AL 1: 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.
AL 1
Largest movements
- Cash +€19,358
up €19,358 (+122.9%), from €15,745 to €35,103
mainly Deferred charges and accrued income (+€6,710) and Other debts (+€5,837)
- Deferred charges and accrued income -€6,710
down €6,710 (-46.9%), from €14,310 to €7,600
- Tangible fixed assets -€3,987
down €3,987 (-30.4%), from €13,096 to €9,109
of which Furniture and vehicles: -€2,374
- Receivables within one year -€2,672
down €2,672 (-14.6%), from €18,280 to €15,607
of which Other amounts receivable: -€2,237
- Receivables after one year -€2,607
down €2,607 (-5.3%), from €48,891 to €46,284
- Other debts +€5,837
up €5,837 (+16.9%), from €34,527 to €40,364
- Tax, wage and social debts -€4,605
down €4,605 (-51.1%), from €9,020 to €4,415
- Reserves +€2,200
up €2,200 (+4.7%), from €47,285 to €49,485
- Gross operating margin -€1,114
down €1,114 (-12.0%), from €9,314 to €8,200
- Depreciation -€902
down €902 (-18.5%), from €4,889 to €3,987
- Other operating charges +€297
up €297 (+21.0%), from €1,413 to €1,710
- Taxes -€245
down €245 (-15.1%), from €1,625 to €1,380
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 | €110,321 | €113,704 | +€3,382 | +3.1% |
| Fixed assets | 21/28 | €13,096 | €9,109 | -€3,987 | -30.4% |
| Tangible fixed assets | 22/27 | €13,096 | €9,109 | -€3,987 | -30.4% |
| Plant, machinery and equipment | 23 | €1,959 | €1,061 | -€898 | -45.9% |
| Furniture and vehicles | 24 | €4,639 | €2,265 | -€2,374 | -51.2% |
| Other tangible fixed assets | 26 | €6,498 | €5,783 | -€714 | -11.0% |
| Current assets | 29/58 | €97,226 | €104,595 | +€7,369 | +7.6% |
| Amounts receivable after more than one year | 29 | €48,891 | €46,284 | -€2,607 | -5.3% |
| Other amounts receivable | 291 | €48,891 | €46,284 | -€2,607 | -5.3% |
| Amounts receivable within one year | 40/41 | €18,280 | €15,607 | -€2,672 | -14.6% |
| Trade receivables | 40 | €12,085 | €11,651 | -€435 | -3.6% |
| Other amounts receivable | 41 | €6,194 | €3,957 | -€2,237 | -36.1% |
| Cash at bank and in hand | 54/58 | €15,745 | €35,103 | +€19,358 | +122.9% |
| Deferred charges and accrued income | 490/1 | €14,310 | €7,600 | -€6,710 | -46.9% |
| Total equity and liabilities | 10/49 | €110,321 | €113,704 | +€3,382 | +3.1% |
| Equity | 10/15 | €65,930 | €68,133 | +€2,204 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,285 | €49,485 | +€2,200 | +4.7% |
| Distributable reserves | 133 | €47,285 | €49,485 | +€2,200 | +4.7% |
| Profit (loss) carried forward | 14 | €45 | €48 | +€4 | +8.9% |
| Amounts payable | 17/49 | €44,392 | €45,570 | +€1,178 | +2.7% |
| Amounts payable within one year | 42/48 | €44,392 | €45,570 | +€1,178 | +2.7% |
| Trade debts | 44 | €845 | €791 | -€53 | -6.3% |
| Suppliers | 440/4 | €845 | €791 | -€53 | -6.3% |
| Taxes, remuneration and social security | 45 | €9,020 | €4,415 | -€4,605 | -51.1% |
| Taxes | 450/3 | €9,020 | €4,415 | -€4,605 | -51.1% |
| Other amounts payable | 47/48 | €34,527 | €40,364 | +€5,837 | +16.9% |
| Non-recurring operating income | 76A | €215 | - | -€215 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,889 | €3,987 | -€902 | -18.5% |
| Other operating charges | 640/8 | €1,413 | €1,710 | +€297 | +21.0% |
| Gross operating margin | 9900 | €9,314 | €8,200 | -€1,114 | -12.0% |
| Operating profit (loss) | 9901 | €3,012 | €2,504 | -€508 | -16.9% |
| Financial income | 75/76B | €1,407 | €1,322 | -€86 | -6.1% |
| Recurring financial income | 75 | €1,407 | €1,322 | -€86 | -6.1% |
| Financial charges | 65/66B | €291 | €242 | -€49 | -16.9% |
| Recurring financial charges | 65 | €291 | €242 | -€49 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €4,129 | €3,584 | -€545 | -13.2% |
| Income taxes | 67/77 | €1,625 | €1,380 | -€245 | -15.1% |
| Profit (loss) for the period | 9904 | €2,504 | €2,204 | -€300 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,504 | €2,204 | -€300 | -12.0% |
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.