Breathless: 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.
Breathless
Largest movements
- Cash +€15,929
up €15,929 (+345.1%), from €4,615 to €20,544
mainly Receivables within one year (+€15,497) and Net result for the year (+€11,155)
- Receivables within one year -€15,497
down €15,497 (-32.5%), from €47,729 to €32,232
of which Trade receivables: -€15,497
- Tangible fixed assets -€1,460
down €1,460 (-68.8%), from €2,123 to €663
- Deferred charges and accrued income -€623
down €623 (-67.4%), from €925 to €302
- Tax, wage and social debts -€11,373
down €11,373 (-28.9%), from €39,383 to €28,010
- Profit (loss) carried forward +€11,155
up €11,155 (+76.1%), from -€14,666 to -€3,511
- Trade debts -€1,977
down €1,977 (-16.6%), from €11,925 to €9,949
- Gross operating margin +€33,134
up €33,134, from -€12,911 to €20,223
- Other operating charges +€4,527
up €4,527 (+391.3%), from €1,157 to €5,684
- Taxes +€642
up €642 (+501.4%), from €128 to €770
- Depreciation -€348
down €348 (-19.2%), from €1,808 to €1,460
- Financial charges -€319
down €319 (-21.7%), from €1,473 to €1,154
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 | €55,392 | €53,740 | -€1,651 | -3.0% |
| Fixed assets | 21/28 | €2,123 | €663 | -€1,460 | -68.8% |
| Tangible fixed assets | 22/27 | €2,123 | €663 | -€1,460 | -68.8% |
| Plant, machinery and equipment | 23 | €2,123 | €663 | -€1,460 | -68.8% |
| Current assets | 29/58 | €53,269 | €53,078 | -€191 | -0.4% |
| Amounts receivable within one year | 40/41 | €47,729 | €32,232 | -€15,497 | -32.5% |
| Trade receivables | 40 | €45,357 | €29,860 | -€15,497 | -34.2% |
| Other amounts receivable | 41 | €2,372 | €2,372 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,615 | €20,544 | +€15,929 | +345.1% |
| Deferred charges and accrued income | 490/1 | €925 | €302 | -€623 | -67.4% |
| Total equity and liabilities | 10/49 | €55,392 | €53,740 | -€1,651 | -3.0% |
| Equity | 10/15 | €2,578 | €13,733 | +€11,155 | +432.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,244 | €12,244 | = | 0.0% |
| Distributable reserves | 133 | €12,244 | €12,244 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,666 | -€3,511 | +€11,155 | +76.1% |
| Amounts payable | 17/49 | €52,814 | €40,007 | -€12,806 | -24.2% |
| Amounts payable within one year | 42/48 | €52,814 | €40,007 | -€12,806 | -24.2% |
| Trade debts | 44 | €11,925 | €9,949 | -€1,977 | -16.6% |
| Suppliers | 440/4 | €11,925 | €9,949 | -€1,977 | -16.6% |
| Taxes, remuneration and social security | 45 | €39,383 | €28,010 | -€11,373 | -28.9% |
| Taxes | 450/3 | €39,383 | €28,010 | -€11,373 | -28.9% |
| Other amounts payable | 47/48 | €1,506 | €2,049 | +€544 | +36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,808 | €1,460 | -€348 | -19.2% |
| Other operating charges | 640/8 | €1,157 | €5,684 | +€4,527 | +391.3% |
| Gross operating margin | 9900 | -€12,911 | €20,223 | +€33,134 | |
| Operating profit (loss) | 9901 | -€15,876 | €13,079 | +€28,955 | |
| Financial charges | 65/66B | €1,473 | €1,154 | -€319 | -21.7% |
| Recurring financial charges | 65 | €1,473 | €1,154 | -€319 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,349 | €11,925 | +€29,274 | |
| Income taxes | 67/77 | €128 | €770 | +€642 | +501.4% |
| Profit (loss) for the period | 9904 | -€17,477 | €11,155 | +€28,632 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,477 | €11,155 | +€28,632 |
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 7 October 2026 via checked.be.