'T ROND PUNT: what changed
'T ROND PUNT
Largest movements
- Cash +€145,873
up €145,873 (+33.8%), from €431,015 to €576,888
mainly Net result for the year (+€312,539) and Depreciation (+€56,960)
- Tangible fixed assets +€88,448
up €88,448 (+33.9%), from €260,798 to €349,246
of which Furniture and vehicles: +€102,353
- Receivables within one year +€67,302
up €67,302 (+60.5%), from €111,189 to €178,491
of which Trade receivables: +€46,686
- Reserves +€200,000
up €200,000 (+441%), from €45,371 to €245,371
of which Distributable reserves: +€200,000
- Profit (loss) carried forward +€112,539
up €112,539 (+18.6%), from €605,256 to €717,795
- Tax, wage and social debts -€22,454
down €22,454 (-43.3%), from €51,882 to €29,428
of which Taxes: -€14,531
- Trade debts +€21,954
up €21,954 (+219%), from €10,024 to €31,978
- Gross operating margin +€56,375
up €56,375 (+16.1%), from €350,310 to €406,685
- Taxes -€55,397
down €55,397 (-79.1%), from €70,000 to €14,603
- Staff costs -€16,943
down €16,943 (-37.9%), from €44,651 to €27,708
- Depreciation +€13,431
up €13,431 (+30.9%), from €43,529 to €56,960
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 | €820,470 | €1,122,093 | +€301,623 | +36.8% |
| Fixed assets | 21/28 | €260,798 | €349,246 | +€88,448 | +33.9% |
| Tangible fixed assets | 22/27 | €260,798 | €349,246 | +€88,448 | +33.9% |
| Land and buildings | 22 | €126,750 | €117,000 | -€9,750 | -7.7% |
| Plant, machinery and equipment | 23 | €26,241 | €22,591 | -€3,650 | -13.9% |
| Furniture and vehicles | 24 | €104,026 | €206,379 | +€102,353 | +98.4% |
| Leasing and similar rights | 25 | €3,781 | €3,276 | -€505 | -13.4% |
| Current assets | 29/58 | €559,672 | €772,847 | +€213,175 | +38.1% |
| Amounts receivable after more than one year | 29 | €6,000 | €6,000 | = | 0.0% |
| Trade receivables | 290 | €6,000 | €6,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €7,914 | €7,914 | = | 0.0% |
| Stocks | 30/36 | €7,914 | €7,914 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €111,189 | €178,491 | +€67,302 | +60.5% |
| Trade receivables | 40 | €43,314 | €90,000 | +€46,686 | +108% |
| Other amounts receivable | 41 | €67,875 | €88,491 | +€20,616 | +30.4% |
| Cash at bank and in hand | 54/58 | €431,015 | €576,888 | +€145,873 | +33.8% |
| Deferred charges and accrued income | 490/1 | €3,554 | €3,554 | = | 0.0% |
| Total equity and liabilities | 10/49 | €820,470 | €1,122,093 | +€301,623 | +36.8% |
| Equity | 10/15 | €656,827 | €969,366 | +€312,539 | +47.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €45,371 | €245,371 | +€200,000 | +441% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,663 | €1,663 | = | 0.0% |
| Distributable reserves | 133 | €41,848 | €241,848 | +€200,000 | +478% |
| Profit (loss) carried forward | 14 | €605,256 | €717,795 | +€112,539 | +18.6% |
| Amounts payable | 17/49 | €163,643 | €152,727 | -€10,916 | -6.7% |
| Amounts payable after more than one year | 17 | €91,323 | €91,321 | -€2 | 0.0% |
| Financial debts | 170/4 | €91,323 | €91,321 | -€2 | 0.0% |
| Amounts payable within one year | 42/48 | €72,320 | €61,406 | -€10,914 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €10,414 | - | -€10,414 | |
| Trade debts | 44 | €10,024 | €31,978 | +€21,954 | +219% |
| Suppliers | 440/4 | €10,024 | €31,978 | +€21,954 | +219% |
| Taxes, remuneration and social security | 45 | €51,882 | €29,428 | -€22,454 | -43.3% |
| Taxes | 450/3 | €39,808 | €25,277 | -€14,531 | -36.5% |
| Remuneration and social security | 454/9 | €12,074 | €4,151 | -€7,923 | -65.6% |
| Remuneration, social security and pensions | 62 | €44,651 | €27,708 | -€16,943 | -37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,529 | €56,960 | +€13,431 | +30.9% |
| Other operating charges | 640/8 | €226 | €53 | -€173 | -76.5% |
| Gross operating margin | 9900 | €350,310 | €406,685 | +€56,375 | +16.1% |
| Operating profit (loss) | 9901 | €261,904 | €321,964 | +€60,060 | +22.9% |
| Financial income | 75/76B | €5,002 | €6,112 | +€1,110 | +22.2% |
| Recurring financial income | 75 | €5,002 | €6,112 | +€1,110 | +22.2% |
| Financial charges | 65/66B | €2,165 | €934 | -€1,231 | -56.9% |
| Recurring financial charges | 65 | €2,165 | €934 | -€1,231 | -56.9% |
| Profit (loss) for the period before taxes | 9903 | €264,741 | €327,142 | +€62,401 | +23.6% |
| Income taxes | 67/77 | €70,000 | €14,603 | -€55,397 | -79.1% |
| Profit (loss) for the period | 9904 | €194,741 | €312,539 | +€117,798 | +60.5% |
| Profit (loss) for the period to be appropriated | 9905 | €194,741 | €312,539 | +€117,798 | +60.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.