Aftermath: what changed
Two fiscal 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.
Aftermath
Largest movements
- Cash -€14,739
down €14,739 (-50.6%), from €29,134 to €14,395
mainly Contributions, distributions and other (-€36,733) and Tax, wage and social debts (-€4,748)
- Receivables within one year -€9,640
down €9,640 (-43.1%), from €22,385 to €12,745
of which Trade receivables: -€12,100
- Deferred charges and accrued income -€2,437
down €2,437 (-34.9%), from €6,980 to €4,543
- Profit (loss) carried forward -€32,348
down €32,348 (-88.1%), from €36,733 to €4,386
- Other debts +€10,367
up €10,367 (+4268.3%), from €243 to €10,610
- Tax, wage and social debts -€4,748
down €4,748 (-31.9%), from €14,883 to €10,135
of which Taxes: -€4,663
- Trade debts -€872
down €872 (-12.9%), from €6,741 to €5,868
- Gross operating margin -€16,398
down €16,398 (-61.3%), from €26,737 to €10,339
- Taxes -€2,967
down €2,967 (-53.9%), from €5,508 to €2,540
- Other operating charges -€860
down €860 (-49.3%), from €1,744 to €884
- Financial charges -€309
down €309 (-32.1%), from €964 to €655
- Depreciation +€284
up €284 (+17.9%), from €1,590 to €1,874
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 | €61,809 | €34,118 | -€27,691 | -44.8% |
| Formation expenses | 20 | €797 | €403 | -€394 | -49.4% |
| Fixed assets | 21/28 | €2,512 | €2,032 | -€480 | -19.1% |
| Tangible fixed assets | 22/27 | €2,512 | €2,032 | -€480 | -19.1% |
| Furniture and vehicles | 24 | €2,512 | €2,032 | -€480 | -19.1% |
| Current assets | 29/58 | €58,499 | €31,683 | -€26,817 | -45.8% |
| Amounts receivable within one year | 40/41 | €22,385 | €12,745 | -€9,640 | -43.1% |
| Trade receivables | 40 | €22,385 | €10,285 | -€12,100 | -54.1% |
| Other amounts receivable | 41 | - | €2,460 | +€2,460 | |
| Cash at bank and in hand | 54/58 | €29,134 | €14,395 | -€14,739 | -50.6% |
| Deferred charges and accrued income | 490/1 | €6,980 | €4,543 | -€2,437 | -34.9% |
| Total equity and liabilities | 10/49 | €61,809 | €34,118 | -€27,691 | -44.8% |
| Equity | 10/15 | €39,733 | €7,386 | -€32,348 | -81.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,733 | €4,386 | -€32,348 | -88.1% |
| Amounts payable | 17/49 | €22,076 | €26,733 | +€4,657 | +21.1% |
| Amounts payable within one year | 42/48 | €22,076 | €26,733 | +€4,657 | +21.1% |
| Financial debts | 43 | €209 | €120 | -€90 | -42.9% |
| Credit institutions | 430/8 | €209 | €120 | -€90 | -42.9% |
| Trade debts | 44 | €6,741 | €5,868 | -€872 | -12.9% |
| Suppliers | 440/4 | €6,741 | €5,868 | -€872 | -12.9% |
| Taxes, remuneration and social security | 45 | €14,883 | €10,135 | -€4,748 | -31.9% |
| Taxes | 450/3 | €11,839 | €7,176 | -€4,663 | -39.4% |
| Remuneration and social security | 454/9 | €3,044 | €2,958 | -€85 | -2.8% |
| Other amounts payable | 47/48 | €243 | €10,610 | +€10,367 | +4268.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,590 | €1,874 | +€284 | +17.9% |
| Other operating charges | 640/8 | €1,744 | €884 | -€860 | -49.3% |
| Gross operating margin | 9900 | €26,737 | €10,339 | -€16,398 | -61.3% |
| Operating profit (loss) | 9901 | €23,403 | €7,581 | -€15,822 | -67.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -90.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -90.0% |
| Financial charges | 65/66B | €964 | €655 | -€309 | -32.1% |
| Recurring financial charges | 65 | €964 | €655 | -€309 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €22,439 | €6,926 | -€15,513 | -69.1% |
| Income taxes | 67/77 | €5,508 | €2,540 | -€2,967 | -53.9% |
| Profit (loss) for the period | 9904 | €16,931 | €4,386 | -€12,546 | -74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,931 | €4,386 | -€12,546 | -74.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.