FY COM: 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.
FY COM
Largest movements
- Receivables within one year -€20,127
down €20,127 (-41.3%), from €48,688 to €28,561
of which Trade receivables: -€23,674
- Deferred charges and accrued income -€4,223
down €4,223 (-78.0%), from €5,414 to €1,191
- Tangible fixed assets +€2,408
up €2,408 (+110%), from €2,194 to €4,602
of which Plant, machinery and equipment: +€2,115
- Cash +€2,360
up €2,360 (+74.7%), from €3,159 to €5,519
mainly Receivables within one year (+€20,127) and Net result for the year (+€12,545)
- Tax, wage and social debts -€11,593
down €11,593 (-83.6%), from €13,861 to €2,268
- Other debts -€10,000
down €10,000 (-50.0%), from €20,000 to €10,000
- Profit (loss) carried forward +€2,545
up €2,545 (+35.6%), from €7,156 to €9,701
- Gross operating margin -€12,579
down €12,579 (-42.9%), from €29,352 to €16,773
- Other operating charges +€442
up €442 (+70.0%), from €631 to €1,073
- Taxes -€307
down €307 (-11.9%), from €2,576 to €2,268
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 | €59,632 | €40,051 | -€19,581 | -32.8% |
| Fixed assets | 21/28 | €2,372 | €4,780 | +€2,408 | +102% |
| Tangible fixed assets | 22/27 | €2,194 | €4,602 | +€2,408 | +110% |
| Land and buildings | 22 | €248 | €0 | -€248 | -100.0% |
| Plant, machinery and equipment | 23 | €532 | €2,647 | +€2,115 | +398% |
| Furniture and vehicles | 24 | €1,414 | €1,955 | +€541 | +38.3% |
| Financial fixed assets | 28 | €178 | €178 | = | 0.0% |
| Current assets | 29/58 | €57,261 | €35,271 | -€21,990 | -38.4% |
| Amounts receivable within one year | 40/41 | €48,688 | €28,561 | -€20,127 | -41.3% |
| Trade receivables | 40 | €23,674 | - | -€23,674 | |
| Other amounts receivable | 41 | €25,015 | €28,561 | +€3,547 | +14.2% |
| Cash at bank and in hand | 54/58 | €3,159 | €5,519 | +€2,360 | +74.7% |
| Deferred charges and accrued income | 490/1 | €5,414 | €1,191 | -€4,223 | -78.0% |
| Total equity and liabilities | 10/49 | €59,632 | €40,051 | -€19,581 | -32.8% |
| Equity | 10/15 | €24,811 | €27,356 | +€2,545 | +10.3% |
| Contributions | 10/11 | €16,050 | €16,050 | = | 0.0% |
| Capital | 10 | €16,050 | €16,050 | = | 0.0% |
| Issued capital | 100 | €16,050 | €16,050 | = | 0.0% |
| Reserves | 13 | €1,605 | €1,605 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,605 | €1,605 | = | 0.0% |
| Legal reserve | 130 | €1,605 | €1,605 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,156 | €9,701 | +€2,545 | +35.6% |
| Amounts payable | 17/49 | €34,821 | €12,695 | -€22,126 | -63.5% |
| Amounts payable within one year | 42/48 | €34,821 | €12,695 | -€22,126 | -63.5% |
| Trade debts | 44 | €960 | €427 | -€533 | -55.6% |
| Suppliers | 440/4 | €960 | €427 | -€533 | -55.6% |
| Taxes, remuneration and social security | 45 | €13,861 | €2,268 | -€11,593 | -83.6% |
| Taxes | 450/3 | €13,861 | €2,268 | -€11,593 | -83.6% |
| Other amounts payable | 47/48 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,924 | €2,001 | +€78 | +4.0% |
| Other operating charges | 640/8 | €631 | €1,073 | +€442 | +70.0% |
| Gross operating margin | 9900 | €29,352 | €16,773 | -€12,579 | -42.9% |
| Operating profit (loss) | 9901 | €26,797 | €13,448 | -€13,348 | -49.8% |
| Financial income | 75/76B | €1,296 | €1,555 | +€259 | +20.0% |
| Recurring financial income | 75 | €1,272 | €1,555 | +€283 | +22.2% |
| Non-recurring financial income | 76B | €24 | - | -€24 | |
| Financial charges | 65/66B | €135 | €190 | +€55 | +40.6% |
| Recurring financial charges | 65 | €92 | €190 | +€97 | +105% |
| Non-recurring financial charges | 66B | €43 | - | -€43 | |
| Profit (loss) for the period before taxes | 9903 | €27,958 | €14,813 | -€13,144 | -47.0% |
| Income taxes | 67/77 | €2,576 | €2,268 | -€307 | -11.9% |
| Profit (loss) for the period | 9904 | €25,382 | €12,545 | -€12,837 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,382 | €12,545 | -€12,837 | -50.6% |
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 17 October 2026 via checked.be.