SOMETHING HERE: 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.
SOMETHING HERE
Largest movements
- Tangible fixed assets +€23,432
up €23,432 (+51.3%), from €45,658 to €69,090
of which Land and buildings: +€25,499
- Cash -€10,666
down €10,666 (-12.0%), from €88,744 to €78,078
mainly Investment in fixed assets (net) (-€33,055) and Tax, wage and social debts (-€9,215)
- Receivables within one year +€5,483
up €5,483 (+19.4%), from €28,321 to €33,804
of which Trade receivables: +€8,096
- Debts after one year +€11,602
up €11,602 (+38.4%), from €30,191 to €41,794
- Current portion of long-term debt +€9,934
up €9,934 (+174%), from €5,697 to €15,631
- Tax, wage and social debts -€9,215
down €9,215 (-49.6%), from €18,583 to €9,368
- Reserves +€4,500
up €4,500 (+4.7%), from €95,253 to €99,753
of which Distributable reserves: +€4,500
- Gross operating margin +€18,006
up €18,006 (+363%), from €4,963 to €22,969
- Depreciation +€5,148
up €5,148 (+115%), from €4,475 to €9,623
- Taxes +€2,261
up €2,261 (+1,467%), from €154 to €2,415
- Financial charges +€1,563
up €1,563 (+91.3%), from €1,713 to €3,276
- Other operating charges +€984
up €984 (+73.0%), from €1,347 to €2,330
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 | €163,595 | €181,755 | +€18,160 | +11.1% |
| Fixed assets | 21/28 | €45,658 | €69,090 | +€23,432 | +51.3% |
| Tangible fixed assets | 22/27 | €45,658 | €69,090 | +€23,432 | +51.3% |
| Land and buildings | 22 | €41,340 | €66,839 | +€25,499 | +61.7% |
| Furniture and vehicles | 24 | €4,318 | €2,251 | -€2,067 | -47.9% |
| Current assets | 29/58 | €117,938 | €112,665 | -€5,272 | -4.5% |
| Amounts receivable within one year | 40/41 | €28,321 | €33,804 | +€5,483 | +19.4% |
| Trade receivables | 40 | €19,885 | €27,981 | +€8,096 | +40.7% |
| Other amounts receivable | 41 | €8,436 | €5,823 | -€2,613 | -31.0% |
| Cash at bank and in hand | 54/58 | €88,744 | €78,078 | -€10,666 | -12.0% |
| Deferred charges and accrued income | 490/1 | €873 | €784 | -€89 | -10.2% |
| Total equity and liabilities | 10/49 | €163,595 | €181,755 | +€18,160 | +11.1% |
| Equity | 10/15 | €100,548 | €105,419 | +€4,871 | +4.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €95,253 | €99,753 | +€4,500 | +4.7% |
| Non-distributable reserves | 130/1 | €4,703 | €4,703 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,703 | €4,703 | = | 0.0% |
| Distributable reserves | 133 | €90,550 | €95,050 | +€4,500 | +5.0% |
| Profit (loss) carried forward | 14 | €2,295 | €2,666 | +€371 | +16.2% |
| Amounts payable | 17/49 | €63,048 | €76,336 | +€13,288 | +21.1% |
| Amounts payable after more than one year | 17 | €30,191 | €41,794 | +€11,602 | +38.4% |
| Financial debts | 170/4 | €30,191 | €41,794 | +€11,602 | +38.4% |
| Amounts payable within one year | 42/48 | €32,856 | €34,542 | +€1,686 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €5,697 | €15,631 | +€9,934 | +174% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,471 | €6,540 | +€1,070 | +19.6% |
| Suppliers | 440/4 | €5,471 | €6,540 | +€1,070 | +19.6% |
| Taxes, remuneration and social security | 45 | €18,583 | €9,368 | -€9,215 | -49.6% |
| Taxes | 450/3 | €18,583 | €9,368 | -€9,215 | -49.6% |
| Other amounts payable | 47/48 | €3,106 | €3,003 | -€103 | -3.3% |
| Remuneration, social security and pensions | 62 | €0 | €837 | +€837 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,475 | €9,623 | +€5,148 | +115% |
| Other operating charges | 640/8 | €1,347 | €2,330 | +€984 | +73.0% |
| Gross operating margin | 9900 | €4,963 | €22,969 | +€18,006 | +363% |
| Operating profit (loss) | 9901 | -€859 | €10,179 | +€11,037 | |
| Financial income | 75/76B | €491 | €384 | -€107 | -21.8% |
| Recurring financial income | 75 | €491 | €384 | -€107 | -21.8% |
| Financial charges | 65/66B | €1,713 | €3,276 | +€1,563 | +91.3% |
| Recurring financial charges | 65 | €1,713 | €3,276 | +€1,563 | +91.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,080 | €7,286 | +€9,367 | |
| Income taxes | 67/77 | €154 | €2,415 | +€2,261 | +1,467% |
| Profit (loss) for the period | 9904 | -€2,235 | €4,871 | +€7,106 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,235 | €4,871 | +€7,106 |
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 17 October 2026 via checked.be.