COMMUNICATION, MANAGEMENT, ENGINEERING AND TRAINING: 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.
COMMUNICATION, MANAGEMENT, ENGINEERING AND TRAINING
Largest movements
- Receivables within one year -€3,788
down €3,788 (-56.9%), from €6,659 to €2,871
of which Trade receivables: -€3,934
- Tangible fixed assets -€2,307
no longer reported in 2025 (was €2,307)
- Cash -€1,361
down €1,361 (-61.3%), from €2,220 to €859
mainly Debts after one year (-€8,340) and Trade debts (-€4,338)
- Deferred charges and accrued income -€498
no longer reported in 2025 (was €498)
- Debts after one year -€8,340
no longer reported in 2025 (was €8,340)
- Profit (loss) carried forward +€5,867
up €5,867 (+22.8%), from -€25,738 to -€19,871
- Trade debts -€4,338
down €4,338 (-64.3%), from €6,746 to €2,408
- Tax, wage and social debts -€1,143
down €1,143 (-50.6%), from €2,257 to €1,114
- Gross operating margin +€5,666
up €5,666 (+263%), from €2,152 to €7,818
- Depreciation -€1,272
no longer reported in 2025 (was €1,272)
- Taxes +€313
up €313 (+177%), from €177 to €490
- Other operating charges -€115
down €115 (-19.1%), from €601 to €486
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 | €11,684 | €3,730 | -€7,954 | -68.1% |
| Fixed assets | 21/28 | €2,307 | - | -€2,307 | |
| Tangible fixed assets | 22/27 | €2,307 | - | -€2,307 | |
| Furniture and vehicles | 24 | €2,307 | - | -€2,307 | |
| Current assets | 29/58 | €9,377 | €3,730 | -€5,647 | -60.2% |
| Amounts receivable within one year | 40/41 | €6,659 | €2,871 | -€3,788 | -56.9% |
| Trade receivables | 40 | €6,659 | €2,725 | -€3,934 | -59.1% |
| Other amounts receivable | 41 | - | €146 | +€146 | |
| Cash at bank and in hand | 54/58 | €2,220 | €859 | -€1,361 | -61.3% |
| Deferred charges and accrued income | 490/1 | €498 | - | -€498 | |
| Total equity and liabilities | 10/49 | €11,684 | €3,730 | -€7,954 | -68.1% |
| Equity | 10/15 | -€5,659 | €208 | +€5,867 | |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €7,684 | €7,684 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,825 | €5,825 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,738 | -€19,871 | +€5,867 | +22.8% |
| Amounts payable | 17/49 | €17,343 | €3,522 | -€13,821 | -79.7% |
| Amounts payable after more than one year | 17 | €8,340 | - | -€8,340 | |
| Other amounts payable | 178/9 | €8,340 | - | -€8,340 | |
| Amounts payable within one year | 42/48 | €9,003 | €3,522 | -€5,481 | -60.9% |
| Trade debts | 44 | €6,746 | €2,408 | -€4,338 | -64.3% |
| Suppliers | 440/4 | €6,746 | €2,408 | -€4,338 | -64.3% |
| Taxes, remuneration and social security | 45 | €2,257 | €1,114 | -€1,143 | -50.6% |
| Taxes | 450/3 | €2,257 | €1,114 | -€1,143 | -50.6% |
| Non-recurring operating income | 76A | - | €8,406 | +€8,406 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,272 | - | -€1,272 | |
| Other operating charges | 640/8 | €601 | €486 | -€115 | -19.1% |
| Non-recurring operating charges | 66A | - | €732 | +€732 | |
| Gross operating margin | 9900 | €2,152 | €7,818 | +€5,666 | +263% |
| Operating profit (loss) | 9901 | €279 | €6,600 | +€6,321 | +2,266% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €181 | €247 | +€66 | +36.5% |
| Recurring financial charges | 65 | €181 | €247 | +€66 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €98 | €6,357 | +€6,259 | +6,387% |
| Income taxes | 67/77 | €177 | €490 | +€313 | +177% |
| Profit (loss) for the period | 9904 | -€79 | €5,867 | +€5,946 | |
| Profit (loss) for the period to be appropriated | 9905 | -€79 | €5,867 | +€5,946 |
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 27 October 2026 via checked.be.