WITHINDUSTRY: 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.
WITHINDUSTRY
Largest movements
- Tangible fixed assets -€19,611
down €19,611 (-5.1%), from €381,384 to €361,773
of which Land and buildings: -€19,470
- Cash +€8,082
up €8,082 (+8.5%), from €94,660 to €102,743
mainly Net result for the year (+€43,482) and Other debts (+€41,606)
- Receivables within one year +€7,291
up €7,291 (+35.5%), from €20,510 to €27,802
of which Trade receivables: +€11,604
- Other debts +€41,606
up €41,606 (+92.8%), from €44,818 to €86,424
- Debts after one year -€33,452
down €33,452 (-9.0%), from €373,336 to €339,884
- Current portion of long-term debt -€12,845
down €12,845 (-27.7%), from €46,297 to €33,452
- Gross operating margin -€10,034
down €10,034 (-8.9%), from €112,504 to €102,470
- Financial charges -€1,655
down €1,655 (-9.6%), from €17,186 to €15,531
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 | €502,222 | €498,470 | -€3,751 | -0.7% |
| Fixed assets | 21/28 | €381,384 | €361,773 | -€19,611 | -5.1% |
| Tangible fixed assets | 22/27 | €381,384 | €361,773 | -€19,611 | -5.1% |
| Land and buildings | 22 | €356,946 | €337,476 | -€19,470 | -5.5% |
| Furniture and vehicles | 24 | €24,438 | €12,219 | -€12,219 | -50.0% |
| Other tangible fixed assets | 26 | - | €12,078 | +€12,078 | |
| Current assets | 29/58 | €120,838 | €136,698 | +€15,860 | +13.1% |
| Amounts receivable within one year | 40/41 | €20,510 | €27,802 | +€7,291 | +35.5% |
| Trade receivables | 40 | €12,764 | €24,368 | +€11,604 | +90.9% |
| Other amounts receivable | 41 | €7,747 | €3,434 | -€4,313 | -55.7% |
| Cash at bank and in hand | 54/58 | €94,660 | €102,743 | +€8,082 | +8.5% |
| Deferred charges and accrued income | 490/1 | €5,667 | €6,154 | +€486 | +8.6% |
| Total equity and liabilities | 10/49 | €502,222 | €498,470 | -€3,751 | -0.7% |
| Equity | 10/15 | €20,460 | €18,600 | -€1,860 | -9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Amounts payable | 17/49 | €481,762 | €479,870 | -€1,891 | -0.4% |
| Amounts payable after more than one year | 17 | €373,336 | €339,884 | -€33,452 | -9.0% |
| Financial debts | 170/4 | €373,336 | €339,884 | -€33,452 | -9.0% |
| Amounts payable within one year | 42/48 | €108,426 | €139,987 | +€31,560 | +29.1% |
| Current portion of amounts payable after more than one year | 42 | €46,297 | €33,452 | -€12,845 | -27.7% |
| Trade debts | 44 | €2,167 | €2,504 | +€337 | +15.5% |
| Suppliers | 440/4 | €2,167 | €2,504 | +€337 | +15.5% |
| Taxes, remuneration and social security | 45 | €15,145 | €17,607 | +€2,463 | +16.3% |
| Taxes | 450/3 | €15,145 | €17,607 | +€2,463 | +16.3% |
| Other amounts payable | 47/48 | €44,818 | €86,424 | +€41,606 | +92.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,689 | €31,790 | +€101 | +0.3% |
| Other operating charges | 640/8 | €432 | €400 | -€33 | -7.5% |
| Gross operating margin | 9900 | €112,504 | €102,470 | -€10,034 | -8.9% |
| Operating profit (loss) | 9901 | €80,383 | €70,280 | -€10,103 | -12.6% |
| Financial income | 75/76B | - | €421 | +€421 | |
| Recurring financial income | 75 | - | €421 | +€421 | |
| Financial charges | 65/66B | €17,186 | €15,531 | -€1,655 | -9.6% |
| Recurring financial charges | 65 | €17,186 | €15,531 | -€1,655 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €63,197 | €55,169 | -€8,028 | -12.7% |
| Income taxes | 67/77 | €12,253 | €11,688 | -€565 | -4.6% |
| Profit (loss) for the period | 9904 | €50,944 | €43,482 | -€7,462 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €50,944 | €43,482 | -€7,462 | -14.6% |
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 18 October 2026 via checked.be.