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DES233: 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.

What changed

DES233

BE 0786.712.758
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,747
2024 · €26,825-€28,573
Equity
€391
2024 · €2,138-€1,747
Cash
€53
2024 · €801-€747
Balance sheet total
€437
2024 · €2,184-€1,747

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€1,000

    down €1,000 (-72.3%), from €1,384 to €384

  • Cash -€747

    down €747 (-93.3%), from €801 to €53

    mainly Net result for the year (-€1,747)

Equity and liabilities
  • Profit (loss) carried forward -€1,747

    down €1,747, from €138 to -€1,609

Income statement
  • Gross operating margin -€33,027

    down €33,027, from €31,925 to -€1,102

  • Financial charges -€4,421

    down €4,421 (-94.7%), from €4,666 to €245

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €26,825
Gross operating margin -€33,027
Other operating charges -€12
Financial charges +€4,421
Taxes +€46
Result 2025 -€1,747

Cash bridge derived

cash 2024 to 2025

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.

From operations -€747
Investment €0
Financing €0
Cash 2024 €801
Net result for the year -€1,747
Receivables within one year +€1,000
Cash 2025 €53
Every line side by side 22 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,184 €437 -€1,747 -80.0%
Current assets 29/58 €2,184 €437 -€1,747 -80.0%
Amounts receivable within one year 40/41 €1,384 €384 -€1,000 -72.3%
Other amounts receivable 41 €1,384 €384 -€1,000 -72.3%
Cash at bank and in hand 54/58 €801 €53 -€747 -93.3%
Total equity and liabilities 10/49 €2,184 €437 -€1,747 -80.0%
Equity 10/15 €2,138 €391 -€1,747 -81.7%
Contributions 10/11 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 €138 -€1,609 -€1,747
Amounts payable 17/49 €46 €46 = 0.0%
Amounts payable within one year 42/48 €46 €46 = 0.0%
Taxes, remuneration and social security 45 €46 €46 = 0.0%
Taxes 450/3 €46 €46 = 0.0%
Other operating charges 640/8 €387 €400 +€12 +3.2%
Gross operating margin 9900 €31,925 -€1,102 -€33,027
Operating profit (loss) 9901 €31,538 -€1,502 -€33,040
Financial charges 65/66B €4,666 €245 -€4,421 -94.7%
Recurring financial charges 65 €4,666 €245 -€4,421 -94.7%
Profit (loss) for the period before taxes 9903 €26,871 -€1,747 -€28,619
Income taxes 67/77 €46 - -€46
Profit (loss) for the period 9904 €26,825 -€1,747 -€28,573
Profit (loss) for the period to be appropriated 9905 €26,825 -€1,747 -€28,573

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 29 September 2026 via checked.be.