Beyond the plateaus: 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.
Beyond the plateaus
Largest movements
- Cash -€1,760
down €1,760 (-58.9%), from €2,987 to €1,227
mainly Other debts (-€2,653) and Trade debts (-€207)
- Other debts -€2,653
down €2,653 (-6.7%), from €39,845 to €37,192
- Tax, wage and social debts +€601
up €601 (+537%), from €112 to €713
- Profit (loss) carried forward +€499
up €499 (+1.3%), from -€37,277 to -€36,778
- Trade debts -€207
no longer reported in 2025 (was €207)
- Gross operating margin +€37,766
up €37,766, from -€37,192 to €574
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 | €2,987 | €1,227 | -€1,760 | -58.9% |
| Current assets | 29/58 | €2,987 | €1,227 | -€1,760 | -58.9% |
| Cash at bank and in hand | 54/58 | €2,987 | €1,227 | -€1,760 | -58.9% |
| Total equity and liabilities | 10/49 | €2,987 | €1,227 | -€1,760 | -58.9% |
| Equity | 10/15 | -€37,177 | -€36,678 | +€499 | +1.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,277 | -€36,778 | +€499 | +1.3% |
| Amounts payable | 17/49 | €40,164 | €37,905 | -€2,259 | -5.6% |
| Amounts payable within one year | 42/48 | €40,164 | €37,905 | -€2,259 | -5.6% |
| Trade debts | 44 | €207 | - | -€207 | |
| Suppliers | 440/4 | €207 | - | -€207 | |
| Taxes, remuneration and social security | 45 | €112 | €713 | +€601 | +537% |
| Taxes | 450/3 | €112 | €713 | +€601 | +537% |
| Other amounts payable | 47/48 | €39,845 | €37,192 | -€2,653 | -6.7% |
| Gross operating margin | 9900 | -€37,192 | €574 | +€37,766 | |
| Operating profit (loss) | 9901 | -€37,192 | €574 | +€37,766 | |
| Financial charges | 65/66B | €85 | €75 | -€10 | -11.8% |
| Recurring financial charges | 65 | €85 | €75 | -€10 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | -€37,277 | €499 | +€37,776 | |
| Profit (loss) for the period | 9904 | -€37,277 | €499 | +€37,776 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,277 | €499 | +€37,776 |
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.