AUTENTIK PROJECT: what changed
Two fiscal 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.
AUTENTIK PROJECT
Largest movements
- Cash +€14,015
up €14,015 (+13.1%), from €107,177 to €121,192
mainly Other debts (+€109,234) and Net result for the year (+€24,407)
- Receivables within one year +€9,665
up €9,665 (+55.0%), from €17,573 to €27,239
of which Trade receivables: +€7,745
- Other debts +€109,234
up €109,234 (+1877.6%), from €5,818 to €115,052
- Profit (loss) carried forward -€108,511
no longer reported in 2025 (was €108,511)
- Tax, wage and social debts +€23,113
up €23,113 (+840.1%), from €2,751 to €25,864
- Gross operating margin -€7,614
down €7,614 (-17.7%), from €42,965 to €35,352
- Taxes -€770
down €770 (-8.7%), from €8,831 to €8,060
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.
Cash bridge derived
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 | €137,463 | €160,106 | +€22,643 | +16.5% |
| Fixed assets | 21/28 | €12,712 | €11,268 | -€1,444 | -11.4% |
| Tangible fixed assets | 22/27 | €12,712 | €11,268 | -€1,444 | -11.4% |
| Land and buildings | 22 | €12,712 | €11,268 | -€1,444 | -11.4% |
| Current assets | 29/58 | €124,750 | €148,837 | +€24,087 | +19.3% |
| Amounts receivable within one year | 40/41 | €17,573 | €27,239 | +€9,665 | +55.0% |
| Trade receivables | 40 | €16,387 | €24,132 | +€7,745 | +47.3% |
| Other amounts receivable | 41 | €1,186 | €3,107 | +€1,921 | +161.9% |
| Cash at bank and in hand | 54/58 | €107,177 | €121,192 | +€14,015 | +13.1% |
| Deferred charges and accrued income | 490/1 | - | €407 | +€407 | |
| Total equity and liabilities | 10/49 | €137,463 | €160,106 | +€22,643 | +16.5% |
| Equity | 10/15 | €111,011 | €2,500 | -€108,511 | -97.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,511 | - | -€108,511 | |
| Amounts payable | 17/49 | €26,451 | €157,606 | +€131,154 | +495.8% |
| Amounts payable after more than one year | 17 | €10,760 | €9,655 | -€1,105 | -10.3% |
| Financial debts | 170/4 | €10,760 | €9,655 | -€1,105 | -10.3% |
| Amounts payable within one year | 42/48 | €15,691 | €147,950 | +€132,259 | +842.9% |
| Current portion of amounts payable after more than one year | 42 | €7,040 | €6,980 | -€60 | -0.8% |
| Trade debts | 44 | €83 | €55 | -€28 | -33.9% |
| Suppliers | 440/4 | €83 | €55 | -€28 | -33.9% |
| Taxes, remuneration and social security | 45 | €2,751 | €25,864 | +€23,113 | +840.1% |
| Taxes | 450/3 | €2,751 | €25,864 | +€23,113 | +840.1% |
| Other amounts payable | 47/48 | €5,818 | €115,052 | +€109,234 | +1877.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,444 | €1,444 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €484 | +€96 | +24.9% |
| Gross operating margin | 9900 | €42,965 | €35,352 | -€7,614 | -17.7% |
| Operating profit (loss) | 9901 | €41,134 | €33,424 | -€7,710 | -18.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,157 | €958 | -€199 | -17.2% |
| Recurring financial charges | 65 | €1,157 | €958 | -€199 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €39,977 | €32,467 | -€7,509 | -18.8% |
| Income taxes | 67/77 | €8,831 | €8,060 | -€770 | -8.7% |
| Profit (loss) for the period | 9904 | €31,146 | €24,407 | -€6,739 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,146 | €24,407 | -€6,739 | -21.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.