COLLECTIVE WISDOM: 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.
COLLECTIVE WISDOM
Largest movements
- Cash +€19,218
up €19,218 (+46.9%), from €40,934 to €60,152
mainly Other debts (+€11,399) and Tax, wage and social debts (+€8,446)
- Tangible fixed assets -€7,530
down €7,530 (-37.5%), from €20,082 to €12,551
- Receivables within one year +€1,242
up €1,242 (+21.2%), from €5,857 to €7,099
of which Trade receivables: +€2,180
- Other debts +€11,399
up €11,399 (+43.9%), from €25,946 to €37,344
- Tax, wage and social debts +€8,446
up €8,446 (+110%), from €7,712 to €16,159
of which Taxes: +€9,095
- Trade debts -€4,615
down €4,615 (-79.0%), from €5,842 to €1,228
- Profit (loss) carried forward -€4,114
down €4,114 (-18.2%), from €22,664 to €18,549
- Accrued charges and deferred income +€1,959
new in 2025: €1,959
- Gross operating margin -€19,320
down €19,320 (-80.4%), from €24,034 to €4,714
- Taxes -€5,484
down €5,484, from €4,734 to -€750
- Depreciation +€3,330
up €3,330 (+79.3%), from €4,200 to €7,530
- Financial charges +€1,337
up €1,337 (+188%), from €711 to €2,048
- Other operating charges -€963
no longer reported in 2025 (was €963)
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 | €67,164 | €80,238 | +€13,074 | +19.5% |
| Fixed assets | 21/28 | €20,082 | €12,551 | -€7,530 | -37.5% |
| Tangible fixed assets | 22/27 | €20,082 | €12,551 | -€7,530 | -37.5% |
| Furniture and vehicles | 24 | €20,082 | €12,551 | -€7,530 | -37.5% |
| Current assets | 29/58 | €47,082 | €67,687 | +€20,604 | +43.8% |
| Amounts receivable within one year | 40/41 | €5,857 | €7,099 | +€1,242 | +21.2% |
| Trade receivables | 40 | €4,919 | €7,099 | +€2,180 | +44.3% |
| Other amounts receivable | 41 | €938 | - | -€938 | |
| Cash at bank and in hand | 54/58 | €40,934 | €60,152 | +€19,218 | +46.9% |
| Deferred charges and accrued income | 490/1 | €291 | €436 | +€144 | +49.6% |
| Total equity and liabilities | 10/49 | €67,164 | €80,238 | +€13,074 | +19.5% |
| Equity | 10/15 | €27,664 | €23,549 | -€4,114 | -14.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,664 | €18,549 | -€4,114 | -18.2% |
| Amounts payable | 17/49 | €39,500 | €56,689 | +€17,188 | +43.5% |
| Amounts payable within one year | 42/48 | €39,500 | €54,730 | +€15,230 | +38.6% |
| Trade debts | 44 | €5,842 | €1,228 | -€4,615 | -79.0% |
| Suppliers | 440/4 | €5,842 | €1,228 | -€4,615 | -79.0% |
| Taxes, remuneration and social security | 45 | €7,712 | €16,159 | +€8,446 | +110% |
| Taxes | 450/3 | €5,042 | €14,137 | +€9,095 | +180% |
| Remuneration and social security | 454/9 | €2,671 | €2,022 | -€649 | -24.3% |
| Other amounts payable | 47/48 | €25,946 | €37,344 | +€11,399 | +43.9% |
| Accrued charges and deferred income | 492/3 | - | €1,959 | +€1,959 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,200 | €7,530 | +€3,330 | +79.3% |
| Other operating charges | 640/8 | €963 | - | -€963 | |
| Gross operating margin | 9900 | €24,034 | €4,714 | -€19,320 | -80.4% |
| Operating profit (loss) | 9901 | €18,870 | -€2,817 | -€21,687 | |
| Financial charges | 65/66B | €711 | €2,048 | +€1,337 | +188% |
| Recurring financial charges | 65 | €711 | €2,048 | +€1,337 | +188% |
| Profit (loss) for the period before taxes | 9903 | €18,160 | -€4,864 | -€23,024 | |
| Income taxes | 67/77 | €4,734 | -€750 | -€5,484 | |
| Profit (loss) for the period | 9904 | €13,425 | -€4,114 | -€17,540 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,425 | -€4,114 | -€17,540 |
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 13 October 2026 via checked.be.