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 -€70,676
down €70,676 (-3.7%), from €1.9m to €1.8m
of which Land and buildings: -€58,238
- Current portion of long-term debt -€159,553
down €159,553 (-65.7%), from €242,938 to €83,385
- Debts after one year +€54,192
up €54,192 (+16.8%), from €322,682 to €376,874
- Trade debts +€30,258
up €30,258 (+719.0%), from €4,208 to €34,467
- Reserves +€30,150
up €30,150 (+15.4%), from €196,200 to €226,350
of which Distributable reserves: +€30,150
- Revaluation surpluses -€28,221
down €28,221 (-3.2%), from €884,258 to €856,037
- Gross operating margin -€13,661
down €13,661 (-9.9%), from €138,024 to €124,363
- Other operating charges +€12,227
up €12,227 (+106.9%), from €11,441 to €23,669
- Financial charges -€7,381
down €7,381 (-35.4%), from €20,839 to €13,458
- Taxes -€4,186
down €4,186 (-29.3%), from €14,264 to €10,079
- Financial income +€2,392
up €2,392 (+11962000.0%), from €0 to €2,392
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 | €2,017,268 | €1,949,558 | -€67,710 | -3.4% |
| Fixed assets | 21/28 | €1,919,813 | €1,849,137 | -€70,676 | -3.7% |
| Tangible fixed assets | 22/27 | €1,919,813 | €1,849,137 | -€70,676 | -3.7% |
| Land and buildings | 22 | €1,778,476 | €1,720,238 | -€58,238 | -3.3% |
| Plant, machinery and equipment | 23 | €141,337 | €128,899 | -€12,438 | -8.8% |
| Current assets | 29/58 | €97,455 | €100,421 | +€2,966 | +3.0% |
| Amounts receivable within one year | 40/41 | €27,678 | €14,716 | -€12,962 | -46.8% |
| Trade receivables | 40 | €27,656 | €14,716 | -€12,940 | -46.8% |
| Other amounts receivable | 41 | €22 | €0 | -€22 | -100.0% |
| Cash at bank and in hand | 54/58 | €69,138 | €84,773 | +€15,634 | +22.6% |
| Deferred charges and accrued income | 490/1 | €639 | €933 | +€294 | +46.0% |
| Total equity and liabilities | 10/49 | €2,017,268 | €1,949,558 | -€67,710 | -3.4% |
| Equity | 10/15 | €1,440,458 | €1,442,388 | +€1,929 | +0.1% |
| Contributions | 10/11 | €360,000 | €360,000 | = | 0.0% |
| Revaluation surpluses | 12 | €884,258 | €856,037 | -€28,221 | -3.2% |
| Reserves | 13 | €196,200 | €226,350 | +€30,150 | +15.4% |
| Non-distributable reserves | 130/1 | €9,360 | €9,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,360 | €9,360 | = | 0.0% |
| Distributable reserves | 133 | €186,840 | €216,990 | +€30,150 | +16.1% |
| Amounts payable | 17/49 | €576,810 | €507,171 | -€69,639 | -12.1% |
| Amounts payable after more than one year | 17 | €322,682 | €376,874 | +€54,192 | +16.8% |
| Financial debts | 170/4 | €322,682 | €376,874 | +€54,192 | +16.8% |
| Amounts payable within one year | 42/48 | €253,625 | €121,608 | -€132,016 | -52.1% |
| Current portion of amounts payable after more than one year | 42 | €242,938 | €83,385 | -€159,553 | -65.7% |
| Trade debts | 44 | €4,208 | €34,467 | +€30,258 | +719.0% |
| Suppliers | 440/4 | €4,208 | €34,467 | +€30,258 | +719.0% |
| Taxes, remuneration and social security | 45 | €6,176 | €3,198 | -€2,977 | -48.2% |
| Taxes | 450/3 | €6,176 | €3,198 | -€2,977 | -48.2% |
| Other amounts payable | 47/48 | €303 | €558 | +€255 | +84.3% |
| Accrued charges and deferred income | 492/3 | €503 | €8,689 | +€8,186 | +1627.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,593 | €77,620 | +€27 | 0.0% |
| Other operating charges | 640/8 | €11,441 | €23,669 | +€12,227 | +106.9% |
| Gross operating margin | 9900 | €138,024 | €124,363 | -€13,661 | -9.9% |
| Operating profit (loss) | 9901 | €48,989 | €23,074 | -€25,915 | -52.9% |
| Financial income | 75/76B | €0 | €2,392 | +€2,392 | +11962000.0% |
| Recurring financial income | 75 | €0 | €2,392 | +€2,392 | +11962000.0% |
| Financial charges | 65/66B | €20,839 | €13,458 | -€7,381 | -35.4% |
| Recurring financial charges | 65 | €20,839 | €13,458 | -€7,381 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €28,150 | €12,008 | -€16,142 | -57.3% |
| Income taxes | 67/77 | €14,264 | €10,079 | -€4,186 | -29.3% |
| Profit (loss) for the period | 9904 | €13,885 | €1,929 | -€11,956 | -86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,885 | €1,929 | -€11,956 | -86.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.