COLOURED CORNERS: 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.
COLOURED CORNERS
Largest movements
- Cash -€49,389
down €49,389 (-50.0%), from €98,693 to €49,304
mainly Other debts (-€74,509) and Receivables within one year (-€17,447)
- Tangible fixed assets -€20,678
down €20,678 (-24.3%), from €85,033 to €64,355
of which Furniture and vehicles: -€20,358
- Receivables within one year +€17,447
up €17,447 (+56.9%), from €30,673 to €48,120
of which Other amounts receivable: +€11,775
- Other debts -€74,509
down €74,509 (-56.5%), from €131,900 to €57,391
- Profit (loss) carried forward +€17,868
up €17,868 (+9.5%), from €188,485 to €206,353
- Gross operating margin -€152,473
down €152,473 (-75.6%), from €201,630 to €49,157
- Taxes -€25,942
down €25,942 (-77.7%), from €33,373 to €7,431
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 | €356,499 | €301,779 | -€54,721 | -15.3% |
| Fixed assets | 21/28 | €85,033 | €64,355 | -€20,678 | -24.3% |
| Tangible fixed assets | 22/27 | €85,033 | €64,355 | -€20,678 | -24.3% |
| Land and buildings | 22 | - | €900 | +€900 | |
| Plant, machinery and equipment | 23 | €841 | €715 | -€125 | -14.9% |
| Furniture and vehicles | 24 | €74,001 | €53,643 | -€20,358 | -27.5% |
| Other tangible fixed assets | 26 | €10,192 | €9,097 | -€1,095 | -10.7% |
| Current assets | 29/58 | €271,466 | €237,424 | -€34,042 | -12.5% |
| Amounts receivable after more than one year | 29 | €140,000 | €140,000 | = | 0.0% |
| Other amounts receivable | 291 | €140,000 | €140,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,673 | €48,120 | +€17,447 | +56.9% |
| Trade receivables | 40 | €29,879 | €35,551 | +€5,672 | +19.0% |
| Other amounts receivable | 41 | €795 | €12,569 | +€11,775 | +1,482% |
| Cash at bank and in hand | 54/58 | €98,693 | €49,304 | -€49,389 | -50.0% |
| Deferred charges and accrued income | 490/1 | €2,100 | €0 | -€2,100 | -100% |
| Total equity and liabilities | 10/49 | €356,499 | €301,779 | -€54,721 | -15.3% |
| Equity | 10/15 | €208,945 | €226,813 | +€17,868 | +8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €188,485 | €206,353 | +€17,868 | +9.5% |
| Amounts payable | 17/49 | €147,554 | €74,966 | -€72,588 | -49.2% |
| Amounts payable within one year | 42/48 | €147,554 | €74,966 | -€72,588 | -49.2% |
| Trade debts | 44 | €1,346 | €1,614 | +€268 | +19.9% |
| Suppliers | 440/4 | €1,346 | €1,614 | +€268 | +19.9% |
| Taxes, remuneration and social security | 45 | €14,308 | €15,961 | +€1,653 | +11.6% |
| Taxes | 450/3 | €14,308 | €15,961 | +€1,653 | +11.6% |
| Other amounts payable | 47/48 | €131,900 | €57,391 | -€74,509 | -56.5% |
| Non-recurring operating income | 76A | €5,979 | €0 | -€5,979 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,530 | €23,803 | +€1,273 | +5.6% |
| Other operating charges | 640/8 | €1,222 | €1,513 | +€291 | +23.9% |
| Non-recurring operating charges | 66A | - | €455 | +€455 | |
| Gross operating margin | 9900 | €201,630 | €49,157 | -€152,473 | -75.6% |
| Operating profit (loss) | 9901 | €177,878 | €23,386 | -€154,492 | -86.9% |
| Financial income | 75/76B | €2,017 | €2,106 | +€89 | +4.4% |
| Recurring financial income | 75 | €2,017 | €2,106 | +€89 | +4.4% |
| Financial charges | 65/66B | €161 | €193 | +€32 | +19.8% |
| Recurring financial charges | 65 | €161 | €193 | +€32 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | €179,734 | €25,299 | -€154,435 | -85.9% |
| Income taxes | 67/77 | €33,373 | €7,431 | -€25,942 | -77.7% |
| Profit (loss) for the period | 9904 | €146,361 | €17,868 | -€128,493 | -87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €146,361 | €17,868 | -€128,493 | -87.8% |
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 21 October 2026 via checked.be.