BALANS: 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.
BALANS
Largest movements
- Receivables within one year +€7,911
up €7,911 (+55.9%), from €14,157 to €22,068
of which Other amounts receivable: +€7,911
- Cash -€3,483
down €3,483 (-99.3%), from €3,508 to €25
mainly Receivables within one year (-€7,911) and Trade debts (-€3,902)
- Tangible fixed assets -€3,356
down €3,356 (-59.5%), from €5,637 to €2,281
of which Furniture and vehicles: -€3,356
- Deferred charges and accrued income -€272
down €272 (-36.1%), from €754 to €482
- Tax, wage and social debts +€4,288
up €4,288 (+131%), from €3,283 to €7,572
- Trade debts -€3,902
down €3,902 (-84.7%), from €4,604 to €702
- Reserves +€414
up €414 (+2.8%), from €14,968 to €15,382
- Gross operating margin -€3,750
down €3,750 (-32.3%), from €11,615 to €7,865
- Depreciation +€2,048
up €2,048 (+157%), from €1,308 to €3,356
- Taxes +€993
up €993 (+30.1%), from €3,295 to €4,288
- Financial income +€228
up €228 (+21.2%), from €1,075 to €1,302
- Other operating charges -€132
down €132 (-11.6%), from €1,135 to €1,002
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 | €24,356 | €25,156 | +€800 | +3.3% |
| Fixed assets | 21/28 | €5,937 | €2,581 | -€3,356 | -56.5% |
| Tangible fixed assets | 22/27 | €5,637 | €2,281 | -€3,356 | -59.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €5,637 | €2,281 | -€3,356 | -59.5% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €18,419 | €22,575 | +€4,156 | +22.6% |
| Amounts receivable within one year | 40/41 | €14,157 | €22,068 | +€7,911 | +55.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €14,157 | €22,068 | +€7,911 | +55.9% |
| Cash at bank and in hand | 54/58 | €3,508 | €25 | -€3,483 | -99.3% |
| Deferred charges and accrued income | 490/1 | €754 | €482 | -€272 | -36.1% |
| Total equity and liabilities | 10/49 | €24,356 | €25,156 | +€800 | +3.3% |
| Equity | 10/15 | €16,468 | €16,882 | +€414 | +2.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €14,968 | €15,382 | +€414 | +2.8% |
| Distributable reserves | 133 | €14,968 | €15,382 | +€414 | +2.8% |
| Amounts payable | 17/49 | €7,888 | €8,274 | +€386 | +4.9% |
| Amounts payable within one year | 42/48 | €7,888 | €8,274 | +€386 | +4.9% |
| Trade debts | 44 | €4,604 | €702 | -€3,902 | -84.7% |
| Suppliers | 440/4 | €4,604 | €702 | -€3,902 | -84.7% |
| Taxes, remuneration and social security | 45 | €3,283 | €7,572 | +€4,288 | +131% |
| Taxes | 450/3 | €3,283 | €7,572 | +€4,288 | +131% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,308 | €3,356 | +€2,048 | +157% |
| Other operating charges | 640/8 | €1,135 | €1,002 | -€132 | -11.6% |
| Gross operating margin | 9900 | €11,615 | €7,865 | -€3,750 | -32.3% |
| Operating profit (loss) | 9901 | €9,172 | €3,506 | -€5,666 | -61.8% |
| Financial income | 75/76B | €1,075 | €1,302 | +€228 | +21.2% |
| Recurring financial income | 75 | €1,075 | €1,302 | +€228 | +21.2% |
| Financial charges | 65/66B | €163 | €107 | -€56 | -34.4% |
| Recurring financial charges | 65 | €163 | €107 | -€56 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | €10,084 | €4,702 | -€5,383 | -53.4% |
| Income taxes | 67/77 | €3,295 | €4,288 | +€993 | +30.1% |
| Profit (loss) for the period | 9904 | €6,789 | €414 | -€6,375 | -93.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,789 | €414 | -€6,375 | -93.9% |
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 14 October 2026 via checked.be.