@takx: 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.
@takx
Largest movements
- Receivables within one year +€43,262
up €43,262 (+10.1%), from €428,156 to €471,418
of which Trade receivables: +€69,042
- Cash -€15,281
down €15,281 (-64.1%), from €23,832 to €8,551
mainly Contributions, distributions and other (-€50,000) and Receivables within one year (-€43,262)
- Tangible fixed assets -€6,014
down €6,014 (-32.1%), from €18,712 to €12,698
of which Furniture and vehicles: -€5,582
- Other debts +€41,361
up €41,361 (+10.8%), from €382,530 to €423,891
- Tax, wage and social debts -€17,268
down €17,268 (-28.1%), from €61,345 to €44,077
- Gross operating margin -€177,717
down €177,717 (-58.1%), from €306,028 to €128,311
- Taxes +€67,054
up €67,054 (+1,118%), from €5,997 to €73,051
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 | €474,546 | €496,516 | +€21,970 | +4.6% |
| Fixed assets | 21/28 | €22,462 | €16,448 | -€6,014 | -26.8% |
| Tangible fixed assets | 22/27 | €18,712 | €12,698 | -€6,014 | -32.1% |
| Furniture and vehicles | 24 | €16,159 | €10,577 | -€5,582 | -34.5% |
| Other tangible fixed assets | 26 | €2,553 | €2,121 | -€432 | -16.9% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €452,084 | €480,068 | +€27,984 | +6.2% |
| Amounts receivable within one year | 40/41 | €428,156 | €471,418 | +€43,262 | +10.1% |
| Trade receivables | 40 | €402,376 | €471,418 | +€69,042 | +17.2% |
| Other amounts receivable | 41 | €25,780 | - | -€25,780 | |
| Cash at bank and in hand | 54/58 | €23,832 | €8,551 | -€15,281 | -64.1% |
| Deferred charges and accrued income | 490/1 | €96 | €99 | +€3 | +3.1% |
| Total equity and liabilities | 10/49 | €474,546 | €496,516 | +€21,970 | +4.6% |
| Equity | 10/15 | €24,345 | €21,071 | -€3,274 | -13.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,885 | €611 | -€3,274 | -84.3% |
| Amounts payable | 17/49 | €450,201 | €475,445 | +€25,244 | +5.6% |
| Amounts payable within one year | 42/48 | €444,833 | €468,353 | +€23,520 | +5.3% |
| Trade debts | 44 | €958 | €385 | -€573 | -59.8% |
| Suppliers | 440/4 | €958 | €385 | -€573 | -59.8% |
| Taxes, remuneration and social security | 45 | €61,345 | €44,077 | -€17,268 | -28.1% |
| Taxes | 450/3 | €61,345 | €44,077 | -€17,268 | -28.1% |
| Other amounts payable | 47/48 | €382,530 | €423,891 | +€41,361 | +10.8% |
| Accrued charges and deferred income | 492/3 | €5,368 | €7,092 | +€1,724 | +32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,142 | €6,014 | -€128 | -2.1% |
| Other operating charges | 640/8 | €293 | €368 | +€75 | +25.6% |
| Gross operating margin | 9900 | €306,028 | €128,311 | -€177,717 | -58.1% |
| Operating profit (loss) | 9901 | €299,593 | €121,929 | -€177,664 | -59.3% |
| Financial charges | 65/66B | €2,757 | €2,152 | -€605 | -21.9% |
| Recurring financial charges | 65 | €2,757 | €2,152 | -€605 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €296,836 | €119,777 | -€177,059 | -59.6% |
| Income taxes | 67/77 | €5,997 | €73,051 | +€67,054 | +1,118% |
| Profit (loss) for the period | 9904 | €290,839 | €46,726 | -€244,113 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €290,839 | €46,726 | -€244,113 | -83.9% |
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 19 October 2026 via checked.be.