About People: 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.
About People
Largest movements
- Cash -€33,984
down €33,984 (-82.0%), from €41,436 to €7,452
mainly Receivables within one year (-€15,600) and Investment in fixed assets (net) (-€12,250)
- Receivables within one year +€15,600
up €15,600 (+19.0%), from €82,252 to €97,852
of which Other amounts receivable: +€60,140
- Tangible fixed assets -€2,275
down €2,275 (-9.0%), from €25,249 to €22,975
of which Furniture and vehicles: -€5,862
- Trade debts -€9,692
down €9,692 (-66.6%), from €14,562 to €4,871
- Tax, wage and social debts -€8,877
down €8,877 (-38.3%), from €23,192 to €14,315
of which Taxes: -€5,277
- Reserves +€5,805
up €5,805 (+7.6%), from €76,488 to €82,292
- Debts after one year -€5,444
down €5,444 (-66.4%), from €8,202 to €2,758
- Short-term financial debts -€3,333
down €3,333 (-100%), from €3,333 to €0
- Gross operating margin -€79,947
down €79,947 (-78.6%), from €101,650 to €21,702
- Taxes -€18,389
down €18,389 (-89.9%), from €20,452 to €2,063
- Depreciation +€7,641
up €7,641 (+111%), from €6,884 to €14,525
- Financial income +€2,377
up €2,377 (+297%), from €799 to €3,176
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 | €149,699 | €128,279 | -€21,420 | -14.3% |
| Fixed assets | 21/28 | €25,249 | €22,975 | -€2,275 | -9.0% |
| Tangible fixed assets | 22/27 | €25,249 | €22,975 | -€2,275 | -9.0% |
| Plant, machinery and equipment | 23 | €786 | €10,061 | +€9,275 | +1,181% |
| Furniture and vehicles | 24 | €10,937 | €5,075 | -€5,862 | -53.6% |
| Leasing and similar rights | 25 | €13,075 | €7,839 | -€5,236 | -40.0% |
| Other tangible fixed assets | 26 | €452 | €0 | -€452 | -100% |
| Current assets | 29/58 | €124,450 | €105,304 | -€19,145 | -15.4% |
| Amounts receivable within one year | 40/41 | €82,252 | €97,852 | +€15,600 | +19.0% |
| Trade receivables | 40 | €53,959 | €9,418 | -€44,540 | -82.5% |
| Other amounts receivable | 41 | €28,293 | €88,434 | +€60,140 | +213% |
| Cash at bank and in hand | 54/58 | €41,436 | €7,452 | -€33,984 | -82.0% |
| Deferred charges and accrued income | 490/1 | €762 | €0 | -€762 | -100% |
| Total equity and liabilities | 10/49 | €149,699 | €128,279 | -€21,420 | -14.3% |
| Equity | 10/15 | €95,088 | €100,892 | +€5,805 | +6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,488 | €82,292 | +€5,805 | +7.6% |
| Distributable reserves | 133 | €76,488 | €82,292 | +€5,805 | +7.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €54,611 | €27,387 | -€27,225 | -49.9% |
| Amounts payable after more than one year | 17 | €8,202 | €2,758 | -€5,444 | -66.4% |
| Financial debts | 170/4 | €8,202 | €2,758 | -€5,444 | -66.4% |
| Amounts payable within one year | 42/48 | €46,410 | €24,629 | -€21,781 | -46.9% |
| Current portion of amounts payable after more than one year | 42 | €5,322 | €5,444 | +€121 | +2.3% |
| Financial debts | 43 | €3,333 | €0 | -€3,333 | -100% |
| Credit institutions | 430/8 | €3,333 | €0 | -€3,333 | -100% |
| Trade debts | 44 | €14,562 | €4,871 | -€9,692 | -66.6% |
| Suppliers | 440/4 | €14,562 | €4,871 | -€9,692 | -66.6% |
| Taxes, remuneration and social security | 45 | €23,192 | €14,315 | -€8,877 | -38.3% |
| Taxes | 450/3 | €19,592 | €14,315 | -€5,277 | -26.9% |
| Remuneration and social security | 454/9 | €3,600 | €0 | -€3,600 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,884 | €14,525 | +€7,641 | +111% |
| Other operating charges | 640/8 | €1,139 | €1,363 | +€224 | +19.6% |
| Gross operating margin | 9900 | €101,650 | €21,702 | -€79,947 | -78.6% |
| Operating profit (loss) | 9901 | €93,626 | €5,815 | -€87,812 | -93.8% |
| Financial income | 75/76B | €799 | €3,176 | +€2,377 | +297% |
| Recurring financial income | 75 | €799 | €3,176 | +€2,377 | +297% |
| Financial charges | 65/66B | €836 | €1,124 | +€288 | +34.4% |
| Recurring financial charges | 65 | €836 | €1,124 | +€288 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | €93,590 | €7,867 | -€85,722 | -91.6% |
| Income taxes | 67/77 | €20,452 | €2,063 | -€18,389 | -89.9% |
| Profit (loss) for the period | 9904 | €73,138 | €5,805 | -€67,333 | -92.1% |
| Profit (loss) for the period to be appropriated | 9905 | €73,138 | €5,805 | -€67,333 | -92.1% |
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 31 October 2026 via checked.be.