STANDING PROMOTION: 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.
STANDING PROMOTION
Largest movements
- Tangible fixed assets -€20,500
down €20,500 (-3.0%), from €680,313 to €659,813
- Cash +€11,802
up €11,802 (+278%), from €4,248 to €16,051
mainly Accrued charges and deferred income (+€25,685) and Depreciation (+€20,500)
- Debts after one year -€30,761
down €30,761 (-5.8%), from €528,568 to €497,807
- Accrued charges and deferred income +€25,685
new in 2025: €25,685
- Other debts -€10,822
down €10,822 (-10.9%), from €99,704 to €88,883
- Profit (loss) carried forward +€10,405
up €10,405, from -€9,586 to €819
- Gross operating margin +€2,512
up €2,512 (+5.0%), from €50,627 to €53,139
- Financial charges +€534
up €534 (+4.0%), from €13,403 to €13,937
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 | €750,439 | €744,272 | -€6,167 | -0.8% |
| Fixed assets | 21/28 | €680,313 | €659,813 | -€20,500 | -3.0% |
| Tangible fixed assets | 22/27 | €680,313 | €659,813 | -€20,500 | -3.0% |
| Land and buildings | 22 | €680,313 | €659,813 | -€20,500 | -3.0% |
| Current assets | 29/58 | €70,126 | €84,459 | +€14,333 | +20.4% |
| Amounts receivable within one year | 40/41 | €64,000 | €68,307 | +€4,307 | +6.7% |
| Other amounts receivable | 41 | €64,000 | €68,307 | +€4,307 | +6.7% |
| Cash at bank and in hand | 54/58 | €4,248 | €16,051 | +€11,802 | +278% |
| Deferred charges and accrued income | 490/1 | €1,878 | €102 | -€1,776 | -94.6% |
| Total equity and liabilities | 10/49 | €750,439 | €744,272 | -€6,167 | -0.8% |
| Equity | 10/15 | €30,414 | €40,819 | +€10,405 | +34.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,586 | €819 | +€10,405 | |
| Amounts payable | 17/49 | €720,025 | €703,454 | -€16,572 | -2.3% |
| Amounts payable after more than one year | 17 | €528,568 | €497,807 | -€30,761 | -5.8% |
| Financial debts | 170/4 | €528,568 | €497,807 | -€30,761 | -5.8% |
| Amounts payable within one year | 42/48 | €191,457 | €179,962 | -€11,495 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €30,236 | €30,761 | +€525 | +1.7% |
| Financial debts | 43 | €60,000 | €60,000 | = | 0.0% |
| Credit institutions | 430/8 | €60,000 | €60,000 | = | 0.0% |
| Trade debts | 44 | €1,517 | - | -€1,517 | |
| Suppliers | 440/4 | €1,517 | - | -€1,517 | |
| Taxes, remuneration and social security | 45 | - | €319 | +€319 | |
| Taxes | 450/3 | - | €319 | +€319 | |
| Other amounts payable | 47/48 | €99,704 | €88,883 | -€10,822 | -10.9% |
| Accrued charges and deferred income | 492/3 | - | €25,685 | +€25,685 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,500 | €20,500 | = | 0.0% |
| Other operating charges | 640/8 | €8,233 | €7,978 | -€255 | -3.1% |
| Gross operating margin | 9900 | €50,627 | €53,139 | +€2,512 | +5.0% |
| Operating profit (loss) | 9901 | €21,894 | €24,660 | +€2,767 | +12.6% |
| Financial charges | 65/66B | €13,403 | €13,937 | +€534 | +4.0% |
| Recurring financial charges | 65 | €13,403 | €13,937 | +€534 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €8,491 | €10,724 | +€2,232 | +26.3% |
| Income taxes | 67/77 | - | €319 | +€319 | |
| Profit (loss) for the period | 9904 | €8,491 | €10,405 | +€1,914 | +22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,491 | €10,405 | +€1,914 | +22.5% |
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.