En Détail: what changed
En Détail
Largest movements
- Tangible fixed assets +€14,316
up €14,316 (+451%), from €3,176 to €17,492
of which Land and buildings: +€7,856
- Deferred charges and accrued income -€1,985
down €1,985 (-84.9%), from €2,339 to €353
- Intangible fixed assets +€1,477
up €1,477 (+157%), from €940 to €2,417
- Stocks and contracts -€598
down €598 (-15.1%), from €3,961 to €3,363
- Cash +€572
up €572 (+42,057%), from €1 to €573
mainly Debts after one year (+€28,641) and Depreciation (+€4,107)
- Debts after one year +€28,641
up €28,641 (+188%), from €15,218 to €43,859
- Profit (loss) carried forward -€16,499
down €16,499 (-209%), from -€7,906 to -€24,405
- Trade debts +€998
up €998 (+83.3%), from €1,198 to €2,196
- Gross operating margin -€6,036
down €6,036 (-95.7%), from -€6,306 to -€12,341
- Depreciation +€2,511
up €2,511 (+157%), from €1,596 to €4,107
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,010 | €25,149 | +€13,139 | +109% |
| Formation expenses | 20 | €529 | €0 | -€529 | -100% |
| Fixed assets | 21/28 | €4,116 | €19,909 | +€15,793 | +384% |
| Intangible fixed assets | 21 | €940 | €2,417 | +€1,477 | +157% |
| Tangible fixed assets | 22/27 | €3,176 | €17,492 | +€14,316 | +451% |
| Land and buildings | 22 | - | €7,856 | +€7,856 | |
| Plant, machinery and equipment | 23 | - | €2,255 | +€2,255 | |
| Furniture and vehicles | 24 | €3,176 | €7,381 | +€4,204 | +132% |
| Current assets | 29/58 | €7,365 | €5,240 | -€2,125 | -28.8% |
| Stocks and contracts in progress | 3 | €3,961 | €3,363 | -€598 | -15.1% |
| Stocks | 30/36 | €3,961 | €3,363 | -€598 | -15.1% |
| Amounts receivable within one year | 40/41 | €1,064 | €951 | -€113 | -10.7% |
| Trade receivables | 40 | €250 | €902 | +€652 | +261% |
| Other amounts receivable | 41 | €814 | €49 | -€765 | -94.0% |
| Cash at bank and in hand | 54/58 | €1 | €573 | +€572 | +42,057% |
| Deferred charges and accrued income | 490/1 | €2,339 | €353 | -€1,985 | -84.9% |
| Total equity and liabilities | 10/49 | €12,010 | €25,149 | +€13,139 | +109% |
| Equity | 10/15 | -€4,406 | -€20,905 | -€16,499 | -374% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,906 | -€24,405 | -€16,499 | -209% |
| Amounts payable | 17/49 | €16,417 | €46,055 | +€29,638 | +181% |
| Amounts payable after more than one year | 17 | €15,218 | €43,859 | +€28,641 | +188% |
| Other amounts payable | 178/9 | €15,218 | €43,859 | +€28,641 | +188% |
| Amounts payable within one year | 42/48 | €1,198 | €2,196 | +€998 | +83.3% |
| Trade debts | 44 | €1,198 | €2,196 | +€998 | +83.3% |
| Suppliers | 440/4 | €1,198 | €2,196 | +€998 | +83.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,596 | €4,107 | +€2,511 | +157% |
| Gross operating margin | 9900 | -€6,306 | -€12,341 | -€6,036 | -95.7% |
| Operating profit (loss) | 9901 | -€7,902 | -€16,448 | -€8,546 | -108% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €5 | €59 | +€55 | +1,211% |
| Recurring financial charges | 65 | €5 | €59 | +€55 | +1,211% |
| Profit (loss) for the period before taxes | 9903 | -€7,906 | -€16,499 | -€8,593 | -109% |
| Profit (loss) for the period | 9904 | -€7,906 | -€16,499 | -€8,593 | -109% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,906 | -€16,499 | -€8,593 | -109% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.