BRIEFING.COM: 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.
BRIEFING.COM
Largest movements
- Receivables within one year -€57,695
down €57,695 (-60.7%), from €95,001 to €37,306
of which Trade receivables: -€40,150
- Cash -€20,632
down €20,632 (-50.7%), from €40,734 to €20,102
mainly Accrued charges and deferred income (-€40,292) and Other debts (-€38,580)
- Tangible fixed assets +€9,809
up €9,809 (+177.8%), from €5,518 to €15,327
of which Furniture and vehicles: +€5,329
- Accrued charges and deferred income -€40,292
down €40,292 (-96.9%), from €41,560 to €1,268
- Other debts -€38,580
no longer reported in 2025 (was €38,580)
- Profit (loss) carried forward +€5,451
up €5,451 (+17.1%), from €31,916 to €37,367
- Tax, wage and social debts +€2,847
up €2,847 (+26.5%), from €10,728 to €13,575
of which Taxes: +€5,105
- Trade debts +€1,472
up €1,472 (+54.2%), from €2,717 to €4,189
- Gross operating margin +€60,891
up €60,891, from -€5,843 to €55,048
- Staff costs +€7,282
up €7,282 (+19.4%), from €37,584 to €44,866
- Depreciation -€2,205
down €2,205 (-45.4%), from €4,853 to €2,648
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 | €146,885 | €76,859 | -€70,026 | -47.7% |
| Fixed assets | 21/28 | €5,518 | €15,327 | +€9,809 | +177.8% |
| Tangible fixed assets | 22/27 | €5,518 | €15,327 | +€9,809 | +177.8% |
| Land and buildings | 22 | €4,000 | €8,730 | +€4,730 | +118.3% |
| Plant, machinery and equipment | 23 | €250 | - | -€250 | |
| Furniture and vehicles | 24 | €1,268 | €6,597 | +€5,329 | +420.3% |
| Current assets | 29/58 | €141,367 | €61,532 | -€79,835 | -56.5% |
| Stocks and contracts in progress | 3 | €4,523 | €4,124 | -€399 | -8.8% |
| Stocks | 30/36 | €4,523 | €4,124 | -€399 | -8.8% |
| Amounts receivable within one year | 40/41 | €95,001 | €37,306 | -€57,695 | -60.7% |
| Trade receivables | 40 | €40,150 | - | -€40,150 | |
| Other amounts receivable | 41 | €54,851 | €37,306 | -€17,545 | -32.0% |
| Cash at bank and in hand | 54/58 | €40,734 | €20,102 | -€20,632 | -50.7% |
| Deferred charges and accrued income | 490/1 | €1,109 | - | -€1,109 | |
| Total equity and liabilities | 10/49 | €146,885 | €76,859 | -€70,026 | -47.7% |
| Equity | 10/15 | €52,376 | €57,827 | +€5,451 | +10.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,916 | €37,367 | +€5,451 | +17.1% |
| Amounts payable | 17/49 | €94,509 | €19,032 | -€75,477 | -79.9% |
| Amounts payable within one year | 42/48 | €52,949 | €17,764 | -€35,185 | -66.5% |
| Current portion of amounts payable after more than one year | 42 | €924 | - | -€924 | |
| Trade debts | 44 | €2,717 | €4,189 | +€1,472 | +54.2% |
| Suppliers | 440/4 | €2,717 | €4,189 | +€1,472 | +54.2% |
| Taxes, remuneration and social security | 45 | €10,728 | €13,575 | +€2,847 | +26.5% |
| Taxes | 450/3 | €3,514 | €8,619 | +€5,105 | +145.3% |
| Remuneration and social security | 454/9 | €7,214 | €4,956 | -€2,258 | -31.3% |
| Other amounts payable | 47/48 | €38,580 | - | -€38,580 | |
| Accrued charges and deferred income | 492/3 | €41,560 | €1,268 | -€40,292 | -96.9% |
| Remuneration, social security and pensions | 62 | €37,584 | €44,866 | +€7,282 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,853 | €2,648 | -€2,205 | -45.4% |
| Other operating charges | 640/8 | €13 | - | -€13 | |
| Non-recurring operating charges | 66A | €42,767 | - | -€42,767 | |
| Gross operating margin | 9900 | -€5,843 | €55,048 | +€60,891 | |
| Operating profit (loss) | 9901 | -€91,060 | €7,534 | +€98,594 | |
| Financial income | 75/76B | €411 | €98 | -€313 | -76.2% |
| Recurring financial income | 75 | €411 | €98 | -€313 | -76.2% |
| Financial charges | 65/66B | €2,507 | €2,181 | -€326 | -13.0% |
| Recurring financial charges | 65 | €2,507 | €2,181 | -€326 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | -€93,156 | €5,451 | +€98,607 | |
| Profit (loss) for the period | 9904 | -€93,156 | €5,451 | +€98,607 | |
| Profit (loss) for the period to be appropriated | 9905 | -€93,156 | €5,451 | +€98,607 |
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 8 October 2026 via checked.be.