ALL SALES: 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 SALES
Largest movements
- Cash -€31,141
down €31,141 (-91.8%), from €33,928 to €2,787
mainly Trade debts (-€42,680) and Tax, wage and social debts (-€25,174)
- Receivables within one year -€12,515
down €12,515 (-6.7%), from €185,507 to €172,992
of which Other amounts receivable: -€8,425
- Deferred charges and accrued income +€9,225
up €9,225 (+2,249%), from €410 to €9,635
- Tangible fixed assets -€6,256
down €6,256 (-22.1%), from €28,302 to €22,045
of which Furniture and vehicles: -€5,868
- Trade debts -€42,680
down €42,680 (-85.1%), from €50,137 to €7,457
- Tax, wage and social debts -€25,174
down €25,174 (-46.6%), from €54,046 to €28,871
of which Taxes: -€13,225
- Reserves +€13,887
up €13,887 (+11.3%), from €122,498 to €136,384
of which Distributable reserves: +€13,887
- Other debts +€8,675
up €8,675 (+3,228%), from €269 to €8,944
- Short-term financial debts +€8,270
new in 2025: €8,270
- Staff costs +€152,362
up €152,362 (+209%), from €72,829 to €225,191
- Gross operating margin +€107,507
up €107,507 (+67.2%), from €160,054 to €267,561
- Taxes -€17,076
down €17,076 (-65.6%), from €26,013 to €8,937
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 | €248,146 | €207,459 | -€40,687 | -16.4% |
| Fixed assets | 21/28 | €28,302 | €22,045 | -€6,256 | -22.1% |
| Tangible fixed assets | 22/27 | €28,302 | €22,045 | -€6,256 | -22.1% |
| Plant, machinery and equipment | 23 | €5,176 | €4,787 | -€388 | -7.5% |
| Furniture and vehicles | 24 | €23,126 | €17,258 | -€5,868 | -25.4% |
| Current assets | 29/58 | €219,845 | €185,414 | -€34,431 | -15.7% |
| Amounts receivable within one year | 40/41 | €185,507 | €172,992 | -€12,515 | -6.7% |
| Trade receivables | 40 | €82,598 | €78,509 | -€4,090 | -5.0% |
| Other amounts receivable | 41 | €102,908 | €94,483 | -€8,425 | -8.2% |
| Cash at bank and in hand | 54/58 | €33,928 | €2,787 | -€31,141 | -91.8% |
| Deferred charges and accrued income | 490/1 | €410 | €9,635 | +€9,225 | +2,249% |
| Total equity and liabilities | 10/49 | €248,146 | €207,459 | -€40,687 | -16.4% |
| Equity | 10/15 | €128,695 | €142,582 | +€13,887 | +10.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €122,498 | €136,384 | +€13,887 | +11.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €122,498 | €136,384 | +€13,887 | +11.3% |
| Amounts payable | 17/49 | €119,451 | €64,878 | -€54,574 | -45.7% |
| Amounts payable within one year | 42/48 | €119,451 | €64,878 | -€54,574 | -45.7% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €11,336 | -€3,664 | -24.4% |
| Financial debts | 43 | - | €8,270 | +€8,270 | |
| Credit institutions | 430/8 | - | €8,270 | +€8,270 | |
| Trade debts | 44 | €50,137 | €7,457 | -€42,680 | -85.1% |
| Suppliers | 440/4 | €50,137 | €7,457 | -€42,680 | -85.1% |
| Taxes, remuneration and social security | 45 | €54,046 | €28,871 | -€25,174 | -46.6% |
| Taxes | 450/3 | €33,455 | €20,230 | -€13,225 | -39.5% |
| Remuneration and social security | 454/9 | €20,591 | €8,641 | -€11,949 | -58.0% |
| Other amounts payable | 47/48 | €269 | €8,944 | +€8,675 | +3,228% |
| Remuneration, social security and pensions | 62 | €72,829 | €225,191 | +€152,362 | +209% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,670 | €9,889 | +€219 | +2.3% |
| Other operating charges | 640/8 | €1,461 | €3,372 | +€1,911 | +131% |
| Non-recurring operating charges | 66A | - | €4,190 | +€4,190 | |
| Gross operating margin | 9900 | €160,054 | €267,561 | +€107,507 | +67.2% |
| Operating profit (loss) | 9901 | €76,093 | €24,918 | -€51,175 | -67.3% |
| Financial charges | 65/66B | €1,374 | €2,095 | +€721 | +52.5% |
| Recurring financial charges | 65 | €1,374 | €2,095 | +€721 | +52.5% |
| Profit (loss) for the period before taxes | 9903 | €74,720 | €22,823 | -€51,897 | -69.5% |
| Income taxes | 67/77 | €26,013 | €8,937 | -€17,076 | -65.6% |
| Profit (loss) for the period | 9904 | €48,707 | €13,887 | -€34,821 | -71.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,707 | €13,887 | -€34,821 | -71.5% |
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 20 October 2026 via checked.be.