0090: 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.
0090
Largest movements
- Receivables within one year -€39,959
down €39,959 (-29.5%), from €135,369 to €95,411
of which Trade receivables: -€25,806
- Cash -€28,140
down €28,140 (-50.9%), from €55,323 to €27,183
mainly Trade debts (-€112,641) and Accrued charges and deferred income (-€19,178)
- Trade debts -€112,641
down €112,641 (-96.0%), from €117,319 to €4,678
- Profit (loss) carried forward +€57,971
up €57,971 (+198.5%), from €29,204 to €87,175
- Accrued charges and deferred income -€19,178
down €19,178 (-61.3%), from €31,292 to €12,113
- Tax, wage and social debts +€5,694
up €5,694 (+26.5%), from €21,525 to €27,219
of which Remuneration and social security: +€4,939
- Gross operating margin +€86,358
up €86,358 (+37.8%), from €228,550 to €314,908
- Staff costs +€16,527
up €16,527 (+7.0%), from €236,549 to €253,075
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 | €199,340 | €131,186 | -€68,154 | -34.2% |
| Fixed assets | 21/28 | €7,548 | €7,781 | +€233 | +3.1% |
| Tangible fixed assets | 22/27 | €7,243 | €6,676 | -€567 | -7.8% |
| Plant, machinery and equipment | 23 | €90 | €0 | -€90 | -100.0% |
| Furniture and vehicles | 24 | €2,600 | €2,692 | +€92 | +3.5% |
| Other tangible fixed assets | 26 | €4,554 | €3,985 | -€569 | -12.5% |
| Financial fixed assets | 28 | €305 | €1,105 | +€800 | +262.3% |
| Current assets | 29/58 | €191,792 | €123,404 | -€68,387 | -35.7% |
| Amounts receivable within one year | 40/41 | €135,369 | €95,411 | -€39,959 | -29.5% |
| Trade receivables | 40 | €57,775 | €31,969 | -€25,806 | -44.7% |
| Other amounts receivable | 41 | €77,594 | €63,442 | -€14,153 | -18.2% |
| Cash at bank and in hand | 54/58 | €55,323 | €27,183 | -€28,140 | -50.9% |
| Deferred charges and accrued income | 490/1 | €1,099 | €811 | -€289 | -26.3% |
| Total equity and liabilities | 10/49 | €199,340 | €131,186 | -€68,154 | -34.2% |
| Equity | 10/15 | €29,204 | €87,175 | +€57,971 | +198.5% |
| Profit (loss) carried forward | 14 | €29,204 | €87,175 | +€57,971 | +198.5% |
| Amounts payable | 17/49 | €170,135 | €44,011 | -€126,125 | -74.1% |
| Amounts payable within one year | 42/48 | €138,844 | €31,897 | -€106,946 | -77.0% |
| Trade debts | 44 | €117,319 | €4,678 | -€112,641 | -96.0% |
| Suppliers | 440/4 | €117,319 | €4,678 | -€112,641 | -96.0% |
| Taxes, remuneration and social security | 45 | €21,525 | €27,219 | +€5,694 | +26.5% |
| Taxes | 450/3 | €0 | €756 | +€756 | |
| Remuneration and social security | 454/9 | €21,525 | €26,464 | +€4,939 | +22.9% |
| Accrued charges and deferred income | 492/3 | €31,292 | €12,113 | -€19,178 | -61.3% |
| Remuneration, social security and pensions | 62 | €236,549 | €253,075 | +€16,527 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,195 | €3,272 | +€1,077 | +49.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €134 | +€134 | |
| Other operating charges | 640/8 | €493 | €146 | -€347 | -70.4% |
| Non-recurring operating charges | 66A | €7,500 | €0 | -€7,500 | -100.0% |
| Gross operating margin | 9900 | €228,550 | €314,908 | +€86,358 | +37.8% |
| Operating profit (loss) | 9901 | -€18,186 | €58,282 | +€76,468 | |
| Financial income | 75/76B | €2 | €91 | +€89 | +5317.9% |
| Recurring financial income | 75 | €2 | €91 | +€89 | +5317.9% |
| Financial charges | 65/66B | €262 | €402 | +€140 | +53.4% |
| Recurring financial charges | 65 | €262 | €402 | +€140 | +53.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,447 | €57,971 | +€76,417 | |
| Income taxes | 67/77 | €42 | €0 | -€42 | -100.0% |
| Profit (loss) for the period | 9904 | -€18,489 | €57,971 | +€76,459 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,489 | €57,971 | +€76,459 |
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.