The Break Away: what changed
The Break Away
Largest movements
- Cash -€32,720
down €32,720 (-38.0%), from €86,188 to €53,468
mainly Contributions, distributions and other (-€200,000) and Tax, wage and social debts (-€17,088)
- Receivables within one year -€14,569
down €14,569 (-52.7%), from €27,625 to €13,056
of which Trade receivables: -€15,351
- Tangible fixed assets +€3,715
up €3,715 (+17.1%), from €21,698 to €25,413
of which Plant, machinery and equipment: +€11,881
- Reserves -€32,534
down €32,534 (-24.8%), from €131,241 to €98,707
- Tax, wage and social debts -€17,088
down €17,088 (-51.2%), from €33,362 to €16,274
of which Taxes: -€17,274
- Trade debts +€13,233
up €13,233 (+6,541%), from €202 to €13,435
- Other debts -€5,526
down €5,526 (-36.3%), from €15,231 to €9,706
- Short-term financial debts -€2,305
down €2,305 (-97.4%), from €2,367 to €62
- Gross operating margin +€155,761
up €155,761 (+107%), from €145,174 to €300,936
- Taxes +€40,441
up €40,441 (+226%), from €17,921 to €58,362
- Staff costs +€8,339
up €8,339 (+16.2%), from €51,585 to €59,925
- Depreciation +€5,351
up €5,351 (+78.6%), from €6,810 to €12,161
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €186,266 | €142,720 | -€43,546 | -23.4% |
| Fixed assets | 21/28 | €21,698 | €25,413 | +€3,715 | +17.1% |
| Tangible fixed assets | 22/27 | €21,698 | €25,413 | +€3,715 | +17.1% |
| Plant, machinery and equipment | 23 | - | €11,881 | +€11,881 | |
| Furniture and vehicles | 24 | €21,698 | €13,532 | -€8,167 | -37.6% |
| Current assets | 29/58 | €164,567 | €117,307 | -€47,261 | -28.7% |
| Amounts receivable within one year | 40/41 | €27,625 | €13,056 | -€14,569 | -52.7% |
| Trade receivables | 40 | €15,351 | €0 | -€15,351 | -100% |
| Other amounts receivable | 41 | €12,274 | €13,056 | +€782 | +6.4% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €86,188 | €53,468 | -€32,720 | -38.0% |
| Deferred charges and accrued income | 490/1 | €754 | €783 | +€28 | +3.7% |
| Total equity and liabilities | 10/49 | €186,266 | €142,720 | -€43,546 | -23.4% |
| Equity | 10/15 | €133,741 | €101,207 | -€32,534 | -24.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €131,241 | €98,707 | -€32,534 | -24.8% |
| Distributable reserves | 133 | €131,241 | €98,707 | -€32,534 | -24.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,525 | €41,513 | -€11,012 | -21.0% |
| Amounts payable within one year | 42/48 | €51,163 | €39,476 | -€11,686 | -22.8% |
| Financial debts | 43 | €2,367 | €62 | -€2,305 | -97.4% |
| Credit institutions | 430/8 | €2,367 | €62 | -€2,305 | -97.4% |
| Trade debts | 44 | €202 | €13,435 | +€13,233 | +6,541% |
| Suppliers | 440/4 | €202 | €13,435 | +€13,233 | +6,541% |
| Taxes, remuneration and social security | 45 | €33,362 | €16,274 | -€17,088 | -51.2% |
| Taxes | 450/3 | €25,635 | €8,362 | -€17,274 | -67.4% |
| Remuneration and social security | 454/9 | €7,727 | €7,912 | +€185 | +2.4% |
| Other amounts payable | 47/48 | €15,231 | €9,706 | -€5,526 | -36.3% |
| Accrued charges and deferred income | 492/3 | €1,362 | €2,036 | +€674 | +49.5% |
| Remuneration, social security and pensions | 62 | €51,585 | €59,925 | +€8,339 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,810 | €12,161 | +€5,351 | +78.6% |
| Other operating charges | 640/8 | €1,459 | €1,155 | -€303 | -20.8% |
| Gross operating margin | 9900 | €145,174 | €300,936 | +€155,761 | +107% |
| Operating profit (loss) | 9901 | €85,320 | €227,695 | +€142,375 | +167% |
| Financial income | 75/76B | €1,417 | €27 | -€1,390 | -98.1% |
| Recurring financial income | 75 | €1,417 | €27 | -€1,390 | -98.1% |
| Financial charges | 65/66B | €1,511 | €1,894 | +€383 | +25.3% |
| Recurring financial charges | 65 | €1,511 | €1,894 | +€383 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €85,226 | €225,828 | +€140,602 | +165% |
| Income taxes | 67/77 | €17,921 | €58,362 | +€40,441 | +226% |
| Profit (loss) for the period | 9904 | €67,305 | €167,466 | +€100,161 | +149% |
| Profit (loss) for the period to be appropriated | 9905 | €67,305 | €167,466 | +€100,161 | +149% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.