BODYLINE: 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.
BODYLINE
Largest movements
- Stocks and contracts -€22,296
down €22,296 (-41.1%), from €54,247 to €31,952
- Cash -€11,289
down €11,289 (-83.9%), from €13,450 to €2,162
mainly Net result for the year (-€44,000) and Tax, wage and social debts (-€8,593)
- Deferred charges and accrued income -€4,696
no longer reported in 2025 (was €4,696)
- Reserves -€27,332
down €27,332 (-81.1%), from €33,693 to €6,361
of which Tax-exempt reserves: -€27,332
- Profit (loss) carried forward -€16,668
down €16,668, from €10,281 to -€6,387
- Trade debts +€12,965
up €12,965 (+475%), from €2,728 to €15,693
- Tax, wage and social debts -€8,593
down €8,593 (-26.7%), from €32,177 to €23,584
of which Remuneration and social security: -€8,176
- Gross operating margin -€97,932
down €97,932 (-74.4%), from €131,555 to €33,624
- Staff costs -€77,252
down €77,252 (-51.9%), from €148,705 to €71,453
- Taxes +€1,584
new in 2025: €1,584
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 | €142,485 | €103,185 | -€39,300 | -27.6% |
| Fixed assets | 21/28 | €4,940 | €3,830 | -€1,110 | -22.5% |
| Tangible fixed assets | 22/27 | €4,702 | €3,592 | -€1,110 | -23.6% |
| Plant, machinery and equipment | 23 | €4,702 | €3,592 | -€1,110 | -23.6% |
| Financial fixed assets | 28 | €238 | €238 | = | 0.0% |
| Current assets | 29/58 | €137,545 | €99,355 | -€38,190 | -27.8% |
| Stocks and contracts in progress | 3 | €54,247 | €31,952 | -€22,296 | -41.1% |
| Stocks | 30/36 | €54,247 | €31,952 | -€22,296 | -41.1% |
| Amounts receivable within one year | 40/41 | €65,152 | €65,241 | +€90 | +0.1% |
| Trade receivables | 40 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Other amounts receivable | 41 | €55,152 | €60,241 | +€5,090 | +9.2% |
| Cash at bank and in hand | 54/58 | €13,450 | €2,162 | -€11,289 | -83.9% |
| Deferred charges and accrued income | 490/1 | €4,696 | - | -€4,696 | |
| Total equity and liabilities | 10/49 | €142,485 | €103,185 | -€39,300 | -27.6% |
| Equity | 10/15 | €107,580 | €63,580 | -€44,000 | -40.9% |
| Contributions | 10/11 | €63,606 | €63,606 | = | 0.0% |
| Capital | 10 | €63,606 | €63,606 | = | 0.0% |
| Issued capital | 100 | €63,606 | €63,606 | = | 0.0% |
| Reserves | 13 | €33,693 | €6,361 | -€27,332 | -81.1% |
| Non-distributable reserves | 130/1 | €6,361 | €6,361 | = | 0.0% |
| Legal reserve | 130 | €6,361 | €6,361 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,332 | - | -€27,332 | |
| Profit (loss) carried forward | 14 | €10,281 | -€6,387 | -€16,668 | |
| Amounts payable | 17/49 | €34,905 | €39,604 | +€4,700 | +13.5% |
| Amounts payable within one year | 42/48 | €34,905 | €39,277 | +€4,372 | +12.5% |
| Trade debts | 44 | €2,728 | €15,693 | +€12,965 | +475% |
| Suppliers | 440/4 | €2,728 | €15,693 | +€12,965 | +475% |
| Taxes, remuneration and social security | 45 | €32,177 | €23,584 | -€8,593 | -26.7% |
| Taxes | 450/3 | €5,773 | €5,356 | -€416 | -7.2% |
| Remuneration and social security | 454/9 | €26,404 | €18,228 | -€8,176 | -31.0% |
| Accrued charges and deferred income | 492/3 | - | €328 | +€328 | |
| Remuneration, social security and pensions | 62 | €148,705 | €71,453 | -€77,252 | -51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €611 | €1,110 | +€499 | +81.7% |
| Other operating charges | 640/8 | €1,753 | €1,522 | -€231 | -13.2% |
| Gross operating margin | 9900 | €131,555 | €33,624 | -€97,932 | -74.4% |
| Operating profit (loss) | 9901 | -€19,513 | -€40,461 | -€20,948 | -107% |
| Financial income | 75/76B | €189 | - | -€189 | |
| Recurring financial income | 75 | €189 | - | -€189 | |
| Financial charges | 65/66B | €2,105 | €1,955 | -€150 | -7.1% |
| Recurring financial charges | 65 | €2,105 | €1,955 | -€150 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | -€21,429 | -€42,416 | -€20,987 | -97.9% |
| Income taxes | 67/77 | - | €1,584 | +€1,584 | |
| Profit (loss) for the period | 9904 | -€21,429 | -€44,000 | -€22,571 | -105% |
| Transfer from tax-exempt reserves | 789 | - | €27,332 | +€27,332 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,429 | -€16,668 | +€4,761 | +22.2% |
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 14 October 2026 via checked.be.