10 LUNES: 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.
10 LUNES
Largest movements
- Cash -€11,504
down €11,504 (-56.9%), from €20,218 to €8,713
mainly Net result for the year (-€17,472) and Debts after one year (-€3,966)
- Receivables within one year -€7,083
no longer reported in 2025 (was €7,083)
- Tangible fixed assets -€4,750
down €4,750 (-45.1%), from €10,538 to €5,789
of which Leasing and similar rights: -€3,887
- Profit (loss) carried forward -€17,472
down €17,472, from €734 to -€16,738
- Debts after one year -€3,966
no longer reported in 2025 (was €3,966)
- Current portion of long-term debt -€2,114
down €2,114 (-34.8%), from €6,080 to €3,966
- Gross operating margin -€4,680
down €4,680 (-76.0%), from -€6,159 to -€10,839
- Financial income -€221
down €221 (-64.6%), from €343 to €121
- Taxes -€151
down €151 (-60.0%), from €251 to €100
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 | €39,132 | €15,887 | -€23,245 | -59.4% |
| Fixed assets | 21/28 | €11,388 | €6,639 | -€4,750 | -41.7% |
| Tangible fixed assets | 22/27 | €10,538 | €5,789 | -€4,750 | -45.1% |
| Plant, machinery and equipment | 23 | €521 | €316 | -€205 | -39.4% |
| Furniture and vehicles | 24 | €1,083 | €425 | -€658 | -60.8% |
| Leasing and similar rights | 25 | €8,935 | €5,048 | -€3,887 | -43.5% |
| Financial fixed assets | 28 | €850 | €850 | = | 0.0% |
| Current assets | 29/58 | €27,743 | €9,248 | -€18,495 | -66.7% |
| Amounts receivable within one year | 40/41 | €7,083 | - | -€7,083 | |
| Other amounts receivable | 41 | €7,083 | - | -€7,083 | |
| Cash at bank and in hand | 54/58 | €20,218 | €8,713 | -€11,504 | -56.9% |
| Deferred charges and accrued income | 490/1 | €442 | €535 | +€92 | +20.9% |
| Total equity and liabilities | 10/49 | €39,132 | €15,887 | -€23,245 | -59.4% |
| Equity | 10/15 | €28,832 | €11,360 | -€17,472 | -60.6% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €13,838 | €13,838 | = | 0.0% |
| Distributable reserves | 133 | €13,838 | €13,838 | = | 0.0% |
| Profit (loss) carried forward | 14 | €734 | -€16,738 | -€17,472 | |
| Amounts payable | 17/49 | €10,300 | €4,526 | -€5,773 | -56.1% |
| Amounts payable after more than one year | 17 | €3,966 | - | -€3,966 | |
| Financial debts | 170/4 | €3,966 | - | -€3,966 | |
| Amounts payable within one year | 42/48 | €6,333 | €4,526 | -€1,807 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €6,080 | €3,966 | -€2,114 | -34.8% |
| Trade debts | 44 | €185 | €349 | +€164 | +88.6% |
| Suppliers | 440/4 | €185 | €349 | +€164 | +88.6% |
| Taxes, remuneration and social security | 45 | €68 | €175 | +€107 | +157% |
| Taxes | 450/3 | €68 | €175 | +€107 | +157% |
| Other amounts payable | 47/48 | - | €36 | +€36 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,651 | €4,750 | +€98 | +2.1% |
| Other operating charges | 640/8 | €1,527 | €1,558 | +€30 | +2.0% |
| Non-recurring operating charges | 66A | €220 | - | -€220 | |
| Gross operating margin | 9900 | -€6,159 | -€10,839 | -€4,680 | -76.0% |
| Operating profit (loss) | 9901 | -€12,558 | -€17,147 | -€4,589 | -36.5% |
| Financial income | 75/76B | €343 | €121 | -€221 | -64.6% |
| Recurring financial income | 75 | €343 | €121 | -€221 | -64.6% |
| Financial charges | 65/66B | €401 | €346 | -€56 | -13.8% |
| Recurring financial charges | 65 | €401 | €346 | -€56 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,617 | -€17,371 | -€4,755 | -37.7% |
| Income taxes | 67/77 | €251 | €100 | -€151 | -60.0% |
| Profit (loss) for the period | 9904 | -€12,868 | -€17,472 | -€4,604 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,868 | -€17,472 | -€4,604 | -35.8% |
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.