BEHIND THE WHEEL: 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.
BEHIND THE WHEEL
Largest movements
- Receivables within one year -€4,915
down €4,915 (-98.5%), from €4,990 to €74
of which Other amounts receivable: -€4,915
- Profit (loss) carried forward -€13,435
down €13,435 (-59.7%), from -€22,486 to -€35,920
- Accrued charges and deferred income +€6,000
up €6,000 (+74.1%), from €8,100 to €14,100
- Other operating charges -€2,006
down €2,006 (-47.0%), from €4,272 to €2,266
- Gross operating margin -€316
down €316 (-3.0%), from -€10,618 to -€10,934
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 | €412,888 | €406,815 | -€6,073 | -1.5% |
| Current assets | 29/58 | €412,888 | €406,815 | -€6,073 | -1.5% |
| Stocks and contracts in progress | 3 | €390,260 | €390,260 | = | 0.0% |
| Stocks | 30/36 | €390,260 | €390,260 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,990 | €74 | -€4,915 | -98.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €4,990 | €74 | -€4,915 | -98.5% |
| Cash at bank and in hand | 54/58 | €16,049 | €15,943 | -€107 | -0.7% |
| Deferred charges and accrued income | 490/1 | €1,589 | €538 | -€1,051 | -66.1% |
| Total equity and liabilities | 10/49 | €412,888 | €406,815 | -€6,073 | -1.5% |
| Equity | 10/15 | €397,514 | €384,080 | -€13,435 | -3.4% |
| Contributions | 10/11 | €420,000 | €420,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,486 | -€35,920 | -€13,435 | -59.7% |
| Amounts payable | 17/49 | €15,374 | €22,735 | +€7,362 | +47.9% |
| Amounts payable within one year | 42/48 | €7,274 | €8,635 | +€1,362 | +18.7% |
| Trade debts | 44 | €7,274 | €8,635 | +€1,362 | +18.7% |
| Suppliers | 440/4 | €7,274 | €8,635 | +€1,362 | +18.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €8,100 | €14,100 | +€6,000 | +74.1% |
| Other operating charges | 640/8 | €4,272 | €2,266 | -€2,006 | -47.0% |
| Gross operating margin | 9900 | -€10,618 | -€10,934 | -€316 | -3.0% |
| Operating profit (loss) | 9901 | -€14,889 | -€13,200 | +€1,689 | +11.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €230 | €235 | +€5 | +2.0% |
| Recurring financial charges | 65 | €230 | €235 | +€5 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,119 | -€13,435 | +€1,685 | +11.1% |
| Profit (loss) for the period | 9904 | -€15,119 | -€13,435 | +€1,685 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,119 | -€13,435 | +€1,685 | +11.1% |
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 13 October 2026 via checked.be.