IN DE ZON: 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.
IN DE ZON
Largest movements
- Tangible fixed assets -€13,371
down €13,371 (-22.2%), from €60,101 to €46,730
- Cash +€1,125
up €1,125 (+507%), from €222 to €1,347
mainly Depreciation (+€13,371) and Net result for the year (+€8,411)
- Other debts -€13,548
down €13,548 (-32.3%), from €41,904 to €28,356
- Profit (loss) carried forward +€8,411
up €8,411 (+63.5%), from -€13,242 to -€4,831
- Tax, wage and social debts -€5,845
down €5,845 (-68.1%), from €8,584 to €2,739
of which Taxes: -€4,532
- Trade debts -€1,555
down €1,555 (-20.8%), from €7,465 to €5,909
- Staff costs -€26,302
no longer reported in 2025 (was €26,302)
- Depreciation +€7,531
up €7,531 (+129%), from €5,841 to €13,371
- Gross operating margin +€6,204
up €6,204 (+32.3%), from €19,189 to €25,393
- Taxes -€1,670
down €1,670 (-65.4%), from €2,555 to €885
- Financial charges -€629
down €629 (-55.4%), from €1,134 to €505
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 | €67,071 | €54,534 | -€12,537 | -18.7% |
| Fixed assets | 21/28 | €60,176 | €46,730 | -€13,446 | -22.3% |
| Tangible fixed assets | 22/27 | €60,101 | €46,730 | -€13,371 | -22.2% |
| Furniture and vehicles | 24 | €60,101 | €46,730 | -€13,371 | -22.2% |
| Financial fixed assets | 28 | €74 | - | -€74 | |
| Current assets | 29/58 | €6,895 | €7,804 | +€908 | +13.2% |
| Amounts receivable within one year | 40/41 | €5,292 | €5,518 | +€227 | +4.3% |
| Trade receivables | 40 | €5,292 | €5,518 | +€227 | +4.3% |
| Cash at bank and in hand | 54/58 | €222 | €1,347 | +€1,125 | +507% |
| Deferred charges and accrued income | 490/1 | €1,382 | €939 | -€443 | -32.1% |
| Total equity and liabilities | 10/49 | €67,071 | €54,534 | -€12,537 | -18.7% |
| Equity | 10/15 | €9,119 | €17,529 | +€8,411 | +92.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,160 | €16,160 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,500 | €1,500 | = | 0.0% |
| Distributable reserves | 133 | €14,660 | €14,660 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,242 | -€4,831 | +€8,411 | +63.5% |
| Amounts payable | 17/49 | €57,952 | €37,004 | -€20,948 | -36.1% |
| Amounts payable within one year | 42/48 | €57,952 | €37,004 | -€20,948 | -36.1% |
| Trade debts | 44 | €7,465 | €5,909 | -€1,555 | -20.8% |
| Suppliers | 440/4 | €7,465 | €5,909 | -€1,555 | -20.8% |
| Taxes, remuneration and social security | 45 | €8,584 | €2,739 | -€5,845 | -68.1% |
| Taxes | 450/3 | €7,271 | €2,739 | -€4,532 | -62.3% |
| Remuneration and social security | 454/9 | €1,313 | - | -€1,313 | |
| Other amounts payable | 47/48 | €41,904 | €28,356 | -€13,548 | -32.3% |
| Non-recurring operating income | 76A | €500 | - | -€500 | |
| Remuneration, social security and pensions | 62 | €26,302 | - | -€26,302 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,841 | €13,371 | +€7,531 | +129% |
| Other operating charges | 640/8 | €2,695 | €2,221 | -€474 | -17.6% |
| Non-recurring operating charges | 66A | €1,446 | - | -€1,446 | |
| Gross operating margin | 9900 | €19,189 | €25,393 | +€6,204 | +32.3% |
| Operating profit (loss) | 9901 | -€17,095 | €9,800 | +€26,895 | |
| Financial charges | 65/66B | €1,134 | €505 | -€629 | -55.4% |
| Recurring financial charges | 65 | €1,134 | €505 | -€629 | -55.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,228 | €9,295 | +€27,524 | |
| Income taxes | 67/77 | €2,555 | €885 | -€1,670 | -65.4% |
| Profit (loss) for the period | 9904 | -€20,783 | €8,411 | +€29,194 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,783 | €8,411 | +€29,194 |
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 22 October 2026 via checked.be.