Hundred: 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.
Hundred
Largest movements
- Financial fixed assets +€50,000
new in 2025: €50,000
- Receivables within one year +€23,956
up €23,956 (+297%), from €8,075 to €32,031
of which Trade receivables: +€21,915
- Deferred charges and accrued income +€12,052
up €12,052 (+5,492%), from €219 to €12,272
- Stocks and contracts +€6,093
up €6,093 (+23.5%), from €25,907 to €32,000
- Cash +€5,418
up €5,418 (+239%), from €2,270 to €7,689
mainly Debts after one year (+€53,117) and Other debts (+€27,259)
- Debts after one year +€53,117
new in 2025: €53,117
- Other debts +€27,259
up €27,259 (+545%), from €5,000 to €32,259
- Trade debts +€21,357
up €21,357 (+475%), from €4,498 to €25,855
- Profit (loss) carried forward -€16,480
new in 2025: -€16,480
- Current portion of long-term debt +€15,989
new in 2025: €15,989
- Staff costs +€13,296
new in 2025: €13,296
- Gross operating margin -€5,849
down €5,849, from €339 to -€5,510
- Financial charges +€1,435
up €1,435 (+183%), from €785 to €2,221
- Other operating charges +€902
up €902 (+233%), from €387 to €1,290
- Depreciation +€323
up €323 (+75.0%), from €430 to €753
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 | €37,224 | €133,991 | +€96,767 | +260% |
| Fixed assets | 21/28 | €753 | €50,000 | +€49,248 | +6,545% |
| Intangible fixed assets | 21 | €753 | - | -€753 | |
| Financial fixed assets | 28 | - | €50,000 | +€50,000 | |
| Current assets | 29/58 | €36,471 | €83,991 | +€47,520 | +130% |
| Stocks and contracts in progress | 3 | €25,907 | €32,000 | +€6,093 | +23.5% |
| Stocks | 30/36 | €25,907 | €32,000 | +€6,093 | +23.5% |
| Amounts receivable within one year | 40/41 | €8,075 | €32,031 | +€23,956 | +297% |
| Trade receivables | 40 | €5,008 | €26,923 | +€21,915 | +438% |
| Other amounts receivable | 41 | €3,067 | €5,108 | +€2,041 | +66.6% |
| Cash at bank and in hand | 54/58 | €2,270 | €7,689 | +€5,418 | +239% |
| Deferred charges and accrued income | 490/1 | €219 | €12,272 | +€12,052 | +5,492% |
| Total equity and liabilities | 10/49 | €37,224 | €133,991 | +€96,767 | +260% |
| Equity | 10/15 | €26,881 | €3,811 | -€23,070 | -85.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €25,881 | €19,290 | -€6,590 | -25.5% |
| Distributable reserves | 133 | €25,881 | €19,290 | -€6,590 | -25.5% |
| Profit (loss) carried forward | 14 | - | -€16,480 | -€16,480 | |
| Amounts payable | 17/49 | €10,343 | €130,180 | +€119,837 | +1,159% |
| Amounts payable after more than one year | 17 | - | €53,117 | +€53,117 | |
| Financial debts | 170/4 | - | €53,117 | +€53,117 | |
| Amounts payable within one year | 42/48 | €10,343 | €77,063 | +€66,720 | +645% |
| Current portion of amounts payable after more than one year | 42 | - | €15,989 | +€15,989 | |
| Trade debts | 44 | €4,498 | €25,855 | +€21,357 | +475% |
| Suppliers | 440/4 | €4,498 | €25,855 | +€21,357 | +475% |
| Taxes, remuneration and social security | 45 | €845 | €2,961 | +€2,116 | +250% |
| Taxes | 450/3 | €845 | €625 | -€220 | -26.0% |
| Remuneration and social security | 454/9 | - | €2,336 | +€2,336 | |
| Other amounts payable | 47/48 | €5,000 | €32,259 | +€27,259 | +545% |
| Remuneration, social security and pensions | 62 | - | €13,296 | +€13,296 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €430 | €753 | +€323 | +75.0% |
| Other operating charges | 640/8 | €387 | €1,290 | +€902 | +233% |
| Gross operating margin | 9900 | €339 | -€5,510 | -€5,849 | |
| Operating profit (loss) | 9901 | -€478 | -€20,849 | -€20,371 | -4,259% |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €785 | €2,221 | +€1,435 | +183% |
| Recurring financial charges | 65 | €785 | €2,221 | +€1,435 | +183% |
| Profit (loss) for the period before taxes | 9903 | -€1,230 | -€23,070 | -€21,840 | -1,776% |
| Profit (loss) for the period | 9904 | -€1,230 | -€23,070 | -€21,840 | -1,776% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,230 | -€23,070 | -€21,840 | -1,776% |
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 24 October 2026 via checked.be.