BELGIAN TOUCH: 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.
BELGIAN TOUCH
Largest movements
- Intangible fixed assets -€25,000
no longer reported in 2025 (was €25,000)
- Receivables within one year -€19,761
down €19,761 (-27.9%), from €70,738 to €50,977
of which Trade receivables: -€18,435
- Cash -€17,317
down €17,317 (-81.8%), from €21,175 to €3,858
mainly Net result for the year (-€70,537) and Other debts (-€29,651)
- Profit (loss) carried forward -€70,637
down €70,637, from €42,974 to -€27,663
- Trade debts +€30,167
up €30,167 (+141.8%), from €21,272 to €51,439
- Other debts -€29,651
down €29,651 (-97.1%), from €30,543 to €892
- Contributions +€12,400
new in 2025: €12,400
- Tax, wage and social debts -€6,230
down €6,230 (-28.0%), from €22,224 to €15,994
- Gross operating margin -€69,067
down €69,067, from €38,827 to -€30,240
- Other operating charges +€40,487
up €40,487 (+8859.4%), from €457 to €40,944
- Staff costs -€22,063
down €22,063 (-99.9%), from €22,080 to €17
- Taxes -€8,600
down €8,600, from €6,744 to -€1,856
- Financial charges +€951
up €951 (+362.9%), from €262 to €1,213
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 | €117,684 | €55,348 | -€62,336 | -53.0% |
| Fixed assets | 21/28 | €25,623 | €513 | -€25,110 | -98.0% |
| Intangible fixed assets | 21 | €25,000 | - | -€25,000 | |
| Tangible fixed assets | 22/27 | €275 | €165 | -€110 | -40.0% |
| Furniture and vehicles | 24 | €275 | €165 | -€110 | -40.0% |
| Financial fixed assets | 28 | €348 | €348 | -€0 | -0.1% |
| Current assets | 29/58 | €92,061 | €54,835 | -€37,226 | -40.4% |
| Amounts receivable within one year | 40/41 | €70,738 | €50,977 | -€19,761 | -27.9% |
| Trade receivables | 40 | €69,412 | €50,977 | -€18,435 | -26.6% |
| Other amounts receivable | 41 | €1,326 | - | -€1,326 | |
| Cash at bank and in hand | 54/58 | €21,175 | €3,858 | -€17,317 | -81.8% |
| Deferred charges and accrued income | 490/1 | €148 | - | -€148 | |
| Total equity and liabilities | 10/49 | €117,684 | €55,348 | -€62,336 | -53.0% |
| Equity | 10/15 | €42,974 | -€15,263 | -€58,237 | |
| Contributions | 10/11 | - | €12,400 | +€12,400 | |
| Profit (loss) carried forward | 14 | €42,974 | -€27,663 | -€70,637 | |
| Amounts payable | 17/49 | €74,710 | €70,611 | -€4,099 | -5.5% |
| Amounts payable within one year | 42/48 | €74,710 | €68,326 | -€6,384 | -8.5% |
| Financial debts | 43 | €671 | - | -€671 | |
| Credit institutions | 430/8 | €671 | - | -€671 | |
| Trade debts | 44 | €21,272 | €51,439 | +€30,167 | +141.8% |
| Suppliers | 440/4 | €21,272 | €51,439 | +€30,167 | +141.8% |
| Taxes, remuneration and social security | 45 | €22,224 | €15,994 | -€6,230 | -28.0% |
| Taxes | 450/3 | €22,224 | €15,994 | -€6,230 | -28.0% |
| Other amounts payable | 47/48 | €30,543 | €892 | -€29,651 | -97.1% |
| Accrued charges and deferred income | 492/3 | - | €2,285 | +€2,285 | |
| Remuneration, social security and pensions | 62 | €22,080 | €17 | -€22,063 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55 | €110 | +€55 | +99.9% |
| Other operating charges | 640/8 | €457 | €40,944 | +€40,487 | +8859.4% |
| Gross operating margin | 9900 | €38,827 | -€30,240 | -€69,067 | |
| Operating profit (loss) | 9901 | €16,235 | -€71,311 | -€87,546 | |
| Financial income | 75/76B | €6 | €131 | +€125 | +2084.7% |
| Recurring financial income | 75 | €6 | €131 | +€125 | +2084.7% |
| Financial charges | 65/66B | €262 | €1,213 | +€951 | +362.9% |
| Recurring financial charges | 65 | €262 | €1,213 | +€951 | +362.9% |
| Profit (loss) for the period before taxes | 9903 | €15,979 | -€72,393 | -€88,372 | |
| Transfer to deferred taxes | 680 | €5 | - | -€5 | |
| Income taxes | 67/77 | €6,744 | -€1,856 | -€8,600 | |
| Profit (loss) for the period | 9904 | €9,230 | -€70,537 | -€79,767 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,230 | -€70,537 | -€79,767 |
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 6 October 2026 via checked.be.