ALL COVERING CONCEPTION: 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.
ALL COVERING CONCEPTION
Largest movements
- Cash -€29,928
down €29,928 (-90.1%), from €33,224 to €3,296
mainly Net result for the year (-€21,235) and Investment in fixed assets (net) (-€12,269)
- Tangible fixed assets -€8,332
down €8,332 (-17.8%), from €46,730 to €38,398
- Financial fixed assets +€3,825
up €3,825 (+1,700%), from €225 to €4,050
- Stocks and contracts -€2,228
down €2,228 (-54.7%), from €4,072 to €1,844
- Profit (loss) carried forward -€20,251
down €20,251 (-39.0%), from €51,924 to €31,673
- Debts after one year -€7,808
down €7,808 (-74.7%), from €10,452 to €2,644
- Trade debts -€4,938
down €4,938 (-28.3%), from €17,461 to €12,523
- Tax, wage and social debts -€3,361
down €3,361 (-50.1%), from €6,707 to €3,346
of which Taxes: -€3,361
- Gross operating margin -€56,911
down €56,911, from €52,537 to -€4,374
- Taxes -€9,231
down €9,231 (-96.8%), from €9,539 to €308
- Other operating charges -€868
down €868 (-69.0%), from €1,258 to €389
- Financial income +€550
up €550 (+73.6%), from €747 to €1,297
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 | €114,422 | €77,261 | -€37,161 | -32.5% |
| Fixed assets | 21/28 | €46,955 | €42,448 | -€4,507 | -9.6% |
| Tangible fixed assets | 22/27 | €46,730 | €38,398 | -€8,332 | -17.8% |
| Furniture and vehicles | 24 | €46,730 | €38,398 | -€8,332 | -17.8% |
| Financial fixed assets | 28 | €225 | €4,050 | +€3,825 | +1,700% |
| Current assets | 29/58 | €67,467 | €34,813 | -€32,654 | -48.4% |
| Stocks and contracts in progress | 3 | €4,072 | €1,844 | -€2,228 | -54.7% |
| Stocks | 30/36 | €4,072 | €1,844 | -€2,228 | -54.7% |
| Amounts receivable within one year | 40/41 | €30,171 | €29,673 | -€498 | -1.7% |
| Trade receivables | 40 | €5,649 | €1,878 | -€3,770 | -66.7% |
| Other amounts receivable | 41 | €24,522 | €27,794 | +€3,272 | +13.3% |
| Cash at bank and in hand | 54/58 | €33,224 | €3,296 | -€29,928 | -90.1% |
| Total equity and liabilities | 10/49 | €114,422 | €77,261 | -€37,161 | -32.5% |
| Equity | 10/15 | €72,174 | €50,939 | -€21,235 | -29.4% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €14,000 | €13,016 | -€984 | -7.0% |
| Distributable reserves | 133 | €14,000 | €13,016 | -€984 | -7.0% |
| Profit (loss) carried forward | 14 | €51,924 | €31,673 | -€20,251 | -39.0% |
| Amounts payable | 17/49 | €42,248 | €26,322 | -€15,926 | -37.7% |
| Amounts payable after more than one year | 17 | €10,452 | €2,644 | -€7,808 | -74.7% |
| Financial debts | 170/4 | €10,452 | €2,644 | -€7,808 | -74.7% |
| Amounts payable within one year | 42/48 | €31,796 | €23,678 | -€8,118 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €7,627 | €7,808 | +€181 | +2.4% |
| Trade debts | 44 | €17,461 | €12,523 | -€4,938 | -28.3% |
| Suppliers | 440/4 | €17,461 | €12,523 | -€4,938 | -28.3% |
| Taxes, remuneration and social security | 45 | €6,707 | €3,346 | -€3,361 | -50.1% |
| Taxes | 450/3 | €4,207 | €846 | -€3,361 | -79.9% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,448 | €16,776 | +€328 | +2.0% |
| Other operating charges | 640/8 | €1,258 | €389 | -€868 | -69.0% |
| Gross operating margin | 9900 | €52,537 | -€4,374 | -€56,911 | |
| Operating profit (loss) | 9901 | €34,832 | -€21,539 | -€56,371 | |
| Financial income | 75/76B | €747 | €1,297 | +€550 | +73.6% |
| Recurring financial income | 75 | €747 | €1,297 | +€550 | +73.6% |
| Financial charges | 65/66B | €580 | €685 | +€105 | +18.2% |
| Recurring financial charges | 65 | €580 | €685 | +€105 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €35,000 | -€20,927 | -€55,927 | |
| Income taxes | 67/77 | €9,539 | €308 | -€9,231 | -96.8% |
| Profit (loss) for the period | 9904 | €25,461 | -€21,235 | -€46,696 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,461 | -€21,235 | -€46,696 |
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 17 October 2026 via checked.be.