VIGILANCE: 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.
VIGILANCE
Largest movements
- Cash +€2,316
up €2,316 (+19.3%), from €12,016 to €14,331
mainly Net result for the year (+€5,607) and Trade debts (+€509)
- Receivables within one year -€475
down €475 (-5.3%), from €8,899 to €8,424
of which Other amounts receivable: -€886
- Profit (loss) carried forward +€5,607
up €5,607 (+4.0%), from -€141,636 to -€136,029
- Debts after one year -€2,219
down €2,219 (-11.0%), from €20,219 to €18,000
- Current portion of long-term debt -€2,052
down €2,052 (-48.0%), from €4,271 to €2,219
- Trade debts +€509
up €509 (+1.0%), from €48,925 to €49,434
- Gross operating margin +€2,740
up €2,740 (+75.4%), from €3,634 to €6,374
- Financial charges -€774
down €774 (-66.3%), from €1,167 to €393
- Financial income +€130
up €130 (+851.9%), from €15 to €145
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 | €22,054 | €23,898 | +€1,844 | +8.4% |
| Current assets | 29/58 | €22,054 | €23,898 | +€1,844 | +8.4% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,899 | €8,424 | -€475 | -5.3% |
| Trade receivables | 40 | €7,395 | €7,806 | +€410 | +5.5% |
| Other amounts receivable | 41 | €1,504 | €618 | -€886 | -58.9% |
| Cash at bank and in hand | 54/58 | €12,016 | €14,331 | +€2,316 | +19.3% |
| Deferred charges and accrued income | 490/1 | €138 | €142 | +€4 | +2.9% |
| Total equity and liabilities | 10/49 | €22,054 | €23,898 | +€1,844 | +8.4% |
| Equity | 10/15 | -€123,036 | -€117,429 | +€5,607 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€141,636 | -€136,029 | +€5,607 | +4.0% |
| Amounts payable | 17/49 | €145,089 | €141,327 | -€3,762 | -2.6% |
| Amounts payable after more than one year | 17 | €20,219 | €18,000 | -€2,219 | -11.0% |
| Financial debts | 170/4 | €20,219 | €18,000 | -€2,219 | -11.0% |
| Amounts payable within one year | 42/48 | €124,870 | €123,327 | -€1,543 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €4,271 | €2,219 | -€2,052 | -48.0% |
| Trade debts | 44 | €48,925 | €49,434 | +€509 | +1.0% |
| Suppliers | 440/4 | €48,925 | €49,434 | +€509 | +1.0% |
| Other amounts payable | 47/48 | €71,674 | €71,674 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €3,634 | €6,374 | +€2,740 | +75.4% |
| Operating profit (loss) | 9901 | €3,129 | €5,855 | +€2,726 | +87.1% |
| Financial income | 75/76B | €15 | €145 | +€130 | +851.9% |
| Recurring financial income | 75 | €15 | €145 | +€130 | +851.9% |
| Financial charges | 65/66B | €1,167 | €393 | -€774 | -66.3% |
| Recurring financial charges | 65 | €1,167 | €393 | -€774 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | €1,977 | €5,607 | +€3,630 | +183.6% |
| Profit (loss) for the period | 9904 | €1,977 | €5,607 | +€3,630 | +183.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,977 | €5,607 | +€3,630 | +183.6% |
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.