D-MONTAGE: 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.
D-MONTAGE
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€7,400
down €7,400 (-100%), from €7,400 to €0
- Depreciation -€5,351
down €5,351 (-100%), from €5,351 to €0
- Other operating charges -€806
no longer reported in 2025 (was €806)
- Financial charges -€393
no longer reported in 2025 (was €393)
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,489 | €43,489 | = | 0.0% |
| Fixed assets | 21/28 | €5,516 | €5,516 | = | 0.0% |
| Tangible fixed assets | 22/27 | €5,516 | €5,516 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,584 | €1,584 | = | 0.0% |
| Furniture and vehicles | 24 | €3,932 | €3,932 | = | 0.0% |
| Current assets | 29/58 | €37,973 | €37,973 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,216 | €8,216 | = | 0.0% |
| Trade receivables | 40 | €7,960 | €7,960 | = | 0.0% |
| Other amounts receivable | 41 | €256 | €256 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,757 | €29,757 | = | 0.0% |
| Total equity and liabilities | 10/49 | €43,489 | €43,489 | = | 0.0% |
| Equity | 10/15 | €8,860 | €8,860 | = | 0.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Capital | 10 | €6,000 | €6,000 | = | 0.0% |
| Issued capital | 100 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,860 | €2,860 | = | 0.0% |
| Amounts payable | 17/49 | €34,629 | €34,629 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34,629 | €34,629 | = | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €1,366 | €1,366 | = | 0.0% |
| Trade debts | 44 | €25,800 | €25,800 | = | 0.0% |
| Suppliers | 440/4 | €25,800 | €25,800 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,958 | €6,958 | = | 0.0% |
| Taxes | 450/3 | €515 | €515 | = | 0.0% |
| Remuneration and social security | 454/9 | €6,443 | €6,443 | = | 0.0% |
| Other amounts payable | 47/48 | €505 | €505 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,351 | €0 | -€5,351 | -100% |
| Other operating charges | 640/8 | €806 | - | -€806 | |
| Gross operating margin | 9900 | €7,400 | €0 | -€7,400 | -100% |
| Operating profit (loss) | 9901 | €1,243 | €0 | -€1,243 | -100% |
| Financial income | 75/76B | €69 | - | -€69 | |
| Recurring financial income | 75 | €69 | - | -€69 | |
| Financial charges | 65/66B | €393 | - | -€393 | |
| Recurring financial charges | 65 | €393 | - | -€393 | |
| Profit (loss) for the period before taxes | 9903 | €919 | €0 | -€919 | -100% |
| Profit (loss) for the period | 9904 | €919 | €0 | -€919 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €919 | €0 | -€919 | -100% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.