IN EXTREMIS: 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 EXTREMIS
Largest movements
- Current investments -€136,638
down €136,638 (-54.6%), from €250,076 to €113,438
- Tangible fixed assets -€13,098
down €13,098 (-10.6%), from €123,065 to €109,967
of which Furniture and vehicles: -€9,058
- Other debts -€130,000
no longer reported in 2025 (was €130,000)
- Profit (loss) carried forward -€11,871
down €11,871 (-8.9%), from €133,297 to €121,426
- Financial income +€15,712
up €15,712 (+2,904%), from €541 to €16,253
- Gross operating margin -€9,068
down €9,068 (-2,855%), from -€318 to -€9,386
- Other operating charges -€157
down €157 (-3.2%), from €4,895 to €4,738
- Staff costs +€105
up €105 (+15.2%), from €691 to €796
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 | €461,933 | €317,021 | -€144,912 | -31.4% |
| Fixed assets | 21/28 | €123,065 | €109,967 | -€13,098 | -10.6% |
| Tangible fixed assets | 22/27 | €123,065 | €109,967 | -€13,098 | -10.6% |
| Land and buildings | 22 | €69,720 | €69,720 | -€0 | 0.0% |
| Plant, machinery and equipment | 23 | €25,631 | €21,591 | -€4,040 | -15.8% |
| Furniture and vehicles | 24 | €27,714 | €18,656 | -€9,058 | -32.7% |
| Current assets | 29/58 | €338,868 | €207,054 | -€131,814 | -38.9% |
| Amounts receivable within one year | 40/41 | €1,662 | €4,429 | +€2,767 | +166% |
| Other amounts receivable | 41 | €1,662 | €4,429 | +€2,767 | +166% |
| Current investments | 50/53 | €250,076 | €113,438 | -€136,638 | -54.6% |
| Cash at bank and in hand | 54/58 | €87,130 | €89,120 | +€1,990 | +2.3% |
| Deferred charges and accrued income | 490/1 | - | €67 | +€67 | |
| Total equity and liabilities | 10/49 | €461,933 | €317,021 | -€144,912 | -31.4% |
| Equity | 10/15 | €323,047 | €311,176 | -€11,871 | -3.7% |
| Reserves | 13 | €189,750 | €189,750 | = | 0.0% |
| Distributable reserves | 133 | €189,750 | €189,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,297 | €121,426 | -€11,871 | -8.9% |
| Amounts payable | 17/49 | €138,886 | €5,845 | -€133,041 | -95.8% |
| Amounts payable within one year | 42/48 | €138,886 | €5,845 | -€133,041 | -95.8% |
| Trade debts | 44 | €5,023 | €5,603 | +€580 | +11.6% |
| Suppliers | 440/4 | €5,023 | €5,603 | +€580 | +11.6% |
| Taxes, remuneration and social security | 45 | €3,863 | €242 | -€3,621 | -93.7% |
| Taxes | 450/3 | €3,863 | €242 | -€3,621 | -93.7% |
| Other amounts payable | 47/48 | €130,000 | - | -€130,000 | |
| Remuneration, social security and pensions | 62 | €691 | €796 | +€105 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,098 | €13,098 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,895 | €4,738 | -€157 | -3.2% |
| Gross operating margin | 9900 | -€318 | -€9,386 | -€9,068 | -2,855% |
| Operating profit (loss) | 9901 | -€19,002 | -€28,018 | -€9,016 | -47.4% |
| Financial income | 75/76B | €541 | €16,253 | +€15,712 | +2,904% |
| Recurring financial income | 75 | €541 | €16,253 | +€15,712 | +2,904% |
| Financial charges | 65/66B | €87 | €106 | +€19 | +22.3% |
| Recurring financial charges | 65 | €87 | €106 | +€19 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,548 | -€11,871 | +€6,677 | +36.0% |
| Income taxes | 67/77 | €43 | - | -€43 | |
| Profit (loss) for the period | 9904 | -€18,590 | -€11,871 | +€6,719 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,590 | -€11,871 | +€6,719 | +36.1% |
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 15 October 2026 via checked.be.