AS CONCEPTS: 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.
AS CONCEPTS
Largest movements
- Tangible fixed assets -€540
down €540 (-46.7%), from €1,155 to €615
- Profit (loss) carried forward -€540
down €540 (-2.5%), from -€22,014 to -€22,554
- Depreciation -€15,569
down €15,569 (-96.6%), from €16,109 to €540
- Financial charges -€165
no longer reported in 2025 (was €165)
- Gross operating margin -€83
no longer reported in 2025 (was €83)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,155 | €615 | -€540 | -46.7% |
| Fixed assets | 21/28 | €1,155 | €615 | -€540 | -46.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,155 | €615 | -€540 | -46.7% |
| Furniture and vehicles | 24 | €1,155 | €615 | -€540 | -46.7% |
| Total equity and liabilities | 10/49 | €1,155 | €615 | -€540 | -46.7% |
| Equity | 10/15 | -€20,014 | -€20,554 | -€540 | -2.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,014 | -€22,554 | -€540 | -2.5% |
| Amounts payable | 17/49 | €21,170 | €21,170 | = | 0.0% |
| Amounts payable within one year | 42/48 | €21,170 | €21,170 | = | 0.0% |
| Other amounts payable | 47/48 | €21,170 | €21,170 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,109 | €540 | -€15,569 | -96.6% |
| Gross operating margin | 9900 | €83 | - | -€83 | |
| Operating profit (loss) | 9901 | -€16,025 | -€540 | +€15,485 | +96.6% |
| Financial charges | 65/66B | €165 | - | -€165 | |
| Recurring financial charges | 65 | €165 | - | -€165 | |
| Profit (loss) for the period before taxes | 9903 | -€16,190 | -€540 | +€15,650 | +96.7% |
| Profit (loss) for the period | 9904 | -€16,190 | -€540 | +€15,650 | +96.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,190 | -€540 | +€15,650 | +96.7% |
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 12 October 2026 via checked.be.