UNIT7: 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.
UNIT7
Largest movements
- Current investments +€49,374
up €49,374 (+96.8%), from €51,031 to €100,405
- Cash -€40,087
down €40,087 (-34.9%), from €114,776 to €74,690
mainly Contributions, distributions and other (-€60,423) and Current investments (-€49,374)
- Receivables within one year +€8,531
up €8,531 (+27.8%), from €30,712 to €39,243
of which Trade receivables: +€9,115
- Deferred charges and accrued income -€5,909
down €5,909 (-23.6%), from €25,036 to €19,127
- Other debts +€15,995
up €15,995 (+104.3%), from €15,331 to €31,326
- Current portion of long-term debt -€8,378
down €8,378 (-71.2%), from €11,773 to €3,394
- Reserves -€6,390
down €6,390 (-2.0%), from €313,162 to €306,772
- Gross operating margin +€16,593
up €16,593 (+20.8%), from €79,606 to €96,199
- Taxes +€3,396
up €3,396 (+16.8%), from €20,258 to €23,654
- Financial charges +€3,123
up €3,123 (+69.0%), from €4,525 to €7,648
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 | €367,994 | €375,584 | +€7,590 | +2.1% |
| Fixed assets | 21/28 | €146,439 | €142,120 | -€4,320 | -2.9% |
| Intangible fixed assets | 21 | €1,588 | €532 | -€1,056 | -66.5% |
| Tangible fixed assets | 22/27 | €46,401 | €43,138 | -€3,264 | -7.0% |
| Land and buildings | 22 | €1,849 | €1,232 | -€616 | -33.3% |
| Furniture and vehicles | 24 | €3,416 | €6,176 | +€2,760 | +80.8% |
| Other tangible fixed assets | 26 | €41,137 | €35,729 | -€5,408 | -13.1% |
| Financial fixed assets | 28 | €98,450 | €98,450 | = | 0.0% |
| Current assets | 29/58 | €221,555 | €233,465 | +€11,909 | +5.4% |
| Amounts receivable within one year | 40/41 | €30,712 | €39,243 | +€8,531 | +27.8% |
| Trade receivables | 40 | €29,995 | €39,110 | +€9,115 | +30.4% |
| Other amounts receivable | 41 | €717 | €133 | -€584 | -81.5% |
| Current investments | 50/53 | €51,031 | €100,405 | +€49,374 | +96.8% |
| Cash at bank and in hand | 54/58 | €114,776 | €74,690 | -€40,087 | -34.9% |
| Deferred charges and accrued income | 490/1 | €25,036 | €19,127 | -€5,909 | -23.6% |
| Total equity and liabilities | 10/49 | €367,994 | €375,584 | +€7,590 | +2.1% |
| Equity | 10/15 | €319,412 | €313,022 | -€6,390 | -2.0% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €313,162 | €306,772 | -€6,390 | -2.0% |
| Distributable reserves | 133 | €313,162 | €306,772 | -€6,390 | -2.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €48,583 | €62,563 | +€13,980 | +28.8% |
| Amounts payable within one year | 42/48 | €48,583 | €60,950 | +€12,367 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €11,773 | €3,394 | -€8,378 | -71.2% |
| Financial debts | 43 | €1,167 | €973 | -€193 | -16.6% |
| Credit institutions | 430/8 | €1,167 | €973 | -€193 | -16.6% |
| Trade debts | 44 | €4,169 | €7,468 | +€3,300 | +79.1% |
| Suppliers | 440/4 | €4,169 | €7,468 | +€3,300 | +79.1% |
| Taxes, remuneration and social security | 45 | €16,143 | €17,788 | +€1,644 | +10.2% |
| Taxes | 450/3 | €16,143 | €17,788 | +€1,644 | +10.2% |
| Other amounts payable | 47/48 | €15,331 | €31,326 | +€15,995 | +104.3% |
| Accrued charges and deferred income | 492/3 | €0 | €1,613 | +€1,613 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,360 | €11,126 | +€766 | +7.4% |
| Other operating charges | 640/8 | €1,133 | €1,397 | +€264 | +23.3% |
| Gross operating margin | 9900 | €79,606 | €96,199 | +€16,593 | +20.8% |
| Operating profit (loss) | 9901 | €68,113 | €83,676 | +€15,563 | +22.8% |
| Financial income | 75/76B | €2,213 | €1,658 | -€554 | -25.1% |
| Recurring financial income | 75 | €2,213 | €1,658 | -€554 | -25.1% |
| Financial charges | 65/66B | €4,525 | €7,648 | +€3,123 | +69.0% |
| Recurring financial charges | 65 | €4,525 | €7,648 | +€3,123 | +69.0% |
| Profit (loss) for the period before taxes | 9903 | €65,801 | €77,686 | +€11,886 | +18.1% |
| Income taxes | 67/77 | €20,258 | €23,654 | +€3,396 | +16.8% |
| Profit (loss) for the period | 9904 | €45,542 | €54,033 | +€8,490 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,542 | €54,033 | +€8,490 | +18.6% |
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 6 October 2026 via checked.be.