ALYSE: 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.
ALYSE
Largest movements
- Tangible fixed assets +€150,655
up €150,655 (+4,600%), from €3,275 to €153,930
of which Land and buildings: +€151,335
- Debts after one year +€142,513
new in 2025: €142,513
- Other debts +€64,993
up €64,993 (+443%), from €14,665 to €79,658
- Profit (loss) carried forward -€61,564
down €61,564, from €923 to -€60,641
- Current portion of long-term debt +€8,104
new in 2025: €8,104
- Gross operating margin -€42,565
down €42,565, from €11,696 to -€30,869
- Other operating charges +€24,095
up €24,095 (+4,073%), from €592 to €24,687
- Depreciation +€3,119
up €3,119 (+2,468%), from €126 to €3,245
- Taxes -€2,739
down €2,739 (-98.4%), from €2,785 to €46
- Financial charges +€1,521
up €1,521 (+127%), from €1,197 to €2,717
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 | €48,185 | €200,969 | +€152,784 | +317% |
| Fixed assets | 21/28 | €3,275 | €153,930 | +€150,655 | +4,600% |
| Tangible fixed assets | 22/27 | €3,275 | €153,930 | +€150,655 | +4,600% |
| Land and buildings | 22 | - | €151,335 | +€151,335 | |
| Furniture and vehicles | 24 | €3,275 | €2,595 | -€680 | -20.8% |
| Current assets | 29/58 | €44,910 | €47,039 | +€2,129 | +4.7% |
| Amounts receivable within one year | 40/41 | €43,405 | €44,033 | +€628 | +1.4% |
| Trade receivables | 40 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 41 | €13,405 | €14,033 | +€628 | +4.7% |
| Cash at bank and in hand | 54/58 | €1,129 | €2,614 | +€1,485 | +131% |
| Deferred charges and accrued income | 490/1 | €376 | €393 | +€17 | +4.5% |
| Total equity and liabilities | 10/49 | €48,185 | €200,969 | +€152,784 | +317% |
| Equity | 10/15 | €31,423 | -€30,141 | -€61,564 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,900 | €11,900 | = | 0.0% |
| Distributable reserves | 133 | €11,900 | €11,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €923 | -€60,641 | -€61,564 | |
| Amounts payable | 17/49 | €16,762 | €231,111 | +€214,348 | +1,279% |
| Amounts payable after more than one year | 17 | - | €142,513 | +€142,513 | |
| Financial debts | 170/4 | - | €142,513 | +€142,513 | |
| Amounts payable within one year | 42/48 | €16,762 | €88,597 | +€71,835 | +429% |
| Current portion of amounts payable after more than one year | 42 | - | €8,104 | +€8,104 | |
| Trade debts | 44 | €2,097 | €835 | -€1,262 | -60.2% |
| Suppliers | 440/4 | €2,097 | €835 | -€1,262 | -60.2% |
| Other amounts payable | 47/48 | €14,665 | €79,658 | +€64,993 | +443% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126 | €3,245 | +€3,119 | +2,468% |
| Other operating charges | 640/8 | €592 | €24,687 | +€24,095 | +4,073% |
| Gross operating margin | 9900 | €11,696 | -€30,869 | -€42,565 | |
| Operating profit (loss) | 9901 | €10,978 | -€58,801 | -€69,779 | |
| Financial charges | 65/66B | €1,197 | €2,717 | +€1,521 | +127% |
| Recurring financial charges | 65 | €1,197 | €2,717 | +€1,521 | +127% |
| Profit (loss) for the period before taxes | 9903 | €9,781 | -€61,518 | -€71,300 | |
| Income taxes | 67/77 | €2,785 | €46 | -€2,739 | -98.4% |
| Profit (loss) for the period | 9904 | €6,996 | -€61,564 | -€68,560 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,996 | -€61,564 | -€68,560 |
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.