Inge Haeyaert: 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.
Inge Haeyaert
Largest movements
- Tangible fixed assets -€6,395
down €6,395 (-32.9%), from €19,422 to €13,027
of which Furniture and vehicles: -€6,391
- Receivables within one year -€714
down €714 (-35.3%), from €2,021 to €1,308
of which Other amounts receivable: -€714
- Cash +€445
up €445 (+5.5%), from €8,136 to €8,581
mainly Depreciation (+€7,049) and Net result for the year (+€3,460)
- Other debts -€9,350
down €9,350 (-25.3%), from €37,029 to €27,679
- Profit (loss) carried forward +€3,460
up €3,460 (+20.8%), from -€16,652 to -€13,192
- Tax, wage and social debts -€531
down €531 (-20.2%), from €2,635 to €2,104
- Staff costs +€2,050
up €2,050 (+55.0%), from €3,729 to €5,779
- Taxes +€714
up €714 (+32.0%), from €2,229 to €2,942
- Gross operating margin +€578
up €578 (+3.0%), from €19,473 to €20,050
- Depreciation -€221
down €221 (-3.0%), from €7,270 to €7,049
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 | €32,233 | €25,649 | -€6,584 | -20.4% |
| Fixed assets | 21/28 | €20,622 | €14,227 | -€6,395 | -31.0% |
| Tangible fixed assets | 22/27 | €19,422 | €13,027 | -€6,395 | -32.9% |
| Plant, machinery and equipment | 23 | €98 | €0 | -€98 | -100% |
| Furniture and vehicles | 24 | €18,019 | €11,627 | -€6,391 | -35.5% |
| Other tangible fixed assets | 26 | €1,305 | €1,400 | +€95 | +7.3% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €11,611 | €11,421 | -€190 | -1.6% |
| Amounts receivable within one year | 40/41 | €2,021 | €1,308 | -€714 | -35.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,021 | €1,308 | -€714 | -35.3% |
| Cash at bank and in hand | 54/58 | €8,136 | €8,581 | +€445 | +5.5% |
| Deferred charges and accrued income | 490/1 | €1,454 | €1,532 | +€79 | +5.4% |
| Total equity and liabilities | 10/49 | €32,233 | €25,649 | -€6,584 | -20.4% |
| Equity | 10/15 | -€8,208 | -€4,748 | +€3,460 | +42.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €6,444 | €6,444 | = | 0.0% |
| Distributable reserves | 133 | €6,444 | €6,444 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,652 | -€13,192 | +€3,460 | +20.8% |
| Amounts payable | 17/49 | €40,441 | €30,397 | -€10,044 | -24.8% |
| Amounts payable within one year | 42/48 | €40,441 | €30,397 | -€10,044 | -24.8% |
| Trade debts | 44 | €777 | €614 | -€163 | -21.0% |
| Suppliers | 440/4 | €777 | €614 | -€163 | -21.0% |
| Taxes, remuneration and social security | 45 | €2,635 | €2,104 | -€531 | -20.2% |
| Taxes | 450/3 | €2,635 | €2,104 | -€531 | -20.2% |
| Other amounts payable | 47/48 | €37,029 | €27,679 | -€9,350 | -25.3% |
| Remuneration, social security and pensions | 62 | €3,729 | €5,779 | +€2,050 | +55.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,270 | €7,049 | -€221 | -3.0% |
| Other operating charges | 640/8 | €697 | €717 | +€20 | +2.9% |
| Gross operating margin | 9900 | €19,473 | €20,050 | +€578 | +3.0% |
| Operating profit (loss) | 9901 | €7,777 | €6,505 | -€1,271 | -16.3% |
| Financial charges | 65/66B | €71 | €103 | +€31 | +44.0% |
| Recurring financial charges | 65 | €71 | €103 | +€31 | +44.0% |
| Profit (loss) for the period before taxes | 9903 | €7,705 | €6,403 | -€1,303 | -16.9% |
| Income taxes | 67/77 | €2,229 | €2,942 | +€714 | +32.0% |
| Profit (loss) for the period | 9904 | €5,476 | €3,460 | -€2,016 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,476 | €3,460 | -€2,016 | -36.8% |
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 13 October 2026 via checked.be.