FREE PRATIQUE: 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.
FREE PRATIQUE
Largest movements
- Tangible fixed assets -€16,345
down €16,345 (-29.0%), from €56,315 to €39,970
of which Furniture and vehicles: -€12,385
- Cash -€13,095
down €13,095 (-97.5%), from €13,437 to €342
mainly Net result for the year (-€11,424) and Debts after one year (-€11,017)
- Receivables within one year +€5,525
up €5,525 (+86.9%), from €6,361 to €11,886
of which Trade receivables: +€6,371
- Profit (loss) carried forward -€12,257
down €12,257 (-31.7%), from €38,671 to €26,414
- Debts after one year -€11,017
down €11,017 (-32.5%), from €33,919 to €22,902
- Tax, wage and social debts -€2,306
down €2,306 (-20.2%), from €11,431 to €9,125
- Financial income -€39,912
down €39,912 (-96.1%), from €41,531 to €1,620
- Gross operating margin -€19,066
down €19,066 (-74.0%), from €25,755 to €6,689
- Taxes -€14,951
down €14,951 (-99.4%), from €15,044 to €94
- Write-downs -€9,277
down €9,277 (-100%), from €9,277 to €0
- Depreciation -€1,178
down €1,178 (-6.7%), from €17,523 to €16,345
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 | €180,926 | €157,151 | -€23,774 | -13.1% |
| Fixed assets | 21/28 | €56,315 | €39,970 | -€16,345 | -29.0% |
| Tangible fixed assets | 22/27 | €56,315 | €39,970 | -€16,345 | -29.0% |
| Land and buildings | 22 | €5,853 | - | -€5,853 | |
| Plant, machinery and equipment | 23 | €4,770 | €2,563 | -€2,208 | -46.3% |
| Furniture and vehicles | 24 | €45,691 | €33,307 | -€12,385 | -27.1% |
| Other tangible fixed assets | 26 | - | €4,100 | +€4,100 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €124,611 | €117,182 | -€7,430 | -6.0% |
| Stocks and contracts in progress | 3 | €1,823 | €1,702 | -€121 | -6.7% |
| Stocks | 30/36 | €1,823 | €1,702 | -€121 | -6.7% |
| Amounts receivable within one year | 40/41 | €6,361 | €11,886 | +€5,525 | +86.9% |
| Trade receivables | 40 | €1,754 | €8,125 | +€6,371 | +363% |
| Other amounts receivable | 41 | €4,607 | €3,762 | -€846 | -18.4% |
| Current investments | 50/53 | €101,513 | €101,594 | +€81 | +0.1% |
| Cash at bank and in hand | 54/58 | €13,437 | €342 | -€13,095 | -97.5% |
| Deferred charges and accrued income | 490/1 | €1,478 | €1,658 | +€180 | +12.2% |
| Total equity and liabilities | 10/49 | €180,926 | €157,151 | -€23,774 | -13.1% |
| Equity | 10/15 | €115,939 | €103,682 | -€12,257 | -10.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,068 | €71,068 | = | 0.0% |
| Distributable reserves | 133 | €71,068 | €71,068 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,671 | €26,414 | -€12,257 | -31.7% |
| Amounts payable | 17/49 | €64,987 | €53,469 | -€11,518 | -17.7% |
| Amounts payable after more than one year | 17 | €33,919 | €22,902 | -€11,017 | -32.5% |
| Financial debts | 170/4 | €33,919 | €22,902 | -€11,017 | -32.5% |
| Amounts payable within one year | 42/48 | €31,068 | €30,368 | -€700 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €10,423 | €11,017 | +€594 | +5.7% |
| Trade debts | 44 | €4,995 | €6,127 | +€1,131 | +22.6% |
| Suppliers | 440/4 | €4,995 | €6,127 | +€1,131 | +22.6% |
| Taxes, remuneration and social security | 45 | €11,431 | €9,125 | -€2,306 | -20.2% |
| Taxes | 450/3 | €11,431 | €9,125 | -€2,306 | -20.2% |
| Other amounts payable | 47/48 | €4,218 | €4,099 | -€119 | -2.8% |
| Accrued charges and deferred income | 492/3 | - | €199 | +€199 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,523 | €16,345 | -€1,178 | -6.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,277 | €0 | -€9,277 | -100% |
| Other operating charges | 640/8 | €791 | €815 | +€23 | +3.0% |
| Gross operating margin | 9900 | €25,755 | €6,689 | -€19,066 | -74.0% |
| Operating profit (loss) | 9901 | -€1,836 | -€10,470 | -€8,634 | -470% |
| Financial income | 75/76B | €41,531 | €1,620 | -€39,912 | -96.1% |
| Recurring financial income | 75 | €41,531 | €1,620 | -€39,912 | -96.1% |
| Financial charges | 65/66B | €3,182 | €2,480 | -€702 | -22.1% |
| Recurring financial charges | 65 | €3,092 | €2,480 | -€612 | -19.8% |
| Non-recurring financial charges | 66B | €90 | €0 | -€90 | -100% |
| Profit (loss) for the period before taxes | 9903 | €36,514 | -€11,330 | -€47,844 | |
| Income taxes | 67/77 | €15,044 | €94 | -€14,951 | -99.4% |
| Profit (loss) for the period | 9904 | €21,469 | -€11,424 | -€32,893 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,469 | -€11,424 | -€32,893 |
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 27 October 2026 via checked.be.