Insside Out: 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.
Insside Out
Largest movements
- Receivables within one year -€2,579
down €2,579 (-70.3%), from €3,668 to €1,089
- Tangible fixed assets -€387
no longer reported in 2025 (was €387)
- Cash +€48
up €48 (+452.0%), from €11 to €58
mainly Receivables within one year (+€2,579) and Depreciation (+€387)
- Other debts -€3,006
down €3,006 (-14.2%), from €21,240 to €18,234
- Profit (loss) carried forward +€82
up €82 (+0.2%), from -€38,987 to -€38,906
- Gross operating margin -€2,204
down €2,204 (-68.6%), from €3,214 to €1,010
- Depreciation -€246
down €246 (-38.9%), from €632 to €387
- Other operating charges -€116
down €116 (-27.4%), from €423 to €307
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 | €4,065 | €1,147 | -€2,918 | -71.8% |
| Fixed assets | 21/28 | €387 | - | -€387 | |
| Tangible fixed assets | 22/27 | €387 | - | -€387 | |
| Furniture and vehicles | 24 | €387 | - | -€387 | |
| Current assets | 29/58 | €3,679 | €1,147 | -€2,531 | -68.8% |
| Amounts receivable within one year | 40/41 | €3,668 | €1,089 | -€2,579 | -70.3% |
| Trade receivables | 40 | €3,668 | €1,089 | -€2,579 | -70.3% |
| Cash at bank and in hand | 54/58 | €11 | €58 | +€48 | +452.0% |
| Total equity and liabilities | 10/49 | €4,065 | €1,147 | -€2,918 | -71.8% |
| Equity | 10/15 | -€17,339 | -€17,257 | +€82 | +0.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | €18,550 | €18,550 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,987 | -€38,906 | +€82 | +0.2% |
| Amounts payable | 17/49 | €21,404 | €18,404 | -€3,000 | -14.0% |
| Amounts payable within one year | 42/48 | €21,404 | €18,404 | -€3,000 | -14.0% |
| Trade debts | 44 | €160 | €129 | -€31 | -19.1% |
| Suppliers | 440/4 | €160 | €129 | -€31 | -19.1% |
| Taxes, remuneration and social security | 45 | €5 | €41 | +€37 | +783.6% |
| Taxes | 450/3 | €5 | €41 | +€37 | +783.6% |
| Other amounts payable | 47/48 | €21,240 | €18,234 | -€3,006 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €632 | €387 | -€246 | -38.9% |
| Other operating charges | 640/8 | €423 | €307 | -€116 | -27.4% |
| Gross operating margin | 9900 | €3,214 | €1,010 | -€2,204 | -68.6% |
| Operating profit (loss) | 9901 | €2,159 | €316 | -€1,843 | -85.3% |
| Financial charges | 65/66B | €68 | €70 | +€2 | +3.3% |
| Recurring financial charges | 65 | €68 | €70 | +€2 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €2,091 | €246 | -€1,845 | -88.2% |
| Income taxes | 67/77 | €149 | €164 | +€15 | +10.0% |
| Profit (loss) for the period | 9904 | €1,941 | €82 | -€1,860 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,941 | €82 | -€1,860 | -95.8% |
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.