TIMELITE: 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.
TIMELITE
Largest movements
- Tangible fixed assets -€11,313
down €11,313 (-1.7%), from €660,185 to €648,872
of which Other tangible fixed assets: -€11,313
- Profit (loss) carried forward -€17,183
down €17,183 (-40.6%), from €42,374 to €25,191
- Gross operating margin -€7,476
down €7,476, from €3,352 to -€4,124
- Other operating charges +€51
up €51 (+3.1%), from €1,632 to €1,683
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 | €667,381 | €650,458 | -€16,923 | -2.5% |
| Fixed assets | 21/28 | €660,185 | €648,872 | -€11,313 | -1.7% |
| Tangible fixed assets | 22/27 | €660,185 | €648,872 | -€11,313 | -1.7% |
| Land and buildings | 22 | €636,674 | €636,674 | = | 0.0% |
| Other tangible fixed assets | 26 | €23,511 | €12,198 | -€11,313 | -48.1% |
| Current assets | 29/58 | €7,195 | €1,586 | -€5,610 | -78.0% |
| Amounts receivable within one year | 40/41 | €5,740 | - | -€5,740 | |
| Other amounts receivable | 41 | €5,740 | €0 | -€5,740 | -100.0% |
| Cash at bank and in hand | 54/58 | €862 | €1,586 | +€723 | +83.9% |
| Deferred charges and accrued income | 490/1 | €593 | - | -€593 | |
| Total equity and liabilities | 10/49 | €667,381 | €650,458 | -€16,923 | -2.5% |
| Equity | 10/15 | €667,381 | €650,198 | -€17,183 | -2.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | - | -€18,592 | |
| Share premium | 1100/10 | €18,592 | - | -€18,592 | |
| Revaluation surpluses | 12 | €534,948 | €534,948 | = | 0.0% |
| Reserves | 13 | €71,466 | €71,466 | = | 0.0% |
| Distributable reserves | 133 | €71,466 | €71,466 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,374 | €25,191 | -€17,183 | -40.6% |
| Amounts payable | 17/49 | - | €260 | +€260 | |
| Amounts payable within one year | 42/48 | - | €260 | +€260 | |
| Other amounts payable | 47/48 | - | €260 | +€260 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,314 | €11,313 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,632 | €1,683 | +€51 | +3.1% |
| Gross operating margin | 9900 | €3,352 | -€4,124 | -€7,476 | |
| Operating profit (loss) | 9901 | -€9,594 | -€17,121 | -€7,527 | -78.5% |
| Financial charges | 65/66B | €90 | €62 | -€28 | -31.6% |
| Recurring financial charges | 65 | €90 | €62 | -€28 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,684 | -€17,183 | -€7,498 | -77.4% |
| Profit (loss) for the period | 9904 | -€9,684 | -€17,183 | -€7,498 | -77.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,684 | -€17,183 | -€7,498 | -77.4% |
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 12 October 2026 via checked.be.