EN SUITE: 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.
EN SUITE
Largest movements
- Receivables within one year -€8,183
down €8,183 (-64.5%), from €12,681 to €4,498
of which Other amounts receivable: -€5,270
- Stocks and contracts -€1,501
down €1,501 (-15.5%), from €9,711 to €8,210
- Intangible fixed assets -€707
down €707 (-33.8%), from €2,089 to €1,382
- Tangible fixed assets +€690
up €690 (+246%), from €280 to €971
- Profit (loss) carried forward -€16,162
down €16,162, from €453 to -€15,709
- Trade debts +€10,197
up €10,197 (+164%), from €6,233 to €16,430
- Tax, wage and social debts -€3,450
down €3,450 (-27.4%), from €12,587 to €9,137
of which Taxes: -€2,515
- Gross operating margin -€27,204
down €27,204 (-49.4%), from €55,064 to €27,860
- Staff costs -€9,630
down €9,630 (-19.2%), from €50,169 to €40,539
- Other operating charges -€1,101
down €1,101 (-57.9%), from €1,901 to €801
- Financial charges +€922
up €922 (+165%), from €559 to €1,482
- Taxes -€564
down €564 (-100%), from €564 to €0
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 | €28,883 | €19,468 | -€9,414 | -32.6% |
| Fixed assets | 21/28 | €2,369 | €2,353 | -€16 | -0.7% |
| Intangible fixed assets | 21 | €2,089 | €1,382 | -€707 | -33.8% |
| Tangible fixed assets | 22/27 | €280 | €971 | +€690 | +246% |
| Furniture and vehicles | 24 | €280 | €971 | +€690 | +246% |
| Current assets | 29/58 | €26,513 | €17,115 | -€9,398 | -35.4% |
| Stocks and contracts in progress | 3 | €9,711 | €8,210 | -€1,501 | -15.5% |
| Stocks | 30/36 | €9,711 | €8,210 | -€1,501 | -15.5% |
| Amounts receivable within one year | 40/41 | €12,681 | €4,498 | -€8,183 | -64.5% |
| Trade receivables | 40 | €3,310 | €397 | -€2,913 | -88.0% |
| Other amounts receivable | 41 | €9,371 | €4,101 | -€5,270 | -56.2% |
| Cash at bank and in hand | 54/58 | €4,121 | €4,407 | +€286 | +6.9% |
| Total equity and liabilities | 10/49 | €28,883 | €19,468 | -€9,414 | -32.6% |
| Equity | 10/15 | €9,813 | -€6,349 | -€16,162 | |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €453 | -€15,709 | -€16,162 | |
| Amounts payable | 17/49 | €19,070 | €25,817 | +€6,747 | +35.4% |
| Amounts payable within one year | 42/48 | €18,820 | €25,567 | +€6,747 | +35.9% |
| Trade debts | 44 | €6,233 | €16,430 | +€10,197 | +164% |
| Suppliers | 440/4 | €6,233 | €16,430 | +€10,197 | +164% |
| Taxes, remuneration and social security | 45 | €12,587 | €9,137 | -€3,450 | -27.4% |
| Taxes | 450/3 | €3,079 | €564 | -€2,515 | -81.7% |
| Remuneration and social security | 454/9 | €9,508 | €8,573 | -€935 | -9.8% |
| Accrued charges and deferred income | 492/3 | €250 | €250 | = | 0.0% |
| Non-recurring operating income | 76A | - | €856 | +€856 | |
| Remuneration, social security and pensions | 62 | €50,169 | €40,539 | -€9,630 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,007 | €1,325 | +€319 | +31.6% |
| Other operating charges | 640/8 | €1,901 | €801 | -€1,101 | -57.9% |
| Gross operating margin | 9900 | €55,064 | €27,860 | -€27,204 | -49.4% |
| Operating profit (loss) | 9901 | €1,987 | -€14,805 | -€16,792 | |
| Financial income | 75/76B | €210 | €124 | -€86 | -40.8% |
| Recurring financial income | 75 | €210 | €124 | -€86 | -40.8% |
| Financial charges | 65/66B | €559 | €1,482 | +€922 | +165% |
| Recurring financial charges | 65 | €559 | €1,482 | +€922 | +165% |
| Profit (loss) for the period before taxes | 9903 | €1,638 | -€16,162 | -€17,800 | |
| Income taxes | 67/77 | €564 | €0 | -€564 | -100% |
| Profit (loss) for the period | 9904 | €1,074 | -€16,162 | -€17,236 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,074 | -€16,162 | -€17,236 |
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 14 October 2026 via checked.be.