HYSTERESIA MGT: 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.
HYSTERESIA MGT
Largest movements
- Financial fixed assets -€507,254
down €507,254 (-38.9%), from €1.3m to €798,301
- Cash +€14,131
up €14,131 (+6,110%), from €231 to €14,362
mainly Investment in fixed assets (net) (+€507,254) and Other debts (+€100,492)
- Debts after one year -€540,149
down €540,149 (-49.9%), from €1.1m to €542,818
- Other debts +€100,492
up €100,492 (+71.6%), from €140,406 to €240,898
- Profit (loss) carried forward -€56,583
down €56,583 (-288%), from -€19,619 to -€76,202
- Financial charges +€30,744
up €30,744 (+160%), from €19,232 to €49,975
- Gross operating margin -€5,966
new in 2025: -€5,966
- Other operating charges +€254
up €254 (+65.5%), from €387 to €641
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 | €1,305,787 | €812,664 | -€493,123 | -37.8% |
| Fixed assets | 21/28 | €1,305,556 | €798,301 | -€507,254 | -38.9% |
| Financial fixed assets | 28 | €1,305,556 | €798,301 | -€507,254 | -38.9% |
| Current assets | 29/58 | €231 | €14,362 | +€14,131 | +6,110% |
| Cash at bank and in hand | 54/58 | €231 | €14,362 | +€14,131 | +6,110% |
| Total equity and liabilities | 10/49 | €1,305,787 | €812,664 | -€493,123 | -37.8% |
| Equity | 10/15 | -€14,619 | -€71,202 | -€56,583 | -387% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,619 | -€76,202 | -€56,583 | -288% |
| Amounts payable | 17/49 | €1,320,406 | €883,865 | -€436,540 | -33.1% |
| Amounts payable after more than one year | 17 | €1,082,968 | €542,818 | -€540,149 | -49.9% |
| Financial debts | 170/4 | €1,082,968 | €542,818 | -€540,149 | -49.9% |
| Amounts payable within one year | 42/48 | €237,438 | €341,047 | +€103,609 | +43.6% |
| Current portion of amounts payable after more than one year | 42 | €97,032 | €100,149 | +€3,117 | +3.2% |
| Other amounts payable | 47/48 | €140,406 | €240,898 | +€100,492 | +71.6% |
| Other operating charges | 640/8 | €387 | €641 | +€254 | +65.5% |
| Gross operating margin | 9900 | - | -€5,966 | -€5,966 | |
| Operating profit (loss) | 9901 | -€387 | -€6,607 | -€6,220 | -1,606% |
| Financial charges | 65/66B | €19,232 | €49,975 | +€30,744 | +160% |
| Recurring financial charges | 65 | €19,232 | €49,975 | +€30,744 | +160% |
| Profit (loss) for the period before taxes | 9903 | -€19,619 | -€56,583 | -€36,964 | -188% |
| Profit (loss) for the period | 9904 | -€19,619 | -€56,583 | -€36,964 | -188% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,619 | -€56,583 | -€36,964 | -188% |
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 21 October 2026 via checked.be.