COMPANY: 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.
COMPANY
Largest movements
- Cash -€2,047
down €2,047 (-61.4%), from €3,337 to €1,290
mainly Other debts (-€5,478) and Tax, wage and social debts (-€1,424)
- Tangible fixed assets -€1,332
down €1,332 (-4.4%), from €30,369 to €29,037
of which Land and buildings: -€1,569
- Receivables within one year -€605
no longer reported in 2025 (was €605)
- Other debts -€5,478
down €5,478 (-74.0%), from €7,407 to €1,929
- Trade debts +€1,695
up €1,695 (+40.7%), from €4,165 to €5,860
- Tax, wage and social debts -€1,424
down €1,424 (-85.1%), from €1,673 to €249
- Reserves +€1,135
up €1,135 (+25.2%), from €4,508 to €5,644
- Other operating charges -€565
down €565 (-29.8%), from €1,894 to €1,329
- Gross operating margin +€388
up €388 (+8.7%), from €4,458 to €4,846
- Depreciation +€113
up €113 (+5.4%), from €2,092 to €2,206
- Taxes +€92
up €92 (+436%), from €21 to €114
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 | €36,421 | €32,274 | -€4,147 | -11.4% |
| Fixed assets | 21/28 | €30,369 | €29,037 | -€1,332 | -4.4% |
| Tangible fixed assets | 22/27 | €30,369 | €29,037 | -€1,332 | -4.4% |
| Land and buildings | 22 | €29,666 | €28,097 | -€1,569 | -5.3% |
| Plant, machinery and equipment | 23 | €322 | €760 | +€438 | +136% |
| Furniture and vehicles | 24 | €381 | €179 | -€201 | -52.9% |
| Current assets | 29/58 | €6,052 | €3,237 | -€2,815 | -46.5% |
| Stocks and contracts in progress | 3 | €1,537 | €1,184 | -€354 | -23.0% |
| Stocks | 30/36 | €1,537 | €1,184 | -€354 | -23.0% |
| Amounts receivable within one year | 40/41 | €605 | - | -€605 | |
| Trade receivables | 40 | €605 | - | -€605 | |
| Cash at bank and in hand | 54/58 | €3,337 | €1,290 | -€2,047 | -61.4% |
| Deferred charges and accrued income | 490/1 | €573 | €764 | +€191 | +33.3% |
| Total equity and liabilities | 10/49 | €36,421 | €32,274 | -€4,147 | -11.4% |
| Equity | 10/15 | €23,100 | €24,236 | +€1,135 | +4.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €4,508 | €5,644 | +€1,135 | +25.2% |
| Distributable reserves | 133 | €4,508 | €5,644 | +€1,135 | +25.2% |
| Amounts payable | 17/49 | €13,320 | €8,038 | -€5,282 | -39.7% |
| Amounts payable within one year | 42/48 | €13,245 | €8,038 | -€5,207 | -39.3% |
| Trade debts | 44 | €4,165 | €5,860 | +€1,695 | +40.7% |
| Suppliers | 440/4 | €4,165 | €5,860 | +€1,695 | +40.7% |
| Taxes, remuneration and social security | 45 | €1,673 | €249 | -€1,424 | -85.1% |
| Taxes | 450/3 | €1,673 | €249 | -€1,424 | -85.1% |
| Other amounts payable | 47/48 | €7,407 | €1,929 | -€5,478 | -74.0% |
| Accrued charges and deferred income | 492/3 | €75 | - | -€75 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,092 | €2,206 | +€113 | +5.4% |
| Other operating charges | 640/8 | €1,894 | €1,329 | -€565 | -29.8% |
| Non-recurring operating charges | 66A | €141 | - | -€141 | |
| Gross operating margin | 9900 | €4,458 | €4,846 | +€388 | +8.7% |
| Operating profit (loss) | 9901 | €331 | €1,311 | +€981 | +297% |
| Financial income | 75/76B | €0 | €6 | +€5 | +1,827% |
| Recurring financial income | 75 | €0 | €6 | +€5 | +1,827% |
| Financial charges | 65/66B | €98 | €68 | -€30 | -30.5% |
| Recurring financial charges | 65 | €98 | €68 | -€30 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €233 | €1,249 | +€1,016 | +436% |
| Income taxes | 67/77 | €21 | €114 | +€92 | +436% |
| Profit (loss) for the period | 9904 | €212 | €1,135 | +€924 | +436% |
| Profit (loss) for the period to be appropriated | 9905 | €212 | €1,135 | +€924 | +436% |
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 30 October 2026 via checked.be.