CASE SENSITIVE: 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.
CASE SENSITIVE
Largest movements
- Receivables within one year -€3,088
down €3,088 (-4.8%), from €64,015 to €60,927
of which Trade receivables: -€7,040
- Cash -€2,453
down €2,453 (-94.0%), from €2,609 to €156
mainly Net result for the year (-€2,913) and Trade debts (-€1,483)
- Profit (loss) carried forward -€2,913
down €2,913 (-11.9%), from €24,565 to €21,651
- Trade debts -€1,483
down €1,483 (-93.5%), from €1,586 to €103
- Tax, wage and social debts -€763
down €763 (-21.9%), from €3,478 to €2,715
- Gross operating margin -€8,311
down €8,311, from €7,572 to -€739
- Taxes -€1,882
down €1,882 (-89.2%), from €2,109 to €228
- Financial charges -€735
down €735 (-18.1%), from €4,052 to €3,317
- Financial income +€283
up €283 (+10.2%), from €2,779 to €3,062
- Depreciation +€229
up €229 (+37.8%), from €605 to €833
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 | €68,239 | €63,080 | -€5,159 | -7.6% |
| Fixed assets | 21/28 | €1,614 | €1,997 | +€382 | +23.7% |
| Tangible fixed assets | 22/27 | €1,614 | €1,997 | +€382 | +23.7% |
| Furniture and vehicles | 24 | €1,614 | €1,997 | +€382 | +23.7% |
| Current assets | 29/58 | €66,625 | €61,083 | -€5,541 | -8.3% |
| Amounts receivable within one year | 40/41 | €64,015 | €60,927 | -€3,088 | -4.8% |
| Trade receivables | 40 | €7,040 | €0 | -€7,040 | -100.0% |
| Other amounts receivable | 41 | €56,975 | €60,927 | +€3,952 | +6.9% |
| Cash at bank and in hand | 54/58 | €2,609 | €156 | -€2,453 | -94.0% |
| Total equity and liabilities | 10/49 | €68,239 | €63,080 | -€5,159 | -7.6% |
| Equity | 10/15 | €63,175 | €60,261 | -€2,913 | -4.6% |
| Contributions | 10/11 | €15,210 | €15,210 | = | 0.0% |
| Reserves | 13 | €23,400 | €23,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €21,545 | €21,545 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,565 | €21,651 | -€2,913 | -11.9% |
| Amounts payable | 17/49 | €5,064 | €2,819 | -€2,246 | -44.3% |
| Amounts payable within one year | 42/48 | €5,064 | €2,819 | -€2,246 | -44.3% |
| Trade debts | 44 | €1,586 | €103 | -€1,483 | -93.5% |
| Suppliers | 440/4 | €1,586 | €103 | -€1,483 | -93.5% |
| Taxes, remuneration and social security | 45 | €3,478 | €2,715 | -€763 | -21.9% |
| Taxes | 450/3 | €3,478 | €2,715 | -€763 | -21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €605 | €833 | +€229 | +37.8% |
| Other operating charges | 640/8 | €1,010 | €858 | -€151 | -15.0% |
| Gross operating margin | 9900 | €7,572 | -€739 | -€8,311 | |
| Operating profit (loss) | 9901 | €5,958 | -€2,431 | -€8,389 | |
| Financial income | 75/76B | €2,779 | €3,062 | +€283 | +10.2% |
| Recurring financial income | 75 | €2,779 | €3,062 | +€283 | +10.2% |
| Financial charges | 65/66B | €4,052 | €3,317 | -€735 | -18.1% |
| Recurring financial charges | 65 | €4,052 | €3,317 | -€735 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €4,685 | -€2,686 | -€7,371 | |
| Income taxes | 67/77 | €2,109 | €228 | -€1,882 | -89.2% |
| Profit (loss) for the period | 9904 | €2,576 | -€2,913 | -€5,489 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,576 | -€2,913 | -€5,489 |
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 7 October 2026 via checked.be.