EXPERT DATA: 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 DATA
Largest movements
- Tangible fixed assets -€6,177
down €6,177 (-14.7%), from €41,910 to €35,733
of which Furniture and vehicles: -€3,362
- Cash +€4,620
up €4,620 (+177.0%), from €2,610 to €7,230
mainly Depreciation (+€12,991) and Net result for the year (+€7,360)
- Debts after one year -€9,392
down €9,392 (-34.8%), from €26,979 to €17,587
- Profit (loss) carried forward +€7,360
up €7,360 (+111.3%), from €6,615 to €13,975
- Tax, wage and social debts -€827
down €827 (-7.4%), from €11,192 to €10,365
of which Taxes: -€1,027
- Purchases and services +€13,177
up €13,177 (+13.4%), from €98,564 to €111,741
- Gross operating margin -€12,886
down €12,886 (-33.9%), from €38,021 to €25,134
- Taxes -€3,882
no longer reported in 2025 (was €3,882)
- Other operating charges -€2,827
down €2,827 (-69.7%), from €4,056 to €1,229
- Staff costs +€1,625
up €1,625 (+145.6%), from €1,116 to €2,741
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 | €77,015 | €75,212 | -€1,803 | -2.3% |
| Fixed assets | 21/28 | €41,940 | €35,763 | -€6,177 | -14.7% |
| Tangible fixed assets | 22/27 | €41,910 | €35,733 | -€6,177 | -14.7% |
| Plant, machinery and equipment | 23 | €455 | - | -€455 | |
| Furniture and vehicles | 24 | €34,996 | €31,634 | -€3,362 | -9.6% |
| Other tangible fixed assets | 26 | €6,459 | €4,099 | -€2,360 | -36.5% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €35,075 | €39,449 | +€4,374 | +12.5% |
| Amounts receivable within one year | 40/41 | €32,465 | €32,218 | -€246 | -0.8% |
| Trade receivables | 40 | €30,250 | €29,872 | -€378 | -1.2% |
| Other amounts receivable | 41 | €2,215 | €2,347 | +€132 | +6.0% |
| Cash at bank and in hand | 54/58 | €2,610 | €7,230 | +€4,620 | +177.0% |
| Total equity and liabilities | 10/49 | €77,015 | €75,212 | -€1,803 | -2.3% |
| Equity | 10/15 | €19,015 | €26,375 | +€7,360 | +38.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,615 | €13,975 | +€7,360 | +111.3% |
| Amounts payable | 17/49 | €58,000 | €48,837 | -€9,163 | -15.8% |
| Amounts payable after more than one year | 17 | €26,979 | €17,587 | -€9,392 | -34.8% |
| Financial debts | 170/4 | €26,979 | €17,587 | -€9,392 | -34.8% |
| Amounts payable within one year | 42/48 | €31,020 | €31,250 | +€230 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €8,942 | €9,392 | +€450 | +5.0% |
| Trade debts | 44 | €1,039 | €1,528 | +€489 | +47.1% |
| Suppliers | 440/4 | €1,039 | €1,528 | +€489 | +47.1% |
| Taxes, remuneration and social security | 45 | €11,192 | €10,365 | -€827 | -7.4% |
| Taxes | 450/3 | €9,692 | €8,665 | -€1,027 | -10.6% |
| Remuneration and social security | 454/9 | €1,500 | €1,700 | +€200 | +13.3% |
| Other amounts payable | 47/48 | €9,847 | €9,965 | +€118 | +1.2% |
| Non-recurring operating income | 76A | €136,584 | - | -€136,584 | |
| Goods, raw materials, services and sundry goods | 60/61 | €98,564 | €111,741 | +€13,177 | +13.4% |
| Remuneration, social security and pensions | 62 | €1,116 | €2,741 | +€1,625 | +145.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,963 | €12,991 | -€972 | -7.0% |
| Other operating charges | 640/8 | €4,056 | €1,229 | -€2,827 | -69.7% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €38,021 | €25,134 | -€12,886 | -33.9% |
| Operating profit (loss) | 9901 | €18,886 | €8,172 | -€10,713 | -56.7% |
| Financial income | 75/76B | €3 | €1,612 | +€1,609 | +53642.0% |
| Recurring financial income | 75 | €3 | €1,612 | +€1,609 | +53642.0% |
| Non-recurring financial income | 76B | - | €1,612 | +€1,612 | |
| Financial charges | 65/66B | €2,441 | €2,425 | -€16 | -0.7% |
| Recurring financial charges | 65 | €2,441 | €2,425 | -€16 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €16,448 | €7,360 | -€9,088 | -55.3% |
| Income taxes | 67/77 | €3,882 | - | -€3,882 | |
| Profit (loss) for the period | 9904 | €12,566 | €7,360 | -€5,206 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,566 | €7,360 | -€5,206 | -41.4% |
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 28 September 2026 via checked.be.