Chapter84: 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.
Chapter84
Largest movements
- Receivables within one year -€31,998
down €31,998 (-84.3%), from €37,978 to €5,980
of which Other amounts receivable: -€19,960
- Tangible fixed assets -€9,605
down €9,605 (-65.4%), from €14,690 to €5,085
of which Furniture and vehicles: -€9,076
- Deferred charges and accrued income +€915
new in 2025: €915
- Current investments +€841
up €841 (+161.2%), from €522 to €1,362
- Profit (loss) carried forward -€30,212
down €30,212, from €27,851 to -€2,361
- Tax, wage and social debts -€6,922
down €6,922 (-99.1%), from €6,987 to €65
- Debts after one year -€4,383
down €4,383 (-37.1%), from €11,816 to €7,433
- Other debts +€2,353
up €2,353 (+192.8%), from €1,220 to €3,574
- Trade debts -€1,188
down €1,188 (-52.0%), from €2,282 to €1,095
- Gross operating margin -€49,658
down €49,658, from €30,734 to -€18,925
- Taxes -€4,457
down €4,457 (-98.6%), from €4,523 to €65
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 | €55,316 | €15,189 | -€40,126 | -72.5% |
| Fixed assets | 21/28 | €14,690 | €5,085 | -€9,605 | -65.4% |
| Tangible fixed assets | 22/27 | €14,690 | €5,085 | -€9,605 | -65.4% |
| Plant, machinery and equipment | 23 | €640 | €112 | -€529 | -82.6% |
| Furniture and vehicles | 24 | €14,050 | €4,973 | -€9,076 | -64.6% |
| Current assets | 29/58 | €40,626 | €10,104 | -€30,521 | -75.1% |
| Amounts receivable within one year | 40/41 | €37,978 | €5,980 | -€31,998 | -84.3% |
| Trade receivables | 40 | €16,878 | €4,840 | -€12,038 | -71.3% |
| Other amounts receivable | 41 | €21,100 | €1,140 | -€19,960 | -94.6% |
| Current investments | 50/53 | €522 | €1,362 | +€841 | +161.2% |
| Cash at bank and in hand | 54/58 | €2,126 | €1,848 | -€279 | -13.1% |
| Deferred charges and accrued income | 490/1 | - | €915 | +€915 | |
| Total equity and liabilities | 10/49 | €55,316 | €15,189 | -€40,126 | -72.5% |
| Equity | 10/15 | €28,851 | -€1,361 | -€30,212 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,851 | -€2,361 | -€30,212 | |
| Amounts payable | 17/49 | €26,464 | €16,550 | -€9,914 | -37.5% |
| Amounts payable after more than one year | 17 | €11,816 | €7,433 | -€4,383 | -37.1% |
| Financial debts | 170/4 | €11,816 | €7,433 | -€4,383 | -37.1% |
| Amounts payable within one year | 42/48 | €14,648 | €9,117 | -€5,531 | -37.8% |
| Current portion of amounts payable after more than one year | 42 | €4,158 | €4,383 | +€226 | +5.4% |
| Trade debts | 44 | €2,282 | €1,095 | -€1,188 | -52.0% |
| Suppliers | 440/4 | €2,282 | €1,095 | -€1,188 | -52.0% |
| Taxes, remuneration and social security | 45 | €6,987 | €65 | -€6,922 | -99.1% |
| Taxes | 450/3 | €6,987 | €65 | -€6,922 | -99.1% |
| Other amounts payable | 47/48 | €1,220 | €3,574 | +€2,353 | +192.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,605 | €9,605 | +€0 | 0.0% |
| Other operating charges | 640/8 | €466 | €762 | +€296 | +63.4% |
| Gross operating margin | 9900 | €30,734 | -€18,925 | -€49,658 | |
| Operating profit (loss) | 9901 | €20,662 | -€29,292 | -€49,954 | |
| Financial income | 75/76B | €8 | €9 | +€1 | +13.1% |
| Recurring financial income | 75 | €8 | €9 | +€1 | +13.1% |
| Financial charges | 65/66B | €997 | €865 | -€133 | -13.3% |
| Recurring financial charges | 65 | €997 | €865 | -€133 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €19,673 | -€30,147 | -€49,820 | |
| Income taxes | 67/77 | €4,523 | €65 | -€4,457 | -98.6% |
| Profit (loss) for the period | 9904 | €15,150 | -€30,212 | -€45,363 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,150 | -€30,212 | -€45,363 |
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 4 October 2026 via checked.be.