FILING: 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.
FILING
Largest movements
- Tangible fixed assets -€978
down €978 (-3.4%), from €28,837 to €27,860
of which Plant, machinery and equipment: -€534
- Other debts +€65,562
up €65,562 (+820%), from €8,000 to €73,562
- Trade debts -€38,543
down €38,543 (-94.2%), from €40,930 to €2,387
- Accrued charges and deferred income -€12,858
no longer reported in 2025 (was €12,858)
- Current portion of long-term debt -€11,134
no longer reported in 2025 (was €11,134)
- Profit (loss) carried forward -€4,379
down €4,379 (-9.1%), from -€48,159 to -€52,539
- Gross operating margin +€1,330
up €1,330, from -€282 to €1,048
- Other operating charges +€514
up €514 (+13.2%), from €3,896 to €4,410
- Depreciation +€433
up €433 (+79.4%), from €545 to €978
- Financial charges -€151
down €151 (-66.2%), from €229 to €77
- Financial income -€41
down €41 (-52.2%), from €79 to €38
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 | €50,791 | €49,809 | -€982 | -1.9% |
| Fixed assets | 21/28 | €28,837 | €27,860 | -€978 | -3.4% |
| Tangible fixed assets | 22/27 | €28,837 | €27,860 | -€978 | -3.4% |
| Land and buildings | 22 | €26,269 | €25,825 | -€444 | -1.7% |
| Plant, machinery and equipment | 23 | €2,568 | €2,034 | -€534 | -20.8% |
| Current assets | 29/58 | €21,953 | €21,950 | -€4 | 0.0% |
| Stocks and contracts in progress | 3 | €7,248 | €7,536 | +€287 | +4.0% |
| Stocks | 30/36 | €7,248 | €7,536 | +€287 | +4.0% |
| Amounts receivable within one year | 40/41 | €2,984 | €3,141 | +€158 | +5.3% |
| Trade receivables | 40 | €2,904 | €3,075 | +€171 | +5.9% |
| Other amounts receivable | 41 | €80 | €67 | -€14 | -16.9% |
| Cash at bank and in hand | 54/58 | €11,715 | €11,267 | -€448 | -3.8% |
| Deferred charges and accrued income | 490/1 | €6 | €6 | = | 0.0% |
| Total equity and liabilities | 10/49 | €50,791 | €49,809 | -€982 | -1.9% |
| Equity | 10/15 | -€25,783 | -€30,163 | -€4,379 | -17.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,784 | €3,784 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,925 | €1,925 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,159 | -€52,539 | -€4,379 | -9.1% |
| Amounts payable | 17/49 | €76,574 | €79,972 | +€3,398 | +4.4% |
| Amounts payable within one year | 42/48 | €63,716 | €79,972 | +€16,256 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €11,134 | - | -€11,134 | |
| Trade debts | 44 | €40,930 | €2,387 | -€38,543 | -94.2% |
| Suppliers | 440/4 | €40,930 | €2,387 | -€38,543 | -94.2% |
| Taxes, remuneration and social security | 45 | €3,651 | €4,023 | +€372 | +10.2% |
| Taxes | 450/3 | €3,651 | €4,023 | +€372 | +10.2% |
| Other amounts payable | 47/48 | €8,000 | €73,562 | +€65,562 | +820% |
| Accrued charges and deferred income | 492/3 | €12,858 | - | -€12,858 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €545 | €978 | +€433 | +79.4% |
| Other operating charges | 640/8 | €3,896 | €4,410 | +€514 | +13.2% |
| Gross operating margin | 9900 | -€282 | €1,048 | +€1,330 | |
| Operating profit (loss) | 9901 | -€4,724 | -€4,340 | +€384 | +8.1% |
| Financial income | 75/76B | €79 | €38 | -€41 | -52.2% |
| Recurring financial income | 75 | €79 | €38 | -€41 | -52.2% |
| Financial charges | 65/66B | €229 | €77 | -€151 | -66.2% |
| Recurring financial charges | 65 | €229 | €77 | -€151 | -66.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,874 | -€4,379 | +€494 | +10.1% |
| Profit (loss) for the period | 9904 | -€4,874 | -€4,379 | +€494 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,874 | -€4,379 | +€494 | +10.1% |
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 15 October 2026 via checked.be.