Bespoke: 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.
Bespoke
Largest movements
- Cash -€17,990
down €17,990 (-20.7%), from €86,714 to €68,724
mainly Receivables within one year (-€15,006) and Tax, wage and social debts (-€11,371)
- Receivables within one year +€15,006
up €15,006 (+81.5%), from €18,415 to €33,420
of which Trade receivables: +€21,538
- Deferred charges and accrued income +€9,543
up €9,543 (+439.8%), from €2,170 to €11,713
- Profit (loss) carried forward +€11,807
up €11,807 (+16.2%), from -€72,792 to -€60,985
- Tax, wage and social debts -€11,371
down €11,371 (-53.1%), from €21,420 to €10,049
- Accrued charges and deferred income +€3,277
up €3,277 (+119.0%), from €2,753 to €6,031
- Other debts +€2,948
up €2,948 (+24.7%), from €11,959 to €14,908
- Trade debts -€1,169
down €1,169 (-15.2%), from €7,689 to €6,520
- Write-downs -€52,860
down €52,860 (-100.0%), from €52,860 to €0
- Gross operating margin +€29,123
up €29,123, from -€814 to €28,309
- Other operating charges -€3,005
down €3,005 (-17.3%), from €17,354 to €14,349
- Financial charges +€703
up €703 (+245.4%), from €286 to €989
- Taxes -€682
down €682 (-87.5%), from €780 to €98
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 | €109,908 | €115,400 | +€5,492 | +5.0% |
| Fixed assets | 21/28 | €2,609 | €1,542 | -€1,067 | -40.9% |
| Tangible fixed assets | 22/27 | €2,609 | €1,542 | -€1,067 | -40.9% |
| Furniture and vehicles | 24 | €2,609 | €1,542 | -€1,067 | -40.9% |
| Current assets | 29/58 | €107,298 | €113,858 | +€6,560 | +6.1% |
| Amounts receivable within one year | 40/41 | €18,415 | €33,420 | +€15,006 | +81.5% |
| Trade receivables | 40 | €2,662 | €24,200 | +€21,538 | +809.1% |
| Other amounts receivable | 41 | €15,753 | €9,220 | -€6,532 | -41.5% |
| Cash at bank and in hand | 54/58 | €86,714 | €68,724 | -€17,990 | -20.7% |
| Deferred charges and accrued income | 490/1 | €2,170 | €11,713 | +€9,543 | +439.8% |
| Total equity and liabilities | 10/49 | €109,908 | €115,400 | +€5,492 | +5.0% |
| Equity | 10/15 | €66,086 | €77,893 | +€11,807 | +17.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €136,377 | €136,377 | = | 0.0% |
| Distributable reserves | 133 | €136,377 | €136,377 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,792 | -€60,985 | +€11,807 | +16.2% |
| Amounts payable | 17/49 | €43,822 | €37,507 | -€6,315 | -14.4% |
| Amounts payable within one year | 42/48 | €41,069 | €31,477 | -€9,592 | -23.4% |
| Trade debts | 44 | €7,689 | €6,520 | -€1,169 | -15.2% |
| Suppliers | 440/4 | €7,689 | €6,520 | -€1,169 | -15.2% |
| Taxes, remuneration and social security | 45 | €21,420 | €10,049 | -€11,371 | -53.1% |
| Taxes | 450/3 | €21,420 | €10,049 | -€11,371 | -53.1% |
| Other amounts payable | 47/48 | €11,959 | €14,908 | +€2,948 | +24.7% |
| Accrued charges and deferred income | 492/3 | €2,753 | €6,031 | +€3,277 | +119.0% |
| Non-recurring operating income | 76A | - | €8,565 | +€8,565 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €698 | €1,067 | +€369 | +52.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €52,860 | €0 | -€52,860 | -100.0% |
| Other operating charges | 640/8 | €17,354 | €14,349 | -€3,005 | -17.3% |
| Gross operating margin | 9900 | -€814 | €28,309 | +€29,123 | |
| Operating profit (loss) | 9901 | -€71,726 | €12,893 | +€84,619 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €286 | €989 | +€703 | +245.4% |
| Recurring financial charges | 65 | €286 | €989 | +€703 | +245.4% |
| Profit (loss) for the period before taxes | 9903 | -€72,012 | €11,905 | +€83,917 | |
| Income taxes | 67/77 | €780 | €98 | -€682 | -87.5% |
| Profit (loss) for the period | 9904 | -€72,792 | €11,807 | +€84,599 | |
| Profit (loss) for the period to be appropriated | 9905 | -€72,792 | €11,807 | +€84,599 |
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 11 October 2026 via checked.be.