AND BEYOND: 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.
AND BEYOND
Largest movements
- Receivables within one year -€5,311
down €5,311 (-59.8%), from €8,885 to €3,574
of which Trade receivables: -€7,525
- Tangible fixed assets +€882
up €882 (+33.5%), from €2,634 to €3,516
of which Furniture and vehicles: +€2,376
- Deferred charges and accrued income +€385
new in 2025: €385
- Tax, wage and social debts -€8,777
no longer reported in 2025 (was €8,777)
- Trade debts +€1,962
up €1,962 (+212.8%), from €922 to €2,884
- Short-term financial debts +€1,429
up €1,429 (+46.0%), from €3,108 to €4,538
- Other debts +€792
up €792 (+1.8%), from €43,288 to €44,081
- Profit (loss) carried forward +€550
up €550 (+0.9%), from -€62,767 to -€62,217
- Gross operating margin +€12,090
up €12,090, from -€7,080 to €5,010
- Depreciation -€3,384
down €3,384 (-65.5%), from €5,167 to €1,783
- Financial charges +€560
up €560 (+58.3%), from €960 to €1,520
- Other operating charges +€488
up €488 (+73.0%), from €669 to €1,156
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,518 | €7,475 | -€4,043 | -35.1% |
| Fixed assets | 21/28 | €2,634 | €3,516 | +€882 | +33.5% |
| Tangible fixed assets | 22/27 | €2,634 | €3,516 | +€882 | +33.5% |
| Plant, machinery and equipment | 23 | €2,140 | €1,140 | -€1,000 | -46.7% |
| Furniture and vehicles | 24 | - | €2,376 | +€2,376 | |
| Other tangible fixed assets | 26 | €494 | - | -€494 | |
| Current assets | 29/58 | €8,885 | €3,959 | -€4,926 | -55.4% |
| Amounts receivable within one year | 40/41 | €8,885 | €3,574 | -€5,311 | -59.8% |
| Trade receivables | 40 | €8,885 | €1,360 | -€7,525 | -84.7% |
| Other amounts receivable | 41 | - | €2,214 | +€2,214 | |
| Deferred charges and accrued income | 490/1 | - | €385 | +€385 | |
| Total equity and liabilities | 10/49 | €11,518 | €7,475 | -€4,043 | -35.1% |
| Equity | 10/15 | -€44,577 | -€44,027 | +€550 | +1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,990 | €11,990 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,130 | €10,130 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,767 | -€62,217 | +€550 | +0.9% |
| Amounts payable | 17/49 | €56,096 | €51,502 | -€4,594 | -8.2% |
| Amounts payable within one year | 42/48 | €56,096 | €51,502 | -€4,594 | -8.2% |
| Financial debts | 43 | €3,108 | €4,538 | +€1,429 | +46.0% |
| Credit institutions | 430/8 | €3,108 | €4,538 | +€1,429 | +46.0% |
| Trade debts | 44 | €922 | €2,884 | +€1,962 | +212.8% |
| Suppliers | 440/4 | €922 | €2,884 | +€1,962 | +212.8% |
| Taxes, remuneration and social security | 45 | €8,777 | - | -€8,777 | |
| Taxes | 450/3 | €8,777 | - | -€8,777 | |
| Other amounts payable | 47/48 | €43,288 | €44,081 | +€792 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,167 | €1,783 | -€3,384 | -65.5% |
| Other operating charges | 640/8 | €669 | €1,156 | +€488 | +73.0% |
| Gross operating margin | 9900 | -€7,080 | €5,010 | +€12,090 | |
| Operating profit (loss) | 9901 | -€12,916 | €2,070 | +€14,986 | |
| Financial charges | 65/66B | €960 | €1,520 | +€560 | +58.3% |
| Recurring financial charges | 65 | €960 | €1,520 | +€560 | +58.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,876 | €550 | +€14,426 | |
| Profit (loss) for the period | 9904 | -€13,876 | €550 | +€14,426 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,876 | €550 | +€14,426 |
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 5 October 2026 via checked.be.