CashCow: 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.
CashCow
Largest movements
- Receivables within one year -€1,807
down €1,807 (-48.7%), from €3,712 to €1,905
of which Trade receivables: -€1,360
- Cash -€203
down €203 (-57.3%), from €355 to €151
mainly Trade debts (-€2,178) and Net result for the year (-€672)
- Trade debts -€2,178
down €2,178 (-78.5%), from €2,774 to €596
- Other debts +€840
up €840 (+6.2%), from €13,648 to €14,488
- Profit (loss) carried forward -€672
down €672 (-3.2%), from -€21,232 to -€21,904
- Other operating charges +€387
new in 2025: €387
- Gross operating margin -€152
down €152 (-802.4%), from -€19 to -€171
- Financial charges +€113
new in 2025: €113
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 | €4,066 | €2,056 | -€2,010 | -49.4% |
| Current assets | 29/58 | €4,066 | €2,056 | -€2,010 | -49.4% |
| Amounts receivable within one year | 40/41 | €3,712 | €1,905 | -€1,807 | -48.7% |
| Trade receivables | 40 | €3,186 | €1,826 | -€1,360 | -42.7% |
| Other amounts receivable | 41 | €526 | €79 | -€447 | -84.9% |
| Cash at bank and in hand | 54/58 | €355 | €151 | -€203 | -57.3% |
| Total equity and liabilities | 10/49 | €4,066 | €2,056 | -€2,010 | -49.4% |
| Equity | 10/15 | -€14,932 | -€15,604 | -€672 | -4.5% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,232 | -€21,904 | -€672 | -3.2% |
| Amounts payable | 17/49 | €18,999 | €17,660 | -€1,338 | -7.0% |
| Amounts payable within one year | 42/48 | €18,999 | €17,660 | -€1,338 | -7.0% |
| Financial debts | 43 | €2,577 | €2,577 | = | 0.0% |
| Credit institutions | 430/8 | €2,577 | €2,577 | = | 0.0% |
| Trade debts | 44 | €2,774 | €596 | -€2,178 | -78.5% |
| Suppliers | 440/4 | €2,774 | €596 | -€2,178 | -78.5% |
| Other amounts payable | 47/48 | €13,648 | €14,488 | +€840 | +6.2% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | -€19 | -€171 | -€152 | -802.4% |
| Operating profit (loss) | 9901 | -€19 | -€558 | -€539 | -2845.3% |
| Financial charges | 65/66B | - | €113 | +€113 | |
| Recurring financial charges | 65 | - | €113 | +€113 | |
| Profit (loss) for the period before taxes | 9903 | -€19 | -€672 | -€653 | -3442.9% |
| Profit (loss) for the period | 9904 | -€19 | -€672 | -€653 | -3442.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€19 | -€672 | -€653 | -3442.9% |
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 11 October 2026 via checked.be.