eye-watch: 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.
eye-watch
Largest movements
- Receivables within one year -€4,974
down €4,974 (-73.3%), from €6,785 to €1,811
of which Trade receivables: -€4,822
- Stocks and contracts +€528
up €528 (+162.9%), from €324 to €852
- Deferred charges and accrued income +€473
new in 2025: €473
- Tangible fixed assets -€457
down €457 (-33.3%), from €1,372 to €915
- Profit (loss) carried forward -€4,960
down €4,960 (-52.5%), from -€9,455 to -€14,415
- Trade debts +€595
up €595, from €0 to €595
- Gross operating margin -€9,340
down €9,340, from €6,136 to -€3,204
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 | €10,231 | €5,866 | -€4,365 | -42.7% |
| Fixed assets | 21/28 | €1,372 | €915 | -€457 | -33.3% |
| Tangible fixed assets | 22/27 | €1,372 | €915 | -€457 | -33.3% |
| Furniture and vehicles | 24 | €1,372 | €915 | -€457 | -33.3% |
| Current assets | 29/58 | €8,859 | €4,951 | -€3,908 | -44.1% |
| Stocks and contracts in progress | 3 | €324 | €852 | +€528 | +162.9% |
| Stocks | 30/36 | €324 | €852 | +€528 | +162.9% |
| Amounts receivable within one year | 40/41 | €6,785 | €1,811 | -€4,974 | -73.3% |
| Trade receivables | 40 | €4,964 | €142 | -€4,822 | -97.1% |
| Other amounts receivable | 41 | €1,821 | €1,669 | -€152 | -8.3% |
| Cash at bank and in hand | 54/58 | €1,750 | €1,815 | +€65 | +3.7% |
| Deferred charges and accrued income | 490/1 | - | €473 | +€473 | |
| Total equity and liabilities | 10/49 | €10,231 | €5,866 | -€4,365 | -42.7% |
| Equity | 10/15 | €4,688 | -€273 | -€4,960 | |
| Contributions | 10/11 | €14,143 | €14,143 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,455 | -€14,415 | -€4,960 | -52.5% |
| Amounts payable | 17/49 | €5,544 | €6,139 | +€595 | +10.7% |
| Amounts payable within one year | 42/48 | €5,544 | €6,139 | +€595 | +10.7% |
| Trade debts | 44 | €0 | €595 | +€595 | |
| Suppliers | 440/4 | €0 | €595 | +€595 | |
| Other amounts payable | 47/48 | €5,544 | €5,544 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €457 | €457 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,072 | €1,119 | +€46 | +4.3% |
| Gross operating margin | 9900 | €6,136 | -€3,204 | -€9,340 | |
| Operating profit (loss) | 9901 | €4,607 | -€4,780 | -€9,387 | |
| Financial charges | 65/66B | €163 | €180 | +€17 | +10.4% |
| Recurring financial charges | 65 | €163 | €180 | +€17 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €4,443 | -€4,960 | -€9,404 | |
| Profit (loss) for the period | 9904 | €4,443 | -€4,960 | -€9,404 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,443 | -€4,960 | -€9,404 |
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.