COLOR-TIME: 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.
COLOR-TIME
Largest movements
- Tangible fixed assets -€10,455
down €10,455 (-14.3%), from €73,188 to €62,732
- Receivables within one year +€1,874
up €1,874 (+6.1%), from €30,953 to €32,828
of which Other amounts receivable: +€4,984
- Debts after one year -€12,453
down €12,453 (-14.6%), from €85,364 to €72,911
- Gross operating margin -€8,958
down €8,958 (-34.3%), from €26,140 to €17,182
- Other operating charges +€2,381
up €2,381 (+461%), from €516 to €2,898
- Financial charges -€1,540
down €1,540 (-23.6%), from €6,531 to €4,991
- Financial income +€1,253
up €1,253 (+33,224%), from €4 to €1,256
- Staff costs -€1,178
no longer reported in 2025 (was €1,178)
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 | €117,389 | €107,152 | -€10,236 | -8.7% |
| Fixed assets | 21/28 | €73,188 | €62,732 | -€10,455 | -14.3% |
| Tangible fixed assets | 22/27 | €73,188 | €62,732 | -€10,455 | -14.3% |
| Land and buildings | 22 | €73,188 | €62,732 | -€10,455 | -14.3% |
| Current assets | 29/58 | €44,201 | €44,420 | +€219 | +0.5% |
| Stocks and contracts in progress | 3 | €2,308 | €1,281 | -€1,026 | -44.5% |
| Stocks | 30/36 | €2,308 | €1,281 | -€1,026 | -44.5% |
| Amounts receivable within one year | 40/41 | €30,953 | €32,828 | +€1,874 | +6.1% |
| Trade receivables | 40 | €10,667 | €7,558 | -€3,109 | -29.1% |
| Other amounts receivable | 41 | €20,286 | €25,270 | +€4,984 | +24.6% |
| Cash at bank and in hand | 54/58 | €10,940 | €10,311 | -€629 | -5.7% |
| Total equity and liabilities | 10/49 | €117,389 | €107,152 | -€10,236 | -8.7% |
| Equity | 10/15 | €18,154 | €17,912 | -€242 | -1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,306 | -€2,548 | -€242 | -10.5% |
| Amounts payable | 17/49 | €99,235 | €89,241 | -€9,994 | -10.1% |
| Amounts payable after more than one year | 17 | €85,364 | €72,911 | -€12,453 | -14.6% |
| Financial debts | 170/4 | €85,364 | €72,911 | -€12,453 | -14.6% |
| Amounts payable within one year | 42/48 | €13,870 | €16,329 | +€2,459 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €11,947 | €12,570 | +€622 | +5.2% |
| Trade debts | 44 | €1,923 | €2,723 | +€800 | +41.6% |
| Suppliers | 440/4 | €1,923 | €2,723 | +€800 | +41.6% |
| Taxes, remuneration and social security | 45 | - | €1,037 | +€1,037 | |
| Taxes | 450/3 | - | €337 | +€337 | |
| Remuneration and social security | 454/9 | - | €700 | +€700 | |
| Non-recurring operating income | 76A | €6,528 | - | -€6,528 | |
| Remuneration, social security and pensions | 62 | €1,178 | - | -€1,178 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,989 | €10,455 | -€533 | -4.9% |
| Other operating charges | 640/8 | €516 | €2,898 | +€2,381 | +461% |
| Non-recurring operating charges | 66A | €367 | - | -€367 | |
| Gross operating margin | 9900 | €26,140 | €17,182 | -€8,958 | -34.3% |
| Operating profit (loss) | 9901 | €13,091 | €3,829 | -€9,262 | -70.7% |
| Financial income | 75/76B | €4 | €1,256 | +€1,253 | +33,224% |
| Recurring financial income | 75 | €4 | €1,256 | +€1,253 | +33,224% |
| Financial charges | 65/66B | €6,531 | €4,991 | -€1,540 | -23.6% |
| Recurring financial charges | 65 | €6,531 | €4,991 | -€1,540 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €6,564 | €94 | -€6,470 | -98.6% |
| Income taxes | 67/77 | - | €337 | +€337 | |
| Profit (loss) for the period | 9904 | €6,564 | -€242 | -€6,807 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,564 | -€242 | -€6,807 |
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 14 October 2026 via checked.be.