Unit 86: 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.
Unit 86
Largest movements
- Tangible fixed assets -€29,606
down €29,606 (-4.8%), from €618,636 to €589,030
of which Land and buildings: -€27,990
- Cash +€9,033
up €9,033 (+75.0%), from €12,043 to €21,076
mainly Depreciation (+€29,606) and Net result for the year (+€8,730)
- Debts after one year -€29,942
down €29,942 (-6.3%), from €477,438 to €447,496
of which Financial debts: -€29,942
- Profit (loss) carried forward +€8,730
up €8,730 (+48.4%), from -€18,047 to -€9,317
- Gross operating margin +€3,288
up €3,288 (+7.6%), from €43,377 to €46,665
- Depreciation -€868
down €868 (-2.8%), from €30,474 to €29,606
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 | €656,143 | €635,917 | -€20,225 | -3.1% |
| Fixed assets | 21/28 | €618,636 | €589,030 | -€29,606 | -4.8% |
| Tangible fixed assets | 22/27 | €618,636 | €589,030 | -€29,606 | -4.8% |
| Land and buildings | 22 | €617,020 | €589,030 | -€27,990 | -4.5% |
| Plant, machinery and equipment | 23 | €1,616 | - | -€1,616 | |
| Current assets | 29/58 | €37,506 | €46,887 | +€9,381 | +25.0% |
| Amounts receivable within one year | 40/41 | €139 | €244 | +€105 | +75.2% |
| Trade receivables | 40 | €139 | - | -€139 | |
| Other amounts receivable | 41 | - | €244 | +€244 | |
| Current investments | 50/53 | €25,324 | €25,567 | +€243 | +1.0% |
| Cash at bank and in hand | 54/58 | €12,043 | €21,076 | +€9,033 | +75.0% |
| Total equity and liabilities | 10/49 | €656,143 | €635,917 | -€20,225 | -3.1% |
| Equity | 10/15 | €56,953 | €65,683 | +€8,730 | +15.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,047 | -€9,317 | +€8,730 | +48.4% |
| Amounts payable | 17/49 | €599,189 | €570,234 | -€28,955 | -4.8% |
| Amounts payable after more than one year | 17 | €477,438 | €447,496 | -€29,942 | -6.3% |
| Financial debts | 170/4 | €473,838 | €443,896 | -€29,942 | -6.3% |
| Other amounts payable | 178/9 | €3,600 | €3,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €121,751 | €122,738 | +€987 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €29,589 | €29,942 | +€353 | +1.2% |
| Trade debts | 44 | €1,452 | €2,182 | +€730 | +50.3% |
| Suppliers | 440/4 | €1,452 | €2,182 | +€730 | +50.3% |
| Taxes, remuneration and social security | 45 | €710 | €614 | -€96 | -13.5% |
| Taxes | 450/3 | €710 | €614 | -€96 | -13.5% |
| Other amounts payable | 47/48 | €90,000 | €90,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,474 | €29,606 | -€868 | -2.8% |
| Other operating charges | 640/8 | €2,665 | €2,744 | +€78 | +2.9% |
| Gross operating margin | 9900 | €43,377 | €46,665 | +€3,288 | +7.6% |
| Operating profit (loss) | 9901 | €10,238 | €14,316 | +€4,078 | +39.8% |
| Financial income | 75/76B | €464 | €349 | -€115 | -24.8% |
| Recurring financial income | 75 | €464 | €349 | -€115 | -24.8% |
| Financial charges | 65/66B | €6,283 | €5,935 | -€348 | -5.5% |
| Recurring financial charges | 65 | €6,283 | €5,935 | -€348 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €4,420 | €8,730 | +€4,310 | +97.5% |
| Profit (loss) for the period | 9904 | €4,420 | €8,730 | +€4,310 | +97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,420 | €8,730 | +€4,310 | +97.5% |
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 10 October 2026 via checked.be.