02: 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.
02
Largest movements
- Receivables within one year -€3,400
down €3,400 (-20.5%), from €16,571 to €13,171
- Receivables after one year +€2,032
up €2,032 (+2.0%), from €101,606 to €103,638
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€3,245
down €3,245 (-825%), from -€393 to -€3,638
- Financial income +€856
up €856 (+60.5%), from €1,415 to €2,271
- Taxes -€385
down €385, from €332 to -€53
- Financial charges -€42
no longer reported in 2025 (was €42)
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 | €135,865 | €134,497 | -€1,368 | -1.0% |
| Fixed assets | 21/28 | €17,688 | €17,688 | = | 0.0% |
| Tangible fixed assets | 22/27 | €17,688 | €17,688 | = | 0.0% |
| Furniture and vehicles | 24 | €17,688 | €17,688 | = | 0.0% |
| Current assets | 29/58 | €118,177 | €116,809 | -€1,368 | -1.2% |
| Amounts receivable after more than one year | 29 | €101,606 | €103,638 | +€2,032 | +2.0% |
| Other amounts receivable | 291 | €101,606 | €103,638 | +€2,032 | +2.0% |
| Amounts receivable within one year | 40/41 | €16,571 | €13,171 | -€3,400 | -20.5% |
| Other amounts receivable | 41 | €16,571 | €13,171 | -€3,400 | -20.5% |
| Total equity and liabilities | 10/49 | €135,865 | €134,497 | -€1,368 | -1.0% |
| Equity | 10/15 | €135,234 | €133,919 | -€1,314 | -1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €72,557 | €72,557 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €70,697 | €70,697 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,477 | €55,163 | -€1,314 | -2.3% |
| Amounts payable | 17/49 | €631 | €578 | -€53 | -8.4% |
| Amounts payable within one year | 42/48 | €631 | €578 | -€53 | -8.4% |
| Taxes, remuneration and social security | 45 | €631 | €578 | -€53 | -8.4% |
| Taxes | 450/3 | €631 | €578 | -€53 | -8.4% |
| Gross operating margin | 9900 | -€393 | -€3,638 | -€3,245 | -825% |
| Operating profit (loss) | 9901 | -€393 | -€3,638 | -€3,245 | -825% |
| Financial income | 75/76B | €1,415 | €2,271 | +€856 | +60.5% |
| Recurring financial income | 75 | €1,415 | €2,271 | +€856 | +60.5% |
| Financial charges | 65/66B | €42 | - | -€42 | |
| Recurring financial charges | 65 | €42 | - | -€42 | |
| Profit (loss) for the period before taxes | 9903 | €980 | -€1,368 | -€2,347 | |
| Income taxes | 67/77 | €332 | -€53 | -€385 | |
| Profit (loss) for the period | 9904 | €648 | -€1,314 | -€1,962 | |
| Profit (loss) for the period to be appropriated | 9905 | €648 | -€1,314 | -€1,962 |
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 15 October 2026 via checked.be.