CRITERE: 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.
CRITERE
Largest movements
- Receivables within one year -€11,213
down €11,213 (-37.9%), from €29,612 to €18,399
of which Other amounts receivable: -€7,481
- Cash -€10,923
down €10,923 (-86.4%), from €12,641 to €1,719
mainly Trade debts (-€31,857) and Net result for the year (-€9,961)
- Tangible fixed assets +€1,405
up €1,405 (+10.9%), from €12,837 to €14,242
of which Other tangible fixed assets: +€4,885
- Trade debts -€31,857
down €31,857 (-49.3%), from €64,624 to €32,766
- Other debts +€17,268
new in 2025: €17,268
- Profit (loss) carried forward -€9,961
down €9,961 (-29.9%), from -€33,370 to -€43,331
- Tax, wage and social debts +€3,314
up €3,314 (+84.3%), from €3,930 to €7,244
- Gross operating margin -€37,422
down €37,422 (-93.8%), from €39,891 to €2,469
- Taxes -€3,571
down €3,571 (-92.1%), from €3,875 to €304
- Other operating charges +€3,120
up €3,120 (+174.5%), from €1,788 to €4,908
- Depreciation +€1,040
up €1,040 (+19.0%), from €5,485 to €6,524
- Financial charges -€458
down €458 (-39.7%), from €1,152 to €694
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 | €55,643 | €34,949 | -€20,694 | -37.2% |
| Fixed assets | 21/28 | €12,837 | €14,242 | +€1,405 | +10.9% |
| Tangible fixed assets | 22/27 | €12,837 | €14,242 | +€1,405 | +10.9% |
| Furniture and vehicles | 24 | €12,837 | €9,357 | -€3,480 | -27.1% |
| Other tangible fixed assets | 26 | - | €4,885 | +€4,885 | |
| Current assets | 29/58 | €42,806 | €20,707 | -€22,099 | -51.6% |
| Amounts receivable within one year | 40/41 | €29,612 | €18,399 | -€11,213 | -37.9% |
| Trade receivables | 40 | €21,155 | €17,423 | -€3,732 | -17.6% |
| Other amounts receivable | 41 | €8,457 | €975 | -€7,481 | -88.5% |
| Cash at bank and in hand | 54/58 | €12,641 | €1,719 | -€10,923 | -86.4% |
| Deferred charges and accrued income | 490/1 | €553 | €589 | +€36 | +6.6% |
| Total equity and liabilities | 10/49 | €55,643 | €34,949 | -€20,694 | -37.2% |
| Equity | 10/15 | -€12,910 | -€22,871 | -€9,961 | -77.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,370 | -€43,331 | -€9,961 | -29.9% |
| Amounts payable | 17/49 | €68,553 | €57,821 | -€10,733 | -15.7% |
| Amounts payable within one year | 42/48 | €68,553 | €57,821 | -€10,733 | -15.7% |
| Financial debts | 43 | - | €543 | +€543 | |
| Credit institutions | 430/8 | - | €543 | +€543 | |
| Trade debts | 44 | €64,624 | €32,766 | -€31,857 | -49.3% |
| Suppliers | 440/4 | €64,624 | €32,766 | -€31,857 | -49.3% |
| Taxes, remuneration and social security | 45 | €3,930 | €7,244 | +€3,314 | +84.3% |
| Taxes | 450/3 | €3,930 | €7,244 | +€3,314 | +84.3% |
| Other amounts payable | 47/48 | - | €17,268 | +€17,268 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,485 | €6,524 | +€1,040 | +19.0% |
| Other operating charges | 640/8 | €1,788 | €4,908 | +€3,120 | +174.5% |
| Gross operating margin | 9900 | €39,891 | €2,469 | -€37,422 | -93.8% |
| Operating profit (loss) | 9901 | €32,619 | -€8,963 | -€41,582 | |
| Financial income | 75/76B | €419 | €0 | -€419 | -100.0% |
| Recurring financial income | 75 | €419 | €0 | -€419 | -100.0% |
| Financial charges | 65/66B | €1,152 | €694 | -€458 | -39.7% |
| Recurring financial charges | 65 | €1,152 | €694 | -€458 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €31,886 | -€9,657 | -€41,543 | |
| Income taxes | 67/77 | €3,875 | €304 | -€3,571 | -92.1% |
| Profit (loss) for the period | 9904 | €28,010 | -€9,961 | -€37,972 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,010 | -€9,961 | -€37,972 |
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 4 October 2026 via checked.be.