CONTRACTUM: 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.
CONTRACTUM
Largest movements
- Tangible fixed assets -€10,317
down €10,317 (-27.4%), from €37,713 to €27,396
of which Furniture and vehicles: -€9,005
- Cash -€2,877
down €2,877 (-27.3%), from €10,544 to €7,667
mainly Debts after one year (-€6,368) and Other debts (-€4,485)
- Deferred charges and accrued income +€886
up €886 (+41.8%), from €2,119 to €3,006
- Debts after one year -€6,368
down €6,368 (-32.5%), from €19,582 to €13,214
- Profit (loss) carried forward +€4,867
up €4,867 (+61.7%), from -€7,883 to -€3,016
- Other debts -€4,485
down €4,485 (-100%), from €4,485 to €0
- Trade debts -€3,358
down €3,358 (-26.4%), from €12,732 to €9,374
- Tax, wage and social debts -€2,878
down €2,878 (-29.5%), from €9,769 to €6,892
of which Remuneration and social security: -€9,521
- Staff costs -€67,325
down €67,325, from €60,812 to -€6,513
- Gross operating margin -€53,761
down €53,761 (-80.7%), from €66,602 to €12,841
- Depreciation +€7,068
up €7,068 (+218%), from €3,249 to €10,317
- Taxes +€1,957
up €1,957 (+806%), from €243 to €2,200
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 | €65,452 | €53,457 | -€11,995 | -18.3% |
| Fixed assets | 21/28 | €37,713 | €27,396 | -€10,317 | -27.4% |
| Tangible fixed assets | 22/27 | €37,713 | €27,396 | -€10,317 | -27.4% |
| Plant, machinery and equipment | 23 | €2,444 | €1,132 | -€1,312 | -53.7% |
| Furniture and vehicles | 24 | €35,269 | €26,264 | -€9,005 | -25.5% |
| Current assets | 29/58 | €27,739 | €26,061 | -€1,678 | -6.0% |
| Amounts receivable within one year | 40/41 | €15,076 | €15,388 | +€313 | +2.1% |
| Trade receivables | 40 | €10,831 | €11,424 | +€593 | +5.5% |
| Other amounts receivable | 41 | €4,245 | €3,964 | -€281 | -6.6% |
| Cash at bank and in hand | 54/58 | €10,544 | €7,667 | -€2,877 | -27.3% |
| Deferred charges and accrued income | 490/1 | €2,119 | €3,006 | +€886 | +41.8% |
| Total equity and liabilities | 10/49 | €65,452 | €53,457 | -€11,995 | -18.3% |
| Equity | 10/15 | €12,742 | €17,609 | +€4,867 | +38.2% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,883 | -€3,016 | +€4,867 | +61.7% |
| Amounts payable | 17/49 | €52,710 | €35,848 | -€16,862 | -32.0% |
| Amounts payable after more than one year | 17 | €19,582 | €13,214 | -€6,368 | -32.5% |
| Financial debts | 170/4 | €19,582 | €13,214 | -€6,368 | -32.5% |
| Amounts payable within one year | 42/48 | €33,128 | €22,633 | -€10,494 | -31.7% |
| Current portion of amounts payable after more than one year | 42 | €6,141 | €6,368 | +€226 | +3.7% |
| Trade debts | 44 | €12,732 | €9,374 | -€3,358 | -26.4% |
| Suppliers | 440/4 | €12,732 | €9,374 | -€3,358 | -26.4% |
| Taxes, remuneration and social security | 45 | €9,769 | €6,892 | -€2,878 | -29.5% |
| Taxes | 450/3 | €248 | €6,892 | +€6,644 | +2,678% |
| Remuneration and social security | 454/9 | €9,521 | €0 | -€9,521 | -100% |
| Other amounts payable | 47/48 | €4,485 | €0 | -€4,485 | -100% |
| Non-recurring operating income | 76A | €1,883 | €0 | -€1,883 | -100% |
| Remuneration, social security and pensions | 62 | €60,812 | -€6,513 | -€67,325 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,249 | €10,317 | +€7,068 | +218% |
| Other operating charges | 640/8 | €1,382 | €956 | -€426 | -30.8% |
| Gross operating margin | 9900 | €66,602 | €12,841 | -€53,761 | -80.7% |
| Operating profit (loss) | 9901 | €1,159 | €8,081 | +€6,922 | +597% |
| Financial income | 75/76B | €317 | €0 | -€317 | -100.0% |
| Recurring financial income | 75 | €317 | €0 | -€317 | -100.0% |
| Financial charges | 65/66B | €752 | €1,014 | +€262 | +34.8% |
| Recurring financial charges | 65 | €752 | €1,014 | +€262 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €725 | €7,067 | +€6,343 | +875% |
| Income taxes | 67/77 | €243 | €2,200 | +€1,957 | +806% |
| Profit (loss) for the period | 9904 | €482 | €4,867 | +€4,385 | +911% |
| Profit (loss) for the period to be appropriated | 9905 | €482 | €4,867 | +€4,385 | +911% |
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.