RES-B: 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.
RES-B
Largest movements
- Tangible fixed assets -€12,177
down €12,177 (-6.5%), from €186,176 to €173,999
- Profit (loss) carried forward -€8,510
down €8,510 (-21.3%), from -€39,986 to -€48,496
- Other debts -€3,147
down €3,147 (-22.3%), from €14,089 to €10,943
- Financial charges -€622
down €622 (-45.7%), from €1,361 to €738
- Gross operating margin +€269
up €269 (+3.9%), from €6,894 to €7,163
- Other operating charges +€84
up €84 (+3.1%), from €2,673 to €2,757
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 | €190,867 | €179,295 | -€11,572 | -6.1% |
| Fixed assets | 21/28 | €186,176 | €173,999 | -€12,177 | -6.5% |
| Tangible fixed assets | 22/27 | €186,176 | €173,999 | -€12,177 | -6.5% |
| Land and buildings | 22 | €186,176 | €173,999 | -€12,177 | -6.5% |
| Current assets | 29/58 | €4,691 | €5,297 | +€605 | +12.9% |
| Amounts receivable within one year | 40/41 | €381 | - | -€381 | |
| Trade receivables | 40 | €381 | - | -€381 | |
| Current investments | 50/53 | €2,403 | €2,403 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,907 | €2,893 | +€986 | +51.7% |
| Total equity and liabilities | 10/49 | €190,867 | €179,295 | -€11,572 | -6.1% |
| Equity | 10/15 | €176,463 | €167,953 | -€8,510 | -4.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €196,449 | €196,449 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,900 | €11,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,900 | €11,900 | = | 0.0% |
| Distributable reserves | 133 | €184,549 | €184,549 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,986 | -€48,496 | -€8,510 | -21.3% |
| Amounts payable | 17/49 | €14,404 | €11,342 | -€3,062 | -21.3% |
| Amounts payable within one year | 42/48 | €14,404 | €11,342 | -€3,062 | -21.3% |
| Trade debts | 44 | €315 | €399 | +€84 | +26.8% |
| Suppliers | 440/4 | €315 | €399 | +€84 | +26.8% |
| Other amounts payable | 47/48 | €14,089 | €10,943 | -€3,147 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,177 | €12,177 | = | 0.0% |
| Other operating charges | 640/8 | €2,673 | €2,757 | +€84 | +3.1% |
| Gross operating margin | 9900 | €6,894 | €7,163 | +€269 | +3.9% |
| Operating profit (loss) | 9901 | -€7,957 | -€7,771 | +€185 | +2.3% |
| Financial charges | 65/66B | €1,361 | €738 | -€622 | -45.7% |
| Recurring financial charges | 65 | €1,361 | €738 | -€622 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,317 | -€8,510 | +€808 | +8.7% |
| Profit (loss) for the period | 9904 | -€9,317 | -€8,510 | +€808 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,317 | -€8,510 | +€808 | +8.7% |
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.