BRAINSTARTING: what changed
Two fiscal 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.
BRAINSTARTING
Largest movements
- Cash -€21,111
down €21,111 (-37.2%), from €56,773 to €35,662
mainly Net result for the year (-€16,197) and Trade debts (-€9,838)
- Stocks and contracts -€3,650
no longer reported in 2025 (was €3,650)
- Tangible fixed assets -€2,990
down €2,990 (-42.5%), from €7,029 to €4,039
- Receivables within one year -€1,574
down €1,574 (-3.6%), from €44,331 to €42,756
of which Trade receivables: -€9,905
- Trade debts -€9,838
down €9,838 (-66.5%), from €14,788 to €4,950
- Profit (loss) carried forward -€8,197
down €8,197, from €343 to -€7,854
- Reserves -€8,000
down €8,000 (-10.3%), from €77,859 to €69,859
of which Distributable reserves: -€8,000
- Tax, wage and social debts -€2,804
no longer reported in 2025 (was €2,804)
- Gross operating margin +€7,189
up €7,189 (+46.8%), from -€15,375 to -€8,186
- Depreciation -€954
down €954 (-24.2%), from €3,944 to €2,990
- Other operating charges -€366
down €366 (-17.1%), from €2,138 to €1,772
- Financial income +€348
up €348 (+42.3%), from €823 to €1,171
- Financial charges -€219
down €219 (-26.6%), from €825 to €606
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 | €114,387 | €85,547 | -€28,839 | -25.2% |
| Fixed assets | 21/28 | €7,029 | €4,039 | -€2,990 | -42.5% |
| Tangible fixed assets | 22/27 | €7,029 | €4,039 | -€2,990 | -42.5% |
| Furniture and vehicles | 24 | €7,029 | €4,039 | -€2,990 | -42.5% |
| Current assets | 29/58 | €107,358 | €81,509 | -€25,850 | -24.1% |
| Stocks and contracts in progress | 3 | €3,650 | - | -€3,650 | |
| Stocks | 30/36 | €3,650 | - | -€3,650 | |
| Amounts receivable within one year | 40/41 | €44,331 | €42,756 | -€1,574 | -3.6% |
| Trade receivables | 40 | €14,855 | €4,950 | -€9,905 | -66.7% |
| Other amounts receivable | 41 | €29,476 | €37,806 | +€8,331 | +28.3% |
| Cash at bank and in hand | 54/58 | €56,773 | €35,662 | -€21,111 | -37.2% |
| Deferred charges and accrued income | 490/1 | €2,605 | €3,090 | +€486 | +18.6% |
| Total equity and liabilities | 10/49 | €114,387 | €85,547 | -€28,839 | -25.2% |
| Equity | 10/15 | €96,794 | €80,597 | -€16,197 | -16.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €77,859 | €69,859 | -€8,000 | -10.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €76,000 | €68,000 | -€8,000 | -10.5% |
| Profit (loss) carried forward | 14 | €343 | -€7,854 | -€8,197 | |
| Amounts payable | 17/49 | €17,593 | €4,950 | -€12,643 | -71.9% |
| Amounts payable within one year | 42/48 | €17,593 | €4,950 | -€12,643 | -71.9% |
| Trade debts | 44 | €14,788 | €4,950 | -€9,838 | -66.5% |
| Suppliers | 440/4 | €14,788 | €4,950 | -€9,838 | -66.5% |
| Taxes, remuneration and social security | 45 | €2,804 | - | -€2,804 | |
| Taxes | 450/3 | €2,804 | - | -€2,804 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,944 | €2,990 | -€954 | -24.2% |
| Other operating charges | 640/8 | €2,138 | €1,772 | -€366 | -17.1% |
| Non-recurring operating charges | 66A | - | €3,650 | +€3,650 | |
| Gross operating margin | 9900 | -€15,375 | -€8,186 | +€7,189 | +46.8% |
| Operating profit (loss) | 9901 | -€21,457 | -€16,597 | +€4,859 | +22.6% |
| Financial income | 75/76B | €823 | €1,171 | +€348 | +42.3% |
| Recurring financial income | 75 | €823 | €1,171 | +€348 | +42.3% |
| Financial charges | 65/66B | €825 | €606 | -€219 | -26.6% |
| Recurring financial charges | 65 | €825 | €606 | -€219 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | -€21,458 | -€16,032 | +€5,426 | +25.3% |
| Income taxes | 67/77 | €133 | €165 | +€32 | +23.9% |
| Profit (loss) for the period | 9904 | -€21,591 | -€16,197 | +€5,395 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,591 | -€16,197 | +€5,395 | +25.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.