Decisios: 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.
Decisios
Largest movements
- Intangible fixed assets +€142,763
up €142,763 (+38.3%), from €373,174 to €515,937
- Receivables within one year -€12,086
down €12,086 (-32.7%), from €37,011 to €24,925
of which Trade receivables: -€6,517
- Debts after one year +€215,489
up €215,489 (+79.8%), from €270,000 to €485,489
of which Financial debts: +€127,946
- Profit (loss) carried forward -€127,005
down €127,005 (-44.5%), from -€285,567 to -€412,571
- Tax, wage and social debts +€31,374
up €31,374 (+539%), from €5,824 to €37,197
of which Taxes: +€19,610
- Trade debts -€21,882
down €21,882 (-53.9%), from €40,600 to €18,718
- Current portion of long-term debt +€17,978
new in 2025: €17,978
- Purchases and services +€188,180
new in 2025: €188,180
- Gross operating margin +€157,720
up €157,720 (+93.9%), from -€167,951 to -€10,230
- Turnover +€130,279
new in 2025: €130,279
- Staff costs +€97,235
new in 2025: €97,235
- Financial charges +€8,961
up €8,961 (+316%), from €2,837 to €11,798
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 | €522,524 | €649,920 | +€127,397 | +24.4% |
| Fixed assets | 21/28 | €396,805 | €538,162 | +€141,357 | +35.6% |
| Intangible fixed assets | 21 | €373,174 | €515,937 | +€142,763 | +38.3% |
| Tangible fixed assets | 22/27 | €23,631 | €22,225 | -€1,406 | -5.9% |
| Plant, machinery and equipment | 23 | - | €3,341 | +€3,341 | |
| Furniture and vehicles | 24 | €23,631 | €18,884 | -€4,747 | -20.1% |
| Current assets | 29/58 | €125,719 | €111,758 | -€13,961 | -11.1% |
| Amounts receivable within one year | 40/41 | €37,011 | €24,925 | -€12,086 | -32.7% |
| Trade receivables | 40 | €14,995 | €8,478 | -€6,517 | -43.5% |
| Other amounts receivable | 41 | €22,016 | €16,447 | -€5,569 | -25.3% |
| Cash at bank and in hand | 54/58 | €88,708 | €86,833 | -€1,875 | -2.1% |
| Total equity and liabilities | 10/49 | €522,524 | €649,920 | +€127,397 | +24.4% |
| Equity | 10/15 | €144,433 | €17,429 | -€127,005 | -87.9% |
| Contributions | 10/11 | €430,000 | €430,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€285,567 | -€412,571 | -€127,005 | -44.5% |
| Amounts payable | 17/49 | €378,090 | €632,492 | +€254,401 | +67.3% |
| Amounts payable after more than one year | 17 | €270,000 | €485,489 | +€215,489 | +79.8% |
| Financial debts | 170/4 | €130,000 | €257,946 | +€127,946 | +98.4% |
| Trade debts | 175 | €140,000 | €227,544 | +€87,544 | +62.5% |
| Amounts payable within one year | 42/48 | €108,090 | €147,002 | +€38,912 | +36.0% |
| Current portion of amounts payable after more than one year | 42 | - | €17,978 | +€17,978 | |
| Trade debts | 44 | €40,600 | €18,718 | -€21,882 | -53.9% |
| Suppliers | 440/4 | €40,600 | €18,718 | -€21,882 | -53.9% |
| Taxes, remuneration and social security | 45 | €5,824 | €37,197 | +€31,374 | +539% |
| Taxes | 450/3 | €5,824 | €25,434 | +€19,610 | +337% |
| Remuneration and social security | 454/9 | - | €11,763 | +€11,763 | |
| Other amounts payable | 47/48 | €61,667 | €73,109 | +€11,442 | +18.6% |
| Turnover | 70 | - | €130,279 | +€130,279 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €188,180 | +€188,180 | |
| Remuneration, social security and pensions | 62 | - | €97,235 | +€97,235 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104 | €5,044 | +€4,940 | +4,748% |
| Other operating charges | 640/8 | - | €2,308 | +€2,308 | |
| Gross operating margin | 9900 | -€167,951 | -€10,230 | +€157,720 | +93.9% |
| Operating profit (loss) | 9901 | -€168,055 | -€114,817 | +€53,238 | +31.7% |
| Financial charges | 65/66B | €2,837 | €11,798 | +€8,961 | +316% |
| Recurring financial charges | 65 | €2,837 | €11,798 | +€8,961 | +316% |
| Profit (loss) for the period before taxes | 9903 | -€170,891 | -€126,615 | +€44,277 | +25.9% |
| Income taxes | 67/77 | €180 | €390 | +€210 | +117% |
| Profit (loss) for the period | 9904 | -€171,071 | -€127,005 | +€44,067 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€171,071 | -€127,005 | +€44,067 | +25.8% |
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 14 October 2026 via checked.be.