EXTRA VIERGE: 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.
EXTRA VIERGE
Largest movements
- Receivables after one year -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Cash -€83,250
down €83,250 (-28.8%), from €288,618 to €205,368
mainly Contributions, distributions and other (-€350,000) and Investment in fixed assets (net) (-€16,624)
- Receivables within one year -€12,187
down €12,187 (-79.6%), from €15,307 to €3,119
of which Trade receivables: -€15,047
- Tangible fixed assets +€11,488
up €11,488 (+75.0%), from €15,307 to €26,795
of which Furniture and vehicles: +€12,243
- Reserves -€360,495
down €360,495 (-92.4%), from €390,090 to €29,594
- Other debts +€194,842
up €194,842 (+3829.4%), from €5,088 to €199,930
- Tax, wage and social debts -€15,645
down €15,645 (-86.8%), from €18,020 to €2,375
- Gross operating margin -€236,117
down €236,117, from €232,275 to -€3,841
- Taxes -€53,964
down €53,964 (-99.6%), from €54,170 to €206
- Financial income -€3,000
down €3,000 (-100.0%), from €3,000 to €0
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 | €423,265 | €237,810 | -€185,455 | -43.8% |
| Fixed assets | 21/28 | €15,307 | €26,795 | +€11,488 | +75.0% |
| Tangible fixed assets | 22/27 | €15,307 | €26,795 | +€11,488 | +75.0% |
| Plant, machinery and equipment | 23 | €1,633 | €878 | -€755 | -46.2% |
| Furniture and vehicles | 24 | €13,674 | €25,917 | +€12,243 | +89.5% |
| Current assets | 29/58 | €407,958 | €211,015 | -€196,943 | -48.3% |
| Amounts receivable after more than one year | 29 | €100,000 | €0 | -€100,000 | -100.0% |
| Other amounts receivable | 291 | €100,000 | €0 | -€100,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €15,307 | €3,119 | -€12,187 | -79.6% |
| Trade receivables | 40 | €15,307 | €259 | -€15,047 | -98.3% |
| Other amounts receivable | 41 | - | €2,860 | +€2,860 | |
| Cash at bank and in hand | 54/58 | €288,618 | €205,368 | -€83,250 | -28.8% |
| Deferred charges and accrued income | 490/1 | €4,034 | €2,528 | -€1,506 | -37.3% |
| Total equity and liabilities | 10/49 | €423,265 | €237,810 | -€185,455 | -43.8% |
| Equity | 10/15 | €395,090 | €34,594 | -€360,495 | -91.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €390,090 | €29,594 | -€360,495 | -92.4% |
| Distributable reserves | 133 | €390,090 | €29,594 | -€360,495 | -92.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,176 | €203,216 | +€175,040 | +621.2% |
| Amounts payable within one year | 42/48 | €28,176 | €203,216 | +€175,040 | +621.2% |
| Trade debts | 44 | €5,068 | €911 | -€4,157 | -82.0% |
| Suppliers | 440/4 | €5,068 | €911 | -€4,157 | -82.0% |
| Taxes, remuneration and social security | 45 | €18,020 | €2,375 | -€15,645 | -86.8% |
| Taxes | 450/3 | €18,020 | €2,375 | -€15,645 | -86.8% |
| Other amounts payable | 47/48 | €5,088 | €199,930 | +€194,842 | +3829.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,050 | €5,136 | +€1,087 | +26.8% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €232,275 | -€3,841 | -€236,117 | |
| Operating profit (loss) | 9901 | €227,720 | -€9,498 | -€237,218 | |
| Financial income | 75/76B | €3,000 | €0 | -€3,000 | -100.0% |
| Recurring financial income | 75 | €3,000 | €0 | -€3,000 | -100.0% |
| Financial charges | 65/66B | €1,204 | €792 | -€413 | -34.2% |
| Recurring financial charges | 65 | €1,204 | €792 | -€413 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €229,516 | -€10,290 | -€239,805 | |
| Income taxes | 67/77 | €54,170 | €206 | -€53,964 | -99.6% |
| Profit (loss) for the period | 9904 | €175,346 | -€10,495 | -€185,841 | |
| Profit (loss) for the period to be appropriated | 9905 | €175,346 | -€10,495 | -€185,841 |
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.