SPECIAL IT: what changed
Two fiscal 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.
SPECIAL IT
Largest movements
- Receivables within one year -€16,161
down €16,161 (-29.3%), from €55,211 to €39,050
of which Other amounts receivable: -€8,798
- Provisions +€25,109
new in 2025: €25,109
- Profit (loss) carried forward -€20,814
down €20,814 (-20.9%), from €99,721 to €78,907
- Other debts -€14,019
no longer reported in 2025 (was €14,019)
- Debts after one year -€5,917
no longer reported in 2025 (was €5,917)
- Tax, wage and social debts -€2,773
down €2,773 (-32.4%), from €8,550 to €5,777
- Provisions +€25,109
new in 2025: €25,109
- Gross operating margin -€7,157
down €7,157 (-20.8%), from €34,351 to €27,194
- Depreciation +€1,859
up €1,859 (+11.8%), from €15,783 to €17,642
- Taxes -€1,858
down €1,858 (-35.5%), from €5,229 to €3,371
- Other operating charges +€753
new in 2025: €753
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.
Cash bridge derived
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 | €153,713 | €135,739 | -€17,974 | -11.7% |
| Fixed assets | 21/28 | €92,787 | €91,400 | -€1,387 | -1.5% |
| Tangible fixed assets | 22/27 | €48,237 | €46,850 | -€1,387 | -2.9% |
| Plant, machinery and equipment | 23 | €5,918 | €13,147 | +€7,230 | +122.2% |
| Furniture and vehicles | 24 | €22,186 | €16,155 | -€6,030 | -27.2% |
| Other tangible fixed assets | 26 | €20,134 | €17,547 | -€2,587 | -12.8% |
| Financial fixed assets | 28 | €44,550 | €44,550 | = | 0.0% |
| Current assets | 29/58 | €60,926 | €44,339 | -€16,586 | -27.2% |
| Amounts receivable within one year | 40/41 | €55,211 | €39,050 | -€16,161 | -29.3% |
| Trade receivables | 40 | €37,788 | €30,425 | -€7,363 | -19.5% |
| Other amounts receivable | 41 | €17,423 | €8,625 | -€8,798 | -50.5% |
| Cash at bank and in hand | 54/58 | €5,616 | €5,289 | -€327 | -5.8% |
| Deferred charges and accrued income | 490/1 | €98 | - | -€98 | |
| Total equity and liabilities | 10/49 | €153,713 | €135,739 | -€17,974 | -11.7% |
| Equity | 10/15 | €113,981 | €93,167 | -€20,814 | -18.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,721 | €78,907 | -€20,814 | -20.9% |
| Provisions and deferred taxes | 16 | - | €25,109 | +€25,109 | |
| Provisions for liabilities and charges | 160/5 | - | €25,109 | +€25,109 | |
| Pensions and similar obligations | 160 | - | €25,109 | +€25,109 | |
| Amounts payable | 17/49 | €39,732 | €17,464 | -€22,268 | -56.0% |
| Amounts payable after more than one year | 17 | €5,917 | - | -€5,917 | |
| Financial debts | 170/4 | €5,917 | - | -€5,917 | |
| Amounts payable within one year | 42/48 | €33,814 | €17,464 | -€16,351 | -48.4% |
| Current portion of amounts payable after more than one year | 42 | €6,725 | €5,917 | -€808 | -12.0% |
| Trade debts | 44 | €4,521 | €5,770 | +€1,249 | +27.6% |
| Suppliers | 440/4 | €4,521 | €5,770 | +€1,249 | +27.6% |
| Taxes, remuneration and social security | 45 | €8,550 | €5,777 | -€2,773 | -32.4% |
| Taxes | 450/3 | €8,550 | €5,777 | -€2,773 | -32.4% |
| Other amounts payable | 47/48 | €14,019 | - | -€14,019 | |
| Remuneration, social security and pensions | 62 | €226 | €418 | +€192 | +85.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,783 | €17,642 | +€1,859 | +11.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €25,109 | +€25,109 | |
| Other operating charges | 640/8 | - | €753 | +€753 | |
| Gross operating margin | 9900 | €34,351 | €27,194 | -€7,157 | -20.8% |
| Operating profit (loss) | 9901 | €18,343 | -€16,727 | -€35,069 | |
| Financial income | 75/76B | €1 | €0 | -€0 | -24.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -24.0% |
| Financial charges | 65/66B | €1,093 | €717 | -€376 | -34.4% |
| Recurring financial charges | 65 | €1,093 | €717 | -€376 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | €17,250 | -€17,443 | -€34,693 | |
| Income taxes | 67/77 | €5,229 | €3,371 | -€1,858 | -35.5% |
| Profit (loss) for the period | 9904 | €12,021 | -€20,814 | -€32,835 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,021 | -€20,814 | -€32,835 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.