A-TALES: 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-TALES
Largest movements
- Receivables within one year -€66,274
down €66,274 (-48.6%), from €136,238 to €69,965
of which Trade receivables: -€66,754
- Cash -€40,972
down €40,972 (-65.8%), from €62,284 to €21,312
mainly Net result for the year (-€54,690) and Trade debts (-€35,493)
- Intangible fixed assets +€6,334
up €6,334 (+27.4%), from €23,142 to €29,476
- Deferred charges and accrued income +€3,569
up €3,569 (+2,529%), from €141 to €3,710
- Tangible fixed assets +€3,078
new in 2025: €3,078
of which Furniture and vehicles: +€2,378
- Profit (loss) carried forward -€54,690
down €54,690 (-51.8%), from €105,574 to €50,885
- Trade debts -€35,493
down €35,493 (-48.9%), from €72,531 to €37,038
- Tax, wage and social debts -€4,086
down €4,086 (-9.6%), from €42,674 to €38,588
of which Taxes: -€12,245
- Gross operating margin -€113,274
down €113,274 (-81.9%), from €138,351 to €25,078
- Staff costs +€72,966
new in 2025: €72,966
- Taxes -€29,733
down €29,733 (-100%), from €29,733 to €0
- Financial charges +€2,398
up €2,398 (+538%), from €446 to €2,844
- Depreciation +€2,216
up €2,216 (+119%), from €1,858 to €4,075
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 | €221,806 | €127,541 | -€94,265 | -42.5% |
| Fixed assets | 21/28 | €23,142 | €32,554 | +€9,412 | +40.7% |
| Intangible fixed assets | 21 | €23,142 | €29,476 | +€6,334 | +27.4% |
| Tangible fixed assets | 22/27 | - | €3,078 | +€3,078 | |
| Plant, machinery and equipment | 23 | - | €236 | +€236 | |
| Furniture and vehicles | 24 | - | €2,378 | +€2,378 | |
| Other tangible fixed assets | 26 | - | €464 | +€464 | |
| Current assets | 29/58 | €198,664 | €94,987 | -€103,677 | -52.2% |
| Amounts receivable within one year | 40/41 | €136,238 | €69,965 | -€66,274 | -48.6% |
| Trade receivables | 40 | €136,214 | €69,461 | -€66,754 | -49.0% |
| Other amounts receivable | 41 | €24 | €504 | +€480 | +1,985% |
| Cash at bank and in hand | 54/58 | €62,284 | €21,312 | -€40,972 | -65.8% |
| Deferred charges and accrued income | 490/1 | €141 | €3,710 | +€3,569 | +2,529% |
| Total equity and liabilities | 10/49 | €221,806 | €127,541 | -€94,265 | -42.5% |
| Equity | 10/15 | €106,574 | €51,885 | -€54,690 | -51.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,574 | €50,885 | -€54,690 | -51.8% |
| Amounts payable | 17/49 | €115,231 | €75,656 | -€39,575 | -34.3% |
| Amounts payable within one year | 42/48 | €115,231 | €75,656 | -€39,575 | -34.3% |
| Trade debts | 44 | €72,531 | €37,038 | -€35,493 | -48.9% |
| Suppliers | 440/4 | €72,531 | €37,038 | -€35,493 | -48.9% |
| Taxes, remuneration and social security | 45 | €42,674 | €38,588 | -€4,086 | -9.6% |
| Taxes | 450/3 | €42,674 | €30,429 | -€12,245 | -28.7% |
| Remuneration and social security | 454/9 | - | €8,159 | +€8,159 | |
| Other amounts payable | 47/48 | €27 | €30 | +€4 | +13.5% |
| Remuneration, social security and pensions | 62 | - | €72,966 | +€72,966 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,858 | €4,075 | +€2,216 | +119% |
| Other operating charges | 640/8 | €890 | €773 | -€117 | -13.1% |
| Gross operating margin | 9900 | €138,351 | €25,078 | -€113,274 | -81.9% |
| Operating profit (loss) | 9901 | €135,603 | -€52,736 | -€188,339 | |
| Financial income | 75/76B | €150 | €890 | +€739 | +492% |
| Recurring financial income | 75 | €150 | €890 | +€739 | +492% |
| Financial charges | 65/66B | €446 | €2,844 | +€2,398 | +538% |
| Recurring financial charges | 65 | €446 | €2,844 | +€2,398 | +538% |
| Profit (loss) for the period before taxes | 9903 | €135,308 | -€54,690 | -€189,998 | |
| Income taxes | 67/77 | €29,733 | €0 | -€29,733 | -100% |
| Profit (loss) for the period | 9904 | €105,574 | -€54,690 | -€160,264 | |
| Profit (loss) for the period to be appropriated | 9905 | €105,574 | -€54,690 | -€160,264 |
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 26 October 2026 via checked.be.