RETAKE: 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.
RETAKE
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€977,026
up €977,026 (+11.2%), from €8.7m to €9.7m
- Profit (loss) carried forward -€933,951
down €933,951 (-24.2%), from -€3.9m to -€4.8m
- Gross operating margin -€152,483
down €152,483 (-85.6%), from €178,042 to €25,559
- Financial charges +€80,790
up €80,790 (+9.7%), from €836,283 to €917,073
- Other operating charges +€41,910
up €41,910 (+90.6%), from €46,278 to €88,188
- Provisions -€19,648
down €19,648 (-75.3%), from -€26,103 to -€45,751
- Purchases and services +€4,961
up €4,961 (+42.8%), from €11,582 to €16,544
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,558,109 | €5,553,109 | -€5,000 | -0.1% |
| Fixed assets | 21/28 | €5,553,109 | €5,553,109 | = | 0.0% |
| Tangible fixed assets | 22/27 | €5,553,109 | €5,553,109 | = | 0.0% |
| Land and buildings | 22 | €3,280,000 | €3,280,000 | = | 0.0% |
| Assets under construction and advance payments | 27 | €2,273,109 | €2,273,109 | = | 0.0% |
| Current assets | 29/58 | €5,000 | - | -€5,000 | |
| Amounts receivable within one year | 40/41 | €500 | - | -€500 | |
| Trade receivables | 40 | €500 | - | -€500 | |
| Deferred charges and accrued income | 490/1 | €4,500 | - | -€4,500 | |
| Total equity and liabilities | 10/49 | €5,558,109 | €5,553,109 | -€5,000 | -0.1% |
| Equity | 10/15 | -€3,197,039 | -€4,130,990 | -€933,951 | -29.2% |
| Contributions | 10/11 | €373,600 | €373,600 | = | 0.0% |
| Reserves | 13 | €286,757 | €286,757 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,757 | €16,757 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,757 | €16,757 | = | 0.0% |
| Distributable reserves | 133 | €270,000 | €270,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,857,396 | -€4,791,347 | -€933,951 | -24.2% |
| Provisions and deferred taxes | 16 | €45,751 | - | -€45,751 | |
| Provisions for liabilities and charges | 160/5 | €45,751 | - | -€45,751 | |
| Other liabilities and charges | 164/5 | €45,751 | - | -€45,751 | |
| Amounts payable | 17/49 | €8,709,397 | €9,684,099 | +€974,702 | +11.2% |
| Amounts payable within one year | 42/48 | €8,708,358 | €9,683,734 | +€975,376 | +11.2% |
| Trade debts | 44 | €1,681 | €31 | -€1,650 | -98.1% |
| Suppliers | 440/4 | €1,681 | €31 | -€1,650 | -98.1% |
| Other amounts payable | 47/48 | €8,706,677 | €9,683,703 | +€977,026 | +11.2% |
| Accrued charges and deferred income | 492/3 | €1,039 | €365 | -€674 | -64.9% |
| Non-recurring operating income | 76A | €139,939 | - | -€139,939 | |
| Goods, raw materials, services and sundry goods | 60/61 | €11,582 | €16,544 | +€4,961 | +42.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€26,103 | -€45,751 | -€19,648 | -75.3% |
| Other operating charges | 640/8 | €46,278 | €88,188 | +€41,910 | +90.6% |
| Gross operating margin | 9900 | €178,042 | €25,559 | -€152,483 | -85.6% |
| Operating profit (loss) | 9901 | €157,867 | -€16,878 | -€174,745 | |
| Financial charges | 65/66B | €836,283 | €917,073 | +€80,790 | +9.7% |
| Recurring financial charges | 65 | €836,283 | €917,073 | +€80,790 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | -€678,417 | -€933,951 | -€255,535 | -37.7% |
| Profit (loss) for the period | 9904 | -€678,417 | -€933,951 | -€255,535 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€678,417 | -€933,951 | -€255,535 | -37.7% |
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 1 October 2026 via checked.be.