BORDERSCOPE: 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.
BORDERSCOPE
Largest movements
- Cash -€20,418
down €20,418 (-61.6%), from €33,143 to €12,725
mainly Net result for the year (-€11,333) and Trade debts (-€5,780)
- Receivables within one year +€3,909
up €3,909 (+58.1%), from €6,728 to €10,637
of which Other amounts receivable: +€3,910
- Tangible fixed assets -€953
no longer reported in 2025 (was €953)
- Deferred charges and accrued income -€649
down €649 (-98.9%), from €656 to €7
- Profit (loss) carried forward -€11,333
down €11,333 (-7.8%), from -€144,445 to -€155,778
- Trade debts -€5,780
down €5,780 (-77.9%), from €7,425 to €1,644
- Tax, wage and social debts -€3,381
no longer reported in 2025 (was €3,381)
- Other debts +€2,384
up €2,384 (+2.0%), from €117,369 to €119,753
- Staff costs -€75,889
down €75,889 (-100.0%), from €75,916 to €27
- Gross operating margin -€48,388
down €48,388, from €41,519 to -€6,869
- Depreciation -€741
down €741 (-43.8%), from €1,694 to €953
- Other operating charges +€731
up €731 (+332.4%), from €220 to €950
- Financial charges +€618
up €618 (+32.3%), from €1,916 to €2,534
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 | €43,730 | €25,619 | -€18,111 | -41.4% |
| Fixed assets | 21/28 | €3,203 | €2,250 | -€953 | -29.7% |
| Tangible fixed assets | 22/27 | €953 | - | -€953 | |
| Furniture and vehicles | 24 | €953 | - | -€953 | |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €40,527 | €23,369 | -€17,158 | -42.3% |
| Amounts receivable within one year | 40/41 | €6,728 | €10,637 | +€3,909 | +58.1% |
| Trade receivables | 40 | €1 | - | -€1 | |
| Other amounts receivable | 41 | €6,727 | €10,637 | +€3,910 | +58.1% |
| Cash at bank and in hand | 54/58 | €33,143 | €12,725 | -€20,418 | -61.6% |
| Deferred charges and accrued income | 490/1 | €656 | €7 | -€649 | -98.9% |
| Total equity and liabilities | 10/49 | €43,730 | €25,619 | -€18,111 | -41.4% |
| Equity | 10/15 | -€84,445 | -€95,778 | -€11,333 | -13.4% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€144,445 | -€155,778 | -€11,333 | -7.8% |
| Amounts payable | 17/49 | €128,175 | €121,398 | -€6,778 | -5.3% |
| Amounts payable within one year | 42/48 | €128,175 | €121,398 | -€6,778 | -5.3% |
| Trade debts | 44 | €7,425 | €1,644 | -€5,780 | -77.9% |
| Suppliers | 440/4 | €7,425 | €1,644 | -€5,780 | -77.9% |
| Taxes, remuneration and social security | 45 | €3,381 | - | -€3,381 | |
| Remuneration and social security | 454/9 | €3,381 | - | -€3,381 | |
| Other amounts payable | 47/48 | €117,369 | €119,753 | +€2,384 | +2.0% |
| Remuneration, social security and pensions | 62 | €75,916 | €27 | -€75,889 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,694 | €953 | -€741 | -43.8% |
| Other operating charges | 640/8 | €220 | €950 | +€731 | +332.4% |
| Gross operating margin | 9900 | €41,519 | -€6,869 | -€48,388 | |
| Operating profit (loss) | 9901 | -€36,311 | -€8,799 | +€27,512 | +75.8% |
| Financial charges | 65/66B | €1,916 | €2,534 | +€618 | +32.3% |
| Recurring financial charges | 65 | €1,916 | €2,534 | +€618 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | -€38,227 | -€11,333 | +€26,894 | +70.4% |
| Profit (loss) for the period | 9904 | -€38,227 | -€11,333 | +€26,894 | +70.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,227 | -€11,333 | +€26,894 | +70.4% |
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 10 October 2026 via checked.be.