TRADITION: 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.
TRADITION
Largest movements
- Tangible fixed assets -€13,873
down €13,873 (-6.4%), from €215,729 to €201,856
- Profit (loss) carried forward -€8,426
down €8,426 (-49.0%), from -€17,188 to -€25,614
- Other debts -€5,868
down €5,868 (-3.5%), from €169,442 to €163,574
- Other operating charges -€535
down €535 (-20.1%), from €2,667 to €2,132
- Gross operating margin -€107
down €107 (-1.4%), from €7,755 to €7,648
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 | €216,990 | €202,696 | -€14,293 | -6.6% |
| Fixed assets | 21/28 | €215,729 | €201,856 | -€13,873 | -6.4% |
| Tangible fixed assets | 22/27 | €215,729 | €201,856 | -€13,873 | -6.4% |
| Land and buildings | 22 | €215,729 | €201,856 | -€13,873 | -6.4% |
| Current assets | 29/58 | €1,261 | €841 | -€420 | -33.3% |
| Cash at bank and in hand | 54/58 | €960 | €524 | -€436 | -45.4% |
| Deferred charges and accrued income | 490/1 | €301 | €317 | +€16 | +5.3% |
| Total equity and liabilities | 10/49 | €216,990 | €202,696 | -€14,293 | -6.6% |
| Equity | 10/15 | €47,541 | €39,115 | -€8,426 | -17.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €3,229 | €3,229 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,229 | €3,229 | = | 0.0% |
| Legal reserve | 130 | €3,229 | €3,229 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,188 | -€25,614 | -€8,426 | -49.0% |
| Amounts payable | 17/49 | €169,449 | €163,581 | -€5,868 | -3.5% |
| Amounts payable within one year | 42/48 | €169,442 | €163,574 | -€5,868 | -3.5% |
| Other amounts payable | 47/48 | €169,442 | €163,574 | -€5,868 | -3.5% |
| Accrued charges and deferred income | 492/3 | €6 | €7 | +€0 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,873 | €13,873 | = | 0.0% |
| Other operating charges | 640/8 | €2,667 | €2,132 | -€535 | -20.1% |
| Gross operating margin | 9900 | €7,755 | €7,648 | -€107 | -1.4% |
| Operating profit (loss) | 9901 | -€8,785 | -€8,357 | +€428 | +4.9% |
| Financial charges | 65/66B | €77 | €68 | -€9 | -11.7% |
| Recurring financial charges | 65 | €77 | €68 | -€9 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,863 | -€8,426 | +€437 | +4.9% |
| Profit (loss) for the period | 9904 | -€8,863 | -€8,426 | +€437 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,863 | -€8,426 | +€437 | +4.9% |
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 3 October 2026 via checked.be.