FEELING AREA: 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.
FEELING AREA
Largest movements
- Cash -€5,710
down €5,710 (-82.0%), from €6,966 to €1,256
mainly Debts after one year (-€32,421) and Net result for the year (-€6,402)
- Debts after one year -€32,421
down €32,421 (-21.2%), from €152,902 to €120,481
- Other debts +€18,615
up €18,615 (+11.0%), from €168,464 to €187,079
- Current portion of long-term debt +€11,821
up €11,821 (+37.4%), from €31,597 to €43,418
- Profit (loss) carried forward -€6,402
down €6,402 (-6.3%), from -€101,547 to -€107,949
- Gross operating margin -€77,236
down €77,236 (-98.3%), from €78,600 to €1,364
- Financial charges -€2,618
down €2,618 (-27.9%), from €9,391 to €6,773
- Other operating charges -€1,264
down €1,264 (-100.0%), from €1,264 to €0
- Depreciation +€788
up €788 (+375.7%), from €210 to €998
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 | €402,991 | €396,743 | -€6,248 | -1.6% |
| Fixed assets | 21/28 | €368,165 | €367,166 | -€998 | -0.3% |
| Tangible fixed assets | 22/27 | €18,165 | €17,166 | -€998 | -5.5% |
| Land and buildings | 22 | €17,085 | €16,380 | -€704 | -4.1% |
| Plant, machinery and equipment | 23 | €1,080 | €786 | -€294 | -27.2% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €34,826 | €29,577 | -€5,250 | -15.1% |
| Amounts receivable within one year | 40/41 | €27,860 | €28,321 | +€461 | +1.7% |
| Trade receivables | 40 | €25,000 | €26,674 | +€1,674 | +6.7% |
| Other amounts receivable | 41 | €2,860 | €1,647 | -€1,214 | -42.4% |
| Cash at bank and in hand | 54/58 | €6,966 | €1,256 | -€5,710 | -82.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €402,991 | €396,743 | -€6,248 | -1.6% |
| Equity | 10/15 | €48,453 | €42,051 | -€6,402 | -13.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,547 | -€107,949 | -€6,402 | -6.3% |
| Amounts payable | 17/49 | €354,538 | €354,692 | +€155 | 0.0% |
| Amounts payable after more than one year | 17 | €152,902 | €120,481 | -€32,421 | -21.2% |
| Financial debts | 170/4 | €152,902 | €120,481 | -€32,421 | -21.2% |
| Amounts payable within one year | 42/48 | €201,636 | €234,211 | +€32,575 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €31,597 | €43,418 | +€11,821 | +37.4% |
| Trade debts | 44 | €1,574 | €1,789 | +€215 | +13.7% |
| Suppliers | 440/4 | €1,574 | €1,789 | +€215 | +13.7% |
| Advances received on contracts in progress | 46 | - | €1,925 | +€1,925 | |
| Other amounts payable | 47/48 | €168,464 | €187,079 | +€18,615 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210 | €998 | +€788 | +375.7% |
| Other operating charges | 640/8 | €1,264 | €0 | -€1,264 | -100.0% |
| Gross operating margin | 9900 | €78,600 | €1,364 | -€77,236 | -98.3% |
| Operating profit (loss) | 9901 | €77,126 | €366 | -€76,760 | -99.5% |
| Financial income | 75/76B | €0 | €4 | +€4 | |
| Recurring financial income | 75 | €0 | €4 | +€4 | |
| Financial charges | 65/66B | €9,391 | €6,773 | -€2,618 | -27.9% |
| Recurring financial charges | 65 | €9,391 | €6,773 | -€2,618 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €67,736 | -€6,402 | -€74,138 | |
| Profit (loss) for the period | 9904 | €67,736 | -€6,402 | -€74,138 | |
| Profit (loss) for the period to be appropriated | 9905 | €67,736 | -€6,402 | -€74,138 |
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 4 October 2026 via checked.be.