ECONOMIA: 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.
ECONOMIA
Largest movements
- Receivables within one year -€14,225
down €14,225 (-20.2%), from €70,333 to €56,108
of which Other amounts receivable: -€10,499
- Cash +€1,140
up €1,140 (+387%), from €295 to €1,435
mainly Receivables within one year (+€14,225) and Net result for the year (+€7,799)
- Trade debts -€5,536
down €5,536 (-54.2%), from €10,220 to €4,684
- Current portion of long-term debt -€4,748
down €4,748 (-90.5%), from €5,248 to €500
- Reserves -€3,000
down €3,000 (-12.2%), from €24,680 to €21,680
of which Distributable reserves: -€3,000
- Gross operating margin +€7,968
up €7,968 (+778%), from €1,024 to €8,992
- Taxes +€2,430
up €2,430 (+210%), from €1,157 to €3,587
- Financial income -€585
down €585 (-15.0%), from €3,902 to €3,317
- Financial charges -€381
down €381 (-45.7%), from €834 to €453
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 | €80,881 | €67,797 | -€13,084 | -16.2% |
| Fixed assets | 21/28 | €10,000 | €10,000 | = | 0.0% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €70,881 | €57,797 | -€13,084 | -18.5% |
| Amounts receivable within one year | 40/41 | €70,333 | €56,108 | -€14,225 | -20.2% |
| Trade receivables | 40 | €3,726 | - | -€3,726 | |
| Other amounts receivable | 41 | €66,607 | €56,108 | -€10,499 | -15.8% |
| Cash at bank and in hand | 54/58 | €295 | €1,435 | +€1,140 | +387% |
| Deferred charges and accrued income | 490/1 | €254 | €254 | +€1 | +0.2% |
| Total equity and liabilities | 10/49 | €80,881 | €67,797 | -€13,084 | -16.2% |
| Equity | 10/15 | €49,358 | €47,157 | -€2,201 | -4.5% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €24,680 | €21,680 | -€3,000 | -12.2% |
| Non-distributable reserves | 130/1 | €2,200 | €2,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,200 | €2,200 | = | 0.0% |
| Distributable reserves | 133 | €22,480 | €19,480 | -€3,000 | -13.3% |
| Profit (loss) carried forward | 14 | €2,678 | €3,477 | +€799 | +29.8% |
| Amounts payable | 17/49 | €31,523 | €20,640 | -€10,884 | -34.5% |
| Amounts payable within one year | 42/48 | €31,523 | €20,640 | -€10,884 | -34.5% |
| Current portion of amounts payable after more than one year | 42 | €5,248 | €500 | -€4,748 | -90.5% |
| Trade debts | 44 | €10,220 | €4,684 | -€5,536 | -54.2% |
| Suppliers | 440/4 | €10,220 | €4,684 | -€5,536 | -54.2% |
| Taxes, remuneration and social security | 45 | €6,155 | €5,556 | -€599 | -9.7% |
| Taxes | 450/3 | €6,155 | €5,556 | -€599 | -9.7% |
| Other amounts payable | 47/48 | €9,900 | €9,900 | = | 0.0% |
| Other operating charges | 640/8 | €473 | €471 | -€2 | -0.5% |
| Gross operating margin | 9900 | €1,024 | €8,992 | +€7,968 | +778% |
| Operating profit (loss) | 9901 | €551 | €8,521 | +€7,970 | +1,446% |
| Financial income | 75/76B | €3,902 | €3,317 | -€585 | -15.0% |
| Recurring financial income | 75 | €3,902 | €3,317 | -€585 | -15.0% |
| Financial charges | 65/66B | €834 | €453 | -€381 | -45.7% |
| Recurring financial charges | 65 | €834 | €453 | -€381 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | €3,619 | €11,386 | +€7,767 | +215% |
| Income taxes | 67/77 | €1,157 | €3,587 | +€2,430 | +210% |
| Profit (loss) for the period | 9904 | €2,462 | €7,799 | +€5,337 | +217% |
| Profit (loss) for the period to be appropriated | 9905 | €2,462 | €7,799 | +€5,337 | +217% |
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 15 October 2026 via checked.be.