't LEESTJE: what changed
't LEESTJE
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash -€16,260
down €16,260 (-12.8%), from €126,880 to €110,621
mainly Current investments (-€50,000) and Investment in fixed assets (net) (-€21,840)
- Tangible fixed assets +€6,577
up €6,577 (+15.0%), from €43,836 to €50,413
of which Furniture and vehicles: +€8,595
- Stocks and contracts +€3,007
up €3,007 (+10.6%), from €28,453 to €31,460
- Reserves +€44,844
up €44,844 (+29.5%), from €151,975 to €196,820
of which Distributable reserves: +€44,844
- Tax, wage and social debts -€4,571
down €4,571 (-77.1%), from €5,929 to €1,359
of which Remuneration and social security: -€3,745
- Gross operating margin +€20,651
up €20,651 (+38.6%), from €53,555 to €74,206
- Taxes +€7,084
up €7,084 (+88.5%), from €8,000 to €15,084
- Depreciation +€2,163
up €2,163 (+16.5%), from €13,101 to €15,264
- Other operating charges -€874
down €874 (-32.8%), from €2,664 to €1,791
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €203,368 | €244,688 | +€41,320 | +20.3% |
| Fixed assets | 21/28 | €43,836 | €50,413 | +€6,577 | +15.0% |
| Tangible fixed assets | 22/27 | €43,836 | €50,413 | +€6,577 | +15.0% |
| Land and buildings | 22 | €2,770 | €2,104 | -€666 | -24.0% |
| Plant, machinery and equipment | 23 | €12,041 | €10,688 | -€1,352 | -11.2% |
| Furniture and vehicles | 24 | €29,025 | €37,621 | +€8,595 | +29.6% |
| Current assets | 29/58 | €159,532 | €194,275 | +€34,743 | +21.8% |
| Stocks and contracts in progress | 3 | €28,453 | €31,460 | +€3,007 | +10.6% |
| Stocks | 30/36 | €28,453 | €31,460 | +€3,007 | +10.6% |
| Amounts receivable within one year | 40/41 | €4,198 | €2,194 | -€2,004 | -47.7% |
| Trade receivables | 40 | €2,198 | €110 | -€2,089 | -95.0% |
| Other amounts receivable | 41 | €2,000 | €2,085 | +€85 | +4.2% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €126,880 | €110,621 | -€16,260 | -12.8% |
| Total equity and liabilities | 10/49 | €203,368 | €244,688 | +€41,320 | +20.3% |
| Equity | 10/15 | €164,375 | €209,220 | +€44,844 | +27.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €151,975 | €196,820 | +€44,844 | +29.5% |
| Non-distributable reserves | 130/1 | €2,480 | €2,480 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,480 | €2,480 | = | 0.0% |
| Distributable reserves | 133 | €149,495 | €194,340 | +€44,844 | +30.0% |
| Amounts payable | 17/49 | €38,992 | €35,468 | -€3,524 | -9.0% |
| Amounts payable within one year | 42/48 | €38,992 | €35,468 | -€3,524 | -9.0% |
| Trade debts | 44 | €608 | €1,862 | +€1,254 | +206% |
| Suppliers | 440/4 | €608 | €1,862 | +€1,254 | +206% |
| Taxes, remuneration and social security | 45 | €5,929 | €1,359 | -€4,571 | -77.1% |
| Taxes | 450/3 | €2,184 | €1,359 | -€825 | -37.8% |
| Remuneration and social security | 454/9 | €3,745 | €0 | -€3,745 | -100% |
| Other amounts payable | 47/48 | €32,455 | €32,247 | -€208 | -0.6% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,101 | €15,264 | +€2,163 | +16.5% |
| Other operating charges | 640/8 | €2,664 | €1,791 | -€874 | -32.8% |
| Gross operating margin | 9900 | €53,555 | €74,206 | +€20,651 | +38.6% |
| Operating profit (loss) | 9901 | €37,790 | €57,151 | +€19,362 | +51.2% |
| Financial income | 75/76B | €473 | €649 | +€176 | +37.3% |
| Recurring financial income | 75 | €473 | €649 | +€176 | +37.3% |
| Financial charges | 65/66B | €436 | €673 | +€237 | +54.3% |
| Recurring financial charges | 65 | €436 | €673 | +€237 | +54.3% |
| Profit (loss) for the period before taxes | 9903 | €37,826 | €57,128 | +€19,301 | +51.0% |
| Income taxes | 67/77 | €8,000 | €15,084 | +€7,084 | +88.5% |
| Profit (loss) for the period | 9904 | €29,826 | €42,044 | +€12,218 | +41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,826 | €42,044 | +€12,218 | +41.0% |
Next steps
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 5 November 2026 via checked.be.