FINANCE AND SERVICES: 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.
FINANCE AND SERVICES
Largest movements
- Tangible fixed assets -€6,609
no longer reported in 2025 (was €6,609)
of which Other tangible fixed assets: -€5,730
- Intangible fixed assets -€274
no longer reported in 2025 (was €274)
- Profit (loss) carried forward -€7,273
down €7,273 (-7.3%), from -€99,151 to -€106,424
- Other debts +€377
up €377 (+0.7%), from €51,713 to €52,089
- Gross operating margin +€9,088
up €9,088, from -€7,849 to €1,239
- Depreciation +€6,883
new in 2025: €6,883
- Financial charges +€132
up €132 (+8.8%), from €1,498 to €1,630
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 | €8,022 | €1,126 | -€6,896 | -86.0% |
| Fixed assets | 21/28 | €6,943 | €60 | -€6,883 | -99.1% |
| Intangible fixed assets | 21 | €274 | - | -€274 | |
| Tangible fixed assets | 22/27 | €6,609 | - | -€6,609 | |
| Furniture and vehicles | 24 | €879 | - | -€879 | |
| Other tangible fixed assets | 26 | €5,730 | - | -€5,730 | |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €1,079 | €1,065 | -€13 | -1.2% |
| Amounts receivable within one year | 40/41 | €964 | €964 | = | 0.0% |
| Other amounts receivable | 41 | €964 | €964 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €115 | €101 | -€13 | -11.7% |
| Total equity and liabilities | 10/49 | €8,022 | €1,126 | -€6,896 | -86.0% |
| Equity | 10/15 | -€68,691 | -€75,964 | -€7,273 | -10.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,151 | -€106,424 | -€7,273 | -7.3% |
| Amounts payable | 17/49 | €76,713 | €77,089 | +€377 | +0.5% |
| Amounts payable after more than one year | 17 | €25,000 | €25,000 | = | 0.0% |
| Financial debts | 170/4 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €51,713 | €52,089 | +€377 | +0.7% |
| Other amounts payable | 47/48 | €51,713 | €52,089 | +€377 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,883 | +€6,883 | |
| Gross operating margin | 9900 | -€7,849 | €1,239 | +€9,088 | |
| Operating profit (loss) | 9901 | -€7,849 | -€5,644 | +€2,205 | +28.1% |
| Financial charges | 65/66B | €1,498 | €1,630 | +€132 | +8.8% |
| Recurring financial charges | 65 | €1,498 | €1,630 | +€132 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,346 | -€7,273 | +€2,073 | +22.2% |
| Profit (loss) for the period | 9904 | -€9,346 | -€7,273 | +€2,073 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,346 | -€7,273 | +€2,073 | +22.2% |
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 18 October 2026 via checked.be.