AUGUST SEVENTEEN: 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.
AUGUST SEVENTEEN
Largest movements
- Cash -€4,258
down €4,258 (-8.9%), from €47,772 to €43,514
mainly Contributions, distributions and other (-€50,000) and Tax, wage and social debts (-€1,881)
- Tangible fixed assets -€1,215
down €1,215 (-36.0%), from €3,376 to €2,161
of which Furniture and vehicles: -€639
- Profit (loss) carried forward -€47,505
down €47,505 (-84.2%), from €56,402 to €8,897
- Other debts +€42,500
new in 2025: €42,500
- Tax, wage and social debts -€1,881
no longer reported in 2025 (was €1,881)
of which Remuneration and social security: -€1,800
- Trade debts +€1,810
up €1,810 (+38.6%), from €4,692 to €6,502
- Gross operating margin -€20,905
down €20,905 (-73.0%), from €28,633 to €7,729
- Taxes -€6,346
down €6,346 (-81.9%), from €7,747 to €1,401
- Financial charges +€1,480
up €1,480 (+409%), from €362 to €1,842
- Financial income -€651
down €651 (-98.5%), from €660 to €10
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 | €62,975 | €57,900 | -€5,076 | -8.1% |
| Fixed assets | 21/28 | €3,376 | €2,161 | -€1,215 | -36.0% |
| Tangible fixed assets | 22/27 | €3,376 | €2,161 | -€1,215 | -36.0% |
| Plant, machinery and equipment | 23 | €1,022 | €446 | -€576 | -56.3% |
| Furniture and vehicles | 24 | €2,353 | €1,714 | -€639 | -27.2% |
| Current assets | 29/58 | €59,600 | €55,739 | -€3,861 | -6.5% |
| Amounts receivable within one year | 40/41 | €11,828 | €12,225 | +€397 | +3.4% |
| Trade receivables | 40 | €985 | €2,807 | +€1,822 | +185% |
| Other amounts receivable | 41 | €10,843 | €9,418 | -€1,425 | -13.1% |
| Cash at bank and in hand | 54/58 | €47,772 | €43,514 | -€4,258 | -8.9% |
| Total equity and liabilities | 10/49 | €62,975 | €57,900 | -€5,076 | -8.1% |
| Equity | 10/15 | €56,402 | €8,897 | -€47,505 | -84.2% |
| Profit (loss) carried forward | 14 | €56,402 | €8,897 | -€47,505 | -84.2% |
| Amounts payable | 17/49 | €6,573 | €49,002 | +€42,429 | +645% |
| Amounts payable within one year | 42/48 | €6,573 | €49,002 | +€42,429 | +645% |
| Trade debts | 44 | €4,692 | €6,502 | +€1,810 | +38.6% |
| Suppliers | 440/4 | €4,692 | €6,502 | +€1,810 | +38.6% |
| Taxes, remuneration and social security | 45 | €1,881 | - | -€1,881 | |
| Taxes | 450/3 | €81 | - | -€81 | |
| Remuneration and social security | 454/9 | €1,800 | - | -€1,800 | |
| Other amounts payable | 47/48 | - | €42,500 | +€42,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,215 | €1,215 | = | 0.0% |
| Other operating charges | 640/8 | €769 | €785 | +€16 | +2.1% |
| Gross operating margin | 9900 | €28,633 | €7,729 | -€20,905 | -73.0% |
| Operating profit (loss) | 9901 | €26,649 | €5,728 | -€20,921 | -78.5% |
| Financial income | 75/76B | €660 | €10 | -€651 | -98.5% |
| Recurring financial income | 75 | €660 | €10 | -€651 | -98.5% |
| Financial charges | 65/66B | €362 | €1,842 | +€1,480 | +409% |
| Recurring financial charges | 65 | €362 | €1,842 | +€1,480 | +409% |
| Profit (loss) for the period before taxes | 9903 | €26,948 | €3,896 | -€23,052 | -85.5% |
| Income taxes | 67/77 | €7,747 | €1,401 | -€6,346 | -81.9% |
| Profit (loss) for the period | 9904 | €19,201 | €2,495 | -€16,706 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,201 | €2,495 | -€16,706 | -87.0% |
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 16 October 2026 via checked.be.