22 WAYS: 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.
22 WAYS
Largest movements
- Cash -€17,435
down €17,435 (-15.8%), from €110,173 to €92,738
- Profit (loss) carried forward -€19,294
down €19,294 (-20.0%), from €96,294 to €77,000
- Other debts +€4,193
up €4,193 (+330%), from €1,272 to €5,464
- Trade debts -€2,921
down €2,921 (-42.6%), from €6,849 to €3,928
- Contributions +€1,860
up €1,860 (+30.0%), from €6,200 to €8,060
- Reserves -€1,860
no longer reported in 2025 (was €1,860)
- Turnover -€12,000
no longer reported in 2025 (was €12,000)
- Gross operating margin -€11,196
down €11,196, from €291 to -€10,905
- Taxes -€2,000
no longer reported in 2025 (was €2,000)
- Purchases and services -€804
down €804 (-6.9%), from €11,709 to €10,905
- Depreciation -€734
down €734 (-86.2%), from €852 to €118
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,475 | €94,453 | -€18,022 | -16.0% |
| Fixed assets | 21/28 | €1,770 | €1,534 | -€236 | -13.3% |
| Tangible fixed assets | 22/27 | €1,770 | €1,534 | -€236 | -13.3% |
| Land and buildings | 22 | €1,770 | €1,534 | -€236 | -13.3% |
| Current assets | 29/58 | €110,705 | €92,918 | -€17,786 | -16.1% |
| Amounts receivable within one year | 40/41 | €531 | €181 | -€351 | -66.0% |
| Other amounts receivable | 41 | €531 | €181 | -€351 | -66.0% |
| Cash at bank and in hand | 54/58 | €110,173 | €92,738 | -€17,435 | -15.8% |
| Total equity and liabilities | 10/49 | €112,475 | €94,453 | -€18,022 | -16.0% |
| Equity | 10/15 | €104,354 | €85,060 | -€19,294 | -18.5% |
| Contributions | 10/11 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Contributions outside capital | 11 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Other | 1109/19 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €96,294 | €77,000 | -€19,294 | -20.0% |
| Amounts payable | 17/49 | €8,121 | €9,393 | +€1,272 | +15.7% |
| Amounts payable within one year | 42/48 | €8,121 | €9,393 | +€1,272 | +15.7% |
| Trade debts | 44 | €6,849 | €3,928 | -€2,921 | -42.6% |
| Suppliers | 440/4 | €6,849 | €3,928 | -€2,921 | -42.6% |
| Other amounts payable | 47/48 | €1,272 | €5,464 | +€4,193 | +330% |
| Turnover | 70 | €12,000 | - | -€12,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €11,709 | €10,905 | -€804 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €852 | €118 | -€734 | -86.2% |
| Other operating charges | 640/8 | €922 | €1,055 | +€133 | +14.5% |
| Gross operating margin | 9900 | €291 | -€10,905 | -€11,196 | |
| Operating profit (loss) | 9901 | -€1,483 | -€12,078 | -€10,595 | -714% |
| Financial income | 75/76B | €519 | €871 | +€352 | +67.9% |
| Recurring financial income | 75 | €519 | €871 | +€352 | +67.9% |
| Financial charges | 65/66B | €96 | €96 | +€0 | +0.1% |
| Recurring financial charges | 65 | €96 | €96 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,060 | -€11,303 | -€10,243 | -966% |
| Income taxes | 67/77 | €2,000 | - | -€2,000 | |
| Profit (loss) for the period | 9904 | -€3,060 | -€11,303 | -€8,243 | -269% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,060 | -€11,303 | -€8,243 | -269% |
Source: filed annual accounts (NBB), financial years ended 30 December 2023 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.