Balansvogel: 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.
Balansvogel
Largest movements
- Cash +€17,673
up €17,673 (+100%), from €17,612 to €35,284
mainly Depreciation (+€14,258) and Provisions (+€11,947)
- Tangible fixed assets -€12,914
down €12,914 (-27.2%), from €47,460 to €34,546
of which Furniture and vehicles: -€13,697
- Receivables within one year -€9,744
down €9,744 (-100%), from €9,744 to €0
- Other debts -€12,818
down €12,818 (-51.6%), from €24,857 to €12,039
- Provisions +€11,947
new in 2025: €11,947
- Debts after one year -€9,913
down €9,913 (-35.3%), from €28,053 to €18,140
- Tax, wage and social debts +€5,482
up €5,482 (+79.0%), from €6,941 to €12,424
- Trade debts -€1,485
down €1,485 (-91.6%), from €1,621 to €136
- Gross operating margin +€17,617
up €17,617 (+113%), from €15,545 to €33,162
- Provisions +€11,947
new in 2025: €11,947
- Depreciation +€5,241
up €5,241 (+58.1%), from €9,017 to €14,258
- Taxes +€3,167
up €3,167 (+186%), from €1,704 to €4,871
- Financial charges +€1,158
up €1,158 (+359%), from €323 to €1,481
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 | €75,727 | €70,534 | -€5,193 | -6.9% |
| Formation expenses | 20 | €252 | €0 | -€252 | -100% |
| Fixed assets | 21/28 | €47,460 | €34,546 | -€12,914 | -27.2% |
| Tangible fixed assets | 22/27 | €47,460 | €34,546 | -€12,914 | -27.2% |
| Furniture and vehicles | 24 | €46,345 | €32,648 | -€13,697 | -29.6% |
| Other tangible fixed assets | 26 | €1,115 | €1,898 | +€784 | +70.3% |
| Current assets | 29/58 | €28,016 | €35,988 | +€7,972 | +28.5% |
| Amounts receivable within one year | 40/41 | €9,744 | €0 | -€9,744 | -100% |
| Trade receivables | 40 | €9,744 | €0 | -€9,744 | -100% |
| Cash at bank and in hand | 54/58 | €17,612 | €35,284 | +€17,673 | +100% |
| Deferred charges and accrued income | 490/1 | €660 | €703 | +€44 | +6.6% |
| Total equity and liabilities | 10/49 | €75,727 | €70,534 | -€5,193 | -6.9% |
| Equity | 10/15 | €4,659 | €4,732 | +€74 | +1.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €3,159 | €3,232 | +€74 | +2.3% |
| Distributable reserves | 133 | €3,159 | €3,232 | +€74 | +2.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €11,947 | +€11,947 | |
| Provisions for liabilities and charges | 160/5 | - | €11,947 | +€11,947 | |
| Other liabilities and charges | 164/5 | - | €11,947 | +€11,947 | |
| Amounts payable | 17/49 | €71,069 | €53,855 | -€17,214 | -24.2% |
| Amounts payable after more than one year | 17 | €28,053 | €18,140 | -€9,913 | -35.3% |
| Financial debts | 170/4 | €28,053 | €18,140 | -€9,913 | -35.3% |
| Amounts payable within one year | 42/48 | €43,016 | €35,385 | -€7,631 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €9,596 | €9,913 | +€317 | +3.3% |
| Financial debts | 43 | - | €873 | +€873 | |
| Credit institutions | 430/8 | - | €873 | +€873 | |
| Trade debts | 44 | €1,621 | €136 | -€1,485 | -91.6% |
| Suppliers | 440/4 | €1,621 | €136 | -€1,485 | -91.6% |
| Taxes, remuneration and social security | 45 | €6,941 | €12,424 | +€5,482 | +79.0% |
| Taxes | 450/3 | €6,941 | €12,424 | +€5,482 | +79.0% |
| Other amounts payable | 47/48 | €24,857 | €12,039 | -€12,818 | -51.6% |
| Accrued charges and deferred income | 492/3 | - | €330 | +€330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,017 | €14,258 | +€5,241 | +58.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €11,947 | +€11,947 | |
| Other operating charges | 640/8 | €489 | €531 | +€43 | +8.8% |
| Gross operating margin | 9900 | €15,545 | €33,162 | +€17,617 | +113% |
| Operating profit (loss) | 9901 | €6,040 | €6,426 | +€386 | +6.4% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €323 | €1,481 | +€1,158 | +359% |
| Recurring financial charges | 65 | €323 | €1,481 | +€1,158 | +359% |
| Profit (loss) for the period before taxes | 9903 | €5,722 | €4,945 | -€777 | -13.6% |
| Income taxes | 67/77 | €1,704 | €4,871 | +€3,167 | +186% |
| Profit (loss) for the period | 9904 | €4,018 | €74 | -€3,944 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,018 | €74 | -€3,944 | -98.2% |
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 22 October 2026 via checked.be.