CALLING INTUITION: 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.
CALLING INTUITION
Largest movements
- Tangible fixed assets -€9,700
down €9,700 (-49.1%), from €19,742 to €10,042
of which Plant, machinery and equipment: -€8,848
- Cash -€5,140
down €5,140 (-20.3%), from €25,285 to €20,145
mainly Net result for the year (-€23,494) and Receivables within one year (-€2,487)
- Receivables within one year +€2,487
up €2,487 (+725.4%), from €343 to €2,830
- Deferred charges and accrued income -€2,034
down €2,034 (-65.4%), from €3,110 to €1,076
- Profit (loss) carried forward -€23,494
down €23,494 (-58.0%), from -€40,518 to -€64,012
- Other debts +€9,099
up €9,099 (+38.6%), from €23,578 to €32,677
- Depreciation +€613
up €613 (+6.7%), from €9,087 to €9,700
- Gross operating margin -€574
down €574 (-4.9%), from -€11,797 to -€12,370
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 | €48,530 | €34,143 | -€14,387 | -29.6% |
| Fixed assets | 21/28 | €19,792 | €10,092 | -€9,700 | -49.0% |
| Tangible fixed assets | 22/27 | €19,742 | €10,042 | -€9,700 | -49.1% |
| Plant, machinery and equipment | 23 | €17,816 | €8,968 | -€8,848 | -49.7% |
| Furniture and vehicles | 24 | €1,926 | €1,074 | -€852 | -44.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €28,738 | €24,051 | -€4,687 | -16.3% |
| Amounts receivable within one year | 40/41 | €343 | €2,830 | +€2,487 | +725.4% |
| Other amounts receivable | 41 | €343 | €2,830 | +€2,487 | +725.4% |
| Cash at bank and in hand | 54/58 | €25,285 | €20,145 | -€5,140 | -20.3% |
| Deferred charges and accrued income | 490/1 | €3,110 | €1,076 | -€2,034 | -65.4% |
| Total equity and liabilities | 10/49 | €48,530 | €34,143 | -€14,387 | -29.6% |
| Equity | 10/15 | -€26,258 | -€49,752 | -€23,494 | -89.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 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 | -€40,518 | -€64,012 | -€23,494 | -58.0% |
| Amounts payable | 17/49 | €74,788 | €83,895 | +€9,107 | +12.2% |
| Amounts payable after more than one year | 17 | €50,900 | €50,900 | = | 0.0% |
| Other amounts payable | 178/9 | €50,900 | €50,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,888 | €32,995 | +€9,107 | +38.1% |
| Taxes, remuneration and social security | 45 | €310 | €318 | +€9 | +2.8% |
| Taxes | 450/3 | €310 | €318 | +€9 | +2.8% |
| Other amounts payable | 47/48 | €23,578 | €32,677 | +€9,099 | +38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,087 | €9,700 | +€613 | +6.7% |
| Other operating charges | 640/8 | €950 | €932 | -€19 | -2.0% |
| Gross operating margin | 9900 | -€11,797 | -€12,370 | -€574 | -4.9% |
| Operating profit (loss) | 9901 | -€21,834 | -€23,002 | -€1,168 | -5.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €193 | €174 | -€19 | -10.0% |
| Recurring financial charges | 65 | €193 | €174 | -€19 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€22,027 | -€23,176 | -€1,149 | -5.2% |
| Income taxes | 67/77 | €310 | €318 | +€8 | +2.7% |
| Profit (loss) for the period | 9904 | -€22,337 | -€23,494 | -€1,157 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,337 | -€23,494 | -€1,157 | -5.2% |
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 10 October 2026 via checked.be.