VINGT-DEUX DIX: 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.
VINGT-DEUX DIX
Largest movements
- Tangible fixed assets -€6,137
down €6,137 (-13.3%), from €46,254 to €40,117
of which Furniture and vehicles: -€4,139
- Current portion of long-term debt -€8,474
down €8,474 (-50.9%), from €16,658 to €8,184
- Debts after one year -€8,184
down €8,184 (-56.7%), from €14,422 to €6,238
- Gross operating margin +€2,820
up €2,820 (+22.9%), from €12,327 to €15,147
- Taxes +€2,436
up €2,436 (+74.2%), from €3,284 to €5,720
- Depreciation -€1,307
down €1,307 (-13.7%), from €9,516 to €8,209
- Financial income -€524
down €524 (-23.0%), from €2,282 to €1,758
- Other operating charges +€204
up €204 (+48.6%), from €420 to €624
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 | €589,612 | €575,801 | -€13,811 | -2.3% |
| Fixed assets | 21/28 | €46,254 | €40,117 | -€6,137 | -13.3% |
| Tangible fixed assets | 22/27 | €46,254 | €40,117 | -€6,137 | -13.3% |
| Land and buildings | 22 | €31,187 | €30,388 | -€799 | -2.6% |
| Furniture and vehicles | 24 | €8,355 | €4,216 | -€4,139 | -49.5% |
| Other tangible fixed assets | 26 | €6,712 | €5,513 | -€1,199 | -17.9% |
| Current assets | 29/58 | €543,358 | €535,684 | -€7,674 | -1.4% |
| Amounts receivable after more than one year | 29 | €157,500 | €157,500 | = | 0.0% |
| Other amounts receivable | 291 | €157,500 | €157,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €191,356 | €185,486 | -€5,870 | -3.1% |
| Trade receivables | 40 | €151,196 | €163,135 | +€11,939 | +7.9% |
| Other amounts receivable | 41 | €40,160 | €22,351 | -€17,809 | -44.3% |
| Cash at bank and in hand | 54/58 | €185,366 | €187,174 | +€1,808 | +1.0% |
| Deferred charges and accrued income | 490/1 | €9,136 | €5,524 | -€3,612 | -39.5% |
| Total equity and liabilities | 10/49 | €589,612 | €575,801 | -€13,811 | -2.3% |
| Equity | 10/15 | €529,885 | €531,158 | +€1,273 | +0.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €417,675 | €418,925 | +€1,250 | +0.3% |
| Tax-exempt reserves | 132 | €32,816 | €32,816 | = | 0.0% |
| Distributable reserves | 133 | €384,859 | €386,109 | +€1,250 | +0.3% |
| Profit (loss) carried forward | 14 | €106,013 | €106,036 | +€23 | 0.0% |
| Amounts payable | 17/49 | €59,727 | €44,643 | -€15,084 | -25.3% |
| Amounts payable after more than one year | 17 | €14,422 | €6,238 | -€8,184 | -56.7% |
| Financial debts | 170/4 | €14,422 | €6,238 | -€8,184 | -56.7% |
| Amounts payable within one year | 42/48 | €45,305 | €38,405 | -€6,900 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €16,658 | €8,184 | -€8,474 | -50.9% |
| Trade debts | 44 | €28,572 | €27,795 | -€777 | -2.7% |
| Suppliers | 440/4 | €28,572 | €27,795 | -€777 | -2.7% |
| Taxes, remuneration and social security | 45 | €75 | €2,426 | +€2,351 | +3,135% |
| Taxes | 450/3 | €75 | €2,426 | +€2,351 | +3,135% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,516 | €8,209 | -€1,307 | -13.7% |
| Other operating charges | 640/8 | €420 | €624 | +€204 | +48.6% |
| Gross operating margin | 9900 | €12,327 | €15,147 | +€2,820 | +22.9% |
| Operating profit (loss) | 9901 | €2,391 | €6,314 | +€3,923 | +164% |
| Financial income | 75/76B | €2,282 | €1,758 | -€524 | -23.0% |
| Recurring financial income | 75 | €2,282 | €1,758 | -€524 | -23.0% |
| Financial charges | 65/66B | €1,248 | €1,079 | -€169 | -13.5% |
| Recurring financial charges | 65 | €1,248 | €1,079 | -€169 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €3,425 | €6,993 | +€3,568 | +104% |
| Income taxes | 67/77 | €3,284 | €5,720 | +€2,436 | +74.2% |
| Profit (loss) for the period | 9904 | €141 | €1,273 | +€1,132 | +803% |
| Profit (loss) for the period to be appropriated | 9905 | €141 | €1,273 | +€1,132 | +803% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.