2C: 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.
2C
Largest movements
- Cash +€10,703
new in 2025: €10,703
mainly Net result for the year (+€18,871) and Depreciation (+€8,464)
- Tangible fixed assets -€9,691
down €9,691 (-35.7%), from €27,112 to €17,421
of which Furniture and vehicles: -€8,081
- Receivables within one year -€5,951
down €5,951 (-38.1%), from €15,608 to €9,657
of which Trade receivables: -€7,404
- Trade debts -€22,738
down €22,738 (-72.2%), from €31,476 to €8,738
- Profit (loss) carried forward +€18,871
up €18,871 (+44.8%), from -€42,134 to -€23,262
- Other debts -€3,601
down €3,601 (-15.1%), from €23,807 to €20,206
- Tax, wage and social debts +€2,523
up €2,523 (+4072.5%), from €62 to €2,585
- Gross operating margin +€55,944
up €55,944, from -€27,814 to €28,130
- Other operating charges +€413
up €413 (+176.2%), from €234 to €647
- Financial charges -€378
down €378 (-88.8%), from €426 to €48
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 | €42,725 | €37,780 | -€4,945 | -11.6% |
| Fixed assets | 21/28 | €27,112 | €17,421 | -€9,691 | -35.7% |
| Tangible fixed assets | 22/27 | €27,112 | €17,421 | -€9,691 | -35.7% |
| Furniture and vehicles | 24 | €24,354 | €16,273 | -€8,081 | -33.2% |
| Other tangible fixed assets | 26 | €2,758 | €1,148 | -€1,610 | -58.4% |
| Current assets | 29/58 | €15,613 | €20,360 | +€4,746 | +30.4% |
| Amounts receivable within one year | 40/41 | €15,608 | €9,657 | -€5,951 | -38.1% |
| Trade receivables | 40 | €11,806 | €4,402 | -€7,404 | -62.7% |
| Other amounts receivable | 41 | €3,802 | €5,255 | +€1,453 | +38.2% |
| Cash at bank and in hand | 54/58 | - | €10,703 | +€10,703 | |
| Deferred charges and accrued income | 490/1 | €5 | - | -€5 | |
| Total equity and liabilities | 10/49 | €42,725 | €37,780 | -€4,945 | -11.6% |
| Equity | 10/15 | -€12,620 | €6,251 | +€18,871 | |
| Contributions | 10/11 | €18,785 | €18,785 | = | 0.0% |
| Reserves | 13 | €10,728 | €10,728 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,580 | - | -€5,580 | |
| Reserves not available under the articles | 1311 | €5,580 | - | -€5,580 | |
| Distributable reserves | 133 | €5,148 | €10,728 | +€5,580 | +108.4% |
| Profit (loss) carried forward | 14 | -€42,134 | -€23,262 | +€18,871 | +44.8% |
| Amounts payable | 17/49 | €55,345 | €31,529 | -€23,816 | -43.0% |
| Amounts payable within one year | 42/48 | €55,345 | €31,529 | -€23,816 | -43.0% |
| Trade debts | 44 | €31,476 | €8,738 | -€22,738 | -72.2% |
| Suppliers | 440/4 | €31,476 | €8,738 | -€22,738 | -72.2% |
| Taxes, remuneration and social security | 45 | €62 | €2,585 | +€2,523 | +4072.5% |
| Taxes | 450/3 | €62 | €2,585 | +€2,523 | +4072.5% |
| Other amounts payable | 47/48 | €23,807 | €20,206 | -€3,601 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,464 | €8,464 | +€0 | 0.0% |
| Other operating charges | 640/8 | €234 | €647 | +€413 | +176.2% |
| Gross operating margin | 9900 | -€27,814 | €28,130 | +€55,944 | |
| Operating profit (loss) | 9901 | -€36,512 | €19,019 | +€55,531 | |
| Financial income | 75/76B | €42 | €32 | -€10 | -23.0% |
| Recurring financial income | 75 | €42 | €32 | -€10 | -23.0% |
| Financial charges | 65/66B | €426 | €48 | -€378 | -88.8% |
| Recurring financial charges | 65 | €426 | €48 | -€378 | -88.8% |
| Profit (loss) for the period before taxes | 9903 | -€36,896 | €19,003 | +€55,899 | |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.0% |
| Profit (loss) for the period | 9904 | -€37,024 | €18,871 | +€55,896 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,024 | €18,871 | +€55,896 |
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 28 September 2026 via checked.be.