CÔTÉ CHAUD: 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.
CÔTÉ CHAUD
Largest movements
- Tangible fixed assets -€11,796
down €11,796 (-65.6%), from €17,974 to €6,178
- Stocks and contracts -€9,727
down €9,727 (-31.3%), from €31,038 to €21,310
- Cash -€7,998
down €7,998 (-49.8%), from €16,060 to €8,062
mainly Accrued charges and deferred income (-€28,430) and Trade debts (-€13,382)
- Receivables within one year -€4,914
down €4,914 (-14.2%), from €34,656 to €29,742
of which Trade receivables: -€10,032
- Accrued charges and deferred income -€28,430
down €28,430 (-100%), from €28,430 to €0
- Trade debts -€13,382
down €13,382 (-48.5%), from €27,569 to €14,187
- Profit (loss) carried forward +€10,114
up €10,114, from -€1,184 to €8,929
- Other debts +€6,356
up €6,356 (+184%), from €3,463 to €9,819
- Current portion of long-term debt -€4,955
down €4,955 (-55.0%), from €9,014 to €4,059
- Staff costs -€24,962
down €24,962 (-78.0%), from €32,004 to €7,043
- Gross operating margin -€5,776
down €5,776 (-15.7%), from €36,833 to €31,057
- Depreciation -€1,223
down €1,223 (-9.4%), from €13,018 to €11,796
- Taxes +€713
up €713, from -€13 to €701
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 | €101,714 | €67,509 | -€34,204 | -33.6% |
| Fixed assets | 21/28 | €17,974 | €6,178 | -€11,796 | -65.6% |
| Tangible fixed assets | 22/27 | €17,974 | €6,178 | -€11,796 | -65.6% |
| Plant, machinery and equipment | 23 | €1,839 | €248 | -€1,591 | -86.5% |
| Furniture and vehicles | 24 | €7,150 | €2,312 | -€4,838 | -67.7% |
| Leasing and similar rights | 25 | €8,985 | €3,617 | -€5,367 | -59.7% |
| Current assets | 29/58 | €83,740 | €61,331 | -€22,409 | -26.8% |
| Stocks and contracts in progress | 3 | €31,038 | €21,310 | -€9,727 | -31.3% |
| Stocks | 30/36 | €31,038 | €21,310 | -€9,727 | -31.3% |
| Amounts receivable within one year | 40/41 | €34,656 | €29,742 | -€4,914 | -14.2% |
| Trade receivables | 40 | €31,538 | €21,506 | -€10,032 | -31.8% |
| Other amounts receivable | 41 | €3,118 | €8,237 | +€5,118 | +164% |
| Cash at bank and in hand | 54/58 | €16,060 | €8,062 | -€7,998 | -49.8% |
| Deferred charges and accrued income | 490/1 | €1,986 | €2,216 | +€230 | +11.6% |
| Total equity and liabilities | 10/49 | €101,714 | €67,509 | -€34,204 | -33.6% |
| Equity | 10/15 | €23,816 | €33,929 | +€10,114 | +42.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,184 | €8,929 | +€10,114 | |
| Amounts payable | 17/49 | €77,898 | €33,580 | -€44,318 | -56.9% |
| Amounts payable after more than one year | 17 | €4,059 | €0 | -€4,059 | -100% |
| Financial debts | 170/4 | €4,059 | €0 | -€4,059 | -100% |
| Amounts payable within one year | 42/48 | €45,410 | €33,580 | -€11,830 | -26.1% |
| Current portion of amounts payable after more than one year | 42 | €9,014 | €4,059 | -€4,955 | -55.0% |
| Trade debts | 44 | €27,569 | €14,187 | -€13,382 | -48.5% |
| Suppliers | 440/4 | €27,569 | €14,187 | -€13,382 | -48.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €5,364 | €5,515 | +€151 | +2.8% |
| Taxes | 450/3 | €650 | €4,787 | +€4,137 | +637% |
| Remuneration and social security | 454/9 | €4,714 | €728 | -€3,986 | -84.6% |
| Other amounts payable | 47/48 | €3,463 | €9,819 | +€6,356 | +184% |
| Accrued charges and deferred income | 492/3 | €28,430 | €0 | -€28,430 | -100% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €32,004 | €7,043 | -€24,962 | -78.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,018 | €11,796 | -€1,223 | -9.4% |
| Other operating charges | 640/8 | €664 | €992 | +€328 | +49.5% |
| Gross operating margin | 9900 | €36,833 | €31,057 | -€5,776 | -15.7% |
| Operating profit (loss) | 9901 | -€8,853 | €11,227 | +€20,080 | |
| Financial income | 75/76B | €69 | €40 | -€29 | -42.0% |
| Recurring financial income | 75 | €69 | €40 | -€29 | -42.0% |
| Financial charges | 65/66B | €715 | €452 | -€263 | -36.8% |
| Recurring financial charges | 65 | €715 | €452 | -€263 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,500 | €10,814 | +€20,314 | |
| Income taxes | 67/77 | -€13 | €701 | +€713 | |
| Profit (loss) for the period | 9904 | -€9,487 | €10,114 | +€19,601 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,487 | €10,114 | +€19,601 |
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 22 October 2026 via checked.be.