppliers | 440/4 | €7,579 | €12,503 | +€4,924 | +65.0% |
| Advances received on contracts in progress | 46 | - | €14,301 | +€14,301 | |
| Taxes, remuneration and social security | 45 | €16,595 | €7,767 | -€8,828 | -53.2% |
| Taxes | 450/3 | €10,528 | €5,961 | -€4,567 | -43.4% |
| Remuneration and social security | 454/9 | €6,068 | €1,806 | -€4,261 | -70.2% |
| Other amounts payable | 47/48 | €29,023 | €53,967 | +€24,944 | +85.9% |
| Remuneration, social security and pensions | 62 | €33,472 | €17,698 | -€15,774 | -47.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,246 | €6,530 | +€2,284 | +53.8% |
| Other operating charges | 640/8 | €703 | €526 | -€178 | -25.3% |
| Non-recurring operating charges | 66A | - | €9 | +€9 | |
| Gross operating margin | 9900 | €43,423 | €34,767 | -€8,656 | -19.9% |
| Operating profit (loss) | 9901 | €5,002 | €10,004 | +€5,002 | +100% |
| Financial income | 75/76B | €3,090 | - | -€3,090 | |
| Recurring financial income | 75 | €3,090 | - | -€3,090 | |
| Financial charges | 65/66B | €241 | €215 | -€26 | -10.7% |
| Recurring financial charges | 65 | €241 | €215 | -€26 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €7,851 | €9,789 | +€1,938 | +24.7% |
| Income taxes | 67/77 | €1,810 | €1,454 | -€356 | -19.7% |
| Profit (loss) for the period | 9904 | €6,040 | €8,335 | +€2,294 | +38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,040 | €8,335 | +€2,294 | +38.0% |
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 24 October 2026 via checked.be.