Bad Taste: 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.
Bad Taste
Largest movements
- Cash -€10,835
down €10,835 (-39.7%), from €27,325 to €16,491
mainly Other debts (-€7,208) and Investment in fixed assets (net) (-€5,983)
- Receivables within one year -€4,960
down €4,960 (-36.5%), from €13,593 to €8,633
of which Trade receivables: -€8,117
- Deferred charges and accrued income +€4,429
up €4,429 (+350%), from €1,264 to €5,693
- Tangible fixed assets +€3,737
up €3,737 (+78.7%), from €4,751 to €8,488
of which Furniture and vehicles: +€2,467
- Other debts -€7,208
down €7,208 (-31.2%), from €23,092 to €15,885
- Reserves +€6,266
up €6,266 (+156%), from €4,017 to €10,284
- Tax, wage and social debts -€3,968
down €3,968 (-48.5%), from €8,179 to €4,211
of which Taxes: -€2,818
- Trade debts -€2,477
down €2,477 (-35.6%), from €6,950 to €4,473
- Current portion of long-term debt -€1,432
no longer reported in 2025 (was €1,432)
- Gross operating margin -€15,704
down €15,704 (-54.8%), from €28,653 to €12,949
- Depreciation -€3,114
down €3,114 (-58.1%), from €5,359 to €2,245
- Taxes +€493
up €493 (+33.7%), from €1,465 to €1,958
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 | €47,481 | €39,853 | -€7,629 | -16.1% |
| Fixed assets | 21/28 | €5,299 | €9,037 | +€3,737 | +70.5% |
| Tangible fixed assets | 22/27 | €4,751 | €8,488 | +€3,737 | +78.7% |
| Plant, machinery and equipment | 23 | €2,585 | €3,855 | +€1,271 | +49.2% |
| Furniture and vehicles | 24 | €2,167 | €4,633 | +€2,467 | +114% |
| Financial fixed assets | 28 | €548 | €548 | = | 0.0% |
| Current assets | 29/58 | €42,182 | €30,816 | -€11,366 | -26.9% |
| Amounts receivable within one year | 40/41 | €13,593 | €8,633 | -€4,960 | -36.5% |
| Trade receivables | 40 | €13,593 | €5,476 | -€8,117 | -59.7% |
| Other amounts receivable | 41 | - | €3,156 | +€3,156 | |
| Cash at bank and in hand | 54/58 | €27,325 | €16,491 | -€10,835 | -39.7% |
| Deferred charges and accrued income | 490/1 | €1,264 | €5,693 | +€4,429 | +350% |
| Total equity and liabilities | 10/49 | €47,481 | €39,853 | -€7,629 | -16.1% |
| Equity | 10/15 | €5,328 | €12,784 | +€7,456 | +140% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €4,017 | €10,284 | +€6,266 | +156% |
| Distributable reserves | 133 | €4,017 | €10,284 | +€6,266 | +156% |
| Profit (loss) carried forward | 14 | -€1,189 | - | +€1,189 | |
| Amounts payable | 17/49 | €42,153 | €27,069 | -€15,084 | -35.8% |
| Amounts payable within one year | 42/48 | €39,653 | €24,569 | -€15,084 | -38.0% |
| Current portion of amounts payable after more than one year | 42 | €1,432 | - | -€1,432 | |
| Trade debts | 44 | €6,950 | €4,473 | -€2,477 | -35.6% |
| Suppliers | 440/4 | €6,950 | €4,473 | -€2,477 | -35.6% |
| Taxes, remuneration and social security | 45 | €8,179 | €4,211 | -€3,968 | -48.5% |
| Taxes | 450/3 | €7,029 | €4,211 | -€2,818 | -40.1% |
| Remuneration and social security | 454/9 | €1,150 | - | -€1,150 | |
| Other amounts payable | 47/48 | €23,092 | €15,885 | -€7,208 | -31.2% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,359 | €2,245 | -€3,114 | -58.1% |
| Other operating charges | 640/8 | €820 | €848 | +€28 | +3.4% |
| Gross operating margin | 9900 | €28,653 | €12,949 | -€15,704 | -54.8% |
| Operating profit (loss) | 9901 | €22,474 | €9,856 | -€12,618 | -56.1% |
| Financial charges | 65/66B | €331 | €442 | +€111 | +33.4% |
| Recurring financial charges | 65 | €331 | €442 | +€111 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | €22,142 | €9,414 | -€12,729 | -57.5% |
| Income taxes | 67/77 | €1,465 | €1,958 | +€493 | +33.7% |
| Profit (loss) for the period | 9904 | €20,678 | €7,456 | -€13,222 | -63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,678 | €7,456 | -€13,222 | -63.9% |
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 19 October 2026 via checked.be.