Backstage Communication: what changed
Backstage Communication
Largest movements
- Receivables within one year -€462,468
down €462,468 (-48.4%), from €954,625 to €492,158
of which Trade receivables: -€470,619
- Cash -€57,782
down €57,782 (-37.1%), from €155,602 to €97,820
mainly Trade debts (-€475,232) and Current portion of long-term debt (-€44,741)
- Current investments -€35,000
down €35,000 (-24.6%), from €142,400 to €107,400
- Trade debts -€475,232
down €475,232 (-61.0%), from €779,088 to €303,856
- Current portion of long-term debt -€44,741
down €44,741 (-54.6%), from €82,017 to €37,276
- Tax, wage and social debts -€35,272
down €35,272 (-22.2%), from €159,231 to €123,959
of which Remuneration and social security: -€35,575
- Accrued charges and deferred income +€20,651
up €20,651 (+214%), from €9,631 to €30,282
- Debts after one year -€16,757
down €16,757 (-53.8%), from €31,176 to €14,418
- Staff costs -€39,131
down €39,131 (-13.6%), from €286,975 to €247,844
- Gross operating margin -€22,288
down €22,288 (-6.7%), from €332,295 to €310,007
- Write-downs +€14,014
up €14,014 (+62.3%), from €22,486 to €36,500
- Taxes +€13,333
up €13,333 (+397%), from €3,357 to €16,690
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,288,393 | €732,725 | -€555,668 | -43.1% |
| Fixed assets | 21/28 | €11,395 | €9,995 | -€1,399 | -12.3% |
| Tangible fixed assets | 22/27 | €11,195 | €9,795 | -€1,399 | -12.5% |
| Furniture and vehicles | 24 | €7,410 | €7,307 | -€103 | -1.4% |
| Other tangible fixed assets | 26 | €3,785 | €2,488 | -€1,297 | -34.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €1,276,998 | €722,729 | -€554,269 | -43.4% |
| Amounts receivable within one year | 40/41 | €954,625 | €492,158 | -€462,468 | -48.4% |
| Trade receivables | 40 | €874,946 | €404,327 | -€470,619 | -53.8% |
| Other amounts receivable | 41 | €79,680 | €87,830 | +€8,151 | +10.2% |
| Current investments | 50/53 | €142,400 | €107,400 | -€35,000 | -24.6% |
| Cash at bank and in hand | 54/58 | €155,602 | €97,820 | -€57,782 | -37.1% |
| Deferred charges and accrued income | 490/1 | €24,371 | €25,351 | +€981 | +4.0% |
| Total equity and liabilities | 10/49 | €1,288,393 | €732,725 | -€555,668 | -43.1% |
| Equity | 10/15 | €224,414 | €218,594 | -€5,820 | -2.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €202,414 | €196,594 | -€5,820 | -2.9% |
| Amounts payable | 17/49 | €1,063,979 | €514,131 | -€549,848 | -51.7% |
| Amounts payable after more than one year | 17 | €31,176 | €14,418 | -€16,757 | -53.8% |
| Financial debts | 170/4 | €31,176 | €14,418 | -€16,757 | -53.8% |
| Amounts payable within one year | 42/48 | €1,023,173 | €469,431 | -€553,742 | -54.1% |
| Current portion of amounts payable after more than one year | 42 | €82,017 | €37,276 | -€44,741 | -54.6% |
| Trade debts | 44 | €779,088 | €303,856 | -€475,232 | -61.0% |
| Suppliers | 440/4 | €779,088 | €303,856 | -€475,232 | -61.0% |
| Taxes, remuneration and social security | 45 | €159,231 | €123,959 | -€35,272 | -22.2% |
| Taxes | 450/3 | €639 | €943 | +€304 | +47.5% |
| Remuneration and social security | 454/9 | €158,591 | €123,016 | -€35,575 | -22.4% |
| Other amounts payable | 47/48 | €2,837 | €4,340 | +€1,502 | +53.0% |
| Accrued charges and deferred income | 492/3 | €9,631 | €30,282 | +€20,651 | +214% |
| Remuneration, social security and pensions | 62 | €286,975 | €247,844 | -€39,131 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,006 | €5,744 | -€262 | -4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €22,486 | €36,500 | +€14,014 | +62.3% |
| Other operating charges | 640/8 | €2,413 | €3,794 | +€1,381 | +57.2% |
| Gross operating margin | 9900 | €332,295 | €310,007 | -€22,288 | -6.7% |
| Operating profit (loss) | 9901 | €14,415 | €16,125 | +€1,711 | +11.9% |
| Financial income | 75/76B | €687 | €1 | -€686 | -99.9% |
| Recurring financial income | 75 | €687 | €1 | -€686 | -99.9% |
| Financial charges | 65/66B | €4,980 | €5,256 | +€277 | +5.6% |
| Recurring financial charges | 65 | €4,980 | €5,256 | +€277 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €10,122 | €10,870 | +€748 | +7.4% |
| Income taxes | 67/77 | €3,357 | €16,690 | +€13,333 | +397% |
| Profit (loss) for the period | 9904 | €6,765 | -€5,820 | -€12,584 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,765 | -€5,820 | -€12,584 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.