BACK OFFICE: 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.
BACK OFFICE
Largest movements
- Receivables within one year -€18,169
down €18,169 (-35.4%), from €51,280 to €33,111
of which Other amounts receivable: -€16,395
- Cash +€18,144
up €18,144 (+42.8%), from €42,413 to €60,557
mainly Receivables within one year (+€18,169) and Depreciation (+€15,115)
- Tangible fixed assets -€15,115
down €15,115 (-7.7%), from €195,608 to €180,493
of which Furniture and vehicles: -€9,258
- Profit (loss) carried forward -€14,673
down €14,673 (-66.6%), from -€22,025 to -€36,698
- Gross operating margin +€5,702
up €5,702, from -€4,420 to €1,282
- Depreciation -€561
down €561 (-3.6%), from €15,676 to €15,115
- Financial income +€99
up €99 (+5.2%), from €1,906 to €2,004
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 | €289,401 | €274,261 | -€15,139 | -5.2% |
| Fixed assets | 21/28 | €195,708 | €180,593 | -€15,115 | -7.7% |
| Tangible fixed assets | 22/27 | €195,608 | €180,493 | -€15,115 | -7.7% |
| Land and buildings | 22 | €153,485 | €148,205 | -€5,280 | -3.4% |
| Plant, machinery and equipment | 23 | €2,098 | €1,521 | -€577 | -27.5% |
| Furniture and vehicles | 24 | €40,025 | €30,767 | -€9,258 | -23.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €93,693 | €93,669 | -€24 | 0.0% |
| Amounts receivable within one year | 40/41 | €51,280 | €33,111 | -€18,169 | -35.4% |
| Trade receivables | 40 | €2,076 | €303 | -€1,774 | -85.4% |
| Other amounts receivable | 41 | €49,204 | €32,809 | -€16,395 | -33.3% |
| Cash at bank and in hand | 54/58 | €42,413 | €60,557 | +€18,144 | +42.8% |
| Total equity and liabilities | 10/49 | €289,401 | €274,261 | -€15,139 | -5.2% |
| Equity | 10/15 | €288,034 | €273,361 | -€14,673 | -5.1% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €235,692 | €235,692 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €228,255 | €228,255 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,025 | -€36,698 | -€14,673 | -66.6% |
| Amounts payable | 17/49 | €1,366 | €900 | -€466 | -34.1% |
| Amounts payable within one year | 42/48 | €1,366 | €900 | -€466 | -34.1% |
| Trade debts | 44 | €1,366 | €614 | -€752 | -55.0% |
| Suppliers | 440/4 | €1,366 | €614 | -€752 | -55.0% |
| Taxes, remuneration and social security | 45 | - | €286 | +€286 | |
| Taxes | 450/3 | - | €286 | +€286 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,676 | €15,115 | -€561 | -3.6% |
| Other operating charges | 640/8 | €2,584 | €2,540 | -€44 | -1.7% |
| Non-recurring operating charges | 66A | €100 | €100 | = | 0.0% |
| Gross operating margin | 9900 | -€4,420 | €1,282 | +€5,702 | |
| Operating profit (loss) | 9901 | -€22,780 | -€16,473 | +€6,307 | +27.7% |
| Financial income | 75/76B | €1,906 | €2,004 | +€99 | +5.2% |
| Recurring financial income | 75 | €1,906 | €2,004 | +€99 | +5.2% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.5% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | -€20,941 | -€14,541 | +€6,400 | +30.6% |
| Income taxes | 67/77 | €160 | €132 | -€28 | -17.5% |
| Profit (loss) for the period | 9904 | -€21,101 | -€14,673 | +€6,428 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,101 | -€14,673 | +€6,428 | +30.5% |
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.