ALL: 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.
ALL
Largest movements
- Cash +€53,874
up €53,874 (+300.1%), from €17,949 to €71,823
mainly Net result for the year (+€52,931) and Receivables within one year (+€1,156)
- Receivables within one year -€1,156
no longer reported in 2025 (was €1,156)
- Profit (loss) carried forward +€52,931
up €52,931 (+45.9%), from -€115,196 to -€62,265
- Gross operating margin +€53,477
up €53,477 (+2072.1%), from €2,581 to €56,058
- Other operating charges +€2,931
up €2,931 (+2931.4%), from €100 to €3,031
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 | €19,105 | €71,823 | +€52,718 | +275.9% |
| Current assets | 29/58 | €19,105 | €71,823 | +€52,718 | +275.9% |
| Amounts receivable within one year | 40/41 | €1,156 | - | -€1,156 | |
| Other amounts receivable | 41 | €1,156 | - | -€1,156 | |
| Cash at bank and in hand | 54/58 | €17,949 | €71,823 | +€53,874 | +300.1% |
| Total equity and liabilities | 10/49 | €19,105 | €71,823 | +€52,718 | +275.9% |
| Equity | 10/15 | €18,347 | €71,278 | +€52,931 | +288.5% |
| Contributions | 10/11 | €133,543 | €133,543 | = | 0.0% |
| Outside capital | 11 | €133,543 | €133,543 | = | 0.0% |
| Other | 1109/19 | €133,543 | €133,543 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€115,196 | -€62,265 | +€52,931 | +45.9% |
| Amounts payable | 17/49 | €759 | €546 | -€213 | -28.1% |
| Amounts payable within one year | 42/48 | €759 | €546 | -€213 | -28.1% |
| Trade debts | 44 | €279 | €66 | -€213 | -76.4% |
| Suppliers | 440/4 | €279 | €66 | -€213 | -76.4% |
| Other amounts payable | 47/48 | €480 | €480 | = | 0.0% |
| Non-recurring operating income | 76A | €5,816 | - | -€5,816 | |
| Other operating charges | 640/8 | €100 | €3,031 | +€2,931 | +2931.4% |
| Gross operating margin | 9900 | €2,581 | €56,058 | +€53,477 | +2072.1% |
| Operating profit (loss) | 9901 | €2,481 | €53,026 | +€50,546 | +2037.5% |
| Financial charges | 65/66B | €90 | €96 | +€6 | +6.1% |
| Recurring financial charges | 65 | €90 | €96 | +€6 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €2,391 | €52,931 | +€50,540 | +2114.0% |
| Profit (loss) for the period | 9904 | €2,391 | €52,931 | +€50,540 | +2114.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,391 | €52,931 | +€50,540 | +2114.0% |
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 29 September 2026 via checked.be.