ENTROPY CONSULT: what changed
Two fiscal 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.
ENTROPY CONSULT
Largest movements
- Receivables within one year -€13,358
down €13,358 (-58.2%), from €22,947 to €9,589
of which Trade receivables: -€13,358
- Cash +€6,336
up €6,336 (+33717.8%), from €19 to €6,354
mainly Receivables within one year (+€13,358) and Net result for the year (+€13)
- Tax, wage and social debts -€6,876
down €6,876 (-63.8%), from €10,775 to €3,899
of which Taxes: -€6,076
- Gross operating margin -€4,515
down €4,515 (-70.7%), from €6,385 to €1,871
- Financial charges -€986
down €986 (-58.7%), from €1,678 to €692
- Other operating charges +€326
up €326 (+39.0%), from €836 to €1,161
- Taxes -€98
down €98 (-96.5%), from €102 to €4
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.
Cash bridge derived
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 | €22,965 | €15,943 | -€7,022 | -30.6% |
| Current assets | 29/58 | €22,965 | €15,943 | -€7,022 | -30.6% |
| Amounts receivable within one year | 40/41 | €22,947 | €9,589 | -€13,358 | -58.2% |
| Trade receivables | 40 | €22,710 | €9,352 | -€13,358 | -58.8% |
| Other amounts receivable | 41 | €237 | €237 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19 | €6,354 | +€6,336 | +33717.8% |
| Total equity and liabilities | 10/49 | €22,965 | €15,943 | -€7,022 | -30.6% |
| Equity | 10/15 | €2,408 | €2,421 | +€13 | +0.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €408 | €421 | +€13 | +3.3% |
| Amounts payable | 17/49 | €20,558 | €13,522 | -€7,036 | -34.2% |
| Amounts payable within one year | 42/48 | €20,558 | €13,522 | -€7,036 | -34.2% |
| Trade debts | 44 | €1,993 | €1,833 | -€159 | -8.0% |
| Suppliers | 440/4 | €1,993 | €1,833 | -€159 | -8.0% |
| Taxes, remuneration and social security | 45 | €10,775 | €3,899 | -€6,876 | -63.8% |
| Taxes | 450/3 | €9,975 | €3,899 | -€6,076 | -60.9% |
| Remuneration and social security | 454/9 | €800 | - | -€800 | |
| Other amounts payable | 47/48 | €7,790 | €7,790 | = | 0.0% |
| Other operating charges | 640/8 | €836 | €1,161 | +€326 | +39.0% |
| Gross operating margin | 9900 | €6,385 | €1,871 | -€4,515 | -70.7% |
| Operating profit (loss) | 9901 | €5,550 | €709 | -€4,841 | -87.2% |
| Financial charges | 65/66B | €1,678 | €692 | -€986 | -58.7% |
| Recurring financial charges | 65 | €1,678 | €692 | -€986 | -58.7% |
| Profit (loss) for the period before taxes | 9903 | €3,872 | €17 | -€3,855 | -99.6% |
| Income taxes | 67/77 | €102 | €4 | -€98 | -96.5% |
| Profit (loss) for the period | 9904 | €3,770 | €13 | -€3,757 | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,770 | €13 | -€3,757 | -99.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.