TOMBSTONE: 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.
TOMBSTONE
Largest movements
- Tangible fixed assets -€18,886
down €18,886 (-17.0%), from €111,298 to €92,412
of which Furniture and vehicles: -€13,687
- Other debts -€34,322
down €34,322 (-13.7%), from €251,347 to €217,026
- Reserves +€16,098
up €16,098 (+5.8%), from €276,195 to €292,293
of which Distributable reserves: +€16,098
- Gross operating margin -€8,154
down €8,154 (-12.3%), from €66,202 to €58,048
- Taxes -€1,820
down €1,820 (-10.4%), from €17,551 to €15,730
- Depreciation +€1,734
up €1,734 (+8.0%), from €21,736 to €23,470
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 | €833,011 | €813,135 | -€19,876 | -2.4% |
| Fixed assets | 21/28 | €253,675 | €234,789 | -€18,886 | -7.4% |
| Tangible fixed assets | 22/27 | €111,298 | €92,412 | -€18,886 | -17.0% |
| Land and buildings | 22 | €44,555 | €39,355 | -€5,200 | -11.7% |
| Furniture and vehicles | 24 | €48,478 | €34,792 | -€13,687 | -28.2% |
| Other tangible fixed assets | 26 | €18,265 | €18,265 | = | 0.0% |
| Financial fixed assets | 28 | €142,377 | €142,377 | = | 0.0% |
| Current assets | 29/58 | €579,336 | €578,347 | -€989 | -0.2% |
| Current investments | 50/53 | €572,954 | €572,954 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,982 | €4,534 | -€447 | -9.0% |
| Deferred charges and accrued income | 490/1 | €1,401 | €859 | -€542 | -38.7% |
| Total equity and liabilities | 10/49 | €833,011 | €813,135 | -€19,876 | -2.4% |
| Equity | 10/15 | €561,699 | €577,797 | +€16,098 | +2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €276,195 | €292,293 | +€16,098 | +5.8% |
| Non-distributable reserves | 130/1 | €3,405 | €3,405 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,405 | €3,405 | = | 0.0% |
| Distributable reserves | 133 | €272,790 | €288,888 | +€16,098 | +5.9% |
| Profit (loss) carried forward | 14 | €266,904 | €266,904 | = | 0.0% |
| Amounts payable | 17/49 | €271,312 | €235,339 | -€35,973 | -13.3% |
| Amounts payable within one year | 42/48 | €271,087 | €235,114 | -€35,973 | -13.3% |
| Trade debts | 44 | €1,221 | €922 | -€299 | -24.5% |
| Suppliers | 440/4 | €1,221 | €922 | -€299 | -24.5% |
| Taxes, remuneration and social security | 45 | €18,519 | €17,166 | -€1,353 | -7.3% |
| Taxes | 450/3 | €18,519 | €17,166 | -€1,353 | -7.3% |
| Other amounts payable | 47/48 | €251,347 | €217,026 | -€34,322 | -13.7% |
| Accrued charges and deferred income | 492/3 | €225 | €225 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,736 | €23,470 | +€1,734 | +8.0% |
| Other operating charges | 640/8 | €2,396 | €2,469 | +€72 | +3.0% |
| Gross operating margin | 9900 | €66,202 | €58,048 | -€8,154 | -12.3% |
| Operating profit (loss) | 9901 | €42,070 | €32,109 | -€9,961 | -23.7% |
| Financial charges | 65/66B | €224 | €281 | +€57 | +25.5% |
| Recurring financial charges | 65 | €224 | €281 | +€57 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | €41,846 | €31,828 | -€10,018 | -23.9% |
| Income taxes | 67/77 | €17,551 | €15,730 | -€1,820 | -10.4% |
| Profit (loss) for the period | 9904 | €24,295 | €16,098 | -€8,198 | -33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,295 | €16,098 | -€8,198 | -33.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.