Business-Locks: 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.
Business-Locks
Largest movements
- Receivables within one year -€19,852
down €19,852 (-59.8%), from €33,218 to €13,366
of which Trade receivables: -€15,843
- Tangible fixed assets +€14,475
up €14,475 (+57,167%), from €25 to €14,500
- Deferred charges and accrued income +€5,832
new in 2025: €5,832
- Cash -€1,965
down €1,965 (-99.9%), from €1,968 to €3
mainly Investment in fixed assets (net) (-€14,500) and Deferred charges and accrued income (-€5,832)
- Stocks and contracts +€600
new in 2025: €600
- Trade debts -€3,848
down €3,848 (-12.3%), from €31,384 to €27,537
- Other debts +€3,601
new in 2025: €3,601
- Profit (loss) carried forward -€663
down €663 (-24.3%), from -€2,729 to -€3,392
- Write-downs +€14,363
no longer reported in 2025 (was -€14,363)
- Gross operating margin +€13,426
up €13,426 (+96.1%), from -€13,965 to -€540
- Financial income +€341
up €341 (+6,488%), from €5 to €347
- Depreciation -€239
down €239 (-90.4%), from €264 to €25
- Financial charges +€165
up €165 (+123%), from €135 to €300
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 | €35,211 | €34,301 | -€910 | -2.6% |
| Fixed assets | 21/28 | €25 | €14,500 | +€14,475 | +57,167% |
| Tangible fixed assets | 22/27 | €25 | €14,500 | +€14,475 | +57,167% |
| Furniture and vehicles | 24 | €25 | €14,500 | +€14,475 | +57,167% |
| Current assets | 29/58 | €35,186 | €19,801 | -€15,385 | -43.7% |
| Stocks and contracts in progress | 3 | - | €600 | +€600 | |
| Stocks | 30/36 | - | €600 | +€600 | |
| Amounts receivable within one year | 40/41 | €33,218 | €13,366 | -€19,852 | -59.8% |
| Trade receivables | 40 | €19,255 | €3,412 | -€15,843 | -82.3% |
| Other amounts receivable | 41 | €13,963 | €9,954 | -€4,009 | -28.7% |
| Cash at bank and in hand | 54/58 | €1,968 | €3 | -€1,965 | -99.9% |
| Deferred charges and accrued income | 490/1 | - | €5,832 | +€5,832 | |
| Total equity and liabilities | 10/49 | €35,211 | €34,301 | -€910 | -2.6% |
| Equity | 10/15 | €2,938 | €2,275 | -€663 | -22.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,667 | €2,667 | = | 0.0% |
| Distributable reserves | 133 | €2,667 | €2,667 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,729 | -€3,392 | -€663 | -24.3% |
| Amounts payable | 17/49 | €32,273 | €32,026 | -€247 | -0.8% |
| Amounts payable within one year | 42/48 | €32,273 | €32,026 | -€247 | -0.8% |
| Trade debts | 44 | €31,384 | €27,537 | -€3,848 | -12.3% |
| Suppliers | 440/4 | €31,384 | €27,537 | -€3,848 | -12.3% |
| Taxes, remuneration and social security | 45 | €889 | €889 | = | 0.0% |
| Taxes | 450/3 | €889 | €889 | = | 0.0% |
| Other amounts payable | 47/48 | - | €3,601 | +€3,601 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €264 | €25 | -€239 | -90.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€14,363 | - | +€14,363 | |
| Other operating charges | 640/8 | €265 | €144 | -€120 | -45.5% |
| Gross operating margin | 9900 | -€13,965 | -€540 | +€13,426 | +96.1% |
| Operating profit (loss) | 9901 | -€131 | -€709 | -€579 | -443% |
| Financial income | 75/76B | €5 | €347 | +€341 | +6,488% |
| Recurring financial income | 75 | €5 | €347 | +€341 | +6,488% |
| Financial charges | 65/66B | €135 | €300 | +€165 | +123% |
| Recurring financial charges | 65 | €135 | €300 | +€165 | +123% |
| Profit (loss) for the period before taxes | 9903 | -€260 | -€663 | -€403 | -155% |
| Profit (loss) for the period | 9904 | -€260 | -€663 | -€403 | -155% |
| Profit (loss) for the period to be appropriated | 9905 | -€260 | -€663 | -€403 | -155% |
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 19 October 2026 via checked.be.