E-SIDOOR: 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-SIDOOR
Largest movements
- Cash -€10,237
down €10,237 (-11.1%), from €92,544 to €82,308
mainly Contributions, distributions and other (-€77,000) and Trade debts (-€46,473)
- Receivables after one year -€5,270
down €5,270 (-9.1%), from €57,826 to €52,556
- Receivables within one year +€3,327
up €3,327 (+5.4%), from €61,580 to €64,907
of which Other amounts receivable: +€17,579
- Deferred charges and accrued income -€3,181
down €3,181 (-11.6%), from €27,354 to €24,174
- Other debts +€67,790
up €67,790 (+714%), from €9,500 to €77,290
- Reserves -€65,000
down €65,000 (-85.2%), from €76,328 to €11,328
- Trade debts -€46,473
down €46,473 (-82.9%), from €56,087 to €9,615
- Tax, wage and social debts +€18,161
up €18,161 (+137%), from €13,243 to €31,404
of which Taxes: +€14,593
- Advances received +€5,000
new in 2025: €5,000
- Staff costs +€11,184
up €11,184 (+11.7%), from €95,237 to €106,422
- Write-downs +€10,026
new in 2025: €10,026
- Gross operating margin +€5,917
up €5,917 (+4.1%), from €143,375 to €149,292
- Taxes -€3,276
down €3,276 (-23.4%), from €13,986 to €10,710
- Financial income +€2,431
up €2,431 (+37.9%), from €6,420 to €8,852
of which Non-recurring financial income: +€2,469
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 | €273,959 | €257,274 | -€16,685 | -6.1% |
| Fixed assets | 21/28 | €18,252 | €16,928 | -€1,324 | -7.3% |
| Intangible fixed assets | 21 | €4,956 | €4,456 | -€500 | -10.1% |
| Tangible fixed assets | 22/27 | €13,295 | €12,472 | -€824 | -6.2% |
| Plant, machinery and equipment | 23 | €7,687 | €6,116 | -€1,571 | -20.4% |
| Furniture and vehicles | 24 | €5,608 | €6,356 | +€748 | +13.3% |
| Current assets | 29/58 | €255,707 | €240,345 | -€15,362 | -6.0% |
| Amounts receivable after more than one year | 29 | €57,826 | €52,556 | -€5,270 | -9.1% |
| Other amounts receivable | 291 | €57,826 | €52,556 | -€5,270 | -9.1% |
| Stocks and contracts in progress | 3 | €16,402 | €16,401 | -€1 | 0.0% |
| Stocks | 30/36 | €16,402 | €16,401 | -€1 | 0.0% |
| Amounts receivable within one year | 40/41 | €61,580 | €64,907 | +€3,327 | +5.4% |
| Trade receivables | 40 | €52,934 | €38,682 | -€14,252 | -26.9% |
| Other amounts receivable | 41 | €8,646 | €26,225 | +€17,579 | +203% |
| Cash at bank and in hand | 54/58 | €92,544 | €82,308 | -€10,237 | -11.1% |
| Deferred charges and accrued income | 490/1 | €27,354 | €24,174 | -€3,181 | -11.6% |
| Total equity and liabilities | 10/49 | €273,959 | €257,274 | -€16,685 | -6.1% |
| Equity | 10/15 | €195,127 | €130,988 | -€64,139 | -32.9% |
| Reserves | 13 | €76,328 | €11,328 | -€65,000 | -85.2% |
| Distributable reserves | 133 | €76,328 | €11,328 | -€65,000 | -85.2% |
| Profit (loss) carried forward | 14 | €118,799 | €119,660 | +€861 | +0.7% |
| Amounts payable | 17/49 | €78,832 | €126,286 | +€47,454 | +60.2% |
| Amounts payable within one year | 42/48 | €78,830 | €123,308 | +€44,478 | +56.4% |
| Trade debts | 44 | €56,087 | €9,615 | -€46,473 | -82.9% |
| Suppliers | 440/4 | €56,087 | €9,615 | -€46,473 | -82.9% |
| Advances received on contracts in progress | 46 | - | €5,000 | +€5,000 | |
| Taxes, remuneration and social security | 45 | €13,243 | €31,404 | +€18,161 | +137% |
| Taxes | 450/3 | €10,466 | €25,059 | +€14,593 | +139% |
| Remuneration and social security | 454/9 | €2,777 | €6,346 | +€3,568 | +128% |
| Other amounts payable | 47/48 | €9,500 | €77,290 | +€67,790 | +714% |
| Accrued charges and deferred income | 492/3 | €2 | €2,977 | +€2,976 | +190,763% |
| Remuneration, social security and pensions | 62 | €95,237 | €106,422 | +€11,184 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,967 | €5,643 | -€324 | -5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,026 | +€10,026 | |
| Other operating charges | 640/8 | €9,069 | €9,499 | +€431 | +4.7% |
| Gross operating margin | 9900 | €143,375 | €149,292 | +€5,917 | +4.1% |
| Operating profit (loss) | 9901 | €33,102 | €17,701 | -€15,400 | -46.5% |
| Financial income | 75/76B | €6,420 | €8,852 | +€2,431 | +37.9% |
| Recurring financial income | 75 | €3,836 | €3,797 | -€38 | -1.0% |
| Non-recurring financial income | 76B | €2,585 | €5,054 | +€2,469 | +95.5% |
| Financial charges | 65/66B | €2,002 | €2,982 | +€980 | +49.0% |
| Recurring financial charges | 65 | €2,002 | €2,982 | +€980 | +49.0% |
| Profit (loss) for the period before taxes | 9903 | €37,520 | €23,571 | -€13,949 | -37.2% |
| Income taxes | 67/77 | €13,986 | €10,710 | -€3,276 | -23.4% |
| Profit (loss) for the period | 9904 | €23,534 | €12,861 | -€10,673 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,534 | €12,861 | -€10,673 | -45.4% |
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 19 October 2026 via checked.be.