Groundzero: 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.
Groundzero
Largest movements
- Stocks and contracts -€63,204
no longer reported in 2025 (was €63,204)
- Receivables within one year +€15,000
new in 2025: €15,000
- Cash -€3,727
down €3,727 (-17.4%), from €21,396 to €17,669
mainly Current portion of long-term debt (-€49,000) and Receivables within one year (-€15,000)
- Current portion of long-term debt -€49,000
no longer reported in 2025 (was €49,000)
- Reserves -€2,776
down €2,776 (-12.2%), from €22,693 to €19,917
- Gross operating margin -€1,965
down €1,965 (-364.9%), from -€538 to -€2,503
- Other operating charges -€62
down €62 (-34.0%), from €182 to €120
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 | €84,600 | €32,669 | -€51,931 | -61.4% |
| Current assets | 29/58 | €84,600 | €32,669 | -€51,931 | -61.4% |
| Stocks and contracts in progress | 3 | €63,204 | - | -€63,204 | |
| Contracts in progress | 37 | €63,204 | - | -€63,204 | |
| Amounts receivable within one year | 40/41 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 41 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €21,396 | €17,669 | -€3,727 | -17.4% |
| Total equity and liabilities | 10/49 | €84,600 | €32,669 | -€51,931 | -61.4% |
| Equity | 10/15 | €35,093 | €32,317 | -€2,776 | -7.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €22,693 | €19,917 | -€2,776 | -12.2% |
| Distributable reserves | 133 | €22,693 | €19,917 | -€2,776 | -12.2% |
| Amounts payable | 17/49 | €49,507 | €352 | -€49,155 | -99.3% |
| Amounts payable within one year | 42/48 | €49,507 | €352 | -€49,155 | -99.3% |
| Current portion of amounts payable after more than one year | 42 | €49,000 | - | -€49,000 | |
| Other amounts payable | 47/48 | €507 | €352 | -€155 | -30.6% |
| Other operating charges | 640/8 | €182 | €120 | -€62 | -34.0% |
| Gross operating margin | 9900 | -€538 | -€2,503 | -€1,965 | -364.9% |
| Operating profit (loss) | 9901 | -€720 | -€2,623 | -€1,903 | -264.2% |
| Financial charges | 65/66B | €153 | €153 | = | 0.0% |
| Recurring financial charges | 65 | €153 | €153 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€873 | -€2,776 | -€1,903 | -217.8% |
| Profit (loss) for the period | 9904 | -€873 | -€2,776 | -€1,903 | -217.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€873 | -€2,776 | -€1,903 | -217.8% |
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.