62 BAD IDEAS: 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.
62 BAD IDEAS
Largest movements
- Cash +€24,653
up €24,653 (+37.8%), from €65,143 to €89,796
mainly Other debts (+€111,583) and Receivables within one year (+€17,971)
- Receivables within one year -€17,971
down €17,971 (-84.1%), from €21,359 to €3,388
of which Trade receivables: -€12,328
- Tangible fixed assets -€6,393
down €6,393 (-41.1%), from €15,556 to €9,163
- Current investments +€6,179
up €6,179 (+25.0%), from €24,723 to €30,902
- Other debts +€111,583
new in 2025: €111,583
- Profit (loss) carried forward -€102,501
down €102,501 (-100%), from €102,501 to €0
- Trade debts -€2,210
down €2,210 (-99.9%), from €2,213 to €3
- Taxes +€2,438
up €2,438 (+1,171%), from €208 to €2,646
- Financial charges -€765
down €765 (-37.5%), from €2,042 to €1,276
- Depreciation +€714
up €714 (+12.6%), from €5,679 to €6,393
- Gross operating margin +€402
up €402 (+2.0%), from €20,379 to €20,781
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.
Derived cash bridge
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 | €127,506 | €133,983 | +€6,477 | +5.1% |
| Fixed assets | 21/28 | €15,606 | €9,213 | -€6,393 | -41.0% |
| Tangible fixed assets | 22/27 | €15,556 | €9,163 | -€6,393 | -41.1% |
| Land and buildings | 22 | €4,086 | €2,436 | -€1,650 | -40.4% |
| Plant, machinery and equipment | 23 | €3,193 | €1,517 | -€1,675 | -52.5% |
| Furniture and vehicles | 24 | €8,278 | €5,210 | -€3,067 | -37.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €111,899 | €124,769 | +€12,870 | +11.5% |
| Amounts receivable within one year | 40/41 | €21,359 | €3,388 | -€17,971 | -84.1% |
| Trade receivables | 40 | €15,716 | €3,388 | -€12,328 | -78.4% |
| Other amounts receivable | 41 | €5,643 | €0 | -€5,643 | -100% |
| Current investments | 50/53 | €24,723 | €30,902 | +€6,179 | +25.0% |
| Cash at bank and in hand | 54/58 | €65,143 | €89,796 | +€24,653 | +37.8% |
| Deferred charges and accrued income | 490/1 | €674 | €683 | +€10 | +1.4% |
| Total equity and liabilities | 10/49 | €127,506 | €133,983 | +€6,477 | +5.1% |
| Equity | 10/15 | €122,961 | €20,460 | -€102,501 | -83.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,501 | €0 | -€102,501 | -100% |
| Amounts payable | 17/49 | €4,544 | €113,523 | +€108,978 | +2,398% |
| Amounts payable within one year | 42/48 | €4,544 | €113,523 | +€108,978 | +2,398% |
| Trade debts | 44 | €2,213 | €3 | -€2,210 | -99.9% |
| Suppliers | 440/4 | €2,213 | €3 | -€2,210 | -99.9% |
| Taxes, remuneration and social security | 45 | €2,332 | €1,937 | -€395 | -16.9% |
| Taxes | 450/3 | €2,332 | €1,937 | -€395 | -16.9% |
| Other amounts payable | 47/48 | - | €111,583 | +€111,583 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,679 | €6,393 | +€714 | +12.6% |
| Other operating charges | 640/8 | €607 | €465 | -€142 | -23.4% |
| Gross operating margin | 9900 | €20,379 | €20,781 | +€402 | +2.0% |
| Operating profit (loss) | 9901 | €14,093 | €13,923 | -€170 | -1.2% |
| Financial income | 75/76B | €0 | €185 | +€185 | +92,320% |
| Recurring financial income | 75 | €0 | €185 | +€185 | +92,320% |
| Financial charges | 65/66B | €2,042 | €1,276 | -€765 | -37.5% |
| Recurring financial charges | 65 | €2,042 | €1,276 | -€765 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €12,052 | €12,831 | +€780 | +6.5% |
| Income taxes | 67/77 | €208 | €2,646 | +€2,438 | +1,171% |
| Profit (loss) for the period | 9904 | €11,843 | €10,185 | -€1,658 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,843 | €10,185 | -€1,658 | -14.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.