AR EXPERIENCE: 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.
AR EXPERIENCE
Largest movements
- Receivables within one year -€27,874
down €27,874 (-80.2%), from €34,765 to €6,891
of which Trade receivables: -€18,985
- Deferred charges and accrued income +€11,414
up €11,414 (+2803.3%), from €407 to €11,821
- Tangible fixed assets +€5,199
up €5,199 (+21.3%), from €24,462 to €29,661
of which Furniture and vehicles: +€7,633
- Intangible fixed assets -€3,333
down €3,333 (-33.9%), from €9,818 to €6,485
- Trade debts -€15,338
down €15,338 (-64.1%), from €23,942 to €8,603
- Tax, wage and social debts -€4,476
down €4,476 (-49.7%), from €9,009 to €4,534
of which Remuneration and social security: -€3,110
- Profit (loss) carried forward +€3,917
up €3,917 (+8.8%), from €44,702 to €48,619
- Other debts +€1,374
new in 2025: €1,374
- Gross operating margin -€6,157
down €6,157 (-34.0%), from €18,099 to €11,942
- Depreciation +€5,568
up €5,568 (+518.8%), from €1,073 to €6,641
- Taxes -€2,715
down €2,715 (-74.9%), from €3,625 to €909
- Financial income -€791
down €791 (-94.0%), from €841 to €50
- Financial charges -€498
down €498 (-79.9%), from €623 to €126
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
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 | €77,653 | €63,130 | -€14,523 | -18.7% |
| Fixed assets | 21/28 | €34,280 | €36,146 | +€1,866 | +5.4% |
| Intangible fixed assets | 21 | €9,818 | €6,485 | -€3,333 | -33.9% |
| Tangible fixed assets | 22/27 | €24,462 | €29,661 | +€5,199 | +21.3% |
| Furniture and vehicles | 24 | €600 | €8,233 | +€7,633 | +1272.2% |
| Other tangible fixed assets | 26 | €23,862 | €21,428 | -€2,434 | -10.2% |
| Current assets | 29/58 | €43,373 | €26,984 | -€16,389 | -37.8% |
| Amounts receivable within one year | 40/41 | €34,765 | €6,891 | -€27,874 | -80.2% |
| Trade receivables | 40 | €25,019 | €6,035 | -€18,985 | -75.9% |
| Other amounts receivable | 41 | €9,746 | €856 | -€8,890 | -91.2% |
| Cash at bank and in hand | 54/58 | €8,200 | €8,272 | +€72 | +0.9% |
| Deferred charges and accrued income | 490/1 | €407 | €11,821 | +€11,414 | +2803.3% |
| Total equity and liabilities | 10/49 | €77,653 | €63,130 | -€14,523 | -18.7% |
| Equity | 10/15 | €44,702 | €48,619 | +€3,917 | +8.8% |
| Profit (loss) carried forward | 14 | €44,702 | €48,619 | +€3,917 | +8.8% |
| Amounts payable | 17/49 | €32,951 | €14,511 | -€18,440 | -56.0% |
| Amounts payable within one year | 42/48 | €32,951 | €14,511 | -€18,440 | -56.0% |
| Trade debts | 44 | €23,942 | €8,603 | -€15,338 | -64.1% |
| Suppliers | 440/4 | €23,942 | €8,603 | -€15,338 | -64.1% |
| Taxes, remuneration and social security | 45 | €9,009 | €4,534 | -€4,476 | -49.7% |
| Taxes | 450/3 | €5,899 | €4,534 | -€1,366 | -23.1% |
| Remuneration and social security | 454/9 | €3,110 | - | -€3,110 | |
| Other amounts payable | 47/48 | - | €1,374 | +€1,374 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,073 | €6,641 | +€5,568 | +518.8% |
| Other operating charges | 640/8 | €64 | €400 | +€336 | +526.5% |
| Gross operating margin | 9900 | €18,099 | €11,942 | -€6,157 | -34.0% |
| Operating profit (loss) | 9901 | €16,962 | €4,902 | -€12,060 | -71.1% |
| Financial income | 75/76B | €841 | €50 | -€791 | -94.0% |
| Recurring financial income | 75 | €841 | €50 | -€791 | -94.0% |
| Financial charges | 65/66B | €623 | €126 | -€498 | -79.9% |
| Recurring financial charges | 65 | €623 | €126 | -€498 | -79.9% |
| Profit (loss) for the period before taxes | 9903 | €17,180 | €4,827 | -€12,354 | -71.9% |
| Income taxes | 67/77 | €3,625 | €909 | -€2,715 | -74.9% |
| Profit (loss) for the period | 9904 | €13,556 | €3,917 | -€9,639 | -71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,556 | €3,917 | -€9,639 | -71.1% |
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 10 October 2026 via checked.be.