VIDEO CORNER: 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.
VIDEO CORNER
Largest movements
- Tangible fixed assets -€13,025
down €13,025 (-3.8%), from €344,125 to €331,100
of which Land and buildings: -€12,542
- Tax, wage and social debts -€9,394
down €9,394 (-72.6%), from €12,939 to €3,545
- Reserves +€8,500
up €8,500 (+9.9%), from €86,169 to €94,669
of which Distributable reserves: +€8,500
- Debts after one year -€8,183
down €8,183 (-5.9%), from €137,614 to €129,432
- Depreciation +€3,233
up €3,233 (+33.0%), from €9,792 to €13,025
- Gross operating margin +€2,986
up €2,986 (+9.2%), from €32,509 to €35,495
- Taxes -€1,440
down €1,440 (-28.9%), from €4,985 to €3,545
- Financial charges +€1,193
up €1,193 (+29.4%), from €4,064 to €5,256
- Other operating charges +€424
up €424 (+8.9%), from €4,744 to €5,168
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 | €417,402 | €408,365 | -€9,037 | -2.2% |
| Fixed assets | 21/28 | €344,125 | €331,100 | -€13,025 | -3.8% |
| Tangible fixed assets | 22/27 | €344,125 | €331,100 | -€13,025 | -3.8% |
| Land and buildings | 22 | €343,463 | €330,921 | -€12,542 | -3.7% |
| Furniture and vehicles | 24 | €662 | €179 | -€484 | -73.0% |
| Current assets | 29/58 | €73,277 | €77,266 | +€3,988 | +5.4% |
| Cash at bank and in hand | 54/58 | €73,277 | €77,266 | +€3,988 | +5.4% |
| Total equity and liabilities | 10/49 | €417,402 | €408,365 | -€9,037 | -2.2% |
| Equity | 10/15 | €249,964 | €258,464 | +€8,500 | +3.4% |
| Contributions | 10/11 | €153,600 | €153,600 | = | 0.0% |
| Reserves | 13 | €86,169 | €94,669 | +€8,500 | +9.9% |
| Non-distributable reserves | 130/1 | €4,290 | €4,290 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,290 | €4,290 | = | 0.0% |
| Distributable reserves | 133 | €81,879 | €90,379 | +€8,500 | +10.4% |
| Profit (loss) carried forward | 14 | €10,195 | €10,195 | = | 0.0% |
| Amounts payable | 17/49 | €167,438 | €149,901 | -€17,537 | -10.5% |
| Amounts payable after more than one year | 17 | €137,614 | €129,432 | -€8,183 | -5.9% |
| Financial debts | 170/4 | €137,614 | €129,432 | -€8,183 | -5.9% |
| Amounts payable within one year | 42/48 | €28,424 | €17,742 | -€10,682 | -37.6% |
| Current portion of amounts payable after more than one year | 42 | €7,900 | €8,183 | +€283 | +3.6% |
| Trade debts | 44 | €125 | €103 | -€22 | -17.3% |
| Suppliers | 440/4 | €125 | €103 | -€22 | -17.3% |
| Taxes, remuneration and social security | 45 | €12,939 | €3,545 | -€9,394 | -72.6% |
| Taxes | 450/3 | €12,939 | €3,545 | -€9,394 | -72.6% |
| Other amounts payable | 47/48 | €7,459 | €5,910 | -€1,549 | -20.8% |
| Accrued charges and deferred income | 492/3 | €1,400 | €2,728 | +€1,328 | +94.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,792 | €13,025 | +€3,233 | +33.0% |
| Other operating charges | 640/8 | €4,744 | €5,168 | +€424 | +8.9% |
| Gross operating margin | 9900 | €32,509 | €35,495 | +€2,986 | +9.2% |
| Operating profit (loss) | 9901 | €17,973 | €17,301 | -€672 | -3.7% |
| Financial charges | 65/66B | €4,064 | €5,256 | +€1,193 | +29.4% |
| Recurring financial charges | 65 | €4,064 | €5,256 | +€1,193 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | €13,910 | €12,045 | -€1,865 | -13.4% |
| Income taxes | 67/77 | €4,985 | €3,545 | -€1,440 | -28.9% |
| Profit (loss) for the period | 9904 | €8,925 | €8,500 | -€425 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,925 | €8,500 | -€425 | -4.8% |
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 17 October 2026 via checked.be.