CASES STUDIES: 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.
CASES STUDIES
Largest movements
- Tangible fixed assets -€1,519
down €1,519 (-50.0%), from €3,039 to €1,519
- Profit (loss) carried forward -€2,866
down €2,866 (-21.0%), from -€13,654 to -€16,520
- Trade debts +€1,391
up €1,391 (+127.0%), from €1,095 to €2,487
- Short-term financial debts +€1,005
up €1,005, from €0 to €1,005
- Other debts -€900
down €900 (-2.3%), from €39,000 to €38,100
- Financial income -€1,735
down €1,735 (-100.0%), from €1,735 to €0
- Gross operating margin +€197
up €197 (+19.8%), from -€997 to -€799
- Financial charges +€144
up €144 (+4814.0%), from €3 to €147
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 | €32,764 | €31,296 | -€1,468 | -4.5% |
| Fixed assets | 21/28 | €3,039 | €1,519 | -€1,519 | -50.0% |
| Tangible fixed assets | 22/27 | €3,039 | €1,519 | -€1,519 | -50.0% |
| Plant, machinery and equipment | 23 | €3,039 | €1,519 | -€1,519 | -50.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €29,725 | €29,777 | +€52 | +0.2% |
| Amounts receivable within one year | 40/41 | €29,721 | €29,777 | +€56 | +0.2% |
| Other amounts receivable | 41 | €29,721 | €29,777 | +€56 | +0.2% |
| Cash at bank and in hand | 54/58 | €5 | €0 | -€5 | -100.0% |
| Total equity and liabilities | 10/49 | €32,764 | €31,296 | -€1,468 | -4.5% |
| Equity | 10/15 | -€7,429 | -€10,295 | -€2,866 | -38.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24 | €24 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24 | €24 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24 | €24 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,654 | -€16,520 | -€2,866 | -21.0% |
| Amounts payable | 17/49 | €40,193 | €41,591 | +€1,398 | +3.5% |
| Amounts payable within one year | 42/48 | €40,193 | €41,591 | +€1,398 | +3.5% |
| Financial debts | 43 | €0 | €1,005 | +€1,005 | |
| Credit institutions | 430/8 | €0 | €1,005 | +€1,005 | |
| Trade debts | 44 | €1,095 | €2,487 | +€1,391 | +127.0% |
| Suppliers | 440/4 | €1,095 | €2,487 | +€1,391 | +127.0% |
| Taxes, remuneration and social security | 45 | €98 | €0 | -€98 | -100.0% |
| Taxes | 450/3 | €98 | €0 | -€98 | -100.0% |
| Other amounts payable | 47/48 | €39,000 | €38,100 | -€900 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,519 | €1,519 | = | 0.0% |
| Other operating charges | 640/8 | €397 | €400 | +€3 | +0.6% |
| Non-recurring operating charges | 66A | €2,137 | €0 | -€2,137 | -100.0% |
| Gross operating margin | 9900 | -€997 | -€799 | +€197 | +19.8% |
| Operating profit (loss) | 9901 | -€5,050 | -€2,718 | +€2,331 | +46.2% |
| Financial income | 75/76B | €1,735 | €0 | -€1,735 | -100.0% |
| Recurring financial income | 75 | €1,735 | €0 | -€1,735 | -100.0% |
| Financial charges | 65/66B | €3 | €147 | +€144 | +4814.0% |
| Recurring financial charges | 65 | €3 | €147 | +€144 | +4814.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,318 | -€2,866 | +€452 | +13.6% |
| Profit (loss) for the period | 9904 | -€3,318 | -€2,866 | +€452 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,318 | -€2,866 | +€452 | +13.6% |
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 10 October 2026 via checked.be.