AUFTAKT: 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.
AUFTAKT
Largest movements
- Receivables after one year -€250,000
no longer reported in 2025 (was €250,000)
- Receivables within one year -€188,757
down €188,757 (-66.7%), from €283,165 to €94,408
of which Other amounts receivable: -€119,102
- Cash +€50,842
up €50,842 (+5,152%), from €987 to €51,829
mainly Receivables after one year (+€250,000) and Receivables within one year (+€188,757)
- Tangible fixed assets +€5,885
up €5,885 (+868%), from €678 to €6,564
- Profit (loss) carried forward -€463,473
no longer reported in 2025 (was €463,473)
- Other debts +€89,936
up €89,936 (+7,667%), from €1,173 to €91,109
- Gross operating margin +€3,364
up €3,364 (+3.1%), from €109,206 to €112,570
- Financial income -€2,050
down €2,050 (-9.8%), from €20,923 to €18,873
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 | €534,830 | €152,800 | -€382,030 | -71.4% |
| Fixed assets | 21/28 | €678 | €6,564 | +€5,885 | +868% |
| Tangible fixed assets | 22/27 | €678 | €6,564 | +€5,885 | +868% |
| Furniture and vehicles | 24 | €678 | €6,564 | +€5,885 | +868% |
| Current assets | 29/58 | €534,151 | €146,236 | -€387,915 | -72.6% |
| Amounts receivable after more than one year | 29 | €250,000 | - | -€250,000 | |
| Other amounts receivable | 291 | €250,000 | - | -€250,000 | |
| Amounts receivable within one year | 40/41 | €283,165 | €94,408 | -€188,757 | -66.7% |
| Trade receivables | 40 | €164,063 | €94,408 | -€69,655 | -42.5% |
| Other amounts receivable | 41 | €119,102 | - | -€119,102 | |
| Cash at bank and in hand | 54/58 | €987 | €51,829 | +€50,842 | +5,152% |
| Total equity and liabilities | 10/49 | €534,830 | €152,800 | -€382,030 | -71.4% |
| Equity | 10/15 | €468,473 | €5,000 | -€463,473 | -98.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €463,473 | - | -€463,473 | |
| Amounts payable | 17/49 | €66,357 | €147,800 | +€81,443 | +123% |
| Amounts payable within one year | 42/48 | €65,145 | €147,800 | +€82,655 | +127% |
| Trade debts | 44 | €6,914 | €1,772 | -€5,141 | -74.4% |
| Suppliers | 440/4 | €6,914 | €1,772 | -€5,141 | -74.4% |
| Taxes, remuneration and social security | 45 | €57,058 | €54,919 | -€2,139 | -3.7% |
| Taxes | 450/3 | €57,058 | €54,919 | -€2,139 | -3.7% |
| Other amounts payable | 47/48 | €1,173 | €91,109 | +€89,936 | +7,667% |
| Accrued charges and deferred income | 492/3 | €1,212 | - | -€1,212 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €407 | €587 | +€180 | +44.2% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €109,206 | €112,570 | +€3,364 | +3.1% |
| Operating profit (loss) | 9901 | €108,799 | €111,583 | +€2,784 | +2.6% |
| Financial income | 75/76B | €20,923 | €18,873 | -€2,050 | -9.8% |
| Recurring financial income | 75 | €20,923 | €18,873 | -€2,050 | -9.8% |
| Financial charges | 65/66B | €615 | €208 | -€408 | -66.2% |
| Recurring financial charges | 65 | €615 | €208 | -€408 | -66.2% |
| Profit (loss) for the period before taxes | 9903 | €129,107 | €130,249 | +€1,142 | +0.9% |
| Income taxes | 67/77 | €28,561 | €28,078 | -€483 | -1.7% |
| Profit (loss) for the period | 9904 | €100,545 | €102,171 | +€1,626 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €100,545 | €102,171 | +€1,626 | +1.6% |
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 18 October 2026 via checked.be.