Bothworlds: 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.
Bothworlds
Largest movements
- Tangible fixed assets -€16,982
down €16,982 (-69.6%), from €24,398 to €7,416
of which Land and buildings: -€8,970
- Cash -€3,593
down €3,593 (-44.0%), from €8,171 to €4,578
- Receivables within one year +€528
new in 2025: €528
- Deferred charges and accrued income -€379
down €379 (-95.0%), from €399 to €20
- Profit (loss) carried forward -€16,486
down €16,486 (-21.5%), from -€76,511 to -€92,997
- Other debts -€2,654
no longer reported in 2025 (was €2,654)
- Tax, wage and social debts -€960
down €960 (-51.3%), from €1,870 to €910
- Gross operating margin -€3,276
down €3,276, from €944 to -€2,332
- Depreciation +€279
up €279 (+3.3%), from €8,432 to €8,711
- Other operating charges -€93
down €93 (-18.9%), from €493 to €400
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,968 | €12,542 | -€20,426 | -62.0% |
| Fixed assets | 21/28 | €24,398 | €7,416 | -€16,982 | -69.6% |
| Tangible fixed assets | 22/27 | €24,398 | €7,416 | -€16,982 | -69.6% |
| Land and buildings | 22 | €12,002 | €3,032 | -€8,970 | -74.7% |
| Furniture and vehicles | 24 | €12,396 | €4,384 | -€8,012 | -64.6% |
| Current assets | 29/58 | €8,570 | €5,126 | -€3,444 | -40.2% |
| Amounts receivable within one year | 40/41 | - | €528 | +€528 | |
| Other amounts receivable | 41 | - | €528 | +€528 | |
| Cash at bank and in hand | 54/58 | €8,171 | €4,578 | -€3,593 | -44.0% |
| Deferred charges and accrued income | 490/1 | €399 | €20 | -€379 | -95.0% |
| Total equity and liabilities | 10/49 | €32,968 | €12,542 | -€20,426 | -62.0% |
| Equity | 10/15 | €27,667 | €11,181 | -€16,486 | -59.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €85,628 | €85,628 | = | 0.0% |
| Non-distributable reserves | 130/1 | €68,074 | €68,074 | = | 0.0% |
| Reserves not available under the articles | 1311 | €68,074 | €68,074 | = | 0.0% |
| Distributable reserves | 133 | €17,554 | €17,554 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,511 | -€92,997 | -€16,486 | -21.5% |
| Amounts payable | 17/49 | €5,301 | €1,361 | -€3,940 | -74.3% |
| Amounts payable within one year | 42/48 | €5,301 | €1,361 | -€3,940 | -74.3% |
| Trade debts | 44 | €777 | €451 | -€326 | -42.0% |
| Suppliers | 440/4 | €777 | €451 | -€326 | -42.0% |
| Taxes, remuneration and social security | 45 | €1,870 | €910 | -€960 | -51.3% |
| Taxes | 450/3 | €1,870 | €910 | -€960 | -51.3% |
| Other amounts payable | 47/48 | €2,654 | - | -€2,654 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,432 | €8,711 | +€279 | +3.3% |
| Other operating charges | 640/8 | €493 | €400 | -€93 | -18.9% |
| Gross operating margin | 9900 | €944 | -€2,332 | -€3,276 | |
| Operating profit (loss) | 9901 | -€7,981 | -€11,443 | -€3,462 | -43.4% |
| Financial charges | 65/66B | €48 | €54 | +€6 | +12.5% |
| Recurring financial charges | 65 | €48 | €54 | +€6 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,029 | -€11,497 | -€3,468 | -43.2% |
| Income taxes | 67/77 | €174 | €185 | +€11 | +6.3% |
| Profit (loss) for the period | 9904 | -€8,203 | -€11,682 | -€3,479 | -42.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,203 | -€11,682 | -€3,479 | -42.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.