Code-less: 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.
Code-less
Largest movements
- Receivables within one year +€5,362
up €5,362 (+604.8%), from €887 to €6,249
of which Other amounts receivable: +€5,921
- Cash -€402
down €402 (-87.1%), from €461 to €59
mainly Net result for the year (-€6,027) and Receivables within one year (-€5,362)
- Other debts +€14,024
up €14,024 (+12.5%), from €111,811 to €125,835
- Profit (loss) carried forward -€6,027
down €6,027 (-3.4%), from -€178,034 to -€184,061
- Trade debts -€3,037
down €3,037 (-8.1%), from €37,571 to €34,534
- Other operating charges +€573
up €573 (+98.8%), from €580 to €1,154
- Gross operating margin +€434
up €434 (+9.0%), from -€4,801 to -€4,366
- Taxes -€111
down €111 (-100.0%), from €111 to €0
- Financial charges +€74
up €74 (+17.1%), from €433 to €507
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 | €1,348 | €6,308 | +€4,960 | +368.0% |
| Current assets | 29/58 | €1,348 | €6,308 | +€4,960 | +368.0% |
| Amounts receivable within one year | 40/41 | €887 | €6,249 | +€5,362 | +604.8% |
| Trade receivables | 40 | €559 | €0 | -€559 | -100.0% |
| Other amounts receivable | 41 | €328 | €6,249 | +€5,921 | +1806.7% |
| Cash at bank and in hand | 54/58 | €461 | €59 | -€402 | -87.1% |
| Total equity and liabilities | 10/49 | €1,348 | €6,308 | +€4,960 | +368.0% |
| Equity | 10/15 | -€148,034 | -€154,061 | -€6,027 | -4.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,034 | -€184,061 | -€6,027 | -3.4% |
| Amounts payable | 17/49 | €149,382 | €160,369 | +€10,987 | +7.4% |
| Amounts payable within one year | 42/48 | €149,382 | €160,369 | +€10,987 | +7.4% |
| Trade debts | 44 | €37,571 | €34,534 | -€3,037 | -8.1% |
| Suppliers | 440/4 | €37,571 | €34,534 | -€3,037 | -8.1% |
| Other amounts payable | 47/48 | €111,811 | €125,835 | +€14,024 | +12.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €580 | €1,154 | +€573 | +98.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€4,801 | -€4,366 | +€434 | +9.0% |
| Operating profit (loss) | 9901 | -€5,381 | -€5,520 | -€139 | -2.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €433 | €507 | +€74 | +17.1% |
| Recurring financial charges | 65 | €433 | €507 | +€74 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,813 | -€6,027 | -€213 | -3.7% |
| Income taxes | 67/77 | €111 | €0 | -€111 | -100.0% |
| Profit (loss) for the period | 9904 | -€5,925 | -€6,027 | -€102 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,925 | -€6,027 | -€102 | -1.7% |
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 1 October 2026 via checked.be.