ELEMENT: 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.
ELEMENT
Largest movements
- Tangible fixed assets +€7,859
new in 2025: €7,859
of which Furniture and vehicles: +€5,498
- Receivables within one year -€7,797
down €7,797 (-65.0%), from €12,002 to €4,205
of which Trade receivables: -€10,000
- Cash +€6,285
up €6,285 (+12.6%), from €50,064 to €56,349
mainly Receivables within one year (+€7,797) and Tax, wage and social debts (+€4,099)
- Deferred charges and accrued income -€2,945
down €2,945 (-55.8%), from €5,276 to €2,331
- Tax, wage and social debts +€4,099
up €4,099 (+23.3%), from €17,554 to €21,653
- Trade debts -€1,264
down €1,264 (-56.2%), from €2,249 to €985
- Gross operating margin -€53,998
down €53,998 (-85.3%), from €63,319 to €9,321
- Turnover -€47,124
down €47,124 (-41.6%), from €113,394 to €66,270
- Taxes -€10,955
down €10,955 (-62.4%), from €17,554 to €6,599
- Purchases and services +€9,349
up €9,349 (+18.6%), from €50,159 to €59,508
- Other operating charges +€1,534
new in 2025: €1,534
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 | €67,343 | €70,745 | +€3,402 | +5.1% |
| Fixed assets | 21/28 | - | €7,859 | +€7,859 | |
| Tangible fixed assets | 22/27 | - | €7,859 | +€7,859 | |
| Land and buildings | 22 | - | €2,362 | +€2,362 | |
| Furniture and vehicles | 24 | - | €5,498 | +€5,498 | |
| Current assets | 29/58 | €67,343 | €62,886 | -€4,457 | -6.6% |
| Amounts receivable within one year | 40/41 | €12,002 | €4,205 | -€7,797 | -65.0% |
| Trade receivables | 40 | €10,000 | - | -€10,000 | |
| Other amounts receivable | 41 | €2,003 | €4,205 | +€2,203 | +110.0% |
| Cash at bank and in hand | 54/58 | €50,064 | €56,349 | +€6,285 | +12.6% |
| Deferred charges and accrued income | 490/1 | €5,276 | €2,331 | -€2,945 | -55.8% |
| Total equity and liabilities | 10/49 | €67,343 | €70,745 | +€3,402 | +5.1% |
| Equity | 10/15 | €47,540 | €48,107 | +€568 | +1.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €45,540 | €45,540 | = | 0.0% |
| Distributable reserves | 133 | €45,540 | €45,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €568 | +€568 | |
| Amounts payable | 17/49 | €19,803 | €22,638 | +€2,835 | +14.3% |
| Amounts payable within one year | 42/48 | €19,803 | €22,638 | +€2,835 | +14.3% |
| Trade debts | 44 | €2,249 | €985 | -€1,264 | -56.2% |
| Suppliers | 440/4 | €2,249 | €985 | -€1,264 | -56.2% |
| Taxes, remuneration and social security | 45 | €17,554 | €21,653 | +€4,099 | +23.3% |
| Taxes | 450/3 | €17,554 | €21,653 | +€4,099 | +23.3% |
| Turnover | 70 | €113,394 | €66,270 | -€47,124 | -41.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €50,159 | €59,508 | +€9,349 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €578 | +€578 | |
| Other operating charges | 640/8 | - | €1,534 | +€1,534 | |
| Gross operating margin | 9900 | €63,319 | €9,321 | -€53,998 | -85.3% |
| Operating profit (loss) | 9901 | €63,319 | €7,209 | -€56,109 | -88.6% |
| Financial charges | 65/66B | €225 | €43 | -€182 | -80.9% |
| Recurring financial charges | 65 | €225 | €43 | -€182 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | €63,094 | €7,166 | -€55,927 | -88.6% |
| Income taxes | 67/77 | €17,554 | €6,599 | -€10,955 | -62.4% |
| Profit (loss) for the period | 9904 | €45,540 | €568 | -€44,972 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,540 | €568 | -€44,972 | -98.8% |
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 12 October 2026 via checked.be.