RESET: 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.
RESET
Largest movements
- Tangible fixed assets +€49,630
up €49,630 (+100.1%), from €49,584 to €99,214
of which Furniture and vehicles: +€71,909
- Receivables within one year +€29,592
up €29,592 (+70.0%), from €42,260 to €71,852
of which Other amounts receivable: +€15,889
- Cash -€29,240
down €29,240 (-29.4%), from €99,435 to €70,195
mainly Contributions, distributions and other (-€146,000) and Investment in fixed assets (net) (-€77,449)
- Other debts +€57,945
up €57,945 (+37.6%), from €154,130 to €212,076
- Tax, wage and social debts -€12,627
down €12,627 (-50.5%), from €25,001 to €12,374
- Gross operating margin +€100,698
up €100,698 (+63.4%), from €158,884 to €259,582
- Other operating charges +€14,915
up €14,915 (+52.5%), from €28,397 to €43,312
- Taxes +€11,985
up €11,985 (+43.0%), from €27,877 to €39,863
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 | €193,620 | €242,478 | +€48,858 | +25.2% |
| Fixed assets | 21/28 | €49,584 | €99,214 | +€49,630 | +100.1% |
| Tangible fixed assets | 22/27 | €49,584 | €99,214 | +€49,630 | +100.1% |
| Land and buildings | 22 | €19,448 | €11,489 | -€7,959 | -40.9% |
| Plant, machinery and equipment | 23 | €29,921 | €15,600 | -€14,321 | -47.9% |
| Furniture and vehicles | 24 | €216 | €72,125 | +€71,909 | +33367.0% |
| Current assets | 29/58 | €144,035 | €143,264 | -€772 | -0.5% |
| Stocks and contracts in progress | 3 | €2,341 | €1,217 | -€1,124 | -48.0% |
| Stocks | 30/36 | €2,341 | €1,217 | -€1,124 | -48.0% |
| Amounts receivable within one year | 40/41 | €42,260 | €71,852 | +€29,592 | +70.0% |
| Trade receivables | 40 | €42,012 | €55,715 | +€13,703 | +32.6% |
| Other amounts receivable | 41 | €248 | €16,137 | +€15,889 | +6407.0% |
| Cash at bank and in hand | 54/58 | €99,435 | €70,195 | -€29,240 | -29.4% |
| Total equity and liabilities | 10/49 | €193,620 | €242,478 | +€48,858 | +25.2% |
| Equity | 10/15 | €5,867 | €7,481 | +€1,614 | +27.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €867 | €2,481 | +€1,614 | +186.1% |
| Distributable reserves | 133 | €867 | €2,481 | +€1,614 | +186.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €187,752 | €234,996 | +€47,244 | +25.2% |
| Amounts payable within one year | 42/48 | €187,752 | €234,996 | +€47,244 | +25.2% |
| Financial debts | 43 | - | €299 | +€299 | |
| Credit institutions | 430/8 | - | €299 | +€299 | |
| Trade debts | 44 | €8,621 | €10,247 | +€1,626 | +18.9% |
| Suppliers | 440/4 | €8,621 | €10,247 | +€1,626 | +18.9% |
| Taxes, remuneration and social security | 45 | €25,001 | €12,374 | -€12,627 | -50.5% |
| Taxes | 450/3 | €25,001 | €12,374 | -€12,627 | -50.5% |
| Other amounts payable | 47/48 | €154,130 | €212,076 | +€57,945 | +37.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,449 | €27,819 | +€370 | +1.3% |
| Other operating charges | 640/8 | €28,397 | €43,312 | +€14,915 | +52.5% |
| Gross operating margin | 9900 | €158,884 | €259,582 | +€100,698 | +63.4% |
| Operating profit (loss) | 9901 | €103,038 | €188,451 | +€85,413 | +82.9% |
| Financial income | 75/76B | €3 | €35 | +€32 | +1075.9% |
| Recurring financial income | 75 | €3 | €35 | +€32 | +1075.9% |
| Financial charges | 65/66B | €189 | €1,009 | +€820 | +434.1% |
| Recurring financial charges | 65 | €189 | €1,009 | +€820 | +434.1% |
| Profit (loss) for the period before taxes | 9903 | €102,852 | €187,477 | +€84,625 | +82.3% |
| Income taxes | 67/77 | €27,877 | €39,863 | +€11,985 | +43.0% |
| Profit (loss) for the period | 9904 | €74,975 | €147,614 | +€72,639 | +96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €74,975 | €147,614 | +€72,639 | +96.9% |
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 5 October 2026 via checked.be.