A BLUE LINE: 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.
A BLUE LINE
Largest movements
- Receivables within one year -€19,229
down €19,229 (-73.1%), from €26,303 to €7,074
of which Trade receivables: -€19,891
- Cash +€12,982
up €12,982 (+213%), from €6,095 to €19,077
mainly Receivables within one year (+€19,229) and Depreciation (+€4,214)
- Tangible fixed assets -€3,481
down €3,481 (-27.1%), from €12,844 to €9,362
of which Furniture and vehicles: -€2,656
- Stocks and contracts -€1,915
down €1,915 (-39.0%), from €4,915 to €3,000
- Deferred charges and accrued income -€784
down €784 (-80.8%), from €971 to €187
- Trade debts -€6,915
down €6,915 (-83.0%), from €8,330 to €1,415
- Tax, wage and social debts -€4,164
down €4,164 (-70.6%), from €5,900 to €1,736
- Profit (loss) carried forward -€1,473
down €1,473 (-9.4%), from €15,683 to €14,209
- Gross operating margin -€2,612
down €2,612 (-29.3%), from €8,921 to €6,309
- Other operating charges -€1,648
down €1,648 (-86.0%), from €1,916 to €268
- Taxes +€165
up €165 (+20.9%), from €786 to €950
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 | €51,128 | €38,700 | -€12,428 | -24.3% |
| Fixed assets | 21/28 | €12,844 | €9,362 | -€3,481 | -27.1% |
| Tangible fixed assets | 22/27 | €12,844 | €9,362 | -€3,481 | -27.1% |
| Plant, machinery and equipment | 23 | €1,373 | €548 | -€825 | -60.1% |
| Furniture and vehicles | 24 | €11,471 | €8,814 | -€2,656 | -23.2% |
| Current assets | 29/58 | €38,284 | €29,337 | -€8,947 | -23.4% |
| Stocks and contracts in progress | 3 | €4,915 | €3,000 | -€1,915 | -39.0% |
| Stocks | 30/36 | €4,915 | €3,000 | -€1,915 | -39.0% |
| Amounts receivable within one year | 40/41 | €26,303 | €7,074 | -€19,229 | -73.1% |
| Trade receivables | 40 | €26,303 | €6,412 | -€19,891 | -75.6% |
| Other amounts receivable | 41 | - | €662 | +€662 | |
| Cash at bank and in hand | 54/58 | €6,095 | €19,077 | +€12,982 | +213% |
| Deferred charges and accrued income | 490/1 | €971 | €187 | -€784 | -80.8% |
| Total equity and liabilities | 10/49 | €51,128 | €38,700 | -€12,428 | -24.3% |
| Equity | 10/15 | €30,183 | €28,709 | -€1,473 | -4.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,683 | €14,209 | -€1,473 | -9.4% |
| Amounts payable | 17/49 | €20,945 | €9,991 | -€10,955 | -52.3% |
| Amounts payable within one year | 42/48 | €20,945 | €9,991 | -€10,955 | -52.3% |
| Trade debts | 44 | €8,330 | €1,415 | -€6,915 | -83.0% |
| Suppliers | 440/4 | €8,330 | €1,415 | -€6,915 | -83.0% |
| Taxes, remuneration and social security | 45 | €5,900 | €1,736 | -€4,164 | -70.6% |
| Taxes | 450/3 | €5,900 | €1,736 | -€4,164 | -70.6% |
| Other amounts payable | 47/48 | €6,715 | €6,839 | +€124 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,142 | €4,214 | +€71 | +1.7% |
| Other operating charges | 640/8 | €1,916 | €268 | -€1,648 | -86.0% |
| Non-recurring operating charges | 66A | - | €2,222 | +€2,222 | |
| Gross operating margin | 9900 | €8,921 | €6,309 | -€2,612 | -29.3% |
| Operating profit (loss) | 9901 | €2,863 | -€395 | -€3,258 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €77 | €128 | +€51 | +67.1% |
| Recurring financial charges | 65 | €77 | €128 | +€51 | +67.1% |
| Profit (loss) for the period before taxes | 9903 | €2,786 | -€523 | -€3,309 | |
| Income taxes | 67/77 | €786 | €950 | +€165 | +20.9% |
| Profit (loss) for the period | 9904 | €2,000 | -€1,473 | -€3,474 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,000 | -€1,473 | -€3,474 |
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 23 October 2026 via checked.be.