in flow: what changed
Two fiscal 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 flow
Largest movements
- Receivables within one year -€8,207
down €8,207 (-7.5%), from €109,346 to €101,139
of which Other amounts receivable: -€17,077
- Tangible fixed assets -€2,831
down €2,831 (-6.7%), from €42,152 to €39,321
of which Furniture and vehicles: -€4,179
- Debts after one year -€10,920
down €10,920 (-30.7%), from €35,627 to €24,707
- Gross operating margin -€56,401
down €56,401 (-94.9%), from €59,457 to €3,056
- Depreciation -€10,884
down €10,884 (-84.9%), from €12,821 to €1,937
- Taxes -€7,626
down €7,626, from €7,616 to -€10
- Financial charges -€671
down €671 (-31.9%), from €2,103 to €1,432
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.
Cash bridge derived
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 | €157,801 | €145,434 | -€12,367 | -7.8% |
| Fixed assets | 21/28 | €45,152 | €42,321 | -€2,831 | -6.3% |
| Tangible fixed assets | 22/27 | €42,152 | €39,321 | -€2,831 | -6.7% |
| Plant, machinery and equipment | 23 | €5,083 | €7,314 | +€2,231 | +43.9% |
| Furniture and vehicles | 24 | €7,351 | €3,172 | -€4,179 | -56.8% |
| Other tangible fixed assets | 26 | €29,718 | €28,835 | -€883 | -3.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €112,649 | €103,113 | -€9,536 | -8.5% |
| Amounts receivable within one year | 40/41 | €109,346 | €101,139 | -€8,207 | -7.5% |
| Trade receivables | 40 | €8,272 | €17,142 | +€8,870 | +107.2% |
| Other amounts receivable | 41 | €101,074 | €83,997 | -€17,077 | -16.9% |
| Cash at bank and in hand | 54/58 | €3,303 | €1,753 | -€1,550 | -46.9% |
| Deferred charges and accrued income | 490/1 | - | €221 | +€221 | |
| Total equity and liabilities | 10/49 | €157,801 | €145,434 | -€12,367 | -7.8% |
| Equity | 10/15 | €110,046 | €109,484 | -€562 | -0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,419 | €1,419 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,419 | €1,419 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,419 | €1,419 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,027 | €89,465 | -€562 | -0.6% |
| Amounts payable | 17/49 | €47,755 | €35,950 | -€11,805 | -24.7% |
| Amounts payable after more than one year | 17 | €35,627 | €24,707 | -€10,920 | -30.7% |
| Financial debts | 170/4 | €35,627 | €24,707 | -€10,920 | -30.7% |
| Amounts payable within one year | 42/48 | €12,128 | €11,243 | -€885 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €10,627 | €10,920 | +€293 | +2.8% |
| Trade debts | 44 | €1,501 | €323 | -€1,178 | -78.5% |
| Suppliers | 440/4 | €1,501 | €323 | -€1,178 | -78.5% |
| Non-recurring operating income | 76A | - | €3,810 | +€3,810 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,821 | €1,937 | -€10,884 | -84.9% |
| Other operating charges | 640/8 | €646 | €387 | -€259 | -40.1% |
| Gross operating margin | 9900 | €59,457 | €3,056 | -€56,401 | -94.9% |
| Operating profit (loss) | 9901 | €45,990 | €732 | -€45,258 | -98.4% |
| Financial income | 75/76B | €175 | €128 | -€47 | -26.9% |
| Recurring financial income | 75 | €175 | €128 | -€47 | -26.9% |
| Financial charges | 65/66B | €2,103 | €1,432 | -€671 | -31.9% |
| Recurring financial charges | 65 | €2,103 | €1,432 | -€671 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €44,062 | -€572 | -€44,634 | |
| Income taxes | 67/77 | €7,616 | -€10 | -€7,626 | |
| Profit (loss) for the period | 9904 | €36,446 | -€562 | -€37,008 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,446 | -€562 | -€37,008 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.