ATTRAVERSIAMO: 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.
ATTRAVERSIAMO
Largest movements
- Tangible fixed assets -€130,349
down €130,349 (-60.7%), from €214,699 to €84,351
of which Plant, machinery and equipment: -€121,882
- Deferred charges and accrued income -€43,100
down €43,100 (-99.5%), from €43,318 to €219
- Stocks and contracts -€40,418
down €40,418 (-35.5%), from €113,886 to €73,468
- Profit (loss) carried forward -€141,985
down €141,985 (-192%), from -€73,779 to -€215,764
- Short-term financial debts -€50,000
no longer reported in 2025 (was €50,000)
- Debts after one year +€43,234
up €43,234 (+13.1%), from €330,714 to €373,948
- Trade debts -€36,339
down €36,339 (-99.5%), from €36,508 to €169
- Accrued charges and deferred income -€28,211
no longer reported in 2025 (was €28,211)
- Financial charges +€71,382
up €71,382 (+1,539%), from €4,638 to €76,020
of which Non-recurring financial charges: +€70,923
- Other operating charges +€63,554
up €63,554 (+7,709%), from €824 to €64,379
- Depreciation -€19,961
down €19,961 (-66.1%), from €30,208 to €10,247
- Gross operating margin +€10,791
up €10,791, from -€2,130 to €8,660
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 | €376,234 | €162,123 | -€214,111 | -56.9% |
| Fixed assets | 21/28 | €214,699 | €84,351 | -€130,349 | -60.7% |
| Tangible fixed assets | 22/27 | €214,699 | €84,351 | -€130,349 | -60.7% |
| Plant, machinery and equipment | 23 | €154,495 | €32,613 | -€121,882 | -78.9% |
| Furniture and vehicles | 24 | €896 | - | -€896 | |
| Other tangible fixed assets | 26 | €59,308 | €51,738 | -€7,570 | -12.8% |
| Current assets | 29/58 | €161,535 | €77,772 | -€83,762 | -51.9% |
| Stocks and contracts in progress | 3 | €113,886 | €73,468 | -€40,418 | -35.5% |
| Stocks | 30/36 | €113,886 | €73,468 | -€40,418 | -35.5% |
| Amounts receivable within one year | 40/41 | €1,077 | €1,913 | +€836 | +77.6% |
| Trade receivables | 40 | €619 | €1,452 | +€833 | +135% |
| Other amounts receivable | 41 | €458 | €461 | +€3 | +0.6% |
| Cash at bank and in hand | 54/58 | €3,254 | €2,173 | -€1,081 | -33.2% |
| Deferred charges and accrued income | 490/1 | €43,318 | €219 | -€43,100 | -99.5% |
| Total equity and liabilities | 10/49 | €376,234 | €162,123 | -€214,111 | -56.9% |
| Equity | 10/15 | -€71,279 | -€213,264 | -€141,985 | -199% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,779 | -€215,764 | -€141,985 | -192% |
| Amounts payable | 17/49 | €447,513 | €375,387 | -€72,126 | -16.1% |
| Amounts payable after more than one year | 17 | €330,714 | €373,948 | +€43,234 | +13.1% |
| Financial debts | 170/4 | €330,714 | €373,948 | +€43,234 | +13.1% |
| Amounts payable within one year | 42/48 | €88,588 | €1,439 | -€87,149 | -98.4% |
| Financial debts | 43 | €50,000 | - | -€50,000 | |
| Credit institutions | 430/8 | €50,000 | - | -€50,000 | |
| Trade debts | 44 | €36,508 | €169 | -€36,339 | -99.5% |
| Suppliers | 440/4 | €36,508 | €169 | -€36,339 | -99.5% |
| Taxes, remuneration and social security | 45 | €2,080 | €1,270 | -€810 | -38.9% |
| Taxes | 450/3 | €2,080 | €1,270 | -€810 | -38.9% |
| Accrued charges and deferred income | 492/3 | €28,211 | - | -€28,211 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,208 | €10,247 | -€19,961 | -66.1% |
| Other operating charges | 640/8 | €824 | €64,379 | +€63,554 | +7,709% |
| Non-recurring operating charges | 66A | €544 | - | -€544 | |
| Gross operating margin | 9900 | -€2,130 | €8,660 | +€10,791 | |
| Operating profit (loss) | 9901 | -€33,707 | -€65,966 | -€32,259 | -95.7% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €4,638 | €76,020 | +€71,382 | +1,539% |
| Recurring financial charges | 65 | €4,638 | €5,097 | +€459 | +9.9% |
| Non-recurring financial charges | 66B | - | €70,923 | +€70,923 | |
| Profit (loss) for the period before taxes | 9903 | -€38,344 | -€141,985 | -€103,641 | -270% |
| Profit (loss) for the period | 9904 | -€38,344 | -€141,985 | -€103,641 | -270% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,344 | -€141,985 | -€103,641 | -270% |
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 17 October 2026 via checked.be.