Experience: 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.
Experience
Largest movements
- Receivables within one year -€4,212
down €4,212 (-59.4%), from €7,095 to €2,883
of which Trade receivables: -€6,962
- Cash +€3,922
up €3,922 (+22.3%), from €17,614 to €21,536
mainly Other debts (+€16,117) and Receivables within one year (+€4,212)
- Financial fixed assets +€1,500
new in 2025: €1,500
- Debts after one year -€16,117
no longer reported in 2025 (was €16,117)
- Other debts +€16,117
new in 2025: €16,117
- Trade debts +€2,385
up €2,385 (+472%), from €506 to €2,891
- Profit (loss) carried forward -€1,175
down €1,175 (-9.0%), from -€13,088 to -€14,262
- Gross operating margin -€32,653
down €32,653, from €31,703 to -€950
- Financial income -€1,131
no longer reported in 2025 (was €1,131)
- Financial charges -€355
down €355 (-88.7%), from €400 to €45
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 | €29,576 | €30,787 | +€1,211 | +4.1% |
| Fixed assets | 21/28 | - | €1,500 | +€1,500 | |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €29,576 | €29,287 | -€289 | -1.0% |
| Stocks and contracts in progress | 3 | €4,867 | €4,867 | = | 0.0% |
| Stocks | 30/36 | €4,867 | €4,867 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,095 | €2,883 | -€4,212 | -59.4% |
| Trade receivables | 40 | €7,048 | €86 | -€6,962 | -98.8% |
| Other amounts receivable | 41 | €48 | €2,798 | +€2,750 | +5,781% |
| Cash at bank and in hand | 54/58 | €17,614 | €21,536 | +€3,922 | +22.3% |
| Total equity and liabilities | 10/49 | €29,576 | €30,787 | +€1,211 | +4.1% |
| Equity | 10/15 | -€6,887 | -€8,061 | -€1,175 | -17.1% |
| Contributions | 10/11 | €6,201 | €6,201 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,088 | -€14,262 | -€1,175 | -9.0% |
| Amounts payable | 17/49 | €36,463 | €38,848 | +€2,385 | +6.5% |
| Amounts payable after more than one year | 17 | €16,117 | - | -€16,117 | |
| Other amounts payable | 178/9 | €16,117 | - | -€16,117 | |
| Amounts payable within one year | 42/48 | €20,346 | €38,848 | +€18,502 | +90.9% |
| Financial debts | 43 | €15,000 | €15,000 | = | 0.0% |
| Credit institutions | 430/8 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €506 | €2,891 | +€2,385 | +472% |
| Suppliers | 440/4 | €506 | €2,891 | +€2,385 | +472% |
| Advances received on contracts in progress | 46 | €4,840 | €4,840 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €16,117 | +€16,117 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €141 | €179 | +€39 | +27.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €31,703 | -€950 | -€32,653 | |
| Operating profit (loss) | 9901 | €31,563 | -€1,129 | -€32,692 | |
| Financial income | 75/76B | €1,131 | - | -€1,131 | |
| Recurring financial income | 75 | €1,131 | - | -€1,131 | |
| Financial charges | 65/66B | €400 | €45 | -€355 | -88.7% |
| Recurring financial charges | 65 | €400 | €45 | -€355 | -88.7% |
| Profit (loss) for the period before taxes | 9903 | €32,294 | -€1,175 | -€33,469 | |
| Profit (loss) for the period | 9904 | €32,294 | -€1,175 | -€33,469 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,294 | -€1,175 | -€33,469 |
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 14 October 2026 via checked.be.