Data unchained: 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.
Data unchained
Largest movements
- Receivables within one year -€8,962
down €8,962 (-23.6%), from €38,002 to €29,040
of which Trade receivables: -€6,774
- Cash -€2,257
down €2,257 (-6.3%), from €36,066 to €33,809
mainly Contributions, distributions and other (-€47,183) and Trade debts (-€7,918)
- Deferred charges and accrued income +€2,152
up €2,152 (+656.0%), from €328 to €2,480
- Tangible fixed assets +€775
up €775 (+70.4%), from €1,100 to €1,875
of which Furniture and vehicles: +€1,173
- Trade debts -€7,918
down €7,918 (-69.3%), from €11,430 to €3,512
- Tax, wage and social debts +€946
up €946 (+7.9%), from €11,983 to €12,929
of which Taxes: +€634
- Taxes +€3,831
up €3,831 (+29.6%), from €12,956 to €16,787
- Financial charges -€2,712
down €2,712 (-76.3%), from €3,552 to €841
- Gross operating margin -€1,501
down €1,501 (-2.2%), from €67,094 to €65,593
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 | €76,696 | €68,403 | -€8,293 | -10.8% |
| Fixed assets | 21/28 | €2,300 | €3,075 | +€775 | +33.7% |
| Tangible fixed assets | 22/27 | €1,100 | €1,875 | +€775 | +70.4% |
| Plant, machinery and equipment | 23 | €658 | €260 | -€398 | -60.5% |
| Furniture and vehicles | 24 | €442 | €1,615 | +€1,173 | +265.1% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €74,396 | €65,328 | -€9,067 | -12.2% |
| Amounts receivable within one year | 40/41 | €38,002 | €29,040 | -€8,962 | -23.6% |
| Trade receivables | 40 | €35,814 | €29,040 | -€6,774 | -18.9% |
| Other amounts receivable | 41 | €2,188 | - | -€2,188 | |
| Cash at bank and in hand | 54/58 | €36,066 | €33,809 | -€2,257 | -6.3% |
| Deferred charges and accrued income | 490/1 | €328 | €2,480 | +€2,152 | +656.0% |
| Total equity and liabilities | 10/49 | €76,696 | €68,403 | -€8,293 | -10.8% |
| Equity | 10/15 | €12,349 | €11,723 | -€626 | -5.1% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,489 | €9,863 | -€626 | -6.0% |
| Amounts payable | 17/49 | €64,347 | €56,681 | -€7,667 | -11.9% |
| Amounts payable within one year | 42/48 | €64,347 | €56,681 | -€7,667 | -11.9% |
| Trade debts | 44 | €11,430 | €3,512 | -€7,918 | -69.3% |
| Suppliers | 440/4 | €11,430 | €3,512 | -€7,918 | -69.3% |
| Taxes, remuneration and social security | 45 | €11,983 | €12,929 | +€946 | +7.9% |
| Taxes | 450/3 | €11,983 | €12,616 | +€634 | +5.3% |
| Remuneration and social security | 454/9 | - | €313 | +€313 | |
| Other amounts payable | 47/48 | €40,934 | €40,239 | -€695 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,015 | €924 | -€90 | -8.9% |
| Other operating charges | 640/8 | €967 | €484 | -€483 | -49.9% |
| Gross operating margin | 9900 | €67,094 | €65,593 | -€1,501 | -2.2% |
| Operating profit (loss) | 9901 | €65,112 | €64,184 | -€928 | -1.4% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €3,552 | €841 | -€2,712 | -76.3% |
| Recurring financial charges | 65 | €3,552 | €841 | -€2,712 | -76.3% |
| Profit (loss) for the period before taxes | 9903 | €61,570 | €63,343 | +€1,773 | +2.9% |
| Income taxes | 67/77 | €12,956 | €16,787 | +€3,831 | +29.6% |
| Profit (loss) for the period | 9904 | €48,614 | €46,556 | -€2,058 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,614 | €46,556 | -€2,058 | -4.2% |
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 10 October 2026 via checked.be.