BRIDGE@MANAGEMENT: 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.
BRIDGE@MANAGEMENT
Largest movements
- Cash -€47,982
down €47,982 (-31.5%), from €152,362 to €104,379
mainly Other debts (-€60,149) and Contributions, distributions and other (-€40,000)
- Receivables within one year -€16,713
down €16,713 (-63.8%), from €26,176 to €9,463
- Other debts -€60,149
down €60,149 (-58.4%), from €102,950 to €42,801
- Tax, wage and social debts -€19,954
down €19,954 (-71.7%), from €27,816 to €7,862
- Profit (loss) carried forward +€16,271
up €16,271 (+46.6%), from €34,946 to €51,217
- Gross operating margin +€33,525
up €33,525 (+138%), from €24,362 to €57,887
- Turnover +€23,281
up €23,281 (+15.3%), from €152,473 to €175,754
- Purchases and services -€12,108
down €12,108 (-9.3%), from €129,975 to €117,867
- Taxes -€8,772
down €8,772 (-97.5%), from €9,000 to €228
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 | €180,826 | €115,520 | -€65,305 | -36.1% |
| Fixed assets | 21/28 | €1,449 | €800 | -€650 | -44.8% |
| Tangible fixed assets | 22/27 | €1,449 | €800 | -€650 | -44.8% |
| Furniture and vehicles | 24 | €1,449 | €800 | -€650 | -44.8% |
| Current assets | 29/58 | €179,376 | €114,721 | -€64,656 | -36.0% |
| Amounts receivable within one year | 40/41 | €26,176 | €9,463 | -€16,713 | -63.8% |
| Trade receivables | 40 | €26,176 | €9,463 | -€16,713 | -63.8% |
| Cash at bank and in hand | 54/58 | €152,362 | €104,379 | -€47,982 | -31.5% |
| Deferred charges and accrued income | 490/1 | €838 | €878 | +€40 | +4.7% |
| Total equity and liabilities | 10/49 | €180,826 | €115,520 | -€65,305 | -36.1% |
| Equity | 10/15 | €48,586 | €64,857 | +€16,271 | +33.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,240 | €1,240 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Legal reserve | 130 | €1,240 | €1,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,946 | €51,217 | +€16,271 | +46.6% |
| Amounts payable | 17/49 | €132,240 | €50,663 | -€81,576 | -61.7% |
| Amounts payable within one year | 42/48 | €132,240 | €50,663 | -€81,576 | -61.7% |
| Trade debts | 44 | €1,473 | - | -€1,473 | |
| Suppliers | 440/4 | €1,473 | - | -€1,473 | |
| Taxes, remuneration and social security | 45 | €27,816 | €7,862 | -€19,954 | -71.7% |
| Taxes | 450/3 | €27,816 | €7,862 | -€19,954 | -71.7% |
| Other amounts payable | 47/48 | €102,950 | €42,801 | -€60,149 | -58.4% |
| Turnover | 70 | €152,473 | €175,754 | +€23,281 | +15.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €129,975 | €117,867 | -€12,108 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €650 | €650 | = | 0.0% |
| Other operating charges | 640/8 | €1,140 | €1,321 | +€181 | +15.9% |
| Gross operating margin | 9900 | €24,362 | €57,887 | +€33,525 | +138% |
| Operating profit (loss) | 9901 | €22,572 | €55,916 | +€33,344 | +148% |
| Financial income | 75/76B | €1,603 | €761 | -€841 | -52.5% |
| Recurring financial income | 75 | €1,603 | €761 | -€841 | -52.5% |
| Financial charges | 65/66B | €559 | €178 | -€381 | -68.2% |
| Recurring financial charges | 65 | €559 | €178 | -€381 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | €23,616 | €56,499 | +€32,883 | +139% |
| Income taxes | 67/77 | €9,000 | €228 | -€8,772 | -97.5% |
| Profit (loss) for the period | 9904 | €14,616 | €56,271 | +€41,655 | +285% |
| Profit (loss) for the period to be appropriated | 9905 | €14,616 | €56,271 | +€41,655 | +285% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 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.