BEYOND THE WALL: 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 WALL
Largest movements
- Cash -€8,309
no longer reported in 2025 (was €8,309)
mainly Net result for the year (-€7,531) and Investment in fixed assets (net) (-€2,852)
- Tangible fixed assets +€2,288
new in 2025: €2,288
- Receivables within one year -€1,526
down €1,526 (-47.2%), from €3,235 to €1,710
of which Trade receivables: -€1,873
- Profit (loss) carried forward -€7,531
down €7,531 (-79.8%), from -€9,432 to -€16,964
- Contributions +€1,860
up €1,860 (+10.0%), from €18,600 to €20,460
- Reserves -€1,860
no longer reported in 2025 (was €1,860)
- Short-term financial debts +€327
new in 2025: €327
- Trade debts -€179
no longer reported in 2025 (was €179)
- Gross operating margin -€4,731
down €4,731 (-308%), from -€1,535 to -€6,266
- Staff costs -€436
no longer reported in 2025 (was €436)
- Other operating charges +€434
up €434 (+789%), from €55 to €489
- Depreciation +€173
up €173 (+44.3%), from €391 to €564
- Financial charges -€132
down €132 (-38.3%), from €343 to €212
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 | €11,545 | €3,997 | -€7,547 | -65.4% |
| Fixed assets | 21/28 | - | €2,288 | +€2,288 | |
| Tangible fixed assets | 22/27 | - | €2,288 | +€2,288 | |
| Furniture and vehicles | 24 | - | €2,288 | +€2,288 | |
| Current assets | 29/58 | €11,545 | €1,710 | -€9,835 | -85.2% |
| Amounts receivable within one year | 40/41 | €3,235 | €1,710 | -€1,526 | -47.2% |
| Trade receivables | 40 | €2,500 | €627 | -€1,873 | -74.9% |
| Other amounts receivable | 41 | €735 | €1,083 | +€348 | +47.3% |
| Cash at bank and in hand | 54/58 | €8,309 | - | -€8,309 | |
| Total equity and liabilities | 10/49 | €11,545 | €3,997 | -€7,547 | -65.4% |
| Equity | 10/15 | €11,028 | €3,496 | -€7,531 | -68.3% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€9,432 | -€16,964 | -€7,531 | -79.8% |
| Amounts payable | 17/49 | €517 | €501 | -€16 | -3.1% |
| Amounts payable within one year | 42/48 | €517 | €501 | -€16 | -3.1% |
| Financial debts | 43 | - | €327 | +€327 | |
| Credit institutions | 430/8 | - | €327 | +€327 | |
| Trade debts | 44 | €179 | - | -€179 | |
| Suppliers | 440/4 | €179 | - | -€179 | |
| Other amounts payable | 47/48 | €338 | €174 | -€164 | -48.6% |
| Remuneration, social security and pensions | 62 | €436 | - | -€436 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €391 | €564 | +€173 | +44.3% |
| Other operating charges | 640/8 | €55 | €489 | +€434 | +789% |
| Gross operating margin | 9900 | -€1,535 | -€6,266 | -€4,731 | -308% |
| Operating profit (loss) | 9901 | -€2,417 | -€7,320 | -€4,903 | -203% |
| Financial charges | 65/66B | €343 | €212 | -€132 | -38.3% |
| Recurring financial charges | 65 | €343 | €212 | -€132 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,760 | -€7,531 | -€4,771 | -173% |
| Profit (loss) for the period | 9904 | -€2,760 | -€7,531 | -€4,771 | -173% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,760 | -€7,531 | -€4,771 | -173% |
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 15 October 2026 via checked.be.