ENTERPRISE ADVANTAGE: 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.
ENTERPRISE ADVANTAGE
Largest movements
- Receivables within one year -€2,327
down €2,327 (-17.0%), from €13,670 to €11,343
of which Trade receivables: -€3,251
- Profit (loss) carried forward -€15,643
down €15,643 (-13.4%), from -€116,476 to -€132,119
- Other debts +€15,518
up €15,518 (+24.8%), from €62,448 to €77,966
- Trade debts -€2,206
down €2,206 (-47.9%), from €4,601 to €2,395
- Other operating charges +€1,750
up €1,750 (+3,490%), from €50 to €1,800
- Gross operating margin -€638
down €638 (-4.9%), from -€13,064 to -€13,702
- Financial charges -€228
down €228 (-61.3%), from €373 to €144
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 | €13,910 | €11,579 | -€2,331 | -16.8% |
| Fixed assets | 21/28 | €200 | €200 | = | 0.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €13,710 | €11,379 | -€2,331 | -17.0% |
| Amounts receivable within one year | 40/41 | €13,670 | €11,343 | -€2,327 | -17.0% |
| Trade receivables | 40 | €3,771 | €520 | -€3,251 | -86.2% |
| Other amounts receivable | 41 | €9,899 | €10,823 | +€924 | +9.3% |
| Cash at bank and in hand | 54/58 | €39 | €35 | -€4 | -9.5% |
| Total equity and liabilities | 10/49 | €13,910 | €11,579 | -€2,331 | -16.8% |
| Equity | 10/15 | -€53,139 | -€68,782 | -€15,643 | -29.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €1,363 | €1,363 | = | 0.0% |
| Distributable reserves | 133 | €1,363 | €1,363 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,476 | -€132,119 | -€15,643 | -13.4% |
| Amounts payable | 17/49 | €67,048 | €80,361 | +€13,312 | +19.9% |
| Amounts payable within one year | 42/48 | €67,048 | €80,361 | +€13,312 | +19.9% |
| Trade debts | 44 | €4,601 | €2,395 | -€2,206 | -47.9% |
| Suppliers | 440/4 | €4,601 | €2,395 | -€2,206 | -47.9% |
| Other amounts payable | 47/48 | €62,448 | €77,966 | +€15,518 | +24.8% |
| Other operating charges | 640/8 | €50 | €1,800 | +€1,750 | +3,490% |
| Gross operating margin | 9900 | -€13,064 | -€13,702 | -€638 | -4.9% |
| Operating profit (loss) | 9901 | -€13,114 | -€15,502 | -€2,388 | -18.2% |
| Financial income | 75/76B | €1 | €3 | +€2 | +276% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +276% |
| Financial charges | 65/66B | €373 | €144 | -€228 | -61.3% |
| Recurring financial charges | 65 | €373 | €144 | -€228 | -61.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,486 | -€15,643 | -€2,157 | -16.0% |
| Profit (loss) for the period | 9904 | -€13,486 | -€15,643 | -€2,157 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,486 | -€15,643 | -€2,157 | -16.0% |
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 31 October 2026 via checked.be.