GOOD LUNCH: 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.
GOOD LUNCH
Largest movements
- Formation expenses -€8,000
down €8,000 (-80.0%), from €10,000 to €2,000
- Cash -€6,499
down €6,499 (-78.3%), from €8,304 to €1,805
mainly Net result for the year (-€8,980) and Debts after one year (-€5,133)
- Tangible fixed assets -€4,677
down €4,677 (-3.9%), from €118,965 to €114,288
of which Land and buildings: -€4,620
- Receivables within one year +€4,348
up €4,348 (+35.9%), from €12,107 to €16,455
of which Other amounts receivable: +€3,418
- Profit (loss) carried forward -€8,980
down €8,980 (-74.5%), from -€12,058 to -€21,038
- Debts after one year -€5,133
down €5,133 (-5.1%), from €100,755 to €95,622
- Current portion of long-term debt -€3,585
down €3,585 (-35.7%), from €10,045 to €6,460
- Turnover -€13,134
down €13,134 (-33.9%), from €38,732 to €25,598
- Gross operating margin -€8,158
down €8,158 (-32.6%), from €25,000 to €16,842
- Depreciation +€7,490
up €7,490 (+120%), from €6,245 to €13,736
- Purchases and services -€4,976
down €4,976 (-36.2%), from €13,732 to €8,756
- Other operating charges +€3,622
up €3,622 (+106%), from €3,423 to €7,045
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 | €169,617 | €153,731 | -€15,886 | -9.4% |
| Formation expenses | 20 | €10,000 | €2,000 | -€8,000 | -80.0% |
| Fixed assets | 21/28 | €139,206 | €133,471 | -€5,736 | -4.1% |
| Intangible fixed assets | 21 | €20,242 | €19,183 | -€1,059 | -5.2% |
| Tangible fixed assets | 22/27 | €118,965 | €114,288 | -€4,677 | -3.9% |
| Land and buildings | 22 | €118,908 | €114,288 | -€4,620 | -3.9% |
| Plant, machinery and equipment | 23 | €57 | - | -€57 | |
| Current assets | 29/58 | €20,411 | €18,260 | -€2,151 | -10.5% |
| Amounts receivable within one year | 40/41 | €12,107 | €16,455 | +€4,348 | +35.9% |
| Trade receivables | 40 | - | €930 | +€930 | |
| Other amounts receivable | 41 | €12,107 | €15,525 | +€3,418 | +28.2% |
| Cash at bank and in hand | 54/58 | €8,304 | €1,805 | -€6,499 | -78.3% |
| Total equity and liabilities | 10/49 | €169,617 | €153,731 | -€15,886 | -9.4% |
| Equity | 10/15 | €6,542 | -€2,438 | -€8,980 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,058 | -€21,038 | -€8,980 | -74.5% |
| Amounts payable | 17/49 | €163,075 | €156,169 | -€6,906 | -4.2% |
| Amounts payable after more than one year | 17 | €100,755 | €95,622 | -€5,133 | -5.1% |
| Financial debts | 170/4 | €100,755 | €95,622 | -€5,133 | -5.1% |
| Amounts payable within one year | 42/48 | €62,320 | €60,423 | -€1,897 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €10,045 | €6,460 | -€3,585 | -35.7% |
| Financial debts | 43 | €1,111 | €1,111 | = | 0.0% |
| Credit institutions | 430/8 | €1,111 | - | -€1,111 | |
| Other loans | 439 | - | €1,111 | +€1,111 | |
| Trade debts | 44 | €3,063 | €4,002 | +€939 | +30.7% |
| Suppliers | 440/4 | €3,063 | €4,002 | +€939 | +30.7% |
| Taxes, remuneration and social security | 45 | €3,310 | €3,049 | -€261 | -7.9% |
| Taxes | 450/3 | €2,951 | - | -€2,951 | |
| Remuneration and social security | 454/9 | €359 | €3,049 | +€2,690 | +749% |
| Other amounts payable | 47/48 | €44,790 | €45,800 | +€1,010 | +2.3% |
| Accrued charges and deferred income | 492/3 | - | €124 | +€124 | |
| Turnover | 70 | €38,732 | €25,598 | -€13,134 | -33.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,732 | €8,756 | -€4,976 | -36.2% |
| Remuneration, social security and pensions | 62 | - | €1,390 | +€1,390 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,245 | €13,736 | +€7,490 | +120% |
| Other operating charges | 640/8 | €3,423 | €7,045 | +€3,622 | +106% |
| Gross operating margin | 9900 | €25,000 | €16,842 | -€8,158 | -32.6% |
| Operating profit (loss) | 9901 | €15,332 | -€5,329 | -€20,661 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,526 | €3,651 | +€125 | +3.5% |
| Recurring financial charges | 65 | €3,526 | €3,651 | +€125 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €11,805 | -€8,980 | -€20,785 | |
| Income taxes | 67/77 | €2,951 | - | -€2,951 | |
| Profit (loss) for the period | 9904 | €8,854 | -€8,980 | -€17,834 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,854 | -€8,980 | -€17,834 |
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 23 October 2026 via checked.be.