screen.brussels fund: 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.
screen.brussels fund
Largest movements
- Financial fixed assets +€2.8m
up €2.8m (+10.0%), from €28.3m to €31.1m
- Cash -€379,063
down €379,063 (-68.9%), from €549,795 to €170,732
mainly Investment in fixed assets (net) (-€2.8m) and Receivables within one year (-€313,217)
- Accrued charges and deferred income +€2.8m
up €2.8m (+10.0%), from €28.3m to €31.1m
- Purchases and services -€81,719
down €81,719 (-20.0%), from €408,339 to €326,620
- Turnover -€55,257
down €55,257 (-34.5%), from €160,027 to €104,769
- Other operating charges -€47,500
no longer reported in 2025 (was €47,500)
- Gross operating margin +€23,497
up €23,497 (+6.4%), from €364,307 to €387,804
- Staff costs +€6,628
up €6,628 (+1.9%), from €355,344 to €361,972
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,021,203 | €32,771,513 | +€2.8m | +9.2% |
| Fixed assets | 21/28 | €28,273,775 | €31,086,823 | +€2.8m | +9.9% |
| Tangible fixed assets | 22/27 | €6,625 | €4,673 | -€1,952 | -29.5% |
| Furniture and vehicles | 24 | €3,013 | €2,866 | -€146 | -4.9% |
| Other tangible fixed assets | 26 | €3,613 | €1,806 | -€1,806 | -50.0% |
| Financial fixed assets | 28 | €28,267,150 | €31,082,150 | +€2.8m | +10.0% |
| Current assets | 29/58 | €1,747,427 | €1,684,690 | -€62,737 | -3.6% |
| Amounts receivable within one year | 40/41 | €1,196,375 | €1,509,592 | +€313,217 | +26.2% |
| Trade receivables | 40 | €405 | €8,592 | +€8,187 | +2,024% |
| Other amounts receivable | 41 | €1,195,971 | €1,501,000 | +€305,029 | +25.5% |
| Cash at bank and in hand | 54/58 | €549,795 | €170,732 | -€379,063 | -68.9% |
| Deferred charges and accrued income | 490/1 | €1,257 | €4,367 | +€3,110 | +247% |
| Total equity and liabilities | 10/49 | €30,021,203 | €32,771,513 | +€2.8m | +9.2% |
| Equity | 10/15 | €77,370 | €100,133 | +€22,762 | +29.4% |
| Reserves | 13 | €205,330 | €245,802 | +€40,472 | +19.7% |
| Profit (loss) carried forward | 14 | -€127,960 | -€145,670 | -€17,710 | -13.8% |
| Amounts payable | 17/49 | €29,943,832 | €32,671,380 | +€2.7m | +9.1% |
| Amounts payable within one year | 42/48 | €1,674,162 | €1,586,347 | -€87,815 | -5.2% |
| Trade debts | 44 | €3,643 | €9,599 | +€5,956 | +163% |
| Suppliers | 440/4 | €3,643 | €9,599 | +€5,956 | +163% |
| Taxes, remuneration and social security | 45 | €64,136 | €73,047 | +€8,911 | +13.9% |
| Taxes | 450/3 | €15,584 | €15,720 | +€137 | +0.9% |
| Remuneration and social security | 454/9 | €48,552 | €57,326 | +€8,774 | +18.1% |
| Accrued charges and deferred income | 492/3 | €28,269,670 | €31,085,033 | +€2.8m | +10.0% |
| Turnover | 70 | €160,027 | €104,769 | -€55,257 | -34.5% |
| Membership fees, donations, legacies and grants | 73 | €600,000 | €585,000 | -€15,000 | -2.5% |
| Non-recurring operating income | 76A | €12,619 | €24,654 | +€12,035 | +95.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €408,339 | €326,620 | -€81,719 | -20.0% |
| Remuneration, social security and pensions | 62 | €355,344 | €361,972 | +€6,628 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,346 | €3,777 | -€569 | -13.1% |
| Other operating charges | 640/8 | €47,500 | - | -€47,500 | |
| Non-recurring operating charges | 66A | - | €40 | +€40 | |
| Gross operating margin | 9900 | €364,307 | €387,804 | +€23,497 | +6.4% |
| Operating profit (loss) | 9901 | -€42,884 | -€18,457 | +€24,427 | +57.0% |
| Financial income | 75/76B | €3,427 | €1,121 | -€2,306 | -67.3% |
| Recurring financial income | 75 | €3,427 | €1,121 | -€2,306 | -67.3% |
| Financial charges | 65/66B | €375 | €375 | = | 0.0% |
| Recurring financial charges | 65 | €375 | €375 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€39,831 | -€17,710 | +€22,121 | +55.5% |
| Profit (loss) for the period | 9904 | -€39,831 | -€17,710 | +€22,121 | +55.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,831 | -€17,710 | +€22,121 | +55.5% |
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 23 October 2026 via checked.be.