DE PIVOT: 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.
DE PIVOT
Largest movements
- Cash -€2,560
down €2,560 (-33.4%), from €7,667 to €5,107
mainly Net result for the year (-€3,305) and Trade debts (-€449)
- Receivables within one year -€1,193
down €1,193 (-6.4%), from €18,789 to €17,596
- Profit (loss) carried forward -€3,305
down €3,305 (-132.4%), from -€2,495 to -€5,800
- Trade debts -€449
no longer reported in 2025 (was €449)
- Gross operating margin -€847
down €847 (-36.0%), from -€2,355 to -€3,202
- Other operating charges -€64
down €64 (-50.7%), from €126 to €62
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 | €26,456 | €22,703 | -€3,754 | -14.2% |
| Current assets | 29/58 | €26,456 | €22,703 | -€3,754 | -14.2% |
| Amounts receivable within one year | 40/41 | €18,789 | €17,596 | -€1,193 | -6.4% |
| Other amounts receivable | 41 | €18,789 | €17,596 | -€1,193 | -6.4% |
| Cash at bank and in hand | 54/58 | €7,667 | €5,107 | -€2,560 | -33.4% |
| Total equity and liabilities | 10/49 | €26,456 | €22,703 | -€3,754 | -14.2% |
| Equity | 10/15 | €26,007 | €22,703 | -€3,305 | -12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,903 | €9,903 | = | 0.0% |
| Non-distributable reserves | 130/1 | €102 | €102 | = | 0.0% |
| Reserves not available under the articles | 1311 | €102 | €102 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,037 | €2,037 | = | 0.0% |
| Distributable reserves | 133 | €7,764 | €7,764 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,495 | -€5,800 | -€3,305 | -132.4% |
| Amounts payable | 17/49 | €449 | - | -€449 | |
| Amounts payable within one year | 42/48 | €449 | - | -€449 | |
| Trade debts | 44 | €449 | - | -€449 | |
| Suppliers | 440/4 | €449 | - | -€449 | |
| Other operating charges | 640/8 | €126 | €62 | -€64 | -50.7% |
| Gross operating margin | 9900 | -€2,355 | -€3,202 | -€847 | -36.0% |
| Operating profit (loss) | 9901 | -€2,481 | -€3,264 | -€783 | -31.6% |
| Financial income | 75/76B | €24 | - | -€24 | |
| Recurring financial income | 75 | €24 | - | -€24 | |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,495 | -€3,305 | -€809 | -32.4% |
| Profit (loss) for the period | 9904 | -€2,495 | -€3,305 | -€809 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,495 | -€3,305 | -€809 | -32.4% |
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 7 October 2026 via checked.be.