CHAKE UP: 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.
CHAKE UP
Largest movements
- Stocks and contracts -€3,497
no longer reported in 2025 (was €3,497)
- Tangible fixed assets -€2,112
down €2,112 (-13.5%), from €15,671 to €13,559
of which Other tangible fixed assets: -€2,396
- Receivables within one year +€1,869
up €1,869 (+4.0%), from €46,671 to €48,540
of which Trade receivables: +€1,152
- Deferred charges and accrued income +€730
new in 2025: €730
- Profit (loss) carried forward +€7,100
up €7,100 (+387.0%), from €1,835 to €8,934
- Other debts +€6,719
up €6,719 (+142.2%), from €4,726 to €11,444
- Current portion of long-term debt -€6,207
no longer reported in 2025 (was €6,207)
- Tax, wage and social debts -€4,376
no longer reported in 2025 (was €4,376)
- Short-term financial debts -€3,857
down €3,857 (-72.0%), from €5,354 to €1,497
- Gross operating margin +€34,616
up €34,616, from -€19,520 to €15,096
- Depreciation -€2,131
down €2,131 (-27.4%), from €7,783 to €5,652
- Other operating charges +€1,972
new in 2025: €1,972
- Financial charges -€1,644
down €1,644 (-63.7%), from €2,580 to €937
- Financial income -€790
down €790 (-58.0%), from €1,361 to €571
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,087 | €68,076 | -€3,011 | -4.2% |
| Fixed assets | 21/28 | €20,918 | €18,806 | -€2,112 | -10.1% |
| Tangible fixed assets | 22/27 | €15,671 | €13,559 | -€2,112 | -13.5% |
| Furniture and vehicles | 24 | €3,061 | €3,345 | +€284 | +9.3% |
| Other tangible fixed assets | 26 | €12,610 | €10,214 | -€2,396 | -19.0% |
| Financial fixed assets | 28 | €5,248 | €5,248 | = | 0.0% |
| Current assets | 29/58 | €50,168 | €49,270 | -€898 | -1.8% |
| Stocks and contracts in progress | 3 | €3,497 | - | -€3,497 | |
| Stocks | 30/36 | €3,497 | - | -€3,497 | |
| Amounts receivable within one year | 40/41 | €46,671 | €48,540 | +€1,869 | +4.0% |
| Trade receivables | 40 | €26,081 | €27,233 | +€1,152 | +4.4% |
| Other amounts receivable | 41 | €20,590 | €21,307 | +€717 | +3.5% |
| Deferred charges and accrued income | 490/1 | - | €730 | +€730 | |
| Total equity and liabilities | 10/49 | €71,087 | €68,076 | -€3,011 | -4.2% |
| Equity | 10/15 | €9,895 | €16,994 | +€7,100 | +71.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 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 | €1,835 | €8,934 | +€7,100 | +387.0% |
| Amounts payable | 17/49 | €61,192 | €51,082 | -€10,110 | -16.5% |
| Amounts payable within one year | 42/48 | €48,071 | €37,961 | -€10,110 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €6,207 | - | -€6,207 | |
| Financial debts | 43 | €5,354 | €1,497 | -€3,857 | -72.0% |
| Credit institutions | 430/8 | €5,354 | €1,497 | -€3,857 | -72.0% |
| Trade debts | 44 | €27,410 | €25,020 | -€2,390 | -8.7% |
| Suppliers | 440/4 | €27,410 | €25,020 | -€2,390 | -8.7% |
| Taxes, remuneration and social security | 45 | €4,376 | - | -€4,376 | |
| Taxes | 450/3 | €4,376 | - | -€4,376 | |
| Other amounts payable | 47/48 | €4,726 | €11,444 | +€6,719 | +142.2% |
| Accrued charges and deferred income | 492/3 | €13,121 | €13,121 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,783 | €5,652 | -€2,131 | -27.4% |
| Other operating charges | 640/8 | - | €1,972 | +€1,972 | |
| Gross operating margin | 9900 | -€19,520 | €15,096 | +€34,616 | |
| Operating profit (loss) | 9901 | -€27,303 | €7,472 | +€34,775 | |
| Financial income | 75/76B | €1,361 | €571 | -€790 | -58.0% |
| Recurring financial income | 75 | €1,361 | €571 | -€790 | -58.0% |
| Financial charges | 65/66B | €2,580 | €937 | -€1,644 | -63.7% |
| Recurring financial charges | 65 | €2,580 | €937 | -€1,644 | -63.7% |
| Profit (loss) for the period before taxes | 9903 | -€28,523 | €7,107 | +€35,629 | |
| Income taxes | 67/77 | - | €7 | +€7 | |
| Profit (loss) for the period | 9904 | -€28,523 | €7,100 | +€35,622 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,523 | €7,100 | +€35,622 |
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 3 October 2026 via checked.be.