DECADES: 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.
DECADES
Largest movements
- Tangible fixed assets -€2,567
down €2,567 (-61.3%), from €4,184 to €1,618
- Receivables within one year -€838
down €838 (-2.7%), from €31,263 to €30,424
- Cash -€753
down €753 (-7.2%), from €10,409 to €9,656
mainly Tax, wage and social debts (-€6,078) and Other debts (-€833)
- Tax, wage and social debts -€6,078
down €6,078 (-40.9%), from €14,847 to €8,769
- Trade debts +€2,682
up €2,682 (+59.9%), from €4,477 to €7,158
- Other debts -€833
down €833 (-50.0%), from €1,666 to €833
- Profit (loss) carried forward +€593
up €593 (+2.9%), from €20,818 to €21,411
- Accrued charges and deferred income -€525
no longer reported in 2025 (was €525)
- Purchases and services +€34,944
up €34,944 (+34.1%), from €102,408 to €137,351
- Gross operating margin -€23,920
down €23,920 (-80.0%), from €29,888 to €5,968
- Turnover +€10,723
up €10,723 (+8.2%), from €131,396 to €142,119
- Taxes -€5,214
down €5,214 (-83.1%), from €6,276 to €1,062
- Depreciation +€1,618
up €1,618 (+170.4%), from €949 to €2,567
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 | €47,332 | €43,172 | -€4,160 | -8.8% |
| Fixed assets | 21/28 | €4,241 | €1,674 | -€2,567 | -60.5% |
| Tangible fixed assets | 22/27 | €4,184 | €1,618 | -€2,567 | -61.3% |
| Furniture and vehicles | 24 | €4,184 | €1,618 | -€2,567 | -61.3% |
| Financial fixed assets | 28 | €56 | €56 | = | 0.0% |
| Current assets | 29/58 | €43,091 | €41,498 | -€1,593 | -3.7% |
| Amounts receivable within one year | 40/41 | €31,263 | €30,424 | -€838 | -2.7% |
| Trade receivables | 40 | €31,263 | €30,424 | -€838 | -2.7% |
| Cash at bank and in hand | 54/58 | €10,409 | €9,656 | -€753 | -7.2% |
| Deferred charges and accrued income | 490/1 | €1,419 | €1,417 | -€2 | -0.1% |
| Total equity and liabilities | 10/49 | €47,332 | €43,172 | -€4,160 | -8.8% |
| Equity | 10/15 | €25,818 | €26,411 | +€593 | +2.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,818 | €21,411 | +€593 | +2.9% |
| Amounts payable | 17/49 | €21,514 | €16,760 | -€4,754 | -22.1% |
| Amounts payable within one year | 42/48 | €20,989 | €16,760 | -€4,229 | -20.1% |
| Trade debts | 44 | €4,477 | €7,158 | +€2,682 | +59.9% |
| Suppliers | 440/4 | €4,477 | €7,158 | +€2,682 | +59.9% |
| Taxes, remuneration and social security | 45 | €14,847 | €8,769 | -€6,078 | -40.9% |
| Taxes | 450/3 | €14,847 | €8,769 | -€6,078 | -40.9% |
| Other amounts payable | 47/48 | €1,666 | €833 | -€833 | -50.0% |
| Accrued charges and deferred income | 492/3 | €525 | - | -€525 | |
| Turnover | 70 | €131,396 | €142,119 | +€10,723 | +8.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €102,408 | €137,351 | +€34,944 | +34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €949 | €2,567 | +€1,618 | +170.4% |
| Other operating charges | 640/8 | €178 | €853 | +€675 | +380.3% |
| Gross operating margin | 9900 | €29,888 | €5,968 | -€23,920 | -80.0% |
| Operating profit (loss) | 9901 | €28,761 | €2,548 | -€26,213 | -91.1% |
| Financial charges | 65/66B | €1 | €60 | +€59 | +5725.2% |
| Recurring financial charges | 65 | €1 | €60 | +€59 | +5725.2% |
| Profit (loss) for the period before taxes | 9903 | €28,760 | €2,488 | -€26,272 | -91.3% |
| Income taxes | 67/77 | €6,276 | €1,062 | -€5,214 | -83.1% |
| Profit (loss) for the period | 9904 | €22,484 | €1,426 | -€21,058 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,484 | €1,426 | -€21,058 | -93.7% |
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 11 October 2026 via checked.be.