BACKSPIN: 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.
BACKSPIN
Largest movements
- Receivables within one year -€2,254
down €2,254 (-12.0%), from €18,841 to €16,587
of which Trade receivables: -€1,306
- Receivables after one year -€2,078
down €2,078 (-9.9%), from €21,000 to €18,922
- Tangible fixed assets -€893
down €893 (-34.8%), from €2,564 to €1,671
of which Furniture and vehicles: -€529
- Cash +€839
up €839 (+37.2%), from €2,253 to €3,092
mainly Trade debts (+€3,691) and Tax, wage and social debts (+€2,724)
- Other debts -€7,714
down €7,714 (-72.0%), from €10,714 to €3,000
- Trade debts +€3,691
up €3,691 (+1876.1%), from €197 to €3,888
- Profit (loss) carried forward -€3,519
down €3,519 (-20.7%), from €17,030 to €13,512
- Tax, wage and social debts +€2,724
up €2,724 (+101.2%), from €2,690 to €5,414
- Gross operating margin -€3,541
down €3,541 (-53.6%), from €6,610 to €3,069
- Other operating charges -€959
down €959 (-57.8%), from €1,661 to €702
- Financial income +€247
up €247 (+50.9%), from €485 to €732
- Taxes +€135
up €135 (+5.4%), from €2,483 to €2,618
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 | €45,559 | €40,741 | -€4,818 | -10.6% |
| Fixed assets | 21/28 | €2,564 | €1,671 | -€893 | -34.8% |
| Tangible fixed assets | 22/27 | €2,564 | €1,671 | -€893 | -34.8% |
| Land and buildings | 22 | €1,939 | €1,671 | -€268 | -13.8% |
| Furniture and vehicles | 24 | €529 | - | -€529 | |
| Other tangible fixed assets | 26 | €96 | - | -€96 | |
| Current assets | 29/58 | €42,995 | €39,070 | -€3,925 | -9.1% |
| Amounts receivable after more than one year | 29 | €21,000 | €18,922 | -€2,078 | -9.9% |
| Other amounts receivable | 291 | €21,000 | €18,922 | -€2,078 | -9.9% |
| Amounts receivable within one year | 40/41 | €18,841 | €16,587 | -€2,254 | -12.0% |
| Trade receivables | 40 | €8,638 | €7,331 | -€1,306 | -15.1% |
| Other amounts receivable | 41 | €10,203 | €9,256 | -€947 | -9.3% |
| Cash at bank and in hand | 54/58 | €2,253 | €3,092 | +€839 | +37.2% |
| Deferred charges and accrued income | 490/1 | €901 | €469 | -€432 | -48.0% |
| Total equity and liabilities | 10/49 | €45,559 | €40,741 | -€4,818 | -10.6% |
| Equity | 10/15 | €31,957 | €28,439 | -€3,519 | -11.0% |
| Contributions | 10/11 | €12,550 | €12,550 | = | 0.0% |
| Reserves | 13 | €2,377 | €2,377 | = | 0.0% |
| Distributable reserves | 133 | €2,377 | €2,377 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,030 | €13,512 | -€3,519 | -20.7% |
| Amounts payable | 17/49 | €13,601 | €12,302 | -€1,300 | -9.6% |
| Amounts payable within one year | 42/48 | €13,601 | €12,302 | -€1,300 | -9.6% |
| Trade debts | 44 | €197 | €3,888 | +€3,691 | +1876.1% |
| Suppliers | 440/4 | €197 | €3,888 | +€3,691 | +1876.1% |
| Taxes, remuneration and social security | 45 | €2,690 | €5,414 | +€2,724 | +101.2% |
| Taxes | 450/3 | €2,690 | €5,414 | +€2,724 | +101.2% |
| Other amounts payable | 47/48 | €10,714 | €3,000 | -€7,714 | -72.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €893 | €893 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,661 | €702 | -€959 | -57.8% |
| Gross operating margin | 9900 | €6,610 | €3,069 | -€3,541 | -53.6% |
| Operating profit (loss) | 9901 | €4,057 | €1,475 | -€2,582 | -63.6% |
| Financial income | 75/76B | €485 | €732 | +€247 | +50.9% |
| Recurring financial income | 75 | €485 | €732 | +€247 | +50.9% |
| Financial charges | 65/66B | €115 | €108 | -€7 | -6.2% |
| Recurring financial charges | 65 | €115 | €108 | -€7 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €4,427 | €2,099 | -€2,328 | -52.6% |
| Income taxes | 67/77 | €2,483 | €2,618 | +€135 | +5.4% |
| Profit (loss) for the period | 9904 | €1,944 | -€519 | -€2,463 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,944 | -€519 | -€2,463 |
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 12 October 2026 via checked.be.