GREATER THAN: 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.
GREATER THAN
Largest movements
- Intangible fixed assets -€26,676
down €26,676 (-17.6%), from €151,502 to €124,826
- Profit (loss) carried forward -€162,505
down €162,505 (-3.7%), from -€4.4m to -€4.6m
- Other debts +€123,021
up €123,021 (+6.3%), from €2.0m to €2.1m
- Other operating charges +€24,242
new in 2025: €24,242
- Gross operating margin -€16,250
down €16,250 (-18.0%), from -€90,322 to -€106,572
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 | €2,649,741 | €2,616,922 | -€32,819 | -1.2% |
| Fixed assets | 21/28 | €2,564,641 | €2,562,965 | -€1,676 | -0.1% |
| Intangible fixed assets | 21 | €151,502 | €124,826 | -€26,676 | -17.6% |
| Financial fixed assets | 28 | €2,413,139 | €2,438,139 | +€25,000 | +1.0% |
| Current assets | 29/58 | €85,101 | €53,958 | -€31,143 | -36.6% |
| Amounts receivable within one year | 40/41 | €25,272 | €0 | -€25,272 | -100% |
| Other amounts receivable | 41 | €25,272 | €0 | -€25,272 | -100% |
| Cash at bank and in hand | 54/58 | €17,584 | €4,616 | -€12,968 | -73.7% |
| Deferred charges and accrued income | 490/1 | €42,244 | €49,341 | +€7,097 | +16.8% |
| Total equity and liabilities | 10/49 | €2,649,741 | €2,616,922 | -€32,819 | -1.2% |
| Equity | 10/15 | €681,912 | €519,407 | -€162,505 | -23.8% |
| Contributions | 10/11 | €5,118,368 | €5,118,368 | = | 0.0% |
| Capital | 10 | €5,118,368 | €5,118,368 | = | 0.0% |
| Issued capital | 100 | €5,118,368 | €5,118,368 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,436,456 | -€4,598,961 | -€162,505 | -3.7% |
| Amounts payable | 17/49 | €1,967,829 | €2,097,515 | +€129,686 | +6.6% |
| Amounts payable within one year | 42/48 | €1,967,762 | €2,097,473 | +€129,711 | +6.6% |
| Trade debts | 44 | €100 | €6,790 | +€6,690 | +6,674% |
| Suppliers | 440/4 | €100 | €6,790 | +€6,690 | +6,674% |
| Other amounts payable | 47/48 | €1,967,661 | €2,090,683 | +€123,021 | +6.3% |
| Accrued charges and deferred income | 492/3 | €67 | €42 | -€25 | -37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,859 | €30,934 | +€75 | +0.2% |
| Other operating charges | 640/8 | - | €24,242 | +€24,242 | |
| Gross operating margin | 9900 | -€90,322 | -€106,572 | -€16,250 | -18.0% |
| Operating profit (loss) | 9901 | -€121,181 | -€161,749 | -€40,568 | -33.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €477 | €756 | +€279 | +58.5% |
| Recurring financial charges | 65 | €477 | €756 | +€279 | +58.5% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€121,658 | -€162,505 | -€40,847 | -33.6% |
| Profit (loss) for the period | 9904 | -€121,658 | -€162,505 | -€40,847 | -33.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€121,658 | -€162,505 | -€40,847 | -33.6% |
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 25 October 2026 via checked.be.