boîte 71: 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.
boîte 71
Largest movements
- Receivables within one year -€117,459
down €117,459 (-53.5%), from €219,654 to €102,195
of which Trade receivables: -€62,242
- Cash +€80,178
up €80,178 (+196%), from €40,840 to €121,018
mainly Receivables within one year (+€117,459) and Advances received (+€15,052)
- Tangible fixed assets +€47,521
up €47,521 (+1,091%), from €4,355 to €51,876
- Advances received +€15,052
new in 2025: €15,052
- Tax, wage and social debts -€9,984
down €9,984 (-98.0%), from €10,191 to €206
- Profit (loss) carried forward +€4,685
up €4,685 (+2.5%), from €189,861 to €194,547
- Other operating charges -€63,906
down €63,906 (-97.0%), from €65,861 to €1,955
- Gross operating margin -€43,881
down €43,881 (-83.6%), from €52,506 to €8,625
- Financial income +€9,439
new in 2025: €9,439
- Depreciation +€9,093
up €9,093 (+546%), from €1,665 to €10,758
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 | €265,782 | €275,883 | +€10,102 | +3.8% |
| Fixed assets | 21/28 | €4,655 | €52,176 | +€47,521 | +1,021% |
| Tangible fixed assets | 22/27 | €4,355 | €51,876 | +€47,521 | +1,091% |
| Furniture and vehicles | 24 | €4,355 | €51,876 | +€47,521 | +1,091% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €261,126 | €223,707 | -€37,419 | -14.3% |
| Amounts receivable within one year | 40/41 | €219,654 | €102,195 | -€117,459 | -53.5% |
| Trade receivables | 40 | €62,242 | - | -€62,242 | |
| Other amounts receivable | 41 | €157,412 | €102,195 | -€55,217 | -35.1% |
| Cash at bank and in hand | 54/58 | €40,840 | €121,018 | +€80,178 | +196% |
| Deferred charges and accrued income | 490/1 | €633 | €495 | -€138 | -21.8% |
| Total equity and liabilities | 10/49 | €265,782 | €275,883 | +€10,102 | +3.8% |
| Equity | 10/15 | €254,271 | €258,957 | +€4,685 | +1.8% |
| Contributions | 10/11 | €58,550 | €58,550 | = | 0.0% |
| Reserves | 13 | €5,860 | €5,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,860 | €5,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,860 | €5,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €189,861 | €194,547 | +€4,685 | +2.5% |
| Amounts payable | 17/49 | €11,510 | €16,927 | +€5,416 | +47.1% |
| Amounts payable within one year | 42/48 | €11,510 | €16,927 | +€5,416 | +47.1% |
| Trade debts | 44 | - | €1,480 | +€1,480 | |
| Suppliers | 440/4 | - | €1,480 | +€1,480 | |
| Advances received on contracts in progress | 46 | - | €15,052 | +€15,052 | |
| Taxes, remuneration and social security | 45 | €10,191 | €206 | -€9,984 | -98.0% |
| Taxes | 450/3 | €10,191 | €206 | -€9,984 | -98.0% |
| Other amounts payable | 47/48 | €1,320 | €189 | -€1,131 | -85.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,665 | €10,758 | +€9,093 | +546% |
| Other operating charges | 640/8 | €65,861 | €1,955 | -€63,906 | -97.0% |
| Gross operating margin | 9900 | €52,506 | €8,625 | -€43,881 | -83.6% |
| Operating profit (loss) | 9901 | -€15,020 | -€4,087 | +€10,933 | +72.8% |
| Financial income | 75/76B | - | €9,439 | +€9,439 | |
| Recurring financial income | 75 | - | €9,439 | +€9,439 | |
| Financial charges | 65/66B | €73 | €258 | +€185 | +255% |
| Recurring financial charges | 65 | €73 | €258 | +€185 | +255% |
| Profit (loss) for the period before taxes | 9903 | -€15,093 | €5,094 | +€20,187 | |
| Income taxes | 67/77 | €114 | €409 | +€294 | +257% |
| Profit (loss) for the period | 9904 | -€15,207 | €4,685 | +€19,892 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,207 | €4,685 | +€19,892 |
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 20 October 2026 via checked.be.