Comment te dire...: 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.
Comment te dire...
Largest movements
- Tangible fixed assets -€21,398
down €21,398 (-3.5%), from €611,574 to €590,176
- Receivables within one year +€10,000
up €10,000, from €0 to €10,000
- Trade debts +€16,611
up €16,611, from €0 to €16,611
- Profit (loss) carried forward -€15,709
down €15,709 (-104.9%), from -€14,970 to -€30,679
- Other debts -€11,024
down €11,024 (-2.1%), from €517,950 to €506,926
- Gross operating margin -€106,824
down €106,824 (-81.7%), from €130,739 to €23,916
- Purchases and services -€6,438
down €6,438 (-100.0%), from €6,438 to €0
- Other operating charges -€6,271
down €6,271 (-87.4%), from €7,172 to €901
- Financial charges +€4,945
up €4,945 (+41.1%), from €12,031 to €16,976
- Depreciation +€4,924
up €4,924 (+24.8%), from €19,877 to €24,801
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 | €621,152 | €608,377 | -€12,775 | -2.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €611,574 | €590,176 | -€21,398 | -3.5% |
| Tangible fixed assets | 22/27 | €611,574 | €590,176 | -€21,398 | -3.5% |
| Land and buildings | 22 | €611,574 | €590,176 | -€21,398 | -3.5% |
| Current assets | 29/58 | €9,578 | €18,201 | +€8,622 | +90.0% |
| Amounts receivable within one year | 40/41 | €0 | €10,000 | +€10,000 | |
| Other amounts receivable | 41 | €0 | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €9,578 | €8,201 | -€1,378 | -14.4% |
| Total equity and liabilities | 10/49 | €621,152 | €608,377 | -€12,775 | -2.1% |
| Equity | 10/15 | €78,309 | €60,310 | -€17,999 | -23.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €74,679 | €72,389 | -€2,291 | -3.1% |
| Tax-exempt reserves | 132 | €74,679 | €72,389 | -€2,291 | -3.1% |
| Profit (loss) carried forward | 14 | -€14,970 | -€30,679 | -€15,709 | -104.9% |
| Provisions and deferred taxes | 16 | €24,893 | €24,130 | -€764 | -3.1% |
| Deferred taxes | 168 | €24,893 | €24,130 | -€764 | -3.1% |
| Amounts payable | 17/49 | €517,950 | €523,938 | +€5,988 | +1.2% |
| Amounts payable within one year | 42/48 | €517,950 | €523,538 | +€5,588 | +1.1% |
| Trade debts | 44 | €0 | €16,611 | +€16,611 | |
| Suppliers | 440/4 | €0 | €16,611 | +€16,611 | |
| Other amounts payable | 47/48 | €517,950 | €506,926 | -€11,024 | -2.1% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €6,438 | €0 | -€6,438 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,877 | €24,801 | +€4,924 | +24.8% |
| Other operating charges | 640/8 | €7,172 | €901 | -€6,271 | -87.4% |
| Gross operating margin | 9900 | €130,739 | €23,916 | -€106,824 | -81.7% |
| Operating profit (loss) | 9901 | €103,691 | -€1,786 | -€105,477 | |
| Financial income | 75/76B | €29 | - | -€29 | |
| Recurring financial income | 75 | €29 | - | -€29 | |
| Financial charges | 65/66B | €12,031 | €16,976 | +€4,945 | +41.1% |
| Recurring financial charges | 65 | €12,031 | €16,976 | +€4,945 | +41.1% |
| Profit (loss) for the period before taxes | 9903 | €91,689 | -€18,763 | -€110,451 | |
| Transfer from deferred taxes | 780 | €557 | €764 | +€207 | +37.1% |
| Transfer to deferred taxes | 680 | €25,450 | - | -€25,450 | |
| Profit (loss) for the period | 9904 | €66,796 | -€17,999 | -€84,795 | |
| Transfer from tax-exempt reserves | 789 | €1,671 | €2,291 | +€620 | +37.1% |
| Transfer to tax-exempt reserves | 689 | €76,350 | - | -€76,350 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,884 | -€15,709 | -€7,825 | -99.3% |
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 4 October 2026 via checked.be.