IN-DEPTH SURVEYS: 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-DEPTH SURVEYS
Largest movements
- Receivables within one year -€3,641
down €3,641 (-96.1%), from €3,787 to €146
of which Other amounts receivable: -€3,641
- Deferred charges and accrued income -€2,156
down €2,156 (-88.1%), from €2,447 to €291
- Tangible fixed assets +€2,037
up €2,037 (+33.6%), from €6,070 to €8,107
of which Furniture and vehicles: +€3,154
- Cash +€456
up €456 (+3.3%), from €13,828 to €14,284
mainly Depreciation (+€4,256) and Receivables within one year (+€3,641)
- Profit (loss) carried forward -€4,137
down €4,137 (-27.2%), from -€15,195 to -€19,332
- Other debts +€687
up €687 (+96.5%), from €712 to €1,398
- Gross operating margin +€11,609
up €11,609, from -€11,304 to €305
- Depreciation +€1,897
up €1,897 (+80.4%), from €2,359 to €4,256
- Other operating charges -€1,558
down €1,558 (-89.6%), from €1,739 to €181
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 | €26,132 | €22,828 | -€3,304 | -12.6% |
| Fixed assets | 21/28 | €6,070 | €8,107 | +€2,037 | +33.6% |
| Tangible fixed assets | 22/27 | €6,070 | €8,107 | +€2,037 | +33.6% |
| Plant, machinery and equipment | 23 | €2,079 | €962 | -€1,117 | -53.7% |
| Furniture and vehicles | 24 | €3,992 | €7,145 | +€3,154 | +79.0% |
| Current assets | 29/58 | €20,062 | €14,721 | -€5,341 | -26.6% |
| Amounts receivable within one year | 40/41 | €3,787 | €146 | -€3,641 | -96.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €3,787 | €146 | -€3,641 | -96.1% |
| Cash at bank and in hand | 54/58 | €13,828 | €14,284 | +€456 | +3.3% |
| Deferred charges and accrued income | 490/1 | €2,447 | €291 | -€2,156 | -88.1% |
| Total equity and liabilities | 10/49 | €26,132 | €22,828 | -€3,304 | -12.6% |
| Equity | 10/15 | €24,766 | €20,629 | -€4,137 | -16.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €27,561 | €27,561 | = | 0.0% |
| Distributable reserves | 133 | €27,561 | €27,561 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,195 | -€19,332 | -€4,137 | -27.2% |
| Amounts payable | 17/49 | €1,366 | €2,199 | +€833 | +61.0% |
| Amounts payable within one year | 42/48 | €1,366 | €2,199 | +€833 | +61.0% |
| Trade debts | 44 | €583 | €729 | +€146 | +25.0% |
| Suppliers | 440/4 | €583 | €729 | +€146 | +25.0% |
| Taxes, remuneration and social security | 45 | €71 | €71 | = | 0.0% |
| Taxes | 450/3 | €71 | €71 | = | 0.0% |
| Other amounts payable | 47/48 | €712 | €1,398 | +€687 | +96.5% |
| Non-recurring operating income | 76A | - | €7,265 | +€7,265 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,359 | €4,256 | +€1,897 | +80.4% |
| Other operating charges | 640/8 | €1,739 | €181 | -€1,558 | -89.6% |
| Gross operating margin | 9900 | -€11,304 | €305 | +€11,609 | |
| Operating profit (loss) | 9901 | -€15,402 | -€4,132 | +€11,270 | +73.2% |
| Financial income | 75/76B | €95 | €109 | +€14 | +14.2% |
| Recurring financial income | 75 | €95 | €109 | +€14 | +14.2% |
| Financial charges | 65/66B | €119 | €102 | -€17 | -14.6% |
| Recurring financial charges | 65 | €119 | €102 | -€17 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,426 | -€4,125 | +€11,301 | +73.3% |
| Income taxes | 67/77 | €66 | €12 | -€54 | -81.3% |
| Profit (loss) for the period | 9904 | -€15,492 | -€4,137 | +€11,355 | +73.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,492 | -€4,137 | +€11,355 | +73.3% |
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 30 October 2026 via checked.be.