FLASH CAPSULES BE: 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.
FLASH CAPSULES BE
Largest movements
- Receivables within one year -€1,855
down €1,855 (-9.1%), from €20,492 to €18,636
of which Trade receivables: -€1,298
- Stocks and contracts -€1,761
no longer reported in 2025 (was €1,761)
- Cash -€1,539
down €1,539 (-87.2%), from €1,765 to €226
mainly Net result for the year (-€45,717) and Trade debts (-€10,251)
- Tangible fixed assets -€1,394
down €1,394 (-26.3%), from €5,300 to €3,906
of which Other tangible fixed assets: -€763
- Other debts +€49,754
up €49,754 (+91.6%), from €54,344 to €104,099
- Profit (loss) carried forward -€45,717
down €45,717 (-50.0%), from -€91,408 to -€137,125
- Trade debts -€10,251
down €10,251 (-50.4%), from €20,331 to €10,081
- Staff costs -€26,719
down €26,719 (-48.8%), from €54,777 to €28,058
- Gross operating margin +€14,907
up €14,907 (+49.4%), from -€30,182 to -€15,275
- Other operating charges -€3,037
down €3,037 (-91.5%), from €3,320 to €282
- Financial charges -€680
down €680 (-48.9%), from €1,389 to €709
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 | €30,400 | €23,895 | -€6,505 | -21.4% |
| Fixed assets | 21/28 | €5,300 | €3,906 | -€1,394 | -26.3% |
| Tangible fixed assets | 22/27 | €5,300 | €3,906 | -€1,394 | -26.3% |
| Furniture and vehicles | 24 | €2,371 | €1,740 | -€632 | -26.6% |
| Other tangible fixed assets | 26 | €2,928 | €2,166 | -€763 | -26.0% |
| Current assets | 29/58 | €25,100 | €19,990 | -€5,110 | -20.4% |
| Stocks and contracts in progress | 3 | €1,761 | - | -€1,761 | |
| Stocks | 30/36 | €1,761 | - | -€1,761 | |
| Amounts receivable within one year | 40/41 | €20,492 | €18,636 | -€1,855 | -9.1% |
| Trade receivables | 40 | €19,898 | €18,600 | -€1,298 | -6.5% |
| Other amounts receivable | 41 | €594 | €36 | -€558 | -93.9% |
| Cash at bank and in hand | 54/58 | €1,765 | €226 | -€1,539 | -87.2% |
| Deferred charges and accrued income | 490/1 | €1,083 | €1,128 | +€45 | +4.1% |
| Total equity and liabilities | 10/49 | €30,400 | €23,895 | -€6,505 | -21.4% |
| Equity | 10/15 | -€51,408 | -€97,125 | -€45,717 | -88.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,408 | -€137,125 | -€45,717 | -50.0% |
| Amounts payable | 17/49 | €81,808 | €121,020 | +€39,212 | +47.9% |
| Amounts payable within one year | 42/48 | €81,808 | €121,020 | +€39,212 | +47.9% |
| Trade debts | 44 | €20,331 | €10,081 | -€10,251 | -50.4% |
| Suppliers | 440/4 | €20,331 | €10,081 | -€10,251 | -50.4% |
| Taxes, remuneration and social security | 45 | €7,132 | €6,841 | -€291 | -4.1% |
| Taxes | 450/3 | €286 | €214 | -€72 | -25.1% |
| Remuneration and social security | 454/9 | €6,846 | €6,627 | -€219 | -3.2% |
| Other amounts payable | 47/48 | €54,344 | €104,099 | +€49,754 | +91.6% |
| Remuneration, social security and pensions | 62 | €54,777 | €28,058 | -€26,719 | -48.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,671 | €1,394 | -€277 | -16.6% |
| Other operating charges | 640/8 | €3,320 | €282 | -€3,037 | -91.5% |
| Non-recurring operating charges | 66A | €121 | - | -€121 | |
| Gross operating margin | 9900 | -€30,182 | -€15,275 | +€14,907 | +49.4% |
| Operating profit (loss) | 9901 | -€90,071 | -€45,009 | +€45,061 | +50.0% |
| Financial income | 75/76B | €52 | €2 | -€50 | -96.7% |
| Recurring financial income | 75 | €52 | €2 | -€50 | -96.7% |
| Financial charges | 65/66B | €1,389 | €709 | -€680 | -48.9% |
| Recurring financial charges | 65 | €1,389 | €709 | -€680 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | -€91,408 | -€45,717 | +€45,691 | +50.0% |
| Profit (loss) for the period | 9904 | -€91,408 | -€45,717 | +€45,691 | +50.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€91,408 | -€45,717 | +€45,691 | +50.0% |
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 30 September 2026 via checked.be.