COMPUTEXT: 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.
COMPUTEXT
Largest movements
- Deferred charges and accrued income -€28,890
down €28,890 (-97.8%), from €29,532 to €642
- Cash -€8,980
down €8,980 (-69.5%), from €12,917 to €3,937
mainly Net result for the year (-€48,966) and Debts after one year (-€562)
- Receivables after one year -€8,614
down €8,614 (-36.4%), from €23,689 to €15,075
- Profit (loss) carried forward -€48,966
down €48,966, from €30,425 to -€18,541
- Accrued charges and deferred income +€2,633
up €2,633 (+97.5%), from €2,700 to €5,333
- Staff costs -€23,824
no longer reported in 2026 (was €23,824)
- Gross operating margin -€12,782
down €12,782 (-35.4%), from -€36,065 to -€48,847
- Financial income -€951
down €951 (-43.2%), from €2,198 to €1,248
- Taxes +€776
no longer reported in 2026 (was -€776)
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,747 | €20,645 | -€47,101 | -69.5% |
| Fixed assets | 21/28 | €1,609 | €991 | -€618 | -38.4% |
| Tangible fixed assets | 22/27 | €1,609 | €991 | -€618 | -38.4% |
| Plant, machinery and equipment | 23 | €1,609 | €606 | -€1,003 | -62.3% |
| Furniture and vehicles | 24 | - | €385 | +€385 | |
| Current assets | 29/58 | €66,138 | €19,654 | -€46,484 | -70.3% |
| Amounts receivable after more than one year | 29 | €23,689 | €15,075 | -€8,614 | -36.4% |
| Other amounts receivable | 291 | €23,689 | €15,075 | -€8,614 | -36.4% |
| Cash at bank and in hand | 54/58 | €12,917 | €3,937 | -€8,980 | -69.5% |
| Deferred charges and accrued income | 490/1 | €29,532 | €642 | -€28,890 | -97.8% |
| Total equity and liabilities | 10/49 | €67,747 | €20,645 | -€47,101 | -69.5% |
| Equity | 10/15 | €63,878 | €14,912 | -€48,966 | -76.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €14,861 | €14,861 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €13,002 | €13,002 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,425 | -€18,541 | -€48,966 | |
| Amounts payable | 17/49 | €3,868 | €5,733 | +€1,865 | +48.2% |
| Amounts payable after more than one year | 17 | €962 | €400 | -€562 | -58.4% |
| Financial debts | 170/4 | €962 | €400 | -€562 | -58.4% |
| Amounts payable within one year | 42/48 | €206 | - | -€206 | |
| Taxes, remuneration and social security | 45 | €206 | - | -€206 | |
| Taxes | 450/3 | €206 | - | -€206 | |
| Accrued charges and deferred income | 492/3 | €2,700 | €5,333 | +€2,633 | +97.5% |
| Remuneration, social security and pensions | 62 | €23,824 | - | -€23,824 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €573 | €618 | +€45 | +7.9% |
| Other operating charges | 640/8 | €822 | €677 | -€145 | -17.6% |
| Gross operating margin | 9900 | -€36,065 | -€48,847 | -€12,782 | -35.4% |
| Operating profit (loss) | 9901 | -€61,284 | -€50,142 | +€11,142 | +18.2% |
| Financial income | 75/76B | €2,198 | €1,248 | -€951 | -43.2% |
| Recurring financial income | 75 | €2,198 | €1,248 | -€951 | -43.2% |
| Financial charges | 65/66B | €43 | €72 | +€29 | +68.2% |
| Recurring financial charges | 65 | €43 | €72 | +€29 | +68.2% |
| Profit (loss) for the period before taxes | 9903 | -€59,129 | -€48,966 | +€10,162 | +17.2% |
| Income taxes | 67/77 | -€776 | - | +€776 | |
| Profit (loss) for the period | 9904 | -€58,353 | -€48,966 | +€9,387 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,353 | -€48,966 | +€9,387 | +16.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.