HET MOMENT: 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.
HET MOMENT
Largest movements
- Cash -€2,649
down €2,649 (-7.8%), from €34,125 to €31,476
mainly Trade debts (-€4,902) and Net result for the year (-€1,123)
- Tangible fixed assets -€1,640
down €1,640 (-61.1%), from €2,684 to €1,044
of which Plant, machinery and equipment: -€1,169
- Stocks and contracts -€858
down €858 (-7.8%), from €11,020 to €10,162
- Receivables within one year -€670
down €670 (-18.8%), from €3,557 to €2,888
of which Trade receivables: -€895
- Trade debts -€4,902
down €4,902 (-99.7%), from €4,919 to €17
- Profit (loss) carried forward -€1,123
down €1,123 (-1.5%), from -€77,004 to -€78,127
- Gross operating margin +€9,740
up €9,740, from -€8,627 to €1,114
- Other operating charges -€848
down €848 (-50.0%), from €1,695 to €847
- Financial income +€214
up €214 (+187%), from €115 to €329
- Depreciation +€209
up €209 (+14.6%), from €1,432 to €1,640
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 | €51,387 | €45,569 | -€5,817 | -11.3% |
| Fixed assets | 21/28 | €2,684 | €1,044 | -€1,640 | -61.1% |
| Tangible fixed assets | 22/27 | €2,684 | €1,044 | -€1,640 | -61.1% |
| Plant, machinery and equipment | 23 | €1,616 | €446 | -€1,169 | -72.4% |
| Furniture and vehicles | 24 | €1,069 | €598 | -€471 | -44.1% |
| Current assets | 29/58 | €48,702 | €44,525 | -€4,177 | -8.6% |
| Stocks and contracts in progress | 3 | €11,020 | €10,162 | -€858 | -7.8% |
| Stocks | 30/36 | €11,020 | €10,162 | -€858 | -7.8% |
| Amounts receivable within one year | 40/41 | €3,557 | €2,888 | -€670 | -18.8% |
| Trade receivables | 40 | €1,683 | €788 | -€895 | -53.2% |
| Other amounts receivable | 41 | €1,874 | €2,099 | +€225 | +12.0% |
| Cash at bank and in hand | 54/58 | €34,125 | €31,476 | -€2,649 | -7.8% |
| Total equity and liabilities | 10/49 | €51,387 | €45,569 | -€5,817 | -11.3% |
| Equity | 10/15 | €14,596 | €13,473 | -€1,123 | -7.7% |
| Contributions | 10/11 | €88,600 | €88,600 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,004 | -€78,127 | -€1,123 | -1.5% |
| Amounts payable | 17/49 | €36,790 | €32,097 | -€4,694 | -12.8% |
| Amounts payable within one year | 42/48 | €36,790 | €32,097 | -€4,694 | -12.8% |
| Trade debts | 44 | €4,919 | €17 | -€4,902 | -99.7% |
| Suppliers | 440/4 | €4,919 | €17 | -€4,902 | -99.7% |
| Other amounts payable | 47/48 | €31,871 | €32,080 | +€208 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,432 | €1,640 | +€209 | +14.6% |
| Other operating charges | 640/8 | €1,695 | €847 | -€848 | -50.0% |
| Gross operating margin | 9900 | -€8,627 | €1,114 | +€9,740 | |
| Operating profit (loss) | 9901 | -€11,754 | -€1,374 | +€10,380 | +88.3% |
| Financial income | 75/76B | €115 | €329 | +€214 | +187% |
| Recurring financial income | 75 | €115 | €329 | +€214 | +187% |
| Financial charges | 65/66B | €68 | €79 | +€11 | +16.1% |
| Recurring financial charges | 65 | €68 | €79 | +€11 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,707 | -€1,123 | +€10,584 | +90.4% |
| Profit (loss) for the period | 9904 | -€11,707 | -€1,123 | +€10,584 | +90.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,707 | -€1,123 | +€10,584 | +90.4% |
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 19 October 2026 via checked.be.