FULLSCALE: 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.
FULLSCALE
Largest movements
- Receivables within one year +€35,426
up €35,426 (+186%), from €19,031 to €54,457
of which Trade receivables: +€18,580
- Cash -€25,750
down €25,750 (-19.2%), from €133,820 to €108,070
mainly Receivables within one year (-€35,426) and Stocks and contracts (-€2,325)
- Deferred charges and accrued income -€5,779
down €5,779 (-90.6%), from €6,377 to €598
- Stocks and contracts +€2,325
up €2,325 (+240%), from €967 to €3,292
- Tangible fixed assets -€1,846
down €1,846 (-50.8%), from €3,631 to €1,785
- Profit (loss) carried forward +€2,268
up €2,268 (+2.3%), from €98,143 to €100,410
- Gross operating margin -€37,562
down €37,562 (-83.9%), from €44,781 to €7,219
- Taxes -€9,897
down €9,897 (-82.7%), from €11,966 to €2,069
- Depreciation +€772
up €772 (+71.9%), from €1,074 to €1,846
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 | €163,826 | €168,203 | +€4,377 | +2.7% |
| Fixed assets | 21/28 | €3,631 | €1,785 | -€1,846 | -50.8% |
| Tangible fixed assets | 22/27 | €3,631 | €1,785 | -€1,846 | -50.8% |
| Furniture and vehicles | 24 | €3,631 | €1,785 | -€1,846 | -50.8% |
| Current assets | 29/58 | €160,195 | €166,417 | +€6,222 | +3.9% |
| Stocks and contracts in progress | 3 | €967 | €3,292 | +€2,325 | +240% |
| Stocks | 30/36 | €967 | €3,292 | +€2,325 | +240% |
| Amounts receivable within one year | 40/41 | €19,031 | €54,457 | +€35,426 | +186% |
| Trade receivables | 40 | €3,022 | €21,603 | +€18,580 | +615% |
| Other amounts receivable | 41 | €16,008 | €32,854 | +€16,846 | +105% |
| Cash at bank and in hand | 54/58 | €133,820 | €108,070 | -€25,750 | -19.2% |
| Deferred charges and accrued income | 490/1 | €6,377 | €598 | -€5,779 | -90.6% |
| Total equity and liabilities | 10/49 | €163,826 | €168,203 | +€4,377 | +2.7% |
| Equity | 10/15 | €162,403 | €165,670 | +€3,268 | +2.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €51,860 | €52,860 | +€1,000 | +1.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €51,000 | +€1,000 | +2.0% |
| Profit (loss) carried forward | 14 | €98,143 | €100,410 | +€2,268 | +2.3% |
| Amounts payable | 17/49 | €1,423 | €2,532 | +€1,109 | +77.9% |
| Amounts payable within one year | 42/48 | €1,413 | €2,532 | +€1,119 | +79.2% |
| Trade debts | 44 | €1,383 | €2,502 | +€1,119 | +80.9% |
| Suppliers | 440/4 | €1,383 | €2,502 | +€1,119 | +80.9% |
| Other amounts payable | 47/48 | €30 | €30 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €10 | - | -€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,074 | €1,846 | +€772 | +71.9% |
| Other operating charges | 640/8 | €915 | €1,007 | +€92 | +10.1% |
| Gross operating margin | 9900 | €44,781 | €7,219 | -€37,562 | -83.9% |
| Operating profit (loss) | 9901 | €42,792 | €4,366 | -€38,426 | -89.8% |
| Financial income | 75/76B | €566 | €999 | +€433 | +76.5% |
| Recurring financial income | 75 | €566 | €999 | +€433 | +76.5% |
| Financial charges | 65/66B | €29 | €28 | -€1 | -3.2% |
| Recurring financial charges | 65 | €29 | €28 | -€1 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €43,329 | €5,337 | -€37,992 | -87.7% |
| Income taxes | 67/77 | €11,966 | €2,069 | -€9,897 | -82.7% |
| Profit (loss) for the period | 9904 | €31,363 | €3,268 | -€28,096 | -89.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,363 | €3,268 | -€28,096 | -89.6% |
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 16 October 2026 via checked.be.