TRIPLE KEY: 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.
TRIPLE KEY
Largest movements
- Cash +€1,505
up €1,505 (+17.8%), from €8,457 to €9,962
mainly Net result for the year (+€1,425) and Trade debts (+€548)
- Reserves +€1,425
up €1,425 (+2.0%), from €70,453 to €71,878
- Gross operating margin +€1,509
up €1,509 (+99.5%), from €1,517 to €3,026
- Other operating charges +€385
up €385 (+52.3%), from €736 to €1,122
- Staff costs +€158
up €158, from -€158 to €0
- Financial charges +€84
up €84 (+21.2%), from €396 to €480
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 | €89,537 | €91,509 | +€1,972 | +2.2% |
| Current assets | 29/58 | €89,537 | €91,509 | +€1,972 | +2.2% |
| Amounts receivable within one year | 40/41 | €81,080 | €81,548 | +€468 | +0.6% |
| Trade receivables | 40 | €1,080 | €1,492 | +€412 | +38.2% |
| Other amounts receivable | 41 | €80,000 | €80,055 | +€55 | +0.1% |
| Cash at bank and in hand | 54/58 | €8,457 | €9,962 | +€1,505 | +17.8% |
| Total equity and liabilities | 10/49 | €89,537 | €91,509 | +€1,972 | +2.2% |
| Equity | 10/15 | €89,053 | €90,478 | +€1,425 | +1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,453 | €71,878 | +€1,425 | +2.0% |
| Distributable reserves | 133 | €70,453 | €71,878 | +€1,425 | +2.0% |
| Amounts payable | 17/49 | €484 | €1,032 | +€548 | +113.1% |
| Amounts payable within one year | 42/48 | €484 | €1,032 | +€548 | +113.1% |
| Trade debts | 44 | €484 | €1,032 | +€548 | +113.1% |
| Suppliers | 440/4 | €484 | €1,032 | +€548 | +113.1% |
| Remuneration, social security and pensions | 62 | -€158 | €0 | +€158 | |
| Other operating charges | 640/8 | €736 | €1,122 | +€385 | +52.3% |
| Gross operating margin | 9900 | €1,517 | €3,026 | +€1,509 | +99.5% |
| Operating profit (loss) | 9901 | €939 | €1,905 | +€966 | +102.9% |
| Financial charges | 65/66B | €396 | €480 | +€84 | +21.2% |
| Recurring financial charges | 65 | €396 | €480 | +€84 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €543 | €1,425 | +€882 | +162.6% |
| Profit (loss) for the period | 9904 | €543 | €1,425 | +€882 | +162.6% |
| Profit (loss) for the period to be appropriated | 9905 | €543 | €1,425 | +€882 | +162.6% |
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.