Big Idea: 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.
Big Idea
Largest movements
- Cash +€12,966
up €12,966 (+371.1%), from €3,494 to €16,459
mainly Debts within one year (+€29,719) and Depreciation (+€298)
- Receivables within one year +€1,058
up €1,058 (+28.9%), from €3,665 to €4,724
of which Other amounts receivable: +€2,150
- Deferred charges and accrued income +€390
up €390 (+45.8%), from €850 to €1,239
- Tangible fixed assets -€298
down €298 (-24.4%), from €1,219 to €921
- Debts within one year +€29,719
up €29,719 (+48.6%), from €61,112 to €90,831
of which Short-term financial debts: +€15,412
- Profit (loss) carried forward -€16,048
down €16,048 (-30.8%), from -€52,103 to -€68,151
- Accrued charges and deferred income +€297
up €297 (+20.1%), from €1,477 to €1,773
- Gross operating margin +€1,687
up €1,687 (+12.6%), from -€13,380 to -€11,693
- Financial charges -€1,358
down €1,358 (-29.8%), from €4,555 to €3,196
- Other operating charges +€933
up €933, from €0 to €933
- Staff costs -€410
down €410, from €337 to -€73
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 | €10,485 | €24,454 | +€13,968 | +133.2% |
| Fixed assets | 21/28 | €1,219 | €921 | -€298 | -24.4% |
| Tangible fixed assets | 22/27 | €1,219 | €921 | -€298 | -24.4% |
| Plant, machinery and equipment | 23 | €1,219 | €921 | -€298 | -24.4% |
| Current assets | 29/58 | €9,266 | €23,533 | +€14,266 | +154.0% |
| Stocks and contracts in progress | 3 | €1,257 | €1,110 | -€147 | -11.7% |
| Stocks | 30/36 | €1,257 | €1,110 | -€147 | -11.7% |
| Amounts receivable within one year | 40/41 | €3,665 | €4,724 | +€1,058 | +28.9% |
| Trade receivables | 40 | €3,217 | €2,126 | -€1,092 | -33.9% |
| Other amounts receivable | 41 | €448 | €2,598 | +€2,150 | +479.9% |
| Cash at bank and in hand | 54/58 | €3,494 | €16,459 | +€12,966 | +371.1% |
| Deferred charges and accrued income | 490/1 | €850 | €1,239 | +€390 | +45.8% |
| Total equity and liabilities | 10/49 | €10,485 | €24,454 | +€13,968 | +133.2% |
| Equity | 10/15 | -€52,103 | -€68,151 | -€16,048 | -30.8% |
| Profit (loss) carried forward | 14 | -€52,103 | -€68,151 | -€16,048 | -30.8% |
| Amounts payable | 17/49 | €62,589 | €92,604 | +€30,016 | +48.0% |
| Amounts payable within one year | 42/48 | €61,112 | €90,831 | +€29,719 | +48.6% |
| Financial debts | 43 | €7,339 | €22,752 | +€15,412 | +210.0% |
| Credit institutions | 430/8 | €7,339 | €22,752 | +€15,412 | +210.0% |
| Trade debts | 44 | €2,063 | €10,405 | +€8,341 | +404.3% |
| Suppliers | 440/4 | €2,063 | €10,405 | +€8,341 | +404.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €9 | €9 | = | 0.0% |
| Taxes | 450/3 | €9 | €9 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,477 | €1,773 | +€297 | +20.1% |
| Remuneration, social security and pensions | 62 | €337 | -€73 | -€410 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €271 | €298 | +€27 | +9.9% |
| Other operating charges | 640/8 | €0 | €933 | +€933 | |
| Gross operating margin | 9900 | -€13,380 | -€11,693 | +€1,687 | +12.6% |
| Operating profit (loss) | 9901 | -€13,988 | -€12,851 | +€1,137 | +8.1% |
| Financial income | 75/76B | €59 | €0 | -€59 | -99.9% |
| Recurring financial income | 75 | €59 | €0 | -€59 | -99.9% |
| Financial charges | 65/66B | €4,555 | €3,196 | -€1,358 | -29.8% |
| Recurring financial charges | 65 | €4,555 | €3,196 | -€1,358 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,484 | -€16,048 | +€2,437 | +13.2% |
| Profit (loss) for the period | 9904 | -€18,484 | -€16,048 | +€2,437 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,484 | -€16,048 | +€2,437 | +13.2% |
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 1 October 2026 via checked.be.