SAVE THE DATE: 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.
SAVE THE DATE
Largest movements
- Current investments +€176,507
up €176,507, from €0 to €176,507
- Cash -€148,012
down €148,012 (-56.3%), from €262,875 to €114,862
mainly Contributions, distributions and other (-€259,560) and Current investments (-€176,507)
- Receivables within one year -€40,233
down €40,233 (-88.8%), from €45,291 to €5,057
of which Other amounts receivable: -€25,548
- Receivables after one year -€10,000
down €10,000 (-8.3%), from €120,000 to €110,000
- Reserves -€220,164
down €220,164 (-62.4%), from €352,966 to €132,801
- Other debts +€190,924
up €190,924 (+276.3%), from €69,091 to €260,015
- Tax, wage and social debts +€4,335
up €4,335 (+218.0%), from €1,989 to €6,324
- Financial income -€3,407
down €3,407 (-47.9%), from €7,119 to €3,712
- Gross operating margin -€1,253
down €1,253 (-2.0%), from €61,305 to €60,053
- Taxes -€1,034
down €1,034 (-4.8%), from €21,657 to €20,622
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 | €430,768 | €406,427 | -€24,341 | -5.7% |
| Fixed assets | 21/28 | €2,603 | €0 | -€2,603 | -100.0% |
| Tangible fixed assets | 22/27 | €2,603 | €0 | -€2,603 | -100.0% |
| Plant, machinery and equipment | 23 | €1,865 | €0 | -€1,865 | -100.0% |
| Furniture and vehicles | 24 | €213 | €0 | -€213 | -100.0% |
| Other tangible fixed assets | 26 | €525 | €0 | -€525 | -100.0% |
| Current assets | 29/58 | €428,165 | €406,427 | -€21,738 | -5.1% |
| Amounts receivable after more than one year | 29 | €120,000 | €110,000 | -€10,000 | -8.3% |
| Other amounts receivable | 291 | €120,000 | €110,000 | -€10,000 | -8.3% |
| Amounts receivable within one year | 40/41 | €45,291 | €5,057 | -€40,233 | -88.8% |
| Trade receivables | 40 | €15,358 | €673 | -€14,686 | -95.6% |
| Other amounts receivable | 41 | €29,932 | €4,385 | -€25,548 | -85.4% |
| Current investments | 50/53 | €0 | €176,507 | +€176,507 | |
| Cash at bank and in hand | 54/58 | €262,875 | €114,862 | -€148,012 | -56.3% |
| Total equity and liabilities | 10/49 | €430,768 | €406,427 | -€24,341 | -5.7% |
| Equity | 10/15 | €359,166 | €139,001 | -€220,164 | -61.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €352,966 | €132,801 | -€220,164 | -62.4% |
| Distributable reserves | 133 | €352,966 | €132,801 | -€220,164 | -62.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €71,603 | €267,426 | +€195,823 | +273.5% |
| Amounts payable within one year | 42/48 | €71,603 | €267,426 | +€195,823 | +273.5% |
| Trade debts | 44 | €524 | €1,088 | +€564 | +107.7% |
| Suppliers | 440/4 | €524 | €1,088 | +€564 | +107.7% |
| Taxes, remuneration and social security | 45 | €1,989 | €6,324 | +€4,335 | +218.0% |
| Taxes | 450/3 | €1,989 | €6,324 | +€4,335 | +218.0% |
| Other amounts payable | 47/48 | €69,091 | €260,015 | +€190,924 | +276.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,040 | €2,603 | -€437 | -14.4% |
| Other operating charges | 640/8 | €505 | €757 | +€252 | +49.8% |
| Gross operating margin | 9900 | €61,305 | €60,053 | -€1,253 | -2.0% |
| Operating profit (loss) | 9901 | €57,760 | €56,692 | -€1,068 | -1.8% |
| Financial income | 75/76B | €7,119 | €3,712 | -€3,407 | -47.9% |
| Recurring financial income | 75 | €7,119 | €3,712 | -€3,407 | -47.9% |
| Financial charges | 65/66B | €524 | €386 | -€138 | -26.3% |
| Recurring financial charges | 65 | €524 | €386 | -€138 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €64,354 | €60,018 | -€4,336 | -6.7% |
| Income taxes | 67/77 | €21,657 | €20,622 | -€1,034 | -4.8% |
| Profit (loss) for the period | 9904 | €42,698 | €39,395 | -€3,302 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,698 | €39,395 | -€3,302 | -7.7% |
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 3 October 2026 via checked.be.