BACKYARD 52: 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.
BACKYARD 52
Largest movements
- Stocks and contracts -€68,975
down €68,975 (-46.8%), from €147,521 to €78,546
- Tangible fixed assets -€27,328
down €27,328 (-15.8%), from €172,741 to €145,413
of which Land and buildings: -€25,580
- Profit (loss) carried forward -€111,814
down €111,814 (-15.8%), from -€706,736 to -€818,550
- Tax, wage and social debts +€11,908
up €11,908 (+69.1%), from €17,229 to €29,137
of which Taxes: +€11,499
- Other debts +€10,000
up €10,000 (+1.7%), from €600,000 to €610,000
- Trade debts -€8,419
down €8,419 (-13.9%), from €60,711 to €52,292
- Gross operating margin -€22,783
down €22,783 (-47.4%), from €48,080 to €25,297
- Other operating charges -€826
down €826 (-22.3%), from €3,707 to €2,881
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 | €371,205 | €272,880 | -€98,325 | -26.5% |
| Fixed assets | 21/28 | €200,241 | €172,913 | -€27,328 | -13.6% |
| Tangible fixed assets | 22/27 | €172,741 | €145,413 | -€27,328 | -15.8% |
| Land and buildings | 22 | €168,734 | €143,154 | -€25,580 | -15.2% |
| Plant, machinery and equipment | 23 | €450 | €1,755 | +€1,306 | +290.5% |
| Furniture and vehicles | 24 | €3,557 | €504 | -€3,053 | -85.8% |
| Financial fixed assets | 28 | €27,500 | €27,500 | = | 0.0% |
| Current assets | 29/58 | €170,964 | €99,966 | -€70,997 | -41.5% |
| Stocks and contracts in progress | 3 | €147,521 | €78,546 | -€68,975 | -46.8% |
| Stocks | 30/36 | €147,521 | €78,546 | -€68,975 | -46.8% |
| Cash at bank and in hand | 54/58 | €23,443 | €21,207 | -€2,236 | -9.5% |
| Deferred charges and accrued income | 490/1 | €0 | €214 | +€214 | |
| Total equity and liabilities | 10/49 | €371,205 | €272,880 | -€98,325 | -26.5% |
| Equity | 10/15 | -€306,736 | -€418,550 | -€111,814 | -36.5% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€706,736 | -€818,550 | -€111,814 | -15.8% |
| Amounts payable | 17/49 | €677,940 | €691,430 | +€13,489 | +2.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €677,940 | €691,430 | +€13,489 | +2.0% |
| Trade debts | 44 | €60,711 | €52,292 | -€8,419 | -13.9% |
| Suppliers | 440/4 | €60,711 | €52,292 | -€8,419 | -13.9% |
| Taxes, remuneration and social security | 45 | €17,229 | €29,137 | +€11,908 | +69.1% |
| Taxes | 450/3 | €234 | €11,733 | +€11,499 | +4920.9% |
| Remuneration and social security | 454/9 | €16,996 | €17,405 | +€409 | +2.4% |
| Other amounts payable | 47/48 | €600,000 | €610,000 | +€10,000 | +1.7% |
| Remuneration, social security and pensions | 62 | €105,967 | €105,903 | -€64 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,328 | €27,328 | = | 0.0% |
| Other operating charges | 640/8 | €3,707 | €2,881 | -€826 | -22.3% |
| Gross operating margin | 9900 | €48,080 | €25,297 | -€22,783 | -47.4% |
| Operating profit (loss) | 9901 | -€88,921 | -€110,814 | -€21,893 | -24.6% |
| Financial charges | 65/66B | €988 | €1,000 | +€12 | +1.2% |
| Recurring financial charges | 65 | €988 | €1,000 | +€12 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | -€89,909 | -€111,814 | -€21,905 | -24.4% |
| Profit (loss) for the period | 9904 | -€89,909 | -€111,814 | -€21,905 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€89,909 | -€111,814 | -€21,905 | -24.4% |
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 7 October 2026 via checked.be.