FISHING FOR COMPLIMENTS: 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.
FISHING FOR COMPLIMENTS
Largest movements
- Cash -€14,265
down €14,265 (-70.3%), from €20,298 to €6,033
mainly Receivables within one year (-€5,737) and Trade debts (-€5,099)
- Receivables within one year +€5,737
up €5,737 (+22.4%), from €25,617 to €31,354
of which Other amounts receivable: +€11,806
- Tangible fixed assets -€846
down €846 (-72.1%), from €1,174 to €328
of which Furniture and vehicles: -€423
- Trade debts -€5,099
down €5,099 (-98.0%), from €5,201 to €102
- Accrued charges and deferred income -€3,000
no longer reported in 2025 (was €3,000)
- Gross operating margin -€7,914
down €7,914 (-88.4%), from €8,951 to €1,037
- Other operating charges -€2,379
down €2,379 (-97.4%), from €2,443 to €64
- Taxes -€440
down €440 (-57.1%), from €771 to €331
- Depreciation -€171
down €171 (-16.8%), from €1,017 to €846
- Financial charges +€155
up €155 (+84.7%), from €183 to €338
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 | €77,189 | €67,815 | -€9,374 | -12.1% |
| Fixed assets | 21/28 | €1,274 | €428 | -€846 | -66.4% |
| Tangible fixed assets | 22/27 | €1,174 | €328 | -€846 | -72.1% |
| Furniture and vehicles | 24 | €729 | €306 | -€423 | -58.0% |
| Other tangible fixed assets | 26 | €445 | €22 | -€423 | -95.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €75,915 | €67,387 | -€8,528 | -11.2% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,617 | €31,354 | +€5,737 | +22.4% |
| Trade receivables | 40 | €6,446 | €377 | -€6,069 | -94.2% |
| Other amounts receivable | 41 | €19,171 | €30,977 | +€11,806 | +61.6% |
| Cash at bank and in hand | 54/58 | €20,298 | €6,033 | -€14,265 | -70.3% |
| Total equity and liabilities | 10/49 | €77,189 | €67,815 | -€9,374 | -12.1% |
| Equity | 10/15 | €67,176 | €66,635 | -€541 | -0.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €60,906 | €60,906 | = | 0.0% |
| Distributable reserves | 133 | €60,906 | €60,906 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70 | -€471 | -€541 | |
| Amounts payable | 17/49 | €10,013 | €1,180 | -€8,833 | -88.2% |
| Amounts payable within one year | 42/48 | €7,013 | €1,180 | -€5,833 | -83.2% |
| Trade debts | 44 | €5,201 | €102 | -€5,099 | -98.0% |
| Suppliers | 440/4 | €5,201 | €102 | -€5,099 | -98.0% |
| Taxes, remuneration and social security | 45 | €1,812 | €1,078 | -€734 | -40.5% |
| Taxes | 450/3 | €1,812 | €1,078 | -€734 | -40.5% |
| Accrued charges and deferred income | 492/3 | €3,000 | - | -€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,017 | €846 | -€171 | -16.8% |
| Other operating charges | 640/8 | €2,443 | €64 | -€2,379 | -97.4% |
| Gross operating margin | 9900 | €8,951 | €1,037 | -€7,914 | -88.4% |
| Operating profit (loss) | 9901 | €5,491 | €127 | -€5,364 | -97.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €183 | €338 | +€155 | +84.7% |
| Recurring financial charges | 65 | €183 | €338 | +€155 | +84.7% |
| Profit (loss) for the period before taxes | 9903 | €5,308 | -€210 | -€5,518 | |
| Income taxes | 67/77 | €771 | €331 | -€440 | -57.1% |
| Profit (loss) for the period | 9904 | €4,537 | -€541 | -€5,078 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,537 | -€541 | -€5,078 |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.