ESSENTIAL DIGITS: 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.
ESSENTIAL DIGITS
Largest movements
- Cash -€142,053
down €142,053 (-31.9%), from €445,041 to €302,989
mainly Contributions, distributions and other (-€227,732) and Receivables within one year (-€22,167)
- Receivables within one year +€22,167
up €22,167 (+24.1%), from €92,153 to €114,320
of which Trade receivables: +€18,880
- Profit (loss) carried forward -€121,932
down €121,932 (-45.1%), from €270,329 to €148,396
- Reserves -€51,262
down €51,262 (-96.5%), from €53,122 to €1,860
of which Distributable reserves: -€51,262
- Other debts +€48,699
up €48,699 (+32.5%), from €150,000 to €198,699
- Taxes -€29,172
down €29,172 (-64.2%), from €45,459 to €16,287
- Gross operating margin -€19,375
down €19,375 (-21.0%), from €92,331 to €72,956
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €547,080 | €425,639 | -€121,441 | -22.2% |
| Fixed assets | 21/28 | €8,681 | €7,174 | -€1,506 | -17.4% |
| Tangible fixed assets | 22/27 | €8,681 | €7,174 | -€1,506 | -17.4% |
| Plant, machinery and equipment | 23 | €122 | €46 | -€76 | -62.5% |
| Furniture and vehicles | 24 | €8,559 | €7,129 | -€1,430 | -16.7% |
| Current assets | 29/58 | €538,400 | €418,465 | -€119,935 | -22.3% |
| Amounts receivable within one year | 40/41 | €92,153 | €114,320 | +€22,167 | +24.1% |
| Trade receivables | 40 | €23,003 | €41,883 | +€18,880 | +82.1% |
| Other amounts receivable | 41 | €69,150 | €72,436 | +€3,286 | +4.8% |
| Cash at bank and in hand | 54/58 | €445,041 | €302,989 | -€142,053 | -31.9% |
| Deferred charges and accrued income | 490/1 | €1,206 | €1,157 | -€49 | -4.1% |
| Total equity and liabilities | 10/49 | €547,080 | €425,639 | -€121,441 | -22.2% |
| Equity | 10/15 | €335,450 | €162,256 | -€173,194 | -51.6% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Outside capital | 11 | €12,000 | - | -€12,000 | |
| Other | 1109/19 | €12,000 | - | -€12,000 | |
| Reserves | 13 | €53,122 | €1,860 | -€51,262 | -96.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €51,262 | €0 | -€51,262 | -100.0% |
| Profit (loss) carried forward | 14 | €270,329 | €148,396 | -€121,932 | -45.1% |
| Amounts payable | 17/49 | €211,630 | €263,383 | +€51,753 | +24.5% |
| Amounts payable within one year | 42/48 | €210,929 | €260,189 | +€49,260 | +23.4% |
| Trade debts | 44 | €12,306 | €7,879 | -€4,426 | -36.0% |
| Suppliers | 440/4 | €12,306 | €7,879 | -€4,426 | -36.0% |
| Taxes, remuneration and social security | 45 | €48,623 | €53,611 | +€4,988 | +10.3% |
| Taxes | 450/3 | €45,675 | €53,611 | +€7,937 | +17.4% |
| Remuneration and social security | 454/9 | €2,949 | - | -€2,949 | |
| Other amounts payable | 47/48 | €150,000 | €198,699 | +€48,699 | +32.5% |
| Accrued charges and deferred income | 492/3 | €701 | €3,194 | +€2,493 | +355.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,842 | €4,968 | +€126 | +2.6% |
| Other operating charges | 640/8 | €1,385 | €906 | -€479 | -34.6% |
| Gross operating margin | 9900 | €92,331 | €72,956 | -€19,375 | -21.0% |
| Operating profit (loss) | 9901 | €86,104 | €67,082 | -€19,022 | -22.1% |
| Financial income | 75/76B | €4,024 | €3,838 | -€186 | -4.6% |
| Recurring financial income | 75 | €4,024 | €3,838 | -€186 | -4.6% |
| Financial charges | 65/66B | €238 | €94 | -€144 | -60.5% |
| Recurring financial charges | 65 | €238 | €94 | -€144 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €89,890 | €70,825 | -€19,065 | -21.2% |
| Income taxes | 67/77 | €45,459 | €16,287 | -€29,172 | -64.2% |
| Profit (loss) for the period | 9904 | €44,431 | €54,538 | +€10,107 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,431 | €54,538 | +€10,107 | +22.7% |
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 28 September 2026 via checked.be.