Data Analysis and Integration: 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.
Data Analysis and Integration
Largest movements
- Current investments -€139,694
down €139,694 (-100.0%), from €139,694 to €0
- Cash +€121,641
up €121,641 (+884.4%), from €13,755 to €135,395
mainly Current investments (+€139,694) and Receivables after one year (+€28,000)
- Receivables after one year -€28,000
down €28,000 (-100.0%), from €28,000 to €0
- Receivables within one year +€24,346
up €24,346 (+315.0%), from €7,728 to €32,074
of which Other amounts receivable: +€24,258
- Profit (loss) carried forward -€29,249
new in 2025: -€29,249
- Other debts +€7,354
up €7,354 (+139.3%), from €5,279 to €12,633
- Gross operating margin -€48,713
down €48,713, from €7,554 to -€41,159
- Financial income +€11,047
up €11,047 (+462.8%), from €2,387 to €13,434
- Taxes -€2,849
down €2,849 (-95.8%), from €2,973 to €125
- Financial charges +€799
up €799 (+397.2%), from €201 to €1,000
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 | €189,177 | €167,470 | -€21,707 | -11.5% |
| Current assets | 29/58 | €189,177 | €167,470 | -€21,707 | -11.5% |
| Amounts receivable after more than one year | 29 | €28,000 | €0 | -€28,000 | -100.0% |
| Other amounts receivable | 291 | €28,000 | €0 | -€28,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €7,728 | €32,074 | +€24,346 | +315.0% |
| Trade receivables | 40 | €1,700 | €1,788 | +€88 | +5.2% |
| Other amounts receivable | 41 | €6,029 | €30,287 | +€24,258 | +402.4% |
| Current investments | 50/53 | €139,694 | €0 | -€139,694 | -100.0% |
| Cash at bank and in hand | 54/58 | €13,755 | €135,395 | +€121,641 | +884.4% |
| Total equity and liabilities | 10/49 | €189,177 | €167,470 | -€21,707 | -11.5% |
| Equity | 10/15 | €179,724 | €150,475 | -€29,249 | -16.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €176,724 | €176,724 | = | 0.0% |
| Distributable reserves | 133 | €176,724 | €176,724 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€29,249 | -€29,249 | |
| Amounts payable | 17/49 | €9,453 | €16,995 | +€7,542 | +79.8% |
| Amounts payable within one year | 42/48 | €9,453 | €16,995 | +€7,542 | +79.8% |
| Trade debts | 44 | €4,174 | €4,362 | +€188 | +4.5% |
| Suppliers | 440/4 | €4,174 | €4,362 | +€188 | +4.5% |
| Other amounts payable | 47/48 | €5,279 | €12,633 | +€7,354 | +139.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €7,554 | -€41,159 | -€48,713 | |
| Operating profit (loss) | 9901 | €7,167 | -€41,558 | -€48,725 | |
| Financial income | 75/76B | €2,387 | €13,434 | +€11,047 | +462.8% |
| Recurring financial income | 75 | €2,387 | €13,434 | +€11,047 | +462.8% |
| Financial charges | 65/66B | €201 | €1,000 | +€799 | +397.2% |
| Recurring financial charges | 65 | €201 | €1,000 | +€799 | +397.2% |
| Profit (loss) for the period before taxes | 9903 | €9,353 | -€29,125 | -€38,477 | |
| Income taxes | 67/77 | €2,973 | €125 | -€2,849 | -95.8% |
| Profit (loss) for the period | 9904 | €6,380 | -€29,249 | -€35,629 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,380 | -€29,249 | -€35,629 |
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.