BASIC: 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.
BASIC
Largest movements
- Cash -€41,776
down €41,776 (-63.6%), from €65,645 to €23,869
mainly Deferred charges and accrued income (-€28,156) and Debts after one year (-€16,117)
- Deferred charges and accrued income +€28,156
up €28,156 (+153%), from €18,414 to €46,570
- Receivables within one year +€16,025
up €16,025 (+131%), from €12,236 to €28,261
of which Trade receivables: +€16,441
- Tangible fixed assets -€10,323
down €10,323 (-31.9%), from €32,358 to €22,035
of which Land and buildings: -€8,059
- Debts after one year -€16,117
down €16,117 (-28.6%), from €56,409 to €40,292
- Profit (loss) carried forward +€11,489
up €11,489 (+42.9%), from €26,766 to €38,255
- Tax, wage and social debts -€8,459
down €8,459 (-53.4%), from €15,848 to €7,389
of which Taxes: -€11,409
- Trade debts +€3,567
up €3,567 (+799%), from €447 to €4,013
- Other debts +€1,601
up €1,601 (+102%), from €1,566 to €3,168
- Gross operating margin -€18,652
down €18,652 (-27.8%), from €67,019 to €48,367
- Taxes -€3,428
down €3,428 (-37.3%), from €9,189 to €5,761
- Other operating charges -€1,995
down €1,995 (-37.1%), from €5,380 to €3,386
- Staff costs -€1,818
down €1,818 (-12.4%), from €14,680 to €12,862
- Depreciation +€1,489
up €1,489 (+14.5%), from €10,237 to €11,725
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 | €135,753 | €127,835 | -€7,918 | -5.8% |
| Fixed assets | 21/28 | €39,458 | €29,135 | -€10,323 | -26.2% |
| Tangible fixed assets | 22/27 | €32,358 | €22,035 | -€10,323 | -31.9% |
| Land and buildings | 22 | €24,176 | €16,117 | -€8,059 | -33.3% |
| Plant, machinery and equipment | 23 | €1,421 | €645 | -€777 | -54.6% |
| Furniture and vehicles | 24 | €6,761 | €5,273 | -€1,488 | -22.0% |
| Financial fixed assets | 28 | €7,100 | €7,100 | = | 0.0% |
| Current assets | 29/58 | €96,295 | €98,700 | +€2,405 | +2.5% |
| Amounts receivable within one year | 40/41 | €12,236 | €28,261 | +€16,025 | +131% |
| Trade receivables | 40 | €7,109 | €23,550 | +€16,441 | +231% |
| Other amounts receivable | 41 | €5,127 | €4,711 | -€416 | -8.1% |
| Cash at bank and in hand | 54/58 | €65,645 | €23,869 | -€41,776 | -63.6% |
| Deferred charges and accrued income | 490/1 | €18,414 | €46,570 | +€28,156 | +153% |
| Total equity and liabilities | 10/49 | €135,753 | €127,835 | -€7,918 | -5.8% |
| Equity | 10/15 | €45,366 | €56,855 | +€11,489 | +25.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,766 | €38,255 | +€11,489 | +42.9% |
| Amounts payable | 17/49 | €90,386 | €70,979 | -€19,407 | -21.5% |
| Amounts payable after more than one year | 17 | €56,409 | €40,292 | -€16,117 | -28.6% |
| Financial debts | 170/4 | €56,409 | €40,292 | -€16,117 | -28.6% |
| Amounts payable within one year | 42/48 | €33,978 | €30,687 | -€3,290 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €16,117 | €16,117 | = | 0.0% |
| Trade debts | 44 | €447 | €4,013 | +€3,567 | +799% |
| Suppliers | 440/4 | €447 | €4,013 | +€3,567 | +799% |
| Taxes, remuneration and social security | 45 | €15,848 | €7,389 | -€8,459 | -53.4% |
| Taxes | 450/3 | €15,848 | €4,439 | -€11,409 | -72.0% |
| Remuneration and social security | 454/9 | - | €2,950 | +€2,950 | |
| Other amounts payable | 47/48 | €1,566 | €3,168 | +€1,601 | +102% |
| Non-recurring operating income | 76A | €7,025 | - | -€7,025 | |
| Remuneration, social security and pensions | 62 | €14,680 | €12,862 | -€1,818 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,237 | €11,725 | +€1,489 | +14.5% |
| Other operating charges | 640/8 | €5,380 | €3,386 | -€1,995 | -37.1% |
| Gross operating margin | 9900 | €67,019 | €48,367 | -€18,652 | -27.8% |
| Operating profit (loss) | 9901 | €36,722 | €20,394 | -€16,328 | -44.5% |
| Financial income | 75/76B | €292 | €211 | -€81 | -27.7% |
| Recurring financial income | 75 | €292 | €211 | -€81 | -27.7% |
| Financial charges | 65/66B | €4,033 | €3,356 | -€677 | -16.8% |
| Recurring financial charges | 65 | €4,033 | €3,356 | -€677 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €32,982 | €17,250 | -€15,732 | -47.7% |
| Income taxes | 67/77 | €9,189 | €5,761 | -€3,428 | -37.3% |
| Profit (loss) for the period | 9904 | €23,794 | €11,489 | -€12,305 | -51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,794 | €11,489 | -€12,305 | -51.7% |
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 23 October 2026 via checked.be.