Built-up: 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.
Built-up
Largest movements
- Cash -€47,087
down €47,087 (-91.4%), from €51,543 to €4,455
mainly Other debts (-€38,665) and Receivables within one year (-€8,183)
- Receivables within one year +€8,183
up €8,183 (+541.5%), from €1,511 to €9,694
of which Trade receivables: +€8,871
- Tangible fixed assets -€2,544
down €2,544 (-28.8%), from €8,831 to €6,287
of which Furniture and vehicles: -€1,310
- Other debts -€38,665
down €38,665 (-97.6%), from €39,624 to €959
- Profit (loss) carried forward -€6,843
down €6,843, from €724 to -€6,120
- Tax, wage and social debts +€4,035
up €4,035 (+183.4%), from €2,200 to €6,235
of which Taxes: +€2,370
- Gross operating margin -€46,690
down €46,690, from €43,903 to -€2,787
- Taxes -€9,056
down €9,056 (-98.1%), from €9,233 to €177
- Depreciation -€628
down €628 (-19.8%), from €3,172 to €2,544
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 | €62,976 | €21,580 | -€41,396 | -65.7% |
| Fixed assets | 21/28 | €8,831 | €6,287 | -€2,544 | -28.8% |
| Tangible fixed assets | 22/27 | €8,831 | €6,287 | -€2,544 | -28.8% |
| Land and buildings | 22 | €1,025 | €513 | -€513 | -50.0% |
| Furniture and vehicles | 24 | €2,826 | €1,517 | -€1,310 | -46.3% |
| Other tangible fixed assets | 26 | €4,980 | €4,258 | -€722 | -14.5% |
| Current assets | 29/58 | €54,145 | €15,293 | -€38,852 | -71.8% |
| Amounts receivable within one year | 40/41 | €1,511 | €9,694 | +€8,183 | +541.5% |
| Trade receivables | 40 | - | €8,871 | +€8,871 | |
| Other amounts receivable | 41 | €1,511 | €823 | -€688 | -45.5% |
| Cash at bank and in hand | 54/58 | €51,543 | €4,455 | -€47,087 | -91.4% |
| Deferred charges and accrued income | 490/1 | €1,091 | €1,144 | +€53 | +4.9% |
| Total equity and liabilities | 10/49 | €62,976 | €21,580 | -€41,396 | -65.7% |
| Equity | 10/15 | €20,489 | €13,646 | -€6,843 | -33.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,165 | €1,165 | = | 0.0% |
| Distributable reserves | 133 | €1,165 | €1,165 | = | 0.0% |
| Profit (loss) carried forward | 14 | €724 | -€6,120 | -€6,843 | |
| Amounts payable | 17/49 | €42,487 | €7,935 | -€34,553 | -81.3% |
| Amounts payable within one year | 42/48 | €42,487 | €7,935 | -€34,553 | -81.3% |
| Trade debts | 44 | €663 | €740 | +€77 | +11.6% |
| Suppliers | 440/4 | €663 | €740 | +€77 | +11.6% |
| Taxes, remuneration and social security | 45 | €2,200 | €6,235 | +€4,035 | +183.4% |
| Taxes | 450/3 | - | €2,370 | +€2,370 | |
| Remuneration and social security | 454/9 | €2,200 | €3,865 | +€1,665 | +75.7% |
| Other amounts payable | 47/48 | €39,624 | €959 | -€38,665 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,172 | €2,544 | -€628 | -19.8% |
| Other operating charges | 640/8 | €1,207 | €1,276 | +€69 | +5.7% |
| Gross operating margin | 9900 | €43,903 | -€2,787 | -€46,690 | |
| Operating profit (loss) | 9901 | €39,524 | -€6,607 | -€46,131 | |
| Financial income | 75/76B | €8 | €1 | -€7 | -86.3% |
| Recurring financial income | 75 | €8 | €1 | -€7 | -86.3% |
| Financial charges | 65/66B | €31 | €60 | +€30 | +95.5% |
| Recurring financial charges | 65 | €31 | €60 | +€30 | +95.5% |
| Profit (loss) for the period before taxes | 9903 | €39,501 | -€6,666 | -€46,167 | |
| Income taxes | 67/77 | €9,233 | €177 | -€9,056 | -98.1% |
| Profit (loss) for the period | 9904 | €30,268 | -€6,843 | -€37,111 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,268 | -€6,843 | -€37,111 |
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 5 October 2026 via checked.be.