Hello: 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.
Hello
Largest movements
- Deferred charges and accrued income +€26,953
up €26,953 (+467%), from €5,770 to €32,723
- Receivables within one year -€23,072
down €23,072 (-35.0%), from €65,895 to €42,823
of which Trade receivables: -€20,160
- Tangible fixed assets -€13,416
down €13,416 (-30.7%), from €43,751 to €30,334
of which Furniture and vehicles: -€11,700
- Cash -€9,209
down €9,209 (-100%), from €9,209 to €0
mainly Net result for the year (-€65,885) and Deferred charges and accrued income (-€26,953)
- Intangible fixed assets -€6,417
down €6,417 (-23.8%), from €27,001 to €20,584
- Profit (loss) carried forward -€65,885
down €65,885 (-108%), from -€61,080 to -€126,965
- Accrued charges and deferred income +€53,473
up €53,473 (+2,470%), from €2,165 to €55,638
- Trade debts +€13,892
up €13,892 (+22.7%), from €61,188 to €75,081
- Other debts -€13,015
down €13,015 (-21.1%), from €61,694 to €48,679
- Debts after one year -€11,025
down €11,025 (-24.0%), from €45,875 to €34,850
- Gross operating margin -€81,081
down €81,081 (-57.9%), from €140,015 to €58,934
- Other operating charges -€3,844
down €3,844 (-71.0%), from €5,410 to €1,566
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 | €151,626 | €126,464 | -€25,162 | -16.6% |
| Fixed assets | 21/28 | €70,751 | €50,918 | -€19,833 | -28.0% |
| Intangible fixed assets | 21 | €27,001 | €20,584 | -€6,417 | -23.8% |
| Tangible fixed assets | 22/27 | €43,751 | €30,334 | -€13,416 | -30.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €41,146 | €29,446 | -€11,700 | -28.4% |
| Other tangible fixed assets | 26 | €2,605 | €889 | -€1,716 | -65.9% |
| Current assets | 29/58 | €80,874 | €75,546 | -€5,328 | -6.6% |
| Amounts receivable within one year | 40/41 | €65,895 | €42,823 | -€23,072 | -35.0% |
| Trade receivables | 40 | €62,813 | €42,653 | -€20,160 | -32.1% |
| Other amounts receivable | 41 | €3,082 | €170 | -€2,912 | -94.5% |
| Cash at bank and in hand | 54/58 | €9,209 | €0 | -€9,209 | -100% |
| Deferred charges and accrued income | 490/1 | €5,770 | €32,723 | +€26,953 | +467% |
| Total equity and liabilities | 10/49 | €151,626 | €126,464 | -€25,162 | -16.6% |
| Equity | 10/15 | -€56,080 | -€121,965 | -€65,885 | -117% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,080 | -€126,965 | -€65,885 | -108% |
| Amounts payable | 17/49 | €207,705 | €248,429 | +€40,724 | +19.6% |
| Amounts payable after more than one year | 17 | €45,875 | €34,850 | -€11,025 | -24.0% |
| Financial debts | 170/4 | €45,875 | €34,850 | -€11,025 | -24.0% |
| Amounts payable within one year | 42/48 | €159,665 | €157,940 | -€1,725 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €6,846 | €7,494 | +€648 | +9.5% |
| Financial debts | 43 | - | €6,066 | +€6,066 | |
| Credit institutions | 430/8 | - | €6,066 | +€6,066 | |
| Trade debts | 44 | €61,188 | €75,081 | +€13,892 | +22.7% |
| Suppliers | 440/4 | €61,188 | €75,081 | +€13,892 | +22.7% |
| Taxes, remuneration and social security | 45 | €29,936 | €20,620 | -€9,316 | -31.1% |
| Taxes | 450/3 | €18,221 | €8,034 | -€10,188 | -55.9% |
| Remuneration and social security | 454/9 | €11,714 | €12,587 | +€872 | +7.4% |
| Other amounts payable | 47/48 | €61,694 | €48,679 | -€13,015 | -21.1% |
| Accrued charges and deferred income | 492/3 | €2,165 | €55,638 | +€53,473 | +2,470% |
| Remuneration, social security and pensions | 62 | €99,554 | €98,270 | -€1,284 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,319 | €19,833 | -€486 | -2.4% |
| Other operating charges | 640/8 | €5,410 | €1,566 | -€3,844 | -71.0% |
| Gross operating margin | 9900 | €140,015 | €58,934 | -€81,081 | -57.9% |
| Operating profit (loss) | 9901 | €14,731 | -€60,736 | -€75,467 | |
| Financial income | 75/76B | €6 | €9 | +€3 | +49.4% |
| Recurring financial income | 75 | €6 | €9 | +€3 | +49.4% |
| Financial charges | 65/66B | €4,644 | €4,994 | +€349 | +7.5% |
| Recurring financial charges | 65 | €4,644 | €4,994 | +€349 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €10,093 | -€65,720 | -€75,813 | |
| Income taxes | 67/77 | €127 | €165 | +€38 | +29.6% |
| Profit (loss) for the period | 9904 | €9,966 | -€65,885 | -€75,851 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,966 | -€65,885 | -€75,851 |
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 28 October 2026 via checked.be.