FATALEXCEPTION: 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.
FATALEXCEPTION
Largest movements
- Receivables within one year +€37,673
up €37,673 (+25.9%), from €145,372 to €183,045
of which Trade receivables: +€39,151
- Cash +€26,729
up €26,729 (+60.7%), from €44,032 to €70,762
mainly Net result for the year (+€50,297) and Other debts (+€30,000)
- Deferred charges and accrued income -€12,135
down €12,135 (-100%), from €12,135 to €0
- Tangible fixed assets -€10,235
down €10,235 (-32.3%), from €31,699 to €21,464
of which Furniture and vehicles: -€9,805
- Other debts +€30,000
up €30,000 (+150%), from €20,000 to €50,000
- Trade debts +€18,310
up €18,310 (+22.4%), from €81,720 to €100,030
- Debts after one year -€9,299
down €9,299 (-53.5%), from €17,372 to €8,073
- Staff costs -€85,225
down €85,225 (-17.7%), from €480,985 to €395,760
- Gross operating margin -€55,038
down €55,038 (-10.4%), from €529,794 to €474,756
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.
Derived cash bridge
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 | €233,278 | €275,310 | +€42,032 | +18.0% |
| Fixed assets | 21/28 | €31,739 | €21,504 | -€10,235 | -32.2% |
| Tangible fixed assets | 22/27 | €31,699 | €21,464 | -€10,235 | -32.3% |
| Furniture and vehicles | 24 | €29,705 | €19,900 | -€9,805 | -33.0% |
| Other tangible fixed assets | 26 | €1,994 | €1,564 | -€430 | -21.6% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €201,539 | €253,806 | +€52,267 | +25.9% |
| Amounts receivable within one year | 40/41 | €145,372 | €183,045 | +€37,673 | +25.9% |
| Trade receivables | 40 | €142,422 | €181,574 | +€39,151 | +27.5% |
| Other amounts receivable | 41 | €2,950 | €1,471 | -€1,479 | -50.1% |
| Cash at bank and in hand | 54/58 | €44,032 | €70,762 | +€26,729 | +60.7% |
| Deferred charges and accrued income | 490/1 | €12,135 | €0 | -€12,135 | -100% |
| Total equity and liabilities | 10/49 | €233,278 | €275,310 | +€42,032 | +18.0% |
| Equity | 10/15 | €37,535 | €37,832 | +€297 | +0.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €25,135 | €25,432 | +€297 | +1.2% |
| Distributable reserves | 133 | €25,135 | €25,432 | +€297 | +1.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €195,743 | €237,479 | +€41,735 | +21.3% |
| Amounts payable after more than one year | 17 | €17,372 | €8,073 | -€9,299 | -53.5% |
| Financial debts | 170/4 | €17,372 | €8,073 | -€9,299 | -53.5% |
| Amounts payable within one year | 42/48 | €178,371 | €229,406 | +€51,034 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €8,892 | €9,299 | +€407 | +4.6% |
| Financial debts | 43 | - | €135 | +€135 | |
| Credit institutions | 430/8 | - | €135 | +€135 | |
| Trade debts | 44 | €81,720 | €100,030 | +€18,310 | +22.4% |
| Suppliers | 440/4 | €81,720 | €100,030 | +€18,310 | +22.4% |
| Taxes, remuneration and social security | 45 | €67,759 | €69,941 | +€2,182 | +3.2% |
| Taxes | 450/3 | €25,008 | €26,137 | +€1,129 | +4.5% |
| Remuneration and social security | 454/9 | €42,751 | €43,804 | +€1,053 | +2.5% |
| Other amounts payable | 47/48 | €20,000 | €50,000 | +€30,000 | +150% |
| Remuneration, social security and pensions | 62 | €480,985 | €395,760 | -€85,225 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,912 | €11,391 | +€479 | +4.4% |
| Other operating charges | 640/8 | €1,128 | €652 | -€476 | -42.2% |
| Gross operating margin | 9900 | €529,794 | €474,756 | -€55,038 | -10.4% |
| Operating profit (loss) | 9901 | €36,769 | €66,953 | +€30,184 | +82.1% |
| Financial income | 75/76B | €38 | €0 | -€38 | -99.9% |
| Recurring financial income | 75 | €38 | €0 | -€38 | -99.9% |
| Financial charges | 65/66B | €8,966 | €9,172 | +€207 | +2.3% |
| Recurring financial charges | 65 | €8,966 | €9,172 | +€207 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €27,841 | €57,781 | +€29,939 | +108% |
| Income taxes | 67/77 | €7,740 | €7,484 | -€256 | -3.3% |
| Profit (loss) for the period | 9904 | €20,101 | €50,297 | +€30,196 | +150% |
| Profit (loss) for the period to be appropriated | 9905 | €20,101 | €50,297 | +€30,196 | +150% |
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 13 October 2026 via checked.be.