XIII: 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.
XIII
Largest movements
- Receivables after one year +€8,000
up €8,000 (+16.0%), from €50,000 to €58,000
- Cash +€1,619
new in 2025: €1,619
mainly Net result for the year (+€20,107) and Deferred charges and accrued income (+€605)
- Profit (loss) carried forward +€10,107
up €10,107 (+24.2%), from €41,839 to €51,946
- Tax, wage and social debts -€1,569
down €1,569 (-15.5%), from €10,124 to €8,555
- Short-term financial debts -€1,211
no longer reported in 2025 (was €1,211)
- Contributions +€900
up €900 (+14.5%), from €6,200 to €7,100
- Gross operating margin -€5,099
down €5,099 (-15.4%), from €33,180 to €28,080
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 | €81,234 | €89,461 | +€8,227 | +10.1% |
| Fixed assets | 21/28 | €29,922 | €29,456 | -€466 | -1.6% |
| Tangible fixed assets | 22/27 | €29,922 | €29,456 | -€466 | -1.6% |
| Furniture and vehicles | 24 | €734 | €268 | -€466 | -63.4% |
| Other tangible fixed assets | 26 | €29,188 | €29,188 | = | 0.0% |
| Current assets | 29/58 | €51,311 | €60,004 | +€8,693 | +16.9% |
| Amounts receivable after more than one year | 29 | €50,000 | €58,000 | +€8,000 | +16.0% |
| Other amounts receivable | 291 | €50,000 | €58,000 | +€8,000 | +16.0% |
| Amounts receivable within one year | 40/41 | €707 | €385 | -€321 | -45.5% |
| Trade receivables | 40 | €500 | - | -€500 | |
| Other amounts receivable | 41 | €207 | €385 | +€179 | +86.5% |
| Cash at bank and in hand | 54/58 | - | €1,619 | +€1,619 | |
| Deferred charges and accrued income | 490/1 | €605 | - | -€605 | |
| Total equity and liabilities | 10/49 | €81,234 | €89,461 | +€8,227 | +10.1% |
| Equity | 10/15 | €49,899 | €60,906 | +€11,007 | +22.1% |
| Contributions | 10/11 | €6,200 | €7,100 | +€900 | +14.5% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,839 | €51,946 | +€10,107 | +24.2% |
| Provisions and deferred taxes | 16 | €20,000 | €20,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €11,335 | €8,555 | -€2,780 | -24.5% |
| Amounts payable within one year | 42/48 | €11,335 | €8,555 | -€2,780 | -24.5% |
| Financial debts | 43 | €1,211 | - | -€1,211 | |
| Credit institutions | 430/8 | €1,211 | - | -€1,211 | |
| Taxes, remuneration and social security | 45 | €10,124 | €8,555 | -€1,569 | -15.5% |
| Taxes | 450/3 | €10,124 | €8,555 | -€1,569 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €466 | €466 | = | 0.0% |
| Other operating charges | 640/8 | €807 | €1,116 | +€309 | +38.4% |
| Gross operating margin | 9900 | €33,180 | €28,080 | -€5,099 | -15.4% |
| Operating profit (loss) | 9901 | €31,907 | €26,498 | -€5,409 | -17.0% |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €92 | €138 | +€46 | +50.0% |
| Recurring financial charges | 65 | €92 | €138 | +€46 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €31,815 | €26,376 | -€5,439 | -17.1% |
| Income taxes | 67/77 | €5,945 | €6,269 | +€324 | +5.5% |
| Profit (loss) for the period | 9904 | €25,870 | €20,107 | -€5,763 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,870 | €20,107 | -€5,763 | -22.3% |
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 14 October 2026 via checked.be.