so juicy: 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.
so juicy
Largest movements
- Receivables after one year +€45,680
up €45,680 (+4.4%), from €1.0m to €1.1m
- Cash -€12,256
down €12,256 (-89.9%), from €13,639 to €1,383
mainly Receivables after one year (-€45,680) and Receivables within one year (-€874)
- Reserves +€20,000
up €20,000 (+2.2%), from €916,787 to €936,787
of which Distributable reserves: +€20,000
- Gross operating margin -€24,057
down €24,057, from €14,604 to -€9,453
- Financial income +€1,718
up €1,718 (+4.8%), from €35,616 to €37,334
- Financial charges -€666
down €666 (-84.8%), from €785 to €119
- Other operating charges -€664
down €664 (-90.1%), from €737 to €73
- Staff costs -€563
no longer reported in 2025 (was €563)
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 | €1,084,241 | €1,118,539 | +€34,298 | +3.2% |
| Fixed assets | 21/28 | €2,000 | €2,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €1,082,241 | €1,116,539 | +€34,298 | +3.2% |
| Amounts receivable after more than one year | 29 | €1,042,352 | €1,088,032 | +€45,680 | +4.4% |
| Other amounts receivable | 291 | €1,042,352 | €1,088,032 | +€45,680 | +4.4% |
| Amounts receivable within one year | 40/41 | €26,250 | €27,123 | +€874 | +3.3% |
| Trade receivables | 40 | €9,075 | €9,075 | = | 0.0% |
| Other amounts receivable | 41 | €17,175 | €18,048 | +€874 | +5.1% |
| Cash at bank and in hand | 54/58 | €13,639 | €1,383 | -€12,256 | -89.9% |
| Total equity and liabilities | 10/49 | €1,084,241 | €1,118,539 | +€34,298 | +3.2% |
| Equity | 10/15 | €923,549 | €943,860 | +€20,311 | +2.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €916,787 | €936,787 | +€20,000 | +2.2% |
| Tax-exempt reserves | 132 | €454,287 | €454,287 | = | 0.0% |
| Distributable reserves | 133 | €462,500 | €482,500 | +€20,000 | +4.3% |
| Profit (loss) carried forward | 14 | €562 | €873 | +€311 | +55.3% |
| Provisions and deferred taxes | 16 | €151,429 | €151,429 | = | 0.0% |
| Deferred taxes | 168 | €151,429 | €151,429 | = | 0.0% |
| Amounts payable | 17/49 | €9,263 | €23,250 | +€13,987 | +151% |
| Amounts payable within one year | 42/48 | €9,263 | €23,250 | +€13,987 | +151% |
| Trade debts | 44 | €1,561 | €8,163 | +€6,603 | +423% |
| Suppliers | 440/4 | €1,561 | €8,163 | +€6,603 | +423% |
| Taxes, remuneration and social security | 45 | €7,250 | €14,628 | +€7,378 | +102% |
| Taxes | 450/3 | €7,250 | €14,628 | +€7,378 | +102% |
| Other amounts payable | 47/48 | €452 | €459 | +€7 | +1.5% |
| Non-recurring operating income | 76A | €21,972 | - | -€21,972 | |
| Remuneration, social security and pensions | 62 | €563 | - | -€563 | |
| Other operating charges | 640/8 | €737 | €73 | -€664 | -90.1% |
| Gross operating margin | 9900 | €14,604 | -€9,453 | -€24,057 | |
| Operating profit (loss) | 9901 | €13,304 | -€9,526 | -€22,830 | |
| Financial income | 75/76B | €35,616 | €37,334 | +€1,718 | +4.8% |
| Recurring financial income | 75 | €35,616 | €37,334 | +€1,718 | +4.8% |
| Financial charges | 65/66B | €785 | €119 | -€666 | -84.8% |
| Recurring financial charges | 65 | €785 | €119 | -€666 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | €48,134 | €27,689 | -€20,446 | -42.5% |
| Income taxes | 67/77 | €7,250 | €7,378 | +€127 | +1.8% |
| Profit (loss) for the period | 9904 | €40,884 | €20,311 | -€20,573 | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,884 | €20,311 | -€20,573 | -50.3% |
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 30 October 2026 via checked.be.