RESULTACT: what changed
RESULTACT
Largest movements
- Tangible fixed assets -€21,678
down €21,678 (-26.0%), from €83,510 to €61,832
of which Other tangible fixed assets: -€12,936
- Receivables within one year +€7,607
up €7,607 (+44.2%), from €17,198 to €24,805
- Cash -€4,538
down €4,538 (-6.9%), from €65,708 to €61,171
mainly Debts after one year (-€19,872) and Contributions, distributions and other (-€12,913)
- Debts after one year -€19,872
down €19,872 (-19.9%), from €99,994 to €80,122
- Reserves -€12,913
down €12,913 (-19.4%), from €66,575 to €53,662
- Tax, wage and social debts +€6,327
up €6,327 (+246%), from €2,567 to €8,894
of which Taxes: +€4,527
- Other debts +€4,316
up €4,316 (+327%), from €1,319 to €5,636
- Profit (loss) carried forward +€2,062
up €2,062 (+5.0%), from -€41,397 to -€39,335
- Gross operating margin -€33,610
down €33,610 (-45.9%), from €73,242 to €39,632
- Taxes -€2,398
down €2,398 (-35.2%), from €6,808 to €4,410
- Financial charges +€1,138
up €1,138 (+17.5%), from €6,492 to €7,629
of which Non-recurring financial charges: +€2,353
- Other operating charges +€1,134
up €1,134 (+47.7%), from €2,375 to €3,509
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €169,364 | €149,208 | -€20,156 | -11.9% |
| Fixed assets | 21/28 | €83,510 | €61,832 | -€21,678 | -26.0% |
| Tangible fixed assets | 22/27 | €83,510 | €61,832 | -€21,678 | -26.0% |
| Land and buildings | 22 | €30,816 | €23,629 | -€7,187 | -23.3% |
| Plant, machinery and equipment | 23 | €3,232 | €2,158 | -€1,074 | -33.2% |
| Furniture and vehicles | 24 | €2,031 | €1,549 | -€482 | -23.7% |
| Other tangible fixed assets | 26 | €47,432 | €34,496 | -€12,936 | -27.3% |
| Current assets | 29/58 | €85,854 | €87,375 | +€1,522 | +1.8% |
| Amounts receivable within one year | 40/41 | €17,198 | €24,805 | +€7,607 | +44.2% |
| Trade receivables | 40 | €17,198 | €24,805 | +€7,607 | +44.2% |
| Cash at bank and in hand | 54/58 | €65,708 | €61,171 | -€4,538 | -6.9% |
| Deferred charges and accrued income | 490/1 | €2,947 | €1,400 | -€1,547 | -52.5% |
| Total equity and liabilities | 10/49 | €169,364 | €149,208 | -€20,156 | -11.9% |
| Equity | 10/15 | €37,578 | €26,727 | -€10,850 | -28.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €66,575 | €53,662 | -€12,913 | -19.4% |
| Distributable reserves | 133 | €66,575 | €53,662 | -€12,913 | -19.4% |
| Profit (loss) carried forward | 14 | -€41,397 | -€39,335 | +€2,062 | +5.0% |
| Amounts payable | 17/49 | €131,786 | €122,481 | -€9,306 | -7.1% |
| Amounts payable after more than one year | 17 | €99,994 | €80,122 | -€19,872 | -19.9% |
| Financial debts | 170/4 | €99,994 | €80,122 | -€19,872 | -19.9% |
| Amounts payable within one year | 42/48 | €31,792 | €42,358 | +€10,566 | +33.2% |
| Current portion of amounts payable after more than one year | 42 | €18,943 | €19,872 | +€929 | +4.9% |
| Financial debts | 43 | €6,000 | €6,000 | = | 0.0% |
| Credit institutions | 430/8 | €6,000 | €6,000 | = | 0.0% |
| Trade debts | 44 | €2,963 | €1,956 | -€1,007 | -34.0% |
| Suppliers | 440/4 | €2,963 | €1,956 | -€1,007 | -34.0% |
| Taxes, remuneration and social security | 45 | €2,567 | €8,894 | +€6,327 | +246% |
| Taxes | 450/3 | €2,567 | €7,094 | +€4,527 | +176% |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | €1,319 | €5,636 | +€4,316 | +327% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,710 | €22,204 | +€494 | +2.3% |
| Other operating charges | 640/8 | €2,375 | €3,509 | +€1,134 | +47.7% |
| Non-recurring operating charges | 66A | €5,687 | - | -€5,687 | |
| Gross operating margin | 9900 | €73,242 | €39,632 | -€33,610 | -45.9% |
| Operating profit (loss) | 9901 | €43,470 | €13,920 | -€29,550 | -68.0% |
| Financial income | 75/76B | €116 | €182 | +€66 | +57.3% |
| Recurring financial income | 75 | €116 | €182 | +€66 | +57.3% |
| Financial charges | 65/66B | €6,492 | €7,629 | +€1,138 | +17.5% |
| Recurring financial charges | 65 | €6,492 | €5,276 | -€1,215 | -18.7% |
| Non-recurring financial charges | 66B | - | €2,353 | +€2,353 | |
| Profit (loss) for the period before taxes | 9903 | €37,094 | €6,472 | -€30,622 | -82.6% |
| Income taxes | 67/77 | €6,808 | €4,410 | -€2,398 | -35.2% |
| Profit (loss) for the period | 9904 | €30,286 | €2,062 | -€28,224 | -93.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,286 | €2,062 | -€28,224 | -93.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.