ERRATA: 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.
ERRATA
Largest movements
- Cash -€41,502
down €41,502 (-45.0%), from €92,155 to €50,653
mainly Contributions, distributions and other (-€88,824) and Receivables within one year (-€11,856)
- Receivables within one year +€11,856
up €11,856 (+90.8%), from €13,061 to €24,918
of which Trade receivables: +€11,743
- Profit (loss) carried forward -€44,054
down €44,054 (-46.1%), from €95,526 to €51,472
- Trade debts +€12,767
up €12,767 (+850.8%), from €1,501 to €14,268
- Tax, wage and social debts +€3,119
up €3,119 (+50.8%), from €6,138 to €9,257
of which Taxes: +€2,530
- Gross operating margin +€18,772
up €18,772 (+47.6%), from €39,411 to €58,183
- Taxes +€3,596
up €3,596 (+42.4%), from €8,486 to €12,083
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 | €107,367 | €79,147 | -€28,221 | -26.3% |
| Fixed assets | 21/28 | €1,270 | €1,938 | +€668 | +52.6% |
| Tangible fixed assets | 22/27 | €1,270 | €1,938 | +€668 | +52.6% |
| Furniture and vehicles | 24 | €1,270 | €1,938 | +€668 | +52.6% |
| Current assets | 29/58 | €106,097 | €77,209 | -€28,888 | -27.2% |
| Amounts receivable within one year | 40/41 | €13,061 | €24,918 | +€11,856 | +90.8% |
| Trade receivables | 40 | €12,757 | €24,500 | +€11,743 | +92.1% |
| Other amounts receivable | 41 | €304 | €417 | +€113 | +37.2% |
| Cash at bank and in hand | 54/58 | €92,155 | €50,653 | -€41,502 | -45.0% |
| Deferred charges and accrued income | 490/1 | €881 | €1,638 | +€757 | +85.9% |
| Total equity and liabilities | 10/49 | €107,367 | €79,147 | -€28,221 | -26.3% |
| Equity | 10/15 | €99,526 | €55,472 | -€44,054 | -44.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,526 | €51,472 | -€44,054 | -46.1% |
| Amounts payable | 17/49 | €7,842 | €23,675 | +€15,833 | +201.9% |
| Amounts payable within one year | 42/48 | €7,776 | €23,608 | +€15,832 | +203.6% |
| Trade debts | 44 | €1,501 | €14,268 | +€12,767 | +850.8% |
| Suppliers | 440/4 | €1,501 | €14,268 | +€12,767 | +850.8% |
| Taxes, remuneration and social security | 45 | €6,138 | €9,257 | +€3,119 | +50.8% |
| Taxes | 450/3 | €3,067 | €5,597 | +€2,530 | +82.5% |
| Remuneration and social security | 454/9 | €3,071 | €3,660 | +€588 | +19.2% |
| Other amounts payable | 47/48 | €137 | €84 | -€54 | -39.1% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €497 | €684 | +€188 | +37.8% |
| Other operating charges | 640/8 | €210 | €492 | +€282 | +134.4% |
| Gross operating margin | 9900 | €39,411 | €58,183 | +€18,772 | +47.6% |
| Operating profit (loss) | 9901 | €38,705 | €57,007 | +€18,302 | +47.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €258 | €155 | -€103 | -40.1% |
| Recurring financial charges | 65 | €258 | €155 | -€103 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €38,447 | €56,853 | +€18,406 | +47.9% |
| Income taxes | 67/77 | €8,486 | €12,083 | +€3,596 | +42.4% |
| Profit (loss) for the period | 9904 | €29,961 | €44,770 | +€14,809 | +49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,961 | €44,770 | +€14,809 | +49.4% |
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 29 September 2026 via checked.be.