TROISQUATORZE 16: what changed
TROISQUATORZE 16
Largest movements
- Cash -€17,354
down €17,354 (-33.2%), from €52,206 to €34,852
mainly Debts after one year (-€21,097) and Receivables within one year (-€16,392)
- Receivables within one year +€16,392
up €16,392 (+14.7%), from €111,866 to €128,259
of which Other amounts receivable: +€22,417
- Tangible fixed assets -€11,784
down €11,784 (-3.5%), from €340,863 to €329,079
of which Land and buildings: -€7,703
- Reserves +€30,500
up €30,500 (+12.7%), from €240,860 to €271,360
- Debts after one year -€21,097
down €21,097 (-15.1%), from €139,348 to €118,250
- Trade debts -€15,876
down €15,876 (-99.1%), from €16,025 to €149
- Gross operating margin -€49,991
down €49,991 (-41.7%), from €119,890 to €69,898
- Depreciation -€20,750
down €20,750 (-48.5%), from €42,760 to €22,009
- Taxes -€5,267
down €5,267 (-28.4%), from €18,552 to €13,285
- Staff costs -€4,536
no longer reported in 2025 (was €4,536)
- Financial income +€3,019
up €3,019 (+270%), from €1,118 to €4,136
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €507,592 | €498,846 | -€8,745 | -1.7% |
| Fixed assets | 21/28 | €342,401 | €329,848 | -€12,553 | -3.7% |
| Intangible fixed assets | 21 | €1,538 | €769 | -€769 | -50.0% |
| Tangible fixed assets | 22/27 | €340,863 | €329,079 | -€11,784 | -3.5% |
| Land and buildings | 22 | €323,654 | €315,951 | -€7,703 | -2.4% |
| Furniture and vehicles | 24 | €14,725 | €11,133 | -€3,591 | -24.4% |
| Other tangible fixed assets | 26 | €2,485 | €1,995 | -€490 | -19.7% |
| Current assets | 29/58 | €165,190 | €168,998 | +€3,808 | +2.3% |
| Amounts receivable within one year | 40/41 | €111,866 | €128,259 | +€16,392 | +14.7% |
| Trade receivables | 40 | €47,366 | €41,342 | -€6,025 | -12.7% |
| Other amounts receivable | 41 | €64,500 | €86,917 | +€22,417 | +34.8% |
| Cash at bank and in hand | 54/58 | €52,206 | €34,852 | -€17,354 | -33.2% |
| Deferred charges and accrued income | 490/1 | €1,118 | €5,887 | +€4,770 | +427% |
| Total equity and liabilities | 10/49 | €507,592 | €498,846 | -€8,745 | -1.7% |
| Equity | 10/15 | €297,010 | €328,290 | +€31,280 | +10.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €240,860 | €271,360 | +€30,500 | +12.7% |
| Distributable reserves | 133 | €240,860 | €271,360 | +€30,500 | +12.7% |
| Profit (loss) carried forward | 14 | €37,550 | €38,330 | +€780 | +2.1% |
| Amounts payable | 17/49 | €210,582 | €170,556 | -€40,025 | -19.0% |
| Amounts payable after more than one year | 17 | €139,348 | €118,250 | -€21,097 | -15.1% |
| Financial debts | 170/4 | €139,348 | €118,250 | -€21,097 | -15.1% |
| Amounts payable within one year | 42/48 | €71,234 | €52,306 | -€18,928 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €24,607 | €21,097 | -€3,510 | -14.3% |
| Trade debts | 44 | €16,025 | €149 | -€15,876 | -99.1% |
| Suppliers | 440/4 | €16,025 | €149 | -€15,876 | -99.1% |
| Taxes, remuneration and social security | 45 | €30,602 | €31,059 | +€457 | +1.5% |
| Taxes | 450/3 | €30,602 | €31,059 | +€457 | +1.5% |
| Remuneration, social security and pensions | 62 | €4,536 | - | -€4,536 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,760 | €22,009 | -€20,750 | -48.5% |
| Other operating charges | 640/8 | €6,178 | €4,494 | -€1,684 | -27.3% |
| Gross operating margin | 9900 | €119,890 | €69,898 | -€49,991 | -41.7% |
| Operating profit (loss) | 9901 | €66,417 | €43,395 | -€23,022 | -34.7% |
| Financial income | 75/76B | €1,118 | €4,136 | +€3,019 | +270% |
| Recurring financial income | 75 | €1,118 | €4,136 | +€3,019 | +270% |
| Financial charges | 65/66B | €3,650 | €2,966 | -€684 | -18.7% |
| Recurring financial charges | 65 | €3,650 | €2,966 | -€684 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €63,885 | €44,565 | -€19,319 | -30.2% |
| Income taxes | 67/77 | €18,552 | €13,285 | -€5,267 | -28.4% |
| Profit (loss) for the period | 9904 | €45,332 | €31,280 | -€14,052 | -31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,332 | €31,280 | -€14,052 | -31.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.