Intake: what changed
Intake
Largest movements
- Cash -€340,058
down €340,058 (-35.4%), from €959,929 to €619,871
mainly Net result for the year (-€2.0m) and Accrued charges and deferred income (-€39,693)
- Intangible fixed assets -€107,581
down €107,581 (-39.3%), from €273,829 to €166,248
- Receivables within one year -€22,426
down €22,426 (-19.9%), from €112,513 to €90,087
of which Trade receivables: -€32,100
- Profit (loss) carried forward -€2.0m
down €2.0m (-64.3%), from -€3.1m to -€5.0m
- Contributions +€1.5m
up €1.5m (+37.6%), from €4.0m to €5.5m
- Accrued charges and deferred income -€39,693
down €39,693 (-66.8%), from €59,402 to €19,709
- Trade debts +€36,833
up €36,833 (+16.4%), from €224,664 to €261,497
- Staff costs +€245,309
up €245,309 (+64.4%), from €381,119 to €626,428
- Gross operating margin +€42,070
up €42,070 (+3.4%), from -€1.2m to -€1.2m
- Financial charges -€32,670
down €32,670 (-61.4%), from €53,234 to €20,564
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,368,330 | €907,167 | -€461,164 | -33.7% |
| Fixed assets | 21/28 | €291,319 | €194,382 | -€96,937 | -33.3% |
| Intangible fixed assets | 21 | €273,829 | €166,248 | -€107,581 | -39.3% |
| Tangible fixed assets | 22/27 | €17,491 | €28,134 | +€10,644 | +60.9% |
| Plant, machinery and equipment | 23 | €12,252 | €20,894 | +€8,642 | +70.5% |
| Furniture and vehicles | 24 | €5,239 | €7,240 | +€2,001 | +38.2% |
| Current assets | 29/58 | €1,077,011 | €712,785 | -€364,226 | -33.8% |
| Amounts receivable within one year | 40/41 | €112,513 | €90,087 | -€22,426 | -19.9% |
| Trade receivables | 40 | €112,264 | €80,163 | -€32,100 | -28.6% |
| Other amounts receivable | 41 | €250 | €9,924 | +€9,674 | +3,874% |
| Cash at bank and in hand | 54/58 | €959,929 | €619,871 | -€340,058 | -35.4% |
| Deferred charges and accrued income | 490/1 | €4,569 | €2,827 | -€1,742 | -38.1% |
| Total equity and liabilities | 10/49 | €1,368,330 | €907,167 | -€461,164 | -33.7% |
| Equity | 10/15 | €932,910 | €469,434 | -€463,476 | -49.7% |
| Contributions | 10/11 | €3,985,613 | €5,485,613 | +€1.5m | +37.6% |
| Profit (loss) carried forward | 14 | -€3,052,704 | -€5,016,180 | -€2.0m | -64.3% |
| Amounts payable | 17/49 | €435,421 | €437,733 | +€2,312 | +0.5% |
| Amounts payable within one year | 42/48 | €376,019 | €418,024 | +€42,006 | +11.2% |
| Trade debts | 44 | €224,664 | €261,497 | +€36,833 | +16.4% |
| Suppliers | 440/4 | €224,664 | €261,497 | +€36,833 | +16.4% |
| Taxes, remuneration and social security | 45 | €59,143 | €64,918 | +€5,775 | +9.8% |
| Taxes | 450/3 | €26,103 | - | -€26,103 | |
| Remuneration and social security | 454/9 | €33,041 | €64,918 | +€31,878 | +96.5% |
| Other amounts payable | 47/48 | €92,211 | €91,609 | -€602 | -0.7% |
| Accrued charges and deferred income | 492/3 | €59,402 | €19,709 | -€39,693 | -66.8% |
| Remuneration, social security and pensions | 62 | €381,119 | €626,428 | +€245,309 | +64.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,798 | €111,463 | +€2,665 | +2.4% |
| Other operating charges | 640/8 | €1,295 | €693 | -€601 | -46.5% |
| Gross operating margin | 9900 | -€1,246,407 | -€1,204,337 | +€42,070 | +3.4% |
| Operating profit (loss) | 9901 | -€1,737,619 | -€1,942,921 | -€205,303 | -11.8% |
| Financial income | 75/76B | €37 | €10 | -€27 | -73.9% |
| Recurring financial income | 75 | €37 | €10 | -€27 | -73.9% |
| Financial charges | 65/66B | €53,234 | €20,564 | -€32,670 | -61.4% |
| Recurring financial charges | 65 | €53,234 | €20,564 | -€32,670 | -61.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,790,816 | -€1,963,476 | -€172,660 | -9.6% |
| Profit (loss) for the period | 9904 | -€1,790,816 | -€1,963,476 | -€172,660 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,790,816 | -€1,963,476 | -€172,660 | -9.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.