CERTIFIED CLEAN: 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.
CERTIFIED CLEAN
Largest movements
- Cash -€19,454
down €19,454 (-60.9%), from €31,936 to €12,481
mainly Investment in fixed assets (net) (-€24,985) and Net result for the year (-€6,193)
- Tangible fixed assets +€18,968
up €18,968 (+979.3%), from €1,937 to €20,905
- Intangible fixed assets +€3,261
new in 2025: €3,261
- Receivables within one year +€2,158
up €2,158 (+36.9%), from €5,846 to €8,004
of which Other amounts receivable: +€4,719
- Deferred charges and accrued income +€955
up €955 (+285.2%), from €335 to €1,290
- Reserves -€6,193
down €6,193 (-22.5%), from €27,483 to €21,290
- Current portion of long-term debt +€5,488
new in 2025: €5,488
- Debts after one year +€3,899
new in 2025: €3,899
- Tax, wage and social debts +€1,980
up €1,980 (+29.2%), from €6,792 to €8,772
of which Remuneration and social security: +€2,643
- Trade debts +€1,194
up €1,194 (+253.2%), from €471 to €1,665
- Gross operating margin -€28,603
down €28,603, from €25,872 to -€2,730
- Taxes -€5,110
down €5,110 (-100.0%), from €5,110 to €0
- Depreciation +€2,326
up €2,326 (+540.2%), from €431 to €2,756
- Financial charges +€354
up €354 (+501.4%), from €71 to €424
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 | €40,054 | €45,942 | +€5,888 | +14.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,937 | €24,166 | +€22,229 | +1147.6% |
| Intangible fixed assets | 21 | - | €3,261 | +€3,261 | |
| Tangible fixed assets | 22/27 | €1,937 | €20,905 | +€18,968 | +979.3% |
| Furniture and vehicles | 24 | €1,937 | €20,905 | +€18,968 | +979.3% |
| Current assets | 29/58 | €38,117 | €21,776 | -€16,341 | -42.9% |
| Amounts receivable within one year | 40/41 | €5,846 | €8,004 | +€2,158 | +36.9% |
| Trade receivables | 40 | €5,161 | €2,600 | -€2,561 | -49.6% |
| Other amounts receivable | 41 | €685 | €5,404 | +€4,719 | +688.8% |
| Cash at bank and in hand | 54/58 | €31,936 | €12,481 | -€19,454 | -60.9% |
| Deferred charges and accrued income | 490/1 | €335 | €1,290 | +€955 | +285.2% |
| Total equity and liabilities | 10/49 | €40,054 | €45,942 | +€5,888 | +14.7% |
| Equity | 10/15 | €30,483 | €24,290 | -€6,193 | -20.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €27,483 | €21,290 | -€6,193 | -22.5% |
| Distributable reserves | 133 | €27,483 | €21,290 | -€6,193 | -22.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €9,570 | €21,652 | +€12,081 | +126.2% |
| Amounts payable after more than one year | 17 | - | €3,899 | +€3,899 | |
| Financial debts | 170/4 | - | €3,899 | +€3,899 | |
| Amounts payable within one year | 42/48 | €9,570 | €17,753 | +€8,182 | +85.5% |
| Current portion of amounts payable after more than one year | 42 | - | €5,488 | +€5,488 | |
| Trade debts | 44 | €471 | €1,665 | +€1,194 | +253.2% |
| Suppliers | 440/4 | €471 | €1,665 | +€1,194 | +253.2% |
| Taxes, remuneration and social security | 45 | €6,792 | €8,772 | +€1,980 | +29.2% |
| Taxes | 450/3 | €6,792 | €6,129 | -€663 | -9.8% |
| Remuneration and social security | 454/9 | €0 | €2,643 | +€2,643 | |
| Other amounts payable | 47/48 | €2,307 | €1,828 | -€479 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €431 | €2,756 | +€2,326 | +540.2% |
| Other operating charges | 640/8 | €126 | €283 | +€157 | +124.4% |
| Gross operating margin | 9900 | €25,872 | -€2,730 | -€28,603 | |
| Operating profit (loss) | 9901 | €25,316 | -€5,769 | -€31,085 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +800.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +800.0% |
| Financial charges | 65/66B | €71 | €424 | +€354 | +501.4% |
| Recurring financial charges | 65 | €71 | €424 | +€354 | +501.4% |
| Profit (loss) for the period before taxes | 9903 | €25,245 | -€6,193 | -€31,439 | |
| Income taxes | 67/77 | €5,110 | €0 | -€5,110 | -100.0% |
| Profit (loss) for the period | 9904 | €20,135 | -€6,193 | -€26,328 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,135 | -€6,193 | -€26,328 |
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 6 October 2026 via checked.be.