Season.: 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.
Season.
Largest movements
- Tangible fixed assets +€51,780
up €51,780 (+97.8%), from €52,930 to €104,710
of which Other tangible fixed assets: +€52,305
- Receivables within one year +€9,247
up €9,247 (+72.8%), from €12,698 to €21,945
of which Trade receivables: +€9,159
- Reserves +€22,729
up €22,729 (+71.5%), from €31,776 to €54,505
- Trade debts +€21,672
up €21,672 (+1,318%), from €1,644 to €23,316
- Other debts +€8,731
up €8,731 (+285%), from €3,060 to €11,791
- Tax, wage and social debts +€4,196
up €4,196 (+23.9%), from €17,527 to €21,724
of which Taxes: +€6,696
- Accrued charges and deferred income +€2,419
new in 2025: €2,419
- Depreciation +€15,748
up €15,748 (+164%), from €9,631 to €25,379
- Gross operating margin +€4,921
up €4,921 (+10.1%), from €48,922 to €53,843
- Taxes -€2,806
down €2,806 (-38.7%), from €7,245 to €4,439
- Financial charges +€774
up €774 (+545%), from €142 to €916
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 | €79,008 | €138,755 | +€59,748 | +75.6% |
| Fixed assets | 21/28 | €54,175 | €105,332 | +€51,156 | +94.4% |
| Intangible fixed assets | 21 | €1,245 | €622 | -€623 | -50.1% |
| Tangible fixed assets | 22/27 | €52,930 | €104,710 | +€51,780 | +97.8% |
| Plant, machinery and equipment | 23 | €7,836 | €5,987 | -€1,849 | -23.6% |
| Furniture and vehicles | 24 | - | €1,323 | +€1,323 | |
| Other tangible fixed assets | 26 | €45,095 | €97,400 | +€52,305 | +116% |
| Current assets | 29/58 | €24,832 | €33,423 | +€8,591 | +34.6% |
| Amounts receivable within one year | 40/41 | €12,698 | €21,945 | +€9,247 | +72.8% |
| Trade receivables | 40 | €12,698 | €21,856 | +€9,159 | +72.1% |
| Other amounts receivable | 41 | - | €88 | +€88 | |
| Cash at bank and in hand | 54/58 | €10,657 | €10,128 | -€529 | -5.0% |
| Deferred charges and accrued income | 490/1 | €1,478 | €1,350 | -€127 | -8.6% |
| Total equity and liabilities | 10/49 | €79,008 | €138,755 | +€59,748 | +75.6% |
| Equity | 10/15 | €56,776 | €79,505 | +€22,729 | +40.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €31,776 | €54,505 | +€22,729 | +71.5% |
| Distributable reserves | 133 | €31,776 | €54,505 | +€22,729 | +71.5% |
| Amounts payable | 17/49 | €22,232 | €59,250 | +€37,019 | +167% |
| Amounts payable within one year | 42/48 | €22,232 | €56,831 | +€34,600 | +156% |
| Trade debts | 44 | €1,644 | €23,316 | +€21,672 | +1,318% |
| Suppliers | 440/4 | €1,644 | €23,316 | +€21,672 | +1,318% |
| Taxes, remuneration and social security | 45 | €17,527 | €21,724 | +€4,196 | +23.9% |
| Taxes | 450/3 | €15,028 | €21,724 | +€6,696 | +44.6% |
| Remuneration and social security | 454/9 | €2,500 | €0 | -€2,500 | -100% |
| Other amounts payable | 47/48 | €3,060 | €11,791 | +€8,731 | +285% |
| Accrued charges and deferred income | 492/3 | - | €2,419 | +€2,419 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,631 | €25,379 | +€15,748 | +164% |
| Other operating charges | 640/8 | €259 | €304 | +€45 | +17.6% |
| Gross operating margin | 9900 | €48,922 | €53,843 | +€4,921 | +10.1% |
| Operating profit (loss) | 9901 | €39,032 | €28,160 | -€10,872 | -27.9% |
| Financial income | 75/76B | €131 | €31 | -€100 | -76.3% |
| Recurring financial income | 75 | €131 | €31 | -€100 | -76.3% |
| Financial charges | 65/66B | €142 | €916 | +€774 | +545% |
| Recurring financial charges | 65 | €142 | €916 | +€774 | +545% |
| Profit (loss) for the period before taxes | 9903 | €39,021 | €27,275 | -€11,746 | -30.1% |
| Income taxes | 67/77 | €7,245 | €4,439 | -€2,806 | -38.7% |
| Profit (loss) for the period | 9904 | €31,776 | €22,837 | -€8,939 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,776 | €22,837 | -€8,939 | -28.1% |
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 22 October 2026 via checked.be.