EXTRADOS: 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.
EXTRADOS
Largest movements
- Receivables within one year +€925
up €925 (+4.8%), from €19,478 to €20,403
of which Other amounts receivable: +€9,738
- Cash +€916
up €916 (+294.3%), from €311 to €1,227
mainly Other debts (+€121,056) and Deferred charges and accrued income (+€753)
- Other debts +€121,056
new in 2025: €121,056
- Profit (loss) carried forward -€107,085
down €107,085 (-25.7%), from -€417,399 to -€524,483
- Trade debts -€8,981
down €8,981 (-64.6%), from €13,912 to €4,931
- Debts after one year -€4,200
down €4,200 (-1.3%), from €324,062 to €319,862
- Other operating charges +€38,966
up €38,966 (+1992.1%), from €1,956 to €40,922
- Staff costs +€2,635
up €2,635 (+9.1%), from €29,027 to €31,663
- Gross operating margin -€2,170
down €2,170 (-8.1%), from -€26,895 to -€29,065
- Financial charges +€1,929
up €1,929 (+71.0%), from €2,719 to €4,648
- Depreciation -€1,208
down €1,208 (-66.5%), from €1,816 to €609
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 | €77,142 | €77,622 | +€480 | +0.6% |
| Fixed assets | 21/28 | €56,600 | €55,991 | -€609 | -1.1% |
| Tangible fixed assets | 22/27 | €56,600 | €55,991 | -€609 | -1.1% |
| Land and buildings | 22 | €55,893 | €55,893 | = | 0.0% |
| Furniture and vehicles | 24 | €707 | €99 | -€609 | -86.1% |
| Current assets | 29/58 | €20,542 | €21,631 | +€1,088 | +5.3% |
| Amounts receivable within one year | 40/41 | €19,478 | €20,403 | +€925 | +4.8% |
| Trade receivables | 40 | €8,812 | - | -€8,812 | |
| Other amounts receivable | 41 | €10,666 | €20,403 | +€9,738 | +91.3% |
| Cash at bank and in hand | 54/58 | €311 | €1,227 | +€916 | +294.3% |
| Deferred charges and accrued income | 490/1 | €753 | - | -€753 | |
| Total equity and liabilities | 10/49 | €77,142 | €77,622 | +€480 | +0.6% |
| Equity | 10/15 | -€290,689 | -€397,774 | -€107,085 | -36.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €64,710 | €64,710 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,976 | €3,976 | = | 0.0% |
| Legal reserve | 130 | €3,976 | €3,976 | = | 0.0% |
| Distributable reserves | 133 | €60,734 | €60,734 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€417,399 | -€524,483 | -€107,085 | -25.7% |
| Amounts payable | 17/49 | €367,831 | €475,396 | +€107,564 | +29.2% |
| Amounts payable after more than one year | 17 | €324,062 | €319,862 | -€4,200 | -1.3% |
| Other amounts payable | 178/9 | €324,062 | €319,862 | -€4,200 | -1.3% |
| Amounts payable within one year | 42/48 | €43,769 | €155,533 | +€111,764 | +255.4% |
| Trade debts | 44 | €13,912 | €4,931 | -€8,981 | -64.6% |
| Suppliers | 440/4 | €13,912 | €4,931 | -€8,981 | -64.6% |
| Taxes, remuneration and social security | 45 | €29,857 | €29,546 | -€311 | -1.0% |
| Taxes | 450/3 | €5,079 | €5,958 | +€879 | +17.3% |
| Remuneration and social security | 454/9 | €24,777 | €23,587 | -€1,190 | -4.8% |
| Other amounts payable | 47/48 | - | €121,056 | +€121,056 | |
| Remuneration, social security and pensions | 62 | €29,027 | €31,663 | +€2,635 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,816 | €609 | -€1,208 | -66.5% |
| Other operating charges | 640/8 | €1,956 | €40,922 | +€38,966 | +1992.1% |
| Gross operating margin | 9900 | -€26,895 | -€29,065 | -€2,170 | -8.1% |
| Operating profit (loss) | 9901 | -€59,695 | -€102,258 | -€42,563 | -71.3% |
| Financial income | 75/76B | - | €117 | +€117 | |
| Recurring financial income | 75 | - | €117 | +€117 | |
| Financial charges | 65/66B | €2,719 | €4,648 | +€1,929 | +71.0% |
| Recurring financial charges | 65 | €2,719 | €4,648 | +€1,929 | +71.0% |
| Profit (loss) for the period before taxes | 9903 | -€62,413 | -€106,788 | -€44,375 | -71.1% |
| Income taxes | 67/77 | €346 | €296 | -€50 | -14.4% |
| Profit (loss) for the period | 9904 | -€62,760 | -€107,085 | -€44,325 | -70.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,760 | -€107,085 | -€44,325 | -70.6% |
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 11 October 2026 via checked.be.