34ETAIL: 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.
34ETAIL
Largest movements
- Cash -€15,450
down €15,450 (-100.0%), from €15,450 to €0
mainly Net result for the year (-€26,416) and Tax, wage and social debts (-€7,300)
- Receivables within one year -€2,686
down €2,686 (-23.6%), from €11,384 to €8,697
of which Trade receivables: -€2,596
- Deferred charges and accrued income -€708
down €708 (-100.0%), from €708 to €0
- Profit (loss) carried forward -€26,416
down €26,416 (-1080.9%), from -€2,444 to -€28,860
- Other debts +€14,291
up €14,291 (+740.8%), from €1,929 to €16,220
- Tax, wage and social debts -€7,300
down €7,300 (-66.7%), from €10,949 to €3,649
- Trade debts +€417
up €417 (+44.9%), from €929 to €1,345
- Gross operating margin -€30,821
down €30,821, from €8,090 to -€22,730
- Taxes -€1,163
down €1,163 (-89.1%), from €1,305 to €142
- Financial charges +€522
up €522 (+283.0%), from €184 to €706
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 | €35,952 | €16,956 | -€18,997 | -52.8% |
| Fixed assets | 21/28 | €8,411 | €8,258 | -€153 | -1.8% |
| Intangible fixed assets | 21 | €691 | €472 | -€220 | -31.8% |
| Tangible fixed assets | 22/27 | €7,720 | €7,787 | +€67 | +0.9% |
| Land and buildings | 22 | €3,487 | €4,848 | +€1,361 | +39.0% |
| Furniture and vehicles | 24 | €4,232 | €2,939 | -€1,294 | -30.6% |
| Current assets | 29/58 | €27,541 | €8,697 | -€18,844 | -68.4% |
| Amounts receivable within one year | 40/41 | €11,384 | €8,697 | -€2,686 | -23.6% |
| Trade receivables | 40 | €11,294 | €8,697 | -€2,596 | -23.0% |
| Other amounts receivable | 41 | €90 | €0 | -€90 | -100.0% |
| Cash at bank and in hand | 54/58 | €15,450 | €0 | -€15,450 | -100.0% |
| Deferred charges and accrued income | 490/1 | €708 | €0 | -€708 | -100.0% |
| Total equity and liabilities | 10/49 | €35,952 | €16,956 | -€18,997 | -52.8% |
| Equity | 10/15 | €22,146 | -€4,271 | -€26,416 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €22,590 | €22,590 | = | 0.0% |
| Distributable reserves | 133 | €22,590 | €22,590 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,444 | -€28,860 | -€26,416 | -1080.9% |
| Amounts payable | 17/49 | €13,807 | €21,227 | +€7,420 | +53.7% |
| Amounts payable within one year | 42/48 | €13,807 | €21,227 | +€7,420 | +53.7% |
| Financial debts | 43 | - | €13 | +€13 | |
| Credit institutions | 430/8 | - | €13 | +€13 | |
| Trade debts | 44 | €929 | €1,345 | +€417 | +44.9% |
| Suppliers | 440/4 | €929 | €1,345 | +€417 | +44.9% |
| Taxes, remuneration and social security | 45 | €10,949 | €3,649 | -€7,300 | -66.7% |
| Taxes | 450/3 | €10,949 | €3,649 | -€7,300 | -66.7% |
| Other amounts payable | 47/48 | €1,929 | €16,220 | +€14,291 | +740.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,863 | €2,053 | +€190 | +10.2% |
| Other operating charges | 640/8 | €754 | €785 | +€32 | +4.2% |
| Non-recurring operating charges | 66A | €6,429 | €0 | -€6,429 | -100.0% |
| Gross operating margin | 9900 | €8,090 | -€22,730 | -€30,821 | |
| Operating profit (loss) | 9901 | -€955 | -€25,568 | -€24,614 | -2578.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €184 | €706 | +€522 | +283.0% |
| Recurring financial charges | 65 | €184 | €706 | +€522 | +283.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,139 | -€26,274 | -€25,135 | -2206.8% |
| Income taxes | 67/77 | €1,305 | €142 | -€1,163 | -89.1% |
| Profit (loss) for the period | 9904 | -€2,444 | -€26,416 | -€23,973 | -980.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,444 | -€26,416 | -€23,973 | -980.9% |
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 4 October 2026 via checked.be.