All IncLoes: 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 IncLoes
Largest movements
- Tangible fixed assets -€5,220
down €5,220 (-52.1%), from €10,011 to €4,791
of which Leasing and similar rights: -€3,178
- Cash -€382
down €382 (-98.9%), from €386 to €4
mainly Net result for the year (-€5,278) and Debts after one year (-€2,296)
- Receivables within one year -€128
down €128 (-25.7%), from €498 to €370
of which Other amounts receivable: -€128
- Profit (loss) carried forward -€5,278
down €5,278 (-22.8%), from -€23,110 to -€28,388
- Other debts +€3,940
up €3,940 (+18.7%), from €21,118 to €25,058
- Debts after one year -€2,296
down €2,296 (-100%), from €2,296 to €0
- Current portion of long-term debt -€1,041
down €1,041 (-31.2%), from €3,337 to €2,296
- Trade debts -€914
down €914 (-100%), from €914 to €0
- Depreciation -€854
down €854 (-14.1%), from €6,073 to €5,220
- Financial charges -€657
down €657 (-61.5%), from €1,069 to €412
- Gross operating margin -€190
down €190 (-35.0%), from €544 to €354
- Other operating charges -€145
down €145 (-100%), from €145 to €0
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 | €10,895 | €5,166 | -€5,729 | -52.6% |
| Fixed assets | 21/28 | €10,011 | €4,791 | -€5,220 | -52.1% |
| Tangible fixed assets | 22/27 | €10,011 | €4,791 | -€5,220 | -52.1% |
| Land and buildings | 22 | €3,408 | €1,965 | -€1,443 | -42.3% |
| Plant, machinery and equipment | 23 | €497 | €0 | -€497 | -100% |
| Leasing and similar rights | 25 | €5,468 | €2,290 | -€3,178 | -58.1% |
| Other tangible fixed assets | 26 | €638 | €537 | -€102 | -15.9% |
| Current assets | 29/58 | €884 | €374 | -€510 | -57.7% |
| Amounts receivable within one year | 40/41 | €498 | €370 | -€128 | -25.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €498 | €370 | -€128 | -25.7% |
| Cash at bank and in hand | 54/58 | €386 | €4 | -€382 | -98.9% |
| Total equity and liabilities | 10/49 | €10,895 | €5,166 | -€5,729 | -52.6% |
| Equity | 10/15 | -€16,910 | -€22,188 | -€5,278 | -31.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,110 | -€28,388 | -€5,278 | -22.8% |
| Amounts payable | 17/49 | €27,805 | €27,354 | -€451 | -1.6% |
| Amounts payable after more than one year | 17 | €2,296 | €0 | -€2,296 | -100% |
| Financial debts | 170/4 | €2,296 | €0 | -€2,296 | -100% |
| Amounts payable within one year | 42/48 | €25,509 | €27,354 | +€1,845 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €3,337 | €2,296 | -€1,041 | -31.2% |
| Financial debts | 43 | €140 | €0 | -€140 | -100% |
| Credit institutions | 430/8 | €140 | €0 | -€140 | -100% |
| Trade debts | 44 | €914 | €0 | -€914 | -100% |
| Suppliers | 440/4 | €914 | €0 | -€914 | -100% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Other amounts payable | 47/48 | €21,118 | €25,058 | +€3,940 | +18.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,073 | €5,220 | -€854 | -14.1% |
| Other operating charges | 640/8 | €145 | €0 | -€145 | -100% |
| Gross operating margin | 9900 | €544 | €354 | -€190 | -35.0% |
| Operating profit (loss) | 9901 | -€5,675 | -€4,866 | +€809 | +14.3% |
| Financial charges | 65/66B | €1,069 | €412 | -€657 | -61.5% |
| Recurring financial charges | 65 | €1,069 | €412 | -€657 | -61.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,744 | -€5,278 | +€1,466 | +21.7% |
| Profit (loss) for the period | 9904 | -€6,744 | -€5,278 | +€1,466 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,744 | -€5,278 | +€1,466 | +21.7% |
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 26 October 2026 via checked.be.