20.20.20.: 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.
20.20.20.
Largest movements
- Receivables within one year -€1,046
no longer reported in 2025 (was €1,046)
- Profit (loss) carried forward -€4,997
down €4,997 (-5.5%), from -€91,566 to -€96,563
- Provisions +€3,000
new in 2025: €3,000
- Other debts +€1,306
up €1,306 (+1.7%), from €75,668 to €76,974
- Short-term financial debts -€233
down €233 (-98.2%), from €237 to €4
- Trade debts -€122
no longer reported in 2025 (was €122)
- Provisions +€3,000
new in 2025: €3,000
- Write-downs +€1,046
new in 2025: €1,046
- Financial charges -€55
down €55 (-34.5%), from €159 to €104
- Gross operating margin +€52
up €52 (+5.8%), from -€900 to -€847
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 | €3,053 | €2,007 | -€1,046 | -34.2% |
| Current assets | 29/58 | €3,053 | €2,007 | -€1,046 | -34.2% |
| Amounts receivable within one year | 40/41 | €1,046 | - | -€1,046 | |
| Trade receivables | 40 | €1,046 | - | -€1,046 | |
| Cash at bank and in hand | 54/58 | €2,007 | €2,007 | = | 0.0% |
| Total equity and liabilities | 10/49 | €3,053 | €2,007 | -€1,046 | -34.2% |
| Equity | 10/15 | -€72,974 | -€77,971 | -€4,997 | -6.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,566 | -€96,563 | -€4,997 | -5.5% |
| Provisions and deferred taxes | 16 | - | €3,000 | +€3,000 | |
| Provisions for liabilities and charges | 160/5 | - | €3,000 | +€3,000 | |
| Other liabilities and charges | 164/5 | - | €3,000 | +€3,000 | |
| Amounts payable | 17/49 | €76,027 | €76,978 | +€952 | +1.3% |
| Amounts payable within one year | 42/48 | €76,027 | €76,978 | +€952 | +1.3% |
| Financial debts | 43 | €237 | €4 | -€233 | -98.2% |
| Credit institutions | 430/8 | €237 | €4 | -€233 | -98.2% |
| Trade debts | 44 | €122 | - | -€122 | |
| Suppliers | 440/4 | €122 | - | -€122 | |
| Other amounts payable | 47/48 | €75,668 | €76,974 | +€1,306 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,046 | +€1,046 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €3,000 | +€3,000 | |
| Gross operating margin | 9900 | -€900 | -€847 | +€52 | +5.8% |
| Operating profit (loss) | 9901 | -€900 | -€4,893 | -€3,993 | -444% |
| Financial charges | 65/66B | €159 | €104 | -€55 | -34.5% |
| Recurring financial charges | 65 | €159 | €104 | -€55 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,059 | -€4,997 | -€3,938 | -372% |
| Profit (loss) for the period | 9904 | -€1,059 | -€4,997 | -€3,938 | -372% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,059 | -€4,997 | -€3,938 | -372% |
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 26 October 2026 via checked.be.