TAKE: what changed
Two fiscal 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.
TAKE
Largest movements
- Tangible fixed assets -€88,373
down €88,373 (-26.0%), from €339,998 to €251,624
of which Furniture and vehicles: -€87,524
- Receivables within one year +€52,462
up €52,462 (+70.1%), from €74,816 to €127,277
of which Other amounts receivable: +€65,849
- Cash +€11,804
up €11,804 (+226.2%), from €5,217 to €17,021
mainly Depreciation (+€71,802) and Net result for the year (+€28,145)
- Stocks and contracts +€5,393
up €5,393 (+76.8%), from €7,022 to €12,415
- Profit (loss) carried forward +€28,145
up €28,145 (+6.2%), from -€456,438 to -€428,294
- Other debts -€24,163
down €24,163 (-32.8%), from €73,729 to €49,566
- Trade debts -€19,348
down €19,348 (-71.1%), from €27,215 to €7,867
- Gross operating margin +€36,673
up €36,673 (+58.1%), from €63,150 to €99,822
- Depreciation +€33,452
up €33,452 (+87.2%), from €38,350 to €71,802
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 | €427,660 | €408,972 | -€18,689 | -4.4% |
| Fixed assets | 21/28 | €340,498 | €252,124 | -€88,373 | -26.0% |
| Tangible fixed assets | 22/27 | €339,998 | €251,624 | -€88,373 | -26.0% |
| Land and buildings | 22 | €2,310 | €1,680 | -€630 | -27.3% |
| Plant, machinery and equipment | 23 | €1,053 | €834 | -€219 | -20.8% |
| Furniture and vehicles | 24 | €336,635 | €249,110 | -€87,524 | -26.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €87,162 | €156,847 | +€69,685 | +79.9% |
| Stocks and contracts in progress | 3 | €7,022 | €12,415 | +€5,393 | +76.8% |
| Stocks | 30/36 | €7,022 | €12,415 | +€5,393 | +76.8% |
| Amounts receivable within one year | 40/41 | €74,816 | €127,277 | +€52,462 | +70.1% |
| Trade receivables | 40 | €74,816 | €61,429 | -€13,387 | -17.9% |
| Other amounts receivable | 41 | €0 | €65,849 | +€65,849 | |
| Cash at bank and in hand | 54/58 | €5,217 | €17,021 | +€11,804 | +226.2% |
| Deferred charges and accrued income | 490/1 | €107 | €134 | +€27 | +24.9% |
| Total equity and liabilities | 10/49 | €427,660 | €408,972 | -€18,689 | -4.4% |
| Equity | 10/15 | €318,815 | €346,960 | +€28,145 | +8.8% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €275,253 | €275,253 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,873 | €0 | -€7,873 | -100.0% |
| Reserves not available under the articles | 1311 | €7,873 | €0 | -€7,873 | -100.0% |
| Tax-exempt reserves | 132 | €27,163 | €27,163 | = | 0.0% |
| Distributable reserves | 133 | €240,218 | €248,090 | +€7,873 | +3.3% |
| Profit (loss) carried forward | 14 | -€456,438 | -€428,294 | +€28,145 | +6.2% |
| Amounts payable | 17/49 | €108,845 | €62,012 | -€46,833 | -43.0% |
| Amounts payable within one year | 42/48 | €108,845 | €62,012 | -€46,833 | -43.0% |
| Trade debts | 44 | €27,215 | €7,867 | -€19,348 | -71.1% |
| Suppliers | 440/4 | €27,215 | €7,867 | -€19,348 | -71.1% |
| Taxes, remuneration and social security | 45 | €7,901 | €4,579 | -€3,322 | -42.0% |
| Taxes | 450/3 | €7,901 | €4,579 | -€3,322 | -42.0% |
| Other amounts payable | 47/48 | €73,729 | €49,566 | -€24,163 | -32.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €19,910 | €0 | -€19,910 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,350 | €71,802 | +€33,452 | +87.2% |
| Other operating charges | 640/8 | €553 | €708 | +€155 | +28.0% |
| Gross operating margin | 9900 | €63,150 | €99,822 | +€36,673 | +58.1% |
| Operating profit (loss) | 9901 | €24,246 | €27,312 | +€3,065 | +12.6% |
| Financial income | 75/76B | €0 | €927 | +€927 | +579100.0% |
| Recurring financial income | 75 | €0 | €927 | +€927 | +579100.0% |
| Financial charges | 65/66B | €257 | €94 | -€163 | -63.6% |
| Recurring financial charges | 65 | €257 | €94 | -€163 | -63.6% |
| Profit (loss) for the period before taxes | 9903 | €23,989 | €28,145 | +€4,155 | +17.3% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -100.0% |
| Profit (loss) for the period | 9904 | €23,989 | €28,145 | +€4,155 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,989 | €28,145 | +€4,155 | +17.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.