SALES' CENTER: what changed
Two financial 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.
What changed
SALES' CENTER
NACE 64.923, Financial service activities, except insurance and pension funding
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€952,710
2024 · €845,252+€107,458
Equity
€371,310
2024 · €1.0m-€669,033
Cash
€66,505
2024 · €61,698+€4,806
Balance sheet total
€2.6m
2024 · €1.9m+€699,098
Largest movements
Assets
- Receivables within one year +€747,799
up €747,799 (+111%), from €675,569 to €1.4m
of which Other amounts receivable: +€747,832
- Receivables after one year -€50,000
down €50,000 (-20.0%), from €250,000 to €200,000
Equity and liabilities
- Other debts +€1.4m
up €1.4m (+192%), from €719,375 to €2.1m
- Reserves -€669,033
down €669,033 (-65.5%), from €1.0m to €352,710
Income statement
- Financial income +€98,432
up €98,432 (+16.8%), from €585,000 to €683,432
- Gross operating margin +€22,228
up €22,228 (+6.4%), from €346,181 to €368,409
- Taxes +€13,759
up €13,759 (+17.0%), from €80,800 to €94,559
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.
Result 2024
€845,252
Gross operating margin
+€22,228
Staff costs
+€430
Other operating charges
-€295
Financial income
+€98,432
Financial charges
+€422
Taxes
-€13,759
Result 2025
€952,710
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€1.7m
Investment
€0
Financing
-€1.6m
Cash 2024
€61,698
From operations (derived)
+€1.7m
Net result for the year
+€952,710
Receivables after one year
+€50,000
Receivables within one year
-€747,799
Smaller working-capital items
+€364
Tax, wage and social debts
+€14,597
Other debts
+€1.4m
Financing
-€1.6m
Debts after one year
-€9,761
Current portion of long-term debt
+€100
Short-term financial debts
-€14,703
Contributions, distributions and other
-€1.6m
Cash 2025
€66,505
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,909,116 | €2,608,214 | +€699,098 | +36.6% |
| Fixed assets | 21/28 | €909,731 | €909,731 | = | 0.0% |
| Tangible fixed assets | 22/27 | €468,527 | €468,527 | = | 0.0% |
| Land and buildings | 22 | €468,527 | €468,527 | = | 0.0% |
| Financial fixed assets | 28 | €441,204 | €441,204 | = | 0.0% |
| Current assets | 29/58 | €999,385 | €1,698,483 | +€699,098 | +70.0% |
| Amounts receivable after more than one year | 29 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Other amounts receivable | 291 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Amounts receivable within one year | 40/41 | €675,569 | €1,423,368 | +€747,799 | +111% |
| Trade receivables | 40 | €299 | €265 | -€33 | -11.2% |
| Other amounts receivable | 41 | €675,270 | €1,423,102 | +€747,832 | +111% |
| Cash at bank and in hand | 54/58 | €61,698 | €66,505 | +€4,806 | +7.8% |
| Deferred charges and accrued income | 490/1 | €12,118 | €8,611 | -€3,507 | -28.9% |
| Total equity and liabilities | 10/49 | €1,909,116 | €2,608,214 | +€699,098 | +36.6% |
| Equity | 10/15 | €1,040,342 | €371,310 | -€669,033 | -64.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,021,742 | €352,710 | -€669,033 | -65.5% |
| Distributable reserves | 133 | €1,021,742 | €352,710 | -€669,033 | -65.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €868,774 | €2,236,904 | +€1.4m | +157% |
| Amounts payable after more than one year | 17 | €104,982 | €95,221 | -€9,761 | -9.3% |
| Financial debts | 170/4 | €104,982 | €95,221 | -€9,761 | -9.3% |
| Amounts payable within one year | 42/48 | €763,792 | €2,141,684 | +€1.4m | +180% |
| Current portion of amounts payable after more than one year | 42 | €9,661 | €9,761 | +€100 | +1.0% |
| Financial debts | 43 | €14,703 | €0 | -€14,703 | -100% |
| Credit institutions | 430/8 | €14,703 | €0 | -€14,703 | -100% |
| Trade debts | 44 | €3,767 | €623 | -€3,143 | -83.4% |
| Suppliers | 440/4 | €3,767 | €623 | -€3,143 | -83.4% |
| Taxes, remuneration and social security | 45 | €16,285 | €30,882 | +€14,597 | +89.6% |
| Taxes | 450/3 | €14,985 | €29,582 | +€14,597 | +97.4% |
| Remuneration and social security | 454/9 | €1,300 | €1,300 | = | 0.0% |
| Other amounts payable | 47/48 | €719,375 | €2,100,417 | +€1.4m | +192% |
| Remuneration, social security and pensions | 62 | €397 | -€33 | -€430 | |
| Other operating charges | 640/8 | €1,103 | €1,398 | +€295 | +26.8% |
| Gross operating margin | 9900 | €346,181 | €368,409 | +€22,228 | +6.4% |
| Operating profit (loss) | 9901 | €344,681 | €367,045 | +€22,363 | +6.5% |
| Financial income | 75/76B | €585,000 | €683,432 | +€98,432 | +16.8% |
| Recurring financial income | 75 | €585,000 | €683,432 | +€98,432 | +16.8% |
| Financial charges | 65/66B | €3,630 | €3,208 | -€422 | -11.6% |
| Recurring financial charges | 65 | €3,630 | €3,208 | -€422 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €926,051 | €1,047,269 | +€121,217 | +13.1% |
| Income taxes | 67/77 | €80,800 | €94,559 | +€13,759 | +17.0% |
| Profit (loss) for the period | 9904 | €845,252 | €952,710 | +€107,458 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €845,252 | €952,710 | +€107,458 | +12.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.