Typeface: 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.
Typeface
Largest movements
- Cash +€16,293
up €16,293 (+55.3%), from €29,458 to €45,751
mainly Receivables within one year (+€16,043) and Net result for the year (+€13,712)
- Receivables within one year -€16,043
down €16,043 (-84.9%), from €18,886 to €2,843
of which Trade receivables: -€16,369
- Tangible fixed assets +€11,225
up €11,225 (+12.9%), from €87,044 to €98,269
of which Land and buildings: +€8,507
- Reserves +€12,046
up €12,046 (+426.3%), from €2,826 to €14,872
of which Distributable reserves: +€11,304
- Gross operating margin -€20,293
down €20,293 (-43.3%), from €46,850 to €26,556
- Depreciation +€1,174
up €1,174 (+14.5%), from €8,098 to €9,273
- Taxes +€1,130
new in 2025: €1,130
- Other operating charges +€517
up €517 (+18.4%), from €2,812 to €3,329
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 | €171,087 | €182,405 | +€11,317 | +6.6% |
| Fixed assets | 21/28 | €87,044 | €98,269 | +€11,225 | +12.9% |
| Tangible fixed assets | 22/27 | €87,044 | €98,269 | +€11,225 | +12.9% |
| Land and buildings | 22 | €83,319 | €91,826 | +€8,507 | +10.2% |
| Plant, machinery and equipment | 23 | - | €621 | +€621 | |
| Furniture and vehicles | 24 | €3,724 | €5,822 | +€2,098 | +56.3% |
| Current assets | 29/58 | €84,043 | €84,136 | +€92 | +0.1% |
| Amounts receivable within one year | 40/41 | €18,886 | €2,843 | -€16,043 | -84.9% |
| Trade receivables | 40 | €18,600 | €2,230 | -€16,369 | -88.0% |
| Other amounts receivable | 41 | €286 | €613 | +€326 | +114.0% |
| Current investments | 50/53 | €35,000 | €35,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,458 | €45,751 | +€16,293 | +55.3% |
| Deferred charges and accrued income | 490/1 | €700 | €542 | -€158 | -22.6% |
| Total equity and liabilities | 10/49 | €171,087 | €182,405 | +€11,317 | +6.6% |
| Equity | 10/15 | €64,799 | €76,845 | +€12,046 | +18.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €2,826 | €14,872 | +€12,046 | +426.3% |
| Non-distributable reserves | 130/1 | €2,017 | €2,759 | +€742 | +36.8% |
| Legal reserve | 130 | €2,017 | €2,759 | +€742 | +36.8% |
| Distributable reserves | 133 | €809 | €12,113 | +€11,304 | +1397.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €106,288 | €105,559 | -€729 | -0.7% |
| Amounts payable within one year | 42/48 | €106,172 | €105,517 | -€656 | -0.6% |
| Trade debts | 44 | €0 | €283 | +€283 | |
| Suppliers | 440/4 | €0 | €283 | +€283 | |
| Taxes, remuneration and social security | 45 | €1,256 | €1,429 | +€173 | +13.8% |
| Taxes | 450/3 | €1,256 | €1,429 | +€173 | +13.8% |
| Other amounts payable | 47/48 | €104,917 | €103,805 | -€1,112 | -1.1% |
| Accrued charges and deferred income | 492/3 | €116 | €43 | -€73 | -62.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,098 | €9,273 | +€1,174 | +14.5% |
| Other operating charges | 640/8 | €2,812 | €3,329 | +€517 | +18.4% |
| Gross operating margin | 9900 | €46,850 | €26,556 | -€20,293 | -43.3% |
| Operating profit (loss) | 9901 | €35,939 | €13,955 | -€21,984 | -61.2% |
| Financial income | 75/76B | €955 | €1,098 | +€143 | +14.9% |
| Recurring financial income | 75 | €955 | €1,098 | +€143 | +14.9% |
| Financial charges | 65/66B | €178 | €210 | +€32 | +18.2% |
| Recurring financial charges | 65 | €178 | €210 | +€32 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €36,716 | €14,842 | -€21,874 | -59.6% |
| Income taxes | 67/77 | - | €1,130 | +€1,130 | |
| Profit (loss) for the period | 9904 | €36,716 | €13,712 | -€23,005 | -62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,716 | €13,712 | -€23,005 | -62.7% |
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 2 October 2026 via checked.be.