SEVENTY-TWO: 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.
SEVENTY-TWO
Largest movements
- Tangible fixed assets +€144,539
up €144,539 (+96.6%), from €149,561 to €294,100
of which Furniture and vehicles: +€142,618
- Cash -€14,348
down €14,348 (-36.3%), from €39,496 to €25,148
mainly Investment in fixed assets (net) (-€217,102) and Net result for the year (-€28,421)
- Deferred charges and accrued income +€4,545
up €4,545 (+67.0%), from €6,782 to €11,327
- Stocks and contracts -€4,170
no longer reported in 2025 (was €4,170)
- Debts after one year +€103,251
up €103,251 (+110%), from €93,669 to €196,920
- Other debts +€30,283
up €30,283 (+480%), from €6,306 to €36,589
- Profit (loss) carried forward -€28,421
down €28,421 (-189%), from -€15,054 to -€43,475
- Trade debts +€12,412
up €12,412 (+78.6%), from €15,782 to €28,194
- Current portion of long-term debt +€11,148
up €11,148 (+36.0%), from €30,961 to €42,109
- Depreciation +€40,456
up €40,456 (+126%), from €32,107 to €72,563
- Gross operating margin -€9,738
down €9,738 (-4.9%), from €200,061 to €190,323
- Financial charges +€6,022
up €6,022 (+93.5%), from €6,444 to €12,466
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 | €236,003 | €363,355 | +€127,352 | +54.0% |
| Fixed assets | 21/28 | €149,792 | €294,331 | +€144,539 | +96.5% |
| Tangible fixed assets | 22/27 | €149,561 | €294,100 | +€144,539 | +96.6% |
| Plant, machinery and equipment | 23 | €23,332 | €25,253 | +€1,921 | +8.2% |
| Furniture and vehicles | 24 | €126,229 | €268,847 | +€142,618 | +113% |
| Financial fixed assets | 28 | €231 | €231 | = | 0.0% |
| Current assets | 29/58 | €86,211 | €69,024 | -€17,187 | -19.9% |
| Stocks and contracts in progress | 3 | €4,170 | - | -€4,170 | |
| Stocks | 30/36 | €4,170 | - | -€4,170 | |
| Amounts receivable within one year | 40/41 | €35,763 | €32,549 | -€3,214 | -9.0% |
| Trade receivables | 40 | €35,763 | €32,549 | -€3,214 | -9.0% |
| Cash at bank and in hand | 54/58 | €39,496 | €25,148 | -€14,348 | -36.3% |
| Deferred charges and accrued income | 490/1 | €6,782 | €11,327 | +€4,545 | +67.0% |
| Total equity and liabilities | 10/49 | €236,003 | €363,355 | +€127,352 | +54.0% |
| Equity | 10/15 | €46,946 | €18,525 | -€28,421 | -60.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,054 | -€43,475 | -€28,421 | -189% |
| Amounts payable | 17/49 | €189,057 | €344,830 | +€155,773 | +82.4% |
| Amounts payable after more than one year | 17 | €93,669 | €196,920 | +€103,251 | +110% |
| Financial debts | 170/4 | €93,669 | €196,920 | +€103,251 | +110% |
| Amounts payable within one year | 42/48 | €95,388 | €147,910 | +€52,522 | +55.1% |
| Current portion of amounts payable after more than one year | 42 | €30,961 | €42,109 | +€11,148 | +36.0% |
| Trade debts | 44 | €15,782 | €28,194 | +€12,412 | +78.6% |
| Suppliers | 440/4 | €15,782 | €28,194 | +€12,412 | +78.6% |
| Taxes, remuneration and social security | 45 | €42,339 | €41,018 | -€1,321 | -3.1% |
| Taxes | 450/3 | €28,286 | €29,174 | +€888 | +3.1% |
| Remuneration and social security | 454/9 | €14,053 | €11,844 | -€2,209 | -15.7% |
| Other amounts payable | 47/48 | €6,306 | €36,589 | +€30,283 | +480% |
| Remuneration, social security and pensions | 62 | €112,864 | €113,997 | +€1,133 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,107 | €72,563 | +€40,456 | +126% |
| Other operating charges | 640/8 | €9,434 | €10,466 | +€1,032 | +10.9% |
| Gross operating margin | 9900 | €200,061 | €190,323 | -€9,738 | -4.9% |
| Operating profit (loss) | 9901 | €45,656 | -€6,703 | -€52,359 | |
| Financial income | 75/76B | - | €234 | +€234 | |
| Recurring financial income | 75 | - | €234 | +€234 | |
| Financial charges | 65/66B | €6,444 | €12,466 | +€6,022 | +93.5% |
| Recurring financial charges | 65 | €6,444 | €12,466 | +€6,022 | +93.5% |
| Profit (loss) for the period before taxes | 9903 | €39,212 | -€18,935 | -€58,147 | |
| Income taxes | 67/77 | €9,683 | €9,486 | -€197 | -2.0% |
| Profit (loss) for the period | 9904 | €29,529 | -€28,421 | -€57,950 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,529 | -€28,421 | -€57,950 |
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 25 October 2026 via checked.be.