2710: 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.
2710
Largest movements
- Receivables within one year -€19,674
down €19,674 (-37.2%), from €52,838 to €33,165
of which Trade receivables: -€19,674
- Cash -€4,784
down €4,784 (-12.1%), from €39,416 to €34,633
mainly Contributions, distributions and other (-€50,000) and Trade debts (-€19,498)
- Reserves -€63,559
down €63,559 (-51.4%), from €123,748 to €60,188
- Other debts +€53,365
up €53,365 (+13926.8%), from €383 to €53,748
- Trade debts -€19,498
down €19,498 (-86.6%), from €22,512 to €3,013
of which Bills of exchange payable: -€11,794
- Tax, wage and social debts +€3,942
up €3,942 (+117.8%), from €3,345 to €7,286
- Gross operating margin -€34,249
down €34,249, from €24,930 to -€9,319
- Taxes -€6,432
down €6,432 (-96.6%), from €6,660 to €228
- Financial charges +€711
up €711 (+47.0%), from €1,511 to €2,221
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 | €156,187 | €130,436 | -€25,751 | -16.5% |
| Fixed assets | 21/28 | €13,933 | €12,639 | -€1,294 | -9.3% |
| Intangible fixed assets | 21 | €3,538 | €2,740 | -€798 | -22.6% |
| Tangible fixed assets | 22/27 | €9,595 | €9,099 | -€496 | -5.2% |
| Plant, machinery and equipment | 23 | €773 | €413 | -€360 | -46.6% |
| Furniture and vehicles | 24 | €322 | €186 | -€136 | -42.3% |
| Other tangible fixed assets | 26 | €8,500 | €8,500 | = | 0.0% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €142,255 | €117,797 | -€24,457 | -17.2% |
| Amounts receivable within one year | 40/41 | €52,838 | €33,165 | -€19,674 | -37.2% |
| Trade receivables | 40 | €52,838 | €33,165 | -€19,674 | -37.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €39,416 | €34,633 | -€4,784 | -12.1% |
| Total equity and liabilities | 10/49 | €156,187 | €130,436 | -€25,751 | -16.5% |
| Equity | 10/15 | €129,948 | €66,388 | -€63,559 | -48.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €123,748 | €60,188 | -€63,559 | -51.4% |
| Distributable reserves | 133 | €123,748 | €60,188 | -€63,559 | -51.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €26,240 | €64,048 | +€37,808 | +144.1% |
| Amounts payable within one year | 42/48 | €26,240 | €64,048 | +€37,808 | +144.1% |
| Trade debts | 44 | €22,512 | €3,013 | -€19,498 | -86.6% |
| Suppliers | 440/4 | €10,718 | €3,013 | -€7,704 | -71.9% |
| Bills of exchange payable | 441 | €11,794 | €0 | -€11,794 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,345 | €7,286 | +€3,942 | +117.8% |
| Taxes | 450/3 | €3,345 | €7,286 | +€3,942 | +117.8% |
| Other amounts payable | 47/48 | €383 | €53,748 | +€53,365 | +13926.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,093 | €1,294 | +€201 | +18.4% |
| Other operating charges | 640/8 | €1,032 | €871 | -€161 | -15.6% |
| Gross operating margin | 9900 | €24,930 | -€9,319 | -€34,249 | |
| Operating profit (loss) | 9901 | €22,805 | -€11,484 | -€34,289 | |
| Financial income | 75/76B | €459 | €373 | -€86 | -18.8% |
| Recurring financial income | 75 | €459 | €373 | -€86 | -18.8% |
| Financial charges | 65/66B | €1,511 | €2,221 | +€711 | +47.0% |
| Recurring financial charges | 65 | €1,511 | €2,221 | +€711 | +47.0% |
| Profit (loss) for the period before taxes | 9903 | €21,754 | -€13,332 | -€35,086 | |
| Income taxes | 67/77 | €6,660 | €228 | -€6,432 | -96.6% |
| Profit (loss) for the period | 9904 | €15,094 | -€13,559 | -€28,654 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,094 | -€13,559 | -€28,654 |
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 5 October 2026 via checked.be.