DIGITAL BASE: 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.
DIGITAL BASE
Largest movements
- Receivables within one year -€12,486
down €12,486 (-69.6%), from €17,930 to €5,444
of which Other amounts receivable: -€8,295
- Tangible fixed assets -€8,581
down €8,581 (-38.3%), from €22,425 to €13,844
of which Other tangible fixed assets: -€4,615
- Cash +€8,226
up €8,226 (+155%), from €5,296 to €13,522
mainly Receivables within one year (+€12,486) and Depreciation (+€8,581)
- Profit (loss) carried forward -€14,810
down €14,810 (-63.5%), from -€23,338 to -€38,148
- Other debts +€7,601
up €7,601 (+7.4%), from €102,714 to €110,315
- Accrued charges and deferred income +€7,461
up €7,461 (+234%), from €3,191 to €10,651
- Gross operating margin +€9,039
up €9,039, from -€3,593 to €5,446
- Financial charges +€4,255
up €4,255 (+60.6%), from €7,020 to €11,275
- Depreciation -€3,387
down €3,387 (-28.3%), from €11,968 to €8,581
- Other operating charges -€430
down €430 (-51.8%), from €830 to €400
- Financial income -€73
down €73 (-100.0%), from €73 to €0
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 | €440,956 | €428,115 | -€12,841 | -2.9% |
| Fixed assets | 21/28 | €416,992 | €408,410 | -€8,581 | -2.1% |
| Tangible fixed assets | 22/27 | €22,425 | €13,844 | -€8,581 | -38.3% |
| Furniture and vehicles | 24 | €3,967 | €0 | -€3,967 | -100% |
| Other tangible fixed assets | 26 | €18,458 | €13,844 | -€4,615 | -25.0% |
| Financial fixed assets | 28 | €394,567 | €394,567 | = | 0.0% |
| Current assets | 29/58 | €23,964 | €19,704 | -€4,259 | -17.8% |
| Amounts receivable within one year | 40/41 | €17,930 | €5,444 | -€12,486 | -69.6% |
| Trade receivables | 40 | €8,966 | €4,775 | -€4,191 | -46.7% |
| Other amounts receivable | 41 | €8,964 | €669 | -€8,295 | -92.5% |
| Cash at bank and in hand | 54/58 | €5,296 | €13,522 | +€8,226 | +155% |
| Deferred charges and accrued income | 490/1 | €738 | €738 | = | 0.0% |
| Total equity and liabilities | 10/49 | €440,956 | €428,115 | -€12,841 | -2.9% |
| Equity | 10/15 | €318,274 | €303,464 | -€14,810 | -4.7% |
| Contributions | 10/11 | €6,380 | €6,380 | = | 0.0% |
| Reserves | 13 | €335,232 | €335,232 | = | 0.0% |
| Tax-exempt reserves | 132 | €856 | €856 | = | 0.0% |
| Distributable reserves | 133 | €334,376 | €334,376 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,338 | -€38,148 | -€14,810 | -63.5% |
| Amounts payable | 17/49 | €122,681 | €124,651 | +€1,969 | +1.6% |
| Amounts payable within one year | 42/48 | €119,491 | €113,999 | -€5,491 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €4,034 | €0 | -€4,034 | -100% |
| Financial debts | 43 | €2,317 | €0 | -€2,317 | -100% |
| Credit institutions | 430/8 | €2,317 | €0 | -€2,317 | -100% |
| Trade debts | 44 | €6,941 | €3,684 | -€3,257 | -46.9% |
| Suppliers | 440/4 | €6,941 | €3,684 | -€3,257 | -46.9% |
| Taxes, remuneration and social security | 45 | €3,485 | €0 | -€3,485 | -100% |
| Taxes | 450/3 | €1,800 | €0 | -€1,800 | -100% |
| Remuneration and social security | 454/9 | €1,685 | €0 | -€1,685 | -100% |
| Other amounts payable | 47/48 | €102,714 | €110,315 | +€7,601 | +7.4% |
| Accrued charges and deferred income | 492/3 | €3,191 | €10,651 | +€7,461 | +234% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,968 | €8,581 | -€3,387 | -28.3% |
| Other operating charges | 640/8 | €830 | €400 | -€430 | -51.8% |
| Gross operating margin | 9900 | -€3,593 | €5,446 | +€9,039 | |
| Operating profit (loss) | 9901 | -€16,391 | -€3,535 | +€12,856 | +78.4% |
| Financial income | 75/76B | €73 | €0 | -€73 | -100.0% |
| Recurring financial income | 75 | €73 | €0 | -€73 | -100.0% |
| Financial charges | 65/66B | €7,020 | €11,275 | +€4,255 | +60.6% |
| Recurring financial charges | 65 | €7,020 | €11,275 | +€4,255 | +60.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,338 | -€14,810 | +€8,528 | +36.5% |
| Profit (loss) for the period | 9904 | -€23,338 | -€14,810 | +€8,528 | +36.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,338 | -€14,810 | +€8,528 | +36.5% |
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 15 October 2026 via checked.be.