THIRD PARTY ENVIRONMENTAL: 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.
THIRD PARTY ENVIRONMENTAL
Largest movements
- Cash +€41,881
up €41,881 (+154.7%), from €27,077 to €68,959
mainly Net result for the year (+€38,648) and Tax, wage and social debts (+€7,496)
- Receivables within one year +€4,714
new in 2025: €4,714
- Reserves +€38,648
up €38,648 (+368.2%), from €10,497 to €49,144
- Tax, wage and social debts +€7,496
up €7,496 (+163.8%), from €4,576 to €12,072
- Trade debts -€1,323
down €1,323 (-73.1%), from €1,810 to €487
- Other debts +€1,094
up €1,094 (+102.9%), from €1,063 to €2,156
- Gross operating margin +€37,394
up €37,394 (+276.8%), from €13,508 to €50,902
- Taxes +€7,562
up €7,562 (+285.5%), from €2,649 to €10,212
- Other operating charges +€1,491
up €1,491 (+1491.2%), from €100 to €1,591
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 | €27,946 | €74,180 | +€46,234 | +165.4% |
| Fixed assets | 21/28 | €869 | €507 | -€362 | -41.6% |
| Tangible fixed assets | 22/27 | €869 | €507 | -€362 | -41.6% |
| Furniture and vehicles | 24 | €869 | €507 | -€362 | -41.6% |
| Current assets | 29/58 | €27,077 | €73,673 | +€46,596 | +172.1% |
| Amounts receivable within one year | 40/41 | - | €4,714 | +€4,714 | |
| Trade receivables | 40 | - | €4,714 | +€4,714 | |
| Cash at bank and in hand | 54/58 | €27,077 | €68,959 | +€41,881 | +154.7% |
| Total equity and liabilities | 10/49 | €27,946 | €74,180 | +€46,234 | +165.4% |
| Equity | 10/15 | €20,497 | €59,144 | +€38,648 | +188.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €10,497 | €49,144 | +€38,648 | +368.2% |
| Distributable reserves | 133 | €10,497 | €49,144 | +€38,648 | +368.2% |
| Amounts payable | 17/49 | €7,450 | €15,036 | +€7,586 | +101.8% |
| Amounts payable within one year | 42/48 | €7,450 | €14,716 | +€7,266 | +97.5% |
| Trade debts | 44 | €1,810 | €487 | -€1,323 | -73.1% |
| Suppliers | 440/4 | €1,810 | €487 | -€1,323 | -73.1% |
| Taxes, remuneration and social security | 45 | €4,576 | €12,072 | +€7,496 | +163.8% |
| Taxes | 450/3 | €4,576 | €12,072 | +€7,496 | +163.8% |
| Other amounts payable | 47/48 | €1,063 | €2,156 | +€1,094 | +102.9% |
| Accrued charges and deferred income | 492/3 | - | €320 | +€320 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216 | €362 | +€146 | +67.4% |
| Other operating charges | 640/8 | €100 | €1,591 | +€1,491 | +1491.2% |
| Gross operating margin | 9900 | €13,508 | €50,902 | +€37,394 | +276.8% |
| Operating profit (loss) | 9901 | €13,192 | €48,949 | +€35,757 | +271.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €46 | €91 | +€44 | +95.8% |
| Recurring financial charges | 65 | €46 | €91 | +€44 | +95.8% |
| Profit (loss) for the period before taxes | 9903 | €13,146 | €48,859 | +€35,714 | +271.7% |
| Income taxes | 67/77 | €2,649 | €10,212 | +€7,562 | +285.5% |
| Profit (loss) for the period | 9904 | €10,497 | €38,648 | +€28,151 | +268.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,497 | €38,648 | +€28,151 | +268.2% |
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 6 October 2026 via checked.be.