ARTICLE PREMIER: 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.
ARTICLE PREMIER
Largest movements
- Cash -€7,051
down €7,051 (-99.6%), from €7,078 to €27
mainly Other debts (-€4,021) and Net result for the year (-€2,914)
- Receivables within one year +€2,485
up €2,485 (+39.8%), from €6,238 to €8,723
- Tangible fixed assets -€1,820
down €1,820 (-9.6%), from €18,865 to €17,045
of which Land and buildings: -€1,410
- Other debts -€4,021
no longer reported in 2025 (was €4,021)
- Profit (loss) carried forward -€2,914
down €2,914 (-49.4%), from €5,904 to €2,989
- Trade debts +€1,525
up €1,525 (+177%), from €860 to €2,384
- Tax, wage and social debts -€975
no longer reported in 2025 (was €975)
- Gross operating margin -€7,131
down €7,131 (-94.1%), from €7,579 to €449
- Taxes -€975
no longer reported in 2025 (was €975)
- Depreciation -€401
down €401 (-18.0%), from €2,220 to €1,820
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 | €32,210 | €25,825 | -€6,386 | -19.8% |
| Fixed assets | 21/28 | €18,894 | €17,074 | -€1,820 | -9.6% |
| Tangible fixed assets | 22/27 | €18,865 | €17,045 | -€1,820 | -9.6% |
| Land and buildings | 22 | €17,792 | €16,382 | -€1,410 | -7.9% |
| Plant, machinery and equipment | 23 | €1,072 | €662 | -€410 | -38.2% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €13,316 | €8,750 | -€4,566 | -34.3% |
| Amounts receivable within one year | 40/41 | €6,238 | €8,723 | +€2,485 | +39.8% |
| Other amounts receivable | 41 | €6,238 | €8,723 | +€2,485 | +39.8% |
| Cash at bank and in hand | 54/58 | €7,078 | €27 | -€7,051 | -99.6% |
| Total equity and liabilities | 10/49 | €32,210 | €25,825 | -€6,386 | -19.8% |
| Equity | 10/15 | €26,355 | €23,441 | -€2,914 | -11.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,904 | €2,989 | -€2,914 | -49.4% |
| Amounts payable | 17/49 | €5,856 | €2,384 | -€3,471 | -59.3% |
| Amounts payable within one year | 42/48 | €5,856 | €2,384 | -€3,471 | -59.3% |
| Trade debts | 44 | €860 | €2,384 | +€1,525 | +177% |
| Suppliers | 440/4 | €860 | €2,384 | +€1,525 | +177% |
| Taxes, remuneration and social security | 45 | €975 | - | -€975 | |
| Taxes | 450/3 | €975 | - | -€975 | |
| Other amounts payable | 47/48 | €4,021 | - | -€4,021 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,220 | €1,820 | -€401 | -18.0% |
| Other operating charges | 640/8 | €1,312 | €1,353 | +€41 | +3.1% |
| Gross operating margin | 9900 | €7,579 | €449 | -€7,131 | -94.1% |
| Operating profit (loss) | 9901 | €4,047 | -€2,724 | -€6,771 | |
| Financial charges | 65/66B | €161 | €190 | +€29 | +18.0% |
| Recurring financial charges | 65 | €161 | €190 | +€29 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €3,886 | -€2,914 | -€6,800 | |
| Income taxes | 67/77 | €975 | - | -€975 | |
| Profit (loss) for the period | 9904 | €2,911 | -€2,914 | -€5,825 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,911 | -€2,914 | -€5,825 |
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 26 October 2026 via checked.be.