INFORMATOR: 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.
INFORMATOR
Largest movements
- Cash -€5,919
down €5,919 (-62.0%), from €9,546 to €3,626
mainly Net result for the year (-€3,182) and Accrued charges and deferred income (-€2,411)
- Formation expenses -€385
down €385 (-35.9%), from €1,073 to €688
- Tangible fixed assets -€191
down €191 (-35.5%), from €538 to €347
- Profit (loss) carried forward -€3,182
down €3,182 (-51.7%), from -€6,152 to -€9,335
- Accrued charges and deferred income -€2,411
down €2,411 (-100.0%), from €2,411 to €0
- Other debts -€874
down €874 (-34.6%), from €2,528 to €1,654
- Gross operating margin +€2,273
up €2,273 (+49.7%), from -€4,577 to -€2,304
- Depreciation -€730
down €730 (-55.9%), from €1,307 to €576
- Other operating charges +€62
up €62 (+46.8%), from €132 to €193
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 | €11,606 | €5,094 | -€6,512 | -56.1% |
| Formation expenses | 20 | €1,073 | €688 | -€385 | -35.9% |
| Fixed assets | 21/28 | €538 | €347 | -€191 | -35.5% |
| Tangible fixed assets | 22/27 | €538 | €347 | -€191 | -35.5% |
| Plant, machinery and equipment | 23 | €538 | €347 | -€191 | -35.5% |
| Current assets | 29/58 | €9,995 | €4,059 | -€5,936 | -59.4% |
| Amounts receivable within one year | 40/41 | €433 | €433 | = | 0.0% |
| Other amounts receivable | 41 | €433 | €433 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,546 | €3,626 | -€5,919 | -62.0% |
| Deferred charges and accrued income | 490/1 | €16 | €0 | -€16 | -100.0% |
| Total equity and liabilities | 10/49 | €11,606 | €5,094 | -€6,512 | -56.1% |
| Equity | 10/15 | €6,067 | €2,885 | -€3,182 | -52.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €9,720 | €9,720 | = | 0.0% |
| Distributable reserves | 133 | €9,720 | €9,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,152 | -€9,335 | -€3,182 | -51.7% |
| Amounts payable | 17/49 | €5,539 | €2,209 | -€3,330 | -60.1% |
| Amounts payable within one year | 42/48 | €3,127 | €2,209 | -€918 | -29.4% |
| Trade debts | 44 | €597 | €555 | -€42 | -7.0% |
| Suppliers | 440/4 | €597 | €555 | -€42 | -7.0% |
| Taxes, remuneration and social security | 45 | €3 | €0 | -€3 | -100.0% |
| Taxes | 450/3 | €3 | €0 | -€3 | -100.0% |
| Other amounts payable | 47/48 | €2,528 | €1,654 | -€874 | -34.6% |
| Accrued charges and deferred income | 492/3 | €2,411 | €0 | -€2,411 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,307 | €576 | -€730 | -55.9% |
| Other operating charges | 640/8 | €132 | €193 | +€62 | +46.8% |
| Gross operating margin | 9900 | -€4,577 | -€2,304 | +€2,273 | +49.7% |
| Operating profit (loss) | 9901 | -€6,016 | -€3,074 | +€2,942 | +48.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €109 | €108 | -€1 | -0.6% |
| Recurring financial charges | 65 | €109 | €108 | -€1 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,124 | -€3,182 | +€2,942 | +48.0% |
| Income taxes | 67/77 | €28 | €0 | -€28 | -100.0% |
| Profit (loss) for the period | 9904 | -€6,152 | -€3,182 | +€2,970 | +48.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,152 | -€3,182 | +€2,970 | +48.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.