CHANGE UP: 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 UP
Largest movements
- Cash +€3,921
up €3,921 (+35.8%), from €10,945 to €14,866
mainly Net result for the year (+€5,238) and Investment in fixed assets (net) (+€3,171)
- Tangible fixed assets -€3,171
no longer reported in 2025 (was €3,171)
of which Furniture and vehicles: -€2,500
- Receivables within one year -€3,096
no longer reported in 2025 (was €3,096)
of which Trade receivables: -€2,434
- Deferred charges and accrued income -€385
no longer reported in 2025 (was €385)
- Trade debts -€8,533
no longer reported in 2025 (was €8,533)
of which Bills of exchange payable: -€5,674
- Profit (loss) carried forward +€5,238
up €5,238 (+1.1%), from -€493,876 to -€488,638
- Other debts +€564
up €564 (+0.1%), from €482,941 to €483,505
- Gross operating margin +€15,105
up €15,105, from -€6,375 to €8,731
- Depreciation -€668
no longer reported in 2025 (was €668)
- Other operating charges -€151
down €151 (-26.6%), from €568 to €417
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.
Derived cash bridge
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 | €17,597 | €14,866 | -€2,731 | -15.5% |
| Fixed assets | 21/28 | €3,171 | - | -€3,171 | |
| Tangible fixed assets | 22/27 | €3,171 | - | -€3,171 | |
| Plant, machinery and equipment | 23 | €671 | - | -€671 | |
| Furniture and vehicles | 24 | €2,500 | - | -€2,500 | |
| Current assets | 29/58 | €14,427 | €14,866 | +€440 | +3.0% |
| Amounts receivable within one year | 40/41 | €3,096 | - | -€3,096 | |
| Trade receivables | 40 | €2,434 | - | -€2,434 | |
| Other amounts receivable | 41 | €662 | - | -€662 | |
| Cash at bank and in hand | 54/58 | €10,945 | €14,866 | +€3,921 | +35.8% |
| Deferred charges and accrued income | 490/1 | €385 | - | -€385 | |
| Total equity and liabilities | 10/49 | €17,597 | €14,866 | -€2,731 | -15.5% |
| Equity | 10/15 | -€473,876 | -€468,638 | +€5,238 | +1.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€493,876 | -€488,638 | +€5,238 | +1.1% |
| Amounts payable | 17/49 | €491,474 | €483,505 | -€7,969 | -1.6% |
| Amounts payable within one year | 42/48 | €491,474 | €483,505 | -€7,969 | -1.6% |
| Trade debts | 44 | €8,533 | - | -€8,533 | |
| Suppliers | 440/4 | €2,859 | - | -€2,859 | |
| Bills of exchange payable | 441 | €5,674 | - | -€5,674 | |
| Other amounts payable | 47/48 | €482,941 | €483,505 | +€564 | +0.1% |
| Non-recurring operating income | 76A | - | €794 | +€794 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €668 | - | -€668 | |
| Other operating charges | 640/8 | €568 | €417 | -€151 | -26.6% |
| Non-recurring operating charges | 66A | €4,200 | €2,971 | -€1,229 | -29.3% |
| Gross operating margin | 9900 | -€6,375 | €8,731 | +€15,105 | |
| Operating profit (loss) | 9901 | -€11,810 | €5,343 | +€17,153 | |
| Financial charges | 65/66B | €104 | €105 | +€2 | +1.4% |
| Recurring financial charges | 65 | €104 | €105 | +€2 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,913 | €5,238 | +€17,151 | |
| Profit (loss) for the period | 9904 | -€11,913 | €5,238 | +€17,151 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,913 | €5,238 | +€17,151 |
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 20 October 2026 via checked.be.