Concept 2B: 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.
Concept 2B
Largest movements
- Cash -€29,404
down €29,404 (-27.1%), from €108,488 to €79,084
mainly Debts after one year (-€34,000) and Receivables within one year (-€18,047)
- Receivables within one year +€18,047
up €18,047 (+75.0%), from €24,054 to €42,101
of which Trade receivables: +€16,279
- Debts after one year -€34,000
down €34,000 (-68.9%), from €49,333 to €15,333
- Trade debts +€32,102
up €32,102 (+131%), from €24,505 to €56,607
- Profit (loss) carried forward -€9,142
down €9,142 (-12.3%), from €74,627 to €65,485
- Gross operating margin -€35,028
down €35,028, from €28,809 to -€6,219
- Taxes -€7,671
down €7,671 (-97.4%), from €7,875 to €204
- Financial charges +€364
up €364 (+37.0%), from €986 to €1,350
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 | €389,938 | €378,581 | -€11,357 | -2.9% |
| Fixed assets | 21/28 | €257,396 | €257,396 | = | 0.0% |
| Tangible fixed assets | 22/27 | €257,396 | €257,396 | = | 0.0% |
| Land and buildings | 22 | €206,137 | €206,137 | = | 0.0% |
| Other tangible fixed assets | 26 | €51,259 | €51,259 | = | 0.0% |
| Current assets | 29/58 | €132,542 | €121,185 | -€11,357 | -8.6% |
| Amounts receivable within one year | 40/41 | €24,054 | €42,101 | +€18,047 | +75.0% |
| Trade receivables | 40 | €16,207 | €32,486 | +€16,279 | +100% |
| Other amounts receivable | 41 | €7,847 | €9,615 | +€1,768 | +22.5% |
| Cash at bank and in hand | 54/58 | €108,488 | €79,084 | -€29,404 | -27.1% |
| Total equity and liabilities | 10/49 | €389,938 | €378,581 | -€11,357 | -2.9% |
| Equity | 10/15 | €279,533 | €270,391 | -€9,142 | -3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €198,706 | €198,706 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €196,846 | €196,846 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,627 | €65,485 | -€9,142 | -12.3% |
| Amounts payable | 17/49 | €110,404 | €108,190 | -€2,214 | -2.0% |
| Amounts payable after more than one year | 17 | €49,333 | €15,333 | -€34,000 | -68.9% |
| Other amounts payable | 178/9 | €49,333 | €15,333 | -€34,000 | -68.9% |
| Amounts payable within one year | 42/48 | €61,071 | €92,856 | +€31,786 | +52.0% |
| Current portion of amounts payable after more than one year | 42 | €34,000 | €34,000 | = | 0.0% |
| Trade debts | 44 | €24,505 | €56,607 | +€32,102 | +131% |
| Suppliers | 440/4 | €24,505 | €56,607 | +€32,102 | +131% |
| Taxes, remuneration and social security | 45 | €2,566 | €2,249 | -€316 | -12.3% |
| Taxes | 450/3 | €2,566 | €2,249 | -€316 | -12.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,207 | €1,369 | +€162 | +13.5% |
| Gross operating margin | 9900 | €28,809 | -€6,219 | -€35,028 | |
| Operating profit (loss) | 9901 | €27,602 | -€7,588 | -€35,191 | |
| Financial income | 75/76B | €19 | €0 | -€19 | -99.8% |
| Recurring financial income | 75 | €19 | €0 | -€19 | -99.8% |
| Financial charges | 65/66B | €986 | €1,350 | +€364 | +37.0% |
| Recurring financial charges | 65 | €986 | €1,350 | +€364 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | €26,636 | -€8,938 | -€35,574 | |
| Income taxes | 67/77 | €7,875 | €204 | -€7,671 | -97.4% |
| Profit (loss) for the period | 9904 | €18,761 | -€9,142 | -€27,903 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,761 | -€9,142 | -€27,903 |
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 14 October 2026 via checked.be.