TAKE-OFF BVBA: 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.
TAKE-OFF BVBA
Largest movements
- Tangible fixed assets -€33,276
down €33,276 (-6.3%), from €530,457 to €497,181
of which Land and buildings: -€19,314
- Receivables within one year -€9,426
down €9,426 (-97.1%), from €9,707 to €281
of which Other amounts receivable: -€5,033
- Debts after one year -€41,429
down €41,429 (-13.6%), from €304,694 to €263,265
- Other debts +€13,425
new in 2025: €13,425
- Reserves -€9,264
down €9,264 (-7.9%), from €116,608 to €107,344
of which Distributable reserves: -€10,371
- Gross operating margin -€10,721
down €10,721 (-23.0%), from €46,710 to €35,989
- Financial charges +€3,552
up €3,552 (+42.2%), from €8,425 to €11,977
- Taxes -€2,770
no longer reported in 2025 (was €2,770)
- Depreciation +€988
up €988 (+3.1%), from €32,288 to €33,276
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.
Derived cash bridge
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 | €543,648 | €507,030 | -€36,618 | -6.7% |
| Fixed assets | 21/28 | €530,457 | €497,181 | -€33,276 | -6.3% |
| Tangible fixed assets | 22/27 | €530,457 | €497,181 | -€33,276 | -6.3% |
| Land and buildings | 22 | €471,556 | €452,242 | -€19,314 | -4.1% |
| Furniture and vehicles | 24 | €58,901 | €44,939 | -€13,962 | -23.7% |
| Current assets | 29/58 | €13,191 | €9,849 | -€3,342 | -25.3% |
| Amounts receivable within one year | 40/41 | €9,707 | €281 | -€9,426 | -97.1% |
| Trade receivables | 40 | €4,674 | €281 | -€4,393 | -94.0% |
| Other amounts receivable | 41 | €5,033 | - | -€5,033 | |
| Cash at bank and in hand | 54/58 | €1,546 | €4,278 | +€2,732 | +177% |
| Deferred charges and accrued income | 490/1 | €1,938 | €5,290 | +€3,352 | +173% |
| Total equity and liabilities | 10/49 | €543,648 | €507,030 | -€36,618 | -6.7% |
| Equity | 10/15 | €122,808 | €113,544 | -€9,264 | -7.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €116,608 | €107,344 | -€9,264 | -7.9% |
| Tax-exempt reserves | 132 | €1,385 | €2,492 | +€1,107 | +79.9% |
| Distributable reserves | 133 | €115,223 | €104,852 | -€10,371 | -9.0% |
| Amounts payable | 17/49 | €420,840 | €393,486 | -€27,354 | -6.5% |
| Amounts payable after more than one year | 17 | €304,694 | €263,265 | -€41,429 | -13.6% |
| Financial debts | 170/4 | €304,694 | €263,265 | -€41,429 | -13.6% |
| Amounts payable within one year | 42/48 | €116,146 | €130,221 | +€14,075 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €40,504 | €41,429 | +€925 | +2.3% |
| Trade debts | 44 | €74,036 | €70,299 | -€3,737 | -5.0% |
| Suppliers | 440/4 | €74,036 | €70,299 | -€3,737 | -5.0% |
| Taxes, remuneration and social security | 45 | €1,606 | €5,068 | +€3,462 | +216% |
| Taxes | 450/3 | €1,606 | €5,068 | +€3,462 | +216% |
| Other amounts payable | 47/48 | - | €13,425 | +€13,425 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,288 | €33,276 | +€988 | +3.1% |
| Gross operating margin | 9900 | €46,710 | €35,989 | -€10,721 | -23.0% |
| Operating profit (loss) | 9901 | €14,422 | €2,713 | -€11,709 | -81.2% |
| Financial charges | 65/66B | €8,425 | €11,977 | +€3,552 | +42.2% |
| Recurring financial charges | 65 | €8,425 | €11,977 | +€3,552 | +42.2% |
| Profit (loss) for the period before taxes | 9903 | €5,997 | -€9,264 | -€15,261 | |
| Income taxes | 67/77 | €2,770 | - | -€2,770 | |
| Profit (loss) for the period | 9904 | €3,227 | -€9,264 | -€12,491 | |
| Transfer to tax-exempt reserves | 689 | €1,107 | €1,107 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,120 | -€10,371 | -€12,491 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.