COMPANY TOOLBOX: 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 TOOLBOX
Largest movements
- Cash -€195,738
down €195,738 (-88.0%), from €222,483 to €26,745
mainly Other debts (-€180,712) and Net result for the year (-€22,113)
- Receivables within one year -€13,740
down €13,740 (-33.0%), from €41,633 to €27,892
of which Trade receivables: -€22,298
- Tangible fixed assets -€3,800
down €3,800 (-26.7%), from €14,248 to €10,448
- Other debts -€180,712
down €180,712 (-98.9%), from €182,653 to €1,941
- Profit (loss) carried forward -€22,113
down €22,113 (-35.2%), from €62,799 to €40,685
- Tax, wage and social debts -€6,488
down €6,488 (-62.7%), from €10,342 to €3,854
- Gross operating margin -€85,130
down €85,130 (-92.3%), from €92,262 to €7,132
- Financial charges +€22,573
up €22,573 (+1,798%), from €1,256 to €23,828
- Taxes -€17,759
down €17,759 (-100%), from €17,759 to €0
- Depreciation -€2,278
down €2,278 (-30.5%), from €7,462 to €5,183
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 | €281,802 | €67,323 | -€214,479 | -76.1% |
| Fixed assets | 21/28 | €14,748 | €10,948 | -€3,800 | -25.8% |
| Tangible fixed assets | 22/27 | €14,248 | €10,448 | -€3,800 | -26.7% |
| Furniture and vehicles | 24 | €14,248 | €10,448 | -€3,800 | -26.7% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €267,054 | €56,375 | -€210,679 | -78.9% |
| Amounts receivable within one year | 40/41 | €41,633 | €27,892 | -€13,740 | -33.0% |
| Trade receivables | 40 | €37,565 | €15,268 | -€22,298 | -59.4% |
| Other amounts receivable | 41 | €4,067 | €12,624 | +€8,557 | +210% |
| Cash at bank and in hand | 54/58 | €222,483 | €26,745 | -€195,738 | -88.0% |
| Deferred charges and accrued income | 490/1 | €2,938 | €1,738 | -€1,200 | -40.9% |
| Total equity and liabilities | 10/49 | €281,802 | €67,323 | -€214,479 | -76.1% |
| Equity | 10/15 | €83,259 | €61,145 | -€22,113 | -26.6% |
| 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 | €62,799 | €40,685 | -€22,113 | -35.2% |
| Amounts payable | 17/49 | €198,543 | €6,178 | -€192,365 | -96.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €198,543 | €6,178 | -€192,365 | -96.9% |
| Current portion of amounts payable after more than one year | 42 | €2,599 | €0 | -€2,599 | -100% |
| Trade debts | 44 | €2,949 | €383 | -€2,566 | -87.0% |
| Suppliers | 440/4 | €2,949 | €383 | -€2,566 | -87.0% |
| Taxes, remuneration and social security | 45 | €10,342 | €3,854 | -€6,488 | -62.7% |
| Taxes | 450/3 | €10,342 | €3,854 | -€6,488 | -62.7% |
| Other amounts payable | 47/48 | €182,653 | €1,941 | -€180,712 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,462 | €5,183 | -€2,278 | -30.5% |
| Other operating charges | 640/8 | €1,107 | €1,148 | +€41 | +3.7% |
| Gross operating margin | 9900 | €92,262 | €7,132 | -€85,130 | -92.3% |
| Operating profit (loss) | 9901 | €83,693 | €801 | -€82,892 | -99.0% |
| Financial income | 75/76B | €723 | €914 | +€191 | +26.4% |
| Recurring financial income | 75 | €723 | €914 | +€191 | +26.4% |
| Financial charges | 65/66B | €1,256 | €23,828 | +€22,573 | +1,798% |
| Recurring financial charges | 65 | €1,256 | €23,828 | +€22,573 | +1,798% |
| Profit (loss) for the period before taxes | 9903 | €83,161 | -€22,113 | -€105,274 | |
| Income taxes | 67/77 | €17,759 | €0 | -€17,759 | -100% |
| Profit (loss) for the period | 9904 | €65,401 | -€22,113 | -€87,515 | |
| Profit (loss) for the period to be appropriated | 9905 | €65,401 | -€22,113 | -€87,515 |
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 26 October 2026 via checked.be.