7eme DIMENSION: 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.
7eme DIMENSION
Largest movements
- Receivables within one year -€130,768
down €130,768 (-27.3%), from €478,859 to €348,091
of which Trade receivables: -€104,477
- Financial fixed assets -€33,318
down €33,318 (-44.2%), from €75,366 to €42,048
- Cash -€23,738
down €23,738 (-30.1%), from €78,780 to €55,042
mainly Accrued charges and deferred income (-€154,931) and Tax, wage and social debts (-€80,863)
- Stocks and contracts -€23,509
no longer reported in 2025 (was €23,509)
- Tangible fixed assets -€9,817
down €9,817 (-58.7%), from €16,727 to €6,911
of which Furniture and vehicles: -€7,649
- Accrued charges and deferred income -€154,931
no longer reported in 2025 (was €154,931)
- Tax, wage and social debts -€80,863
down €80,863 (-95.4%), from €84,735 to €3,872
- Profit (loss) carried forward +€13,664
up €13,664 (+4.0%), from €344,412 to €358,076
- Gross operating margin -€103,815
down €103,815 (-53.5%), from €194,205 to €90,389
- Taxes -€29,375
down €29,375 (-73.8%), from €39,779 to €10,404
- Depreciation -€8,987
down €8,987 (-61.2%), from €14,684 to €5,698
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 | €679,750 | €457,681 | -€222,069 | -32.7% |
| Fixed assets | 21/28 | €92,093 | €48,959 | -€43,135 | -46.8% |
| Tangible fixed assets | 22/27 | €16,727 | €6,911 | -€9,817 | -58.7% |
| Plant, machinery and equipment | 23 | €7,899 | €5,731 | -€2,168 | -27.4% |
| Furniture and vehicles | 24 | €8,828 | €1,180 | -€7,649 | -86.6% |
| Financial fixed assets | 28 | €75,366 | €42,048 | -€33,318 | -44.2% |
| Current assets | 29/58 | €587,657 | €408,723 | -€178,935 | -30.4% |
| Stocks and contracts in progress | 3 | €23,509 | - | -€23,509 | |
| Stocks | 30/36 | €23,509 | - | -€23,509 | |
| Amounts receivable within one year | 40/41 | €478,859 | €348,091 | -€130,768 | -27.3% |
| Trade receivables | 40 | €106,186 | €1,709 | -€104,477 | -98.4% |
| Other amounts receivable | 41 | €372,673 | €346,382 | -€26,291 | -7.1% |
| Cash at bank and in hand | 54/58 | €78,780 | €55,042 | -€23,738 | -30.1% |
| Deferred charges and accrued income | 490/1 | €6,509 | €5,589 | -€920 | -14.1% |
| Total equity and liabilities | 10/49 | €679,750 | €457,681 | -€222,069 | -32.7% |
| Equity | 10/15 | €364,872 | €378,536 | +€13,664 | +3.7% |
| 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 | €344,412 | €358,076 | +€13,664 | +4.0% |
| Amounts payable | 17/49 | €314,878 | €79,145 | -€235,733 | -74.9% |
| Amounts payable within one year | 42/48 | €159,947 | €79,145 | -€80,802 | -50.5% |
| Current portion of amounts payable after more than one year | 42 | €2,887 | - | -€2,887 | |
| Trade debts | 44 | €72,325 | €75,273 | +€2,948 | +4.1% |
| Suppliers | 440/4 | €72,325 | €75,273 | +€2,948 | +4.1% |
| Taxes, remuneration and social security | 45 | €84,735 | €3,872 | -€80,863 | -95.4% |
| Taxes | 450/3 | €84,735 | €3,872 | -€80,863 | -95.4% |
| Accrued charges and deferred income | 492/3 | €154,931 | - | -€154,931 | |
| Non-recurring operating income | 76A | €10,331 | €846 | -€9,485 | -91.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,684 | €5,698 | -€8,987 | -61.2% |
| Other operating charges | 640/8 | €1,918 | €1,604 | -€314 | -16.4% |
| Non-recurring operating charges | 66A | - | €2,521 | +€2,521 | |
| Gross operating margin | 9900 | €194,205 | €90,389 | -€103,815 | -53.5% |
| Operating profit (loss) | 9901 | €177,602 | €80,567 | -€97,035 | -54.6% |
| Financial income | 75/76B | €1,612 | €3,041 | +€1,429 | +88.6% |
| Recurring financial income | 75 | €1,612 | €3,041 | +€1,429 | +88.6% |
| Financial charges | 65/66B | €1,177 | €716 | -€461 | -39.2% |
| Recurring financial charges | 65 | €1,177 | €716 | -€461 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €178,037 | €82,892 | -€95,145 | -53.4% |
| Income taxes | 67/77 | €39,779 | €10,404 | -€29,375 | -73.8% |
| Profit (loss) for the period | 9904 | €138,258 | €72,488 | -€65,770 | -47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €138,258 | €72,488 | -€65,770 | -47.6% |
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.