Bar 2571: 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.
Bar 2571
Largest movements
- Receivables within one year -€75,078
down €75,078 (-80.8%), from €92,967 to €17,889
- Tangible fixed assets -€8,670
down €8,670 (-23.6%), from €36,716 to €28,046
of which Plant, machinery and equipment: -€4,970
- Cash -€5,000
down €5,000 (-7.9%), from €63,151 to €58,150
mainly Trade debts (-€80,535) and Net result for the year (-€19,279)
- Intangible fixed assets -€3,300
down €3,300 (-10.8%), from €30,588 to €27,288
- Deferred charges and accrued income -€2,648
down €2,648 (-87.5%), from €3,027 to €379
- Trade debts -€80,535
down €80,535 (-83.3%), from €96,655 to €16,119
- Reserves -€19,131
down €19,131 (-100%), from €19,131 to €0
- Tax, wage and social debts +€2,816
up €2,816 (+22.8%), from €12,343 to €15,158
of which Remuneration and social security: +€1,746
- Gross operating margin -€27,426
down €27,426 (-49.6%), from €55,337 to €27,911
- Staff costs +€9,363
up €9,363 (+44.5%), from €21,056 to €30,419
- Taxes -€4,670
down €4,670 (-100%), from €4,670 to €0
- Depreciation +€3,212
up €3,212 (+36.7%), from €8,757 to €11,970
- Financial charges +€2,517
up €2,517 (+225%), from €1,120 to €3,637
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 | €231,596 | €135,140 | -€96,456 | -41.6% |
| Fixed assets | 21/28 | €67,304 | €55,335 | -€11,970 | -17.8% |
| Intangible fixed assets | 21 | €30,588 | €27,288 | -€3,300 | -10.8% |
| Tangible fixed assets | 22/27 | €36,716 | €28,046 | -€8,670 | -23.6% |
| Plant, machinery and equipment | 23 | €20,920 | €15,950 | -€4,970 | -23.8% |
| Furniture and vehicles | 24 | €15,796 | €12,096 | -€3,700 | -23.4% |
| Current assets | 29/58 | €164,292 | €79,805 | -€84,487 | -51.4% |
| Stocks and contracts in progress | 3 | €5,147 | €3,386 | -€1,761 | -34.2% |
| Stocks | 30/36 | €5,147 | €3,386 | -€1,761 | -34.2% |
| Amounts receivable within one year | 40/41 | €92,967 | €17,889 | -€75,078 | -80.8% |
| Trade receivables | 40 | €92,967 | €17,889 | -€75,078 | -80.8% |
| Cash at bank and in hand | 54/58 | €63,151 | €58,150 | -€5,000 | -7.9% |
| Deferred charges and accrued income | 490/1 | €3,027 | €379 | -€2,648 | -87.5% |
| Total equity and liabilities | 10/49 | €231,596 | €135,140 | -€96,456 | -41.6% |
| Equity | 10/15 | €39,131 | €19,851 | -€19,279 | -49.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €19,131 | €0 | -€19,131 | -100% |
| Distributable reserves | 133 | €19,131 | €0 | -€19,131 | -100% |
| Profit (loss) carried forward | 14 | - | -€149 | -€149 | |
| Amounts payable | 17/49 | €192,465 | €115,288 | -€77,177 | -40.1% |
| Amounts payable after more than one year | 17 | €70,000 | €70,000 | = | 0.0% |
| Financial debts | 170/4 | €70,000 | €70,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €122,140 | €45,288 | -€76,851 | -62.9% |
| Trade debts | 44 | €96,655 | €16,119 | -€80,535 | -83.3% |
| Suppliers | 440/4 | €96,655 | €16,119 | -€80,535 | -83.3% |
| Advances received on contracts in progress | 46 | - | €398 | +€398 | |
| Taxes, remuneration and social security | 45 | €12,343 | €15,158 | +€2,816 | +22.8% |
| Taxes | 450/3 | €10,182 | €11,251 | +€1,070 | +10.5% |
| Remuneration and social security | 454/9 | €2,161 | €3,907 | +€1,746 | +80.8% |
| Other amounts payable | 47/48 | €13,142 | €13,613 | +€471 | +3.6% |
| Accrued charges and deferred income | 492/3 | €326 | €0 | -€326 | -100% |
| Remuneration, social security and pensions | 62 | €21,056 | €30,419 | +€9,363 | +44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,757 | €11,970 | +€3,212 | +36.7% |
| Other operating charges | 640/8 | €612 | €1,262 | +€650 | +106% |
| Gross operating margin | 9900 | €55,337 | €27,911 | -€27,426 | -49.6% |
| Operating profit (loss) | 9901 | €24,911 | -€15,739 | -€40,650 | |
| Financial income | 75/76B | €9 | €97 | +€87 | +923% |
| Recurring financial income | 75 | €9 | €97 | +€87 | +923% |
| Financial charges | 65/66B | €1,120 | €3,637 | +€2,517 | +225% |
| Recurring financial charges | 65 | €1,120 | €3,637 | +€2,517 | +225% |
| Profit (loss) for the period before taxes | 9903 | €23,801 | -€19,279 | -€43,080 | |
| Income taxes | 67/77 | €4,670 | €0 | -€4,670 | -100% |
| Profit (loss) for the period | 9904 | €19,131 | -€19,279 | -€38,410 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,131 | -€19,279 | -€38,410 |
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.