AS COMPANY: what changed
AS COMPANY
Largest movements
- Tangible fixed assets -€5,750
down €5,750 (-58.8%), from €9,785 to €4,035
of which Furniture and vehicles: -€3,000
- Cash +€810
up €810 (+4.4%), from €18,421 to €19,231
mainly Tax, wage and social debts (+€28,464) and Depreciation (+€5,750)
- Stocks and contracts +€416
up €416 (+8.0%), from €5,178 to €5,594
- Profit (loss) carried forward -€31,565
down €31,565, from €28,838 to -€2,727
- Tax, wage and social debts +€28,464
up €28,464 (+2,660%), from €1,070 to €29,534
of which Remuneration and social security: +€28,877
- Trade debts -€1,185
down €1,185 (-32.8%), from €3,612 to €2,427
- Staff costs +€30,936
up €30,936 (+49.9%), from €61,941 to €92,877
- Taxes +€4,001
new in 2025: €4,001
- Gross operating margin -€732
down €732 (-1.0%), from €71,826 to €71,094
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,520 | €30,234 | -€4,287 | -12.4% |
| Fixed assets | 21/28 | €9,785 | €4,035 | -€5,750 | -58.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €9,785 | €4,035 | -€5,750 | -58.8% |
| Plant, machinery and equipment | 23 | €6,785 | €4,035 | -€2,750 | -40.5% |
| Furniture and vehicles | 24 | €3,000 | - | -€3,000 | |
| Current assets | 29/58 | €24,735 | €26,199 | +€1,463 | +5.9% |
| Stocks and contracts in progress | 3 | €5,178 | €5,594 | +€416 | +8.0% |
| Stocks | 30/36 | €5,178 | €5,594 | +€416 | +8.0% |
| Amounts receivable within one year | 40/41 | €1,137 | €1,374 | +€237 | +20.9% |
| Other amounts receivable | 41 | €1,137 | €1,374 | +€237 | +20.9% |
| Cash at bank and in hand | 54/58 | €18,421 | €19,231 | +€810 | +4.4% |
| Total equity and liabilities | 10/49 | €34,520 | €30,234 | -€4,287 | -12.4% |
| Equity | 10/15 | €29,838 | -€1,727 | -€31,565 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,838 | -€2,727 | -€31,565 | |
| Amounts payable | 17/49 | €4,682 | €31,961 | +€27,278 | +583% |
| Amounts payable within one year | 42/48 | €4,682 | €31,961 | +€27,278 | +583% |
| Trade debts | 44 | €3,612 | €2,427 | -€1,185 | -32.8% |
| Suppliers | 440/4 | €3,612 | €2,427 | -€1,185 | -32.8% |
| Taxes, remuneration and social security | 45 | €1,070 | €29,534 | +€28,464 | +2,660% |
| Taxes | 450/3 | €890 | €476 | -€414 | -46.5% |
| Remuneration and social security | 454/9 | €180 | €29,057 | +€28,877 | +16,066% |
| Remuneration, social security and pensions | 62 | €61,941 | €92,877 | +€30,936 | +49.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,393 | €5,750 | -€643 | -10.1% |
| Other operating charges | 640/8 | €602 | - | -€602 | |
| Gross operating margin | 9900 | €71,826 | €71,094 | -€732 | -1.0% |
| Operating profit (loss) | 9901 | €2,890 | -€27,533 | -€30,422 | |
| Financial charges | 65/66B | €37 | €32 | -€5 | -13.9% |
| Recurring financial charges | 65 | €37 | €32 | -€5 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €2,853 | -€27,564 | -€30,417 | |
| Income taxes | 67/77 | - | €4,001 | +€4,001 | |
| Profit (loss) for the period | 9904 | €2,853 | -€31,565 | -€34,418 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,853 | -€31,565 | -€34,418 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.