DE 1900: 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.
DE 1900
Largest movements
- Cash -€38,547
down €38,547 (-77.1%), from €50,015 to €11,468
mainly Net result for the year (-€27,746) and Receivables within one year (-€11,128)
- Receivables within one year +€11,128
up €11,128 (+999%), from €1,114 to €12,242
of which Other amounts receivable: +€12,242
- Stocks and contracts +€2,916
up €2,916 (+43.1%), from €6,767 to €9,683
- Tangible fixed assets +€2,220
up €2,220 (+22.7%), from €9,782 to €12,002
of which Plant, machinery and equipment: +€3,183
- Profit (loss) carried forward -€27,746
down €27,746, from €27,232 to -€514
- Trade debts +€4,775
up €4,775 (+32.3%), from €14,793 to €19,568
- Other debts +€4,349
up €4,349 (+22.9%), from €18,952 to €23,301
- Tax, wage and social debts -€3,660
down €3,660 (-75.6%), from €4,841 to €1,181
- Turnover -€261,901
no longer reported in 2025 (was €261,901)
- Purchases and services -€165,775
no longer reported in 2025 (was €165,775)
- Gross operating margin -€31,384
down €31,384 (-28.5%), from €110,207 to €78,823
- Staff costs +€16,509
up €16,509 (+23.7%), from €69,759 to €86,268
- Other operating charges -€7,870
down €7,870 (-66.1%), from €11,905 to €4,036
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.
Derived cash bridge
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 | €67,678 | €45,395 | -€22,283 | -32.9% |
| Fixed assets | 21/28 | €9,782 | €12,002 | +€2,220 | +22.7% |
| Tangible fixed assets | 22/27 | €9,782 | €12,002 | +€2,220 | +22.7% |
| Plant, machinery and equipment | 23 | €7,855 | €11,038 | +€3,183 | +40.5% |
| Furniture and vehicles | 24 | €1,927 | €964 | -€963 | -50.0% |
| Current assets | 29/58 | €57,896 | €33,393 | -€24,503 | -42.3% |
| Stocks and contracts in progress | 3 | €6,767 | €9,683 | +€2,916 | +43.1% |
| Stocks | 30/36 | €6,767 | €9,683 | +€2,916 | +43.1% |
| Amounts receivable within one year | 40/41 | €1,114 | €12,242 | +€11,128 | +999% |
| Trade receivables | 40 | €1,114 | - | -€1,114 | |
| Other amounts receivable | 41 | - | €12,242 | +€12,242 | |
| Cash at bank and in hand | 54/58 | €50,015 | €11,468 | -€38,547 | -77.1% |
| Total equity and liabilities | 10/49 | €67,678 | €45,395 | -€22,283 | -32.9% |
| Equity | 10/15 | €29,092 | €1,346 | -€27,746 | -95.4% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €27,232 | -€514 | -€27,746 | |
| Amounts payable | 17/49 | €38,586 | €44,049 | +€5,463 | +14.2% |
| Amounts payable within one year | 42/48 | €38,586 | €44,049 | +€5,463 | +14.2% |
| Trade debts | 44 | €14,793 | €19,568 | +€4,775 | +32.3% |
| Suppliers | 440/4 | €14,793 | €19,568 | +€4,775 | +32.3% |
| Taxes, remuneration and social security | 45 | €4,841 | €1,181 | -€3,660 | -75.6% |
| Taxes | 450/3 | €4,841 | €1,181 | -€3,660 | -75.6% |
| Other amounts payable | 47/48 | €18,952 | €23,301 | +€4,349 | +22.9% |
| Turnover | 70 | €261,901 | - | -€261,901 | |
| Goods, raw materials, services and sundry goods | 60/61 | €165,775 | - | -€165,775 | |
| Remuneration, social security and pensions | 62 | €69,759 | €86,268 | +€16,509 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,316 | €3,800 | -€1,516 | -28.5% |
| Other operating charges | 640/8 | €11,905 | €4,036 | -€7,870 | -66.1% |
| Gross operating margin | 9900 | €110,207 | €78,823 | -€31,384 | -28.5% |
| Operating profit (loss) | 9901 | €23,227 | -€15,280 | -€38,507 | |
| Financial charges | 65/66B | €2,549 | €799 | -€1,750 | -68.7% |
| Recurring financial charges | 65 | €2,549 | €799 | -€1,750 | -68.7% |
| Profit (loss) for the period before taxes | 9903 | €20,678 | -€16,079 | -€36,757 | |
| Income taxes | 67/77 | €9,355 | €11,667 | +€2,312 | +24.7% |
| Profit (loss) for the period | 9904 | €11,323 | -€27,746 | -€39,069 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,323 | -€27,746 | -€39,069 |
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 17 October 2026 via checked.be.