EXPERT CLASS: 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.
EXPERT CLASS
Largest movements
- Receivables within one year -€9,670
down €9,670 (-76.1%), from €12,712 to €3,042
of which Trade receivables: -€11,045
- Cash +€7,292
up €7,292 (+3556.3%), from €205 to €7,497
mainly Receivables within one year (+€9,670) and Net result for the year (+€2,328)
- Reserves +€5,977
new in 2025: €5,977
- Accrued charges and deferred income -€4,995
down €4,995 (-100.0%), from €4,995 to €0
- Profit (loss) carried forward -€3,649
down €3,649 (-100.0%), from €3,649 to €0
- Trade debts +€563
new in 2025: €563
- Tax, wage and social debts -€273
down €273 (-100.0%), from €273 to €0
- Gross operating margin -€1,467
down €1,467 (-27.3%), from €5,371 to €3,904
- Taxes -€255
down €255 (-20.0%), from €1,273 to €1,018
- Other operating charges +€131
up €131 (+33.7%), from €387 to €518
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 | €12,917 | €10,539 | -€2,378 | -18.4% |
| Current assets | 29/58 | €12,917 | €10,539 | -€2,378 | -18.4% |
| Amounts receivable within one year | 40/41 | €12,712 | €3,042 | -€9,670 | -76.1% |
| Trade receivables | 40 | €11,045 | €0 | -€11,045 | -100.0% |
| Other amounts receivable | 41 | €1,667 | €3,042 | +€1,375 | +82.5% |
| Cash at bank and in hand | 54/58 | €205 | €7,497 | +€7,292 | +3556.3% |
| Total equity and liabilities | 10/49 | €12,917 | €10,539 | -€2,378 | -18.4% |
| Equity | 10/15 | €7,649 | €9,977 | +€2,328 | +30.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €5,977 | +€5,977 | |
| Distributable reserves | 133 | - | €5,977 | +€5,977 | |
| Profit (loss) carried forward | 14 | €3,649 | €0 | -€3,649 | -100.0% |
| Amounts payable | 17/49 | €5,268 | €563 | -€4,706 | -89.3% |
| Amounts payable within one year | 42/48 | €273 | €563 | +€289 | +105.8% |
| Trade debts | 44 | - | €563 | +€563 | |
| Suppliers | 440/4 | - | €563 | +€563 | |
| Taxes, remuneration and social security | 45 | €273 | €0 | -€273 | -100.0% |
| Taxes | 450/3 | €273 | €0 | -€273 | -100.0% |
| Accrued charges and deferred income | 492/3 | €4,995 | €0 | -€4,995 | -100.0% |
| Other operating charges | 640/8 | €387 | €518 | +€131 | +33.7% |
| Gross operating margin | 9900 | €5,371 | €3,904 | -€1,467 | -27.3% |
| Operating profit (loss) | 9901 | €4,984 | €3,386 | -€1,598 | -32.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €62 | €40 | -€21 | -34.5% |
| Recurring financial charges | 65 | €62 | €40 | -€21 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €4,922 | €3,346 | -€1,577 | -32.0% |
| Income taxes | 67/77 | €1,273 | €1,018 | -€255 | -20.0% |
| Profit (loss) for the period | 9904 | €3,649 | €2,328 | -€1,322 | -36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,649 | €2,328 | -€1,322 | -36.2% |
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.