Die Firma ist anders: 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.
Die Firma ist anders
Largest movements
- Tangible fixed assets -€57,693
down €57,693 (-11.9%), from €483,881 to €426,188
- Cash -€50,528
down €50,528 (-60.4%), from €83,699 to €33,170
mainly Tax, wage and social debts (-€67,227) and Debts after one year (-€42,087)
- Receivables within one year +€22,705
up €22,705 (+43.6%), from €52,071 to €74,776
of which Trade receivables: +€22,157
- Tax, wage and social debts -€67,227
down €67,227 (-88.1%), from €76,311 to €9,084
of which Taxes: -€42,426
- Debts after one year -€42,087
down €42,087 (-12.4%), from €338,151 to €296,064
- Profit (loss) carried forward +€35,873
up €35,873 (+30.2%), from €118,701 to €154,574
- Trade debts -€15,155
down €15,155 (-49.4%), from €30,650 to €15,495
- Staff costs -€83,610
down €83,610 (-41.2%), from €202,811 to €119,201
- Depreciation +€12,932
up €12,932 (+25.2%), from €51,397 to €64,328
- Gross operating margin -€7,625
down €7,625 (-3.0%), from €254,229 to €246,604
- Financial charges -€2,961
down €2,961 (-12.7%), from €23,358 to €20,397
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 | €632,215 | €542,643 | -€89,572 | -14.2% |
| Fixed assets | 21/28 | €489,881 | €432,188 | -€57,693 | -11.8% |
| Tangible fixed assets | 22/27 | €483,881 | €426,188 | -€57,693 | -11.9% |
| Land and buildings | 22 | €296,966 | €289,661 | -€7,305 | -2.5% |
| Plant, machinery and equipment | 23 | €34,503 | €24,726 | -€9,777 | -28.3% |
| Furniture and vehicles | 24 | €33,634 | €20,973 | -€12,661 | -37.6% |
| Leasing and similar rights | 25 | €118,778 | €90,828 | -€27,950 | -23.5% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €142,334 | €110,455 | -€31,878 | -22.4% |
| Amounts receivable within one year | 40/41 | €52,071 | €74,776 | +€22,705 | +43.6% |
| Trade receivables | 40 | €43,788 | €65,945 | +€22,157 | +50.6% |
| Other amounts receivable | 41 | €8,283 | €8,831 | +€548 | +6.6% |
| Cash at bank and in hand | 54/58 | €83,699 | €33,170 | -€50,528 | -60.4% |
| Deferred charges and accrued income | 490/1 | €6,564 | €2,509 | -€4,055 | -61.8% |
| Total equity and liabilities | 10/49 | €632,215 | €542,643 | -€89,572 | -14.2% |
| Equity | 10/15 | €138,701 | €174,574 | +€35,873 | +25.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,701 | €154,574 | +€35,873 | +30.2% |
| Amounts payable | 17/49 | €493,513 | €368,069 | -€125,444 | -25.4% |
| Amounts payable after more than one year | 17 | €338,151 | €296,064 | -€42,087 | -12.4% |
| Financial debts | 170/4 | €338,151 | €296,064 | -€42,087 | -12.4% |
| Amounts payable within one year | 42/48 | €151,204 | €70,385 | -€80,819 | -53.5% |
| Current portion of amounts payable after more than one year | 42 | €40,318 | €42,087 | +€1,770 | +4.4% |
| Trade debts | 44 | €30,650 | €15,495 | -€15,155 | -49.4% |
| Suppliers | 440/4 | €30,650 | €15,495 | -€15,155 | -49.4% |
| Taxes, remuneration and social security | 45 | €76,311 | €9,084 | -€67,227 | -88.1% |
| Taxes | 450/3 | €45,725 | €3,299 | -€42,426 | -92.8% |
| Remuneration and social security | 454/9 | €30,586 | €5,785 | -€24,801 | -81.1% |
| Other amounts payable | 47/48 | €3,926 | €3,719 | -€207 | -5.3% |
| Accrued charges and deferred income | 492/3 | €4,158 | €1,620 | -€2,538 | -61.0% |
| Non-recurring operating income | 76A | €3,471 | - | -€3,471 | |
| Remuneration, social security and pensions | 62 | €202,811 | €119,201 | -€83,610 | -41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,397 | €64,328 | +€12,932 | +25.2% |
| Other operating charges | 640/8 | €7,205 | €5,440 | -€1,766 | -24.5% |
| Gross operating margin | 9900 | €254,229 | €246,604 | -€7,625 | -3.0% |
| Operating profit (loss) | 9901 | -€7,184 | €57,635 | +€64,819 | |
| Financial income | 75/76B | €626 | €534 | -€92 | -14.7% |
| Recurring financial income | 75 | €626 | €534 | -€92 | -14.7% |
| Financial charges | 65/66B | €23,358 | €20,397 | -€2,961 | -12.7% |
| Recurring financial charges | 65 | €23,358 | €20,397 | -€2,961 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€29,916 | €37,772 | +€67,687 | |
| Income taxes | 67/77 | - | €1,899 | +€1,899 | |
| Profit (loss) for the period | 9904 | -€29,916 | €35,873 | +€65,789 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,916 | €35,873 | +€65,789 |
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 26 October 2026 via checked.be.