CODE 301: 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.
CODE 301
Largest movements
- Cash +€2,280
up €2,280 (+33.7%), from €6,756 to €9,037
mainly Trade debts (+€12,804) and Receivables within one year (+€2,212)
- Receivables within one year -€2,212
down €2,212 (-34.8%), from €6,358 to €4,146
of which Other amounts receivable: -€2,212
- Trade debts +€12,804
up €12,804 (+6,406%), from €200 to €13,003
- Current portion of long-term debt -€10,215
down €10,215 (-100%), from €10,215 to €0
- Reserves -€2,617
down €2,617 (-5.0%), from €52,734 to €50,117
- Gross operating margin -€46,404
down €46,404 (-97.3%), from €47,687 to €1,283
- Taxes -€15,297
down €15,297 (-99.4%), from €15,394 to €97
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 | €122,714 | €122,782 | +€68 | +0.1% |
| Fixed assets | 21/28 | €109,600 | €109,600 | = | 0.0% |
| Financial fixed assets | 28 | €109,600 | €109,600 | = | 0.0% |
| Current assets | 29/58 | €13,114 | €13,182 | +€68 | +0.5% |
| Amounts receivable within one year | 40/41 | €6,358 | €4,146 | -€2,212 | -34.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €6,358 | €4,146 | -€2,212 | -34.8% |
| Cash at bank and in hand | 54/58 | €6,756 | €9,037 | +€2,280 | +33.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €122,714 | €122,782 | +€68 | +0.1% |
| Equity | 10/15 | €96,574 | €93,957 | -€2,617 | -2.7% |
| Contributions | 10/11 | €43,840 | €43,840 | = | 0.0% |
| Reserves | 13 | €52,734 | €50,117 | -€2,617 | -5.0% |
| Distributable reserves | 133 | €52,734 | €50,117 | -€2,617 | -5.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,140 | €28,826 | +€2,685 | +10.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €26,140 | €28,826 | +€2,685 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €10,215 | €0 | -€10,215 | -100% |
| Trade debts | 44 | €200 | €13,003 | +€12,804 | +6,406% |
| Suppliers | 440/4 | €200 | €13,003 | +€12,804 | +6,406% |
| Taxes, remuneration and social security | 45 | €12,394 | €12,490 | +€97 | +0.8% |
| Taxes | 450/3 | €12,394 | €12,490 | +€97 | +0.8% |
| Other amounts payable | 47/48 | €3,332 | €3,332 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €47,687 | €1,283 | -€46,404 | -97.3% |
| Operating profit (loss) | 9901 | €47,173 | €755 | -€46,418 | -98.4% |
| Financial income | 75/76B | €0 | €191 | +€191 | |
| Recurring financial income | 75 | €0 | €191 | +€191 | |
| Financial charges | 65/66B | €338 | €135 | -€204 | -60.2% |
| Recurring financial charges | 65 | €338 | €135 | -€204 | -60.2% |
| Profit (loss) for the period before taxes | 9903 | €46,835 | €812 | -€46,024 | -98.3% |
| Income taxes | 67/77 | €15,394 | €97 | -€15,297 | -99.4% |
| Profit (loss) for the period | 9904 | €31,442 | €715 | -€30,727 | -97.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,442 | €715 | -€30,727 | -97.7% |
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 24 October 2026 via checked.be.