PUBLI - TOUCH: 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.
PUBLI - TOUCH
Largest movements
- Tangible fixed assets -€44,274
down €44,274 (-5.3%), from €840,080 to €795,806
of which Land and buildings: -€33,044
- Intangible fixed assets -€32,694
down €32,694 (-88.3%), from €37,027 to €4,333
- Receivables within one year -€19,899
down €19,899 (-16.2%), from €122,542 to €102,643
of which Trade receivables: -€19,925
- Contributions +€200,000
up €200,000 (+100.0%), from €200,000 to €400,000
- Current portion of long-term debt -€185,395
down €185,395 (-80.4%), from €230,528 to €45,133
- Profit (loss) carried forward -€123,895
down €123,895 (-34.5%), from -€359,038 to -€482,934
- Debts after one year +€62,297
up €62,297 (+22.2%), from €281,095 to €343,392
- Other debts -€41,624
down €41,624 (-31.1%), from €133,693 to €92,069
- Gross operating margin +€49,331
up €49,331 (+24.0%), from €205,339 to €254,670
- Staff costs +€45,693
up €45,693 (+19.3%), from €237,320 to €283,013
- Depreciation -€19,640
down €19,640 (-18.6%), from €105,771 to €86,131
- Financial charges +€9,526
up €9,526 (+43.4%), from €21,939 to €31,465
- Other operating charges +€7,703
up €7,703 (+163.3%), from €4,717 to €12,419
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 | €1,025,586 | €923,571 | -€102,015 | -9.9% |
| Fixed assets | 21/28 | €877,107 | €800,139 | -€76,968 | -8.8% |
| Intangible fixed assets | 21 | €37,027 | €4,333 | -€32,694 | -88.3% |
| Tangible fixed assets | 22/27 | €840,080 | €795,806 | -€44,274 | -5.3% |
| Land and buildings | 22 | €757,788 | €724,744 | -€33,044 | -4.4% |
| Plant, machinery and equipment | 23 | €54,637 | €43,756 | -€10,881 | -19.9% |
| Furniture and vehicles | 24 | €27,655 | €27,306 | -€349 | -1.3% |
| Current assets | 29/58 | €148,479 | €123,433 | -€25,047 | -16.9% |
| Amounts receivable within one year | 40/41 | €122,542 | €102,643 | -€19,899 | -16.2% |
| Trade receivables | 40 | €122,495 | €102,570 | -€19,925 | -16.3% |
| Other amounts receivable | 41 | €47 | €73 | +€25 | +54.2% |
| Cash at bank and in hand | 54/58 | €14,423 | €9,739 | -€4,684 | -32.5% |
| Deferred charges and accrued income | 490/1 | €11,515 | €11,051 | -€464 | -4.0% |
| Total equity and liabilities | 10/49 | €1,025,586 | €923,571 | -€102,015 | -9.9% |
| Equity | 10/15 | €139,387 | €207,695 | +€68,308 | +49.0% |
| Contributions | 10/11 | €200,000 | €400,000 | +€200,000 | +100.0% |
| Reserves | 13 | €298,426 | €290,629 | -€7,797 | -2.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €187,126 | €179,329 | -€7,797 | -4.2% |
| Distributable reserves | 133 | €111,300 | €111,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€359,038 | -€482,934 | -€123,895 | -34.5% |
| Provisions and deferred taxes | 16 | €96,355 | €92,340 | -€4,015 | -4.2% |
| Deferred taxes | 168 | €96,355 | €92,340 | -€4,015 | -4.2% |
| Amounts payable | 17/49 | €789,844 | €623,536 | -€166,308 | -21.1% |
| Amounts payable after more than one year | 17 | €281,095 | €343,392 | +€62,297 | +22.2% |
| Financial debts | 170/4 | €281,095 | €343,392 | +€62,297 | +22.2% |
| Amounts payable within one year | 42/48 | €508,749 | €280,144 | -€228,605 | -44.9% |
| Current portion of amounts payable after more than one year | 42 | €230,528 | €45,133 | -€185,395 | -80.4% |
| Financial debts | 43 | €19,605 | €9,870 | -€9,735 | -49.7% |
| Credit institutions | 430/8 | €19,605 | €9,870 | -€9,735 | -49.7% |
| Trade debts | 44 | €37,086 | €57,197 | +€20,111 | +54.2% |
| Suppliers | 440/4 | €37,086 | €57,197 | +€20,111 | +54.2% |
| Taxes, remuneration and social security | 45 | €87,835 | €75,875 | -€11,961 | -13.6% |
| Taxes | 450/3 | €29,608 | €22,128 | -€7,480 | -25.3% |
| Remuneration and social security | 454/9 | €58,228 | €53,747 | -€4,481 | -7.7% |
| Other amounts payable | 47/48 | €133,693 | €92,069 | -€41,624 | -31.1% |
| Remuneration, social security and pensions | 62 | €237,320 | €283,013 | +€45,693 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,771 | €86,131 | -€19,640 | -18.6% |
| Other operating charges | 640/8 | €4,717 | €12,419 | +€7,703 | +163.3% |
| Gross operating margin | 9900 | €205,339 | €254,670 | +€49,331 | +24.0% |
| Operating profit (loss) | 9901 | -€142,469 | -€126,893 | +€15,576 | +10.9% |
| Financial income | 75/76B | €18,111 | €23,452 | +€5,342 | +29.5% |
| Recurring financial income | 75 | €18,111 | €23,452 | +€5,342 | +29.5% |
| Financial charges | 65/66B | €21,939 | €31,465 | +€9,526 | +43.4% |
| Recurring financial charges | 65 | €21,939 | €31,465 | +€9,526 | +43.4% |
| Profit (loss) for the period before taxes | 9903 | -€146,298 | -€134,906 | +€11,392 | +7.8% |
| Transfer from deferred taxes | 780 | €4,015 | €4,015 | = | 0.0% |
| Income taxes | 67/77 | €834 | €801 | -€33 | -4.0% |
| Profit (loss) for the period | 9904 | -€143,117 | -€131,692 | +€11,425 | +8.0% |
| Transfer from tax-exempt reserves | 789 | €7,797 | €7,797 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€135,320 | -€123,895 | +€11,425 | +8.4% |
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 12 October 2026 via checked.be.