Unit 24: 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.
Unit 24
Largest movements
- Stocks and contracts -€9,076
down €9,076 (-78.4%), from €11,580 to €2,504
- Receivables within one year -€4,811
down €4,811 (-15.6%), from €30,939 to €26,127
of which Other amounts receivable: -€6,732
- Deferred charges and accrued income -€4,080
no longer reported in 2025 (was €4,080)
- Trade debts -€15,031
no longer reported in 2025 (was €15,031)
- Tax, wage and social debts -€9,352
down €9,352 (-90.5%), from €10,335 to €983
- Reserves +€7,659
up €7,659 (+349.7%), from €2,190 to €9,849
- Debts after one year -€3,736
down €3,736 (-76.1%), from €4,909 to €1,172
- Short-term financial debts +€2,108
up €2,108 (+75.7%), from €2,783 to €4,890
- Gross operating margin +€29,779
up €29,779, from -€17,955 to €11,825
- Financial charges -€895
down €895 (-23.1%), from €3,868 to €2,973
- Taxes +€793
new in 2025: €793
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,599 | €28,631 | -€17,967 | -38.6% |
| Current assets | 29/58 | €46,599 | €28,631 | -€17,967 | -38.6% |
| Stocks and contracts in progress | 3 | €11,580 | €2,504 | -€9,076 | -78.4% |
| Stocks | 30/36 | €11,580 | €2,504 | -€9,076 | -78.4% |
| Amounts receivable within one year | 40/41 | €30,939 | €26,127 | -€4,811 | -15.6% |
| Trade receivables | 40 | €17,394 | €19,314 | +€1,920 | +11.0% |
| Other amounts receivable | 41 | €13,545 | €6,813 | -€6,732 | -49.7% |
| Deferred charges and accrued income | 490/1 | €4,080 | - | -€4,080 | |
| Total equity and liabilities | 10/49 | €46,599 | €28,631 | -€17,967 | -38.6% |
| Equity | 10/15 | €10,190 | €17,849 | +€7,659 | +75.2% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €2,190 | €9,849 | +€7,659 | +349.7% |
| Distributable reserves | 133 | €2,190 | €9,849 | +€7,659 | +349.7% |
| Amounts payable | 17/49 | €36,408 | €10,782 | -€25,627 | -70.4% |
| Amounts payable after more than one year | 17 | €4,909 | €1,172 | -€3,736 | -76.1% |
| Financial debts | 170/4 | €4,909 | €1,172 | -€3,736 | -76.1% |
| Amounts payable within one year | 42/48 | €31,500 | €9,610 | -€21,890 | -69.5% |
| Current portion of amounts payable after more than one year | 42 | €3,351 | €3,736 | +€385 | +11.5% |
| Financial debts | 43 | €2,783 | €4,890 | +€2,108 | +75.7% |
| Credit institutions | 430/8 | €2,783 | €4,890 | +€2,108 | +75.7% |
| Trade debts | 44 | €15,031 | - | -€15,031 | |
| Suppliers | 440/4 | €15,031 | - | -€15,031 | |
| Taxes, remuneration and social security | 45 | €10,335 | €983 | -€9,352 | -90.5% |
| Taxes | 450/3 | €10,335 | €983 | -€9,352 | -90.5% |
| Other operating charges | 640/8 | €412 | €400 | -€13 | -3.1% |
| Gross operating margin | 9900 | -€17,955 | €11,825 | +€29,779 | |
| Operating profit (loss) | 9901 | -€18,367 | €11,425 | +€29,792 | |
| Financial income | 75/76B | €2 | €0 | -€2 | -94.2% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -94.2% |
| Financial charges | 65/66B | €3,868 | €2,973 | -€895 | -23.1% |
| Recurring financial charges | 65 | €3,868 | €2,973 | -€895 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | -€22,233 | €8,452 | +€30,685 | |
| Income taxes | 67/77 | - | €793 | +€793 | |
| Profit (loss) for the period | 9904 | -€22,233 | €7,659 | +€29,892 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,233 | €7,659 | +€29,892 |
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.