de curve: 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 curve
Largest movements
- Receivables within one year -€198
down €198 (-2.6%), from €7,547 to €7,349
- Profit (loss) carried forward -€384
down €384 (-0.5%), from -€76,072 to -€76,456
- Other debts +€250
up €250 (+0.3%), from €74,723 to €74,973
- Financial charges -€457
no longer reported in 2025 (was €457)
- Gross operating margin -€195
down €195 (-103%), from -€189 to -€384
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,547 | €7,349 | -€198 | -2.6% |
| Current assets | 29/58 | €7,547 | €7,349 | -€198 | -2.6% |
| Amounts receivable within one year | 40/41 | €7,547 | €7,349 | -€198 | -2.6% |
| Other amounts receivable | 41 | €7,547 | €7,349 | -€198 | -2.6% |
| Total equity and liabilities | 10/49 | €7,547 | €7,349 | -€198 | -2.6% |
| Equity | 10/15 | -€68,012 | -€68,396 | -€384 | -0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,072 | -€76,456 | -€384 | -0.5% |
| Amounts payable | 17/49 | €75,559 | €75,745 | +€186 | +0.2% |
| Amounts payable within one year | 42/48 | €74,787 | €74,973 | +€186 | +0.2% |
| Trade debts | 44 | €64 | - | -€64 | |
| Suppliers | 440/4 | €64 | - | -€64 | |
| Other amounts payable | 47/48 | €74,723 | €74,973 | +€250 | +0.3% |
| Accrued charges and deferred income | 492/3 | €772 | €772 | = | 0.0% |
| Gross operating margin | 9900 | -€189 | -€384 | -€195 | -103% |
| Operating profit (loss) | 9901 | -€189 | -€384 | -€195 | -103% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €457 | - | -€457 | |
| Recurring financial charges | 65 | €457 | - | -€457 | |
| Profit (loss) for the period before taxes | 9903 | -€644 | -€384 | +€260 | +40.3% |
| Income taxes | 67/77 | €1 | - | -€1 | |
| Profit (loss) for the period | 9904 | -€645 | -€384 | +€261 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€645 | -€384 | +€261 | +40.4% |
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 15 October 2026 via checked.be.