ALL-ENTRY: 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-ENTRY
Largest movements
- Receivables within one year -€7,999
down €7,999 (-79.8%), from €10,018 to €2,020
of which Trade receivables: -€6,352
- Tangible fixed assets -€1,782
down €1,782 (-12.3%), from €14,526 to €12,744
of which Land and buildings: -€1,493
- Cash -€1,102
down €1,102 (-28.8%), from €3,822 to €2,720
mainly Advances received (-€7,730) and Net result for the year (-€6,996)
- Advances received -€7,730
no longer reported in 2025 (was €7,730)
- Other debts +€7,290
up €7,290 (+365.9%), from €1,992 to €9,282
- Profit (loss) carried forward -€6,996
down €6,996 (-116.3%), from -€6,017 to -€13,013
- Tax, wage and social debts -€2,033
down €2,033 (-72.5%), from €2,804 to €771
- Trade debts -€1,243
down €1,243 (-59.9%), from €2,076 to €833
- Gross operating margin +€3,895
up €3,895 (+63.0%), from -€6,188 to -€2,292
- Financial charges +€639
up €639 (+36.2%), from €1,765 to €2,404
- Staff costs -€545
no longer reported in 2025 (was €545)
- Other operating charges +€204
up €204 (+64.4%), from €316 to €520
- Depreciation -€142
down €142 (-7.4%), from €1,924 to €1,782
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 | €29,246 | €18,534 | -€10,713 | -36.6% |
| Fixed assets | 21/28 | €14,526 | €12,744 | -€1,782 | -12.3% |
| Tangible fixed assets | 22/27 | €14,526 | €12,744 | -€1,782 | -12.3% |
| Land and buildings | 22 | €11,877 | €10,384 | -€1,493 | -12.6% |
| Plant, machinery and equipment | 23 | €2,649 | €2,360 | -€289 | -10.9% |
| Current assets | 29/58 | €14,721 | €5,790 | -€8,931 | -60.7% |
| Amounts receivable within one year | 40/41 | €10,018 | €2,020 | -€7,999 | -79.8% |
| Trade receivables | 40 | €7,865 | €1,514 | -€6,352 | -80.8% |
| Other amounts receivable | 41 | €2,153 | €506 | -€1,647 | -76.5% |
| Cash at bank and in hand | 54/58 | €3,822 | €2,720 | -€1,102 | -28.8% |
| Deferred charges and accrued income | 490/1 | €880 | €1,050 | +€170 | +19.3% |
| Total equity and liabilities | 10/49 | €29,246 | €18,534 | -€10,713 | -36.6% |
| Equity | 10/15 | €14,644 | €7,648 | -€6,996 | -47.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €18,661 | €18,661 | = | 0.0% |
| Distributable reserves | 133 | €18,661 | €18,661 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,017 | -€13,013 | -€6,996 | -116.3% |
| Amounts payable | 17/49 | €14,603 | €10,886 | -€3,717 | -25.5% |
| Amounts payable within one year | 42/48 | €14,603 | €10,886 | -€3,717 | -25.5% |
| Trade debts | 44 | €2,076 | €833 | -€1,243 | -59.9% |
| Suppliers | 440/4 | €2,076 | €833 | -€1,243 | -59.9% |
| Advances received on contracts in progress | 46 | €7,730 | - | -€7,730 | |
| Taxes, remuneration and social security | 45 | €2,804 | €771 | -€2,033 | -72.5% |
| Taxes | 450/3 | €2,804 | €771 | -€2,033 | -72.5% |
| Other amounts payable | 47/48 | €1,992 | €9,282 | +€7,290 | +365.9% |
| Remuneration, social security and pensions | 62 | €545 | - | -€545 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,924 | €1,782 | -€142 | -7.4% |
| Other operating charges | 640/8 | €316 | €520 | +€204 | +64.4% |
| Gross operating margin | 9900 | -€6,188 | -€2,292 | +€3,895 | +63.0% |
| Operating profit (loss) | 9901 | -€8,973 | -€4,594 | +€4,378 | +48.8% |
| Financial income | 75/76B | €0 | €2 | +€2 | +10200.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +10200.0% |
| Financial charges | 65/66B | €1,765 | €2,404 | +€639 | +36.2% |
| Recurring financial charges | 65 | €1,765 | €2,404 | +€639 | +36.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,738 | -€6,996 | +€3,742 | +34.8% |
| Income taxes | 67/77 | €28 | - | -€28 | |
| Profit (loss) for the period | 9904 | -€10,766 | -€6,996 | +€3,770 | +35.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,766 | -€6,996 | +€3,770 | +35.0% |
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 8 October 2026 via checked.be.