FULL SCREEN: 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.
FULL SCREEN
Largest movements
- Tangible fixed assets -€8,840
down €8,840 (-27.6%), from €32,018 to €23,178
of which Furniture and vehicles: -€8,720
- Receivables within one year +€3,791
up €3,791 (+27.7%), from €13,704 to €17,495
of which Trade receivables: +€6,000
- Cash +€612
up €612 (+40.9%), from €1,496 to €2,109
mainly Other debts (+€9,147) and Depreciation (+€8,840)
- Profit (loss) carried forward -€15,286
down €15,286 (-7.2%), from -€211,674 to -€226,960
- Other debts +€9,147
up €9,147 (+3.8%), from €238,635 to €247,783
- Advances received +€6,000
up €6,000 (+100.0%), from €6,000 to €12,000
- Trade debts -€4,298
down €4,298 (-83.5%), from €5,147 to €849
- Financial income -€6,008
no longer reported in 2025 (was €6,008)
of which Financial income: -€6,008
- Gross operating margin +€5,838
up €5,838 (+68.1%), from -€8,572 to -€2,734
- Depreciation +€5,194
up €5,194 (+142.4%), from €3,646 to €8,840
- Financial charges -€534
no longer reported in 2025 (was €534)
- Other operating charges +€315
up €315 (+13.6%), from €2,325 to €2,640
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 | €54,841 | €50,404 | -€4,436 | -8.1% |
| Fixed assets | 21/28 | €39,641 | €30,801 | -€8,840 | -22.3% |
| Tangible fixed assets | 22/27 | €32,018 | €23,178 | -€8,840 | -27.6% |
| Furniture and vehicles | 24 | €31,851 | €23,132 | -€8,720 | -27.4% |
| Other tangible fixed assets | 26 | €167 | €47 | -€120 | -72.1% |
| Financial fixed assets | 28 | €7,622 | €7,622 | = | 0.0% |
| Current assets | 29/58 | €15,200 | €19,604 | +€4,404 | +29.0% |
| Amounts receivable within one year | 40/41 | €13,704 | €17,495 | +€3,791 | +27.7% |
| Trade receivables | 40 | €10,000 | €16,000 | +€6,000 | +60.0% |
| Other amounts receivable | 41 | €3,704 | €1,495 | -€2,209 | -59.6% |
| Cash at bank and in hand | 54/58 | €1,496 | €2,109 | +€612 | +40.9% |
| Total equity and liabilities | 10/49 | €54,841 | €50,404 | -€4,436 | -8.1% |
| Equity | 10/15 | -€194,941 | -€210,227 | -€15,286 | -7.8% |
| Contributions | 10/11 | €14,874 | €14,874 | = | 0.0% |
| Capital | 10 | €14,874 | €14,874 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €3,718 | €3,718 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€211,674 | -€226,960 | -€15,286 | -7.2% |
| Amounts payable | 17/49 | €249,782 | €260,632 | +€10,849 | +4.3% |
| Amounts payable within one year | 42/48 | €249,782 | €260,632 | +€10,849 | +4.3% |
| Trade debts | 44 | €5,147 | €849 | -€4,298 | -83.5% |
| Suppliers | 440/4 | €5,147 | €849 | -€4,298 | -83.5% |
| Advances received on contracts in progress | 46 | €6,000 | €12,000 | +€6,000 | +100.0% |
| Other amounts payable | 47/48 | €238,635 | €247,783 | +€9,147 | +3.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,646 | €8,840 | +€5,194 | +142.4% |
| Other operating charges | 640/8 | €2,325 | €2,640 | +€315 | +13.6% |
| Non-recurring operating charges | 66A | €174 | €483 | +€309 | +177.2% |
| Gross operating margin | 9900 | -€8,572 | -€2,734 | +€5,838 | +68.1% |
| Operating profit (loss) | 9901 | -€14,717 | -€14,696 | +€20 | +0.1% |
| Financial income | 75/76B | €6,008 | - | -€6,008 | |
| Recurring financial income | 75 | €6,008 | - | -€6,008 | |
| Non-recurring financial income | 76B | €6,008 | - | -€6,008 | |
| Financial charges | 65/66B | €534 | - | -€534 | |
| Recurring financial charges | 65 | €534 | - | -€534 | |
| Profit (loss) for the period before taxes | 9903 | -€9,243 | -€14,696 | -€5,453 | -59.0% |
| Income taxes | 67/77 | €571 | €589 | +€19 | +3.3% |
| Profit (loss) for the period | 9904 | -€9,814 | -€15,286 | -€5,472 | -55.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,814 | -€15,286 | -€5,472 | -55.8% |
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 28 September 2026 via checked.be.