EASY KEY: 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.
EASY KEY
Largest movements
- Receivables within one year -€67,530
down €67,530 (-65.4%), from €103,239 to €35,709
of which Other amounts receivable: -€59,086
- Profit (loss) carried forward -€85,636
down €85,636 (-93.5%), from €91,588 to €5,952
- Trade debts +€10,092
up €10,092 (+58.0%), from €17,411 to €27,503
- Other debts +€8,166
up €8,166 (+612%), from €1,334 to €9,500
- Contributions +€2,400
up €2,400 (+14.8%), from €16,200 to €18,600
- Staff costs +€12,297
up €12,297 (+23.5%), from €52,434 to €64,731
- Taxes +€12,170
up €12,170 (+129%), from €9,436 to €21,606
- Gross operating margin -€11,372
down €11,372 (-10.5%), from €108,702 to €97,330
- Financial income +€4,229
up €4,229 (+46,989%), from €9 to €4,238
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 | €148,968 | €82,679 | -€66,289 | -44.5% |
| Current assets | 29/58 | €148,968 | €82,679 | -€66,289 | -44.5% |
| Amounts receivable within one year | 40/41 | €103,239 | €35,709 | -€67,530 | -65.4% |
| Trade receivables | 40 | €16,184 | €7,740 | -€8,444 | -52.2% |
| Other amounts receivable | 41 | €87,055 | €27,969 | -€59,086 | -67.9% |
| Cash at bank and in hand | 54/58 | €45,729 | €46,970 | +€1,241 | +2.7% |
| Total equity and liabilities | 10/49 | €148,968 | €82,679 | -€66,289 | -44.5% |
| Equity | 10/15 | €109,648 | €26,412 | -€83,236 | -75.9% |
| Contributions | 10/11 | €16,200 | €18,600 | +€2,400 | +14.8% |
| Capital | 10 | €16,200 | €18,600 | +€2,400 | +14.8% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €2,400 | - | -€2,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,588 | €5,952 | -€85,636 | -93.5% |
| Amounts payable | 17/49 | €39,320 | €56,267 | +€16,947 | +43.1% |
| Amounts payable within one year | 42/48 | €39,320 | €56,267 | +€16,947 | +43.1% |
| Trade debts | 44 | €17,411 | €27,503 | +€10,092 | +58.0% |
| Suppliers | 440/4 | €17,411 | €27,503 | +€10,092 | +58.0% |
| Taxes, remuneration and social security | 45 | €20,575 | €19,264 | -€1,311 | -6.4% |
| Taxes | 450/3 | €5,871 | - | -€5,871 | |
| Remuneration and social security | 454/9 | €14,704 | €19,264 | +€4,560 | +31.0% |
| Other amounts payable | 47/48 | €1,334 | €9,500 | +€8,166 | +612% |
| Remuneration, social security and pensions | 62 | €52,434 | €64,731 | +€12,297 | +23.5% |
| Other operating charges | 640/8 | €1,153 | €2,162 | +€1,009 | +87.5% |
| Gross operating margin | 9900 | €108,702 | €97,330 | -€11,372 | -10.5% |
| Operating profit (loss) | 9901 | €55,115 | €30,437 | -€24,678 | -44.8% |
| Financial income | 75/76B | €9 | €4,238 | +€4,229 | +46,989% |
| Recurring financial income | 75 | €9 | €4,238 | +€4,229 | +46,989% |
| Financial charges | 65/66B | €2,239 | €3,205 | +€966 | +43.1% |
| Recurring financial charges | 65 | €2,239 | €3,205 | +€966 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | €52,885 | €31,470 | -€21,415 | -40.5% |
| Income taxes | 67/77 | €9,436 | €21,606 | +€12,170 | +129% |
| Profit (loss) for the period | 9904 | €43,449 | €9,864 | -€33,585 | -77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,449 | €9,864 | -€33,585 | -77.3% |
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 17 October 2026 via checked.be.