FALSID: 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.
FALSID
Largest movements
- Cash -€20,669
down €20,669 (-81.4%), from €25,400 to €4,732
mainly Net result for the year (-€14,389) and Receivables within one year (-€7,655)
- Receivables within one year +€7,655
up €7,655 (+112.1%), from €6,828 to €14,483
of which Trade receivables: +€8,289
- Tangible fixed assets -€1,250
down €1,250 (-15.5%), from €8,042 to €6,792
of which Furniture and vehicles: -€1,125
- Stocks and contracts +€479
up €479 (+20.1%), from €2,387 to €2,867
- Profit (loss) carried forward -€14,389
down €14,389 (-4587.3%), from -€314 to -€14,703
- Other debts -€6,080
no longer reported in 2025 (was €6,080)
- Trade debts +€5,756
up €5,756 (+82.7%), from €6,960 to €12,716
- Tax, wage and social debts +€639
up €639 (+19.4%), from €3,288 to €3,928
of which Taxes: +€783
- Gross operating margin -€12,238
down €12,238 (-79.6%), from €15,369 to €3,131
- Financial charges +€2,565
up €2,565 (+321.4%), from €798 to €3,364
- Staff costs -€646
down €646 (-5.2%), from €12,422 to €11,776
- Taxes -€432
no longer reported in 2025 (was €432)
- Depreciation +€409
up €409 (+22.1%), from €1,857 to €2,266
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 | €43,359 | €29,285 | -€14,074 | -32.5% |
| Fixed assets | 21/28 | €8,042 | €6,792 | -€1,250 | -15.5% |
| Tangible fixed assets | 22/27 | €8,042 | €6,792 | -€1,250 | -15.5% |
| Land and buildings | 22 | €3,346 | €3,007 | -€339 | -10.1% |
| Plant, machinery and equipment | 23 | €1,593 | €1,807 | +€214 | +13.5% |
| Furniture and vehicles | 24 | €3,103 | €1,978 | -€1,125 | -36.3% |
| Current assets | 29/58 | €35,317 | €22,493 | -€12,824 | -36.3% |
| Stocks and contracts in progress | 3 | €2,387 | €2,867 | +€479 | +20.1% |
| Stocks | 30/36 | €2,387 | €2,867 | +€479 | +20.1% |
| Amounts receivable within one year | 40/41 | €6,828 | €14,483 | +€7,655 | +112.1% |
| Trade receivables | 40 | €5,884 | €14,174 | +€8,289 | +140.9% |
| Other amounts receivable | 41 | €944 | €309 | -€635 | -67.2% |
| Cash at bank and in hand | 54/58 | €25,400 | €4,732 | -€20,669 | -81.4% |
| Deferred charges and accrued income | 490/1 | €701 | €412 | -€290 | -41.3% |
| Total equity and liabilities | 10/49 | €43,359 | €29,285 | -€14,074 | -32.5% |
| Equity | 10/15 | €27,031 | €12,642 | -€14,389 | -53.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,144 | €21,144 | = | 0.0% |
| Non-distributable reserves | 130/1 | €521 | €521 | = | 0.0% |
| Reserves not available under the articles | 1311 | €521 | €521 | = | 0.0% |
| Distributable reserves | 133 | €20,624 | €20,624 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€314 | -€14,703 | -€14,389 | -4587.3% |
| Amounts payable | 17/49 | €16,328 | €16,643 | +€315 | +1.9% |
| Amounts payable within one year | 42/48 | €16,328 | €16,643 | +€315 | +1.9% |
| Trade debts | 44 | €6,960 | €12,716 | +€5,756 | +82.7% |
| Suppliers | 440/4 | €6,960 | €12,716 | +€5,756 | +82.7% |
| Taxes, remuneration and social security | 45 | €3,288 | €3,928 | +€639 | +19.4% |
| Taxes | 450/3 | €1,547 | €2,330 | +€783 | +50.6% |
| Remuneration and social security | 454/9 | €1,742 | €1,598 | -€144 | -8.3% |
| Other amounts payable | 47/48 | €6,080 | - | -€6,080 | |
| Remuneration, social security and pensions | 62 | €12,422 | €11,776 | -€646 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,857 | €2,266 | +€409 | +22.1% |
| Other operating charges | 640/8 | €216 | €115 | -€101 | -46.8% |
| Gross operating margin | 9900 | €15,369 | €3,131 | -€12,238 | -79.6% |
| Operating profit (loss) | 9901 | €874 | -€11,026 | -€11,900 | |
| Financial income | 75/76B | €42 | €0 | -€42 | -99.9% |
| Recurring financial income | 75 | €42 | €0 | -€42 | -99.9% |
| Financial charges | 65/66B | €798 | €3,364 | +€2,565 | +321.4% |
| Recurring financial charges | 65 | €798 | €3,364 | +€2,565 | +321.4% |
| Profit (loss) for the period before taxes | 9903 | €118 | -€14,389 | -€14,507 | |
| Income taxes | 67/77 | €432 | - | -€432 | |
| Profit (loss) for the period | 9904 | -€314 | -€14,389 | -€14,075 | -4487.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€314 | -€14,389 | -€14,075 | -4487.3% |
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 12 October 2026 via checked.be.