222p.c: what changed
Two fiscal 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.
222p.c
Largest movements
- Tangible fixed assets +€21,477
up €21,477 (+1893.3%), from €1,134 to €22,612
of which Plant, machinery and equipment: +€16,289
- Receivables within one year +€13,786
up €13,786 (+2739.0%), from €503 to €14,289
of which Other amounts receivable: +€13,350
- Cash +€1,595
up €1,595 (+221525.0%), from €1 to €1,596
mainly Debts after one year (+€34,855) and Current portion of long-term debt (+€10,909)
- Deferred charges and accrued income -€1,171
down €1,171 (-75.6%), from €1,548 to €377
- Debts after one year +€34,855
new in 2025: €34,855
- Other debts -€12,140
down €12,140 (-100.0%), from €12,140 to €0
- Current portion of long-term debt +€10,909
new in 2025: €10,909
- Tax, wage and social debts +€5,100
up €5,100 (+738.8%), from €690 to €5,791
- Profit (loss) carried forward -€3,402
down €3,402 (-27.5%), from -€12,383 to -€15,786
- Gross operating margin +€16,387
up €16,387, from -€11,634 to €4,753
- Depreciation +€4,715
up €4,715 (+2227.2%), from €212 to €4,926
- Financial charges +€2,912
up €2,912 (+1937.8%), from €150 to €3,062
- Financial income +€377
up €377 (+3770000.0%), from €0 to €377
- Other operating charges +€157
up €157 (+40.5%), from €387 to €544
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 | €9,093 | €44,780 | +€35,687 | +392.5% |
| Fixed assets | 21/28 | €4,284 | €25,762 | +€21,477 | +501.3% |
| Tangible fixed assets | 22/27 | €1,134 | €22,612 | +€21,477 | +1893.3% |
| Plant, machinery and equipment | 23 | - | €16,289 | +€16,289 | |
| Other tangible fixed assets | 26 | €1,134 | €6,322 | +€5,188 | +457.3% |
| Financial fixed assets | 28 | €3,150 | €3,150 | = | 0.0% |
| Current assets | 29/58 | €4,808 | €19,018 | +€14,210 | +295.5% |
| Stocks and contracts in progress | 3 | €2,756 | €2,756 | = | 0.0% |
| Stocks | 30/36 | €2,756 | €2,756 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €503 | €14,289 | +€13,786 | +2739.0% |
| Trade receivables | 40 | €290 | €726 | +€436 | +150.3% |
| Other amounts receivable | 41 | €213 | €13,563 | +€13,350 | +6258.1% |
| Cash at bank and in hand | 54/58 | €1 | €1,596 | +€1,595 | +221525.0% |
| Deferred charges and accrued income | 490/1 | €1,548 | €377 | -€1,171 | -75.6% |
| Total equity and liabilities | 10/49 | €9,093 | €44,780 | +€35,687 | +392.5% |
| Equity | 10/15 | -€11,383 | -€14,786 | -€3,402 | -29.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,383 | -€15,786 | -€3,402 | -27.5% |
| Amounts payable | 17/49 | €20,476 | €59,565 | +€39,089 | +190.9% |
| Amounts payable after more than one year | 17 | - | €34,855 | +€34,855 | |
| Financial debts | 170/4 | - | €34,855 | +€34,855 | |
| Amounts payable within one year | 42/48 | €20,476 | €24,711 | +€4,234 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | - | €10,909 | +€10,909 | |
| Trade debts | 44 | €7,646 | €8,011 | +€365 | +4.8% |
| Suppliers | 440/4 | €7,646 | €8,011 | +€365 | +4.8% |
| Taxes, remuneration and social security | 45 | €690 | €5,791 | +€5,100 | +738.8% |
| Taxes | 450/3 | €690 | €5,791 | +€5,100 | +738.8% |
| Other amounts payable | 47/48 | €12,140 | €0 | -€12,140 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212 | €4,926 | +€4,715 | +2227.2% |
| Other operating charges | 640/8 | €387 | €544 | +€157 | +40.5% |
| Gross operating margin | 9900 | -€11,634 | €4,753 | +€16,387 | |
| Operating profit (loss) | 9901 | -€12,233 | -€717 | +€11,516 | +94.1% |
| Financial income | 75/76B | €0 | €377 | +€377 | +3770000.0% |
| Recurring financial income | 75 | €0 | €377 | +€377 | +3770000.0% |
| Financial charges | 65/66B | €150 | €3,062 | +€2,912 | +1937.8% |
| Recurring financial charges | 65 | €150 | €3,062 | +€2,912 | +1937.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,383 | -€3,402 | +€8,981 | +72.5% |
| Profit (loss) for the period | 9904 | -€12,383 | -€3,402 | +€8,981 | +72.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,383 | -€3,402 | +€8,981 | +72.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.