BRIDGING THE GAP: 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.
BRIDGING THE GAP
Largest movements
- Receivables within one year +€202
up €202 (+63.4%), from €318 to €520
- Provisions -€6,591
down €6,591 (-58.6%), from €11,241 to €4,650
- Profit (loss) carried forward +€4,723
up €4,723 (+12.0%), from -€39,329 to -€34,605
- Other debts +€2,074
up €2,074 (+35.3%), from €5,880 to €7,955
- Trade debts -€5
down €5 (-1.0%), from €525 to €520
- Provisions -€6,591
new in 2025: -€6,591
- Gross operating margin -€1,342
down €1,342 (-255.5%), from -€525 to -€1,867
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €318 | €520 | +€202 | +63.4% |
| Current assets | 29/58 | €318 | €520 | +€202 | +63.4% |
| Amounts receivable within one year | 40/41 | €318 | €520 | +€202 | +63.4% |
| Other amounts receivable | 41 | €318 | €520 | +€202 | +63.4% |
| Total equity and liabilities | 10/49 | €318 | €520 | +€202 | +63.4% |
| Equity | 10/15 | -€17,329 | -€12,605 | +€4,723 | +27.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,329 | -€34,605 | +€4,723 | +12.0% |
| Provisions and deferred taxes | 16 | €11,241 | €4,650 | -€6,591 | -58.6% |
| Provisions for liabilities and charges | 160/5 | €11,241 | €4,650 | -€6,591 | -58.6% |
| Pensions and similar obligations | 160 | €11,241 | - | -€11,241 | |
| Other liabilities and charges | 164/5 | - | €4,650 | +€4,650 | |
| Amounts payable | 17/49 | €6,406 | €8,475 | +€2,069 | +32.3% |
| Amounts payable within one year | 42/48 | €6,406 | €8,475 | +€2,069 | +32.3% |
| Trade debts | 44 | €525 | €520 | -€5 | -1.0% |
| Suppliers | 440/4 | €525 | €520 | -€5 | -1.0% |
| Other amounts payable | 47/48 | €5,880 | €7,955 | +€2,074 | +35.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€6,591 | -€6,591 | |
| Non-recurring operating charges | 66A | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€525 | -€1,867 | -€1,342 | -255.5% |
| Operating profit (loss) | 9901 | -€913 | €4,723 | +€5,636 | |
| Profit (loss) for the period before taxes | 9903 | -€913 | €4,723 | +€5,636 | |
| Profit (loss) for the period | 9904 | -€913 | €4,723 | +€5,636 | |
| Profit (loss) for the period to be appropriated | 9905 | -€913 | €4,723 | +€5,636 |
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 6 October 2026 via checked.be.