IN-RED: 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-RED
Largest movements
- Receivables within one year -€68,393
down €68,393 (-87.3%), from €78,387 to €9,994
of which Other amounts receivable: -€62,002
- Cash +€5,136
up €5,136 (+1133.5%), from €453 to €5,589
mainly Other debts (+€108,291) and Receivables within one year (+€68,393)
- Profit (loss) carried forward -€156,363
down €156,363 (-60.2%), from -€259,735 to -€416,098
- Other debts +€108,291
up €108,291 (+115.4%), from €93,809 to €202,100
- Trade debts -€15,185
down €15,185 (-8.6%), from €176,558 to €161,374
- Gross operating margin +€43,506
up €43,506 (+21.8%), from -€199,144 to -€155,637
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 | €78,840 | €15,583 | -€63,257 | -80.2% |
| Current assets | 29/58 | €78,840 | €15,583 | -€63,257 | -80.2% |
| Amounts receivable within one year | 40/41 | €78,387 | €9,994 | -€68,393 | -87.3% |
| Trade receivables | 40 | €6,391 | - | -€6,391 | |
| Other amounts receivable | 41 | €71,996 | €9,994 | -€62,002 | -86.1% |
| Cash at bank and in hand | 54/58 | €453 | €5,589 | +€5,136 | +1133.5% |
| Total equity and liabilities | 10/49 | €78,840 | €15,583 | -€63,257 | -80.2% |
| Equity | 10/15 | -€191,535 | -€347,898 | -€156,363 | -81.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€259,735 | -€416,098 | -€156,363 | -60.2% |
| Amounts payable | 17/49 | €270,375 | €363,481 | +€93,106 | +34.4% |
| Amounts payable within one year | 42/48 | €270,375 | €363,481 | +€93,106 | +34.4% |
| Financial debts | 43 | €7 | €7 | = | 0.0% |
| Credit institutions | 430/8 | €7 | €7 | = | 0.0% |
| Trade debts | 44 | €176,558 | €161,374 | -€15,185 | -8.6% |
| Suppliers | 440/4 | €176,558 | €161,374 | -€15,185 | -8.6% |
| Other amounts payable | 47/48 | €93,809 | €202,100 | +€108,291 | +115.4% |
| Other operating charges | 640/8 | €434 | €546 | +€112 | +25.7% |
| Gross operating margin | 9900 | -€199,144 | -€155,637 | +€43,506 | +21.8% |
| Operating profit (loss) | 9901 | -€199,578 | -€156,183 | +€43,395 | +21.7% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €150 | €180 | +€30 | +20.0% |
| Recurring financial charges | 65 | €150 | €180 | +€30 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | -€199,728 | -€156,363 | +€43,365 | +21.7% |
| Profit (loss) for the period | 9904 | -€199,728 | -€156,363 | +€43,365 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€199,728 | -€156,363 | +€43,365 | +21.7% |
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 5 October 2026 via checked.be.