Bar çava: 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.
Bar çava
Largest movements
- Cash -€31,875
down €31,875 (-80.6%), from €39,556 to €7,681
mainly Deferred charges and accrued income (-€13,875) and Trade debts (-€13,190)
- Deferred charges and accrued income +€13,875
up €13,875 (+539.7%), from €2,571 to €16,446
- Tangible fixed assets -€6,993
down €6,993 (-28.4%), from €24,582 to €17,589
of which Furniture and vehicles: -€5,223
- Receivables within one year +€4,708
up €4,708 (+119.1%), from €3,954 to €8,662
of which Trade receivables: +€6,340
- Intangible fixed assets -€1,452
down €1,452 (-11.6%), from €12,477 to €11,025
- Trade debts -€13,190
down €13,190 (-44.5%), from €29,658 to €16,468
- Profit (loss) carried forward -€3,460
down €3,460 (-16.1%), from €21,506 to €18,045
- Debts after one year -€3,054
down €3,054 (-35.0%), from €8,733 to €5,679
- Other debts -€2,486
down €2,486 (-20.3%), from €12,221 to €9,735
- Tax, wage and social debts +€1,909
up €1,909 (+166.5%), from €1,146 to €3,055
of which Remuneration and social security: +€1,909
- Gross operating margin -€33,140
down €33,140 (-71.0%), from €46,665 to €13,524
- Taxes -€5,655
down €5,655 (-100.0%), from €5,655 to €0
- Depreciation -€1,394
down €1,394 (-10.5%), from €13,234 to €11,840
- Financial charges -€1,037
down €1,037 (-29.6%), from €3,497 to €2,460
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 | €88,675 | €67,180 | -€21,495 | -24.2% |
| Formation expenses | 20 | €700 | €505 | -€195 | -27.9% |
| Fixed assets | 21/28 | €40,659 | €32,214 | -€8,445 | -20.8% |
| Intangible fixed assets | 21 | €12,477 | €11,025 | -€1,452 | -11.6% |
| Tangible fixed assets | 22/27 | €24,582 | €17,589 | -€6,993 | -28.4% |
| Plant, machinery and equipment | 23 | €13,058 | €11,288 | -€1,770 | -13.6% |
| Furniture and vehicles | 24 | €11,524 | €6,301 | -€5,223 | -45.3% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €47,316 | €34,462 | -€12,854 | -27.2% |
| Stocks and contracts in progress | 3 | €1,235 | €1,673 | +€438 | +35.4% |
| Stocks | 30/36 | €1,235 | €1,673 | +€438 | +35.4% |
| Amounts receivable within one year | 40/41 | €3,954 | €8,662 | +€4,708 | +119.1% |
| Trade receivables | 40 | €69 | €6,409 | +€6,340 | +9188.3% |
| Other amounts receivable | 41 | €3,885 | €2,253 | -€1,632 | -42.0% |
| Cash at bank and in hand | 54/58 | €39,556 | €7,681 | -€31,875 | -80.6% |
| Deferred charges and accrued income | 490/1 | €2,571 | €16,446 | +€13,875 | +539.7% |
| Total equity and liabilities | 10/49 | €88,675 | €67,180 | -€21,495 | -24.2% |
| Equity | 10/15 | €31,506 | €28,045 | -€3,460 | -11.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,506 | €18,045 | -€3,460 | -16.1% |
| Amounts payable | 17/49 | €57,169 | €39,135 | -€18,034 | -31.5% |
| Amounts payable after more than one year | 17 | €8,733 | €5,679 | -€3,054 | -35.0% |
| Financial debts | 170/4 | €8,733 | €5,679 | -€3,054 | -35.0% |
| Amounts payable within one year | 42/48 | €45,947 | €32,311 | -€13,636 | -29.7% |
| Current portion of amounts payable after more than one year | 42 | €2,922 | €3,054 | +€132 | +4.5% |
| Trade debts | 44 | €29,658 | €16,468 | -€13,190 | -44.5% |
| Suppliers | 440/4 | €29,658 | €16,468 | -€13,190 | -44.5% |
| Taxes, remuneration and social security | 45 | €1,146 | €3,055 | +€1,909 | +166.5% |
| Taxes | 450/3 | €1,146 | €1,146 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €1,909 | +€1,909 | |
| Other amounts payable | 47/48 | €12,221 | €9,735 | -€2,486 | -20.3% |
| Accrued charges and deferred income | 492/3 | €2,489 | €1,145 | -€1,344 | -54.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,234 | €11,840 | -€1,394 | -10.5% |
| Other operating charges | 640/8 | €2,932 | €2,814 | -€118 | -4.0% |
| Gross operating margin | 9900 | €46,665 | €13,524 | -€33,140 | -71.0% |
| Operating profit (loss) | 9901 | €30,499 | -€1,129 | -€31,629 | |
| Financial income | 75/76B | €158 | €130 | -€29 | -18.2% |
| Recurring financial income | 75 | €158 | €130 | -€29 | -18.2% |
| Financial charges | 65/66B | €3,497 | €2,460 | -€1,037 | -29.6% |
| Recurring financial charges | 65 | €3,497 | €2,460 | -€1,037 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €27,160 | -€3,460 | -€30,621 | |
| Income taxes | 67/77 | €5,655 | €0 | -€5,655 | -100.0% |
| Profit (loss) for the period | 9904 | €21,506 | -€3,460 | -€24,966 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,506 | -€3,460 | -€24,966 |
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 2 October 2026 via checked.be.