@Dott: 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.
@Dott
Largest movements
- Receivables within one year -€5,213
down €5,213 (-5.1%), from €102,700 to €97,487
of which Trade receivables: -€9,565
- Tangible fixed assets -€4,927
down €4,927 (-25.5%), from €19,284 to €14,357
of which Plant, machinery and equipment: -€2,551
- Deferred charges and accrued income +€2,630
up €2,630 (+102.7%), from €2,560 to €5,190
- Stocks and contracts -€2,301
down €2,301 (-36.8%), from €6,253 to €3,953
- Cash -€1,954
down €1,954 (-48.7%), from €4,015 to €2,061
mainly Tax, wage and social debts (-€21,985) and Current portion of long-term debt (-€9,582)
- Trade debts +€31,444
up €31,444 (+24.4%), from €128,941 to €160,385
- Tax, wage and social debts -€21,985
down €21,985 (-73.5%), from €29,907 to €7,922
of which Taxes: -€18,318
- Current portion of long-term debt -€9,582
down €9,582 (-66.1%), from €14,503 to €4,921
- Profit (loss) carried forward -€9,000
down €9,000 (-17.5%), from -€51,520 to -€60,520
- Debts after one year -€4,921
down €4,921 (-100.0%), from €4,921 to €0
- Staff costs -€16,758
down €16,758 (-56.4%), from €29,718 to €12,959
- Gross operating margin -€16,523
down €16,523 (-46.8%), from €35,319 to €18,796
- Depreciation -€4,276
down €4,276 (-46.5%), from €9,203 to €4,927
- Other operating charges +€3,901
up €3,901 (+118.0%), from €3,305 to €7,207
- Financial charges +€2,103
up €2,103 (+48.4%), from €4,345 to €6,448
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 | €134,812 | €123,048 | -€11,765 | -8.7% |
| Fixed assets | 21/28 | €19,284 | €14,357 | -€4,927 | -25.5% |
| Tangible fixed assets | 22/27 | €19,284 | €14,357 | -€4,927 | -25.5% |
| Plant, machinery and equipment | 23 | €8,407 | €5,855 | -€2,551 | -30.3% |
| Furniture and vehicles | 24 | €1,954 | €1,372 | -€582 | -29.8% |
| Other tangible fixed assets | 26 | €8,923 | €7,130 | -€1,794 | -20.1% |
| Current assets | 29/58 | €115,528 | €108,691 | -€6,838 | -5.9% |
| Stocks and contracts in progress | 3 | €6,253 | €3,953 | -€2,301 | -36.8% |
| Stocks | 30/36 | €6,253 | €3,953 | -€2,301 | -36.8% |
| Amounts receivable within one year | 40/41 | €102,700 | €97,487 | -€5,213 | -5.1% |
| Trade receivables | 40 | €14,107 | €4,542 | -€9,565 | -67.8% |
| Other amounts receivable | 41 | €88,593 | €92,944 | +€4,352 | +4.9% |
| Cash at bank and in hand | 54/58 | €4,015 | €2,061 | -€1,954 | -48.7% |
| Deferred charges and accrued income | 490/1 | €2,560 | €5,190 | +€2,630 | +102.7% |
| Total equity and liabilities | 10/49 | €134,812 | €123,048 | -€11,765 | -8.7% |
| Equity | 10/15 | -€43,460 | -€52,460 | -€9,000 | -20.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,520 | -€60,520 | -€9,000 | -17.5% |
| Amounts payable | 17/49 | €178,272 | €175,507 | -€2,765 | -1.6% |
| Amounts payable after more than one year | 17 | €4,921 | €0 | -€4,921 | -100.0% |
| Financial debts | 170/4 | €4,921 | €0 | -€4,921 | -100.0% |
| Amounts payable within one year | 42/48 | €173,351 | €174,236 | +€885 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €14,503 | €4,921 | -€9,582 | -66.1% |
| Financial debts | 43 | - | €1,008 | +€1,008 | |
| Credit institutions | 430/8 | - | €1,008 | +€1,008 | |
| Trade debts | 44 | €128,941 | €160,385 | +€31,444 | +24.4% |
| Suppliers | 440/4 | €128,941 | €160,385 | +€31,444 | +24.4% |
| Taxes, remuneration and social security | 45 | €29,907 | €7,922 | -€21,985 | -73.5% |
| Taxes | 450/3 | €23,801 | €5,483 | -€18,318 | -77.0% |
| Remuneration and social security | 454/9 | €6,106 | €2,439 | -€3,667 | -60.1% |
| Accrued charges and deferred income | 492/3 | €0 | €1,271 | +€1,271 | |
| Remuneration, social security and pensions | 62 | €29,718 | €12,959 | -€16,758 | -56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,203 | €4,927 | -€4,276 | -46.5% |
| Other operating charges | 640/8 | €3,305 | €7,207 | +€3,901 | +118.0% |
| Gross operating margin | 9900 | €35,319 | €18,796 | -€16,523 | -46.8% |
| Operating profit (loss) | 9901 | -€6,907 | -€6,297 | +€610 | +8.8% |
| Financial income | 75/76B | €3,574 | €3,921 | +€347 | +9.7% |
| Recurring financial income | 75 | €3,574 | €3,921 | +€347 | +9.7% |
| Financial charges | 65/66B | €4,345 | €6,448 | +€2,103 | +48.4% |
| Recurring financial charges | 65 | €4,345 | €6,448 | +€2,103 | +48.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,678 | -€8,823 | -€1,145 | -14.9% |
| Income taxes | 67/77 | €167 | €176 | +€9 | +5.5% |
| Profit (loss) for the period | 9904 | -€7,845 | -€9,000 | -€1,154 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,845 | -€9,000 | -€1,154 | -14.7% |
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 6 October 2026 via checked.be.