E & G: 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.
E & G
Largest movements
- Cash +€4,305
up €4,305 (+163%), from €2,633 to €6,938
mainly Net result for the year (+€2,988) and Other debts (+€1,993)
- Receivables within one year -€925
down €925 (-6.1%), from €15,270 to €14,345
- Profit (loss) carried forward +€2,988
up €2,988 (+3.2%), from -€93,608 to -€90,620
- Other debts +€1,993
up €1,993 (+1.3%), from €152,397 to €154,390
- Trade debts -€1,601
no longer reported in 2025 (was €1,601)
- Gross operating margin +€4,402
up €4,402, from -€1,391 to €3,012
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 | €81,045 | €84,425 | +€3,380 | +4.2% |
| Current assets | 29/58 | €81,045 | €84,425 | +€3,380 | +4.2% |
| Stocks and contracts in progress | 3 | €63,141 | €63,141 | = | 0.0% |
| Stocks | 30/36 | €63,141 | €63,141 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,270 | €14,345 | -€925 | -6.1% |
| Trade receivables | 40 | €15,270 | €14,345 | -€925 | -6.1% |
| Cash at bank and in hand | 54/58 | €2,633 | €6,938 | +€4,305 | +163% |
| Total equity and liabilities | 10/49 | €81,045 | €84,425 | +€3,380 | +4.2% |
| Equity | 10/15 | -€72,953 | -€69,965 | +€2,988 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,055 | €2,055 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €195 | €195 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,608 | -€90,620 | +€2,988 | +3.2% |
| Amounts payable | 17/49 | €153,998 | €154,390 | +€392 | +0.3% |
| Amounts payable within one year | 42/48 | €153,998 | €154,390 | +€392 | +0.3% |
| Trade debts | 44 | €1,601 | - | -€1,601 | |
| Suppliers | 440/4 | €1,601 | - | -€1,601 | |
| Other amounts payable | 47/48 | €152,397 | €154,390 | +€1,993 | +1.3% |
| Gross operating margin | 9900 | -€1,391 | €3,012 | +€4,402 | |
| Operating profit (loss) | 9901 | -€1,391 | €3,012 | +€4,402 | |
| Financial charges | 65/66B | €40 | €24 | -€16 | -39.7% |
| Recurring financial charges | 65 | €40 | €24 | -€16 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,430 | €2,988 | +€4,418 | |
| Profit (loss) for the period | 9904 | -€1,430 | €2,988 | +€4,418 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,430 | €2,988 | +€4,418 |
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 28 October 2026 via checked.be.