REAL FILMS: 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.
REAL FILMS
Largest movements
- Cash -€241,083
down €241,083 (-35.7%), from €675,830 to €434,747
mainly Other debts (-€215,038) and Receivables within one year (-€109,186)
- Receivables within one year +€109,186
up €109,186 (+240%), from €45,455 to €154,641
of which Other amounts receivable: +€89,212
- Tangible fixed assets -€13,858
down €13,858 (-23.4%), from €59,106 to €45,248
- Other debts -€215,038
no longer reported in 2025 (was €215,038)
- Profit (loss) carried forward +€134,777
up €134,777 (+32.2%), from €417,956 to €552,733
- Tax, wage and social debts -€72,961
down €72,961 (-67.6%), from €107,946 to €34,985
- Trade debts +€8,036
new in 2025: €8,036
- Depreciation +€11,127
up €11,127 (+225%), from €4,952 to €16,079
- Taxes -€8,187
down €8,187 (-16.4%), from €50,013 to €41,826
- Other operating charges +€8,119
up €8,119 (+788%), from €1,030 to €9,149
- Gross operating margin +€3,774
up €3,774 (+1.9%), from €194,627 to €198,401
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 | €783,325 | €637,631 | -€145,694 | -18.6% |
| Fixed assets | 21/28 | €60,956 | €47,098 | -€13,858 | -22.7% |
| Tangible fixed assets | 22/27 | €59,106 | €45,248 | -€13,858 | -23.4% |
| Furniture and vehicles | 24 | €59,106 | €45,248 | -€13,858 | -23.4% |
| Financial fixed assets | 28 | €1,850 | €1,850 | = | 0.0% |
| Current assets | 29/58 | €722,368 | €590,533 | -€131,835 | -18.3% |
| Amounts receivable within one year | 40/41 | €45,455 | €154,641 | +€109,186 | +240% |
| Trade receivables | 40 | €41,910 | €61,885 | +€19,974 | +47.7% |
| Other amounts receivable | 41 | €3,545 | €92,756 | +€89,212 | +2,517% |
| Cash at bank and in hand | 54/58 | €675,830 | €434,747 | -€241,083 | -35.7% |
| Deferred charges and accrued income | 490/1 | €1,083 | €1,145 | +€62 | +5.7% |
| Total equity and liabilities | 10/49 | €783,325 | €637,631 | -€145,694 | -18.6% |
| Equity | 10/15 | €418,056 | €552,833 | +€134,777 | +32.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €417,956 | €552,733 | +€134,777 | +32.2% |
| Amounts payable | 17/49 | €365,269 | €84,798 | -€280,471 | -76.8% |
| Amounts payable within one year | 42/48 | €364,643 | €84,798 | -€279,845 | -76.7% |
| Current portion of amounts payable after more than one year | 42 | €41,659 | €41,777 | +€118 | +0.3% |
| Trade debts | 44 | - | €8,036 | +€8,036 | |
| Suppliers | 440/4 | - | €8,036 | +€8,036 | |
| Taxes, remuneration and social security | 45 | €107,946 | €34,985 | -€72,961 | -67.6% |
| Taxes | 450/3 | €107,946 | €34,985 | -€72,961 | -67.6% |
| Other amounts payable | 47/48 | €215,038 | - | -€215,038 | |
| Accrued charges and deferred income | 492/3 | €626 | - | -€626 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,952 | €16,079 | +€11,127 | +225% |
| Other operating charges | 640/8 | €1,030 | €9,149 | +€8,119 | +788% |
| Gross operating margin | 9900 | €194,627 | €198,401 | +€3,774 | +1.9% |
| Operating profit (loss) | 9901 | €188,645 | €173,173 | -€15,472 | -8.2% |
| Financial income | 75/76B | €6,540 | €6,681 | +€140 | +2.1% |
| Recurring financial income | 75 | €6,540 | €6,681 | +€140 | +2.1% |
| Financial charges | 65/66B | €1,377 | €3,251 | +€1,874 | +136% |
| Recurring financial charges | 65 | €1,377 | €3,251 | +€1,874 | +136% |
| Profit (loss) for the period before taxes | 9903 | €193,808 | €176,603 | -€17,205 | -8.9% |
| Income taxes | 67/77 | €50,013 | €41,826 | -€8,187 | -16.4% |
| Profit (loss) for the period | 9904 | €143,795 | €134,777 | -€9,018 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €143,795 | €134,777 | -€9,018 | -6.3% |
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 30 October 2026 via checked.be.