CONTINUOUS IMPROVEMENT SOLUTIONS: 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.
CONTINUOUS IMPROVEMENT SOLUTIONS
Largest movements
- Cash -€53,522
down €53,522 (-44.4%), from €120,424 to €66,902
mainly Net result for the year (-€53,186) and Other debts (-€12,773)
- Tangible fixed assets -€6,389
down €6,389 (-38.1%), from €16,788 to €10,399
- Receivables within one year -€2,588
down €2,588 (-75.9%), from €3,409 to €820
- Profit (loss) carried forward -€53,186
down €53,186, from €40,662 to -€12,524
- Other debts -€12,773
down €12,773 (-55.0%), from €23,209 to €10,436
- Trade debts +€2,585
up €2,585 (+187.4%), from €1,380 to €3,965
- Tax, wage and social debts +€1,426
new in 2025: €1,426
- Gross operating margin -€61,779
down €61,779, from €16,238 to -€45,541
- Taxes -€5,567
down €5,567, from €2,017 to -€3,550
- Other operating charges -€2,554
down €2,554 (-81.1%), from €3,148 to €593
- Staff costs -€1,838
down €1,838 (-39.7%), from €4,635 to €2,797
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 | €140,711 | €78,763 | -€61,948 | -44.0% |
| Fixed assets | 21/28 | €16,878 | €10,489 | -€6,389 | -37.9% |
| Tangible fixed assets | 22/27 | €16,788 | €10,399 | -€6,389 | -38.1% |
| Furniture and vehicles | 24 | €16,788 | €10,399 | -€6,389 | -38.1% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €123,833 | €68,275 | -€55,558 | -44.9% |
| Amounts receivable within one year | 40/41 | €3,409 | €820 | -€2,588 | -75.9% |
| Other amounts receivable | 41 | €3,409 | €820 | -€2,588 | -75.9% |
| Cash at bank and in hand | 54/58 | €120,424 | €66,902 | -€53,522 | -44.4% |
| Deferred charges and accrued income | 490/1 | - | €552 | +€552 | |
| Total equity and liabilities | 10/49 | €140,711 | €78,763 | -€61,948 | -44.0% |
| Equity | 10/15 | €116,122 | €62,936 | -€53,186 | -45.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €56,860 | €56,860 | = | 0.0% |
| Distributable reserves | 133 | €56,860 | €56,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,662 | -€12,524 | -€53,186 | |
| Amounts payable | 17/49 | €24,589 | €15,827 | -€8,762 | -35.6% |
| Amounts payable within one year | 42/48 | €24,589 | €15,827 | -€8,762 | -35.6% |
| Trade debts | 44 | €1,380 | €3,965 | +€2,585 | +187.4% |
| Suppliers | 440/4 | €1,380 | €3,965 | +€2,585 | +187.4% |
| Taxes, remuneration and social security | 45 | - | €1,426 | +€1,426 | |
| Remuneration and social security | 454/9 | - | €1,426 | +€1,426 | |
| Other amounts payable | 47/48 | €23,209 | €10,436 | -€12,773 | -55.0% |
| Remuneration, social security and pensions | 62 | €4,635 | €2,797 | -€1,838 | -39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,383 | €7,289 | -€94 | -1.3% |
| Other operating charges | 640/8 | €3,148 | €593 | -€2,554 | -81.1% |
| Gross operating margin | 9900 | €16,238 | -€45,541 | -€61,779 | |
| Operating profit (loss) | 9901 | €1,072 | -€56,220 | -€57,292 | |
| Financial income | 75/76B | €840 | €585 | -€255 | -30.3% |
| Recurring financial income | 75 | €840 | €585 | -€255 | -30.3% |
| Financial charges | 65/66B | €1,379 | €1,101 | -€278 | -20.1% |
| Recurring financial charges | 65 | €1,379 | €1,101 | -€278 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €533 | -€56,736 | -€57,269 | |
| Income taxes | 67/77 | €2,017 | -€3,550 | -€5,567 | |
| Profit (loss) for the period | 9904 | -€1,484 | -€53,186 | -€51,702 | -3484.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,484 | -€53,186 | -€51,702 | -3484.4% |
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.