TABULA: 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.
TABULA
Largest movements
- Tangible fixed assets -€96,907
down €96,907 (-22.3%), from €434,065 to €337,158
of which Furniture and vehicles: -€57,644
- Cash +€65,632
up €65,632 (+19.6%), from €334,912 to €400,543
mainly Depreciation (+€117,241) and Other debts (+€107,842)
- Stocks and contracts +€20,434
up €20,434 (+13.1%), from €156,572 to €177,006
- Reserves -€137,605
down €137,605 (-26.9%), from €510,661 to €373,056
of which Distributable reserves: -€137,605
- Other debts +€107,842
up €107,842 (+88.1%), from €122,453 to €230,294
- Trade debts +€17,163
up €17,163 (+7.9%), from €216,537 to €233,699
- Staff costs +€59,265
up €59,265 (+51.8%), from €114,345 to €173,610
- Gross operating margin -€49,600
down €49,600 (-10.9%), from €456,469 to €406,868
- Taxes -€35,627
down €35,627 (-56.6%), from €62,930 to €27,304
- Depreciation +€6,619
up €6,619 (+6.0%), from €110,621 to €117,241
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 | €968,366 | €951,578 | -€16,788 | -1.7% |
| Fixed assets | 21/28 | €434,065 | €337,158 | -€96,907 | -22.3% |
| Tangible fixed assets | 22/27 | €434,065 | €337,158 | -€96,907 | -22.3% |
| Furniture and vehicles | 24 | €279,102 | €221,458 | -€57,644 | -20.7% |
| Other tangible fixed assets | 26 | €154,963 | €115,700 | -€39,263 | -25.3% |
| Current assets | 29/58 | €534,302 | €614,420 | +€80,119 | +15.0% |
| Stocks and contracts in progress | 3 | €156,572 | €177,006 | +€20,434 | +13.1% |
| Stocks | 30/36 | €156,572 | €177,006 | +€20,434 | +13.1% |
| Amounts receivable within one year | 40/41 | €40,783 | €36,871 | -€3,912 | -9.6% |
| Trade receivables | 40 | €16,687 | €14,697 | -€1,991 | -11.9% |
| Other amounts receivable | 41 | €24,096 | €22,174 | -€1,922 | -8.0% |
| Cash at bank and in hand | 54/58 | €334,912 | €400,543 | +€65,632 | +19.6% |
| Deferred charges and accrued income | 490/1 | €2,035 | - | -€2,035 | |
| Total equity and liabilities | 10/49 | €968,366 | €951,578 | -€16,788 | -1.7% |
| Equity | 10/15 | €610,661 | €473,056 | -€137,605 | -22.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Contributions outside capital | 11 | €100,000 | €100,000 | = | 0.0% |
| Other | 1109/19 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €510,661 | €373,056 | -€137,605 | -26.9% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €500,661 | €363,056 | -€137,605 | -27.5% |
| Amounts payable | 17/49 | €357,705 | €478,523 | +€120,817 | +33.8% |
| Amounts payable within one year | 42/48 | €357,705 | €478,523 | +€120,817 | +33.8% |
| Trade debts | 44 | €216,537 | €233,699 | +€17,163 | +7.9% |
| Suppliers | 440/4 | €216,537 | €233,699 | +€17,163 | +7.9% |
| Taxes, remuneration and social security | 45 | €18,716 | €14,529 | -€4,187 | -22.4% |
| Taxes | 450/3 | €3,731 | - | -€3,731 | |
| Remuneration and social security | 454/9 | €14,985 | €14,529 | -€456 | -3.0% |
| Other amounts payable | 47/48 | €122,453 | €230,294 | +€107,842 | +88.1% |
| Non-recurring operating income | 76A | €13,500 | - | -€13,500 | |
| Remuneration, social security and pensions | 62 | €114,345 | €173,610 | +€59,265 | +51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,621 | €117,241 | +€6,619 | +6.0% |
| Other operating charges | 640/8 | €4,871 | €4,987 | +€116 | +2.4% |
| Gross operating margin | 9900 | €456,469 | €406,868 | -€49,600 | -10.9% |
| Operating profit (loss) | 9901 | €226,631 | €111,031 | -€115,600 | -51.0% |
| Financial income | 75/76B | €1,812 | €846 | -€966 | -53.3% |
| Recurring financial income | 75 | €1,812 | €846 | -€966 | -53.3% |
| Financial charges | 65/66B | €5,050 | €4,463 | -€588 | -11.6% |
| Recurring financial charges | 65 | €5,050 | €4,463 | -€588 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €223,393 | €107,415 | -€115,978 | -51.9% |
| Income taxes | 67/77 | €62,930 | €27,304 | -€35,627 | -56.6% |
| Profit (loss) for the period | 9904 | €160,463 | €80,111 | -€80,352 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €160,463 | €80,111 | -€80,352 | -50.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.