PUURCENT: 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.
PUURCENT
Largest movements
- Tangible fixed assets +€24,169
up €24,169 (+14.6%), from €165,295 to €189,464
of which Furniture and vehicles: +€43,689
- Receivables within one year +€15,175
up €15,175 (+40.8%), from €37,229 to €52,405
of which Other amounts receivable: +€7,838
- Cash -€4,400
down €4,400 (-11.2%), from €39,431 to €35,032
mainly Investment in fixed assets (net) (-€49,800) and Contributions, distributions and other (-€45,283)
- Other debts +€41,710
up €41,710 (+272.1%), from €15,332 to €57,042
- Current portion of long-term debt -€14,390
no longer reported in 2025 (was €14,390)
- Trade debts +€11,735
up €11,735 (+25.7%), from €45,645 to €57,380
- Tax, wage and social debts -€8,480
down €8,480 (-21.8%), from €38,819 to €30,340
- Debts after one year +€6,300
up €6,300 (+9.3%), from €67,500 to €73,800
- Depreciation -€7,835
down €7,835 (-23.4%), from €33,466 to €25,631
- Taxes +€3,097
up €3,097 (+22.1%), from €14,028 to €17,125
- Gross operating margin +€1,493
up €1,493 (+1.5%), from €102,951 to €104,444
- Staff costs -€1,463
down €1,463 (-12.3%), from €11,909 to €10,446
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 | €346,080 | €383,055 | +€36,975 | +10.7% |
| Fixed assets | 21/28 | €165,295 | €189,464 | +€24,169 | +14.6% |
| Tangible fixed assets | 22/27 | €165,295 | €189,464 | +€24,169 | +14.6% |
| Land and buildings | 22 | €154,730 | €138,655 | -€16,075 | -10.4% |
| Plant, machinery and equipment | 23 | €7,883 | €6,021 | -€1,862 | -23.6% |
| Furniture and vehicles | 24 | €1,100 | €44,788 | +€43,689 | +3972.9% |
| Other tangible fixed assets | 26 | €1,582 | - | -€1,582 | |
| Current assets | 29/58 | €180,786 | €193,591 | +€12,806 | +7.1% |
| Stocks and contracts in progress | 3 | €103,900 | €105,400 | +€1,500 | +1.4% |
| Stocks | 30/36 | €103,900 | €105,400 | +€1,500 | +1.4% |
| Amounts receivable within one year | 40/41 | €37,229 | €52,405 | +€15,175 | +40.8% |
| Trade receivables | 40 | €19,414 | €26,751 | +€7,337 | +37.8% |
| Other amounts receivable | 41 | €17,815 | €25,654 | +€7,838 | +44.0% |
| Cash at bank and in hand | 54/58 | €39,431 | €35,032 | -€4,400 | -11.2% |
| Deferred charges and accrued income | 490/1 | €225 | €755 | +€530 | +235.6% |
| Total equity and liabilities | 10/49 | €346,080 | €383,055 | +€36,975 | +10.7% |
| Equity | 10/15 | €164,394 | €161,160 | -€3,234 | -2.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €144,394 | €141,160 | -€3,234 | -2.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €142,394 | €139,160 | -€3,234 | -2.3% |
| Amounts payable | 17/49 | €181,687 | €221,895 | +€40,209 | +22.1% |
| Amounts payable after more than one year | 17 | €67,500 | €73,800 | +€6,300 | +9.3% |
| Financial debts | 170/4 | €67,500 | €73,800 | +€6,300 | +9.3% |
| Amounts payable within one year | 42/48 | €114,187 | €148,095 | +€33,909 | +29.7% |
| Current portion of amounts payable after more than one year | 42 | €14,390 | - | -€14,390 | |
| Financial debts | 43 | - | €3,333 | +€3,333 | |
| Credit institutions | 430/8 | - | €3,333 | +€3,333 | |
| Trade debts | 44 | €45,645 | €57,380 | +€11,735 | +25.7% |
| Suppliers | 440/4 | €45,645 | €57,380 | +€11,735 | +25.7% |
| Taxes, remuneration and social security | 45 | €38,819 | €30,340 | -€8,480 | -21.8% |
| Taxes | 450/3 | €38,819 | €30,340 | -€8,480 | -21.8% |
| Other amounts payable | 47/48 | €15,332 | €57,042 | +€41,710 | +272.1% |
| Remuneration, social security and pensions | 62 | €11,909 | €10,446 | -€1,463 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,466 | €25,631 | -€7,835 | -23.4% |
| Other operating charges | 640/8 | €6,374 | €5,876 | -€498 | -7.8% |
| Gross operating margin | 9900 | €102,951 | €104,444 | +€1,493 | +1.5% |
| Operating profit (loss) | 9901 | €51,202 | €62,491 | +€11,289 | +22.0% |
| Financial income | 75/76B | €1,740 | €923 | -€817 | -47.0% |
| Recurring financial income | 75 | €1,740 | €923 | -€817 | -47.0% |
| Financial charges | 65/66B | €4,525 | €4,240 | -€285 | -6.3% |
| Recurring financial charges | 65 | €4,525 | €4,240 | -€285 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €48,417 | €59,174 | +€10,757 | +22.2% |
| Income taxes | 67/77 | €14,028 | €17,125 | +€3,097 | +22.1% |
| Profit (loss) for the period | 9904 | €34,389 | €42,049 | +€7,660 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,389 | €42,049 | +€7,660 | +22.3% |
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.