TALK: 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.
TALK
Largest movements
- Tangible fixed assets -€13,825
down €13,825 (-4.7%), from €295,030 to €281,205
- Other debts +€17,409
up €17,409 (+10.5%), from €165,297 to €182,706
- Profit (loss) carried forward -€16,548
down €16,548 (-217.6%), from -€7,604 to -€24,152
- Debts after one year -€9,746
down €9,746 (-9.9%), from €98,431 to €88,686
- Trade debts -€7,313
down €7,313 (-64.3%), from €11,371 to €4,058
- Taxes -€4,108
down €4,108 (-100.0%), from €4,108 to €0
- Gross operating margin +€3,103
up €3,103 (+87.2%), from €3,558 to €6,661
- Other operating charges -€2,182
down €2,182 (-36.6%), from €5,957 to €3,775
- Financial charges -€219
down €219 (-3.7%), from €5,904 to €5,685
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 | €298,812 | €282,383 | -€16,428 | -5.5% |
| Fixed assets | 21/28 | €295,030 | €281,205 | -€13,825 | -4.7% |
| Tangible fixed assets | 22/27 | €295,030 | €281,205 | -€13,825 | -4.7% |
| Land and buildings | 22 | €295,030 | €281,205 | -€13,825 | -4.7% |
| Current assets | 29/58 | €3,782 | €1,179 | -€2,603 | -68.8% |
| Amounts receivable within one year | 40/41 | €1,519 | €51 | -€1,467 | -96.6% |
| Other amounts receivable | 41 | €1,519 | €51 | -€1,467 | -96.6% |
| Cash at bank and in hand | 54/58 | €2,150 | €953 | -€1,196 | -55.7% |
| Deferred charges and accrued income | 490/1 | €113 | €174 | +€61 | +53.6% |
| Total equity and liabilities | 10/49 | €298,812 | €282,383 | -€16,428 | -5.5% |
| Equity | 10/15 | €10,996 | -€5,552 | -€16,548 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€7,604 | -€24,152 | -€16,548 | -217.6% |
| Amounts payable | 17/49 | €287,816 | €287,935 | +€119 | 0.0% |
| Amounts payable after more than one year | 17 | €98,431 | €88,686 | -€9,746 | -9.9% |
| Financial debts | 170/4 | €98,431 | €88,686 | -€9,746 | -9.9% |
| Amounts payable within one year | 42/48 | €186,255 | €196,510 | +€10,255 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €9,587 | €9,746 | +€159 | +1.7% |
| Trade debts | 44 | €11,371 | €4,058 | -€7,313 | -64.3% |
| Suppliers | 440/4 | €11,371 | €4,058 | -€7,313 | -64.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €165,297 | €182,706 | +€17,409 | +10.5% |
| Accrued charges and deferred income | 492/3 | €3,129 | €2,739 | -€390 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,825 | €13,825 | = | 0.0% |
| Other operating charges | 640/8 | €5,957 | €3,775 | -€2,182 | -36.6% |
| Gross operating margin | 9900 | €3,558 | €6,661 | +€3,103 | +87.2% |
| Operating profit (loss) | 9901 | -€16,224 | -€10,939 | +€5,285 | +32.6% |
| Financial income | 75/76B | €21 | €77 | +€56 | +266.0% |
| Recurring financial income | 75 | €21 | €77 | +€56 | +266.0% |
| Financial charges | 65/66B | €5,904 | €5,685 | -€219 | -3.7% |
| Recurring financial charges | 65 | €5,904 | €5,685 | -€219 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€22,108 | -€16,548 | +€5,560 | +25.1% |
| Income taxes | 67/77 | €4,108 | €0 | -€4,108 | -100.0% |
| Profit (loss) for the period | 9904 | -€26,216 | -€16,548 | +€9,668 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,216 | -€16,548 | +€9,668 | +36.9% |
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 29 September 2026 via checked.be.