Eline Demasure: 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.
Eline Demasure
Largest movements
- Tangible fixed assets -€529
down €529 (-42.3%), from €1,251 to €722
of which Furniture and vehicles: -€529
- Receivables within one year +€348
up €348 (+242%), from €144 to €491
of which Trade receivables: +€249
- Cash -€89
down €89 (-11.9%), from €744 to €655
mainly Net result for the year (-€2,928) and Accrued charges and deferred income (-€729)
- Profit (loss) carried forward -€2,928
down €2,928 (-19.0%), from -€15,385 to -€18,313
- Other debts +€2,810
up €2,810 (+24.3%), from €11,582 to €14,392
- Accrued charges and deferred income -€729
down €729 (-100%), from €729 to €0
- Trade debts +€569
up €569 (+270%), from €211 to €780
- Gross operating margin +€4,699
up €4,699 (+72.5%), from -€6,484 to -€1,785
- Financial charges -€727
down €727 (-91.2%), from €798 to €70
- Depreciation -€92
down €92 (-14.9%), from €621 to €529
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 | €2,138 | €1,869 | -€270 | -12.6% |
| Fixed assets | 21/28 | €1,251 | €722 | -€529 | -42.3% |
| Tangible fixed assets | 22/27 | €1,251 | €722 | -€529 | -42.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,251 | €722 | -€529 | -42.3% |
| Current assets | 29/58 | €888 | €1,147 | +€259 | +29.2% |
| Amounts receivable within one year | 40/41 | €144 | €491 | +€348 | +242% |
| Trade receivables | 40 | €0 | €249 | +€249 | |
| Other amounts receivable | 41 | €144 | €243 | +€99 | +69.1% |
| Cash at bank and in hand | 54/58 | €744 | €655 | -€89 | -11.9% |
| Total equity and liabilities | 10/49 | €2,138 | €1,869 | -€270 | -12.6% |
| Equity | 10/15 | -€10,385 | -€13,313 | -€2,928 | -28.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,385 | -€18,313 | -€2,928 | -19.0% |
| Amounts payable | 17/49 | €12,523 | €15,181 | +€2,658 | +21.2% |
| Amounts payable within one year | 42/48 | €11,795 | €15,181 | +€3,387 | +28.7% |
| Trade debts | 44 | €211 | €780 | +€569 | +270% |
| Suppliers | 440/4 | €211 | €780 | +€569 | +270% |
| Taxes, remuneration and social security | 45 | €2 | €9 | +€8 | +499% |
| Taxes | 450/3 | €2 | €9 | +€8 | +499% |
| Other amounts payable | 47/48 | €11,582 | €14,392 | +€2,810 | +24.3% |
| Accrued charges and deferred income | 492/3 | €729 | €0 | -€729 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €621 | €529 | -€92 | -14.9% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | -€6,484 | -€1,785 | +€4,699 | +72.5% |
| Operating profit (loss) | 9901 | -€7,633 | -€2,858 | +€4,775 | +62.6% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €798 | €70 | -€727 | -91.2% |
| Recurring financial charges | 65 | €798 | €70 | -€727 | -91.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,430 | -€2,928 | +€5,502 | +65.3% |
| Profit (loss) for the period | 9904 | -€8,430 | -€2,928 | +€5,502 | +65.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,430 | -€2,928 | +€5,502 | +65.3% |
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 25 October 2026 via checked.be.