FOKUS VISUALS: 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.
FOKUS VISUALS
Largest movements
- Receivables within one year -€4,671
down €4,671 (-90.6%), from €5,156 to €485
of which Other amounts receivable: -€4,071
- Cash -€2,889
down €2,889 (-9.2%), from €31,371 to €28,481
mainly Trade debts (-€6,905) and Investment in fixed assets (net) (-€3,896)
- Deferred charges and accrued income +€753
up €753 (+88.3%), from €852 to €1,605
- Tangible fixed assets +€732
up €732 (+7.1%), from €10,321 to €11,053
of which Furniture and vehicles: +€997
- Trade debts -€6,905
down €6,905 (-85.4%), from €8,084 to €1,179
- Reserves +€846
up €846 (+3.2%), from €26,751 to €27,598
- Gross operating margin -€18,243
down €18,243 (-78.1%), from €23,346 to €5,103
- Taxes -€5,224
down €5,224 (-92.1%), from €5,673 to €450
- Depreciation +€1,581
up €1,581 (+99.8%), from €1,584 to €3,164
- Other operating charges -€248
down €248 (-32.1%), from €772 to €525
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 | €47,700 | €41,624 | -€6,075 | -12.7% |
| Fixed assets | 21/28 | €10,321 | €11,053 | +€732 | +7.1% |
| Tangible fixed assets | 22/27 | €10,321 | €11,053 | +€732 | +7.1% |
| Plant, machinery and equipment | 23 | €10,321 | €10,056 | -€265 | -2.6% |
| Furniture and vehicles | 24 | - | €997 | +€997 | |
| Current assets | 29/58 | €37,379 | €30,571 | -€6,807 | -18.2% |
| Amounts receivable within one year | 40/41 | €5,156 | €485 | -€4,671 | -90.6% |
| Trade receivables | 40 | €600 | - | -€600 | |
| Other amounts receivable | 41 | €4,556 | €485 | -€4,071 | -89.4% |
| Cash at bank and in hand | 54/58 | €31,371 | €28,481 | -€2,889 | -9.2% |
| Deferred charges and accrued income | 490/1 | €852 | €1,605 | +€753 | +88.3% |
| Total equity and liabilities | 10/49 | €47,700 | €41,624 | -€6,075 | -12.7% |
| Equity | 10/15 | €31,751 | €32,598 | +€846 | +2.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,751 | €27,598 | +€846 | +3.2% |
| Distributable reserves | 133 | €26,751 | €27,598 | +€846 | +3.2% |
| Amounts payable | 17/49 | €15,948 | €9,027 | -€6,922 | -43.4% |
| Amounts payable after more than one year | 17 | €7,200 | €7,200 | = | 0.0% |
| Financial debts | 170/4 | €7,200 | €7,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,748 | €1,827 | -€6,922 | -79.1% |
| Financial debts | 43 | €664 | €198 | -€466 | -70.2% |
| Credit institutions | 430/8 | €664 | €198 | -€466 | -70.2% |
| Trade debts | 44 | €8,084 | €1,179 | -€6,905 | -85.4% |
| Suppliers | 440/4 | €8,084 | €1,179 | -€6,905 | -85.4% |
| Taxes, remuneration and social security | 45 | - | €450 | +€450 | |
| Taxes | 450/3 | - | €450 | +€450 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,584 | €3,164 | +€1,581 | +99.8% |
| Other operating charges | 640/8 | €772 | €525 | -€248 | -32.1% |
| Gross operating margin | 9900 | €23,346 | €5,103 | -€18,243 | -78.1% |
| Operating profit (loss) | 9901 | €20,990 | €1,414 | -€19,576 | -93.3% |
| Financial income | 75/76B | €20 | €0 | -€20 | -99.8% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -99.8% |
| Financial charges | 65/66B | €191 | €118 | -€72 | -37.9% |
| Recurring financial charges | 65 | €191 | €118 | -€72 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €20,819 | €1,296 | -€19,523 | -93.8% |
| Income taxes | 67/77 | €5,673 | €450 | -€5,224 | -92.1% |
| Profit (loss) for the period | 9904 | €15,146 | €846 | -€14,300 | -94.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,146 | €846 | -€14,300 | -94.4% |
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.