ENTERPRISE: what changed
ENTERPRISE
Largest movements
- Cash -€4,352
down €4,352 (-84.6%), from €5,146 to €794
mainly Trade debts (-€5,816) and Deferred charges and accrued income (-€3,964)
- Deferred charges and accrued income +€3,964
new in 2025: €3,964
- Receivables within one year +€1,511
up €1,511 (+22.8%), from €6,616 to €8,127
of which Other amounts receivable: +€3,380
- Profit (loss) carried forward +€5,951
up €5,951, from -€3,533 to €2,418
- Trade debts -€5,816
down €5,816 (-65.3%), from €8,900 to €3,084
- Tax, wage and social debts +€987
up €987 (+70.8%), from €1,395 to €2,382
- Gross operating margin +€12,169
up €12,169, from -€2,987 to €9,182
- Other operating charges +€2,881
up €2,881 (+933%), from €309 to €3,190
- Financial charges -€196
down €196 (-82.7%), from €237 to €41
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 | €11,762 | €12,885 | +€1,123 | +9.5% |
| Current assets | 29/58 | €11,762 | €12,885 | +€1,123 | +9.5% |
| Amounts receivable within one year | 40/41 | €6,616 | €8,127 | +€1,511 | +22.8% |
| Trade receivables | 40 | €1,870 | €0 | -€1,870 | -100% |
| Other amounts receivable | 41 | €4,746 | €8,127 | +€3,380 | +71.2% |
| Cash at bank and in hand | 54/58 | €5,146 | €794 | -€4,352 | -84.6% |
| Deferred charges and accrued income | 490/1 | - | €3,964 | +€3,964 | |
| Total equity and liabilities | 10/49 | €11,762 | €12,885 | +€1,123 | +9.5% |
| Equity | 10/15 | €1,467 | €7,418 | +€5,951 | +406% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,533 | €2,418 | +€5,951 | |
| Amounts payable | 17/49 | €10,295 | €5,466 | -€4,829 | -46.9% |
| Amounts payable within one year | 42/48 | €10,295 | €5,466 | -€4,829 | -46.9% |
| Trade debts | 44 | €8,900 | €3,084 | -€5,816 | -65.3% |
| Suppliers | 440/4 | €8,900 | €3,084 | -€5,816 | -65.3% |
| Taxes, remuneration and social security | 45 | €1,395 | €2,382 | +€987 | +70.8% |
| Taxes | 450/3 | €1,395 | €2,382 | +€987 | +70.8% |
| Other operating charges | 640/8 | €309 | €3,190 | +€2,881 | +933% |
| Gross operating margin | 9900 | -€2,987 | €9,182 | +€12,169 | |
| Operating profit (loss) | 9901 | -€3,296 | €5,992 | +€9,288 | |
| Financial charges | 65/66B | €237 | €41 | -€196 | -82.7% |
| Recurring financial charges | 65 | €237 | €41 | -€196 | -82.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,533 | €5,951 | +€9,484 | |
| Profit (loss) for the period | 9904 | -€3,533 | €5,951 | +€9,484 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,533 | €5,951 | +€9,484 |
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.