AND ONE MANAGEMENT: 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.
AND ONE MANAGEMENT
Largest movements
- Receivables within one year -€42,867
down €42,867 (-19.4%), from €221,127 to €178,260
- Cash -€25,028
down €25,028 (-48.9%), from €51,222 to €26,194
mainly Contributions, distributions and other (-€220,000) and Tax, wage and social debts (-€42,310)
- Current investments -€16,000
down €16,000 (-46.2%), from €34,650 to €18,650
- Deferred charges and accrued income -€5,782
down €5,782 (-23.9%), from €24,240 to €18,458
- Profit (loss) carried forward -€78,286
down €78,286 (-33.4%), from €234,608 to €156,322
- Tax, wage and social debts -€42,310
down €42,310 (-59.3%), from €71,324 to €29,014
- Other debts +€29,805
up €29,805 (+14.1%), from €212,001 to €241,806
No income-statement line moved by more than 1% of the activity.
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 | €526,394 | €435,037 | -€91,357 | -17.4% |
| Fixed assets | 21/28 | €195,155 | €193,476 | -€1,679 | -0.9% |
| Tangible fixed assets | 22/27 | €195,155 | €193,476 | -€1,679 | -0.9% |
| Plant, machinery and equipment | 23 | €14,688 | €13,056 | -€1,633 | -11.1% |
| Furniture and vehicles | 24 | €180,467 | €180,420 | -€47 | 0.0% |
| Current assets | 29/58 | €331,239 | €241,562 | -€89,677 | -27.1% |
| Amounts receivable within one year | 40/41 | €221,127 | €178,260 | -€42,867 | -19.4% |
| Trade receivables | 40 | €221,127 | €178,260 | -€42,867 | -19.4% |
| Current investments | 50/53 | €34,650 | €18,650 | -€16,000 | -46.2% |
| Cash at bank and in hand | 54/58 | €51,222 | €26,194 | -€25,028 | -48.9% |
| Deferred charges and accrued income | 490/1 | €24,240 | €18,458 | -€5,782 | -23.9% |
| Total equity and liabilities | 10/49 | €526,394 | €435,037 | -€91,357 | -17.4% |
| Equity | 10/15 | €239,608 | €161,322 | -€78,286 | -32.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €234,608 | €156,322 | -€78,286 | -33.4% |
| Amounts payable | 17/49 | €286,785 | €273,715 | -€13,071 | -4.6% |
| Amounts payable within one year | 42/48 | €286,785 | €273,184 | -€13,602 | -4.7% |
| Trade debts | 44 | €3,461 | €2,363 | -€1,098 | -31.7% |
| Suppliers | 440/4 | €3,461 | €2,363 | -€1,098 | -31.7% |
| Taxes, remuneration and social security | 45 | €71,324 | €29,014 | -€42,310 | -59.3% |
| Taxes | 450/3 | €71,324 | €29,014 | -€42,310 | -59.3% |
| Other amounts payable | 47/48 | €212,001 | €241,806 | +€29,805 | +14.1% |
| Accrued charges and deferred income | 492/3 | - | €531 | +€531 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,062 | €4,104 | +€42 | +1.0% |
| Other operating charges | 640/8 | €1,182 | €1,120 | -€62 | -5.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €196,049 | €197,639 | +€1,590 | +0.8% |
| Operating profit (loss) | 9901 | €190,805 | €192,415 | +€1,610 | +0.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €6,820 | €5,573 | -€1,247 | -18.3% |
| Recurring financial charges | 65 | €6,820 | €5,573 | -€1,247 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €183,985 | €186,842 | +€2,857 | +1.6% |
| Income taxes | 67/77 | €45,078 | €45,128 | +€50 | +0.1% |
| Profit (loss) for the period | 9904 | €138,907 | €141,714 | +€2,807 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €138,907 | €141,714 | +€2,807 | +2.0% |
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 15 October 2026 via checked.be.