BY YOUR SIDE 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.
BY YOUR SIDE Management
Largest movements
- Receivables within one year -€3,029
down €3,029 (-17.0%), from €17,831 to €14,802
of which Other amounts receivable: -€3,414
- Tax, wage and social debts -€3,392
down €3,392 (-96.4%), from €3,520 to €128
- Trade debts +€1,585
up €1,585 (+13.9%), from €11,378 to €12,963
- Profit (loss) carried forward -€1,223
down €1,223, from €670 to -€552
- Gross operating margin +€7,480
up €7,480 (+86.2%), from -€8,680 to -€1,200
- Other operating charges -€164
no longer reported in 2025 (was €164)
- Taxes -€128
no longer reported in 2025 (was €128)
- Financial charges -€103
down €103 (-82.0%), from €126 to €23
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 | €18,068 | €15,038 | -€3,029 | -16.8% |
| Current assets | 29/58 | €18,068 | €15,038 | -€3,029 | -16.8% |
| Amounts receivable within one year | 40/41 | €17,831 | €14,802 | -€3,029 | -17.0% |
| Trade receivables | 40 | €10,725 | €11,110 | +€385 | +3.6% |
| Other amounts receivable | 41 | €7,106 | €3,692 | -€3,414 | -48.0% |
| Cash at bank and in hand | 54/58 | €237 | €237 | = | 0.0% |
| Total equity and liabilities | 10/49 | €18,068 | €15,038 | -€3,029 | -16.8% |
| Equity | 10/15 | €3,170 | €1,948 | -€1,223 | -38.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €670 | -€552 | -€1,223 | |
| Amounts payable | 17/49 | €14,897 | €13,091 | -€1,807 | -12.1% |
| Amounts payable within one year | 42/48 | €14,897 | €13,091 | -€1,807 | -12.1% |
| Trade debts | 44 | €11,378 | €12,963 | +€1,585 | +13.9% |
| Suppliers | 440/4 | €11,378 | €12,963 | +€1,585 | +13.9% |
| Taxes, remuneration and social security | 45 | €3,520 | €128 | -€3,392 | -96.4% |
| Taxes | 450/3 | €3,520 | €128 | -€3,392 | -96.4% |
| Other operating charges | 640/8 | €164 | - | -€164 | |
| Gross operating margin | 9900 | -€8,680 | -€1,200 | +€7,480 | +86.2% |
| Operating profit (loss) | 9901 | -€8,844 | -€1,200 | +€7,644 | +86.4% |
| Financial charges | 65/66B | €126 | €23 | -€103 | -82.0% |
| Recurring financial charges | 65 | €126 | €23 | -€103 | -82.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,970 | -€1,223 | +€7,747 | +86.4% |
| Income taxes | 67/77 | €128 | - | -€128 | |
| Profit (loss) for the period | 9904 | -€9,098 | -€1,223 | +€7,875 | +86.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,098 | -€1,223 | +€7,875 | +86.6% |
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 23 October 2026 via checked.be.