AESTHETIC AND COMMERCE: 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.
AESTHETIC AND COMMERCE
Largest movements
- Cash -€50,583
down €50,583 (-69.7%), from €72,556 to €21,972
mainly Other debts (-€29,603) and Net result for the year (-€14,217)
- Tangible fixed assets +€3,536
up €3,536 (+1,185%), from €298 to €3,834
of which Furniture and vehicles: +€3,834
- Receivables within one year -€2,728
down €2,728 (-44.5%), from €6,133 to €3,406
of which Trade receivables: -€6,133
- Reserves -€33,715
down €33,715 (-94.8%), from €35,575 to €1,860
of which Distributable reserves: -€33,715
- Other debts -€29,603
down €29,603 (-51.8%), from €57,130 to €27,527
- Profit (loss) carried forward +€19,497
up €19,497 (+49.0%), from -€39,819 to -€20,321
- Trade debts -€7,470
down €7,470 (-100%), from €7,470 to €0
- Short-term financial debts +€1,533
new in 2025: €1,533
- Gross operating margin -€74,639
down €74,639, from €62,165 to -€12,474
- Depreciation -€1,612
down €1,612 (-59.1%), from €2,729 to €1,117
- Other operating charges -€920
down €920 (-69.7%), from €1,320 to €400
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 | €78,987 | €29,212 | -€49,775 | -63.0% |
| Fixed assets | 21/28 | €298 | €3,834 | +€3,536 | +1,185% |
| Tangible fixed assets | 22/27 | €298 | €3,834 | +€3,536 | +1,185% |
| Plant, machinery and equipment | 23 | €298 | €0 | -€298 | -100% |
| Furniture and vehicles | 24 | - | €3,834 | +€3,834 | |
| Current assets | 29/58 | €78,689 | €25,378 | -€53,311 | -67.7% |
| Amounts receivable within one year | 40/41 | €6,133 | €3,406 | -€2,728 | -44.5% |
| Trade receivables | 40 | €6,133 | €0 | -€6,133 | -100% |
| Other amounts receivable | 41 | - | €3,406 | +€3,406 | |
| Cash at bank and in hand | 54/58 | €72,556 | €21,972 | -€50,583 | -69.7% |
| Total equity and liabilities | 10/49 | €78,987 | €29,212 | -€49,775 | -63.0% |
| Equity | 10/15 | €14,356 | €139 | -€14,217 | -99.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,575 | €1,860 | -€33,715 | -94.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €33,715 | €0 | -€33,715 | -100% |
| Profit (loss) carried forward | 14 | -€39,819 | -€20,321 | +€19,497 | +49.0% |
| Amounts payable | 17/49 | €64,631 | €29,073 | -€35,558 | -55.0% |
| Amounts payable within one year | 42/48 | €64,631 | €29,073 | -€35,558 | -55.0% |
| Financial debts | 43 | - | €1,533 | +€1,533 | |
| Credit institutions | 430/8 | - | €1,533 | +€1,533 | |
| Trade debts | 44 | €7,470 | €0 | -€7,470 | -100% |
| Suppliers | 440/4 | €7,470 | €0 | -€7,470 | -100% |
| Taxes, remuneration and social security | 45 | €31 | €13 | -€18 | -59.6% |
| Taxes | 450/3 | €31 | €13 | -€18 | -59.6% |
| Other amounts payable | 47/48 | €57,130 | €27,527 | -€29,603 | -51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,729 | €1,117 | -€1,612 | -59.1% |
| Other operating charges | 640/8 | €1,320 | €400 | -€920 | -69.7% |
| Gross operating margin | 9900 | €62,165 | -€12,474 | -€74,639 | |
| Operating profit (loss) | 9901 | €58,116 | -€13,990 | -€72,106 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €135 | €228 | +€93 | +68.6% |
| Recurring financial charges | 65 | €135 | €228 | +€93 | +68.6% |
| Profit (loss) for the period before taxes | 9903 | €57,981 | -€14,217 | -€72,198 | |
| Profit (loss) for the period | 9904 | €57,981 | -€14,217 | -€72,198 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,981 | -€14,217 | -€72,198 |
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 30 October 2026 via checked.be.