WRITERS BLOCK: 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.
WRITERS BLOCK
Largest movements
- Tangible fixed assets -€5,312
down €5,312 (-7.9%), from €67,286 to €61,974
- Reserves -€4,080
down €4,080 (-8.5%), from €48,130 to €44,050
- Other debts -€1,542
down €1,542 (-13.3%), from €11,561 to €10,019
- Gross operating margin +€678
up €678 (+17.7%), from €3,839 to €4,517
- Other operating charges +€355
up €355 (+13.4%), from €2,645 to €2,999
- Financial charges -€69
down €69 (-19.4%), from €354 to €286
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,454 | €62,174 | -€5,280 | -7.8% |
| Fixed assets | 21/28 | €67,286 | €61,974 | -€5,312 | -7.9% |
| Tangible fixed assets | 22/27 | €67,286 | €61,974 | -€5,312 | -7.9% |
| Land and buildings | 22 | €67,286 | €61,974 | -€5,312 | -7.9% |
| Current assets | 29/58 | €168 | €200 | +€32 | +19.0% |
| Deferred charges and accrued income | 490/1 | €168 | €200 | +€32 | +19.0% |
| Total equity and liabilities | 10/49 | €67,454 | €62,174 | -€5,280 | -7.8% |
| Equity | 10/15 | €54,335 | €50,255 | -€4,080 | -7.5% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €48,130 | €44,050 | -€4,080 | -8.5% |
| Distributable reserves | 133 | €48,130 | €44,050 | -€4,080 | -8.5% |
| Amounts payable | 17/49 | €13,119 | €11,919 | -€1,200 | -9.1% |
| Amounts payable within one year | 42/48 | €11,619 | €10,419 | -€1,200 | -10.3% |
| Financial debts | 43 | €58 | €400 | +€342 | +595% |
| Credit institutions | 430/8 | €58 | €400 | +€342 | +595% |
| Other amounts payable | 47/48 | €11,561 | €10,019 | -€1,542 | -13.3% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,349 | €5,312 | -€37 | -0.7% |
| Other operating charges | 640/8 | €2,645 | €2,999 | +€355 | +13.4% |
| Gross operating margin | 9900 | €3,839 | €4,517 | +€678 | +17.7% |
| Operating profit (loss) | 9901 | -€4,155 | -€3,795 | +€360 | +8.7% |
| Financial charges | 65/66B | €354 | €286 | -€69 | -19.4% |
| Recurring financial charges | 65 | €354 | €286 | -€69 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,509 | -€4,080 | +€429 | +9.5% |
| Profit (loss) for the period | 9904 | -€4,509 | -€4,080 | +€429 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,509 | -€4,080 | +€429 | +9.5% |
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.