CONNECTING COMMUNICATION: 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.
CONNECTING COMMUNICATION
Largest movements
- Tangible fixed assets -€25,082
down €25,082 (-26.7%), from €93,982 to €68,899
- Cash -€4,661
down €4,661 (-23.3%), from €20,038 to €15,377
mainly Net result for the year (-€19,589) and Other debts (-€10,192)
- Receivables within one year +€1,303
up €1,303 (+30.9%), from €4,224 to €5,527
of which Trade receivables: +€5,156
- Profit (loss) carried forward -€19,589
down €19,589 (-68.8%), from -€28,462 to -€48,051
- Other debts -€10,192
down €10,192 (-7.0%), from €144,870 to €134,678
- Tax, wage and social debts +€2,477
up €2,477 (+478%), from €519 to €2,996
- Gross operating margin +€12,375
up €12,375, from -€5,424 to €6,951
- Taxes +€221
up €221 (+43.8%), from €504 to €725
- Financial charges -€161
down €161 (-72.8%), from €221 to €60
- Other operating charges -€136
down €136 (-16.8%), from €808 to €673
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 | €121,055 | €92,623 | -€28,432 | -23.5% |
| Fixed assets | 21/28 | €93,982 | €68,899 | -€25,082 | -26.7% |
| Tangible fixed assets | 22/27 | €93,982 | €68,899 | -€25,082 | -26.7% |
| Furniture and vehicles | 24 | €93,982 | €68,899 | -€25,082 | -26.7% |
| Current assets | 29/58 | €27,073 | €23,724 | -€3,350 | -12.4% |
| Amounts receivable within one year | 40/41 | €4,224 | €5,527 | +€1,303 | +30.9% |
| Trade receivables | 40 | €0 | €5,156 | +€5,156 | |
| Other amounts receivable | 41 | €4,224 | €371 | -€3,852 | -91.2% |
| Cash at bank and in hand | 54/58 | €20,038 | €15,377 | -€4,661 | -23.3% |
| Deferred charges and accrued income | 490/1 | €2,812 | €2,820 | +€8 | +0.3% |
| Total equity and liabilities | 10/49 | €121,055 | €92,623 | -€28,432 | -23.5% |
| Equity | 10/15 | -€25,462 | -€45,051 | -€19,589 | -76.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,462 | -€48,051 | -€19,589 | -68.8% |
| Amounts payable | 17/49 | €146,517 | €137,674 | -€8,843 | -6.0% |
| Amounts payable within one year | 42/48 | €146,517 | €137,674 | -€8,843 | -6.0% |
| Trade debts | 44 | €1,129 | €0 | -€1,129 | -100% |
| Suppliers | 440/4 | €1,129 | €0 | -€1,129 | -100% |
| Taxes, remuneration and social security | 45 | €519 | €2,996 | +€2,477 | +478% |
| Taxes | 450/3 | €519 | €2,996 | +€2,477 | +478% |
| Other amounts payable | 47/48 | €144,870 | €134,678 | -€10,192 | -7.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,082 | €25,082 | = | 0.0% |
| Other operating charges | 640/8 | €808 | €673 | -€136 | -16.8% |
| Gross operating margin | 9900 | -€5,424 | €6,951 | +€12,375 | |
| Operating profit (loss) | 9901 | -€31,314 | -€18,804 | +€12,511 | +40.0% |
| Financial charges | 65/66B | €221 | €60 | -€161 | -72.8% |
| Recurring financial charges | 65 | €221 | €60 | -€161 | -72.8% |
| Profit (loss) for the period before taxes | 9903 | -€31,535 | -€18,864 | +€12,672 | +40.2% |
| Income taxes | 67/77 | €504 | €725 | +€221 | +43.8% |
| Profit (loss) for the period | 9904 | -€32,039 | -€19,589 | +€12,451 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,039 | -€19,589 | +€12,451 | +38.9% |
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 13 October 2026 via checked.be.