INFODESK: 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.
INFODESK
Largest movements
- Receivables within one year -€318,463
down €318,463 (-67.0%), from €475,567 to €157,103
of which Trade receivables: -€338,073
- Stocks and contracts -€123,471
down €123,471 (-33.5%), from €368,364 to €244,893
- Tangible fixed assets +€30,309
up €30,309 (+180.9%), from €16,754 to €47,063
of which Other tangible fixed assets: +€28,807
- Financial fixed assets +€21,000
new in 2025: €21,000
- Intangible fixed assets -€11,185
down €11,185 (-72.9%), from €15,350 to €4,165
- Trade debts -€344,483
down €344,483 (-63.9%), from €538,894 to €194,411
- Other debts -€60,140
down €60,140 (-51.6%), from €116,658 to €56,518
- Profit (loss) carried forward +€9,665
up €9,665 (+32.1%), from €30,075 to €39,740
- Staff costs +€50,620
new in 2025: €50,620
- Gross operating margin +€37,126
up €37,126 (+86.2%), from €43,066 to €80,191
- Taxes -€4,862
down €4,862 (-67.8%), from €7,169 to €2,307
- Financial charges -€2,267
down €2,267 (-63.8%), from €3,554 to €1,287
- Other operating charges -€2,091
down €2,091 (-62.9%), from €3,324 to €1,233
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 | €877,792 | €476,932 | -€400,860 | -45.7% |
| Fixed assets | 21/28 | €32,105 | €72,229 | +€40,124 | +125.0% |
| Intangible fixed assets | 21 | €15,350 | €4,165 | -€11,185 | -72.9% |
| Tangible fixed assets | 22/27 | €16,754 | €47,063 | +€30,309 | +180.9% |
| Furniture and vehicles | 24 | €1,251 | €2,754 | +€1,502 | +120.1% |
| Other tangible fixed assets | 26 | €15,503 | €44,310 | +€28,807 | +185.8% |
| Financial fixed assets | 28 | - | €21,000 | +€21,000 | |
| Current assets | 29/58 | €845,687 | €404,703 | -€440,984 | -52.1% |
| Stocks and contracts in progress | 3 | €368,364 | €244,893 | -€123,471 | -33.5% |
| Stocks | 30/36 | €368,364 | €244,893 | -€123,471 | -33.5% |
| Amounts receivable within one year | 40/41 | €475,567 | €157,103 | -€318,463 | -67.0% |
| Trade receivables | 40 | €405,518 | €67,444 | -€338,073 | -83.4% |
| Other amounts receivable | 41 | €70,049 | €89,659 | +€19,610 | +28.0% |
| Cash at bank and in hand | 54/58 | €10 | €2,707 | +€2,697 | +27663.3% |
| Deferred charges and accrued income | 490/1 | €1,747 | - | -€1,747 | |
| Total equity and liabilities | 10/49 | €877,792 | €476,932 | -€400,860 | -45.7% |
| Equity | 10/15 | €195,480 | €205,145 | +€9,665 | +4.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €146,855 | €146,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €145,000 | €145,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,075 | €39,740 | +€9,665 | +32.1% |
| Amounts payable | 17/49 | €682,312 | €271,787 | -€410,525 | -60.2% |
| Amounts payable within one year | 42/48 | €682,312 | €271,787 | -€410,525 | -60.2% |
| Trade debts | 44 | €538,894 | €194,411 | -€344,483 | -63.9% |
| Suppliers | 440/4 | €538,894 | €194,411 | -€344,483 | -63.9% |
| Taxes, remuneration and social security | 45 | €26,760 | €20,858 | -€5,902 | -22.1% |
| Taxes | 450/3 | €26,760 | €9,806 | -€16,954 | -63.4% |
| Remuneration and social security | 454/9 | - | €11,052 | +€11,052 | |
| Other amounts payable | 47/48 | €116,658 | €56,518 | -€60,140 | -51.6% |
| Remuneration, social security and pensions | 62 | - | €50,620 | +€50,620 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,028 | €15,079 | +€1,052 | +7.5% |
| Other operating charges | 640/8 | €3,324 | €1,233 | -€2,091 | -62.9% |
| Gross operating margin | 9900 | €43,066 | €80,191 | +€37,126 | +86.2% |
| Operating profit (loss) | 9901 | €25,714 | €13,259 | -€12,455 | -48.4% |
| Financial charges | 65/66B | €3,554 | €1,287 | -€2,267 | -63.8% |
| Recurring financial charges | 65 | €3,554 | €1,287 | -€2,267 | -63.8% |
| Profit (loss) for the period before taxes | 9903 | €22,160 | €11,972 | -€10,188 | -46.0% |
| Income taxes | 67/77 | €7,169 | €2,307 | -€4,862 | -67.8% |
| Profit (loss) for the period | 9904 | €14,991 | €9,665 | -€5,326 | -35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,991 | €9,665 | -€5,326 | -35.5% |
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 7 October 2026 via checked.be.