BL 26: 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.
BL 26
Largest movements
- Tangible fixed assets -€2,423
down €2,423 (-5.9%), from €41,012 to €38,589
- Cash -€2,043
down €2,043 (-19.2%), from €10,630 to €8,587
mainly Net result for the year (-€4,243) and Receivables within one year (-€1,612)
- Receivables within one year +€1,612
up €1,612 (+64.5%), from €2,500 to €4,112
- Profit (loss) carried forward -€4,243
down €4,243 (-25.9%), from -€16,350 to -€20,592
- Trade debts +€1,789
up €1,789 (+616.2%), from €290 to €2,080
- Debts after one year +€1,000
up €1,000 (+1.5%), from €67,528 to €68,528
- Other debts -€1,000
no longer reported in 2025 (was €1,000)
- Gross operating margin +€1,334
up €1,334 (+76.0%), from -€1,755 to -€422
- Other operating charges +€499
up €499 (+51.4%), from €971 to €1,471
- Financial income -€107
down €107 (-59.7%), from €179 to €72
- Depreciation -€20
down €20 (-0.8%), from €2,443 to €2,423
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 | €54,141 | €51,288 | -€2,853 | -5.3% |
| Fixed assets | 21/28 | €41,012 | €38,589 | -€2,423 | -5.9% |
| Tangible fixed assets | 22/27 | €41,012 | €38,589 | -€2,423 | -5.9% |
| Land and buildings | 22 | €41,012 | €38,589 | -€2,423 | -5.9% |
| Current assets | 29/58 | €13,130 | €12,699 | -€431 | -3.3% |
| Amounts receivable within one year | 40/41 | €2,500 | €4,112 | +€1,612 | +64.5% |
| Trade receivables | 40 | €2,500 | €4,112 | +€1,612 | +64.5% |
| Cash at bank and in hand | 54/58 | €10,630 | €8,587 | -€2,043 | -19.2% |
| Total equity and liabilities | 10/49 | €54,141 | €51,288 | -€2,853 | -5.3% |
| Equity | 10/15 | -€16,250 | -€20,492 | -€4,243 | -26.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,350 | -€20,592 | -€4,243 | -25.9% |
| Amounts payable | 17/49 | €70,391 | €71,781 | +€1,389 | +2.0% |
| Amounts payable after more than one year | 17 | €67,528 | €68,528 | +€1,000 | +1.5% |
| Other amounts payable | 178/9 | €67,528 | €68,528 | +€1,000 | +1.5% |
| Amounts payable within one year | 42/48 | €1,290 | €2,080 | +€789 | +61.2% |
| Trade debts | 44 | €290 | €2,080 | +€1,789 | +616.2% |
| Suppliers | 440/4 | €290 | €2,080 | +€1,789 | +616.2% |
| Other amounts payable | 47/48 | €1,000 | - | -€1,000 | |
| Accrued charges and deferred income | 492/3 | €1,572 | €1,172 | -€400 | -25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,443 | €2,423 | -€20 | -0.8% |
| Other operating charges | 640/8 | €971 | €1,471 | +€499 | +51.4% |
| Gross operating margin | 9900 | -€1,755 | -€422 | +€1,334 | +76.0% |
| Operating profit (loss) | 9901 | -€5,169 | -€4,315 | +€854 | +16.5% |
| Financial income | 75/76B | €179 | €72 | -€107 | -59.7% |
| Recurring financial income | 75 | €179 | €72 | -€107 | -59.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,990 | -€4,243 | +€747 | +15.0% |
| Profit (loss) for the period | 9904 | -€4,990 | -€4,243 | +€747 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,990 | -€4,243 | +€747 | +15.0% |
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.