Finances & Gestion: 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.
Finances & Gestion
Largest movements
- Cash -€34,626
down €34,626 (-26.8%), from €128,970 to €94,344
mainly Net result for the year (-€20,431) and Trade debts (-€13,500)
- Tangible fixed assets -€2,450
down €2,450 (-56.7%), from €4,322 to €1,872
of which Furniture and vehicles: -€1,764
- Profit (loss) carried forward -€20,431
down €20,431 (-27.9%), from €73,296 to €52,865
- Trade debts -€13,500
down €13,500 (-83.2%), from €16,220 to €2,720
- Gross operating margin -€18,961
down €18,961, from €716 to -€18,245
- Other operating charges -€7,805
down €7,805 (-93.7%), from €8,334 to €528
- Depreciation -€4,993
down €4,993 (-67.1%), from €7,443 to €2,450
- Financial income +€821
up €821 (+528%), from €156 to €976
- Taxes -€326
no longer reported in 2025 (was €326)
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 | €153,388 | €117,491 | -€35,896 | -23.4% |
| Fixed assets | 21/28 | €8,822 | €6,372 | -€2,450 | -27.8% |
| Tangible fixed assets | 22/27 | €4,322 | €1,872 | -€2,450 | -56.7% |
| Furniture and vehicles | 24 | €2,744 | €980 | -€1,764 | -64.3% |
| Other tangible fixed assets | 26 | €1,578 | €892 | -€686 | -43.5% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €144,566 | €111,119 | -€33,447 | -23.1% |
| Amounts receivable within one year | 40/41 | €552 | €1,188 | +€636 | +115% |
| Other amounts receivable | 41 | €552 | €1,188 | +€636 | +115% |
| Current investments | 50/53 | €14,927 | €14,927 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €128,970 | €94,344 | -€34,626 | -26.8% |
| Deferred charges and accrued income | 490/1 | €117 | €659 | +€543 | +466% |
| Total equity and liabilities | 10/49 | €153,388 | €117,491 | -€35,896 | -23.4% |
| Equity | 10/15 | €133,996 | €113,565 | -€20,431 | -15.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €48,300 | €48,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €46,440 | €46,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,296 | €52,865 | -€20,431 | -27.9% |
| Amounts payable | 17/49 | €19,392 | €3,926 | -€15,466 | -79.8% |
| Amounts payable within one year | 42/48 | €19,392 | €3,926 | -€15,466 | -79.8% |
| Trade debts | 44 | €16,220 | €2,720 | -€13,500 | -83.2% |
| Suppliers | 440/4 | €16,220 | €2,720 | -€13,500 | -83.2% |
| Taxes, remuneration and social security | 45 | €913 | - | -€913 | |
| Taxes | 450/3 | €913 | - | -€913 | |
| Other amounts payable | 47/48 | €2,259 | €1,206 | -€1,053 | -46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,443 | €2,450 | -€4,993 | -67.1% |
| Other operating charges | 640/8 | €8,334 | €528 | -€7,805 | -93.7% |
| Gross operating margin | 9900 | €716 | -€18,245 | -€18,961 | |
| Operating profit (loss) | 9901 | -€15,061 | -€21,223 | -€6,162 | -40.9% |
| Financial income | 75/76B | €156 | €976 | +€821 | +528% |
| Recurring financial income | 75 | €156 | €976 | +€821 | +528% |
| Financial charges | 65/66B | €190 | €184 | -€6 | -3.2% |
| Recurring financial charges | 65 | €190 | €184 | -€6 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€15,095 | -€20,431 | -€5,335 | -35.3% |
| Income taxes | 67/77 | €326 | - | -€326 | |
| Profit (loss) for the period | 9904 | -€15,421 | -€20,431 | -€5,009 | -32.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,421 | -€20,431 | -€5,009 | -32.5% |
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.