AREA 5punt1: 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.
AREA 5punt1
Largest movements
- Stocks and contracts -€4,609
down €4,609 (-37.0%), from €12,469 to €7,860
- Tangible fixed assets -€1,958
down €1,958 (-38.1%), from €5,139 to €3,181
- Deferred charges and accrued income +€1,065
up €1,065 (+8.2%), from €13,029 to €14,094
- Contributions -€20,000
down €20,000 (-50.0%), from €40,000 to €20,000
- Profit (loss) carried forward +€13,568
up €13,568 (+67.1%), from -€20,230 to -€6,662
- Trade debts +€1,320
up €1,320 (+5.4%), from €24,524 to €25,843
- Tax, wage and social debts -€768
down €768 (-21.0%), from €3,664 to €2,896
- Gross operating margin +€14,577
up €14,577 (+143%), from €10,163 to €24,740
- Write-downs +€3,369
new in 2025: €3,369
- Financial charges -€1,844
down €1,844 (-32.3%), from €5,706 to €3,862
- Taxes +€531
up €531 (+221%), from €241 to €772
- Other operating charges -€282
down €282 (-18.7%), from €1,508 to €1,226
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 | €73,014 | €67,504 | -€5,510 | -7.5% |
| Fixed assets | 21/28 | €5,139 | €3,181 | -€1,958 | -38.1% |
| Tangible fixed assets | 22/27 | €5,139 | €3,181 | -€1,958 | -38.1% |
| Furniture and vehicles | 24 | €5,139 | €3,181 | -€1,958 | -38.1% |
| Current assets | 29/58 | €67,875 | €64,323 | -€3,552 | -5.2% |
| Stocks and contracts in progress | 3 | €12,469 | €7,860 | -€4,609 | -37.0% |
| Stocks | 30/36 | €12,469 | €7,860 | -€4,609 | -37.0% |
| Amounts receivable within one year | 40/41 | €42,335 | €42,199 | -€136 | -0.3% |
| Trade receivables | 40 | €16,033 | €4,253 | -€11,779 | -73.5% |
| Other amounts receivable | 41 | €26,302 | €37,946 | +€11,643 | +44.3% |
| Cash at bank and in hand | 54/58 | €41 | €170 | +€129 | +313% |
| Deferred charges and accrued income | 490/1 | €13,029 | €14,094 | +€1,065 | +8.2% |
| Total equity and liabilities | 10/49 | €73,014 | €67,504 | -€5,510 | -7.5% |
| Equity | 10/15 | €23,770 | €17,338 | -€6,432 | -27.1% |
| Contributions | 10/11 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,230 | -€6,662 | +€13,568 | +67.1% |
| Amounts payable | 17/49 | €49,243 | €50,166 | +€922 | +1.9% |
| Amounts payable within one year | 42/48 | €47,743 | €48,666 | +€922 | +1.9% |
| Financial debts | 43 | €19,555 | €19,926 | +€371 | +1.9% |
| Credit institutions | 430/8 | €19,555 | €19,926 | +€371 | +1.9% |
| Trade debts | 44 | €24,524 | €25,843 | +€1,320 | +5.4% |
| Suppliers | 440/4 | €24,524 | €25,843 | +€1,320 | +5.4% |
| Taxes, remuneration and social security | 45 | €3,664 | €2,896 | -€768 | -21.0% |
| Taxes | 450/3 | €3,664 | €2,896 | -€768 | -21.0% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,958 | €1,958 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,369 | +€3,369 | |
| Other operating charges | 640/8 | €1,508 | €1,226 | -€282 | -18.7% |
| Gross operating margin | 9900 | €10,163 | €24,740 | +€14,577 | +143% |
| Operating profit (loss) | 9901 | €6,696 | €18,187 | +€11,491 | +172% |
| Financial income | 75/76B | €24 | €14 | -€10 | -41.2% |
| Recurring financial income | 75 | €24 | €14 | -€10 | -41.2% |
| Financial charges | 65/66B | €5,706 | €3,862 | -€1,844 | -32.3% |
| Recurring financial charges | 65 | €5,706 | €3,862 | -€1,844 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €1,015 | €14,340 | +€13,325 | +1,313% |
| Income taxes | 67/77 | €241 | €772 | +€531 | +221% |
| Profit (loss) for the period | 9904 | €774 | €13,568 | +€12,794 | +1,653% |
| Profit (loss) for the period to be appropriated | 9905 | €774 | €13,568 | +€12,794 | +1,653% |
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 29 October 2026 via checked.be.