CHANGE: 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.
CHANGE
Largest movements
- Cash -€6,502
down €6,502 (-10.8%), from €60,416 to €53,913
mainly Other debts (-€6,657) and Receivables within one year (-€5,916)
- Receivables within one year +€5,916
up €5,916 (+949.9%), from €623 to €6,539
- Financial fixed assets +€1,650
new in 2025: €1,650
- Profit (loss) carried forward +€15,674
up €15,674 (+24.5%), from -€63,971 to -€48,296
- Other debts -€6,657
down €6,657 (-17.8%), from €37,450 to €30,794
- Trade debts -€5,065
down €5,065 (-37.7%), from €13,452 to €8,387
- Tax, wage and social debts -€2,966
down €2,966 (-21.4%), from €13,860 to €10,894
of which Taxes: -€1,816
- Gross operating margin -€35,482
down €35,482 (-37.6%), from €94,469 to €58,987
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 | €62,792 | €63,778 | +€987 | +1.6% |
| Fixed assets | 21/28 | - | €1,650 | +€1,650 | |
| Financial fixed assets | 28 | - | €1,650 | +€1,650 | |
| Current assets | 29/58 | €62,792 | €62,128 | -€663 | -1.1% |
| Stocks and contracts in progress | 3 | €1,753 | €1,676 | -€77 | -4.4% |
| Stocks | 30/36 | €1,753 | €1,676 | -€77 | -4.4% |
| Amounts receivable within one year | 40/41 | €623 | €6,539 | +€5,916 | +949.9% |
| Trade receivables | 40 | €623 | €6,539 | +€5,916 | +949.9% |
| Cash at bank and in hand | 54/58 | €60,416 | €53,913 | -€6,502 | -10.8% |
| Total equity and liabilities | 10/49 | €62,792 | €63,778 | +€987 | +1.6% |
| Equity | 10/15 | -€1,971 | €13,704 | +€15,674 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,971 | -€48,296 | +€15,674 | +24.5% |
| Amounts payable | 17/49 | €64,762 | €50,075 | -€14,688 | -22.7% |
| Amounts payable within one year | 42/48 | €64,762 | €50,075 | -€14,688 | -22.7% |
| Trade debts | 44 | €13,452 | €8,387 | -€5,065 | -37.7% |
| Suppliers | 440/4 | €13,452 | €8,387 | -€5,065 | -37.7% |
| Taxes, remuneration and social security | 45 | €13,860 | €10,894 | -€2,966 | -21.4% |
| Taxes | 450/3 | €9,122 | €7,306 | -€1,816 | -19.9% |
| Remuneration and social security | 454/9 | €4,738 | €3,588 | -€1,150 | -24.3% |
| Other amounts payable | 47/48 | €37,450 | €30,794 | -€6,657 | -17.8% |
| Remuneration, social security and pensions | 62 | €41,559 | €42,129 | +€570 | +1.4% |
| Other operating charges | 640/8 | €732 | €1,120 | +€387 | +52.9% |
| Gross operating margin | 9900 | €94,469 | €58,987 | -€35,482 | -37.6% |
| Operating profit (loss) | 9901 | €52,178 | €15,738 | -€36,440 | -69.8% |
| Financial charges | 65/66B | €84 | €64 | -€20 | -24.2% |
| Recurring financial charges | 65 | €84 | €64 | -€20 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €52,094 | €15,674 | -€36,419 | -69.9% |
| Profit (loss) for the period | 9904 | €52,094 | €15,674 | -€36,419 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,094 | €15,674 | -€36,419 | -69.9% |
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 9 October 2026 via checked.be.