AL ACCOUNT: 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 ACCOUNT
Largest movements
- Current investments -€60,000
no longer reported in 2025 (was €60,000)
- Cash +€59,488
up €59,488 (+70.5%), from €84,343 to €143,832
mainly Current investments (+€60,000) and Net result for the year (+€6,252)
- Tangible fixed assets -€2,282
down €2,282 (-69.1%), from €3,304 to €1,022
of which Plant, machinery and equipment: -€1,825
- Reserves +€6,252
up €6,252 (+5.1%), from €121,576 to €127,828
- Trade debts -€4,334
down €4,334 (-91.5%), from €4,734 to €400
- Other debts -€2,774
down €2,774 (-31.6%), from €8,768 to €5,994
- Tax, wage and social debts -€2,059
down €2,059 (-28.6%), from €7,187 to €5,128
- Gross operating margin -€19,235
down €19,235 (-66.7%), from €28,850 to €9,615
- Taxes -€4,795
down €4,795 (-62.6%), from €7,662 to €2,867
- Financial income +€1,737
up €1,737 (+304%), from €571 to €2,308
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 | €160,856 | €157,942 | -€2,914 | -1.8% |
| Fixed assets | 21/28 | €4,624 | €2,342 | -€2,282 | -49.4% |
| Tangible fixed assets | 22/27 | €3,304 | €1,022 | -€2,282 | -69.1% |
| Plant, machinery and equipment | 23 | €2,847 | €1,022 | -€1,825 | -64.1% |
| Furniture and vehicles | 24 | €457 | - | -€457 | |
| Financial fixed assets | 28 | €1,320 | €1,320 | = | 0.0% |
| Current assets | 29/58 | €156,233 | €155,600 | -€632 | -0.4% |
| Amounts receivable within one year | 40/41 | €11,277 | €10,823 | -€454 | -4.0% |
| Trade receivables | 40 | €7,813 | €1,489 | -€6,325 | -80.9% |
| Other amounts receivable | 41 | €3,464 | €9,334 | +€5,871 | +169% |
| Current investments | 50/53 | €60,000 | - | -€60,000 | |
| Cash at bank and in hand | 54/58 | €84,343 | €143,832 | +€59,488 | +70.5% |
| Deferred charges and accrued income | 490/1 | €613 | €946 | +€333 | +54.4% |
| Total equity and liabilities | 10/49 | €160,856 | €157,942 | -€2,914 | -1.8% |
| Equity | 10/15 | €140,168 | €146,420 | +€6,252 | +4.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €121,576 | €127,828 | +€6,252 | +5.1% |
| Distributable reserves | 133 | €121,576 | €127,828 | +€6,252 | +5.1% |
| Amounts payable | 17/49 | €20,688 | €11,522 | -€9,166 | -44.3% |
| Amounts payable within one year | 42/48 | €20,688 | €11,522 | -€9,166 | -44.3% |
| Trade debts | 44 | €4,734 | €400 | -€4,334 | -91.5% |
| Suppliers | 440/4 | €4,734 | €400 | -€4,334 | -91.5% |
| Taxes, remuneration and social security | 45 | €7,187 | €5,128 | -€2,059 | -28.6% |
| Taxes | 450/3 | €7,187 | €5,128 | -€2,059 | -28.6% |
| Other amounts payable | 47/48 | €8,768 | €5,994 | -€2,774 | -31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,387 | €2,282 | -€105 | -4.4% |
| Other operating charges | 640/8 | €169 | €172 | +€4 | +2.1% |
| Gross operating margin | 9900 | €28,850 | €9,615 | -€19,235 | -66.7% |
| Operating profit (loss) | 9901 | €26,295 | €7,161 | -€19,133 | -72.8% |
| Financial income | 75/76B | €571 | €2,308 | +€1,737 | +304% |
| Recurring financial income | 75 | €571 | €2,308 | +€1,737 | +304% |
| Financial charges | 65/66B | €402 | €350 | -€52 | -12.8% |
| Recurring financial charges | 65 | €402 | €350 | -€52 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €26,464 | €9,119 | -€17,345 | -65.5% |
| Income taxes | 67/77 | €7,662 | €2,867 | -€4,795 | -62.6% |
| Profit (loss) for the period | 9904 | €18,802 | €6,252 | -€12,550 | -66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,802 | €6,252 | -€12,550 | -66.7% |
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 24 October 2026 via checked.be.