CONSULTAR: what changed
Two fiscal 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.
CONSULTAR
Largest movements
- Financial fixed assets -€425,000
down €425,000 (-100.0%), from €425,000 to €0
- Receivables within one year -€9,173
down €9,173 (-79.2%), from €11,575 to €2,402
of which Trade receivables: -€8,694
- Profit (loss) carried forward -€175,984
new in 2025: -€175,984
- Debts after one year -€121,042
no longer reported in 2025 (was €121,042)
- Reserves -€49,000
down €49,000 (-20.5%), from €238,831 to €189,831
- Current portion of long-term debt -€36,156
no longer reported in 2025 (was €36,156)
- Other debts -€32,441
down €32,441 (-54.2%), from €59,823 to €27,382
- Financial charges +€122,904
up €122,904 (+1521.5%), from €8,078 to €130,982
of which Non-recurring financial charges: +€123,497
- Financial income -€75,000
down €75,000 (-88.2%), from €85,000 to €10,000
- Gross operating margin -€67,403
down €67,403, from €17,124 to -€50,279
- Taxes -€10,795
down €10,795 (-97.2%), from €11,106 to €311
- Depreciation +€992
up €992 (+51.2%), from €1,939 to €2,931
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.
Cash bridge derived
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 | €493,374 | €64,948 | -€428,426 | -86.8% |
| Fixed assets | 21/28 | €429,269 | €8,777 | -€420,492 | -98.0% |
| Tangible fixed assets | 22/27 | €4,269 | €8,777 | +€4,508 | +105.6% |
| Plant, machinery and equipment | 23 | - | €6,446 | +€6,446 | |
| Furniture and vehicles | 24 | €4,269 | €2,330 | -€1,939 | -45.4% |
| Financial fixed assets | 28 | €425,000 | €0 | -€425,000 | -100.0% |
| Current assets | 29/58 | €64,105 | €56,172 | -€7,933 | -12.4% |
| Amounts receivable within one year | 40/41 | €11,575 | €2,402 | -€9,173 | -79.2% |
| Trade receivables | 40 | €9,680 | €986 | -€8,694 | -89.8% |
| Other amounts receivable | 41 | €1,895 | €1,417 | -€478 | -25.2% |
| Cash at bank and in hand | 54/58 | €51,530 | €52,748 | +€1,218 | +2.4% |
| Deferred charges and accrued income | 490/1 | €1,000 | €1,021 | +€21 | +2.1% |
| Total equity and liabilities | 10/49 | €493,374 | €64,948 | -€428,426 | -86.8% |
| Equity | 10/15 | €257,431 | €32,447 | -€224,984 | -87.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €238,831 | €189,831 | -€49,000 | -20.5% |
| Distributable reserves | 133 | €238,831 | €189,831 | -€49,000 | -20.5% |
| Profit (loss) carried forward | 14 | - | -€175,984 | -€175,984 | |
| Amounts payable | 17/49 | €235,943 | €32,501 | -€203,442 | -86.2% |
| Amounts payable after more than one year | 17 | €121,042 | - | -€121,042 | |
| Financial debts | 170/4 | €121,042 | - | -€121,042 | |
| Amounts payable within one year | 42/48 | €114,901 | €32,501 | -€82,400 | -71.7% |
| Current portion of amounts payable after more than one year | 42 | €36,156 | - | -€36,156 | |
| Trade debts | 44 | €95 | €2,103 | +€2,008 | +2113.7% |
| Suppliers | 440/4 | €95 | €2,103 | +€2,008 | +2113.7% |
| Taxes, remuneration and social security | 45 | €18,827 | €3,017 | -€15,810 | -84.0% |
| Taxes | 450/3 | €18,827 | €3,017 | -€15,810 | -84.0% |
| Other amounts payable | 47/48 | €59,823 | €27,382 | -€32,441 | -54.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,939 | €2,931 | +€992 | +51.2% |
| Other operating charges | 640/8 | €1,283 | €1,481 | +€198 | +15.5% |
| Gross operating margin | 9900 | €17,124 | -€50,279 | -€67,403 | |
| Operating profit (loss) | 9901 | €13,902 | -€54,692 | -€68,594 | |
| Financial income | 75/76B | €85,000 | €10,000 | -€75,000 | -88.2% |
| Recurring financial income | 75 | €85,000 | €10,000 | -€75,000 | -88.2% |
| Financial charges | 65/66B | €8,078 | €130,982 | +€122,904 | +1521.5% |
| Recurring financial charges | 65 | €8,078 | €7,484 | -€594 | -7.3% |
| Non-recurring financial charges | 66B | - | €123,497 | +€123,497 | |
| Profit (loss) for the period before taxes | 9903 | €90,824 | -€175,673 | -€266,497 | |
| Income taxes | 67/77 | €11,106 | €311 | -€10,795 | -97.2% |
| Profit (loss) for the period | 9904 | €79,718 | -€175,984 | -€255,702 | |
| Profit (loss) for the period to be appropriated | 9905 | €79,718 | -€175,984 | -€255,702 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.