Double Face: 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.
Double Face
Largest movements
- Cash +€8,455
up €8,455 (+67.7%), from €12,497 to €20,952
mainly Depreciation (+€7,611) and Net result for the year (+€957)
- Tangible fixed assets -€7,611
down €7,611 (-5.7%), from €133,718 to €126,107
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€974
down €974 (-7.8%), from €12,470 to €11,496
- Taxes -€321
down €321 (-48.0%), from €669 to €348
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 | €150,618 | €151,909 | +€1,291 | +0.9% |
| Fixed assets | 21/28 | €135,378 | €127,767 | -€7,611 | -5.6% |
| Tangible fixed assets | 22/27 | €133,718 | €126,107 | -€7,611 | -5.7% |
| Land and buildings | 22 | €133,718 | €126,107 | -€7,611 | -5.7% |
| Financial fixed assets | 28 | €1,660 | €1,660 | = | 0.0% |
| Current assets | 29/58 | €15,240 | €24,142 | +€8,902 | +58.4% |
| Amounts receivable within one year | 40/41 | €2,743 | €3,190 | +€447 | +16.3% |
| Trade receivables | 40 | €2,743 | €3,190 | +€447 | +16.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €12,497 | €20,952 | +€8,455 | +67.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €150,618 | €151,909 | +€1,291 | +0.9% |
| Equity | 10/15 | €143,356 | €144,313 | +€957 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €124,756 | €125,713 | +€957 | +0.8% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €122,896 | €125,713 | +€2,817 | +2.3% |
| Amounts payable | 17/49 | €7,262 | €7,596 | +€334 | +4.6% |
| Amounts payable within one year | 42/48 | €7,262 | €7,596 | +€334 | +4.6% |
| Trade debts | 44 | €75 | €424 | +€348 | +463% |
| Suppliers | 440/4 | €75 | €424 | +€348 | +463% |
| Taxes, remuneration and social security | 45 | €990 | €873 | -€117 | -11.8% |
| Taxes | 450/3 | €990 | €873 | -€117 | -11.8% |
| Other amounts payable | 47/48 | €6,197 | €6,299 | +€103 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,603 | €7,611 | +€8 | +0.1% |
| Other operating charges | 640/8 | €2,377 | €2,449 | +€71 | +3.0% |
| Gross operating margin | 9900 | €12,470 | €11,496 | -€974 | -7.8% |
| Operating profit (loss) | 9901 | €2,489 | €1,436 | -€1,053 | -42.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €32 | €131 | +€99 | +304% |
| Recurring financial charges | 65 | €32 | €131 | +€99 | +304% |
| Profit (loss) for the period before taxes | 9903 | €2,457 | €1,305 | -€1,152 | -46.9% |
| Income taxes | 67/77 | €669 | €348 | -€321 | -48.0% |
| Profit (loss) for the period | 9904 | €1,787 | €957 | -€830 | -46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,787 | €957 | -€830 | -46.5% |
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 23 October 2026 via checked.be.