ATIVO: 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.
ATIVO
Largest movements
- Cash +€35,103
up €35,103 (+35.2%), from €99,724 to €134,827
mainly Accrued charges and deferred income (+€59,518) and Net result for the year (+€16,650)
- Deferred charges and accrued income -€8,888
down €8,888 (-90.6%), from €9,808 to €921
- Receivables within one year -€8,121
down €8,121 (-56.6%), from €14,359 to €6,238
of which Other amounts receivable: -€7,662
- Intangible fixed assets -€3,493
down €3,493 (-80.4%), from €4,345 to €852
- Tangible fixed assets -€2,017
down €2,017 (-22.7%), from €8,877 to €6,859
of which Furniture and vehicles: -€1,111
- Accrued charges and deferred income +€59,518
up €59,518, from €0 to €59,518
- Reserves -€22,546
down €22,546 (-27.2%), from €82,806 to €60,260
- Tax, wage and social debts -€21,709
down €21,709 (-90.6%), from €23,968 to €2,259
of which Remuneration and social security: -€14,912
- Trade debts -€14,207
down €14,207 (-92.2%), from €15,402 to €1,195
- Other debts +€7,367
up €7,367, from €0 to €7,367
- Staff costs -€54,882
down €54,882 (-94.4%), from €58,117 to €3,236
- Gross operating margin -€32,066
down €32,066 (-51.6%), from €62,173 to €30,106
- Taxes +€1,177
up €1,177 (+1,807%), from €65 to €1,242
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 | €137,112 | €149,696 | +€12,584 | +9.2% |
| Fixed assets | 21/28 | €13,222 | €7,711 | -€5,511 | -41.7% |
| Intangible fixed assets | 21 | €4,345 | €852 | -€3,493 | -80.4% |
| Tangible fixed assets | 22/27 | €8,877 | €6,859 | -€2,017 | -22.7% |
| Plant, machinery and equipment | 23 | €1,426 | €866 | -€559 | -39.2% |
| Furniture and vehicles | 24 | €7,032 | €5,922 | -€1,111 | -15.8% |
| Other tangible fixed assets | 26 | €419 | €71 | -€348 | -83.0% |
| Current assets | 29/58 | €123,890 | €141,985 | +€18,095 | +14.6% |
| Amounts receivable within one year | 40/41 | €14,359 | €6,238 | -€8,121 | -56.6% |
| Trade receivables | 40 | €5,901 | €5,442 | -€458 | -7.8% |
| Other amounts receivable | 41 | €8,458 | €795 | -€7,662 | -90.6% |
| Cash at bank and in hand | 54/58 | €99,724 | €134,827 | +€35,103 | +35.2% |
| Deferred charges and accrued income | 490/1 | €9,808 | €921 | -€8,888 | -90.6% |
| Total equity and liabilities | 10/49 | €137,112 | €149,696 | +€12,584 | +9.2% |
| Equity | 10/15 | €96,291 | €78,810 | -€17,481 | -18.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €82,806 | €60,260 | -€22,546 | -27.2% |
| Distributable reserves | 133 | €82,806 | €60,260 | -€22,546 | -27.2% |
| Profit (loss) carried forward | 14 | -€5,065 | €0 | +€5,065 | |
| Amounts payable | 17/49 | €40,821 | €70,886 | +€30,065 | +73.7% |
| Amounts payable within one year | 42/48 | €40,821 | €11,368 | -€29,453 | -72.2% |
| Financial debts | 43 | €1,451 | €547 | -€904 | -62.3% |
| Credit institutions | 430/8 | €1,451 | €547 | -€904 | -62.3% |
| Trade debts | 44 | €15,402 | €1,195 | -€14,207 | -92.2% |
| Suppliers | 440/4 | €15,402 | €1,195 | -€14,207 | -92.2% |
| Taxes, remuneration and social security | 45 | €23,968 | €2,259 | -€21,709 | -90.6% |
| Taxes | 450/3 | €9,056 | €2,259 | -€6,797 | -75.1% |
| Remuneration and social security | 454/9 | €14,912 | €0 | -€14,912 | -100% |
| Other amounts payable | 47/48 | €0 | €7,367 | +€7,367 | |
| Accrued charges and deferred income | 492/3 | €0 | €59,518 | +€59,518 | |
| Remuneration, social security and pensions | 62 | €58,117 | €3,236 | -€54,882 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,356 | €5,511 | +€154 | +2.9% |
| Other operating charges | 640/8 | €880 | €903 | +€23 | +2.6% |
| Gross operating margin | 9900 | €62,173 | €30,106 | -€32,066 | -51.6% |
| Operating profit (loss) | 9901 | -€2,181 | €20,457 | +€22,638 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +1,900% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1,900% |
| Financial charges | 65/66B | €2,819 | €2,564 | -€254 | -9.0% |
| Recurring financial charges | 65 | €2,819 | €2,564 | -€254 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,000 | €17,893 | +€22,892 | |
| Income taxes | 67/77 | €65 | €1,242 | +€1,177 | +1,807% |
| Profit (loss) for the period | 9904 | -€5,065 | €16,650 | +€21,715 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,065 | €16,650 | +€21,715 |
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 19 October 2026 via checked.be.