ETALKING: 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.
ETALKING
Largest movements
- Cash -€167,090
down €167,090 (-76.7%), from €217,968 to €50,879
mainly Contributions, distributions and other (-€248,388) and Other debts (-€93,109)
- Receivables within one year +€33,171
up €33,171 (+85.4%), from €38,832 to €72,003
of which Trade receivables: +€37,431
- Deferred charges and accrued income +€7,140
up €7,140 (+991.7%), from €720 to €7,860
- Tangible fixed assets -€4,736
down €4,736 (-27.0%), from €17,531 to €12,795
- Other debts -€93,109
down €93,109 (-47.0%), from €197,996 to €104,887
- Reserves -€45,065
down €45,065 (-99.3%), from €45,388 to €323
- Tax, wage and social debts +€5,838
up €5,838 (+20.1%), from €29,079 to €34,917
of which Taxes: +€4,998
- Gross operating margin +€6,159
up €6,159 (+2.3%), from €272,000 to €278,159
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 | €275,051 | €143,536 | -€131,515 | -47.8% |
| Fixed assets | 21/28 | €17,531 | €12,795 | -€4,736 | -27.0% |
| Tangible fixed assets | 22/27 | €17,531 | €12,795 | -€4,736 | -27.0% |
| Furniture and vehicles | 24 | €17,531 | €12,795 | -€4,736 | -27.0% |
| Current assets | 29/58 | €257,521 | €130,741 | -€126,779 | -49.2% |
| Amounts receivable within one year | 40/41 | €38,832 | €72,003 | +€33,171 | +85.4% |
| Trade receivables | 40 | €34,485 | €71,916 | +€37,431 | +108.5% |
| Other amounts receivable | 41 | €4,347 | €87 | -€4,260 | -98.0% |
| Cash at bank and in hand | 54/58 | €217,968 | €50,879 | -€167,090 | -76.7% |
| Deferred charges and accrued income | 490/1 | €720 | €7,860 | +€7,140 | +991.7% |
| Total equity and liabilities | 10/49 | €275,051 | €143,536 | -€131,515 | -47.8% |
| Equity | 10/15 | €45,389 | €324 | -€45,065 | -99.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €45,388 | €323 | -€45,065 | -99.3% |
| Distributable reserves | 133 | €45,388 | €323 | -€45,065 | -99.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €229,663 | €143,212 | -€86,450 | -37.6% |
| Amounts payable within one year | 42/48 | €229,663 | €143,212 | -€86,450 | -37.6% |
| Financial debts | 43 | €73 | €37 | -€36 | -48.9% |
| Credit institutions | 430/8 | €73 | €37 | -€36 | -48.9% |
| Trade debts | 44 | €2,514 | €3,370 | +€856 | +34.1% |
| Suppliers | 440/4 | €2,514 | €3,370 | +€856 | +34.1% |
| Taxes, remuneration and social security | 45 | €29,079 | €34,917 | +€5,838 | +20.1% |
| Taxes | 450/3 | €24,296 | €29,294 | +€4,998 | +20.6% |
| Remuneration and social security | 454/9 | €4,784 | €5,624 | +€840 | +17.6% |
| Other amounts payable | 47/48 | €197,996 | €104,887 | -€93,109 | -47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,407 | €6,836 | -€572 | -7.7% |
| Other operating charges | 640/8 | €2,062 | €2,034 | -€28 | -1.4% |
| Gross operating margin | 9900 | €272,000 | €278,159 | +€6,159 | +2.3% |
| Operating profit (loss) | 9901 | €262,531 | €269,289 | +€6,758 | +2.6% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.8% |
| Financial charges | 65/66B | €87 | €70 | -€18 | -20.1% |
| Recurring financial charges | 65 | €87 | €70 | -€18 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €262,449 | €269,220 | +€6,771 | +2.6% |
| Income taxes | 67/77 | €64,453 | €65,897 | +€1,444 | +2.2% |
| Profit (loss) for the period | 9904 | €197,996 | €203,323 | +€5,326 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €197,996 | €203,323 | +€5,326 | +2.7% |
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 3 October 2026 via checked.be.