I am human: 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.
I am human
Largest movements
- Deferred charges and accrued income +€6,500
new in 2025: €6,500
- Intangible fixed assets -€6,121
down €6,121 (-5.6%), from €109,908 to €103,786
- Receivables within one year -€6,068
down €6,068 (-20.3%), from €29,861 to €23,793
of which Trade receivables: -€3,091
- Cash +€5,534
up €5,534 (+408%), from €1,356 to €6,890
mainly Other debts (+€90,520) and Depreciation (+€17,579)
- Tangible fixed assets -€2,978
down €2,978 (-28.7%), from €10,369 to €7,391
of which Plant, machinery and equipment: -€1,788
- Other debts +€90,520
up €90,520 (+203%), from €44,491 to €135,011
- Profit (loss) carried forward -€56,638
down €56,638 (-230%), from -€24,629 to -€81,266
- Debts after one year -€16,110
down €16,110 (-38.6%), from €41,757 to €25,647
of which Financial debts: -€15,259
- Current portion of long-term debt -€9,075
down €9,075 (-36.0%), from €25,185 to €16,110
- Short-term financial debts -€5,000
down €5,000 (-33.3%), from €15,000 to €10,000
- Gross operating margin -€72,495
down €72,495, from €38,234 to -€34,261
- Staff costs -€20,121
down €20,121 (-100%), from €20,121 to €0
- Depreciation -€11,262
down €11,262 (-39.0%), from €28,841 to €17,579
- Financial income +€727
up €727, from €0 to €727
- Other operating charges -€535
down €535 (-49.6%), from €1,079 to €544
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 | €151,493 | €148,360 | -€3,133 | -2.1% |
| Fixed assets | 21/28 | €120,276 | €111,177 | -€9,099 | -7.6% |
| Intangible fixed assets | 21 | €109,908 | €103,786 | -€6,121 | -5.6% |
| Tangible fixed assets | 22/27 | €10,369 | €7,391 | -€2,978 | -28.7% |
| Plant, machinery and equipment | 23 | €8,921 | €7,134 | -€1,788 | -20.0% |
| Furniture and vehicles | 24 | €1,447 | €257 | -€1,190 | -82.2% |
| Current assets | 29/58 | €31,217 | €37,183 | +€5,967 | +19.1% |
| Amounts receivable within one year | 40/41 | €29,861 | €23,793 | -€6,068 | -20.3% |
| Trade receivables | 40 | €20,915 | €17,824 | -€3,091 | -14.8% |
| Other amounts receivable | 41 | €8,946 | €5,969 | -€2,977 | -33.3% |
| Cash at bank and in hand | 54/58 | €1,356 | €6,890 | +€5,534 | +408% |
| Deferred charges and accrued income | 490/1 | - | €6,500 | +€6,500 | |
| Total equity and liabilities | 10/49 | €151,493 | €148,360 | -€3,133 | -2.1% |
| Equity | 10/15 | €7,244 | -€49,394 | -€56,638 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,273 | €13,273 | = | 0.0% |
| Distributable reserves | 133 | €13,273 | €13,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,629 | -€81,266 | -€56,638 | -230% |
| Amounts payable | 17/49 | €144,249 | €197,754 | +€53,505 | +37.1% |
| Amounts payable after more than one year | 17 | €41,757 | €25,647 | -€16,110 | -38.6% |
| Financial debts | 170/4 | €40,905 | €25,647 | -€15,259 | -37.3% |
| Other amounts payable | 178/9 | €851 | - | -€851 | |
| Amounts payable within one year | 42/48 | €102,492 | €172,107 | +€69,615 | +67.9% |
| Current portion of amounts payable after more than one year | 42 | €25,185 | €16,110 | -€9,075 | -36.0% |
| Financial debts | 43 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Credit institutions | 430/8 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Trade debts | 44 | €12,773 | €10,338 | -€2,436 | -19.1% |
| Suppliers | 440/4 | €12,773 | €10,338 | -€2,436 | -19.1% |
| Taxes, remuneration and social security | 45 | €5,044 | €648 | -€4,395 | -87.1% |
| Taxes | 450/3 | €4,939 | €648 | -€4,290 | -86.9% |
| Remuneration and social security | 454/9 | €105 | €0 | -€105 | -100% |
| Other amounts payable | 47/48 | €44,491 | €135,011 | +€90,520 | +203% |
| Remuneration, social security and pensions | 62 | €20,121 | €0 | -€20,121 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,841 | €17,579 | -€11,262 | -39.0% |
| Other operating charges | 640/8 | €1,079 | €544 | -€535 | -49.6% |
| Gross operating margin | 9900 | €38,234 | -€34,261 | -€72,495 | |
| Operating profit (loss) | 9901 | -€11,808 | -€52,384 | -€40,576 | -344% |
| Financial income | 75/76B | €0 | €727 | +€727 | |
| Recurring financial income | 75 | €0 | €727 | +€727 | |
| Financial charges | 65/66B | €4,630 | €4,981 | +€351 | +7.6% |
| Recurring financial charges | 65 | €4,630 | €4,981 | +€351 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,437 | -€56,638 | -€40,200 | -245% |
| Income taxes | 67/77 | €85 | €0 | -€85 | -100% |
| Profit (loss) for the period | 9904 | -€16,522 | -€56,638 | -€40,116 | -243% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,522 | -€56,638 | -€40,116 | -243% |
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 20 October 2026 via checked.be.