A-FOCUS: 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-FOCUS
Largest movements
- Cash +€761
up €761 (+3299.0%), from €23 to €784
mainly Debts after one year (+€1,150)
- Debts after one year +€1,150
up €1,150 (+2.3%), from €49,878 to €51,028
- Profit (loss) carried forward -€389
down €389 (-0.6%), from -€68,455 to -€68,845
- Gross operating margin +€989
up €989 (+79.9%), from -€1,237 to -€248
- Financial charges +€21
new in 2025: €21
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 | €23 | €784 | +€761 | +3299.0% |
| Current assets | 29/58 | €23 | €784 | +€761 | +3299.0% |
| Cash at bank and in hand | 54/58 | €23 | €784 | +€761 | +3299.0% |
| Total equity and liabilities | 10/49 | €23 | €784 | +€761 | +3299.0% |
| Equity | 10/15 | -€49,855 | -€50,245 | -€389 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,455 | -€68,845 | -€389 | -0.6% |
| Amounts payable | 17/49 | €49,878 | €51,028 | +€1,150 | +2.3% |
| Amounts payable after more than one year | 17 | €49,878 | €51,028 | +€1,150 | +2.3% |
| Other amounts payable | 178/9 | €49,878 | €51,028 | +€1,150 | +2.3% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€1,237 | -€248 | +€989 | +79.9% |
| Operating profit (loss) | 9901 | -€1,355 | -€368 | +€987 | +72.8% |
| Financial charges | 65/66B | - | €21 | +€21 | |
| Recurring financial charges | 65 | - | €21 | +€21 | |
| Profit (loss) for the period before taxes | 9903 | -€1,355 | -€389 | +€966 | +71.3% |
| Profit (loss) for the period | 9904 | -€1,355 | -€389 | +€966 | +71.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,355 | -€389 | +€966 | +71.3% |
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 10 October 2026 via checked.be.