Eighty-Twenty: what changed
Two fiscal 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.
Eighty-Twenty
Largest movements
- Receivables after one year -€35,000
down €35,000 (-77.8%), from €45,000 to €10,000
- Tangible fixed assets +€9,578
new in 2025: €9,578
of which Land and buildings: +€7,239
- Financial fixed assets +€8,120
up €8,120 (+2952.7%), from €275 to €8,395
- Cash -€4,620
down €4,620 (-18.2%), from €25,404 to €20,785
mainly Other debts (-€54,773) and Investment in fixed assets (net) (-€19,535)
- Receivables within one year -€1,643
down €1,643 (-14.4%), from €11,396 to €9,752
of which Other amounts receivable: -€2,591
- Other debts -€54,773
down €54,773 (-91.3%), from €60,021 to €5,249
- Profit (loss) carried forward +€29,273
up €29,273, from €0 to €29,273
- Tax, wage and social debts +€2,581
up €2,581 (+50.3%), from €5,132 to €7,713
of which Taxes: +€2,581
- Gross operating margin +€6,456
up €6,456 (+20.2%), from €32,021 to €38,476
- Financial income -€2,196
down €2,196 (-72.3%), from €3,037 to €841
- Depreciation +€1,837
new in 2025: €1,837
- Taxes +€583
up €583 (+8.3%), from €7,040 to €7,623
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.
Cash bridge derived
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 | €82,575 | €59,079 | -€23,496 | -28.5% |
| Fixed assets | 21/28 | €275 | €17,973 | +€17,698 | +6435.6% |
| Tangible fixed assets | 22/27 | - | €9,578 | +€9,578 | |
| Land and buildings | 22 | - | €7,239 | +€7,239 | |
| Furniture and vehicles | 24 | - | €2,339 | +€2,339 | |
| Financial fixed assets | 28 | €275 | €8,395 | +€8,120 | +2952.7% |
| Current assets | 29/58 | €82,300 | €41,106 | -€41,194 | -50.1% |
| Amounts receivable after more than one year | 29 | €45,000 | €10,000 | -€35,000 | -77.8% |
| Other amounts receivable | 291 | €45,000 | €10,000 | -€35,000 | -77.8% |
| Amounts receivable within one year | 40/41 | €11,396 | €9,752 | -€1,643 | -14.4% |
| Trade receivables | 40 | €5,102 | €6,050 | +€948 | +18.6% |
| Other amounts receivable | 41 | €6,293 | €3,702 | -€2,591 | -41.2% |
| Cash at bank and in hand | 54/58 | €25,404 | €20,785 | -€4,620 | -18.2% |
| Deferred charges and accrued income | 490/1 | €500 | €570 | +€69 | +13.8% |
| Total equity and liabilities | 10/49 | €82,575 | €59,079 | -€23,496 | -28.5% |
| Equity | 10/15 | €16,825 | €46,098 | +€29,273 | +174.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €15,825 | €15,825 | = | 0.0% |
| Distributable reserves | 133 | €15,825 | €15,825 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €29,273 | +€29,273 | |
| Amounts payable | 17/49 | €65,750 | €12,981 | -€52,769 | -80.3% |
| Amounts payable within one year | 42/48 | €65,750 | €12,981 | -€52,769 | -80.3% |
| Trade debts | 44 | €596 | €19 | -€577 | -96.8% |
| Suppliers | 440/4 | €596 | €19 | -€577 | -96.8% |
| Taxes, remuneration and social security | 45 | €5,132 | €7,713 | +€2,581 | +50.3% |
| Taxes | 450/3 | €5,132 | €7,713 | +€2,581 | +50.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €60,021 | €5,249 | -€54,773 | -91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,837 | +€1,837 | |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €32,021 | €38,476 | +€6,456 | +20.2% |
| Operating profit (loss) | 9901 | €31,493 | €36,096 | +€4,603 | +14.6% |
| Financial income | 75/76B | €3,037 | €841 | -€2,196 | -72.3% |
| Recurring financial income | 75 | €3,037 | €841 | -€2,196 | -72.3% |
| Financial charges | 65/66B | €293 | €41 | -€252 | -85.9% |
| Recurring financial charges | 65 | €293 | €41 | -€252 | -85.9% |
| Profit (loss) for the period before taxes | 9903 | €34,237 | €36,896 | +€2,658 | +7.8% |
| Income taxes | 67/77 | €7,040 | €7,623 | +€583 | +8.3% |
| Profit (loss) for the period | 9904 | €27,197 | €29,273 | +€2,076 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,197 | €29,273 | +€2,076 | +7.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.