TABLEAUX: what changed
TABLEAUX
Largest movements
- Receivables within one year -€256,108
down €256,108 (-98.4%), from €260,305 to €4,196
of which Trade receivables: -€255,761
- Deferred charges and accrued income -€15,072
no longer reported in 2025 (was €15,072)
- Cash +€9,772
up €9,772 (+8.7%), from €112,917 to €122,689
mainly Receivables within one year (+€256,108) and Net result for the year (+€58,886)
- Receivables after one year -€5,500
no longer reported in 2025 (was €5,500)
- Trade debts -€167,001
down €167,001 (-96.7%), from €172,652 to €5,650
- Accrued charges and deferred income -€69,250
no longer reported in 2025 (was €69,250)
- Tax, wage and social debts -€50,170
down €50,170 (-72.0%), from €69,678 to €19,508
of which Taxes: -€51,516
- Reserves +€35,357
up €35,357 (+79.2%), from €44,656 to €80,013
- Debts after one year -€6,402
down €6,402 (-24.8%), from €25,777 to €19,375
- Gross operating margin +€14,319
up €14,319 (+18.0%), from €79,649 to €93,967
- Staff costs +€9,347
new in 2025: €9,347
- Taxes +€2,292
up €2,292 (+14.6%), from €15,650 to €17,942
- Financial charges -€1,222
down €1,222 (-59.5%), from €2,055 to €832
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 | €404,057 | €138,217 | -€265,840 | -65.8% |
| Fixed assets | 21/28 | €10,264 | €11,331 | +€1,068 | +10.4% |
| Intangible fixed assets | 21 | €1,914 | €954 | -€960 | -50.1% |
| Tangible fixed assets | 22/27 | €8,150 | €10,177 | +€2,027 | +24.9% |
| Plant, machinery and equipment | 23 | €2,217 | €2,498 | +€280 | +12.6% |
| Furniture and vehicles | 24 | €5,932 | €4,964 | -€968 | -16.3% |
| Other tangible fixed assets | 26 | - | €2,715 | +€2,715 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €393,794 | €126,886 | -€266,908 | -67.8% |
| Amounts receivable after more than one year | 29 | €5,500 | - | -€5,500 | |
| Other amounts receivable | 291 | €5,500 | - | -€5,500 | |
| Amounts receivable within one year | 40/41 | €260,305 | €4,196 | -€256,108 | -98.4% |
| Trade receivables | 40 | €259,958 | €4,196 | -€255,761 | -98.4% |
| Other amounts receivable | 41 | €347 | - | -€347 | |
| Cash at bank and in hand | 54/58 | €112,917 | €122,689 | +€9,772 | +8.7% |
| Deferred charges and accrued income | 490/1 | €15,072 | - | -€15,072 | |
| Total equity and liabilities | 10/49 | €404,057 | €138,217 | -€265,840 | -65.8% |
| Equity | 10/15 | €49,656 | €85,013 | +€35,357 | +71.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €44,656 | €80,013 | +€35,357 | +79.2% |
| Distributable reserves | 133 | €44,656 | €80,013 | +€35,357 | +79.2% |
| Amounts payable | 17/49 | €354,401 | €53,204 | -€301,197 | -85.0% |
| Amounts payable after more than one year | 17 | €25,777 | €19,375 | -€6,402 | -24.8% |
| Financial debts | 170/4 | €25,777 | €19,375 | -€6,402 | -24.8% |
| Amounts payable within one year | 42/48 | €259,374 | €33,830 | -€225,545 | -87.0% |
| Current portion of amounts payable after more than one year | 42 | €10,596 | €6,402 | -€4,194 | -39.6% |
| Trade debts | 44 | €172,652 | €5,650 | -€167,001 | -96.7% |
| Suppliers | 440/4 | €172,652 | €5,650 | -€167,001 | -96.7% |
| Taxes, remuneration and social security | 45 | €69,678 | €19,508 | -€50,170 | -72.0% |
| Taxes | 450/3 | €69,678 | €18,162 | -€51,516 | -73.9% |
| Remuneration and social security | 454/9 | - | €1,346 | +€1,346 | |
| Other amounts payable | 47/48 | €6,448 | €2,269 | -€4,179 | -64.8% |
| Accrued charges and deferred income | 492/3 | €69,250 | - | -€69,250 | |
| Remuneration, social security and pensions | 62 | - | €9,347 | +€9,347 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,409 | €4,663 | -€746 | -13.8% |
| Other operating charges | 640/8 | €1,535 | €2,297 | +€762 | +49.7% |
| Gross operating margin | 9900 | €79,649 | €93,967 | +€14,319 | +18.0% |
| Operating profit (loss) | 9901 | €72,705 | €77,661 | +€4,956 | +6.8% |
| Financial income | 75/76B | €169 | - | -€169 | |
| Recurring financial income | 75 | €169 | - | -€169 | |
| Financial charges | 65/66B | €2,055 | €832 | -€1,222 | -59.5% |
| Recurring financial charges | 65 | €2,055 | €832 | -€1,222 | -59.5% |
| Profit (loss) for the period before taxes | 9903 | €70,819 | €76,828 | +€6,009 | +8.5% |
| Income taxes | 67/77 | €15,650 | €17,942 | +€2,292 | +14.6% |
| Profit (loss) for the period | 9904 | €55,169 | €58,886 | +€3,717 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,169 | €58,886 | +€3,717 | +6.7% |
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 2 November 2026 via checked.be.