INTERNO: 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.
INTERNO
Largest movements
- Cash +€86,135
up €86,135 (+238%), from €36,206 to €122,340
mainly Current investments (+€80,000) and Trade debts (+€1,932)
- Current investments -€80,000
down €80,000 (-66.9%), from €119,513 to €39,513
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€1,946
down €1,946 (-29.8%), from €6,533 to €4,587
- Financial income -€1,783
down €1,783 (-38.9%), from €4,581 to €2,798
- Taxes -€931
down €931 (-90.6%), from €1,027 to €96
- Depreciation -€190
down €190 (-9.4%), from €2,025 to €1,835
- Other operating charges +€147
up €147 (+3.0%), from €4,842 to €4,990
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 | €208,612 | €210,833 | +€2,221 | +1.1% |
| Fixed assets | 21/28 | €48,711 | €46,876 | -€1,835 | -3.8% |
| Tangible fixed assets | 22/27 | €48,711 | €46,876 | -€1,835 | -3.8% |
| Land and buildings | 22 | €48,711 | €46,876 | -€1,835 | -3.8% |
| Current assets | 29/58 | €159,901 | €163,957 | +€4,055 | +2.5% |
| Amounts receivable within one year | 40/41 | €2,668 | €2,103 | -€565 | -21.2% |
| Trade receivables | 40 | €0 | €330 | +€330 | |
| Other amounts receivable | 41 | €2,668 | €1,773 | -€895 | -33.5% |
| Current investments | 50/53 | €119,513 | €39,513 | -€80,000 | -66.9% |
| Cash at bank and in hand | 54/58 | €36,206 | €122,340 | +€86,135 | +238% |
| Deferred charges and accrued income | 490/1 | €1,514 | €0 | -€1,514 | -100% |
| Total equity and liabilities | 10/49 | €208,612 | €210,833 | +€2,221 | +1.1% |
| Equity | 10/15 | €84,051 | €84,340 | +€289 | +0.3% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €21,551 | €21,840 | +€289 | +1.3% |
| Distributable reserves | 133 | €21,551 | €21,840 | +€289 | +1.3% |
| Amounts payable | 17/49 | €124,561 | €126,493 | +€1,932 | +1.6% |
| Amounts payable within one year | 42/48 | €124,561 | €126,493 | +€1,932 | +1.6% |
| Trade debts | 44 | €501 | €2,433 | +€1,932 | +385% |
| Suppliers | 440/4 | €501 | €2,433 | +€1,932 | +385% |
| Other amounts payable | 47/48 | €124,060 | €124,060 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,025 | €1,835 | -€190 | -9.4% |
| Other operating charges | 640/8 | €4,842 | €4,990 | +€147 | +3.0% |
| Gross operating margin | 9900 | €6,533 | €4,587 | -€1,946 | -29.8% |
| Operating profit (loss) | 9901 | -€334 | -€2,237 | -€1,903 | -569% |
| Financial income | 75/76B | €4,581 | €2,798 | -€1,783 | -38.9% |
| Recurring financial income | 75 | €4,581 | €2,798 | -€1,783 | -38.9% |
| Financial charges | 65/66B | €138 | €175 | +€38 | +27.3% |
| Recurring financial charges | 65 | €138 | €175 | +€38 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €4,109 | €385 | -€3,724 | -90.6% |
| Income taxes | 67/77 | €1,027 | €96 | -€931 | -90.6% |
| Profit (loss) for the period | 9904 | €3,082 | €289 | -€2,793 | -90.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,082 | €289 | -€2,793 | -90.6% |
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 23 October 2026 via checked.be.