Aspirations: 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.
Aspirations
Largest movements
- Tangible fixed assets -€34,911
down €34,911 (-29.4%), from €118,751 to €83,840
of which Furniture and vehicles: -€26,445
- Receivables within one year -€25,018
down €25,018 (-44.7%), from €55,931 to €30,913
of which Trade receivables: -€17,735
- Cash +€15,346
up €15,346 (+90.6%), from €16,930 to €32,276
mainly Receivables within one year (+€25,018) and Investment in fixed assets (net) (+€21,138)
- Receivables after one year -€5,004
down €5,004 (-33.1%), from €15,131 to €10,127
- Reserves -€57,809
down €57,809 (-45.2%), from €127,852 to €70,043
- Other debts +€19,895
up €19,895 (+528%), from €3,770 to €23,665
- Debts after one year -€6,169
down €6,169 (-12.6%), from €48,863 to €42,694
- Trade debts -€3,277
down €3,277 (-89.5%), from €3,661 to €384
- Depreciation -€13,448
down €13,448 (-49.4%), from €27,221 to €13,773
- Taxes +€2,288
up €2,288 (+34.1%), from €6,718 to €9,006
- Gross operating margin -€1,911
down €1,911 (-4.3%), from €44,787 to €42,877
- Other operating charges +€998
up €998 (+221%), from €451 to €1,449
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 | €207,260 | €158,277 | -€48,983 | -23.6% |
| Fixed assets | 21/28 | €118,751 | €83,840 | -€34,911 | -29.4% |
| Tangible fixed assets | 22/27 | €118,751 | €83,840 | -€34,911 | -29.4% |
| Plant, machinery and equipment | 23 | €10,046 | €8,688 | -€1,358 | -13.5% |
| Furniture and vehicles | 24 | €28,236 | €1,791 | -€26,445 | -93.7% |
| Other tangible fixed assets | 26 | €80,470 | €73,361 | -€7,108 | -8.8% |
| Current assets | 29/58 | €88,509 | €74,437 | -€14,072 | -15.9% |
| Amounts receivable after more than one year | 29 | €15,131 | €10,127 | -€5,004 | -33.1% |
| Other amounts receivable | 291 | €15,131 | €10,127 | -€5,004 | -33.1% |
| Amounts receivable within one year | 40/41 | €55,931 | €30,913 | -€25,018 | -44.7% |
| Trade receivables | 40 | €45,654 | €27,919 | -€17,735 | -38.8% |
| Other amounts receivable | 41 | €10,276 | €2,994 | -€7,283 | -70.9% |
| Cash at bank and in hand | 54/58 | €16,930 | €32,276 | +€15,346 | +90.6% |
| Deferred charges and accrued income | 490/1 | €517 | €1,121 | +€604 | +117% |
| Total equity and liabilities | 10/49 | €207,260 | €158,277 | -€48,983 | -23.6% |
| Equity | 10/15 | €140,260 | €82,451 | -€57,809 | -41.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €127,852 | €70,043 | -€57,809 | -45.2% |
| Distributable reserves | 133 | €127,852 | €70,043 | -€57,809 | -45.2% |
| Profit (loss) carried forward | 14 | €8 | €8 | = | 0.0% |
| Amounts payable | 17/49 | €67,000 | €75,826 | +€8,826 | +13.2% |
| Amounts payable after more than one year | 17 | €48,863 | €42,694 | -€6,169 | -12.6% |
| Financial debts | 170/4 | €48,863 | €42,694 | -€6,169 | -12.6% |
| Amounts payable within one year | 42/48 | €18,138 | €33,132 | +€14,994 | +82.7% |
| Current portion of amounts payable after more than one year | 42 | €6,067 | €6,169 | +€102 | +1.7% |
| Trade debts | 44 | €3,661 | €384 | -€3,277 | -89.5% |
| Suppliers | 440/4 | €3,661 | €384 | -€3,277 | -89.5% |
| Taxes, remuneration and social security | 45 | €4,639 | €2,914 | -€1,725 | -37.2% |
| Taxes | 450/3 | €4,639 | €2,914 | -€1,725 | -37.2% |
| Other amounts payable | 47/48 | €3,770 | €23,665 | +€19,895 | +528% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,221 | €13,773 | -€13,448 | -49.4% |
| Other operating charges | 640/8 | €451 | €1,449 | +€998 | +221% |
| Gross operating margin | 9900 | €44,787 | €42,877 | -€1,911 | -4.3% |
| Operating profit (loss) | 9901 | €17,115 | €27,654 | +€10,539 | +61.6% |
| Financial income | 75/76B | €6 | €55 | +€49 | +857% |
| Recurring financial income | 75 | €6 | €55 | +€49 | +857% |
| Financial charges | 65/66B | €1,507 | €1,386 | -€121 | -8.1% |
| Recurring financial charges | 65 | €1,507 | €1,386 | -€121 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €15,614 | €26,323 | +€10,710 | +68.6% |
| Income taxes | 67/77 | €6,718 | €9,006 | +€2,288 | +34.1% |
| Profit (loss) for the period | 9904 | €8,896 | €17,317 | +€8,421 | +94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,896 | €17,317 | +€8,421 | +94.7% |
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 15 October 2026 via checked.be.