De Afspraak: 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 Afspraak
Largest movements
- Cash -€24,317
down €24,317 (-29.7%), from €81,863 to €57,546
mainly Tax, wage and social debts (-€24,073) and Other debts (-€18,938)
- Receivables within one year +€13,999
up €13,999 (+2,000%), from €700 to €14,699
of which Other amounts receivable: +€14,390
- Stocks and contracts +€5,347
up €5,347 (+162%), from €3,295 to €8,642
- Tangible fixed assets -€4,766
down €4,766 (-19.5%), from €24,453 to €19,687
of which Plant, machinery and equipment: -€2,524
- Intangible fixed assets -€4,500
down €4,500 (-11.9%), from €37,762 to €33,262
- Tax, wage and social debts -€24,073
down €24,073 (-62.2%), from €38,702 to €14,629
- Reserves +€20,000
up €20,000 (+66.7%), from €30,000 to €50,000
- Other debts -€18,938
down €18,938 (-81.8%), from €23,155 to €4,217
- Profit (loss) carried forward +€7,156
up €7,156 (+13.5%), from €53,194 to €60,351
- Trade debts +€3,125
up €3,125 (+78.4%), from €3,984 to €7,109
- Gross operating margin -€8,720
down €8,720 (-15.1%), from €57,812 to €49,092
- Taxes -€3,327
down €3,327 (-25.6%), from €13,006 to €9,679
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 | €154,035 | €141,306 | -€12,729 | -8.3% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €63,715 | €54,449 | -€9,266 | -14.5% |
| Intangible fixed assets | 21 | €37,762 | €33,262 | -€4,500 | -11.9% |
| Tangible fixed assets | 22/27 | €24,453 | €19,687 | -€4,766 | -19.5% |
| Plant, machinery and equipment | 23 | €7,571 | €5,048 | -€2,524 | -33.3% |
| Furniture and vehicles | 24 | €2,717 | €2,103 | -€614 | -22.6% |
| Other tangible fixed assets | 26 | €14,164 | €12,536 | -€1,628 | -11.5% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €90,320 | €86,857 | -€3,463 | -3.8% |
| Stocks and contracts in progress | 3 | €3,295 | €8,642 | +€5,347 | +162% |
| Stocks | 30/36 | €3,295 | €8,642 | +€5,347 | +162% |
| Amounts receivable within one year | 40/41 | €700 | €14,699 | +€13,999 | +2,000% |
| Trade receivables | 40 | €391 | €0 | -€391 | -100% |
| Other amounts receivable | 41 | €309 | €14,699 | +€14,390 | +4,661% |
| Cash at bank and in hand | 54/58 | €81,863 | €57,546 | -€24,317 | -29.7% |
| Deferred charges and accrued income | 490/1 | €4,462 | €5,970 | +€1,508 | +33.8% |
| Total equity and liabilities | 10/49 | €154,035 | €141,306 | -€12,729 | -8.3% |
| Equity | 10/15 | €88,194 | €115,351 | +€27,156 | +30.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €50,000 | +€20,000 | +66.7% |
| Distributable reserves | 133 | €30,000 | €50,000 | +€20,000 | +66.7% |
| Profit (loss) carried forward | 14 | €53,194 | €60,351 | +€7,156 | +13.5% |
| Amounts payable | 17/49 | €65,841 | €25,955 | -€39,885 | -60.6% |
| Amounts payable within one year | 42/48 | €65,841 | €25,955 | -€39,885 | -60.6% |
| Trade debts | 44 | €3,984 | €7,109 | +€3,125 | +78.4% |
| Suppliers | 440/4 | €3,984 | €7,109 | +€3,125 | +78.4% |
| Taxes, remuneration and social security | 45 | €38,702 | €14,629 | -€24,073 | -62.2% |
| Taxes | 450/3 | €38,702 | €14,629 | -€24,073 | -62.2% |
| Other amounts payable | 47/48 | €23,155 | €4,217 | -€18,938 | -81.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,837 | €9,266 | +€428 | +4.8% |
| Other operating charges | 640/8 | €1,476 | €1,521 | +€45 | +3.0% |
| Gross operating margin | 9900 | €57,812 | €49,092 | -€8,720 | -15.1% |
| Operating profit (loss) | 9901 | €47,498 | €38,305 | -€9,193 | -19.4% |
| Financial income | 75/76B | €23 | €0 | -€23 | -100.0% |
| Recurring financial income | 75 | €23 | €0 | -€23 | -100.0% |
| Financial charges | 65/66B | €1,161 | €1,470 | +€309 | +26.7% |
| Recurring financial charges | 65 | €1,161 | €1,470 | +€309 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €46,360 | €36,835 | -€9,525 | -20.5% |
| Income taxes | 67/77 | €13,006 | €9,679 | -€3,327 | -25.6% |
| Profit (loss) for the period | 9904 | €33,355 | €27,156 | -€6,198 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,355 | €27,156 | -€6,198 | -18.6% |
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 25 October 2026 via checked.be.