D & V: what changed
D & V
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€1,061
down €1,061 (-2.2%), from -€48,161 to -€49,222
- Trade debts +€950
up €950 (+285%), from €333 to €1,282
- Other debts +€112
up €112 (+0.5%), from €22,337 to €22,449
- Gross operating margin -€430
down €430 (-129%), from -€333 to -€763
- Other operating charges +€253
new in 2025: €253
- Financial charges +€44
up €44 (+1,740%), from €3 to €46
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16 | €16 | = | 0.0% |
| Current assets | 29/58 | €16 | €16 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16 | €16 | = | 0.0% |
| Total equity and liabilities | 10/49 | €16 | €16 | = | 0.0% |
| Equity | 10/15 | -€27,710 | -€28,771 | -€1,061 | -3.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,161 | -€49,222 | -€1,061 | -2.2% |
| Amounts payable | 17/49 | €27,725 | €28,787 | +€1,061 | +3.8% |
| Amounts payable after more than one year | 17 | €4,553 | €4,553 | = | 0.0% |
| Other amounts payable | 178/9 | €4,553 | €4,553 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,172 | €24,234 | +€1,061 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €503 | €503 | = | 0.0% |
| Trade debts | 44 | €333 | €1,282 | +€950 | +285% |
| Suppliers | 440/4 | €333 | €1,282 | +€950 | +285% |
| Other amounts payable | 47/48 | €22,337 | €22,449 | +€112 | +0.5% |
| Other operating charges | 640/8 | - | €253 | +€253 | |
| Gross operating margin | 9900 | -€333 | -€763 | -€430 | -129% |
| Operating profit (loss) | 9901 | -€333 | -€1,015 | -€683 | -205% |
| Financial charges | 65/66B | €3 | €46 | +€44 | +1,740% |
| Recurring financial charges | 65 | €3 | €46 | +€44 | +1,740% |
| Profit (loss) for the period before taxes | 9903 | -€335 | -€1,061 | -€726 | -217% |
| Profit (loss) for the period | 9904 | -€335 | -€1,061 | -€726 | -217% |
| Profit (loss) for the period to be appropriated | 9905 | -€335 | -€1,061 | -€726 | -217% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.