TEN YARDS: 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.
TEN YARDS
Largest movements
- Tangible fixed assets -€8,538
down €8,538 (-2.3%), from €375,491 to €366,953
- Receivables within one year +€4,302
up €4,302 (+213%), from €2,015 to €6,317
of which Other amounts receivable: +€2,487
- Debts after one year -€7,377
down €7,377 (-2.8%), from €263,682 to €256,305
of which Financial debts: -€8,882
- Financial charges -€1,684
down €1,684 (-12.1%), from €13,905 to €12,221
- Depreciation +€926
up €926 (+4.6%), from €20,138 to €21,063
- Other operating charges +€722
up €722 (+21.0%), from €3,439 to €4,162
- Financial income +€455
up €455 (+112%), from €405 to €860
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 | €390,818 | €386,950 | -€3,868 | -1.0% |
| Fixed assets | 21/28 | €375,491 | €366,953 | -€8,538 | -2.3% |
| Tangible fixed assets | 22/27 | €375,491 | €366,953 | -€8,538 | -2.3% |
| Land and buildings | 22 | €375,491 | €366,953 | -€8,538 | -2.3% |
| Current assets | 29/58 | €15,327 | €19,996 | +€4,669 | +30.5% |
| Amounts receivable within one year | 40/41 | €2,015 | €6,317 | +€4,302 | +213% |
| Trade receivables | 40 | €474 | €2,289 | +€1,815 | +383% |
| Other amounts receivable | 41 | €1,541 | €4,028 | +€2,487 | +161% |
| Cash at bank and in hand | 54/58 | €5,836 | €6,076 | +€240 | +4.1% |
| Deferred charges and accrued income | 490/1 | €7,476 | €7,604 | +€128 | +1.7% |
| Total equity and liabilities | 10/49 | €390,818 | €386,950 | -€3,868 | -1.0% |
| Equity | 10/15 | €113,255 | €112,731 | -€524 | -0.5% |
| Contributions | 10/11 | €107,834 | €107,834 | = | 0.0% |
| Capital | 10 | €107,834 | €107,834 | = | 0.0% |
| Issued capital | 100 | €107,834 | €107,834 | = | 0.0% |
| Reserves | 13 | €22,601 | €22,601 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,114 | €5,114 | = | 0.0% |
| Legal reserve | 130 | €5,114 | €5,114 | = | 0.0% |
| Distributable reserves | 133 | €17,487 | €17,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,179 | -€17,704 | -€524 | -3.1% |
| Amounts payable | 17/49 | €277,563 | €274,219 | -€3,344 | -1.2% |
| Amounts payable after more than one year | 17 | €263,682 | €256,305 | -€7,377 | -2.8% |
| Financial debts | 170/4 | €233,311 | €224,429 | -€8,882 | -3.8% |
| Other amounts payable | 178/9 | €30,371 | €31,876 | +€1,505 | +5.0% |
| Amounts payable within one year | 42/48 | €13,036 | €17,099 | +€4,062 | +31.2% |
| Current portion of amounts payable after more than one year | 42 | €9,213 | €9,605 | +€393 | +4.3% |
| Trade debts | 44 | €0 | €124 | +€124 | |
| Suppliers | 440/4 | €0 | €124 | +€124 | |
| Advances received on contracts in progress | 46 | €574 | €574 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,161 | €5,190 | +€3,029 | +140% |
| Taxes | 450/3 | €2,161 | €5,190 | +€3,029 | +140% |
| Other amounts payable | 47/48 | €1,089 | €1,606 | +€517 | +47.5% |
| Accrued charges and deferred income | 492/3 | €845 | €815 | -€30 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,138 | €21,063 | +€926 | +4.6% |
| Other operating charges | 640/8 | €3,439 | €4,162 | +€722 | +21.0% |
| Gross operating margin | 9900 | €36,381 | €36,061 | -€319 | -0.9% |
| Operating profit (loss) | 9901 | €12,804 | €10,837 | -€1,967 | -15.4% |
| Financial income | 75/76B | €405 | €860 | +€455 | +112% |
| Recurring financial income | 75 | €405 | €860 | +€455 | +112% |
| Financial charges | 65/66B | €13,905 | €12,221 | -€1,684 | -12.1% |
| Recurring financial charges | 65 | €13,905 | €12,221 | -€1,684 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | -€696 | -€524 | +€172 | +24.7% |
| Profit (loss) for the period | 9904 | -€696 | -€524 | +€172 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€696 | -€524 | +€172 | +24.7% |
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 27 October 2026 via checked.be.