Genèse: 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.
Genèse
Largest movements
- Cash +€40,730
new in 2025: €40,730
mainly Contributions, distributions and other (+€100,000)
- Receivables within one year +€12,587
up €12,587 (+445.1%), from €2,828 to €15,415
of which Other amounts receivable: +€8,398
- Contributions +€100,000
up €100,000 (+3333.3%), from €3,000 to €103,000
- Other debts -€23,299
down €23,299 (-44.3%), from €52,616 to €29,317
- Profit (loss) carried forward -€16,625
down €16,625 (-26.5%), from -€62,630 to -€79,255
- Trade debts -€5,991
down €5,991 (-66.0%), from €9,073 to €3,082
- Advances received -€751
no longer reported in 2025 (was €751)
- Gross operating margin -€11,866
down €11,866 (-296.2%), from -€4,006 to -€15,872
- Financial charges -€518
down €518 (-80.3%), from €645 to €127
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 | €2,828 | €56,145 | +€53,317 | +1885.3% |
| Current assets | 29/58 | €2,828 | €56,145 | +€53,317 | +1885.3% |
| Amounts receivable within one year | 40/41 | €2,828 | €15,415 | +€12,587 | +445.1% |
| Trade receivables | 40 | €2,250 | €6,439 | +€4,189 | +186.2% |
| Other amounts receivable | 41 | €578 | €8,976 | +€8,398 | +1452.9% |
| Cash at bank and in hand | 54/58 | - | €40,730 | +€40,730 | |
| Total equity and liabilities | 10/49 | €2,828 | €56,145 | +€53,317 | +1885.3% |
| Equity | 10/15 | -€59,630 | €23,745 | +€83,375 | |
| Contributions | 10/11 | €3,000 | €103,000 | +€100,000 | +3333.3% |
| Profit (loss) carried forward | 14 | -€62,630 | -€79,255 | -€16,625 | -26.5% |
| Amounts payable | 17/49 | €62,458 | €32,400 | -€30,058 | -48.1% |
| Amounts payable within one year | 42/48 | €62,458 | €32,400 | -€30,058 | -48.1% |
| Trade debts | 44 | €9,073 | €3,082 | -€5,991 | -66.0% |
| Suppliers | 440/4 | €9,073 | €3,082 | -€5,991 | -66.0% |
| Advances received on contracts in progress | 46 | €751 | - | -€751 | |
| Taxes, remuneration and social security | 45 | €18 | - | -€18 | |
| Taxes | 450/3 | €18 | - | -€18 | |
| Other amounts payable | 47/48 | €52,616 | €29,317 | -€23,299 | -44.3% |
| Other operating charges | 640/8 | €704 | €625 | -€79 | -11.2% |
| Gross operating margin | 9900 | -€4,006 | -€15,872 | -€11,866 | -296.2% |
| Operating profit (loss) | 9901 | -€4,710 | -€16,497 | -€11,787 | -250.3% |
| Financial charges | 65/66B | €645 | €127 | -€518 | -80.3% |
| Recurring financial charges | 65 | €645 | €127 | -€518 | -80.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,355 | -€16,624 | -€11,269 | -210.4% |
| Profit (loss) for the period | 9904 | -€5,355 | -€16,624 | -€11,269 | -210.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,355 | -€16,624 | -€11,269 | -210.4% |
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 4 October 2026 via checked.be.