VIDEO EQUIPE: 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.
VIDEO EQUIPE
Largest movements
- Cash -€13,182
down €13,182 (-15.8%), from €83,657 to €70,475
mainly Investment in fixed assets (net) (-€30,611) and Trade debts (-€11,861)
- Tangible fixed assets +€8,362
up €8,362 (+2.3%), from €362,592 to €370,953
of which Plant, machinery and equipment: +€21,232
- Receivables within one year -€7,455
down €7,455 (-61.1%), from €12,209 to €4,754
of which Trade receivables: -€11,059
- Reserves +€20,573
up €20,573 (+7.6%), from €271,558 to €292,131
of which Distributable reserves: +€23,107
- Trade debts -€11,861
down €11,861 (-79.4%), from €14,942 to €3,081
- Other debts -€9,820
down €9,820 (-81.8%), from €12,006 to €2,186
- Tax, wage and social debts -€5,755
down €5,755 (-32.2%), from €17,893 to €12,138
of which Taxes: -€5,755
- Current portion of long-term debt -€5,185
down €5,185 (-32.7%), from €15,866 to €10,681
- Gross operating margin -€68,948
down €68,948 (-54.4%), from €126,746 to €57,798
- Taxes -€23,694
down €23,694 (-66.9%), from €35,401 to €11,706
- Depreciation +€3,485
up €3,485 (+18.6%), from €18,764 to €22,250
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 | €463,897 | €452,272 | -€11,626 | -2.5% |
| Fixed assets | 21/28 | €362,666 | €371,028 | +€8,362 | +2.3% |
| Tangible fixed assets | 22/27 | €362,592 | €370,953 | +€8,362 | +2.3% |
| Land and buildings | 22 | €344,592 | €332,290 | -€12,303 | -3.6% |
| Plant, machinery and equipment | 23 | €16,064 | €37,297 | +€21,232 | +132.2% |
| Furniture and vehicles | 24 | €1,935 | €1,367 | -€568 | -29.4% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €101,231 | €81,244 | -€19,987 | -19.7% |
| Amounts receivable within one year | 40/41 | €12,209 | €4,754 | -€7,455 | -61.1% |
| Trade receivables | 40 | €12,209 | €1,150 | -€11,059 | -90.6% |
| Other amounts receivable | 41 | €0 | €3,605 | +€3,605 | |
| Cash at bank and in hand | 54/58 | €83,657 | €70,475 | -€13,182 | -15.8% |
| Deferred charges and accrued income | 490/1 | €5,366 | €6,015 | +€650 | +12.1% |
| Total equity and liabilities | 10/49 | €463,897 | €452,272 | -€11,626 | -2.5% |
| Equity | 10/15 | €289,558 | €310,131 | +€20,573 | +7.1% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €271,558 | €292,131 | +€20,573 | +7.6% |
| Tax-exempt reserves | 132 | €30,152 | €27,617 | -€2,535 | -8.4% |
| Distributable reserves | 133 | €241,407 | €264,514 | +€23,107 | +9.6% |
| Provisions and deferred taxes | 16 | €17,048 | €15,743 | -€1,305 | -7.7% |
| Provisions for liabilities and charges | 160/5 | €1,497 | €1,497 | = | 0.0% |
| Major repairs and maintenance | 162 | €1,497 | €1,497 | = | 0.0% |
| Deferred taxes | 168 | €15,551 | €14,246 | -€1,305 | -8.4% |
| Amounts payable | 17/49 | €157,291 | €126,398 | -€30,893 | -19.6% |
| Amounts payable after more than one year | 17 | €93,877 | €95,619 | +€1,742 | +1.9% |
| Financial debts | 170/4 | €3,993 | €5,735 | +€1,742 | +43.6% |
| Other amounts payable | 178/9 | €89,884 | €89,884 | = | 0.0% |
| Amounts payable within one year | 42/48 | €63,414 | €30,779 | -€32,635 | -51.5% |
| Current portion of amounts payable after more than one year | 42 | €15,866 | €10,681 | -€5,185 | -32.7% |
| Financial debts | 43 | €2,707 | €2,692 | -€15 | -0.5% |
| Credit institutions | 430/8 | €2,707 | €2,692 | -€15 | -0.5% |
| Trade debts | 44 | €14,942 | €3,081 | -€11,861 | -79.4% |
| Suppliers | 440/4 | €14,942 | €3,081 | -€11,861 | -79.4% |
| Taxes, remuneration and social security | 45 | €17,893 | €12,138 | -€5,755 | -32.2% |
| Taxes | 450/3 | €17,893 | €12,138 | -€5,755 | -32.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €12,006 | €2,186 | -€9,820 | -81.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,764 | €22,250 | +€3,485 | +18.6% |
| Other operating charges | 640/8 | €3,488 | €3,643 | +€155 | +4.4% |
| Gross operating margin | 9900 | €126,746 | €57,798 | -€68,948 | -54.4% |
| Operating profit (loss) | 9901 | €104,494 | €31,905 | -€72,588 | -69.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €847 | €932 | +€85 | +10.0% |
| Recurring financial charges | 65 | €847 | €932 | +€85 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €103,647 | €30,974 | -€72,673 | -70.1% |
| Transfer from deferred taxes | 780 | €1,294 | €1,305 | +€12 | +0.9% |
| Income taxes | 67/77 | €35,401 | €11,706 | -€23,694 | -66.9% |
| Profit (loss) for the period | 9904 | €69,540 | €20,573 | -€48,967 | -70.4% |
| Transfer from tax-exempt reserves | 789 | €2,512 | €2,535 | +€23 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €72,052 | €23,107 | -€48,944 | -67.9% |
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 4 October 2026 via checked.be.