FRAME 13: 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.
FRAME 13
Largest movements
- Receivables within one year -€25,915
down €25,915 (-100%), from €25,915 to €0
- Cash +€20,130
up €20,130 (+666%), from €3,023 to €23,153
mainly Receivables within one year (+€25,915) and Depreciation (+€15,386)
- Tangible fixed assets -€15,386
down €15,386 (-37.7%), from €40,807 to €25,420
of which Furniture and vehicles: -€11,825
- Debts after one year -€11,110
down €11,110 (-51.1%), from €21,729 to €10,620
- Trade debts -€5,676
down €5,676 (-92.7%), from €6,124 to €448
- Tax, wage and social debts -€4,129
down €4,129 (-57.5%), from €7,183 to €3,054
- Profit (loss) carried forward -€1,547
down €1,547 (-7.6%), from €20,375 to €18,828
- Current portion of long-term debt +€1,451
up €1,451 (+16.5%), from €8,818 to €10,270
- Turnover -€167,128
no longer reported in 2025 (was €167,128)
- Purchases and services -€144,196
no longer reported in 2025 (was €144,196)
- Gross operating margin -€7,092
down €7,092 (-30.9%), from €22,932 to €15,840
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 | €69,910 | €48,573 | -€21,337 | -30.5% |
| Fixed assets | 21/28 | €40,807 | €25,420 | -€15,386 | -37.7% |
| Tangible fixed assets | 22/27 | €40,807 | €25,420 | -€15,386 | -37.7% |
| Plant, machinery and equipment | 23 | €5,721 | €2,409 | -€3,313 | -57.9% |
| Furniture and vehicles | 24 | €33,046 | €21,221 | -€11,825 | -35.8% |
| Other tangible fixed assets | 26 | €2,039 | €1,791 | -€248 | -12.2% |
| Current assets | 29/58 | €29,103 | €23,153 | -€5,951 | -20.4% |
| Amounts receivable within one year | 40/41 | €25,915 | €0 | -€25,915 | -100% |
| Trade receivables | 40 | €25,915 | €0 | -€25,915 | -100% |
| Cash at bank and in hand | 54/58 | €3,023 | €23,153 | +€20,130 | +666% |
| Deferred charges and accrued income | 490/1 | €166 | - | -€166 | |
| Total equity and liabilities | 10/49 | €69,910 | €48,573 | -€21,337 | -30.5% |
| Equity | 10/15 | €22,875 | €21,328 | -€1,547 | -6.8% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,375 | €18,828 | -€1,547 | -7.6% |
| Amounts payable | 17/49 | €47,035 | €27,245 | -€19,790 | -42.1% |
| Amounts payable after more than one year | 17 | €21,729 | €10,620 | -€11,110 | -51.1% |
| Financial debts | 170/4 | €21,729 | €10,620 | -€11,110 | -51.1% |
| Amounts payable within one year | 42/48 | €25,306 | €16,626 | -€8,680 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €8,818 | €10,270 | +€1,451 | +16.5% |
| Trade debts | 44 | €6,124 | €448 | -€5,676 | -92.7% |
| Suppliers | 440/4 | €6,124 | €448 | -€5,676 | -92.7% |
| Taxes, remuneration and social security | 45 | €7,183 | €3,054 | -€4,129 | -57.5% |
| Taxes | 450/3 | €7,183 | €3,054 | -€4,129 | -57.5% |
| Other amounts payable | 47/48 | €3,180 | €2,854 | -€326 | -10.3% |
| Turnover | 70 | €167,128 | - | -€167,128 | |
| Goods, raw materials, services and sundry goods | 60/61 | €144,196 | - | -€144,196 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,673 | €15,386 | -€287 | -1.8% |
| Other operating charges | 640/8 | €663 | €683 | +€20 | +3.0% |
| Non-recurring operating charges | 66A | €469 | - | -€469 | |
| Gross operating margin | 9900 | €22,932 | €15,840 | -€7,092 | -30.9% |
| Operating profit (loss) | 9901 | €6,127 | -€230 | -€6,357 | |
| Financial charges | 65/66B | €1,081 | €1,201 | +€119 | +11.0% |
| Recurring financial charges | 65 | €1,081 | €1,201 | +€119 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €5,045 | -€1,430 | -€6,476 | |
| Income taxes | 67/77 | €1,297 | €117 | -€1,181 | -91.0% |
| Profit (loss) for the period | 9904 | €3,748 | -€1,547 | -€5,295 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,748 | -€1,547 | -€5,295 |
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 23 October 2026 via checked.be.