DECONNECTION: 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.
DECONNECTION
Largest movements
- Receivables within one year +€3,047
up €3,047 (+82.3%), from €3,703 to €6,750
- Cash -€1,639
down €1,639 (-4.2%), from €39,319 to €37,680
mainly Receivables within one year (-€3,047) and Stocks and contracts (-€464)
- Tangible fixed assets -€1,090
down €1,090 (-46.9%), from €2,326 to €1,236
- Stocks and contracts +€464
new in 2025: €464
- Profit (loss) carried forward +€687
up €687 (+2.0%), from €34,675 to €35,362
- Gross operating margin -€13,358
down €13,358 (-23.3%), from €57,369 to €44,011
- Turnover -€7,220
down €7,220 (-9.2%), from €78,838 to €71,618
- Purchases and services +€6,138
up €6,138 (+28.6%), from €21,469 to €27,607
- Staff costs -€6,083
down €6,083 (-12.9%), from €47,333 to €41,250
- Taxes -€1,428
down €1,428 (-86.2%), from €1,657 to €229
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 | €45,348 | €46,130 | +€782 | +1.7% |
| Fixed assets | 21/28 | €2,326 | €1,236 | -€1,090 | -46.9% |
| Tangible fixed assets | 22/27 | €2,326 | €1,236 | -€1,090 | -46.9% |
| Furniture and vehicles | 24 | €2,326 | €1,236 | -€1,090 | -46.9% |
| Current assets | 29/58 | €43,022 | €44,894 | +€1,872 | +4.4% |
| Stocks and contracts in progress | 3 | - | €464 | +€464 | |
| Stocks | 30/36 | - | €464 | +€464 | |
| Amounts receivable within one year | 40/41 | €3,703 | €6,750 | +€3,047 | +82.3% |
| Other amounts receivable | 41 | €3,703 | €6,750 | +€3,047 | +82.3% |
| Cash at bank and in hand | 54/58 | €39,319 | €37,680 | -€1,639 | -4.2% |
| Total equity and liabilities | 10/49 | €45,348 | €46,130 | +€782 | +1.7% |
| Equity | 10/15 | €43,534 | €44,221 | +€687 | +1.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Contributions outside capital | 11 | €7,000 | - | -€7,000 | |
| Other | 1109/19 | €7,000 | - | -€7,000 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,675 | €35,362 | +€687 | +2.0% |
| Amounts payable | 17/49 | €1,814 | €1,909 | +€95 | +5.2% |
| Amounts payable within one year | 42/48 | €1,814 | €1,909 | +€95 | +5.2% |
| Trade debts | 44 | €157 | €23 | -€134 | -85.4% |
| Suppliers | 440/4 | €157 | €23 | -€134 | -85.4% |
| Taxes, remuneration and social security | 45 | €1,657 | €1,886 | +€229 | +13.8% |
| Taxes | 450/3 | €1,657 | €1,886 | +€229 | +13.8% |
| Turnover | 70 | €78,838 | €71,618 | -€7,220 | -9.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,469 | €27,607 | +€6,138 | +28.6% |
| Remuneration, social security and pensions | 62 | €47,333 | €41,250 | -€6,083 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €944 | €1,090 | +€146 | +15.5% |
| Other operating charges | 640/8 | €659 | €612 | -€47 | -7.1% |
| Gross operating margin | 9900 | €57,369 | €44,011 | -€13,358 | -23.3% |
| Operating profit (loss) | 9901 | €8,433 | €1,059 | -€7,374 | -87.4% |
| Financial charges | 65/66B | €148 | €143 | -€5 | -3.4% |
| Recurring financial charges | 65 | €148 | €143 | -€5 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €8,285 | €916 | -€7,369 | -88.9% |
| Income taxes | 67/77 | €1,657 | €229 | -€1,428 | -86.2% |
| Profit (loss) for the period | 9904 | €6,628 | €687 | -€5,941 | -89.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,628 | €687 | -€5,941 | -89.6% |
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 9 October 2026 via checked.be.