RECHTSKUNDIG WEEKBLAD: 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.
RECHTSKUNDIG WEEKBLAD
Largest movements
- Current investments +€99,640
up €99,640 (+8.7%), from €1.1m to €1.2m
- Cash +€63,791
up €63,791 (+179.7%), from €35,502 to €99,293
mainly Net result for the year (+€128,034) and Deferred charges and accrued income (+€29,590)
- Deferred charges and accrued income -€29,590
down €29,590 (-8.1%), from €365,809 to €336,219
- Reserves +€128,034
up €128,034 (+15.1%), from €847,109 to €975,143
- Gross operating margin -€103,921
down €103,921 (-42.4%), from €245,339 to €141,418
- Financial charges +€42,310
up €42,310, from -€40,202 to €2,108
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 | €1,581,066 | €1,711,011 | +€129,945 | +8.2% |
| Fixed assets | 21/28 | €28,404 | €24,039 | -€4,366 | -15.4% |
| Tangible fixed assets | 22/27 | €28,304 | €23,939 | -€4,366 | -15.4% |
| Land and buildings | 22 | €18,152 | €15,134 | -€3,018 | -16.6% |
| Plant, machinery and equipment | 23 | €5,750 | €5,750 | = | 0.0% |
| Furniture and vehicles | 24 | €4,402 | €3,055 | -€1,348 | -30.6% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €1,552,661 | €1,686,972 | +€134,311 | +8.7% |
| Amounts receivable within one year | 40/41 | €3,025 | €3,495 | +€470 | +15.5% |
| Other amounts receivable | 41 | €3,025 | €3,495 | +€470 | +15.5% |
| Current investments | 50/53 | €1,148,325 | €1,247,965 | +€99,640 | +8.7% |
| Cash at bank and in hand | 54/58 | €35,502 | €99,293 | +€63,791 | +179.7% |
| Deferred charges and accrued income | 490/1 | €365,809 | €336,219 | -€29,590 | -8.1% |
| Total equity and liabilities | 10/49 | €1,581,066 | €1,711,011 | +€129,945 | +8.2% |
| Equity | 10/15 | €1,561,903 | €1,689,937 | +€128,034 | +8.2% |
| Contributions | 10/11 | €714,794 | €714,794 | = | 0.0% |
| Capital | 10 | €714,794 | €714,794 | = | 0.0% |
| Reserves | 13 | €847,109 | €975,143 | +€128,034 | +15.1% |
| Amounts payable | 17/49 | €19,163 | €21,074 | +€1,911 | +10.0% |
| Amounts payable within one year | 42/48 | €19,163 | €21,074 | +€1,911 | +10.0% |
| Trade debts | 44 | €9,483 | €11,813 | +€2,330 | +24.6% |
| Suppliers | 440/4 | €9,483 | €11,813 | +€2,330 | +24.6% |
| Taxes, remuneration and social security | 45 | €9,680 | €9,261 | -€419 | -4.3% |
| Taxes | 450/3 | €9,680 | €9,261 | -€419 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,641 | €4,366 | -€2,276 | -34.3% |
| Other operating charges | 640/8 | €5,384 | €6,416 | +€1,031 | +19.2% |
| Gross operating margin | 9900 | €245,339 | €141,418 | -€103,921 | -42.4% |
| Operating profit (loss) | 9901 | €233,314 | €130,637 | -€102,677 | -44.0% |
| Financial income | 75/76B | €1,575 | €363 | -€1,212 | -77.0% |
| Recurring financial income | 75 | €1,575 | €363 | -€1,212 | -77.0% |
| Financial charges | 65/66B | -€40,202 | €2,108 | +€42,310 | |
| Recurring financial charges | 65 | -€40,202 | €2,108 | +€42,310 | |
| Profit (loss) for the period before taxes | 9903 | €275,090 | €128,891 | -€146,199 | -53.1% |
| Income taxes | 67/77 | €1,736 | €857 | -€878 | -50.6% |
| Profit (loss) for the period | 9904 | €273,355 | €128,034 | -€145,321 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €273,355 | €128,034 | -€145,321 | -53.2% |
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 2 October 2026 via checked.be.