Suite 102: 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.
Suite 102
Largest movements
- Tangible fixed assets +€144,348
up €144,348 (+15.5%), from €930,536 to €1.1m
of which Land and buildings: +€129,799
- Current investments -€78,538
down €78,538 (-89.4%), from €87,885 to €9,346
- Receivables within one year -€60,121
down €60,121 (-43.4%), from €138,581 to €78,460
of which Trade receivables: -€120,086
- Debts after one year -€134,134
down €134,134 (-29.1%), from €460,320 to €326,187
of which Financial debts: -€134,134
- Other debts +€90,200
up €90,200 (+46.1%), from €195,700 to €285,900
- Advances received +€88,365
new in 2025: €88,365
- Tax, wage and social debts -€32,286
down €32,286 (-65.8%), from €49,032 to €16,746
- Trade debts -€14,603
down €14,603 (-24.7%), from €59,098 to €44,495
- Gross operating margin -€38,630
down €38,630 (-22.3%), from €173,208 to €134,577
- Taxes -€7,263
down €7,263 (-35.7%), from €20,352 to €13,090
- Financial income +€6,482
up €6,482 (+884.8%), from €733 to €7,214
- Depreciation +€5,374
up €5,374 (+6.2%), from €86,792 to €92,166
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 | €1,170,667 | €1,179,218 | +€8,551 | +0.7% |
| Fixed assets | 21/28 | €933,036 | €1,077,384 | +€144,348 | +15.5% |
| Tangible fixed assets | 22/27 | €930,536 | €1,074,884 | +€144,348 | +15.5% |
| Land and buildings | 22 | €926,797 | €1,056,596 | +€129,799 | +14.0% |
| Plant, machinery and equipment | 23 | €3,738 | €3,838 | +€100 | +2.7% |
| Furniture and vehicles | 24 | €0 | €14,450 | +€14,450 | +144498200.0% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €237,631 | €101,834 | -€135,797 | -57.1% |
| Amounts receivable within one year | 40/41 | €138,581 | €78,460 | -€60,121 | -43.4% |
| Trade receivables | 40 | €124,135 | €4,048 | -€120,086 | -96.7% |
| Other amounts receivable | 41 | €14,446 | €74,411 | +€59,965 | +415.1% |
| Current investments | 50/53 | €87,885 | €9,346 | -€78,538 | -89.4% |
| Cash at bank and in hand | 54/58 | €4,913 | €9,606 | +€4,693 | +95.5% |
| Deferred charges and accrued income | 490/1 | €6,253 | €4,423 | -€1,830 | -29.3% |
| Total equity and liabilities | 10/49 | €1,170,667 | €1,179,218 | +€8,551 | +0.7% |
| Equity | 10/15 | €339,217 | €344,657 | +€5,440 | +1.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Contributions outside capital | 11 | €12,500 | €12,500 | = | 0.0% |
| Share premium | 1100/10 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €212,355 | €217,355 | +€5,000 | +2.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Legal reserve | 130 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €197,500 | €202,500 | +€5,000 | +2.5% |
| Profit (loss) carried forward | 14 | €114,362 | €114,802 | +€440 | +0.4% |
| Amounts payable | 17/49 | €831,450 | €834,561 | +€3,111 | +0.4% |
| Amounts payable after more than one year | 17 | €460,320 | €326,187 | -€134,134 | -29.1% |
| Financial debts | 170/4 | €459,170 | €325,037 | -€134,134 | -29.2% |
| Other amounts payable | 178/9 | €1,150 | €1,150 | = | 0.0% |
| Amounts payable within one year | 42/48 | €371,130 | €508,374 | +€137,245 | +37.0% |
| Current portion of amounts payable after more than one year | 42 | €67,299 | €72,868 | +€5,569 | +8.3% |
| Trade debts | 44 | €59,098 | €44,495 | -€14,603 | -24.7% |
| Suppliers | 440/4 | €59,098 | €44,495 | -€14,603 | -24.7% |
| Advances received on contracts in progress | 46 | - | €88,365 | +€88,365 | |
| Taxes, remuneration and social security | 45 | €49,032 | €16,746 | -€32,286 | -65.8% |
| Taxes | 450/3 | €49,032 | €16,746 | -€32,286 | -65.8% |
| Other amounts payable | 47/48 | €195,700 | €285,900 | +€90,200 | +46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,792 | €92,166 | +€5,374 | +6.2% |
| Other operating charges | 640/8 | €11,178 | €11,721 | +€542 | +4.9% |
| Gross operating margin | 9900 | €173,208 | €134,577 | -€38,630 | -22.3% |
| Operating profit (loss) | 9901 | €75,238 | €30,690 | -€44,547 | -59.2% |
| Financial income | 75/76B | €733 | €7,214 | +€6,482 | +884.8% |
| Recurring financial income | 75 | €733 | €7,214 | +€6,482 | +884.8% |
| Financial charges | 65/66B | €18,512 | €19,375 | +€863 | +4.7% |
| Recurring financial charges | 65 | €18,512 | €19,375 | +€863 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €57,458 | €18,530 | -€38,929 | -67.8% |
| Income taxes | 67/77 | €20,352 | €13,090 | -€7,263 | -35.7% |
| Profit (loss) for the period | 9904 | €37,106 | €5,440 | -€31,666 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €37,106 | €5,440 | -€31,666 | -85.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.