INSAIGHT: 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.
INSAIGHT
Largest movements
- Receivables within one year -€10,340
down €10,340 (-80.4%), from €12,853 to €2,513
of which Trade receivables: -€12,850
- Cash -€3,749
down €3,749 (-33.8%), from €11,087 to €7,338
mainly Net result for the year (-€25,387) and Tax, wage and social debts (-€3,517)
- Tangible fixed assets +€1,729
new in 2025: €1,729
- Intangible fixed assets -€500
down €500 (-22.5%), from €2,222 to €1,722
- Profit (loss) carried forward -€25,387
new in 2025: -€25,387
- Trade debts +€18,513
up €18,513 (+276.1%), from €6,704 to €25,217
- Tax, wage and social debts -€3,517
down €3,517 (-41.3%), from €8,516 to €4,999
- Other debts -€2,466
no longer reported in 2025 (was €2,466)
- Gross operating margin -€36,624
down €36,624, from €14,087 to -€22,537
- Taxes -€3,364
down €3,364 (-96.2%), from €3,496 to €132
- Financial charges +€743
up €743 (+59.0%), from €1,258 to €2,001
- Depreciation +€321
up €321 (+115.5%), from €278 to €599
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 | €27,442 | €14,585 | -€12,856 | -46.9% |
| Fixed assets | 21/28 | €2,222 | €3,451 | +€1,229 | +55.3% |
| Intangible fixed assets | 21 | €2,222 | €1,722 | -€500 | -22.5% |
| Tangible fixed assets | 22/27 | - | €1,729 | +€1,729 | |
| Plant, machinery and equipment | 23 | - | €1,729 | +€1,729 | |
| Current assets | 29/58 | €25,220 | €11,134 | -€14,085 | -55.9% |
| Amounts receivable within one year | 40/41 | €12,853 | €2,513 | -€10,340 | -80.4% |
| Trade receivables | 40 | €12,850 | - | -€12,850 | |
| Other amounts receivable | 41 | €3 | €2,513 | +€2,510 | +72753.9% |
| Cash at bank and in hand | 54/58 | €11,087 | €7,338 | -€3,749 | -33.8% |
| Deferred charges and accrued income | 490/1 | €1,279 | €1,283 | +€4 | +0.3% |
| Total equity and liabilities | 10/49 | €27,442 | €14,585 | -€12,856 | -46.9% |
| Equity | 10/15 | €9,756 | -€15,631 | -€25,387 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €8,756 | €8,756 | = | 0.0% |
| Distributable reserves | 133 | €8,756 | €8,756 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€25,387 | -€25,387 | |
| Amounts payable | 17/49 | €17,686 | €30,216 | +€12,530 | +70.8% |
| Amounts payable within one year | 42/48 | €17,686 | €30,216 | +€12,530 | +70.8% |
| Trade debts | 44 | €6,704 | €25,217 | +€18,513 | +276.1% |
| Suppliers | 440/4 | €6,704 | €25,217 | +€18,513 | +276.1% |
| Taxes, remuneration and social security | 45 | €8,516 | €4,999 | -€3,517 | -41.3% |
| Taxes | 450/3 | €8,516 | €4,999 | -€3,517 | -41.3% |
| Other amounts payable | 47/48 | €2,466 | - | -€2,466 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278 | €599 | +€321 | +115.5% |
| Other operating charges | 640/8 | €300 | €120 | -€180 | -60.0% |
| Gross operating margin | 9900 | €14,087 | -€22,537 | -€36,624 | |
| Operating profit (loss) | 9901 | €13,509 | -€23,256 | -€36,765 | |
| Financial income | 75/76B | €1 | €2 | +€1 | +148.5% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +148.5% |
| Financial charges | 65/66B | €1,258 | €2,001 | +€743 | +59.0% |
| Recurring financial charges | 65 | €1,258 | €2,001 | +€743 | +59.0% |
| Profit (loss) for the period before taxes | 9903 | €12,252 | -€25,255 | -€37,506 | |
| Income taxes | 67/77 | €3,496 | €132 | -€3,364 | -96.2% |
| Profit (loss) for the period | 9904 | €8,756 | -€25,387 | -€34,142 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,756 | -€25,387 | -€34,142 |
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 4 October 2026 via checked.be.