ANDERS BOUWEN: 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.
ANDERS BOUWEN
Largest movements
- Cash -€1,749
down €1,749 (-2.1%), from €82,593 to €80,844
mainly Net result for the year (-€1,749)
- Profit (loss) carried forward -€1,749
down €1,749 (-2.3%), from -€77,417 to -€79,167
- Gross operating margin -€1,315
down €1,315 (-2,062%), from -€64 to -€1,379
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 | €86,192 | €84,443 | -€1,749 | -2.0% |
| Fixed assets | 21/28 | €3,271 | €3,271 | = | 0.0% |
| Financial fixed assets | 28 | €3,271 | €3,271 | = | 0.0% |
| Current assets | 29/58 | €82,921 | €81,172 | -€1,749 | -2.1% |
| Amounts receivable within one year | 40/41 | €328 | €328 | = | 0.0% |
| Other amounts receivable | 41 | €328 | €328 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €82,593 | €80,844 | -€1,749 | -2.1% |
| Total equity and liabilities | 10/49 | €86,192 | €84,443 | -€1,749 | -2.0% |
| Equity | 10/15 | €86,192 | €84,443 | -€1,749 | -2.0% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €14,874 | €14,874 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,417 | -€79,167 | -€1,749 | -2.3% |
| Gross operating margin | 9900 | -€64 | -€1,379 | -€1,315 | -2,062% |
| Operating profit (loss) | 9901 | -€64 | -€1,379 | -€1,315 | -2,062% |
| Financial charges | 65/66B | €364 | €370 | +€7 | +1.8% |
| Recurring financial charges | 65 | €364 | €370 | +€7 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | -€427 | -€1,749 | -€1,322 | -309% |
| Profit (loss) for the period | 9904 | -€427 | -€1,749 | -€1,322 | -309% |
| Profit (loss) for the period to be appropriated | 9905 | -€427 | -€1,749 | -€1,322 | -309% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.