Break The Grid: 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.
Break The Grid
Largest movements
- Cash -€151,995
down €151,995 (-46.4%), from €327,594 to €175,599
mainly Net result for the year (-€141,166) and Receivables within one year (-€77,738)
- Receivables within one year +€77,738
up €77,738 (+35.9%), from €216,397 to €294,135
of which Trade receivables: +€71,318
- Tangible fixed assets -€30,484
down €30,484 (-62.8%), from €48,555 to €18,071
of which Furniture and vehicles: -€31,777
- Profit (loss) carried forward -€206,629
down €206,629, from €196,040 to -€10,589
- Trade debts +€125,861
up €125,861 (+561.9%), from €22,401 to €148,262
- Tax, wage and social debts -€28,248
down €28,248 (-16.3%), from €172,955 to €144,707
of which Taxes: -€23,714
- Gross operating margin -€562,032
down €562,032 (-71.9%), from €781,203 to €219,172
- Taxes -€111,311
down €111,311 (-99.6%), from €111,806 to €495
- Staff costs -€41,754
down €41,754 (-11.7%), from €356,576 to €314,822
- Write-downs -€11,745
new in 2025: -€11,745
- Other operating charges +€11,104
up €11,104 (+417.2%), from €2,661 to €13,765
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 | €611,334 | €505,758 | -€105,576 | -17.3% |
| Fixed assets | 21/28 | €66,035 | €35,551 | -€30,484 | -46.2% |
| Tangible fixed assets | 22/27 | €48,555 | €18,071 | -€30,484 | -62.8% |
| Plant, machinery and equipment | 23 | €2,096 | €3,389 | +€1,293 | +61.7% |
| Furniture and vehicles | 24 | €46,459 | €14,682 | -€31,777 | -68.4% |
| Financial fixed assets | 28 | €17,480 | €17,480 | = | 0.0% |
| Current assets | 29/58 | €545,299 | €470,207 | -€75,092 | -13.8% |
| Stocks and contracts in progress | 3 | €561 | €170 | -€392 | -69.8% |
| Stocks | 30/36 | €561 | €170 | -€392 | -69.8% |
| Amounts receivable within one year | 40/41 | €216,397 | €294,135 | +€77,738 | +35.9% |
| Trade receivables | 40 | €188,920 | €260,238 | +€71,318 | +37.8% |
| Other amounts receivable | 41 | €27,477 | €33,897 | +€6,420 | +23.4% |
| Cash at bank and in hand | 54/58 | €327,594 | €175,599 | -€151,995 | -46.4% |
| Deferred charges and accrued income | 490/1 | €747 | €303 | -€444 | -59.4% |
| Total equity and liabilities | 10/49 | €611,334 | €505,758 | -€105,576 | -17.3% |
| Equity | 10/15 | €409,580 | €202,951 | -€206,629 | -50.4% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €188,750 | €188,750 | = | 0.0% |
| Distributable reserves | 133 | €188,750 | €188,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €196,040 | -€10,589 | -€206,629 | |
| Amounts payable | 17/49 | €201,754 | €302,807 | +€101,053 | +50.1% |
| Amounts payable within one year | 42/48 | €201,754 | €302,807 | +€101,053 | +50.1% |
| Trade debts | 44 | €22,401 | €148,262 | +€125,861 | +561.9% |
| Suppliers | 440/4 | €22,401 | €148,262 | +€125,861 | +561.9% |
| Taxes, remuneration and social security | 45 | €172,955 | €144,707 | -€28,248 | -16.3% |
| Taxes | 450/3 | €121,299 | €97,586 | -€23,714 | -19.5% |
| Remuneration and social security | 454/9 | €51,655 | €47,121 | -€4,534 | -8.8% |
| Other amounts payable | 47/48 | €6,399 | €9,839 | +€3,440 | +53.8% |
| Remuneration, social security and pensions | 62 | €356,576 | €314,822 | -€41,754 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,306 | €39,565 | -€3,740 | -8.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€11,745 | -€11,745 | |
| Other operating charges | 640/8 | €2,661 | €13,765 | +€11,104 | +417.2% |
| Gross operating margin | 9900 | €781,203 | €219,172 | -€562,032 | -71.9% |
| Operating profit (loss) | 9901 | €378,660 | -€137,236 | -€515,896 | |
| Financial income | 75/76B | - | €513 | +€513 | |
| Recurring financial income | 75 | - | €513 | +€513 | |
| Financial charges | 65/66B | €2,089 | €3,949 | +€1,860 | +89.1% |
| Recurring financial charges | 65 | €2,089 | €3,949 | +€1,860 | +89.1% |
| Profit (loss) for the period before taxes | 9903 | €376,572 | -€140,671 | -€517,243 | |
| Income taxes | 67/77 | €111,806 | €495 | -€111,311 | -99.6% |
| Profit (loss) for the period | 9904 | €264,765 | -€141,166 | -€405,932 | |
| Profit (loss) for the period to be appropriated | 9905 | €264,765 | -€141,166 | -€405,932 |
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 4 October 2026 via checked.be.