Breakeven: 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.
Breakeven
Largest movements
- Cash -€2,297
down €2,297 (-11.5%), from €19,974 to €17,677
mainly Investment in fixed assets (net) (-€4,456) and Net result for the year (-€2,517)
- Receivables within one year -€1,785
down €1,785 (-29.9%), from €5,966 to €4,181
- Tangible fixed assets -€1,319
down €1,319 (-3.4%), from €39,096 to €37,777
of which Plant, machinery and equipment: -€1,209
- Profit (loss) carried forward -€2,517
new in 2025: -€2,517
- Other debts -€2,142
down €2,142 (-19.2%), from €11,173 to €9,031
- Tax, wage and social debts -€742
down €742 (-99.9%), from €743 to €1
of which Taxes: -€465
- Gross operating margin -€3,170
down €3,170 (-47.2%), from €6,715 to €3,545
- Depreciation +€669
up €669 (+13.1%), from €5,106 to €5,775
- Taxes -€469
down €469, from €461 to -€8
- Other operating charges -€304
down €304 (-84.7%), from €359 to €55
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 | €65,036 | €59,636 | -€5,401 | -8.3% |
| Fixed assets | 21/28 | €39,096 | €37,777 | -€1,319 | -3.4% |
| Tangible fixed assets | 22/27 | €39,096 | €37,777 | -€1,319 | -3.4% |
| Plant, machinery and equipment | 23 | €31,751 | €30,542 | -€1,209 | -3.8% |
| Furniture and vehicles | 24 | €1,318 | €1,952 | +€634 | +48.1% |
| Other tangible fixed assets | 26 | €6,026 | €5,283 | -€743 | -12.3% |
| Current assets | 29/58 | €25,940 | €21,858 | -€4,082 | -15.7% |
| Amounts receivable within one year | 40/41 | €5,966 | €4,181 | -€1,785 | -29.9% |
| Trade receivables | 40 | €5,966 | €4,181 | -€1,785 | -29.9% |
| Cash at bank and in hand | 54/58 | €19,974 | €17,677 | -€2,297 | -11.5% |
| Total equity and liabilities | 10/49 | €65,036 | €59,636 | -€5,401 | -8.3% |
| Equity | 10/15 | €53,120 | €50,603 | -€2,517 | -4.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €34,570 | €34,570 | = | 0.0% |
| Distributable reserves | 133 | €34,570 | €34,570 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,517 | -€2,517 | |
| Amounts payable | 17/49 | €11,916 | €9,032 | -€2,884 | -24.2% |
| Amounts payable within one year | 42/48 | €11,916 | €9,032 | -€2,884 | -24.2% |
| Taxes, remuneration and social security | 45 | €743 | €1 | -€742 | -99.9% |
| Taxes | 450/3 | €466 | €1 | -€465 | -99.8% |
| Remuneration and social security | 454/9 | €277 | - | -€277 | |
| Other amounts payable | 47/48 | €11,173 | €9,031 | -€2,142 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,106 | €5,775 | +€669 | +13.1% |
| Other operating charges | 640/8 | €359 | €55 | -€304 | -84.7% |
| Gross operating margin | 9900 | €6,715 | €3,545 | -€3,170 | -47.2% |
| Operating profit (loss) | 9901 | €1,250 | -€2,285 | -€3,535 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €241 | €240 | -€1 | -0.5% |
| Recurring financial charges | 65 | €241 | €240 | -€1 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €1,008 | -€2,525 | -€3,534 | |
| Income taxes | 67/77 | €461 | -€8 | -€469 | |
| Profit (loss) for the period | 9904 | €547 | -€2,517 | -€3,064 | |
| Profit (loss) for the period to be appropriated | 9905 | €547 | -€2,517 | -€3,064 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.