Uitgelijnd: what changed
Two financial 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.
Uitgelijnd
Largest movements
- Receivables within one year +€18,236
up €18,236 (+27.1%), from €67,332 to €85,568
of which Other amounts receivable: +€24,270
- Tangible fixed assets -€13,389
down €13,389 (-8.0%), from €166,766 to €153,377
of which Land and buildings: -€10,442
- Current investments -€9,242
no longer reported in 2025 (was €9,242)
- Cash +€7,328
new in 2025: €7,328
mainly Depreciation (+€14,867) and Current investments (+€9,242)
- Debts after one year -€15,012
down €15,012 (-10.5%), from €143,628 to €128,616
- Profit (loss) carried forward +€9,168
up €9,168 (+58.1%), from €15,771 to €24,939
- Tax, wage and social debts +€8,269
up €8,269 (+37.9%), from €21,840 to €30,109
- Gross operating margin +€14,883
up €14,883 (+32.8%), from €45,324 to €60,208
- Depreciation -€2,870
down €2,870 (-16.2%), from €17,737 to €14,867
- Taxes +€2,802
up €2,802 (+182%), from €1,542 to €4,344
- Financial charges +€2,534
up €2,534 (+46.1%), from €5,492 to €8,026
- Other operating charges -€665
down €665 (-16.1%), from €4,129 to €3,464
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.
Derived cash bridge
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 | €277,273 | €279,409 | +€2,136 | +0.8% |
| Fixed assets | 21/28 | €166,766 | €153,377 | -€13,389 | -8.0% |
| Tangible fixed assets | 22/27 | €166,766 | €153,377 | -€13,389 | -8.0% |
| Land and buildings | 22 | €154,440 | €143,999 | -€10,442 | -6.8% |
| Plant, machinery and equipment | 23 | €9,896 | €7,771 | -€2,125 | -21.5% |
| Furniture and vehicles | 24 | €2,430 | €1,607 | -€822 | -33.8% |
| Current assets | 29/58 | €110,507 | €126,032 | +€15,525 | +14.0% |
| Stocks and contracts in progress | 3 | €33,934 | €33,137 | -€797 | -2.3% |
| Stocks | 30/36 | €33,934 | €33,137 | -€797 | -2.3% |
| Amounts receivable within one year | 40/41 | €67,332 | €85,568 | +€18,236 | +27.1% |
| Trade receivables | 40 | €10,102 | €4,067 | -€6,034 | -59.7% |
| Other amounts receivable | 41 | €57,230 | €81,500 | +€24,270 | +42.4% |
| Current investments | 50/53 | €9,242 | - | -€9,242 | |
| Cash at bank and in hand | 54/58 | - | €7,328 | +€7,328 | |
| Total equity and liabilities | 10/49 | €277,273 | €279,409 | +€2,136 | +0.8% |
| Equity | 10/15 | €64,301 | €73,469 | +€9,168 | +14.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,930 | €29,930 | = | 0.0% |
| Non-distributable reserves | 130/1 | €930 | €930 | = | 0.0% |
| Legal reserve | 130 | €930 | €930 | = | 0.0% |
| Distributable reserves | 133 | €29,000 | €29,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,771 | €24,939 | +€9,168 | +58.1% |
| Amounts payable | 17/49 | €212,972 | €205,940 | -€7,032 | -3.3% |
| Amounts payable after more than one year | 17 | €143,628 | €128,616 | -€15,012 | -10.5% |
| Financial debts | 170/4 | €143,628 | €128,616 | -€15,012 | -10.5% |
| Amounts payable within one year | 42/48 | €67,206 | €74,903 | +€7,697 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €14,672 | €15,012 | +€340 | +2.3% |
| Financial debts | 43 | €14,497 | €14,816 | +€319 | +2.2% |
| Credit institutions | 430/8 | €14,497 | €14,816 | +€319 | +2.2% |
| Trade debts | 44 | €16,196 | €14,966 | -€1,231 | -7.6% |
| Suppliers | 440/4 | €16,196 | €14,966 | -€1,231 | -7.6% |
| Taxes, remuneration and social security | 45 | €21,840 | €30,109 | +€8,269 | +37.9% |
| Taxes | 450/3 | €21,840 | €30,109 | +€8,269 | +37.9% |
| Accrued charges and deferred income | 492/3 | €2,139 | €2,422 | +€283 | +13.2% |
| Remuneration, social security and pensions | 62 | €19,788 | €20,342 | +€554 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,737 | €14,867 | -€2,870 | -16.2% |
| Other operating charges | 640/8 | €4,129 | €3,464 | -€665 | -16.1% |
| Gross operating margin | 9900 | €45,324 | €60,208 | +€14,883 | +32.8% |
| Operating profit (loss) | 9901 | €3,670 | €21,534 | +€17,864 | +487% |
| Financial income | 75/76B | €75 | €4 | -€71 | -95.3% |
| Recurring financial income | 75 | €75 | €4 | -€71 | -95.3% |
| Financial charges | 65/66B | €5,492 | €8,026 | +€2,534 | +46.1% |
| Recurring financial charges | 65 | €5,492 | €8,026 | +€2,534 | +46.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,747 | €13,511 | +€15,259 | |
| Income taxes | 67/77 | €1,542 | €4,344 | +€2,802 | +182% |
| Profit (loss) for the period | 9904 | -€3,289 | €9,168 | +€12,456 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,289 | €9,168 | +€12,456 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.