Healthy Objectives: 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.
Healthy Objectives
Largest movements
- Cash -€57,857
down €57,857 (-36.8%), from €157,025 to €99,168
mainly Net result for the year (-€59,232) and Tax, wage and social debts (-€31,580)
- Receivables within one year -€32,491
down €32,491 (-93.0%), from €34,945 to €2,454
of which Trade receivables: -€31,405
- Tangible fixed assets -€4,633
down €4,633 (-27.4%), from €16,904 to €12,271
of which Furniture and vehicles: -€3,577
- Profit (loss) carried forward -€59,232
down €59,232 (-60.7%), from €97,512 to €38,280
- Tax, wage and social debts -€31,580
down €31,580 (-83.6%), from €37,791 to €6,211
- Trade debts -€2,526
down €2,526 (-63.7%), from €3,968 to €1,442
- Gross operating margin -€181,204
down €181,204, from €126,914 to -€54,290
- Taxes -€28,508
down €28,508, from €26,872 to -€1,636
- Depreciation +€3,420
up €3,420 (+282.0%), from €1,213 to €4,633
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 | €210,334 | €115,086 | -€95,247 | -45.3% |
| Fixed assets | 21/28 | €17,204 | €12,571 | -€4,633 | -26.9% |
| Tangible fixed assets | 22/27 | €16,904 | €12,271 | -€4,633 | -27.4% |
| Plant, machinery and equipment | 23 | €2,077 | €1,021 | -€1,056 | -50.8% |
| Furniture and vehicles | 24 | €14,827 | €11,250 | -€3,577 | -24.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €193,130 | €102,515 | -€90,615 | -46.9% |
| Amounts receivable within one year | 40/41 | €34,945 | €2,454 | -€32,491 | -93.0% |
| Trade receivables | 40 | €33,274 | €1,868 | -€31,405 | -94.4% |
| Other amounts receivable | 41 | €1,671 | €586 | -€1,085 | -64.9% |
| Cash at bank and in hand | 54/58 | €157,025 | €99,168 | -€57,857 | -36.8% |
| Deferred charges and accrued income | 490/1 | €1,160 | €893 | -€267 | -23.0% |
| Total equity and liabilities | 10/49 | €210,334 | €115,086 | -€95,247 | -45.3% |
| Equity | 10/15 | €166,666 | €107,434 | -€59,232 | -35.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €67,154 | €67,154 | = | 0.0% |
| Distributable reserves | 133 | €67,154 | €67,154 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,512 | €38,280 | -€59,232 | -60.7% |
| Amounts payable | 17/49 | €43,668 | €7,653 | -€36,015 | -82.5% |
| Amounts payable within one year | 42/48 | €43,668 | €7,653 | -€36,015 | -82.5% |
| Trade debts | 44 | €3,968 | €1,442 | -€2,526 | -63.7% |
| Suppliers | 440/4 | €3,968 | €1,442 | -€2,526 | -63.7% |
| Taxes, remuneration and social security | 45 | €37,791 | €6,211 | -€31,580 | -83.6% |
| Taxes | 450/3 | €37,791 | €6,211 | -€31,580 | -83.6% |
| Other amounts payable | 47/48 | €1,910 | - | -€1,910 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,213 | €4,633 | +€3,420 | +282.0% |
| Other operating charges | 640/8 | €642 | €1,073 | +€431 | +67.2% |
| Gross operating margin | 9900 | €126,914 | -€54,290 | -€181,204 | |
| Operating profit (loss) | 9901 | €125,059 | -€59,996 | -€185,055 | |
| Financial income | 75/76B | €27 | - | -€27 | |
| Recurring financial income | 75 | €27 | - | -€27 | |
| Financial charges | 65/66B | €701 | €872 | +€170 | +24.2% |
| Recurring financial charges | 65 | €701 | €872 | +€170 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | €124,384 | -€60,868 | -€185,252 | |
| Income taxes | 67/77 | €26,872 | -€1,636 | -€28,508 | |
| Profit (loss) for the period | 9904 | €97,512 | -€59,232 | -€156,744 | |
| Profit (loss) for the period to be appropriated | 9905 | €97,512 | -€59,232 | -€156,744 |
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 30 September 2026 via checked.be.