STRICTLY CONFIDENTIAL: what changed
What changed
STRICTLY CONFIDENTIAL
NACE 90.393, Specialised image, lighting and sound technical services
filed annual accounts (NBB)
Net result for the year
-€216,810
2024 · -€176,110-€40,699
Equity
€598,910
2024 · €815,720-€216,810
Cash
€649,974
2024 · €660,995-€11,020
Balance sheet total
€4.6m
2024 · €4.3m+€296,845
Largest movements
Assets
- Receivables within one year +€307,865
up €307,865 (+11.4%), from €2.7m to €3.0m
of which Trade receivables: +€188,782
Equity and liabilities
- Trade debts +€340,273
up €340,273 (+203%), from €167,617 to €507,890
- Other debts +€238,036
up €238,036 (+7.5%), from €3.2m to €3.4m
- Profit (loss) carried forward -€216,810
down €216,810 (-98.8%), from €219,420 to €2,610
- Tax, wage and social debts -€64,654
down €64,654 (-40.5%), from €159,691 to €95,037
Income statement
- Gross operating margin -€431,551
down €431,551, from €229,372 to -€202,179
- Taxes -€96,909
no longer reported in 2025 (was €96,909)
- Other operating charges +€8,047
up €8,047 (+820%), from €982 to €9,028
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€176,110
Gross operating margin
-€431,551
Other operating charges
-€8,047
Other operating items
+€301,354
Financial charges
+€635
Taxes
+€96,909
Result 2025
-€216,810
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€11,020
Investment
€0
Financing
€0
Cash 2024
€660,995
From operations (derived)
-€11,020
Net result for the year
-€216,810
Receivables within one year
-€307,865
Trade debts
+€340,273
Tax, wage and social debts
-€64,654
Other debts
+€238,036
Cash 2025
€649,974
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,320,413 | €4,617,258 | +€296,845 | +6.9% |
| Fixed assets | 21/28 | €968,764 | €968,764 | = | 0.0% |
| Financial fixed assets | 28 | €968,764 | €968,764 | = | 0.0% |
| Current assets | 29/58 | €3,351,648 | €3,648,493 | +€296,845 | +8.9% |
| Amounts receivable within one year | 40/41 | €2,690,654 | €2,998,519 | +€307,865 | +11.4% |
| Trade receivables | 40 | - | €188,782 | +€188,782 | |
| Other amounts receivable | 41 | €2,690,654 | €2,809,738 | +€119,084 | +4.4% |
| Cash at bank and in hand | 54/58 | €660,995 | €649,974 | -€11,020 | -1.7% |
| Total equity and liabilities | 10/49 | €4,320,413 | €4,617,258 | +€296,845 | +6.9% |
| Equity | 10/15 | €815,720 | €598,910 | -€216,810 | -26.6% |
| Contributions | 10/11 | €563,000 | €563,000 | = | 0.0% |
| Capital | 10 | €563,000 | €563,000 | = | 0.0% |
| Issued capital | 100 | €563,000 | €563,000 | = | 0.0% |
| Reserves | 13 | €33,300 | €33,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €33,300 | €33,300 | = | 0.0% |
| Legal reserve | 130 | €33,300 | €33,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €219,420 | €2,610 | -€216,810 | -98.8% |
| Amounts payable | 17/49 | €3,504,693 | €4,018,348 | +€513,655 | +14.7% |
| Amounts payable within one year | 42/48 | €3,504,693 | €4,018,348 | +€513,655 | +14.7% |
| Trade debts | 44 | €167,617 | €507,890 | +€340,273 | +203% |
| Suppliers | 440/4 | €167,617 | €507,890 | +€340,273 | +203% |
| Taxes, remuneration and social security | 45 | €159,691 | €95,037 | -€64,654 | -40.5% |
| Taxes | 450/3 | €159,691 | €95,037 | -€64,654 | -40.5% |
| Other amounts payable | 47/48 | €3,177,385 | €3,415,421 | +€238,036 | +7.5% |
| Other operating charges | 640/8 | €982 | €9,028 | +€8,047 | +820% |
| Non-recurring operating charges | 66A | €301,354 | - | -€301,354 | |
| Gross operating margin | 9900 | €229,372 | -€202,179 | -€431,551 | |
| Operating profit (loss) | 9901 | -€72,964 | -€211,207 | -€138,243 | -189% |
| Financial charges | 65/66B | €6,237 | €5,602 | -€635 | -10.2% |
| Recurring financial charges | 65 | €6,237 | €5,602 | -€635 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | -€79,201 | -€216,810 | -€137,608 | -174% |
| Income taxes | 67/77 | €96,909 | - | -€96,909 | |
| Profit (loss) for the period | 9904 | -€176,110 | -€216,810 | -€40,699 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€176,110 | -€216,810 | -€40,699 | -23.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.